Home Contract Samples P Promissory Note Extension

Jump to Section

Quick Facts — Promissory Note Extension Lawyers

What is a Promissory Note Extension?

A promissory note extension is a legal document allowing an extension on the borrower’s period in paying back a loan. For example, if a borrower has problems paying back their loan, or if the lender is asking for less time to repay it, the borrower can request an extension of their promissory notes.

A promissory note extension will involve renegotiating the terms and conditions of the original contract with the bank so that both parties are satisfied with the outcome. The borrower may need to provide additional financial information about yourself or your business, depending on what type of debt you have. If approved by the lender, this arrangement will allow the borrower to continue using the lender’s funds until they've been repaid.

Promissory Note Templates

Purchase and download templates drafted by lawyers in our network that match your needs.
Template Simple Promissory Note
Texas Private Money Secured Promissory Note
Template Commercial Promissory Note
NY Promissory Note Unsecured
Template Vehicle Promissory Note
Promissory Note Template (Attorney-Drafted)
*By purchasing a template, you acknowledge that you have read and understood ContractsCounsel's Terms of Use.

Promissory Note Extension Sample

 


 

EXTENSION OF MATURITY DATE FOR

PROMISSORY NOTE

 

This Extension of Maturity Date for Promissory Note (the “Extension”) dated February 19, 2015, is entered into by and between CareView-Saline, LLC, a Wisconsin limited liability company (“Maker”) and Rockwell Holdings I, LLC (“Holder”) (collectively known as the “Parties”).

 

WHEREAS, the pursuant to a certain Master Investment Agreement entered into by the Parties on November 16, 2009, Maker issued to Holder a Promissory Note in the principal amount of $109,230with respect to the Project (as defined in the Master Investment Agreement) for the Saline Memorial Hospital,

 

WHEREAS, the Promissory Note has a maturity date of three years from the date payments commenced thereunder, which would make the maturity date of the Promissory Note August 30, 2013,

 

WHEREAS, the maturity date of the Promissory Note was subsequently extended to December 31, 2013, then to June 30, 2014, and then to June 30, 2015,

 

WHEREAS, the Parties have mutually agreed to extend the maturity date to June 30, 2016,

 

NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, the Parties hereby enter into this Extension as follows:

 

1.    Extension of Maturity Date for Promissory Note: The Parties agree to extend the maturity date of the Promissory Note to June 30, 2016 (the “Extended Maturity Date”).

 

2.    Other Provisions of the Promissory Note: The Parties agree that all other provisions of the Promissory Note will remain in full force and effect other than the Extended Maturity Date.

 

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the day and year first above written.

  

CAREVIEW-SALINE, LLC   ROCKWELL HOLDINGS I, LLC
         
By:  /s/ Steve Johnson   By:  /s/ Matt Bluhm
  Steve Johnson     Matt Bluhm
  Manager     Managing Member

 



Reference:
Security Exchange Commission - Edgar Database, EX-10.143 5 ex10-143.htm EXTENSION OF MATURITY DATE - SALINE, Viewed January 27, 2022, View Source on SEC.

Who Helps With Promissory Note Extensions?

Lawyers with backgrounds working on promissory note extensions work with clients to help. Do you need help with a promissory note extension?

Post a project in ContractsCounsel's marketplace to get free bids from lawyers to draft, review, or negotiate promissory note extensions. All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring.

See Real Promissory Note Agreement Projects

New Jersey Set up loan contract / promissory note on a personal loan with equity in property as collateral Drafting
  • New Jersey
  • 3 lawyer bids
  • $700 - $1,800
View Details
Washington Promissory note for borrowing money Drafting
  • Washington
  • 3 lawyer bids
  • $300 - $1,200
View Details
Georgia Help Reviewing Promissory Note for Loan Review
  • Georgia
  • 4 lawyer bids
  • $350 - $599
View Details
California Create Promissory Note Drafting
  • California
  • 8 lawyer bids
  • $350 - $750
View Details
Massachusetts IRS Compliance Review of Promissory Note and loan agreement Review
  • Massachusetts
  • 5 lawyer bids
  • $350 - $700
View Details
New Jersey Draft Promissory Note for a loan Drafting
  • New Jersey
  • 8 lawyer bids
  • $250 - $1,200
View Details

See all Promissory Note Agreement projects


ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.


