Foreign Currency Promissory Note
Date: January 15, 2060
Principal Amount: USD 50,000 (Fifty Thousand United States Dollars)
Currency: Euro (€)
FOR VALUE RECEIVED, I, John Smith, with a principal address at 123 Main Street, New York, NY 10001, hereby unconditionally promise to pay to the order of [Your Name], with a principal address at 456 Elm Avenue, San Francisco, CA 94102, the sum of €45,000 (Forty-Five Thousand Euros) in lawful money of the European Union on or before the maturity date as specified herein.
1. PAYMENT TERMS:
The total amount due under this Note, including accrued interest, shall be paid in full by January 15, 2061.
Payments shall be made at the office of the Lender or at such other place as the Lender may designate in writing.
2. INTEREST RATE:
3. PREPAYMENT:
4. DEFAULT:
If the Borrower fails to make any payment due under this Note within 30 days of its due date, the Lender may declare the entire remaining unpaid principal balance, together with all accrued interest, immediately due and payable.
5. GOVERNING LAW:
6. SEVERABILITY:
7. ENTIRE AGREEMENT:
This Note constitutes the entire agreement between the parties and supersedes all prior agreements, understandings, and negotiations, whether written or oral, relating to the subject matter hereof.
IN WITNESS WHEREOF, the Borrower has executed this Foreign Currency Promissory Note as of the date first above written.
Borrower’s Signature:
John Smith
Borrower
Lender’s Signature:
[Your Name]
Lender
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