Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Addendum To Promissory Note
"I need an Addendum to Promissory Note to extend the maturity date of our existing PHP 5 million promissory note from March 15, 2025, to September 15, 2025, and adjust the interest rate from 6% to 7.5% per annum."
Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Parties: Identification of the parties to the original promissory note (maker/promisor and payee/promisee)
2. Background: Reference to the original promissory note including its date, principal amount, and any previous modifications
3. Definitions: Key terms used in the addendum, including reference to definitions from the original note
4. Amendments: Specific modifications to the original promissory note, clearly stating the original terms and new terms
5. Effect on Original Note: Statement that all other terms of the original promissory note remain in full force and effect
6. Governing Law: Confirmation that Philippine law governs the addendum
7. Execution: Signature blocks and notary requirements under Philippine law
1. Recitals of Additional Circumstances: Used when there are specific circumstances or events necessitating the modification
2. Representations and Warranties: Include when new representations are needed due to material changes in terms
3. Security Provisions: Required if the modification affects any collateral or security arrangements
4. Tax Provisions: Include when modifications affect tax implications or responsibilities
5. Consent of Guarantors: Required if the original note has guarantors who need to consent to the modifications
6. Registration Requirements: Include if modifications require registration with government authorities
1. Schedule of Modified Payment Terms: Detailed breakdown of any modified payment schedules or amounts
2. Schedule of Additional Security: Description of any new or modified security arrangements
3. Appendix A - Copy of Original Note: Attached copy of the original promissory note being modified
4. Appendix B - Consent Documents: Any required third-party consents or approvals
Authors
Effective Date
Modification Date
Original Principal Amount
Modified Principal Amount
Interest Rate
Default Rate
Payment Date
Maturity Date
Business Day
Banking Day
Event of Default
Security
Collateral
Guarantor
Secured Obligations
Modified Terms
Original Terms
Parties
Maker
Payee
Outstanding Balance
Amendment
BSP
Governing Law
Security Documents
Permitted Assigns
Default Interest
Due Date
Place of Payment
Amendment and Modification
Payment Terms
Interest Rate
Security and Collateral
Representations and Warranties
Conditions Precedent
Events of Default
Notice Requirements
Further Assurance
Governing Law
Ratification
Integration
Severability
No Waiver
Binding Effect
Counterparts
Notarial Acknowledgment
Banking and Financial Services
Real Estate
Commercial Lending
Corporate Finance
Small and Medium Enterprises
Agriculture
Manufacturing
Construction
Retail
Infrastructure Development
Technology
Healthcare
Legal
Finance
Treasury
Credit and Collections
Risk Management
Compliance
Corporate Secretariat
Banking Operations
Loan Administration
Document Control
Chief Financial Officer
Finance Manager
Credit Manager
Loan Officer
Treasury Manager
Legal Counsel
Corporate Secretary
Compliance Officer
Risk Manager
Financial Controller
Credit Analyst
Account Manager
Collections Manager
Banking Operations Manager
Corporate Finance Director
Find the exact document you need
Simple Amendment To Contract
A Philippine law-compliant document that formally modifies specific terms of an existing contract while maintaining other original provisions.
Month To Month Lease Amendment
A Philippine-compliant amendment converting an existing lease to a month-to-month arrangement, incorporating local property law requirements and flexible termination terms.
Addendum To Promissory Note
A Philippine law-governed document that modifies specific terms of an existing promissory note while maintaining other original provisions.
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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.