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.