A promissory note
is a legal instrument (more particularly, a financial instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. If the promissory note is unconditional and readily salable, it is called a negotiable instrument.
Referred to as a note payable in accounting (as distinguished from accounts payable), or commonly as just a "note", it is internationally defined by the Convention providing a uniform law for bills of exchange and promissory notes, although regional variations exist. A banknote is frequently referred to as a promissory note: a promissory note made by a bank and payable to bearer on demand. Mortgage notes are another prominent example.
Promissory notes are a common financial instrument in many jurisdictions, employed principally for short time financing of companies. Often, the seller or provider of a service is not paid upfront by the buyer (usually, another company), but within a period of time, the length of which has been agreed upon by both the seller and the buyer. The reasons for this may vary; historically, many companies used to balance their books and execute payments and debts at the end of each week or tax month; any product bought before that time would be paid only then. Depending on the jurisdiction, this deferred payment period can be regulated by law; in countries like France, Italy or Spain, it usually ranges between 30 to 90 days after the purchase.
Notes in perfumery are descriptors of scents that can be sensed upon the application of a perfume. Notes are separated into three classes; top/head notes, middle/heart notes, and base notes; which denote groups of scents which can be sensed with respect to the time after the application of a perfume. These notes are created carefully with knowledge of the evaporation process and intended use of the perfume. The presence of one note may alter the perception of another - for instance, the presence of certain base or heart notes will alter the scent perceived when the top notes are strongest, and likewise the scent of base notes in the dry-down will often be altered depending on the smells of the heart notes.
The idea of notes is used primarily for the marketing of fine fragrances. The term is sometimes used by perfumers to describe approximately scents or the perfumery process to laypeople.
Fragrant materials are listed by Poucher in order of volatility and are grouped under respective evaporation coefficients (perfume notes) that range from 1 to 100.
As consideration for its financing commitments regarding the PrivateConvertibleBonds and the exchangeable notes, Santhera has issued to Highbridge an aggregate of 2.5 million warrants, each of which is exercisable for one Santhera share at an exercise price of CHF 2.00 at any time upon issuance for a period of five years. .
"The package provides a huge relief to VIL for the next four years as the annual cash outgo toward government dues will reduce from Rs 253 billion starting in FY23E to Rs 31 billion, with an option of converting the same into equity for the government," the note said.
A homeless man armed with a reciprocating saw recently cut the catalytic converter from a church-owned truck outside the TrinityGospelChurch inCanton...AAA has noticed an increase in insurance claims and automotive repair requests related to stolen catalytic converters and noted that not every car is covered by insurance.
Petito and her boyfriend, Laundrie, left in July on a cross-country trek in a converted van to visit national parks in the U.S.West... 1 ... Moab police ultimately decided not file any charges and instead separated the couple for the night, with Laundrie checking into a motel and Petito remaining with the converted sleeper van. Note to readers ... .
... improved versions of the materials and provide teachers with support through Notes to Teachers ... San Antonio also noted that the “quality-assured modules are already converted into different formats and are used as the basis” for the DepEd TV and the DepEd radio-based instruction.
Petito, 22, vanished while on a cross-country trip in a converted camper van with her boyfriend ... The pair left in July on a cross-country trek in a converted van to visit national parks in the U.S ... into a motel and Petito remaining with the converted sleeper van. Note to readers.
MOOSE, Wyo ... The pair left in July on a cross-country trek in a converted van to visit national parks in the U.S.West... 1, police said ... Moab police ultimately decided not file any charges and instead separated the couple for the night, with Laundrie checking into a motel and Petito remaining with the converted sleeper van. Note to readers ... .
X Register for free to receive latest news stories direct to your inbox. Register ... “I would like to thank our shareholders for their continuing support, and particularly our loan note holders for their commitment to the company over many years, and for agreeing to convert their loans into the capital of ZOO prior to the end of September 2021 ... .
MOOSE, Wyo ... The pair left in July on a cross-country trek in a converted van to visit national parks in the U.S.West... 1, police said ... Moab ultimately police decided not file any charges and instead separated the couple for the night, with Laundrie checking into a motel and Petito remaining with the converted sleeper van. Note to readers ... Disclaimer ... .
BOULDER, Colo.--(BUSINESS WIRE)--Sep 20, 2021--. Clovis Oncology, Inc. (NASDAQ.CLVS) announced today that it has paid off in full at maturity the remaining $64.4 million in principal amount outstanding of its 2.50% convertible senior notes due 2021 ... Mahaffy, President and CEO of Clovis Oncology ... Each of these supports our three key strategies ... CONTACT.
“There was a nice, steady flow of people, all greeted by VickiMartin and her wonderful smile, along with members from BuddyPower Promotions,” noted CherryFisher, member of Buddy Power Promotions ... “In 2013, the Scottsville Post Office was converted to a remotely managed Post Office, under the direction of the Marshall Post Office,” noted Fisher.
18 at Otterbein ...JCU is 1-1 and 1-0 in the Ohio Athletic Conference as things get amped up to 10 on Sept ... Keyshawn Colmon was JCU’s leading receiver with three catches for 50 yards, but of note was Mentor graduate and tight end Tadas Tatarunas — who recently converted from quarterback — getting his first college reception on a 16-yard catch.
The Supreme Court has quashed criminal proceedings against a man accused of forcible conversion, noting that the person who was stated to have been forced to convert to Christianity has denied the allegation ... According to his own version neither was he forcibly converted nor had the appellant contacted him at any juncture, it observed.
CSGS) today announced that as a result of its third quarter dividend of $0.25 per share on its common stock, it will adjust the conversion rate for its outstanding 4.25% SeniorConvertible Notes issued in March 2016 (the '2016 Convertible Notes').