Intercompany Promissory Note - Northwind Holdings LLC.pdf

Intercompany Promissory Note · filed January 2, 2024 · 4 pages · deal: Intercompany Loan: Northwind Holdings LLC
Page 1
Promissory note

Northwind Holdings LLC ("Borrower") promises to pay to Northwind Family LP ("Lender") the principal sum of Two Million Dollars ($2,000,000.00)

Read for: Loan Amount - Total

2. Interest accrues at 4.40% per annum, fixed for the term

Read for: Rate

3. All principal and accrued interest are due on January 2, 2034

Read for: Original Maturity Date

2(b) Interest is payable annually on December 31

Read for: Interest Payment Frequency · Payment Due Dates · Last Expected Payment Date · Next Expected Payment Date

3. Principal is payable in full on the Maturity Date

Read for: Principal Payment Frequency

2(b) Interest for each calendar year ($88,000.00 at the stated rate) is payable on December 31

Read for: Last Expected Payment ($) · Next Expected Payment ($)
Page 2
4. Prepayment

4. Borrower may prepay all or part of the principal at any time without premium

Read for: Prepayment Terms

5. This Note is an unsecured obligation of the Borrower

Read for: Collateral

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