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1. Title: Clear identification as 'Payable On Demand Promissory Note'
2. Place and Date of Execution: Location and date where the promissory note is issued
3. Promise to Pay: Unconditional promise to pay a specified sum
4. Payment Amount: The sum payable written in both numbers and words
5. Beneficiary Details: Full name and details of the person to whom or to whose order the payment is to be made
6. Issuer Details: Full name, address, and details of the person issuing the promissory note
7. Payment Terms: Specification that the note is payable on demand
8. Governing Law: Statement that the note is governed by UAE law
1. Place of Payment: Specific location where payment should be made - include if different from the beneficiary's address
2. Interest Clause: Details of any applicable interest - include only if interest is to be charged and ensuring compliance with UAE interest rate regulations
3. Security Details: Description of any security or collateral - include if the note is secured
4. Witness Details: Names and signatures of witnesses - recommended but not mandatory under UAE law
1. Security Documentation: If applicable, details of any security or collateral provided
2. Corporate Authorization: If the issuer is a company, board resolution or power of attorney authorizing the issuance of the promissory note
Banking and Financial Services
Real Estate
Construction
Manufacturing
Trading and Commerce
Professional Services
Retail
Technology
Healthcare
Education
Legal
Finance
Treasury
Credit Control
Accounts
Risk Management
Compliance
Commercial Operations
Corporate Secretariat
Chief Financial Officer
Finance Manager
Treasury Manager
Credit Controller
Financial Controller
Legal Counsel
Corporate Lawyer
Accounts Manager
Business Development Manager
Risk Manager
Commercial Director
Company Secretary
Compliance Officer
Contract Manager
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