Purchase Money Promissory Note and Security Agreement Sample Contracts

PURCHASE MONEY PROMISSORY NOTE AND SECURITY AGREEMENT

Purchase Money Promissory Note and Security Agreement • November 21st, 2011 • General Aircraft Inc.

• Contract Type
  Purchase Money Promissory Note and Security Agreement
• Filed
  November 21st, 2011
• Company
  General Aircraft Inc.

For good and valuable consideration, General Aircraft, Inc., a Nevada corporation, (“Maker”), hereby makes and delivers this Purchase Money Promissory Note and Security Agreement (this “Note”) in favor of Western Intermountain Holdings Trust, or its assigns (“Holder”), and hereby agrees as follows: