Demand Promissory Note Bank As Lender

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Are you looking for a professional Sample Demand Promissory Note with the Bank as Lender? Download this Promissory Note template now!

Do you have an idea of what you want to draft, but you cannot find the exact words yet to write it down or lack the inspiration how to make it? If you've been feeling stuck, this Sample Demand Promissory Note template can help you find inspiration and motivation. This Sample Demand Promissory Note covers the most important topics that you are looking for and will help you to structure and communicate in a professional manner with those involved. 

DEMAND PROMISSORY NOTE AMOUNT LOCATION OF CLOSING , 20 FOR VALUE RECEIVED, NAME OF BORROWER , a corporation (the “Maker”) promises to pay to the order of NAME OF LENDER , a corporation (the , payable ON WRITTEN DEMAND, together with “Lender”), the principal sum of interest, in arrears, from the date hereof on the unpaid balance from time to time outstanding and on all unpaid installments of interest, whether before or after the maturity of or default under this Note, at a rate equal to greater than the floating rate of interest per annum designated from time to time by the Lender as being its “prime rate” of interest per annum (the “Prime Rate”) .. All provisions of this Note are expressly subject to the condition that in no event, whether by reason of acceleration of maturity of the indebtedness evidenced hereby or otherwise, shall the amount paid or agreed to be paid to the Lender hereunder and deemed interest under applicable law exceed the maximum rate of interest (the “Maximum Allowable Rate”) on the unpaid principal balance of this Note allowed by applicable law, as amended from time to time..

Feel free to download this Demand Promissory Note Bank As Lender template that is available in several kinds of formats, or try any other of our basic or advanced templates, forms or documents. Don't reinvent the wheel every time you start something new... 

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