Demand Note Sample Contracts

Amended and Restated Demand Note (October 30th, 2018)

This Note shall bear interest (computed on an Actual/360 Day Basis) on the unpaid principal balance outstanding hereunder from time to time, until payment in full, at a floating interest rate equal to one and one-half percent (1.5%) (150 basis points) in excess of the LIBOR-Based Rate.

Second Amended and Restated Demand Note (October 30th, 2018)

This Note amends and restates, and is given in replacement of, and not in payment of, that certain Amended and Restated Demand Note, dated as of March 22, 2018 (the "Existing Note"), given by Hibbett Sports, Inc., a Delaware corporation (the "Parent Borrower") and each of the other Borrowers identified therein, in favor of the Lender and is in no way intended, and shall not be deemed or construed, to constitute a novation of the Existing Note.

Endurance Exploration Group, Inc. – Demand Note (April 4th, 2018)

ENDURANCE EXPLORATION GROUP, INC., (the "Borrower"), a corporation organized and existing under the laws of the State of Nevada, with its principal place of business located at:

Bionik Laboratories Corp. – Allonge to Demand Note (December 14th, 2017)

Allonge to that certain Demand Note in the principal amount of $25,000.00, dated January 25, 2013, as amended pursuant to that Amendment to Demand Note dated March 1, 2016 (the "Amendment") attached hereto as Exhibit 1 and made a part hereof, from Interactive Motion Technologies, Inc. (now known as Bionik, Inc.), as Maker, to the order of Neville Hogan, as Holder ("Allonge").

Bionik Laboratories Corp. – Allonge to Demand Note (December 14th, 2017)

Allonge to that certain Demand Note in the principal amount of $25,000.00, dated January 23, 2013, as amended pursuant to that Amendment to Demand Note dated March 1, 2016 (the "Amendment") attached hereto as Exhibit 1 and made a part hereof, from Interactive Motion Technologies, Inc. (now known as Bionik, Inc.), as Maker, to the order of Neville Hogan, as Holder ("Allonge").

This Dominion Energy Reliability Investment Plan (The Plan) Is Established by Dominion Energy, Inc. (The Company) as of November 2, 2017. The Plan Was Established to Provide Eligible Investors With a Convenient Means of Making Investments in Variable Denomination Floating Rate Demand Notes of the Company. As Hereinafter Used: Application Shall Have the Meaning Set Forth in Paragraph IV Hereof. Agent Bank Shall Have the Meaning Set Forth in Paragraph IX Hereof. Business Day Shall Mean Any Day Other Than a Saturday or a Sunday or a Day on Which the Agent Bank Is Authorized or Obligated by Law to (November 2nd, 2017)
DOMINION ENERGY, INC., Issuer AND DEUTSCHE BANK TRUST COMPANY AMERICAS Trustee Indenture Dated as of November 1, 2017 Variable Denomination Floating Rate Demand Notes (November 2nd, 2017)
Emperor Paper Industries Ltd – Demand Note (August 17th, 2017)

FOR VALUE RECEIVED the undersigned EMPEROR PAPER INDUSTRIES LTD. ("payer"), promises to pay to the order of Rajan Ahluwalia ("holder") of Edmonton, Alberta, on demand the principal amount of Three thousand one hundred seventy five dollars (USO currency) with zero% interest on the unpaid principal amount from April 30, 2017 on Demand.

Bionik Laboratories Corp. – Demand Note (June 29th, 2017)

AND:Interactive Motion Technologies Inc. (the "borrower"), a corporation organized and existing under the laws of the state of Massachusetts, with its head office located at: 80 Coolidge Hill Road, Watertown, MA 02472

Bionik Laboratories Corp. – Amendment to Demand Note (June 29th, 2017)

THIS AMENDMENT TO DEMAND NOTE (this "Amendment") is by and between HERMANO IGO KREBS (the "Lender") and INTERACTIVE MOTION TECHNOLOGIES INC., a Massachusetts corporation (the "Borrower").

Bionik Laboratories Corp. – Amendment to Demand Note (June 29th, 2017)

THIS AMENDMENT TO DEMAND NOTE (this "Amendment") is by and between NEVILLE HOGAN (the "Lender") and INTERACTIVE MOTION TECHNOLOGIES INC., a Massachusetts corporation (the "Borrower").

