Common Contracts

2 similar null contracts

ABSTRACT
May 19th, 2020
  • Filed
    May 19th, 2020

A loan agreement requires collateral as warranty for repayment. The object bound as collateral in the Loan Agreement between PT. Bank Nationalnobu Tbk and PT. ITC Multifinance is a PPJB (Binding agreement for sale and purchase). The PPJB bound as collateral is the PPJB of Grand Kartini Apartment Units made between PT. Internusa Jaya Semesta as the developer and the buyer as referred to Article 10 of Loan Agreement of PT. Bank Nationalnobu Tbk and PT ITC Multifinance. This research was expected to be able to resolve the problems concerning the responsibilities of PT. Internusa Jaya Semesta as the developer in the PPJB in case of default, the legitimacy of the PPJB as collateral in the investment loan agreement between PT. Bank Nationalnobu Tbk and PT. ITC Multifinance, and the legal consequence and protection toward PT. Bank Nationalnobu Tbk if the developer cannot continue the construction of the apartment units when a force majeure event occurs after the loan signing.

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ABSTRACT
March 4th, 2017
  • Filed
    March 4th, 2017

A loan agreement requires collateral as warranty for repayment. The object bound as collateral in the Loan Agreement between PT. Bank Nationalnobu Tbk and PT. ITC Multifinance is a PPJB (Binding agreement for sale and purchase). The PPJB bound as collateral is the PPJB of Grand Kartini Apartment Units made between PT. Internusa Jaya Semesta as the developer and the buyer as referred to Article 10 of Loan Agreement of PT. Bank Nationalnobu Tbk and PT ITC Multifinance. This research was expected to be able to resolve the problems concerning the responsibilities of PT. Internusa Jaya Semesta as the developer in the PPJB in case of default, the legitimacy of the PPJB as collateral in the investment loan agreement between PT. Bank Nationalnobu Tbk and PT. ITC Multifinance, and the legal consequence and protection toward PT. Bank Nationalnobu Tbk if the developer cannot continue the construction of the apartment units when a force majeure event occurs after the loan signing.

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