The Promissory Note is made out and payable in the currency of the instalment.

Prior to an eventual transfer of the Promissory Note by the Fund, a notice will be given to the Borrower by the Fund.

The payment of the due amount stipulated on the Promissory Note releases the Borrower from its obligations as defined in Article 3 above.

In order to mobilise the loan, the Borrower shall send to the Fund in due time a Promissory Note corresponding to each instalment (Appendix 3).

2) liabilities under the promissory notes accepted by the association "Himmashexport" kept in custody with Vnesheconombank

Wages payable in money shall be paid only in legal tender, and payment in the form of promissory notes, vouchers or coupons, or in any other form alleged to represent legal tender, shall be prohibited.

(8) For the purposes of this Article, the interest shall comprise the income arising from all types of claims regardless of whether they are collateralised with a mortgage and regardless of whether they have the right to participate in the debtor` s profit, and in particular the income from the general government securities and the income from bonds or promissory notes, including premiums and bonuses belonging to such securities, bonds and promissory notes.

Mortgage-backed promissory notes:

Discounting or acquisition of bills of exchange and promissory notes

Claims related to promissory notes backing the issuance ofECB debt certificates

Claims related to promissory notes backing the issuance of ECB debt certificates

Only an ECB balance sheet item Promissory notes issued by NCBs, due to the back-to-back agreement in connection with ECB debt certificates

the total amount of any assistance thus provided shall not exceed the total amount of cash disbursed and promissory notes issued by that country for its shares.

For subscriptions other than those described in paragraphs 1, 2 and 3 of this Article, payments by a member in respect of subscription to paid-in shares in the authorized capital stock shall be made in ecu, in United States dollars or in Japanese yen whether in cash or in promissory notes or in other obligations.

Any distribution referred to in the preceding paragraph shall be made in proportion to the number of paid-in shares held by each member, provided that in calculating such number account shall be taken only of payments received in cash and promissory notes encashed in respect of such shares on or before the end of the relevant financial year.

Fifty (50) per cent of payment of each instalment pursuant to paragraph 1 of this Article, or by a member admitted in accordance with paragraph 2 of Article 3 of this Agreement, may be made in promissory notes or other obligations issued by such member and denominated in ecu, in United States dollars or in Japanese yen, to be drawn down as the Bank needs funds for disbursement as a result of its operations.

promissory notes and other liabilities evidenced by paper, and

to make payment by means of bills of exchange including promissory notes;

each of loans and advances, deposits and acceptances and promissory notes;

to give security by means of bills of exchange including promissory notes and cheques,

Debt securities issued by the same institution and liabilities arising out of own acceptances and promissory notes.

be familiar with the laws and practices regarding the use of cheques, bills of exchange, promissory notes, credit cards and other means or method of payment;

The enterprise shall encash such amounts of the promissory notes as may be required to meet the expenditure referred to in the schedule with respect to interest-free loans.

intra-Eurosystem liabilities of NCBs arising from the issue to the ECB of promissory notes backing the issuance of ECB debt certificates under Chapter 3.3 of Annex I to Guideline ECB/2000/7 (liability item 10.2 of the HBS);

This item shall include both debt securities and debts for which negotiable certificates have been issued, in particular deposit receipts, «bons de caisse» and liabilities arising out of own acceptances and promissory notes.

Whereas those Member States which permit consumers to use bills of exchange, promissory notes or cheques in connection with credit agreements should ensure that the consumer is suitably protected when so using such instruments;

after payment of (a) and (b) above, the remaining 40 per cent shall be evidenced by Members by the deposit of irrevocable, non-negotiable, non-interest-bearing promissory notes, and shall be paid as and when decided by the executive board.

Each State Party shall, within 60 days after the entry into force of this Convention, or within 30 days after the deposit of its instrument of ratification or accession, whichever is later, deposit with the enterprise irrevocable, non-negotiable, non-interest-bearing promissory notes in the amount of the share of such State Party of interest-free loans pursuant to subparagraph (b).

Finally, it emerged that the Financial Institutions Development Fund (FIDF), a public agency of the Government, is responsible, among other things, for 'helping depositors of financial institutions whose licences have been revoked by issuing FIDF promissory notes in exchange for the promissory notes of those companies'.

Two years after the payment provided for in subparagraph (a) above, deposit with the Fund irrevocable, non-negotiable, non-interest-bearing promissory notes in an amount of 40 per cent of its total subscription of paid-in shares.

after payment of (a) arid (b) above, the remaining 40 per cent shall be evidenced by Members by the deposit of irrevocable, non-negotiable, non-interest-bearing promissory notes, and shall be paid as and when decided by the executive board.

Such notes shall be encashed as and when decided by the executive board by a qualified majority, having due regard to the operational needs of the Fund, except that the promissory notes in respect of shares allocated to the second account shall be encashed as and when decided by the executive board.

One year after the payment provided for in subparagraph (a) above, pay 20 per cent of its total subscription of paid-in shares and deposit with the Fund irrevocable, non-negotiable, non-interest-bearing promissory notes in an amount of 10 per cent of its total subscription of paid-in shares.