Bionik Laboratories Corp. – Amendment to Demand Note (June 29th, 2017)

THIS AMENDMENT TO DEMAND NOTE (this "Amendment") is by and between RODOLFO ROHR (the "Lender") and INTERACTIVE MOTION TECHNOLOGIES INC., a Massachusetts corporation (the "Borrower").

Bionik Laboratories Corp. – Demand Note (June 29th, 2017)

This Demand Note Payable on Demand (the "Note") is made and effective the Upon cashing check number 1327 from account number 009485843217 in the amount of $50,000.00 dated for 8-8-11.

Bionik Laboratories Corp. – Demand Note (June 29th, 2017)

This Demand Note Payable on Demand (the "Note") is made and effective upon cashing check number 104 from account number 3777877238 in the amount of $75,000.00 dated for December 12, 2011.

BorrowMoney.com, Inc. – DEMAND NOTE Date: March 1, 2017 (May 19th, 2017)

On demand, BorrowMoney.com, a Florida company, for value received, promises to pay to the order of Aldo Piscitello, whose address is 9935 Shore Road, Unit 6C, Brooklyn, NY 11209, the sum of Six Thousand Five Hundred Dollars ($6,500.00) together with interest thereon from the date hereof until paid at the rate of 0% per annum.

BorrowMoney.com, Inc. – Date: March 1, 2017 on Demand, BorrowMoney.com, a Florida Company, for Value Received, Promises to Pay to the Order of Aldo Piscitello, Whose Address Is 9935 Shore Road, Unit 6C, Brooklyn, NY 11209, the Sum of FOUR THOUSAND Dollars ($4000.00) Together With Interest Thereon From the Date Hereof Until Paid at the Rate of 0% Per Annum. In the Event This Note Is Not Paid When Due, the Undersigned Shall Pay All Attorney's Fees and Reasonable Costs of Collection. NOTICE TO BORROWER: THIS IS a DEMAND NOTE AND SO MAY BE COLLECTED BY THE LENDER AT ANY TIME. BorrowMoney.com, Inc., a New York Corporation (May 11th, 2017)
Promissory Demand Note #1 (December 8th, 2016)

InnSuites Hospitality Trust and its subsidiary RRF Limited Partnership (the "Borrower") promises to pay to the order of H.W. Hayes Trust (the "Lender") the sum of One Hundred Thousand Dollars ($100,000.00), together with interest thereon at the rate of 7.0% per annum on the unpaid balance.

Citius Pharmaceuticals, Inc. – Demand Note (October 26th, 2016)

FOR VALUE RECEIVED, the undersigned, Citius Pharmaceuticals, Inc. (the "Company"), hereby promises to pay to Leonard Mazur, or registered assigns (the "Lender"), on the Maturity Date (as hereafter defined), such principal sum of $500,000.00.

SilverSun Technologies, Inc. – Revolving Demand Note (August 1st, 2016)

For value received, the undersigned SWK Technologies, Inc., a Delaware corporation, with an address of 6834 Buckley Road, North Syracuse, New York 13212 (the "Borrower"), promises to pay to the order of , a New York banking corporation with an address of (together with its successors and assigns, the "Bank"), ON DEMAND, the principal amount of One Million Dollars and Zero Cents ($1,000,000.00) or, if less, such amount as may be the aggregate unpaid principal amount of all loans or advances made by the Bank to the Borrower pursuant hereto, together with interest from the date hereof on the unpaid principal balance from time to time outstanding until paid in full. The aggregate principal balance outstanding shall bear interest thereon at a per annum rate equal to Ninety-Five Hundredths Percent (0.95%) above the Prime Rate (as hereinafter defined). All accrued and unpaid interest shall be payable month

Metro Media Holding Corp – Revolving Demand Note (November 30th, 2015)

FOR VALUE RECEIVED, Metro Media Holding Corporation (Maker), hereby promises to pay to the order of Andy Altahawi (Lender), on demand, the sum of Seven Thousand two hundred ($7,200/00), or so much of that sum as may be advanced under this Demand Note, at the place and in the manner hereinafter provided, together with interest from the date of hereof on the balance of principal remaining from time to time unpaid at an annual rate (Loan Rate) equal to nine and one-half percent (91/2%). The Loan Rate shall (a) be computed on the basis of a year consisting of 360 days, and (b) be charged for the actual number of days within the period for which interest is being charged.

