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The Working Capital Loan Agreement is a fundamental financing document used when businesses require funding for their day-to-day operational needs under Indonesian law. This document is typically employed when a company seeks short-term financing to manage cash flow, inventory, or other operational expenses. It addresses key aspects including loan amount, drawdown mechanisms, interest calculations, repayment terms, and security arrangements, all while ensuring compliance with Indonesian banking regulations and financial services laws. The agreement is structured to protect both lender and borrower interests, incorporating necessary provisions for security, monitoring, and enforcement rights in accordance with Indonesian legal requirements. The document becomes particularly crucial in the Indonesian context where working capital financing plays a vital role in supporting business growth while navigating the specific requirements of the local regulatory framework.

1. Parties: Identifies and defines the Lender and Borrower with their complete legal names, registration numbers, and addresses

2. Background: Sets out the context of the loan facility and the parties' intention to enter into the agreement

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules of interpretation

4. Facility Amount and Purpose: Specifies the loan amount, currency, and permitted use of the working capital facility

5. Conditions Precedent: Lists the documents and conditions that must be satisfied before the facility becomes available

6. Drawdown: Details the process and requirements for requesting and receiving loan disbursements

7. Interest: Specifies interest rate, calculation method, payment dates, and default interest provisions

8. Repayment: Sets out the repayment schedule, method, and currency of repayment

9. Security: Details the security arrangements and collateral provided for the loan

10. Representations and Warranties: Lists the borrower's confirmations regarding their legal and financial status

11. Covenants: Sets out the borrower's ongoing obligations throughout the loan period

12. Events of Default: Defines circumstances that constitute default and the lender's remedies

13. Payments: Details payment mechanics, including account details and payment hierarchy

14. Costs and Expenses: Allocates responsibility for fees, taxes, and other costs

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

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

17. Execution: Formal signing section including witness requirements under Indonesian law