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1. Parties: Identifies the lender and borrower with their complete legal names, registration numbers, addresses, and authorized representatives
2. Background: Recitals explaining the original loan agreement details, reason for extension, and current status of the loan
3. Definitions: Defines key terms used in the agreement, including references to defined terms in the original loan agreement
4. Extension of Loan Term: Clearly states the new maturity date and confirms the extension of the loan term
5. Confirmation of Outstanding Amount: States and confirms the current outstanding principal, accrued interest, and any other amounts due
6. Continuation of Original Terms: Confirms that all other terms and conditions of the original loan agreement remain in full force and effect
7. Representations and Warranties: Updated representations from the borrower regarding their financial condition and ability to repay
8. Conditions Precedent: Lists conditions that must be satisfied before the extension becomes effective
9. Governing Law: Confirms Indonesian law as governing law and jurisdiction for disputes
10. Execution: Signature blocks and execution requirements complying with Indonesian law
1. Amendment to Interest Rate: Include if there are any changes to the interest rate as part of the extension
2. Modification of Payment Schedule: Include if the payment schedule or installment amounts are being modified
3. Additional Security: Include if new security or guarantees are being added as part of the extension
4. Waiver of Defaults: Include if any existing defaults are being waived as part of the extension
5. Extension Fee: Include if there is a fee charged for the extension
6. Tax Provisions: Include if there are specific tax implications or requirements for the extension
7. Currency Provisions: Include for loans in foreign currency requiring specific exchange rate provisions
1. Schedule 1 - Original Loan Agreement: Copy or summary of the original loan agreement being extended
2. Schedule 2 - Updated Repayment Schedule: Detailed schedule of repayment dates and amounts under the extended term
3. Schedule 3 - Conditions Precedent Documents: List of all documents required to be delivered before the extension becomes effective
4. Schedule 4 - Security Documents: List and copies of existing and/or new security documents
5. Appendix A - Corporate Authorizations: Copies of corporate approvals and authorizations for the extension
6. Appendix B - Calculation of Outstanding Amounts: Detailed calculation of outstanding principal, interest, and other amounts as of the extension date
Banking & Financial Services
Corporate Lending
Real Estate & Property
Manufacturing
Infrastructure & Construction
Agriculture
Mining & Resources
Retail & Commercial
Technology & Telecommunications
Healthcare
Education
Legal
Finance
Treasury
Compliance
Risk Management
Credit
Corporate Banking
Operations
Company Secretarial
Loan Administration
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Lawyer
Compliance Officer
Credit Risk Manager
Relationship Manager
Loan Officer
Banking Operations Manager
Financial Controller
Corporate Secretary
Risk Management Officer
Credit Analyst
Account Manager
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