Springleaf Finance Corp – Intercompany Demand Note (November 17th, 2015)

This INTERCOMPANY DEMAND NOTE ("Note"), dated as of November 12, 2015, is entered into by and between Independence Holdings, LLC, a Delaware limited liability company (the "Borrower") and a wholly-owned subsidiary of Springleaf Holdings, Inc. ("Parent"), and Springleaf Financial Cash Services, Inc., a Delaware corporation (the "Lender"), in connection with Parent's proposed acquisition (the "OneMain Acquisition") of OneMain Financial Holdings, LLC ("OneMain") pursuant to a Stock Purchase Agreement, dated as of March 2, 2015 (the "Purchase Agreement"), by and between Parent and CitiFinancial Credit Company ("Seller"). Pursuant to a letter agreement to the Purchase Agreement, Parent has assigned its rights and obligations under the Purchase Agreement to Borrower.

ADVANCED MEDICAL ISOTOPE Corp – Promissory Demand Note (September 16th, 2015)

FOR VALUE RECEIVED, Advanced Medical Isotope Corporation, (the "Borrower"), hereby promises to pay to the order of ___________, (the "Lender"), the principal sum of $________ plus interest, payable at maturity, at the rate of eight percent (8%), as set forth below. Principal and accrued interest shall be due and payable on demand, with thirty (30) days' written notice to Borrower, at any time on or after March 31, 2017 (the "Demand Date") or at such earlier time as provided herein. Payments of principal and interest shall be made when due, at the address of the Lender in lawful money of the United States of America.

Xtera Communications, Inc. – To: The Lenders Listed on the Attached Schedule of Lenders Re: Purchase of Demand Notes of Xtera Communications, Inc. (The Borrower) (August 28th, 2015)

This letter sets forth the agreement between the Borrower and the Lenders set forth on the Schedule of Lenders attached hereto (the Lenders) regarding the terms of the proposal to loan the amounts set forth on the Schedule of Lenders, which aggregates to at least $2,000,000, pursuant to the Demand Notes issued on or about June 12, 2014 (the Demand Notes) which shall be repaid, with interest, within six months of the date of issuance. This letter agreement shall not be effective or binding on any party until executed and delivered by that party.

United Realty Trust Inc – Demand Note (August 14th, 2015)

BETWEEN: UNITED REALTY TRUST INCORPORATED (the "Lender"), a corporation organized and existing under the laws of the State of Maryland, with its head office located at: 60 Broad Street, 34th Floor, New York, New York 10004 AND: CM REALTY HOLDINGS, LLC (the "Borrower"), a limited liability company organized and existing under the laws of the State of Delaware, with its head office located at: 60 Broad Street, 34th Floor, New York, New York 10004

United Realty Trust Inc – Demand Note (May 20th, 2015)

BETWEEN: United Realty Trust Incorporated (the "Lender"), a corporation organized and existing under the laws of the State of Maryland, with its head office located at: 60 Broad Street, 34th Floor, New York, New York 10004 AND: United Realty Advisors, LP (the "Borrower"), a limited partnership organized and existing under the laws of the State of Delaware, with its head office located at: 60 Broad Street, 34th Floor, New York, New York 10004

Fleetcor Technologies – Clause Subject Matter Page ARTICLE I AGREEMENT TO PURCHASE AND SELL SECTION 1.1 Agreement to Purchase and Sell 2 SECTION 1.2 Timing of Purchases 3 SECTION 1.3 Consideration for Purchases 3 SECTION 1.4 Purchase and Sale Termination Date 3 SECTION 1.5 Intention of the Parties 3 SECTION 1.6 Replacement of Existing Receivables Assignments and Demand Notes 4 ARTICLE II PURCHASE REPORT; CALCULATION OF PURCHASE PRICE SECTION 2.1 Purchase Report 4 SECTION 2.2 Calculation of Purchase Price 4 ARTICLE III PAYMENT OF PURCHASE PRICE SECTION 3.1 Initial Purchase Price Payment 5 SECTION 3.2 Subsequent Purcha (March 2nd, 2015)

This RECEIVABLES PURCHASE AND SALE AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this Agreement), dated as of November 14, 2014 is entered into by and among COMDATA TN, INC., a Tennessee corporation, COMDATA NETWORK INC. OF CALIFORNIA, a California corporation (each, a Seller; and collectively, Sellers), and COMDATA INC., a Delaware corporation (the Buyer).

