Interest Bearing Promissory Note Sample Contracts

Share Cite Term

Embed (HTML)
Powin Corp – Non-Interest Bearing Promissory Note (October 12th, 2016)

For value received, I, we or either and each of us, whether maker, endorser, or any other party hereto, jointly, severally and in solido, promise to pay to the order of Powin Corporation, a Nevada corporation, ONE HUNDRED TWENTY-FIVE THOUSAND AND NO/100 U.S. DOLLARS ($125,000.00), with no interest bearing upon this note, which said amount shall be due and payable in four (4) consecutive annual installments of THIRTY-ONE THOUSAND TWO HUNDRED FIFTY AND NO/100 U.S. DOLLARS ($31,250.00) on each of December 31, 2017, December 31, 2018, December 31, 2019, and December 31, 2020.

iHookup Social, Inc. – Non-Recourse Non-Interest Bearing Promissory Note (April 11th, 2012)

For value received, the undersigned, Titan Iron Ore Corp., a Nevada corporation (the "Maker") whose address is Suite 110, 3040 N. Campbell Avenue, Tucson, Arizona USA 85719, promises to pay to the order of Wyomex Limited Liability Company, dba Wyomex LLC, a Wyoming limited liability company ("Payee") whose address is P.O. Box 185, Cheyenne, Wyoming USA 82003, together with any other holder hereof, the sum of US$6,855,000 (Six Million, Eight Hundred Fifty Five Thousand US dollars), payable without interest, as follows:

Ranger Gold Corp. – Non-Interest Bearing Promissory Note (November 30th, 2009)

NOW THEREFORE THIS AGREEMENT WITNESSES that for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows.

United eSystems, Inc. – Non-Interest Bearing Promissory Note (August 28th, 2008)

FOR VALUE RECEIVED, United eSystems, Inc., a Nevada corporation (the "Maker"), hereby promises to pay to the order of Robert J. Sorrentino (the "Holder," which term shall include any subsequent holder of this Non-Interest Bearing Promissory Note (this "Note")), at 15431 O'Neal Rd., Gulfport, MS 39503, or such other place as the Holder may designate in writing, such sums as may be advanced to the Maker by the Holder, pursuant to this Note; provided, however, that the principal amount hereunder shall not exceed Five Hundred Thousand Dollars and No Cents.

Non-Interest Bearing Promissory Note and Assignment of Equity (October 5th, 2007)

FOR VALUE RECEIVED, THE UNDERSIGNED, Global Techiques, a duly formed and registered corporation domiciled in Cairo, Egypt and doing business as PCS Middle East, and PCS Middle East Company, a registered Saudi Arabian corporation (collectively, Borrowers), and Borrowers principal owner, Mohamed Yasser Refai (Owner), jointly and severally promise to pay to the order of PCS Edventures!.com, Inc., an Idaho U.S. corporation, its successors and assigns (Lender), the principal sum of Two Hundred Fifty Thousand Dollars (US$250,000.00), together with all other sums due hereunder or under the terms of the Assignment of Equity made by Owner for the benefit of Lender pursuant to paragraph 2 below (the Assignment of Equity) (which may be collectively referenced in this Note as the Obligations), in lawful money of the Un ited States of America. The Obligations shall be payable at the office of Lender at 345 Bobwhite Court, Suite 200, Boise, Idaho 83706 or at such other address either within or wi