Promissory Note with Monthly Payments, Compound Interest | Canada

When you lend money, be sure you get paid back. Get the borrower to sign this Promissory Note form for Canada.

• This is a Canadian legal form that can be used anywhere in Canada. Quebec law may require a French language version.
• The borrower agrees to repay the debt in equal monthly payments of combined principal and interest, with the balance due on the maturity date specified in the Note.
• The borrower has the option to prepay the outstanding balance at any time without penalty. No early payment fee or premium will be charged.
• Available in MS Word format. Editable and reusable.

Prepare the Annual Resolutions of the shareholders and directors of a Canadian business corporation with this package of forms.

• In small privately held corporations, it is common to pass Resolutions instead of holding a formal annual meeting, to deal with all the business that must be covered in the corporation's annual meeting.
• This package is a convenient time-saver for corporate lawyers and paralegals. It contains the following template forms:

1. 1. Resolution of the directors appointing the corporate officers and approving the financial statements.
   2. Resolution of the voting shareholders approving the financials and electing the directors.
   3. Resolution of all of the shareholders appointing auditors or waiving the audit requirement.
   4. Cover letter to be sent by a law firm to its corporate clients, enclosing the forms and giving instructions to the client.

• This package of Canada Annual Resolutions Forms can be used for federal companies and in Alberta, British Columbia, Saskatchewan, Ontario, New Brunswick, Nunavut, Yukon and Northwest Territories. French language translation required for Quebec.

Canadian lenders can use this downloadable Loan and Charging Agreement to prepare loan documents for a borrower.

• The template includes both the Loan Agreement and a promissory note for the principal amount of the loan plus interest.
• The borrower agrees to register an encumbrance against title to real estate owned by the borrower, as collateral security for the loan.
• If the borrower defaults in repaying the loan, title to the property will be transferred to the lender.
• Available in MS Word format.
• Intended to be used only in Canada.

The directors of a Canadian corporation can change its registered office by passing this Directors Resolution.

• The corporation's Board of Directors resolves to change the registered office from its current location to a new location.
• The corporate secretary is authorized to file the appropriate form of Notice with the applicable registry.
• The template can be used by any Canadian corporation formed under a Business Corporations Act, either federally or provincially. English version not valid in Quebec.
• Available as a fully editable download in MS Word format.
• Intended to be used only within Canada.

Secure the repayment of a loan with this Term Promissory Note template for Canada.

• The Note allows the borrower to repay the loan amount in regular payments of blended principal and interest.
• The interest is calculated monthly and compounded yearly.
• This is a reusable legal form. Buy it, download it, re-use it as often as you require.
• Available in MS Word format.
• Intended for use only in Canada.