Letter from Secured Creditor to Borrower Demanding Payment [DATE, ex. Wednesday, January 28, 2011] [NAME, COMPANY AND ADDRESS, ex. Danny Graham ABC Bank 123 Lane Area 456 City, State, Pin Code] Dear [NAME, ex. Mr. Graham], This is a notice hereby given that [NAME OF THE BORROWER] has defaulted in … Read more
Credit Line Arrangement Variable Rate of Interest – Repayable On Demand REVOLVING CREDIT LINE [Document date] [Borrower name] [Borrower address] Dear Sir/Madam, Sub – Establishment of Revolving Credit Facility [Lender name], the lender is happy to propose to set up a revolving credit facility in the figure and on the … Read more
Promissory Note, Fixed Term, Variable Rate of Interest, Interest Only Until Maturity, Acceleration of Payment In The Event Of Default in Payment PROMISSORY NOTE – [Loan Amount] Due: [Loan Maturity Date] FOR VALUE RECEIVED, the undersigned, [Borrower name], the ‘Borrower’ hereby acknowledges itself grateful to [Lender name], the ‘Lender’, and swears to pay … Read more
Promissory Note, Payable on Demand, Variable Interest, Principal Payable on Maturity DEMAND PROMISSORY NOTE [Loan Amount] Due: ON DEMAND FOR VALUE RECEIVED, the undersigned, [borrower name], the ‘Borrower’, hereby acknowledges itself obliged to [Lender name], the ‘Lender’, and swears to pay ON DEMAND to the Lender or, … Read more
