51Ƶ

Common Terms Agreement for Indonesia

Common Terms Agreement Template for Indonesia

A Common Terms Agreement governed by Indonesian law that establishes the principal terms and conditions applicable across a suite of financing documents in a syndicated lending arrangement. The agreement consolidates common provisions such as representations, warranties, covenants, and events of default that apply to all finance documents, ensuring consistency and avoiding duplication. It complies with Indonesian civil law requirements, including the mandatory use of Bahasa Indonesia, and incorporates specific provisions required under Indonesian banking and security regulations. The document serves as the master agreement for complex financing transactions, particularly in project finance and large-scale corporate lending.

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.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Common Terms Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Common Terms Agreement?

The Common Terms Agreement serves as the cornerstone document in complex financing transactions under Indonesian law, typically used in syndicated loans, project finance, and large corporate financing arrangements. It consolidates the common terms that apply across all financing documents in the transaction, including representations, warranties, covenants, events of default, and boilerplate provisions. This agreement must comply with Indonesian legal requirements, including Law No. 24 of 2009 requiring the use of Bahasa Indonesia in contracts involving Indonesian entities, and various banking and investment regulations. The document is particularly crucial when multiple lenders and multiple finance documents are involved, as it provides a single point of reference for key terms and helps ensure consistency across the entire financing structure. It typically works in conjunction with other finance documents such as facility agreements, security documents, and intercreditor agreements.

What sections should be included in a Common Terms Agreement?

1. Parties: Identification of all parties to the agreement, including borrowers, lenders, facility agent, and security trustee

2. Background: Context of the agreement and relationship between the parties

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

4. The Facilities: Description of the credit facilities, their purpose, and conditions

5. Conditions Precedent: Conditions that must be satisfied before the agreement becomes effective

6. Representations and Warranties: Standard representations and warranties given by the borrower

7. Covenants: Financial and general covenants, including information covenants

8. Events of Default: Circumstances constituting default and their consequences

9. Changes to Parties: Provisions regarding transfers, assignments, and changes to the parties

10. Administration: Role and duties of the facility agent and payment mechanics

11. Costs and Expenses: Allocation of costs and expenses among parties

12. Indemnities: Scope and extent of indemnification obligations

13. Notices: Communication procedures and contact details

14. Calculations and Certificates: Rules for calculations and form of certificates

15. Governing Law and Enforcement: Choice of law and jurisdiction provisions

16. Entire Agreement: Integration clause and relationship with other finance documents

What sections are optional to include in a Common Terms Agreement?

1. Multiple Currencies: Provisions for handling multiple currencies, exchange rates, and currency conversions - used when the facility involves more than one currency

2. Regulatory Compliance: Specific provisions addressing compliance with particular regulatory regimes - included when specific regulatory frameworks apply

3. Islamic Finance Provisions: Specific provisions ensuring Shariah compliance - included when Islamic finance principles must be observed

4. Tax Gross-Up and Indemnities: Detailed tax provisions - included when cross-border elements or complex tax structures are involved

5. Increased Costs: Provisions dealing with regulatory changes affecting lenders' costs - included in longer-term facilities

6. Set-off Rights: Detailed set-off provisions - included when multiple financial relationships exist between parties

7. Bail-in Provisions: Provisions addressing bank resolution and bail-in requirements - included when EU/UK regulated banks are involved

What schedules should be included in a Common Terms Agreement?

1. Schedule 1 - The Original Parties: List of all original lenders, borrowers, and other parties with their details

2. Schedule 2 - Conditions Precedent: Detailed list of required conditions precedent documents

3. Schedule 3 - Repayment Schedule: Detailed repayment schedule if applicable

4. Schedule 4 - Form of Transfer Certificate: Standard form for transfers between lenders

5. Schedule 5 - Form of Compliance Certificate: Template for periodic compliance certification

6. Schedule 6 - Form of Accession Deed: Standard form for new parties joining the agreement

7. Schedule 7 - Form of Resignation Letter: Template for resignation of parties where permitted

8. Schedule 8 - Financial Covenants: Detailed financial covenant calculations and definitions

9. Appendix A - Facility Agent's Requirements: Administrative and operational requirements of the facility agent

10. Appendix B - Forms of Notices: Standard forms for various notices under the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions










































































Clauses















































Relevant Industries

Infrastructure

Energy

Mining

Oil & Gas

Manufacturing

Real Estate Development

Transportation

Telecommunications

Power Generation

Renewable Energy

Agriculture

Financial Services

Relevant Teams

Legal

Finance

Treasury

Compliance

Risk Management

Corporate Finance

Project Finance

Credit

Operations

Banking

Transaction Management

Relevant Roles

Chief Financial Officer

Finance Director

Treasury Manager

Legal Counsel

Corporate Lawyer

Finance Manager

Compliance Officer

Risk Manager

Project Finance Manager

Banking Relationship Manager

Loan Officer

Credit Risk Officer

Transaction Manager

Senior Corporate Counsel

Banking & Finance Partner

Facility Agent Representative

Security Trustee Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Nurse Practitioner Employment Contract

An Indonesian-law governed employment contract for nurse practitioners, addressing both standard employment terms and specialized healthcare practice requirements.

find out more

Non Compete Agreement Hiring Employees

An Indonesian law-governed agreement restricting an employee's post-employment competitive activities, balancing employer protection with employee rights.

find out more

Non Binding Contract

A non-binding contract under Indonesian law that outlines intended business arrangements while explicitly maintaining no legal obligations between parties.