Need help with a Promissory Note Extension?

Create a free project posting
Clients Rate Lawyers 4.9 Stars
based on 21,998 reviews

Meet some of our Promissory Note Extension Lawyers

Max M. on ContractsCounsel
View Max
4.9 (25)
Member Since:
July 12, 2021

Max M.

Business Attorney
Free Consultation
Baltimore, Maryland
19 Yrs Experience
Licensed in MD
Georgetown University Law Center

Business attorney with a focus on the health care sector, bringing Biglaw experience in multi-million dollar mergers and acquisitions, financings, and general corporate counsel work to the small firm space. I now help startups and growing companies access the same level of sophistication and strategic guidance typically reserved for large institutions.

Recent  ContractsCounsel Client  Review:
5.0

"Overall, Max M. did a great job compiling the demand letter. He was very thorough in requesting documentation, responding to questions promptly, and producing the letter. He provided reasonable explanations for the tone that he used along with recommendations for when to send it and what to demand. Additionally, he was very responsive and updated the draft promptly after feedback was provided. There were some minor grammatical errors present, but as Max M. provided me with a word document, I was able to easily rectify those."

Sarah T. on ContractsCounsel
View Sarah
5.0 (31)
Member Since:
January 12, 2025

Sarah T.

Attorney
Free Consultation
Fort Worth, Tx
16 Yrs Experience
Licensed in TX
Texas Wesleyan University School of Law

Sarah has been practicing law since 2010. Prior to becoming an attorney, Sarah worked in the insurance industry for 5 years. Sarah's practice includes civil litigation, contracts, and family matters.

Recent  ContractsCounsel Client  Review:
5.0

"Sarah was extremely knowledgeable and helpful! Well worth the money!"

Drew B. on ContractsCounsel
View Drew
4.6 (10)
Member Since:
July 1, 2021

Drew B.

Managing Member
Cleveland, Ohio
28 Yrs Experience
Licensed in MO, OH
Saint Louis University

Drew is an entrepreneurial business attorney with over twenty years of corporate, compliance and litigation experience. Drew currently has his own firm where he focuses on providing outsourced general counsel and compliance services (including mergers & acquisitions, collections, capital raising, real estate, business litigation, commercial contracts and employment matters). Drew has deep experience counseling clients in healthcare, medical device, pharmaceuticals, information technology, manufacturing, and services.

Recent  ContractsCounsel Client  Review:
4.7

"Hired for a settlement contract to be written out in legal manner. Ammended contract as well to add clauses that we had not written.Efficient, professional. Said the time-frame would be about 4 business days and he did deliver on that in fact worked through the weekend and mlk day. Offered one final revision as well as a call to finalize language of contract. The final document delivery was more than we expand also he went above and beyond to deliver extra documents we may need. Would highly recommend."

Joseph B. on ContractsCounsel
View Joseph
5.0 (2)
Member Since:
July 28, 2023

Joseph B.

Solo Practitioner
Free Consultation
Lebanon, IN
3 Yrs Experience
Licensed in IN, MO
Mitchell Hamline School of Law

I am an attorney licensed in Indiana. I currently work primarily on civil litigation, landlord/tenant matters, and adoption cases. I have over 10 years of labor relations experience, including negotiations, labor contract enforcement, and arbitration experience. I also work with several non-profit groups representing LGBTQ+ groups and indigent clients in housing matters.

Recent  ContractsCounsel Client  Review:
5.0

"Joseph gave me a great deal on a detailed lease with everything I needed included. Would definitely recommend!"

Ralph S. on ContractsCounsel
View Ralph
5.0 (69)
Member Since:
October 31, 2021

Ralph S.

Business, contract, prenup and startups Attorney
Free Consultation
Gainesville FL
15 Yrs Experience
Licensed in DC, FL, MA
University of Florida Levin College of Law

Ralph graduated from University of Florida with his JD as well as an LLM in Comparative Law. He has a Master's in Law from Warsaw University , Poland (summa cum laude) and holds a diploma in English and European Law from Cambridge Board of Continuous Education. Ralph concentrates on business entity formation, both for profit and non profit and was trained in legal drafting. In his practice he primarily assists small to medium sized startups and writes tailor made contracts as he runs one of Florida disability non profits at the same time. T l Licensed. in Florida Massachusetts and Washington DC this attorney speaks Polish.

