Promissory Note Agreement between Intellisense Solutions Inc. and TRIUS HOLDINGS LIMITED

Contract Categories: Business Finance Note Agreements
Summary

Intellisense Solutions Inc. agrees to repay TRIUS HOLDINGS LIMITED a loan of $11,000 with 8% annual interest. The full amount, including interest, is due by June 30, 2018. Payment will be made by wire transfer to TRIUS HOLDINGS LIMITED in Mauritius. Intellisense Solutions Inc. waives certain formalities related to payment demands and notices, remaining fully responsible for repayment under the terms of this note.

EX-10.8 7 inll_ex108.htm PROMISSORY NOTE inll_ex108.htm

EXHIBIT 10.8

 

PROMISSORY NOTE AGREEMENT

 

Loan Amount: $11,000

United States Dollars

Due: July 6, 2018

 

  

For value received, being USD$11,000, the undersigned, Intellisense Solutions Inc., promises to pay to TRIUS HOLDINGS LIMITED (“Holder”), the sum of Eleven Thousand United States Dollars (USD$11,000), with interest on so much of the Principal Sum as shall from time to time remain unpaid, at a rate which is eight percent (8%) percent per annum calculated annually after the Principal Sum is advanced to the undersigned, payment to be made by money wire payable to and delivered to TRIUS HOLDINGS LIMITED , Office 009, Ebene Junction, Rue de la Democratie Ebene, Republic of Mauritius (the “Principal Amount” and interest herein collectively referred to from time to time as the “Secured Moneys”).

 

The whole of the Secured Moneys shall be paid to the Holder on or before June 30, 2018

 

The undersigned herein waives presentment, demand, notice of dishonor and protest or further notice of any kind and agrees that it shall remain liable in respect of this Note as if presentment, demand, notice of dishonor and protest had been duly made or given.

 

Dated this 6th day of June, 2017.

 

 

Intellisense Solutions Inc.