Common use of DEMAND PROMISSORY NOTE Clause in Contracts

DEMAND PROMISSORY NOTE. ON DEMAND, I/We, and (the 'Borrowers'), jointly and severally,promise to pay to Bajaj Finance Limited ('BFL' including its successors and assigns), the amount of the Loan together with the Outstanding Dues under the Personal Loan Agreement dated (the 'Agreement') entered into between the Borrower and BFL, amounting to a sum of INR (Indian Rupees ) together with interest as BFL may fix from time to time, payable with monthly rests, from the date hereof, in terms of the Agreement. I/We hereby waive the presentment for payment and noting and protest of this Demand Promissory Note. Capitalized terms used herein but not defined shall have the meaning as given to such terms under the Agreement. SIGNED AND DELIVERED by the with in named Borrower Revenue Stamp of Re. 1/- (for each Signatory) to be affixed. Sd/- Shri/Smt. Sd/- Shri/Smt. Sd/- Shri/Smt. Place: Date: LETTER OF CONTINUITY FOR DEMAND PROMISSORY NOTE To, Bajaj Finance Limited Dear Sir/Madam, I/ We, (the 'Borrowers') refer to the Demand Promissory Note for INR dated , duly signed and delivered by us to you, Bajaj Finance Limited ('BFL' including its successors and assigns), ('DPN') as security for the repayment of the amount of the Loan together with the Outstanding Dues under the Personal Loan Agreement dated (the 'Agreement') entered into between the Borrowers and BFL. I / We hereby irrevocably and unconditionally agree, confirm and undertake that:

DEMAND PROMISSORY NOTE. ON DEMANDThe Manager DBS Bank India Limited ………………. Branch Dear Sirs, On Demand I/We, We an Individual having its registered office / place of business / residence at and (the 'Borrowers')where applicable) acting through Mr. / Ms. who is duly authorized in that behalf vide Board Resolution / Resolution of members / Letter of Authority / Power of Attorney dated , jointly unconditionally and severally,irrevocably promise to pay to Bajaj Finance Limited ('BFL' including DBS Bank India Limited, or to its successors and assigns)Order, at its office / branch at the amount of the Loan together with the Outstanding Dues under the Personal Loan Agreement dated (the 'Agreement') entered into between the Borrower and BFL, amounting to a sum of INR Rs. (Indian Rupees ) together with interest as BFL may fix from time to timeany interest, payable with monthly rests, from the date hereofcharges and any other amounts demanded by DBS Bank India Limited, in relation to the Loan disbursed by DBS Bank India Limited, under the terms of the AgreementLoan Agreement dated . I/We hereby waive the presentment Presentment for payment and noting and protest of this Demand Promissory Notenote are hereby unconditionally and irrevocably waived. Capitalized terms used herein but not defined shall have I/We hereby confirm, agree and acknowledge that where there is more than one signatory hereto, the meaning as given to such terms under liability of each signatory is joint and several with the Agreementothers. SIGNED AND DELIVERED by the with in named Borrower Rs. (Rupees ) Place Date Name Please Sign Across Revenue Stamp Page 31 of Re32 AHL Aug23 V1.0 SIGNATURE CLAUSE THE BORROWER REPRESENTS AND AGREES THAT XXXXXXXX'S SIGNATURE BELOW IS IRREFUTABLE EVIDENCE THAT THE BORROWER HAS READ AND FULLY UNDERSTANDS ALL OF THE PROVISIONS OF THIS AGREEMENT. 1/- (for each Signatory) to be affixed. Sd/- Shri/Smt. Sd/- Shri/Smt. Sd/- Shri/Smt. Place: Date: LETTER THIS AGREEMENT IS EXECUTED BY THE PARTIES HERETO ON DAY OF CONTINUITY FOR DEMAND PROMISSORY NOTE To, Bajaj Finance Limited Dear Sir/Madam, I/ We, (the 'Borrowers') refer to the Demand Promissory Note for INR dated , duly signed 202 Signed and delivered by us to you, Bajaj Finance Limited ('BFL' including its successors and assigns), ('DPN'the Borrower(s) as security for the repayment Mr./Ms. X Mr./Ms. X Mr./Ms. X Mr./Ms. X In case of the amount of Borrower signing in vernacular Read over and explain to the Loan together with the Outstanding Dues under the Personal Loan Agreement dated Borrower in (the 'Agreement'concerned language to be inserted) entered into between FOR LENDER Signed and Delivered by DBS Bank India Limited Mr./Ms. X by the Borrowers and BFL. I / We hereby irrevocably and unconditionally agree, confirm and undertake that:hand of its authorised signatory

