The Demand Promissory Note Loan Agreement is commonly used in situations requiring flexible repayment terms while maintaining legal enforceability. This document type is particularly useful for business loans, bridge financing, or family lending situations in the United States. It provides more comprehensive terms than a simple promissory note while incorporating the 'on-demand' feature that allows the lender to call for repayment at any time. The agreement must comply with state usury laws, federal lending regulations, and the Uniform Commercial Code requirements for negotiable instruments.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of lender and borrower with full legal names and addresses
2. Background: Brief context of the loan arrangement and purpose
3. Definitions: Key terms used throughout the document
4. Principal Amount: Statement of the loan amount
5. Interest Rate: Specification of interest rate and calculation method
6. Payment Terms: Description of demand nature of the note and payment procedures
7. Default Provisions: Consequences of default and remedies available
8. Governing Law: Jurisdiction and applicable law
9. Signature Block: Execution provisions and date
1. Security: Details of any collateral when loan is secured
2. Guarantees: Terms of any guarantees when there are guarantors
3. Prepayment Terms: Conditions for early repayment when early repayment is allowed
4. Assignment: Terms for transferring the note when note may be assigned
5. Representations and Warranties: Borrower's declarations for more complex loans
1. Payment Schedule: If regular payments are contemplated despite demand nature
2. Security Description: Detailed description of any collateral
3. Guarantor Agreement: Separate guarantee documentation
4. Notice Provisions: Contact details and communication methods
Relevant legal definitions
Agreement
Borrower
Business Day
Default
Default Rate
Demand Notice
Due Date
Event of Default
Governing Law
Interest Rate
Lender
Loan
Maturity Date
Payment Date
Principal Amount
Repayment
Security Interest
Transaction Documents
Collateral
Secured Obligations
Security Documents
Guarantee
Guarantor
Guaranteed Obligations
Borrower
Business Day
Default
Default Rate
Demand Notice
Due Date
Event of Default
Governing Law
Interest Rate
Lender
Loan
Maturity Date
Payment Date
Principal Amount
Repayment
Security Interest
Transaction Documents
Collateral
Secured Obligations
Security Documents
Guarantee
Guarantor
Guaranteed Obligations
Clauses
Principal and Interest
Payment Terms
Demand Rights
Default
Remedies
Representations and Warranties
Covenants
Interest Calculation
Expenses and Costs
Notices
Governing Law
Assignment
Waiver
Severability
Amendment
Entire Agreement
Security
Guarantee
Prepayment
Late Payment
Set-off Rights
Tax Gross-up
Further Assurance
Subordination
Cross-Default
Negative Pledge
Financial Covenants
Information Covenants
Change of Control
Payment Terms
Demand Rights
Default
Remedies
Representations and Warranties
Covenants
Interest Calculation
Expenses and Costs
Notices
Governing Law
Assignment
Waiver
Severability
Amendment
Entire Agreement
Security
Guarantee
Prepayment
Late Payment
Set-off Rights
Tax Gross-up
Further Assurance
Subordination
Cross-Default
Negative Pledge
Financial Covenants
Information Covenants
Change of Control
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Take Over Mortgage Payments Contract
A U.S. legal agreement enabling the transfer of mortgage payment obligations from one party to another while maintaining original loan terms.
Download
Basic Loan Agreement Between Friends
A US-jurisdiction agreement formalizing personal loans between friends, including essential terms and conditions while maintaining legal validity under state laws.
Download
Agreement For Lending Money To Friends
A U.S.-compliant legal agreement template for documenting and formalizing monetary loans between friends, including essential loan terms and protections for both parties.
Download
Loan Contracts Between Friends
A U.S.-compliant loan agreement template for personal lending between friends, balancing legal requirements with maintaining friendly relations.
Download
Lending Contract Agreement
A U.S.-governed agreement establishing the terms and conditions of a loan between lender and borrower, compliant with federal and state lending regulations.
Download
Unsecured Loan Agreement Individual To Company
A U.S.-governed agreement documenting an unsecured loan from an individual to a company, specifying loan terms and obligations.
Download
Agreement To Take Over Car Payments
A U.S. legal agreement transferring vehicle loan payment responsibilities from original borrower to a new party.
Download
Tri Party Agreement Home Loan
A U.S.-governed agreement establishing terms and conditions for a three-party home loan arrangement between borrower, primary lender, and third party (guarantor/co-lender).
Download
Amenities Agreement For Loan
A U.S. legal document combining loan terms with amenities usage rights and responsibilities, subject to federal and state lending regulations.
