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The Revolving Line of Credit Agreement is a fundamental financing document used in Indonesian banking transactions when a borrower requires flexible access to funding over an extended period. This agreement is particularly relevant in situations where businesses need ongoing working capital or require periodic access to funds for operational needs. The document must comply with Indonesian banking regulations, including Law No. 10 of 1998 on Banking and various OJK regulations. It establishes the framework for multiple drawdowns and repayments, interest calculations, security arrangements, and borrower obligations. The agreement is structured to protect both lender and borrower interests while ensuring compliance with Indonesian financial services regulations, anti-money laundering requirements, and civil law principles.

1. Parties: Identification of the lender (banking institution) and borrower, including their complete legal names, registration numbers, and addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the credit facility

3. Definitions: Detailed definitions of terms used throughout the agreement, including financial terms and technical banking terminology

4. Facility Details: Specifics of the credit facility including amount, purpose, availability period, and revolving nature

5. Interest and Fees: Interest rate calculation, payment terms, commitment fees, and other applicable charges

6. Drawdown Mechanics: Procedures and conditions for requesting and receiving drawdowns under the facility

7. Repayment Terms: Details of repayment obligations, including payment schedules and prepayment provisions

8. Conditions Precedent: Prerequisites that must be satisfied before the facility becomes available

9. Representations and Warranties: Statements of fact and assurances given by the borrower

10. Covenants: Positive and negative obligations of the borrower during the facility period

11. Events of Default: Circumstances that constitute default and their consequences

12. Security: Overview of security arrangements and cross-references to security documents

13. Payments and Calculations: Mechanics of payments, calculation periods, and payment hierarchies

14. Changes to Parties: Rules regarding assignment, transfer, and delegation of rights and obligations

15. Administration: Administrative provisions including notices, amendments, and communications

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