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The Loan With Collateral Agreement is a crucial document in Indonesian secured lending practice, used when a lender provides financing against specific assets pledged as security. This document is essential for both commercial and retail lending transactions where the lender requires security interest in the borrower's assets as protection against default. The agreement must comply with Indonesian secured transaction laws, including Law No. 42 of 1999 on Fiduciary Security and Law No. 4 of 1996 on Mortgage Rights for land-based collateral. It combines standard loan documentation with specific security arrangements, incorporating mandatory provisions required by Indonesian banking regulations and OJK guidelines. The document is particularly important for risk management in lending operations and provides a clear framework for enforcement in case of default.

1. Parties: Identifies and provides full details of the lender and borrower, including registration numbers for companies

2. Background: Outlines the context of the loan agreement and the intention to secure it with collateral

3. Definitions: Defines key terms used throughout the agreement

4. Loan Amount and Purpose: Specifies the principal amount, currency, and permitted use of the loan funds

5. Interest and Fees: Details the interest rate, calculation method, and any applicable fees

6. Collateral: Describes the assets provided as security and the nature of the security interest

7. Representations and Warranties: States the facts and assurances provided by the borrower regarding their status and the collateral

8. Drawdown Conditions: Lists the conditions that must be met before the loan can be disbursed

9. Repayment Terms: Specifies the repayment schedule, method, and prepayment provisions

10. Covenants: Lists the ongoing obligations of the borrower during the loan term

11. Events of Default: Defines circumstances that constitute default and trigger enforcement rights

12. Enforcement Rights: Details the lender's rights and remedies in case of default

13. Notices: Specifies how formal communications between parties should be made

14. Governing Law and Jurisdiction: Confirms Indonesian law as governing law and specifies jurisdiction for disputes

15. Miscellaneous: Contains standard boilerplate provisions including amendments, severability, and entire agreement