Request for Extension of Time on Promissory Note

About this template:

This particular legal document or agreement of assignment is used to assist in dealing with a request for extension of time . See other legal documents that you may be interested in at https://www.templateguru.co.za/templates/legal/

Excerpt:

REQUEST FOR EXTENSION OF TIME Dear [CONTACT NAME] According to the terms and conditions of the promissory note we signed on [DATE] we are obligated to tender payment in the amount of [AMOUNT] to you on [DATE]. I have just been informed that funds that were to be paid to us prior to the due date on the note have been delayed. needless to say this comes as a great disappointment to us. I have been assured however that these funds will be in our possession by [DATE]. I am requesting that the due date on the promissory note be extended for a period of [PERIOD] and just consideration for said extension be suggested by you. I will look forward to your early response.

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