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Document Id : 8957
File Type : Microsoft Word
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Film Production Promissory Note with Guarantee
Secure repayment of funds invested in a motion picture project with this Film Production Promissory Note with Guarantee.
- If the producers default in repayment, the entire amount of principal and interest secured by the Note will become immediately due.
- Interest on overdue amounts will increase to a higher rate, or to the maximum legal rate (If higher).
- The guarantor executing the Note guarantees repayment of the full amount of the outstanding debt if the maker of the Note defaults.
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