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Promissory Note Sample Philippines (Free Download) To save you the hassle of writing a promissory note from scratch, you may download the following samples and edit the contents based on your agreement with the other party. 1. Simple Promissory Note (With No Conditions) 2. Notarized Promissory Note (With the Condition to Pay Monthly Interest) 3.
Size 1 page. Fill out the template. What is a Promissory Note? A Promissory Note is an unconditional promise in writing made by one person (the " maker ") in favor of another (the " payee ") that the maker will pay an amount of money at a specified date. It must be signed by the maker and delivered to the payee.
Promissory Note. Php50,000.00 January 5, 2014. FOR VALUE RECEIVED, I promise to pay to the order of ANNA CURTIES, the sum of FIFTY THOUSAND PESOS (Php50,000.00) Philippine Currency, in TEN (10) equal monthly installments of FIVE THOUSAND PESOS (Php5,000.00) starting February 5, 2014 and every 5th day of the month thereafter until fully paid.
A free downloadable and editable sample of a Promissory Note legally used in the Philippines.
May 19, 2017 · A promissory note, sometimes referred to as a note payable, is a legal instrument, in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms and conditions.
For value received, I hereby unconditionally promise to pay ________ the principal amount of ________ (₱________) on or before ________. All payments shall be made at: ________. I also promise to pay, at the aforesaid address, monthly interest of ________ Per Cent ( ________ %).
Nov 1, 2023 · A promissory note is a written, legally binding agreement in which one party promises to pay another party a specific sum of money at a predetermined future date or upon the receiver’s demand. This document specifies the principal amount, interest rate, maturity date, and other terms and conditions, if any.
Aug 10, 2023 · A negotiable promissory note means that the payee can transfer the note (by indorsement) to another person and the maker will have to pay the amount on the note to the transferee. The indorsement must be written on the promissory note or upon a paper attached thereto.
May 7, 2022 · PROMISSORY NOTE (Date) P_____ _____, Philippines _____ months (or days) after date, I promise to pay, for value received, to _____ or order the sum of _____PESOS, with interest at _____percent per annum after maturity until paid. The makers
Jul 8, 2022 · PROMISSORY NOTE. FOR VALUE RECEIVED, I, (Name), of legal age, single, Filipino, with residence at (Address), promise to pay without need of demand to the order of (Name), the amount of PESOS: TEN THOUSAND PESOS (Php10,000.00), on or before (Date) at his residence in (Address) .
