The Permanent Loan Agreement serves as a crucial legal instrument in Indonesian jurisdiction for situations where items of value need to be transferred into someone else's possession for an indefinite period while maintaining the original ownership structure. This document type is commonly used by museums, cultural institutions, and private collectors in Indonesia when arranging long-term loans of artifacts, artworks, or historical items. The agreement must comply with Indonesian Civil Code requirements and includes detailed provisions for care, maintenance, insurance, and usage rights. It differs from a standard loan agreement in its permanent nature and requires careful consideration of long-term preservation and access rights. The document typically includes comprehensive schedules detailing item conditions, maintenance requirements, and insurance specifications, all structured to meet Indonesian legal requirements while protecting both the lender's ownership rights and the borrower's possessory interests.
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: Identification of the Lender and Borrower with complete legal names and addresses
2. Background: Context of the agreement, relationship between parties, and purpose of the permanent loan
3. Definitions: Definitions of key terms used throughout the agreement
4. Loan Details: Description of the loaned item(s), including specific identification, condition, and value
5. Term and Permanency: Clarification of the permanent nature of the loan and any conditions that would trigger return
6. Ownership and Title: Clear statement regarding retention of ownership by the lender despite permanent possession by borrower
7. Care and Maintenance: Borrower's obligations regarding maintenance, preservation, and care of the loaned item(s)
8. Insurance and Risk: Requirements for insurance coverage and allocation of risk for damage or loss
9. Use Restrictions: Limitations on how the borrowed item(s) may be used, displayed, or maintained
10. Representations and Warranties: Statements of fact and promises made by both parties
11. Termination: Circumstances under which the permanent loan may be recalled or terminated
12. Governing Law: Specification of Indonesian law as governing law and jurisdiction
13. General Provisions: Standard contractual provisions including notices, amendments, and severability
1. Display Requirements: Specific requirements for display or storage of items (particularly relevant for artwork or cultural artifacts)
2. Academic Access: Provisions for academic or research access to the loaned items (relevant for cultural or scientific specimens)
3. Cultural Significance: Special provisions regarding cultural or historical significance of the items (relevant for heritage items)
4. Transportation: Requirements for moving or relocating the loaned items
5. Conservation Requirements: Specific conservation or preservation requirements (relevant for delicate or historical items)
6. Security Measures: Special security requirements for valuable items
7. Reproduction Rights: Terms regarding rights to photograph, copy, or reproduce the loaned items
8. Attribution Requirements: Requirements for crediting the lender in displays or publications
1. Schedule 1 - Item Description: Detailed description and condition report of all loaned items
2. Schedule 2 - Maintenance Requirements: Specific maintenance and care procedures for the loaned items
3. Schedule 3 - Insurance Requirements: Detailed insurance specifications and coverage requirements
4. Schedule 4 - Authorized Personnel: List of personnel authorized to handle or maintain the loaned items
5. Appendix A - Photographs: Photographic documentation of items at time of loan
6. Appendix B - Valuation Certificates: Professional valuation certificates for the loaned items
7. Appendix C - Conservation Reports: Historical conservation reports and recommended future conservation measures
8. Appendix D - Required Forms: Any government or institutional forms required under Indonesian law
Relevant legal definitions
Clauses
Relevant Industries
Arts and Culture
Education
Heritage Conservation
Museum and Galleries
Research and Development
Public Sector
Non-Profit
Library Services
Cultural Tourism
Academic Research
Relevant Teams
Legal
Collections Management
Conservation
Cultural Affairs
Asset Management
Institutional Relations
Registration
Archives
Preservation
Curatorial
Relevant Roles
Museum Director
Curator
Collections Manager
Cultural Heritage Officer
Legal Counsel
Conservation Officer
Archives Manager
Gallery Director
Registrar
Asset Manager
Research Director
Institutional Partnership Manager
Cultural Affairs Officer
Collections Coordinator
Preservation Specialist
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.
Download
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.
Download
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.
Download
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.
Download
Employees Loan Agreement
An Indonesian law-governed agreement establishing terms for an employer-provided loan to an employee, including repayment through salary deductions.
Download
Syndicated Loan Term Sheet
A term sheet outlining key terms and conditions for a syndicated loan facility under Indonesian law and banking regulations.
Download
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.
Download
Intercreditor Deed
An Indonesian law-governed agreement establishing rights, priorities, and relationships between multiple creditors in a financing arrangement.
Download
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.
Download
Litigation Funding Agreement
An agreement under Indonesian law governing third-party funding of legal proceedings, detailing funding terms, success fees, and proceed distribution.
Download
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.
Download
Individual To Individual Loan Agreement
An Indonesian law-governed agreement establishing loan terms between two private individuals, including loan amount, interest, and repayment conditions.
Download
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.
Download
Loan For Use Agreement
Indonesian law-compliant Loan for Use Agreement template for temporary, gratuitous use of items, structured under KUHPer provisions.
Download
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.
Download
Loan Agreement Deed
An Indonesian law-governed notarial deed establishing the terms and conditions of a loan facility, with enhanced legal enforceability through notarization.
Download
Lease Hire Agreement
An Indonesian law-governed Lease Hire Agreement establishing terms for asset leasing, compliant with local regulations and OJK requirements.
Download
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.
Download
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.
Download
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.
Download
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.
Download
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.
Download
Project Finance Contract
Indonesian law-governed project finance agreement structuring funding and security arrangements for large-scale infrastructure and development projects.
Download
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.
Download
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.
Download
Margin Loan Agreement
An Indonesian law-governed agreement establishing terms for margin lending facilities, secured by financial instruments as collateral and regulated by OJK.
Download
Loan Agreement Between Spouses
An Indonesian law-compliant loan agreement template for married couples, incorporating relevant marriage law and civil code requirements.
Download
Financing Contract Agreement
An Indonesian law-governed financing agreement establishing terms for credit facilities, including security arrangements and regulatory compliance requirements.
Download
Financial Support Agreement
An Indonesian law-governed agreement establishing terms for financial support between parties, compliant with OJK regulations and Indonesian financial laws.
Download
Financial Agreement Between Two Parties
Indonesian law-compliant financial agreement template establishing terms and conditions for financial arrangements between two parties.
Download
Contract For Car Payments
An Indonesian law-governed agreement establishing terms and conditions for vehicle purchase payments, including financial obligations and ownership terms.
Download
Car Finance Contract
An Indonesian law-governed agreement establishing terms and conditions for vehicle financing, compliant with OJK regulations and local financial services requirements.
Download
Business Loan Contract
An Indonesian law-governed agreement establishing terms for business financing between a lender and business borrower, compliant with local banking regulations.
Download
Bridge Facility Agreement
An Indonesian law-governed temporary financing arrangement providing interim funding pending permanent financing, compliant with Indonesian banking regulations and OJK requirements.
Download
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.
Download
Auto Finance Contract
An Indonesian law-governed vehicle financing agreement establishing terms and conditions for auto loans, compliant with OJK regulations.
Download
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.
Download
Inventory Loan Agreement
An Indonesian law-governed agreement establishing terms for temporary loan of inventory items between parties, including usage conditions and return provisions.
Download
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.
Download
Medical Equipment Loan Agreement
An Indonesian law-governed agreement for the temporary loan of medical equipment, incorporating local healthcare regulations and safety standards.
Download
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)