Corporate Installment Note

CORPORATE INSTALLMENT NOTE

 

On ____________ (date), for value received, ____________________, Inc., a corporation organized under the laws of _____________________ (state), whose principal place of business is located at _____________________________________________________, in this note referred to as corporation, promises to pay to _________________________________ (payee), of _____________________________________________________ (address), in this note referred to as payee, __________ Dollars ($__________) with interest from ___________ (date), at the rate of __________ percent (_______%) per year in installments as follows:

 _______________ Dollars ($__________) in _____________ (number) ____________ (monthly) installments of __________ Dollars ($__________) each, beginning on ______________ (date), and continuing on the same day of each ____________ (month) thereafter until paid in full.

If there is a default on any payment when due, the entire amount of principal and interest shall become immediately due and payable at the option of payee, without notice.

In witness whereof, corporation has caused this note to be executed by its duly authorized officers.

___________________________________

Signature  

___________________________________

Signature

 

 

Warning:

These forms are provided AS IS. They may not be any good. Even if they are good in one jurisdiction, they may not work in another. And the facts of your situation may make these forms inappropriate for you. They are for informational purposes only, and you should consult an attorney before using them.

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