DEMAND PROMISSORY NOTE. ON DEMANDOn demand by the holder of this promissory note, I, Mr/We, and (the 'Borrowers'), Ms. jointly and severally,, unconditionally and irrevocably promise to pay to Bajaj immediately upon demand, a sum of Rs. /- (Rupees only), along with interest at % p.a with rests, for the loan availed from Reliance Commercial Finance Limited ('BFL' including its successors and assignsRCFL), the amount of the Loan together with the Outstanding Dues under the Personal Loan Agreement dated . REVENUE STAMP Rs. /- (the 'Agreement'Rupees Only) entered into between the LHT Impression / Signature across revenue stamp Co-Borrower and BFL, amounting to a sum of INR (Indian Rupees ) together with interest as BFL may fix from time to time, payable with monthly rests, from the date hereof, in terms of the Agreement. I/We hereby waive the presentment for payment and noting and protest of this Demand Promissory Note. Capitalized terms used herein but not defined shall have the meaning as given to such terms under the Agreement. SIGNED AND DELIVERED by the with in named 1: Co-Borrower Revenue Stamp of Re. 1/- (for each Signatory) to be affixed. Sd/- Shri/Smt. Sd/- Shri/Smt. Sd/- Shri/Smt. Place2: Date: Place: LETTER OF CONTINUITY FOR DEMAND PROMISSORY NOTE To, Bajaj Date: Reliance Commercial Finance Limited (“RCFL”) Reliance Centre, 6th Floor, South Wing, Xxx Xxxxxxx Xxxxxxx Xxxxxxx, Xxxxxxxxx (X), Xxxxxx - 000000 Dear SirSirs, I/Madam, I/ We, (the 'Borrowers') refer to the We have executed a Demand Promissory Note for INR Rs. /- (Rupees only) dated , duly signed and delivered by me/us to youyou as securityfor the repayment by me/us to RCFL of any sum now due or which may hereafter be or become due by me/us to RCFL by way of loans or advances, Bajaj notwithstanding the fact that the loans or advances or the account, may from time to time be reduced or extinguished or the balance in the said account brought to credit, the intention being that the said Demand Promissory Note and the security shall be a continuing security for any borrowing by us at anytime to RCFL. Yours faithfully, Borrower Co-Borrower Co-Borrower PAYMENT AUTHORISATION LETTER Date : To, Reliance Commercial Finance Limited ('BFL' including “RCFL”) Branch Dear Sirs, Sub: Payment Authorisation Letter I, S/o. have availed a Loan from RCFL on and hereby authorize RCFL to directly make payment of Rs. /- (Rupees as mentioned in my Loan application form. Only) to the Manufacturer / Dealer / Vendor I understand and agree that such disbursement is deemed as disbursement of the Loan to me. Thanking You, LHT Impression / Signature of Borrower Name: Cc to: [manufacturer & any other person] DECLARATION FOR DISBURSEMENT OF LOAN I s/o residing at , do hereby state and declare as solemn affirmation as under: I declare that the Loan availed by me vide loan agreement dated ___________ has been disbursed by RCFL to the Manufacturer/Dealer/Vendor based on my Payment Authorisation Letter, in accordance with the terms and conditions of the Loan Agreement, and the said Loan amount has been duly received by the Manufacturer/Dealer/Vendor. I declare that whatever I have stated is true and correct to the best of my knowledge and belief. Solemnly affirmed at on this the day of 20 LHT Impression / Signature of Borrower Name: Date: ILLITERATE BORROWER'S DECLARATION FORM To, (Lender), Dear Sir, This is to confirm that I was present when Shri/Shrimati* put his/her thumb impression to** . The contents of the documents were explained in @ known to the said Shri/Shrimati * in my presence. Your's Faithfully, ADDENDUM TO THE LOAN AGREEMENT This Addendum is made on this ____________________ day of ___________ at ________________________________ . BETWEEN RELIANCE COMMERCIAL FINANCE LIMITED, a non-banking finance company, within the meaning of the Companies Xxx, 0000, having CIN No.: U66010MH2000PLC128301 and having its registered office at Reliance Center, 6th Floor, South Wing, Off Western Express Highway, Santacruz (East), Mumbai 400 055, India (herein referred to as the “Lender” or “RCFL” which expression shall, unless repugnant to the context or meaning thereof, be deemed to mean and include its successors and assigns), ('DPN') as security for the repayment of the amount One Part. AND Mr./Ms ________________________________________________ having its address at _________________________ (hereinafter referred to as the "Borrower") which expression shall, unless repugnant to the context or meaning thereof, be deemed to mean and include its successors and permitted assigns) of the Loan together with Other Part; RCFL and the Outstanding Dues under the Personal borrower have entered into Loan Agreement dated along with other loan documents (herein after collectively referred as “the 'Agreement'said loan documents”) entered into between in respect of the Borrowers loan availed by the Borrower and BFL. I / We hereby irrevocably and unconditionally agree, confirm and undertake that:RCFL which is more specifically mentioned in the said loan documents.

DEMAND PROMISSORY NOTE. ON DEMANDPhoenix, I/WeArizona February 15, 2005 FOR VALUE RECEIVED, the undersigned, Health Enhancement Products, Inc., a Nevada corporation with a chief executive office at 0000 Xxxxx Xxxxx Xxxx, Xxxxx, XX and a principal place of business at 0000 X. 0xx, Xxxxx 000 Xxxxx, XX 00000 (the 'Borrowers'“Maker”), jointly and severally,promise hereby promises to pay to Bajaj Finance Limited the order of Xxxxxx X. Xxxx, an individual with a mailing address of 0000 Xxxx Xx Xxxx Xxxxxx, Xxxxxxxx Xxxxxx, Xxxxxxx 00000 ('BFL' including its successors and assigns“Holder”), the amount of the Loan together with the Outstanding Dues under the Personal Loan Agreement dated (the 'Agreement') entered into between the Borrower and BFL, amounting to a sum of INR (Indian Rupees ) together with interest all amounts advanced from time to time by the Holder to the Maker, as BFL may fix determined by Holder’s financial books and records and as specified on Schedule A hereto, as amended from time to time, payable with monthly rests, from including the amount Maker is indebted to Holder as of the date hereof, provided that if there shall be any discrepancy between Schedule A and the Holder’s financial books and records, with respect to amounts advanced by Holder to Maker, the Holder’s financial books and records shall be controlling, absent manifest error. Maker hereby authorizes Holder to endorse Schedule A hereto to reflect any further advances made by Holder to Maker. Any failure by Holder to make an endorsement on Schedule A or any error in terms connection with the making of any endorsement to Schedule A shall in no way affect the Maker’s obligation to repay the principal amount, together with interest thereon, of all advances made by the Holder to the Maker. As of the Agreementdate hereof, Maker is indebted to Holder in the aggregate amount of EIGHT HUNDRED FORTY SEVEN THOUSAND THREE HUNDRED FIFTY EIGHT AND 56/100 ($847,358.56). I/We hereby waive the presentment for payment and noting and protest of this Demand Promissory Note. Capitalized terms used herein but not defined shall have the meaning as given to such terms under the Agreement. SIGNED AND DELIVERED by the with in named Borrower Revenue Stamp of Re. 1/- (for each Signatory) to be affixed. Sd/- Shri/Smt. Sd/- Shri/Smt. Sd/- Shri/Smt. Place: Date: LETTER OF CONTINUITY FOR DEMAND PROMISSORY NOTE To, Bajaj Finance Limited Dear Sir/Madam, I/ We, (the 'Borrowers') refer Notwithstanding anything to the Demand Promissory Note for INR dated contrary contained herein, duly signed and delivered by us to you, Bajaj Finance Limited ('BFL' including its successors and assigns), ('DPN') as security for the repayment of the amount of principal due under this Note shall be equal to the Loan amount of advances actually made by the Holder to the Maker, as determined by Holder’s financial books and records, including the amount owing as of the date hereof EIGHT HUNDRED FORTY SEVEN THOUSAND THREE HUNDRED FIFTY EIGHT AND 56/100 ($847,358.56). The Maker acknowledges and agrees that the Holder shall have no obligation to make further advances to the Maker, and that any further advances shall be at Holder’s sole discretion. All outstanding principal sums shall be paid by Maker, together with interest on the Outstanding Dues under the Personal Loan Agreement dated (the 'Agreement') entered into between the Borrowers and BFL. I / We hereby irrevocably and unconditionally agreeunpaid principal amount from time to time outstanding, confirm and undertake that:as set forth below.

DEMAND PROMISSORY NOTE. ON DEMANDOn demand by the holder of this promissory note, I, Mr./Ms. jointly and severally, unconditionally and irrevocably promise to pay immediately upon demand, a sum of Rs. /- (Rupees only), along with interest at % p.a annualized interest with rests, for the loan availed from Reliance Commercial Finance Limited (RCFL). Revenue Stamp Rs. /- (Rupees only), LHT Impression / Signature across revenue stamp Co-Borrower 1: Co-Borrower 2: Date: Place: PAYMENT AUTHORISATION LETTER Date: To, Reliance Commercial Finance Limited (“RCFL”) Branch Dear Sir, Sub: Payment Authorisation Letter I, , S/o./ D/o. , have availed a Loan from RCFL on and hereby authorize RCFL to directly make payment of Rs._______________/- (Rupees _______________________________________________________ Only) to the Manufacturer/Dealer/ Vendor as mentioned in my Loan application form. I understand and agree that such disbursement is deemed as disbursement of the Loan to me. Thanking You, Name: Cc to: [manufacturer & any other person] LHT Impression / Signature of Borrower DECLARATION FOR DISBURSEMENT OF LOAN I s/o , residing at , do hereby state and declare as solemn affirmation as under: I declare that the Loan availed by me vide loan agreement dated has been disbursed by RCFL to the Manufacturer/Dealer/Vendor based on my Payment Authorization Letter, in accordance with the terms and conditions of the Loan Agreement, and the said Loan amount has been duly received by the Manufacturer/Dealer/Vendor. I declare that whatever I have stated is true and correct to the best of my knowledge and belief. Solemnly affirmed at on this the day of 20 Name: LHT Impression/Signature of Borrowers Date: Cheque Submission Form (Office copy) We request you to follow the instructions given below which are very critical since you are handing over the Post dated cheques as repayment of the loan you have availed. Important Instructions: • Cheque should be crossed as “Account Payee only” • Cheque should be drawn in favour of “Reliance Commercial Finance Limited” Only. • Ensure that all the corrections are countersigned. • Amount in Figures and Words should be the same. Cheque Details Sr. No Cheque Numbers No. of Cheques Date of Cheque Bank & Branch Amount of each Cheque From To From To 5 I/We declare that, I/We, and (We have read all the 'Borrowers'), jointly and severally,promise to pay to Bajaj Finance Limited ('BFL' including its successors and assigns), the amount of the Loan together with the Outstanding Dues under the Personal Loan Agreement dated (the 'Agreement') entered into between the Borrower and BFL, amounting to a sum of INR (Indian Rupees ) together with interest as BFL may fix from time to time, payable with monthly rests, from the date hereof, in terms of the Agreementinstructions carefully. I/We hereby waive further declare that I/We have not given any cheques, other than the presentment one's mentioned above and RCFL will not be responsible for payment and noting and protest cheques left blank or drawn in favour of this Demand Promissory Note. Capitalized terms used herein but not defined shall have any name other than the meaning as given to such terms one mentioned above under the Agreementheading “Important Instructions”. SIGNED AND DELIVERED by Received By: LHT Impression / Signature of Borrower Name of Executive (1) (2) (3) LHT Impression / Signature of Co- Borrower/s I/We declare that, I/We have read all the with instructions carefully. I/We further declare that I/We have not given any cheques, other than the one's mentioned above and RCFL will not be responsible for cheques left blank or drawn in named favour of any name other than the one mentioned above under the heading “Important Instructions”. Received By: LHT Impression / Signature of Borrower Revenue Stamp Name of Re. 1/- Executive Cheque Submission Form (for each SignatoryCustomer copy) We request you to be affixed. Sd/- Shri/Smt. Sd/- Shri/Smt. Sd/- Shri/Smt. Place: Date: LETTER OF CONTINUITY FOR DEMAND PROMISSORY NOTE To, Bajaj Finance Limited Dear Sir/Madam, I/ We, (follow the 'Borrowers') refer to instructions given below which are very critical since you are handing over the Demand Promissory Note for INR Post dated , duly signed and delivered by us to you, Bajaj Finance Limited ('BFL' including its successors and assigns), ('DPN') cheques as security for the repayment of the amount loan you have availed. Important Instructions: • Cheque should be crossed as “Account Payee only” • Cheque should be drawn in favour of “Reliance Commercial Finance Limited” Only. • Ensure that all the Loan together with corrections are countersigned. • Amount in Figures and Words should be the Outstanding Dues under the Personal Loan Agreement dated (the 'Agreement') entered into between the Borrowers and BFLsame. I / We hereby irrevocably and unconditionally agree, confirm and undertake that:Cheque Details Sr. No Cheque Numbers No. of Cheques Date of Cheque Bank & Branch Amount of each Cheque From To From To 4