Use this button to switch between dark and light mode.

Promissory Notes Explained … Watch This!

August 23, 2022

This short video provides an overview of promissory notes and the terms that should be included in to make them enforceable and complete.

Watch Now »

Related Content

  • Promissory Notes (Acquisition Loan)
    Review this practice note discussing promissory notes in an acquisition loan. Acquisition loan promissory notes may provide for regularly scheduled payments of interest only or regularly scheduled payments for amortized principal and interest.
  • Revolving Promissory Note (Credit Agreement)
    Use this template revolving promissory note for a credit agreement in a typical syndicated loan transaction. Promissory notes are not necessary in syndicated loan transactions, but certain lenders prefer physical evidence of their loans as an acknowledgment by the borrower of its obligation to repay that specific lender.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+