Brazil Promissory Notes - Single Disbursement/Consolidation


The Single Disbursement or Consolidation Promissory Note (Brazil) is a sample single-disbursement promissory note for a medium term single buyer insurance policy that allows for alternative floating reference rates or a fixed rate. It contains standard alternative interest rates to be effective under certain circumstances (eg. illegality, inability to quote). The Single Disbursement or Consolidation Promissory Note (Brazil) also contains a guarantee, which is signed by a guarantor, who guarantees full and complete payment of the principal of and interest on the foregoing promissory note. This form of note may not be used in Venezuelan or Mexican transactions.

SOURCE: Brazil Promissory Notes - Single Disbursement/Consolidation