Gaming Partners International Corporation – Hsbc Bank Usa, National Association (July 7th, 2014)
ONE Group Hospitality, Inc. – DEMAND NOTE (The One Group) (October 16th, 2013)

FOR VALUE RECEIVED, THE ONE GROUP, LLC, a Delaware limited liability company, having an address at 411 West 14th Street, Suite 200, New York, New York 10014 (hereinafter referred to as "Maker"), promises to pay to the order of RCI II, LTD, a Jersey Island limited liability company (hereinafter referred to as "Payee"), at 411 West 14th Street, Suite 200, New York, New York 10014 or at such other place as the holder hereof may from time to time designate in writing, the principal sum of THREE HUNDRED FIFTY THOUSAND AND 00/100 DOLLARS ($350,000.00), in lawful money of the United States of America, at the place and in the manner hereinafter provided, with interest thereon to be computed from the date of the first Disbursement (as hereinafter defined) on the outstanding principal balance of this Note from time to time (hereinafter referred to as the "Principal Balance") at the rate of twelve percent (12.00%) per annum and to be paid on DEMAND. Interest shall be computed and shall accrue usi

ONE Group Hospitality, Inc. – DEMAND NOTE (The One Group) (October 16th, 2013)

FOR VALUE RECEIVED, THE ONE GROUP, LLC, a Delaware limited liability company, having an address at 411 West 14th Street, Suite 200, New York, New York 10014 (hereinafter referred to as "Maker"), promises to pay to the order of RCI II, LTD, a Jersey Island limited liability company (hereinafter referred to as "Payee"), at 411 West 14th Street, Suite 200, New York, New York 10014 or at such other place as the holder hereof may from time to time designate in writing, the principal sum of ONE MILLION FIVE HUNDRED THOUSAND AND 00/100 DOLLARS ($1,500,000.00), in lawful money of the United States of America, at the place and in the manner hereinafter provided, with interest thereon to be computed from the date of the first Disbursement (as hereinafter defined) on the outstanding principal balance of this Note from time to time (hereinafter referred to as the "Principal Balance") at the rate of twelve percent (12.00%) per annum and to be paid on DEMAND. Interest shall be computed and shall acc

ONE Group Hospitality, Inc. – DEMAND NOTE (The One Group) (October 16th, 2013)

FOR VALUE RECEIVED, THE ONE GROUP, LLC, a Delaware limited liability company, having an address at 411 West 14'h Street, Suite 200, New York, New York 10014 (hereinafter referred to as "Maker"), promises to pay to the order of RCI II, LTD, a Jersey Island limited liability company (hereinafter referred to as "Payee"), at 411 West 14th Street, Suite 200, New York, New York 10014 or at such other place as the holder hereof may from time to time designate in writing, the principal sum of SEVEN HUNDRED SEVENTY THOUSAND NINE HUNDRED SEVENTY ONE AND 25/100 DOLLARS ($770,971.25), in lawful money of the United States of America, at the place and in the manner hereinafter provided, with interest thereon to be computed from the date of the first Disbursement (as hereinafter defined) on the outstanding principal balance of this Note from time to time (hereinafter referred to as the "Principal Balance") at the rate of twelve percent (12.00%) per annum and to be paid on DEMAND. Interest shall be co

ONE Group Hospitality, Inc. – Demand Note (Stk-Miami) (October 16th, 2013)

FOR VALUE RECEIVED, THE ONE GROUP, LLC, a Delaware limited liability company, having an address at 411 West 14'h Street, Suite 200, New York, New York 10014 (hereinafter referred to as "Maker"), promises to pay to the order of RCI II, LTD, a Jersey Island limited liability company (hereinafter referred to as "Payee"), at 411 West 14th Street, Suite 200, New York, New York 10014 or at such other place as the holder hereof may from time to time designate in writing, the principal sum of FIVE HUNDRED THOUSAND AND 00/100 DOLLARS ($500,00.00), in lawful money of the United States of America, at the place and in the manner hereinafter provided, with interest thereon to be computed from the date of this Note on the outstanding principal balance of this Note from time to time (hereinafter referred to as the "Principal Balance") at the rate of six percent (6.00%) per annum and to be paid on DEMAND. Interest shall be computed and shall accrue using the actual number of days elapsed for the relev

