Purchase Money Promissory Note Sample Contracts

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Amyris – Purchase Money Promissory Note (April 17th, 2017)

FOR VALUE RECEIVED, AMYRIS, INC., a Delaware corporation ("Borrower"), promises to pay to NIKKO CHEMICALS CO., LTD., a Japanese company ("Lender"), the principal sum of THREE MILLION NINE HUNDRED THOUSAND and 00/100 DOLLARS ($3,900,000.00), with interest at the fixed rate of five percent (5.0%) per annum on the unpaid balance until paid or until default, both principal and interest payable in lawful money of the United States of America, at the office of Lender at 1-4-8, Nihonbashi-Bakurocho, Chuo-ku, Tokyo 103-0002, Japan, or at such place as the legal holder hereof may designate in writing. The principal and interest shall be due and payable as follows:

Amyris – Purchase Money Promissory Note (April 17th, 2017)

FOR VALUE RECEIVED, AMYRIS, INC., a Delaware corporation, promises to pay to SALISBURY PARTNERS, LLC, a North Carolina limited liability company, the principal sum of THREE MILLION FIVE HUNDRED THOUSAND and 00/100 DOLLARS ($3,500,000.00), with interest at the fixed rate of five percent (5.0%) per annum on the unpaid balance until paid or until default, both principal and interest payable in lawful money of the United States of America, at the SALISBURY PARTNERS, LLC office of 24 West Salisbury Street, Wrightsville Beach, North Carolina 28480, or at such place as the legal holder hereof may designate in writing. The principal and interest shall be due and payable as follows:

Blue Ridge Real Estate Co – Purchase Money Promissory Note (March 17th, 2010)

FOR VALUE RECEIVED, the undersigned BLUE RIDGE REAL ESTATE COMPANY, a Pennsylvania corporation, (the "Borrower"), promises to pay to the order of THE STEPHEN A GROVE DESCENDANTS TRUST (the "Lender"), at P.O. Box 1807, Covington, Georgia 30015 or at such other place as Lender may direct from time to time in writing, the principal sum of SIX HUNDRED SEVENTY THOUSAND AND NO/100 DOLLARS ($670,000.00), or so much thereof as remains unpaid, together with interest thereon at the rate or rates per annum designated herein computed on the basis of a 360-day year for the actual number of days in each interest period.

Guarantee of Payment of Purchase Money Promissory Note (November 18th, 2003)

In consideration of the loan evidenced by the promissory note of Quality Products, Inc., a Delaware corporation (the Borrower), dated November 17, 2003 payable to the order of the Lenders listed in Exhibit A to this Guarantee, in the principal amount of $200,000 and no/100 United States dollars, bearing interest at the rate of 8 1/2 % per annum simple interest and payable in 60 monthly installments with a final balloon payment due on December 31, 2008 and secured by a Machine described in the Purchase Money Security Agreement (the Note, which term will include any and all amendments to the Note and substitutions for the Note made after the date of this Agreement and regardless of whether they are made with or without the approval of the undersigned), and in order to induce the Lenders to make the loan evidenced by the Note, the undersigned hereby jointly and severally, unconditionally and irrevocably guarantee payment when due of any and all amounts owing under the Note. Jason Drexler

Dvl Inc – Non-Negotiable, Secured Purchase Money Promissory Note (September 7th, 2001)
Dvl Inc – Non-Negotiable, Secured Purchase Money Promissory Note (September 7th, 2001)
Dvl Inc – Non-Negotiable, Secured Purchase Money Promissory Note (May 10th, 2001)
Dvl Inc – Non-Negotiable, Secured Purchase Money Promissory Note (May 10th, 2001)
Quest Education Corp – Purchase Money Promissory Note (February 25th, 1998)
Aei Real Estate Fund Xv Ltd Partnership – Secured Purchase Money Promissory Note (February 10th, 1997)