The Advance Purchase Agreement is a crucial commercial document used in Indonesian business transactions where advance payments are required before the delivery of goods or services. This agreement type is particularly relevant in scenarios involving manufacturing lead times, custom-made products, or large-scale procurement where suppliers require upfront funding. The document addresses key aspects required under Indonesian law, including the Civil Code (Kitab Undang-undang Hukum Perdata) and Trade Law (Undang-Undang Perdagangan), while incorporating necessary protections for advance payments through bank guarantees or other security instruments. It is commonly used in both domestic and international trade contexts, requiring careful consideration of Indonesian regulatory requirements, payment security mechanisms, and dispute resolution procedures.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the buyer and seller, including their complete legal names, registration numbers, and addresses
2. Background: Context of the agreement, relationship between parties, and general purpose of the advance purchase arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including technical terms and specific terminology related to the advance purchase arrangement
4. Scope of Supply: Detailed description of goods/services to be supplied under the agreement
5. Advance Payment Terms: Details of the advance payment amount, payment schedule, and payment mechanics
6. Delivery Terms: Specifications for delivery timing, location, and conditions
7. Price and Payment Structure: Complete pricing details, payment schedule, and payment methods
8. Security and Guarantees: Requirements for advance payment guarantees, performance bonds, or other security instruments
9. Quality Requirements: Quality standards, specifications, and acceptance criteria
10. Title and Risk: Transfer of ownership and risk allocation between parties
11. Warranties and Representations: Standard warranties regarding capacity, authority, and product quality
12. Termination: Grounds for termination and consequences of early termination
13. Force Majeure: Events constituting force majeure and their consequences
14. Governing Law and Dispute Resolution: Specification of Indonesian law as governing law and dispute resolution mechanisms
15. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement
1. Intellectual Property Rights: Required when the goods involve intellectual property or technology transfer
2. Confidentiality: Needed when sensitive information will be exchanged during the contract period
3. Insurance: Required for high-value goods or when specific risks need to be insured
4. Export/Import Requirements: Necessary for international transactions or goods requiring special permits
5. Local Content Requirements: Required when dealing with regulated industries or government contracts in Indonesia
6. Bank Guarantee Provisions: Needed when specific banking instruments are required for security
7. Step-In Rights: Required for complex projects where buyer may need to take over certain aspects
8. Anti-Corruption Compliance: Required for international transactions or high-value contracts
9. Environmental Compliance: Necessary when dealing with goods or services with environmental impact
1. Technical Specifications: Detailed technical requirements and specifications of goods/services
2. Payment Schedule: Detailed breakdown of payment milestones and amounts
3. Delivery Schedule: Detailed timeline for deliveries and milestones
4. Form of Advance Payment Guarantee: Template for the required advance payment guarantee
5. Quality Control Procedures: Detailed procedures for quality inspection and acceptance
6. Performance Specifications: Performance requirements and testing procedures
7. Key Personnel: List of key personnel from both parties responsible for contract implementation
8. Required Permits and Licenses: List of regulatory approvals needed for contract performance
Find the exact document you need
Selling A Car Letter Agreement
An Indonesian law-compliant document outlining terms and conditions for vehicle sale and purchase, including ownership transfer and payment terms.
Download
Agreement For Sale Of Property
An Indonesian law-governed agreement documenting the legal transfer of property ownership between seller and purchaser, including all essential transaction terms and regulatory requirements.
Download
Buyers Contract
An Indonesian law-governed Buyer's Contract establishing terms and conditions for purchase of goods or services, ensuring compliance with local regulations.
Download
Exclusive Buyer Agreement
An Indonesian law-governed agreement establishing exclusive buying rights and obligations between two parties, defining territorial scope and purchase commitments.
Download
Purchase Sale Agreement (Real Estate)
An Indonesian law-governed agreement for the sale and purchase of real estate property, ensuring legal transfer of ownership and compliance with local property regulations.
Download
Discount Agreement
An Indonesian law-governed agreement establishing discount terms and conditions between business entities, including discount structures, qualifying criteria, and compliance requirements.
Download
Investment Agreement Between Individual And Individual
An Indonesian law-governed agreement establishing investment terms between two private individuals, including investment amount, returns, rights, and obligations.
Download
Letter Of Intent To Purchase Commercial (Real Estate)
A preliminary document outlining proposed terms for commercial property purchase in Indonesia, setting framework for negotiations under Indonesian law.
Download
Binding Purchase Agreement
An Indonesian law-governed agreement that formalizes the terms and conditions of a purchase transaction between buyer and seller.
Download
Equity Investment Contract
An Indonesian-law governed agreement documenting equity investment terms and conditions, including shareholding details and investor rights under Indonesian corporate and investment regulations.