ONE Group Hospitality, Inc. – DEMAND NOTE (The One Group) (October 16th, 2013)

FOR VALUE RECEIVED, THE ONE GROUP, LLC, a Delaware limited liability company, having an address at 411 West 14th Street, Suite 200, New York, New York 10014 (hereinafter referred to as "Maker"), promises to pay to the order of RCI II, LTD, a Jersey Island limited liability company (hereinafter referred to as "Payee"), at 411 West 14th Street, Suite 200, New York, New York 10014 or at such other place as the holder hereof may from time to time designate in writing, the principal sum of THREE HUNDRED FIFTY THOUSAND AND 00/100 DOLLARS ($350,000.00), in lawful money of the United States of America, at the place and in the manner hereinafter provided, with interest thereon to be computed from the date of the first Disbursement (as hereinafter defined) on the outstanding principal balance of this Note from time to time (hereinafter referred to as the "Principal Balance") at the rate of twelve percent (12.00%) per annum and to be paid on DEMAND. Interest shall be computed and shall accrue usi

ONE Group Hospitality, Inc. – Demand Note (One-La) (October 16th, 2013)

FOR VALUE RECEIVED, THE ONE GROUP, LLC, a Delaware limited liability company, having an address at 411 West 14th Street, Suite 200, New York, New York 10014 (hereinafter referred to as "Maker"), promises to pay to the order of RCI II, LTD, a Jersey Island limited liability company (hereinafter referred to as "Payee"), at 411 West 14th Street, Suite 200, New York, New York 10014 or at such other place as the holder hereof may from time to time designate in writing, the principal sum of EIGHT HUNDRED SIXTY EIGHT THOUSAND AND 00/100 DOLLARS ($868,000.00), in lawful money of the United States of America, at the place and in the marmer hereinafter provided, with interest thereon to be computed from the date of the first Disbursement (as hereinafter defined) on the outstanding principal balance of this Note from time to time (hereinafter referred to as the "Principal Balance") at the rate of six percent (6.00%) per annum and to be paid on DEMAND. Interest shall be computed and shall accrue u

ONE Group Hospitality, Inc. – Demand Note (Stk-La) (October 16th, 2013)

FOR VALUE RECEIVED, THE ONE GROUP, LLC, a Delaware limited liability company, having an address at 411 West 14'h Street, Suite 200, New York, New York 10014 (hereinafter referred to as "Maker"), promises to pay to the order of RCI II, LTD, a Jersey Island limited liability company (hereinafter referred to as "Payee"), at 411 West 14th Street, Suite 200, New York, New York 10014 or at such other place as the holder hereof may from time to time designate in writing, the principal sum of ONE MILLION SIX HUNDRED THOUSAND AND 00/100 DOLLARS ($1,600,000.00), in lawful money of the United States of America, at the place and in the manner hereinafter provided, with interest thereon to be computed from the date of this Note on the outstanding principal balance of this Note from time to time (hereinafter referred to as the "Principal Balance") at the rate of eight percent (8.00%) per annum and to be paid on DEMAND. Interest shall be computed and shall accrue using the actual number of days elaps

ONE Group Hospitality, Inc. – DEMAND NOTE (The One Group) (October 16th, 2013)

FOR VALUE RECEIVED, THE ONE GROUP, LLC, a Delaware limited liability company, having an address at 411 West 14th Street, Suite 200, New York, New York 10014 (hereinafter referred to as "Maker"), promises to pay to the order of JONATHAN SEGAL, an individual (hereinafter referred to as "Payee"), at 411 West 14th Street, Suite 200, New York, New York 10014 or at such other place as the holder hereof may from time to time designate in writing, the principal sum of FIVE HUNDRED THOUSAND AND 00/100 DOLLARS ($500,000.00), in lawful money of the United States of America, at the place and in the manner hereinafter provided, with interest thereon to be computed from the date of the first Disbursement (as hereinafter defined) on the outstanding principal balance of this Note from time to time (hereinafter referred to as the "Principal Balance") at the rate of twelve percent (12.00%) per annum and to be paid on DEMAND. Interest shall be computed and shall accrue using the actual number of days ela