Download
Loan Contract Between Friends
A U.S.-compliant legal agreement documenting loan terms between individuals, including repayment obligations and default provisions.
Download
Petty Cash Loan Agreement
A U.S.-compliant legal document formalizing small-scale cash loans for minor business expenses or operational needs.
Download
Letter Borrowing Money From A Friend
A legally binding U.S. document formalizing a personal loan agreement between friends.
Download
Good Faith Loan Agreement
A U.S.-compliant legal document formalizing a lending arrangement between trusted parties, outlining loan terms and conditions.
Download
Interest Only Loan Contract
A U.S.-governed agreement where the borrower pays only interest for a specified period, with principal due later.
Download
Letter Of Loan Agreement Between Friends
A US-compliant legal document formalizing a loan agreement between friends, specifying loan terms and repayment conditions.
Download
Secured Loan Contract
A U.S. legal agreement documenting a loan secured by specific collateral, governed by UCC Article 9 and state laws.
Download
Bank Loan Term Sheet
A U.S. law-governed preliminary document outlining key terms and conditions of a proposed bank loan facility, serving as the basis for the final loan agreement.
Download
Loan Contract For Family
A US-compliant loan agreement for financial arrangements between family members, incorporating IRS requirements and state regulations for family lending.
Download
Option Contract Car Loan
A U.S.-governed agreement combining auto financing with option rights, subject to federal and state lending regulations.
Download
Loan On Rent Agreement
A U.S.-compliant legal agreement governing the temporary rental of equipment or property between a lessor and lessee.
Download
Loan On Lease Agreement
A U.S. legal agreement that provides financing secured by the borrower's rights under an existing lease agreement.
Download
Assumption Of Mortgage Form
A U.S. legal document that enables the transfer of mortgage obligations from an existing borrower to a new borrower.
Download
Mortgage Note Purchase Agreement
A U.S. legal agreement governing the sale and transfer of mortgage notes between parties, including terms, conditions, and regulatory compliance requirements.
Download
Car Loan Assumption Agreement Form
A U.S. legal document enabling the transfer of an existing car loan from one borrower to another, subject to federal and state lending regulations.
Download
Private Money Lender Contract
A U.S.-compliant legal agreement between a private lender and borrower establishing loan terms and conditions.
Download
Tripartite Agreement Bank Loan
US-governed three-party loan agreement between a bank, borrower, and guarantor/security provider, detailing loan terms and security arrangements.
Download
Letter Of Exclusivity Mortgage Broker
A U.S.-compliant agreement establishing exclusive rights for a mortgage broker to represent a client in mortgage transactions.
Download
Personal Loan Agreement With Notary
A U.S.-governed legal document that establishes terms for a personal loan, authenticated by a notary public.
Download
Auto Loan Purchase Agreement
A U.S.-governed agreement for the sale and transfer of auto loans between financial institutions, subject to federal and state regulations.
Download
Line Of Credit Agreement And Note
A U.S. legal document establishing a revolving credit facility between lender and borrower, combining credit agreement and promissory note provisions.
Download
Contract Financing Loan
A U.S.-governed loan agreement providing financing secured against specific contracts or contract receivables.
Download
Director Loan Agreement
A U.S. legal agreement governing loans between a company and its director, outlining terms, conditions, and compliance requirements.
Download
Personal Property Loan Agreement
A U.S.-compliant agreement that documents the terms of a loan secured by personal property, including collateral details and repayment terms.
Download
Promissory Note Between Friends
A U.S. legal document that formalizes a personal loan agreement between friends, including loan terms and repayment conditions.
Download
Debtor In Possession Loan Agreement
A U.S. bankruptcy financing agreement that enables companies in Chapter 11 to obtain new funding for continued operations during reorganization, subject to bankruptcy court approval.
Download
Loan Against Rent Agreement
A U.S. legal agreement establishing terms for a loan secured by rental income from property.
Download
Inventory Loan Agreement
A U.S.-governed agreement establishing terms for a loan secured by business inventory, subject to UCC regulations.
Download
Credit Agreement Between Two Parties
A U.S.-governed agreement establishing loan terms between a lender and borrower, including amount, interest, and repayment conditions.
Download
Installment Loan Contract
A U.S. legal agreement establishing terms for a loan to be repaid in scheduled installments, compliant with federal and state lending regulations.
Download
Demand Promissory Note Loan Agreement
A U.S. legal document combining a loan agreement and promissory note for a loan repayable on demand.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)