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PROMISSORY NOTE Date: January 7, 2011, For value received in the amount of US $100,000.00 cash, the receipt of which is hereby acknowledged, Galaxy Media and Marketing Corporation, (Borrower) hereby
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A promissory note extension is a document that allows the parties involved to extend the terms of a promissory note, typically the repayment date.
Any party involved in a promissory note agreement who wishes to extend the repayment terms may be required to file a promissory note extension.
To fill out a promissory note extension, the parties must include the original promissory note details, the extension terms agreed upon, and all relevant signatures.
The purpose of a promissory note extension is to formalize the agreement to extend the repayment terms of the original promissory note.
The promissory note extension must include the original promissory note details, the extension terms, the reason for the extension, and all necessary signatures.
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