��������Ƶ

The Master Receivables Purchase Agreement serves as a foundational document for establishing an ongoing receivables purchase program in Indonesia. It is typically used when a company seeks to monetize its receivables portfolio or establish a continuous financing arrangement through the sale of receivables. The agreement must comply with Indonesian financial regulations, including OJK requirements, currency laws, and civil code provisions regarding assignment of rights. It establishes the framework for multiple purchases over time, avoiding the need to negotiate separate agreements for each transaction. The document includes detailed provisions on eligibility criteria, purchase mechanics, servicing arrangements, and regulatory compliance, making it suitable for both domestic and cross-border receivables financing transactions within the Indonesian legal framework.

1. Parties: Identification of the Seller and Purchaser, including their complete legal names, registration numbers, and addresses

2. Background: Context of the agreement, describing the Seller's business, nature of receivables, and purpose of the purchase arrangement

3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and rules of interpretation

4. Sale and Purchase Structure: Framework for the ongoing purchase program, including offer and acceptance mechanism

5. Purchase Price and Payment Terms: Calculation of purchase price, payment mechanics, and timing of payments

6. Eligibility Criteria: Detailed criteria that receivables must meet to be eligible for purchase

7. Conditions Precedent: Conditions that must be satisfied before any purchase can occur

8. Representations and Warranties: Seller's representations about its corporate status, authority, and the receivables

9. Perfection Requirements: Requirements for legally perfecting the sale of receivables under Indonesian law

10. Servicing Provisions: Terms governing the servicing and collection of purchased receivables

11. Fees and Expenses: Allocation of costs and fees related to the purchase program

12. Events of Default: Circumstances constituting default and corresponding remedies

13. Termination: Grounds for termination and post-termination procedures

14. Confidentiality: Provisions governing confidential information

15. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for disputes

16. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability