Common Contracts
2 similar Promissory Note contracts by Biovest International Inc
PROMISSORY NOTEPromissory Note • May 13th, 2011 • Biovest International Inc • Pharmaceutical preparations
Biovest International, Inc. a Delaware corporation, (the “Borrower”), and JMS Holdings, LLC, a Minnesota limited liability company (the “Accommodation Party” and together with the Borrower, the “Maker”), for value received, hereby promises to pay to the City of Coon Rapids (the “City”) or its assigns (the City and any assigns are hereinafter referred to as the “Holder”), at its designated principal office or such other place as the Holder may designate in writing, the principal sum of Two Hundred Fifty Thousand and No/100 Dollars ($250,000) or so much thereof as may be advanced under this Note, with interest as hereinafter provided, in any coin or currency which at the time or times of payment is legal tender for the payment of private debts in the United States of America. The principal of this Note is payable in installments due as follows:
PROMISSORY NOTEPromissory Note • May 13th, 2011 • Biovest International Inc • Pharmaceutical preparations
Biovest International, Inc. a Delaware corporation, (the “Borrower”) and JMS Holdings, LLC, a Minnesota Limited Liability Company (the “Accommodation Party”) together with the Borrower (the “Maker”), for value received, hereby promises to pay to the Economic Development Authority in and for the City of Coon Rapids (the “EDA”) or its assigns (the EDA and any assigns are hereinafter referred to as the “Holder”), at its designated principal office or such other place as the Holder may designate in writing, the principal sum of one hundred three thousand and No/100 Dollars ($103,000) or so much thereof as may be advanced under this Note, with interest as hereinafter provided, in any coin or currency which at the time or times of payment is legal tender for the payment of private debts in the United States of America. The principal of this Note is payable in installments due as follows:
