A standard form promissory note under which a company (or more than one company) promises to pay an amount to a specified company or to the note's holder in due course.
A standard form promissory note under which a company (or more than one company) promises to pay an amount to a specified company or to the note's holder in due course.
This standard document contains integrated drafting notes and negotiating tips. For detailed information on legal issues that may arise when drafting a promissory note, see Practice note, Promissory notes: overview.