Common Contracts

1 similar Promissory Note and Security Agreement contracts

PROMISSORY NOTE AND SECURITY AGREEMENT AMENDMENT
Promissory Note and Security Agreement • April 27th, 2021 • British Columbia

FOR VALUE RECEIVED, Aduro Energy Inc., an Ontario company having a business office at Suite 104, 1086 Modeland Road, Sarnia, Ontario Canada N7S 6L2 (the “Borrower”) unconditionally promises to pay on Maturity to the order of Dimension Five Technologies Inc., an British Columbia corporation with an address at Suite 1450 – 789 West Pender Street, Vancouver, British Columbia V6C 1H2 (the “Lender”) at Vancouver, British Columbia, or such other place as directed by the Lender to the Borrower in writing, the principal sum of two hundred fifty thousand dollars ($250,000.00) in lawful money of Canada (the “Loan”) together with all other amounts payable as set out in this Note including interest computed on the basis of a 365 day year on the principal sum of the Loan at the Interest Rate, calculated semi‐ annually, not in advance, as well after as before maturity, default and judgment and on overdue interest, as follows.

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