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1. Parties: Identification of the maker (promisor/debtor) and payee (promisee/creditor) with complete details including name, address, and legal status
2. Promise to Pay: Unconditional promise to pay a certain sum with specified interest rate, including the words 'I/We promise to pay'
3. Payment Terms: Details of principal amount, interest calculation method, payment schedule, and maturity date
4. Security Details: Description of security/collateral being offered and terms of security interest
5. Events of Default: Specific circumstances that constitute default and consequences thereof
6. Rights and Remedies: Rights of the payee in case of default, including enforcement of security
7. Representations and Warranties: Basic declarations about legal capacity, authority, and ownership of security
8. Notice Requirements: Process and addresses for serving notices between parties
9. Governing Law: Specification of Indian law as governing law and jurisdiction details
1. Prepayment Provisions: Include when early payment options are to be allowed, specifying any prepayment penalties
2. Guarantee: Add when a third-party guarantee is part of the security structure
3. Insurance Requirements: Include when security includes physical assets requiring insurance coverage
4. Assignment Clause: Add when the note needs to be transferable or assignable
5. Cross-Default: Include when the note is part of a larger financing arrangement
6. Co-signers: Add when multiple makers are jointly executing the note
7. Acceleration Clause: Include when immediate payment of entire amount can be demanded upon specific triggers
1. Schedule A - Payment Schedule: Detailed amortization schedule showing principal and interest payments
2. Schedule B - Security Description: Detailed description of security/collateral including registration details
3. Schedule C - Security Documents: List and copies of additional security documents (mortgage deeds, hypothecation agreements, etc.)
4. Appendix 1 - Interest Calculation Method: Detailed explanation of interest calculation formula and examples
5. Appendix 2 - Property Documents: Copies of property titles, registration certificates if property is security
6. Appendix 3 - KYC Documents: Copies of identity and address proofs of all parties
Collateral
Default Interest
Default Rate
Event of Default
Interest Payment Date
Interest Period
Interest Rate
Loan Amount
Maker
Maturity Date
Outstanding Amount
Payee
Payment Date
Permitted Security Interest
Principal Amount
Repayment Schedule
Security
Security Documents
Security Interest
Security Provider
Secured Obligations
Secured Property
Specified Rate
Transaction Documents
Interest
Security Creation
Repayment Terms
Default
Acceleration
Representations and Warranties
Security Enforcement
Assignment
Notice
Governing Law
Dispute Resolution
Force Majeure
Indemnification
Further Assurance
Severability
Entire Agreement
Amendment
Waiver
Costs and Expenses
Registration
Stamp Duty
Counterparts
Banking & Financial Services
Real Estate
Manufacturing
Small and Medium Enterprises
Agriculture
Construction
Retail
Technology
Healthcare
Education
Legal
Finance
Credit
Risk Management
Compliance
Treasury
Corporate Secretarial
Business Development
Collections
Documentation
Chief Financial Officer
Finance Manager
Legal Counsel
Corporate Lawyer
Credit Manager
Loan Officer
Risk Manager
Compliance Officer
Business Development Manager
Treasury Manager
Company Secretary
Security Trustee
Documentation Specialist
Collections Manager
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