The Intercreditor Deed is a crucial document in complex financing arrangements where multiple creditors are involved in lending to the same borrower or group of borrowers. It becomes necessary when there are different classes of debt (such as senior, mezzanine, or subordinated debt) or multiple security interests that need to be coordinated. Under Indonesian law, this document must comply with specific regulatory requirements, including those set by OJK and Bank Indonesia, particularly regarding security interests, enforcement rights, and banking regulations. The Intercreditor Deed establishes clear protocols for payment priorities, security sharing, enforcement actions, and decision-making processes, while ensuring compliance with Indonesian mandatory provisions regarding fiduciary security, land mortgages, and creditor rights.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies all parties to the deed including senior creditors, security agent, facility agent, and other creditor classes
2. Background: Sets out the context of the financing arrangements and purpose of the intercreditor deed
3. Definitions and Interpretation: Defines key terms and establishes interpretation principles
4. Ranking and Priority: Establishes the ranking of debt and priority of payments between creditors
5. Payment Provisions: Details the payment mechanics and waterfall arrangements
6. Security Sharing: Establishes how security interests are shared among creditors
7. Enforcement: Sets out rights and procedures for enforcement of security
8. Application of Proceeds: Specifies how proceeds from enforcement or payments are to be distributed
9. Decision Making: Details voting mechanisms and majority requirements for creditor decisions
10. Role of Security Agent: Defines the duties, powers, and protections of the security agent
11. Costs and Expenses: Allocates responsibility for costs and expenses
12. Changes to Parties: Procedures for transfers and assignments
13. Notices: Communication requirements and methods
14. Governing Law and Jurisdiction: Specifies Indonesian law as governing law and jurisdiction for disputes
1. Subordination Provisions: Include when there are subordinated creditors or shareholder loans
2. Hedge Counterparty Provisions: Include when there are hedging arrangements that need to be addressed
3. Purchase Option: Include when junior creditors have rights to purchase senior debt
4. Standstill Provisions: Include when specific creditor standstill periods are required
5. Debt Purchase Transactions: Include when debt trading or buy-back provisions are relevant
6. New Debt Instruments: Include when there's possibility of additional debt facilities
7. Agent Replacement Provisions: Include when specific agent replacement mechanisms are needed
8. Indonesian Language Provision: Include when dual language execution is required under Indonesian law
1. Form of Accession Deed: Standard form for new parties to accede to the agreement
2. Form of Resignation Letter: Template for resigning agents or parties
3. Security Documents: List and details of all security documents
4. Creditor Details: Details of all creditors and their commitments
5. Notice Details: Contact information for all parties
6. Form of Power of Attorney: Standard form of power of attorney required under Indonesian law
7. Payment Waterfall: Detailed payment priority waterfall
8. Voting Mechanisms: Detailed procedures for creditor voting and decision-making
9. Form of Transfer Certificate: Template for transfers of rights and obligations
Relevant legal definitions
Clauses
Relevant Industries
Banking and Finance
Infrastructure
Real Estate
Mining
Oil and Gas
Manufacturing
Power and Energy
Telecommunications
Transportation
Agriculture
Construction
Retail
Relevant Teams
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Finance
Credit
Debt Capital Markets
Transaction Management
Investment
Operations
Relevant Roles
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Senior Legal Manager
Compliance Officer
Risk Manager
Corporate Finance Manager
Investment Manager
Credit Risk Officer
Debt Finance Manager
Transaction Manager
Security Trustee
Facility Agent
Syndication Manager
Find the exact document you need
Hire Purchase Agreement For Vehicle
An Indonesian law-governed agreement for vehicle financing through hire purchase arrangement, detailing payment terms, ownership conditions, and parties' obligations.
find out more
Simple Interest Loan Contract
An Indonesian law-governed loan agreement establishing terms for a simple interest loan, compliant with local banking and financial services regulations.
find out more
Agreement Between Financier And Company
An Indonesian law-governed financing agreement between a financier and company, setting out terms for funding, repayment, and security arrangements.
find out more
Legal Financial Agreement Between Two Parties
An Indonesian law-governed agreement establishing financial obligations between two parties, incorporating key regulatory requirements and protective provisions for both parties.
find out more
Employees Loan Agreement
An Indonesian law-governed agreement establishing terms for an employer-provided loan to an employee, including repayment through salary deductions.
find out more
Syndicated Loan Term Sheet
A term sheet outlining key terms and conditions for a syndicated loan facility under Indonesian law and banking regulations.
find out more
Master Securities Loan Agreement
An Indonesian law-governed framework agreement for securities lending transactions between financial institutions, compliant with OJK regulations and capital market laws.
find out more
Intercreditor Deed
An Indonesian law-governed agreement establishing rights, priorities, and relationships between multiple creditors in a financing arrangement.
find out more
Co Financing Agreement
An Indonesian law-governed agreement establishing terms for multiple lenders to jointly provide financing to a borrower, detailing participation, security, and regulatory compliance requirements.