find out more

Non Binding Agreement

An Indonesian law-compliant preliminary agreement outlining intended cooperation between parties while maintaining a non-binding status.

find out more

Business Agreement

An Indonesian law-governed agreement establishing business relationships between parties, incorporating local legal requirements and commercial terms.

find out more

Private Tenancy Agreement

An Indonesian law-governed agreement establishing terms and conditions for residential property rental between landlord and tenant.

find out more

Common Agreement

A fundamental contract template governed by Indonesian law, establishing binding obligations between parties while ensuring compliance with local legal requirements.

find out more

Professional Services Agreement

An Indonesian law-governed agreement establishing terms for professional services delivery, including scope, payment, and service provider obligations.

find out more

On Hire Labour Agreement

An Indonesian law-governed agreement establishing employment terms between a labor hire company, worker, and host company.

find out more

Written Agreement

A formal Written Agreement compliant with Indonesian law that establishes legally binding obligations between parties under Indonesian jurisdiction.

find out more

Simple Agreement

A basic contractual agreement template compliant with Indonesian law, designed for straightforward business arrangements.

find out more

Side Agreement

An Indonesian law-governed supplementary agreement that modifies or clarifies terms of an existing main agreement, requiring compliance with local language and legal requirements.

find out more

Official Employment Contract

Indonesian law-compliant employment contract establishing formal employment terms and conditions under Law No. 13 of 2003 (Manpower Law).

find out more

Non Hire Agreement

An Indonesian law-governed agreement preventing parties from hiring each other's employees, including specific restrictions and compliance with local labor laws.

find out more

Non Fixed Term Employment Contract

Indonesian law-governed permanent employment agreement establishing terms and conditions of employment in compliance with local labor laws.

find out more

Incorporation Agreement

An Indonesian law-governed agreement establishing a new company's structure, ownership, and governance framework under Law No. 40 of 2007.

find out more

Boilerplate Agreement

A standardized agreement template compliant with Indonesian law, providing essential contractual elements with bilingual provisions.

find out more

Amended Contract

An amended contract under Indonesian law that modifies existing contractual arrangements while ensuring compliance with local legal requirements.

find out more

Tooling Agreement

An Indonesian law-governed agreement establishing terms for industrial tooling supply, manufacture, or use, aligned with local industrial regulations and international standards.

find out more

Representation Agreement

An Indonesian law-governed agreement establishing and regulating the relationship between a principal company and its appointed representative, defining representation rights and obligations.

find out more

Provisional Agreement

An Indonesian law-compliant temporary contractual arrangement establishing interim rights and obligations between parties pending a permanent agreement or specific event completion.

find out more

Preliminary Agreement

An Indonesian law-governed preliminary agreement establishing framework terms for business negotiations and protecting parties' interests during discussion phase.

find out more

Offer Of Employment Contract

An Indonesian employment contract that establishes employment terms and conditions in compliance with Indonesian labor law.

find out more

Marketing Manager Employment Contract

An Indonesian law-compliant employment contract for Marketing Manager positions, outlining key terms, conditions, and responsibilities.

find out more

Common Terms Agreement

Indonesian law-governed Common Terms Agreement establishing principal terms for syndicated lending arrangements, incorporating mandatory local law requirements and banking regulations.

find out more

Nanny Employment Contract

An Indonesian law-compliant employment contract establishing terms and conditions for nanny services in private households.

find out more

Tenancy Contract

An Indonesian law-governed agreement establishing property rental terms and conditions between landlord and tenant, compliant with the Indonesian Civil Code and property regulations.

find out more

Preliminary Contract

An Indonesian law-governed pre-agreement document that establishes binding preliminary terms while parties negotiate a definitive agreement.

find out more

Catering Contract

An Indonesian law-governed catering services agreement establishing terms and conditions for food service provision while ensuring compliance with local regulations.

find out more

Lease Agreement

An Indonesian law-governed agreement establishing terms and conditions for property rental, defining rights and obligations of lessor and lessee.

find out more

Security Agreement Form

An Indonesian law-governed agreement creating security interests over assets to secure financial obligations, compliant with Indonesian security and fiduciary laws.

find out more

Business Cooperation Agreement

An Indonesian law-governed agreement establishing terms and conditions for business cooperation between multiple parties, ensuring regulatory compliance and mutual business interests.

find out more

Local Employment Contract

An Indonesian law-compliant employment agreement for hiring local employees, incorporating all mandatory provisions under Indonesian labor legislation.

find out more

Mutual Separation Agreement Employment

An Indonesian law-governed agreement documenting mutually agreed employment termination terms between employer and employee, including statutory entitlements and obligations.

find out more

Head Of Terms Agreement

A preliminary agreement under Indonesian law outlining key commercial terms and understanding between parties for a proposed transaction, serving as a framework for future definitive agreements.

find out more

New Employment Contract For Existing Employees

Indonesian law-governed employment contract template for updating terms with existing employees, compliant with current labor regulations.

find out more

Business Contract

An Indonesian law-governed business contract establishing commercial relationships between business entities, ensuring compliance with local regulations and commercial practices.

find out more

Work Agreement

An Indonesian law-compliant employment agreement establishing terms and conditions of employment, including statutory rights and obligations.

find out more

White Label Agreement

An Indonesian law-governed agreement establishing terms for manufacturing products under another company's brand name, including quality, IP rights, and regulatory compliance.

find out more

Volunteer Contract

An Indonesian law-governed agreement establishing the terms and conditions between an organization and a volunteer, ensuring compliance with local volunteer regulations.

find out more
See more related templates

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