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Promissory Note

The letter requests a 20-day extension for payment of an outstanding amount and two months' advance deposit due to financial difficulties post-pandemic. It serves as a promissory note for payment by February 5, 2022, and expresses gratitude for the long-term business relationship. The sender seeks understanding and support from the recipient in this matter.

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Joey Koh
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10 views

Promissory Note

The letter requests a 20-day extension for payment of an outstanding amount and two months' advance deposit due to financial difficulties post-pandemic. It serves as a promissory note for payment by February 5, 2022, and expresses gratitude for the long-term business relationship. The sender seeks understanding and support from the recipient in this matter.

Uploaded by

Joey Koh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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To whom it may concern,

We are writing this letter with reference to the amount due and the two (2) months advance
deposit required from us. We are asking for a twenty days (20) extension to make the payment
stipulated in the statement of account given to us. Furthermore, may this letter serve as a
promissory note that we will make the payment for the amount due for February as mentioned and
that we seek ample time for the two (2) months advance payment. Also, in a previous attempt to re-
negotiate that the additional increase in rental rate be waived. Since we are all recovering from the
pandemic and are rebuilding business and finances.

We honor and are grateful for the long-term business relation over the many years and will still love
to continue that relationship. With your help and partnership, it would be of big help to
acknowledging this request.

We promise to pay (paki lagay name ng payee) in the sum of(amount) within 20 days of the given
due date February 5, 2022.

Regards

President

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