find out more
Litigation Funding Agreement
An agreement under Indonesian law governing third-party funding of legal proceedings, detailing funding terms, success fees, and proceed distribution.
find out more
Loan Agreement Between Lender And Borrower
Indonesian law-governed loan agreement establishing terms between lender and borrower, compliant with OJK regulations and Indonesian Civil Code.
find out more
Individual To Individual Loan Agreement
An Indonesian law-governed agreement establishing loan terms between two private individuals, including loan amount, interest, and repayment conditions.
find out more
Loan Participation Agreement
An Indonesian law-governed agreement establishing the terms for a financial institution's participation in a loan, including payment mechanisms and regulatory compliance requirements.
find out more
Loan For Use Agreement
Indonesian law-compliant Loan for Use Agreement template for temporary, gratuitous use of items, structured under KUHPer provisions.
find out more
Loan Agreement Term Sheet
A preliminary agreement under Indonesian law outlining key terms and conditions for a proposed loan facility, serving as the foundation for detailed loan documentation.
find out more
Loan Agreement Deed
An Indonesian law-governed notarial deed establishing the terms and conditions of a loan facility, with enhanced legal enforceability through notarization.
find out more
Lease Hire Agreement
An Indonesian law-governed Lease Hire Agreement establishing terms for asset leasing, compliant with local regulations and OJK requirements.
find out more
Co Borrower Loan Agreement
An Indonesian law-governed agreement establishing terms for multiple borrowers jointly responsible for a loan, compliant with OJK regulations and the Civil Code.
find out more
Bridge Loan Contract
An Indonesian law-governed temporary financing agreement providing interim funding until permanent financing is secured, compliant with local banking and security regulations.
find out more
Trade Finance Agreement
An Indonesian law-governed agreement establishing terms for trade finance facilities between financial institutions and trading companies, incorporating local regulatory requirements and international trade finance practices.
find out more
Short Term Loan Agreement
An Indonesian law-governed agreement establishing terms and conditions for a short-term loan between lender and borrower, including loan amount, interest, repayment terms, and security arrangements.
find out more
Real Estate Loan Agreement
An Indonesian law-governed agreement establishing terms and conditions for a property-backed loan, including security arrangements and regulatory compliance requirements.
find out more
Project Finance Contract
Indonesian law-governed project finance agreement structuring funding and security arrangements for large-scale infrastructure and development projects.
find out more
Personal Car Loan Agreement
An Indonesian law-governed agreement for vehicle financing between a financial institution and individual borrower, establishing loan terms and security arrangements.
find out more
Official Loan Agreement
An Indonesian law-governed agreement establishing formal lending terms between a financial institution and borrower, compliant with local banking regulations and OJK requirements.
find out more
Margin Loan Agreement
An Indonesian law-governed agreement establishing terms for margin lending facilities, secured by financial instruments as collateral and regulated by OJK.
find out more
Loan Agreement Between Spouses
An Indonesian law-compliant loan agreement template for married couples, incorporating relevant marriage law and civil code requirements.
find out more
Financing Contract Agreement
An Indonesian law-governed financing agreement establishing terms for credit facilities, including security arrangements and regulatory compliance requirements.
find out more
Financial Support Agreement
An Indonesian law-governed agreement establishing terms for financial support between parties, compliant with OJK regulations and Indonesian financial laws.
find out more
Financial Agreement Between Two Parties
Indonesian law-compliant financial agreement template establishing terms and conditions for financial arrangements between two parties.
find out more
Contract For Car Payments
An Indonesian law-governed agreement establishing terms and conditions for vehicle purchase payments, including financial obligations and ownership terms.
find out more
Car Finance Contract
An Indonesian law-governed agreement establishing terms and conditions for vehicle financing, compliant with OJK regulations and local financial services requirements.
find out more
Business Loan Contract
An Indonesian law-governed agreement establishing terms for business financing between a lender and business borrower, compliant with local banking regulations.
find out more
Bridge Facility Agreement
An Indonesian law-governed temporary financing arrangement providing interim funding pending permanent financing, compliant with Indonesian banking regulations and OJK requirements.
find out more
Bank Guarantee Agreement
An Indonesian law-governed agreement where a bank guarantees payment to a beneficiary upon the principal's default, subject to Indonesian banking regulations and OJK requirements.
find out more
Auto Finance Contract
An Indonesian law-governed vehicle financing agreement establishing terms and conditions for auto loans, compliant with OJK regulations.
find out more
Owner Financing Contract For Deed
An Indonesian law-governed agreement where the property seller finances the buyer's purchase, detailing payment terms and gradual ownership transfer conditions.
find out more
Inventory Loan Agreement
An Indonesian law-governed agreement establishing terms for temporary loan of inventory items between parties, including usage conditions and return provisions.
find out more
Commercial Finance Agreement
An Indonesian law-governed agreement establishing terms for commercial lending between financial institutions and corporate borrowers, compliant with OJK and Bank Indonesia regulations.
find out more
Medical Equipment Loan Agreement
An Indonesian law-governed agreement for the temporary loan of medical equipment, incorporating local healthcare regulations and safety standards.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)