Recent  ContractsCounsel Client  Review:
5.0

"Ralph was excellent to work with. He was prompt, personable, and communicated with me every step of the way. Highly recommend!"

Harry S. on ContractsCounsel
View Harry
5.0 (1)
Member Since:
July 27, 2021

Harry S.

Director
Free Consultation
London
12 Yrs Experience
Licensed in NY
BPP

Stirk Law is a law firm based in London that advises on dispute resolution, commercial and corporate arrangements, employment and private wealth. We are experts in our areas and experienced in advising on complex and high value matters in the UK and internationally.

JOSEPH L. on ContractsCounsel
View JOSEPH
4.8 (16)
Member Since:
July 26, 2021

JOSEPH L.

Attorney
Free Consultation
Stratford, CT
43 Yrs Experience
Licensed in CT
Southwestern University School of Law

Mr. LaRocco's focus is business law, corporate structuring, and contracts. He has a depth of experience working with entrepreneurs and startups, including some small public companies. As a result of his business background, he has not only acted as general counsel to companies, but has also been on the board of directors of several and been a business advisor and strategist. Some clients and projects I have recently done work for include hospitality consulting companies, web development/marketing agency, a governmental contractor, e-commerce consumer goods companies, an online apps, a music file-sharing company, a company that licenses its photos and graphic images, a video editing company, several SaaS companies, a merchant processing/services company, a financial services software company that earned a licensing and marketing contract with Thomson Reuters, manufacturing companies, and a real estate software company.

Recent  ContractsCounsel Client  Review:
5.0

"Excellent work by Joseph! Efficient, Timely, and very responsive. I'm very happy with his work. Thank you!"

Find the best lawyer for your project

Browse Lawyers Now

Lawyer Reviews for Promissory Note Extension Projects

Create Promissory Note

5.0

"Thank you for the prompt responses and timely completion of the project"

California
Drafting
Promissory Note Agreement
ContractsCounsel User

Review Promissory Note - RE rezoning project

5.0

"Clear communication. Delivered before time."

California
Review
Promissory Note Agreement
ContractsCounsel User

Secure Promissory Note for loans provided to Comet Skateboards, Inc

5.0

"Great work! (I do not want my review to be public)"

California
Drafting
Promissory Note Agreement
ContractsCounsel User

Promissory Note litigation

5.0

"Great advice"

California
Drafting
Promissory Note Agreement
ContractsCounsel User

Draft and structure secure loan agreement(Personal Guarantee+ collateral)

5.0

"Pretty much finished up with the project, aside from some finishing touches. I have to say, Michael did a great job. He worked patiently with me through any irregularities or confusion. What I appreciated most was that his vision was to get me the best results, ensuring a secure structure and a solid investment. I really appreciate his work and help."

Florida
Drafting
Promissory Note Agreement
ContractsCounsel User

Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.

View Trustpilot Review

Need help with a Promissory Note Extension?

Create a free project posting
Clients Rate Lawyers 4.9 Stars
based on 21,998 reviews
Financial lawyers by top cities
See All Financial Lawyers
Promissory Note Extension lawyers by city
See All Promissory Note Extension Lawyers

ContractsCounsel User

Recent Project:
Set up loan contract / promissory note on a personal loan with equity in property as collateral
Location: New Jersey
Turnaround: A week
Service: Drafting
Doc Type: Promissory Note Agreement
Number of Bids: 3
Bid Range: $700 - $1,800
User Feedback:
.

ContractsCounsel User

Recent Project:
Promissory note for borrowing money
Location: Washington
Turnaround: Less than a week
Service: Drafting
Doc Type: Promissory Note Agreement
Number of Bids: 3
Bid Range: $300 - $1,200
User Feedback:
John went above and beyond!

Need help with a Promissory Note Extension?

Create a free project posting
Clients Rate Lawyers 4.9 Stars
based on 21,998 reviews

Want to speak to someone?

Get in touch below and we will schedule a time to connect!

Request a call

Find lawyers and attorneys by city