The way to make sure your father gets paid is to get your brother to sign a promissory note agreeing to repay all the amounts he charged. |
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The days when cash, a cheque or a promissory note were the only methods of payment have passed. |
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However, when you take a loan, the loan amount will be treated as an asset in the plan, as it will be replaced by your promissory note. |
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Without a written promissory note, your brother could deny he owes the money and instead claim your father told him he could make the charges. |
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In exchange, the ESOP gave a promissory note, payable with interest annually over nine years. |
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The promissory note is a convenient tool, an additional guarantee to the bona fide commercial relationship. |
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The plaintiff advanced money and was issued a promissory note signed by the accountant and an associate. |
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If he decides to start making payments, you should write up a simple promissory note. |
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The fonds also contains a promissory note to Mrs. Robson for the use of a house. |
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A promissory note denominated in US dollars and issued only in book-entry form. |
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Consequently, remittal of a promissory note, a bill of exchange or a check does not constitute effective payment. |
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It was J. S. Woodsworth who cut a deal with King in a letter, a promissory note. |
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Rather than repaying the promissory note it was used as a cash flow to start running a business of property development. |
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BankCo accepted the promissory note and agreed to change the terms of the loan, but at a higher rate of interest. |
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The Commission sought further information on, and assurances regarding the security of the promissory note. |
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An example would be when a third party gives a bank a promissory note for the payment of the obligor's debt, which the bank, as obligee, accepts. |
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His attorney recalled that he gave him a release in letter format from the promissory note indebtedness in exchange for receiving five Fieldway shares. |
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I want to ask that individual to sign a promissory note to pay us back. |
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The payment of rentals may be secured by cheque, promissory note, letter of credit or other negotiable financial instrument in a form satisfactory to the Minister. |
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It will not even take effect for a year and a half if, I am quick to add, there is a surplus. It is a pie in the sky throne speech promissory note that will not take effect for at least a year and a half. |
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Benefits: The attached file contains a sample unsecured promissory note that can be customized to document a loan to you from a family member, friend, or other private party. |
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For example, a promissory note evidences an obligation to repay a debt. |
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The promissory note is not a negotiable instrument. |
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The owner's full name and address must be written on the promissory note. |
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Executing a promissory note and adhering to its terms will help reduce the risks from gift tax issues, conflicts of interest and mismanagement claims, and personal misunderstandings between insiders and entrepreneurs. |
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The taxpayer executed an interest-bearing promissory note providing for the repayment of the cash advance in annual installments. |
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The fundamental concept is that when the government wants to dispose of property it transfers it to Canada Lands and takes back a promissory note for the approximate value. |
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The promissory note is listed under Contributed Surplus. |
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This pivotal shift changed the simple promissory note into an agency for the expansion of the monetary supply itself. |
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Bank notes are frequently referred to as promissory notes, a promissory note made by a bank and payable to bearer on demand. |
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Mortgage holders do sign a promissory note, which is a promise to pay. |
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But it was a dream built on a promissory note. |
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As such Ontario is of the view that the promissory note should be viewed by the Commission as a very solid and secure part of the ONFA fund portfolio. |
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The firm signs a conventional promissory note. |
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In this case, all that is required is a promissory note or equivalent guarantee on the part of the foreign buyer, unequivocally indicating through his bank that he will pay within the agreed period. |
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There are other ways to demonstrate a debt exists after the fact, including written acknowledgement of the debt, such as a returned NSF cheque, a signed draft or promissory note, or confirmation from a bankruptcy trustee. |
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The Master Promissory Note is an agreement between the lender and the borrower that promises to repay the loan. |
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