0001099910-24-000039 Sample Contracts

STANDARD PROMISSORY NOTE
Akanda Corp. • January 18th, 2024 • Medicinal chemicals & botanical products
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PROMISSORY NOTE
Akanda Corp. • January 18th, 2024 • Medicinal chemicals & botanical products

This Note may be prepaid in whole or in part at any time. Any payments received by the Holder on account of this Note shall be applied first to accrued and unpaid Interest and then to the unpaid Principal balance hereunder. Any and all payments by or on account of any obligation of the Debtor hereunder shall be made free and clear of and without deduction or withholding for any Tax excepted as required by the law. If the Debtor is required by the law to deduct or withhold any Taxes from such payments then the Debtor shall make such deductions or withholdings and timely pay the full amount deducted or withheld to the Governmental Authority in accordance with the law.

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