Download
Letter Of Intent To Purchase Goods
A preliminary document under Indonesian law expressing a buyer's intention to purchase specified goods, outlining key terms and conditions for the proposed transaction.
Download
Heavy Equipment Purchase Agreement
An Indonesian law-governed agreement for the purchase of heavy equipment, detailing specifications, pricing, warranties, and compliance requirements.
Download
Car Lease To Own Agreement
An Indonesian law-compliant agreement combining vehicle leasing with a pathway to ownership through structured payments.
Download
Auto Purchase Agreement
An Indonesian law-governed agreement for the sale and purchase of motor vehicles, detailing terms, conditions, and ownership transfer requirements.
Download
Business Sale Contract
An Indonesian law-governed agreement for the sale and purchase of a business, including terms for transfer of ownership, assets, and liabilities.
Download
Public Offer Agreement
An Indonesian law-governed agreement setting out terms and conditions for public offers to consumers, compliant with local consumer protection and civil code requirements.
Download
Buyback Agreement
An Indonesian law-governed agreement setting out terms for the repurchase of assets, shares, or securities from their current owner by the original seller.
Download
Option To Buy Agreement
An Indonesian law-governed agreement granting exclusive rights to purchase specific property at preset terms within a defined period.
Download
Online Shopping Agreement
An Indonesian-law governed agreement for e-commerce platforms and online retailers, establishing terms and conditions for online shopping transactions.
Download
Lease Agreement With Option To Purchase
An Indonesian law-governed agreement combining property lease terms with an option for the tenant to purchase the property under specified conditions.
Download
Home For Sale By Owner Contract
An Indonesian law-governed agreement for direct property sales between private owners and buyers, ensuring compliant property transfer and protecting both parties' interests.
Download
Conditional Purchase Agreement
An Indonesian law-governed agreement establishing terms for a purchase transaction subject to specific conditions, compliant with Indonesian Civil Code requirements.
Download
Auto Purchase Contract
An Indonesian law-compliant contract for the purchase and sale of motor vehicles, including terms, conditions, and ownership transfer requirements.
Download
Agreement For Advance Payment For Purchase Of Goods
Indonesian law-compliant agreement template for managing advance payment arrangements in goods purchase transactions, incorporating key local commercial regulations and security provisions.
Download
Purchase Agreement Extension
An Indonesian law-governed document extending an existing purchase agreement, updating terms and conditions while ensuring regulatory compliance.
Download
Cross Purchase Agreement
An Indonesian law-governed agreement establishing terms for shareholders to purchase shares from other shareholders under specified conditions.
Download
Contract For Selling A House By Owner
An Indonesian law-compliant agreement for direct property sale between owner and buyer, covering all essential aspects of house sale and transfer of ownership.
Download
Purchasers Agreement
An Indonesian law-governed agreement establishing terms and conditions for purchase transactions, ensuring compliance with local regulations while protecting both buyer and seller interests.
Download
Gold Purchase Agreement
An Indonesian law-governed agreement establishing terms and conditions for gold purchase and sale, including quality specifications, pricing, and regulatory compliance requirements.
Download
Art Purchase Agreement
An Indonesian law-governed agreement for the purchase and sale of artwork, ensuring legal compliance while protecting both buyer's and seller's interests.
Download
Token Purchase Agreement
An Indonesian law-governed agreement for the sale and purchase of digital tokens, ensuring regulatory compliance with Indonesian digital asset regulations.
Download
Co Purchase Agreement
An Indonesian law-governed agreement establishing terms and conditions for multiple parties to jointly purchase and own an asset, defining rights, obligations, and management responsibilities.
Download
Real Estate Option To Purchase Agreement
An Indonesian law-compliant agreement granting exclusive rights to purchase specified real estate property within a set timeframe and predetermined terms.
Download
General Purchase Agreement
An Indonesian law-governed agreement setting out terms and conditions for commercial purchases, compliant with local regulations and the Civil Code.
Download
Price Purchase Agreement
An Indonesian law-governed agreement setting out purchase price terms, payment mechanisms, and completion requirements for commercial transactions.
Download
Goods Purchase Agreement
An Indonesian law-governed agreement for the purchase and sale of goods between commercial entities, incorporating local regulatory requirements and commercial terms.
Download
Pre Purchase Agreement
An Indonesian law-governed agreement setting out terms and conditions for a future purchase transaction, including payment terms and delivery arrangements.
Download
Product Purchase Agreement
An Indonesian law-governed agreement setting out terms for commercial product purchases, including specifications, pricing, delivery, and warranties.
Download
Letter Of Intent To Purchase Shares
An Indonesian law-governed preliminary document outlining the proposed terms for share acquisition in an Indonesian company.
Download
Building Purchase Agreement
An Indonesian law-compliant agreement for the purchase and transfer of building ownership, requiring execution before authorized officials and adherence to local property regulations.
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)