REVOLVING DEMAND NOTERevolving Demand Note • July 29th, 2010 • Chembio Diagnostics, Inc. • Pharmaceutical preparations
For value received, the undersigned Chembio Diagnostic Systems Inc., a Delaware corporation, with an address of 3661 Horseblock Rd, Medford, New York11763 (the "Borrower"), promises to pay to the order of HSBC Bank USA, National Association, a bank organized under the laws of the United States of America with an address of One HSBC Center, 18th Floor, Buffalo, New York 14203 (together with its successors and assigns, the "Bank"), ON DEMAND, the principal amount of Two Hundred Fifty Thousand Dollars and Zero Cents ($250,000.00) or, if less, such amount as may be the aggregate unpaid principal amount of all loans or advances made by the Bank to the Borrower pursuant hereto, together with interest from the date hereof on the unpaid principal balance from time to time outstanding until paid in full. The aggregate principal balance outstanding shall bear interest thereon at a per annum rate equal to One-Quarter Percent (.25%) above the Prime Rate (as hereinafter defined). All accrued and un
REVOLVING DEMAND NOTERevolving Demand Note • August 20th, 2018 • Jetblack Corp • Retail-jewelry stores
FOR VALUE RECEIVED, Jetblack Corp., a Nevada corporation (“Maker”), hereby promises to pay to the order of Daniel A. Goldin (as successor-in-interest to Securities Compliance Group, Ltd.) (“Lender”), on demand, the sum of Twenty-Five Thousand and 00/100 Dollars ($25,000.00) or so much of that sum as may be advanced under this Revolving Demand Note (this “Note”), at the place and in the manner hereinafter provided, together with interest from the date hereof on the balance of principal remaining from time to time unpaid at an annual rate (“Loan Rate”) equal to nine and one-half percent (9.5%). The Loan Rate shall (a) be computed on the basis of a year consisting of 360 days, and (b) be charged for the actual number of days within the period for which interest is being charged.
