Promissory Note, Payable on Demand, No Interest, Principal Payable on Maturity
DEMAND PROMISSORY NOTE –
[Loan Amount] Due: ON DEMAND
FOR VALUE RECEIVED, the undersigned, [name of the borrower], the ‘Borrower’, acknowledges itself obliged to [Lender name], the ‘Lender’ and pledges to pay ‘ON DEMAND’ to the Lender or, as otherwise directed by the lender in writing, the principal amount of $[loan amount] in legal money of [Currency of the USA] without any interest.
The Lender may allocate all of its right, title and interest in, to and as part of this promissory note. All the payments to be made hereunder shall be made by the Borrower without any right of set-off or accusation.
Dated: [document date]
………………………………………….. ………………………………………….
Witness Seller Name
It is very important to keep a close eye on the terms and conditions with…
If you are not able to pay your creditors then you can always write a…
In order to have businesses work smooth and easy, it is very important to have…
Whenever a company launches a new product, it is important that they inform or notify…
It is truly an honor if you have been invited at some business event as…
Debts are something that no one likes and if you are not able to pay…
This website uses cookies.