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1. Parties: Identifies the maker (promissor), payee (promissee), trustee, and any other relevant parties
2. Background: Sets out the context and purpose of the promissory note and trust arrangement
3. Definitions and Interpretation: Defines key terms and establishes interpretation principles
4. Promise to Pay: The core promise to pay a specified sum, including amount, interest rate, and payment terms
5. Trust Declaration: Establishes the trust, identifies the trust property, and beneficiaries
6. Trustee Powers and Duties: Specifies the trustee's authorities, responsibilities, and limitations
7. Payment Terms: Detailed payment schedule, method, and conditions
8. Interest Provisions: Interest calculation method, rate, and payment frequency
9. Events of Default: Defines circumstances constituting default and consequences
10. Enforcement: Rights and remedies upon default
11. Representations and Warranties: Standard declarations about capacity and authority
12. General Provisions: Standard boilerplate clauses including notices, amendments, governing law
1. Security: Include when the note is secured by specific assets or guarantees
2. Multiple Beneficiaries: Required when there are multiple beneficiaries to specify their rights and relationships
3. Transferability: Include if the note can be transferred or assigned to other parties
4. Prepayment Provisions: Include if early payment is allowed or restricted
5. Tax Provisions: Include detailed tax treatment if complex tax implications exist
6. Trustee Indemnification: Enhanced trustee protection provisions when requested
7. Priority and Subordination: Include when there are multiple creditors or security interests
1. Payment Schedule: Detailed breakdown of payment amounts and due dates
2. Trust Property Schedule: Detailed description of assets held in trust
3. Security Details: Description of any security or collateral provided
4. Beneficiary Schedule: Details of beneficiaries and their respective interests if multiple
5. Fee Schedule: Breakdown of any fees, charges, and costs
6. Form of Transfer: Standard form for transferring the note if transferable
7. Calculation Methods: Detailed explanation of interest or payment calculations
Authorisation
Beneficiary
Business Day
Commencement Date
Default Event
Default Interest Rate
Default Notice
Enforcement Action
GST
Interest Payment Date
Interest Period
Interest Rate
Maker
Maturity Date
Outstanding Amount
Payee
Payment Date
Permitted Purpose
Principal Amount
Principal Outstanding
Promise to Pay
Related Entity
Repayment Schedule
Security
Security Interest
Subsidiary
Trust
Trust Assets
Trust Property
Trust Purpose
Trustee
Trustee Duties
Trustee Powers
Payment Terms
Interest
Trust Declaration
Trustee Powers
Trustee Duties
Trust Property
Security
Default
Enforcement
Representations and Warranties
Assignment and Transfer
Notices
Confidentiality
Force Majeure
Indemnification
Amendment
Termination
Governing Law
Dispute Resolution
Severability
Entire Agreement
Counterparts
GST
Costs and Expenses
Further Assurance
Time of Essence
Waiver
Priority and Subordination
Financial Services
Banking
Real Estate
Commercial Property
Construction
Manufacturing
Professional Services
Healthcare
Retail
Mining and Resources
Agriculture
Technology
Education
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Secretariat
Credit
Investment
Business Development
Operations
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Lawyer
Trust Manager
Commercial Director
Credit Manager
Risk Manager
Compliance Officer
Company Secretary
Financial Controller
Investment Manager
Asset Manager
Business Development Manager
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