Promissory Notes Explained … Watch This!

This short video provides an overview of promissory notes and the terms that should be included in to make them enforceable and complete.

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Related Content

• Promissory Notes (Construction Loan)
  Read this practice note providing an overview of the use of promissory notes in a construction loan transaction.

• Promissory Notes (Acquisition Loan)
  Review this practice note discussing promissory notes in an acquisition loan. Acquisition loan promissory notes may provide for regularly scheduled payments of interest only or regularly scheduled payments for amortized principal and interest.

• Revolving Promissory Note (Credit Agreement)
  Use this template revolving promissory note for a credit agreement in a typical syndicated loan transaction. Promissory notes are not necessary in syndicated loan transactions, but certain lenders prefer physical evidence of their loans as an acknowledgment by the borrower of its obligation to repay that specific lender.

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