Non Recourse Promissory Note Template for Ireland

1. Prepayment Terms: Include when early payment options are allowed, specifying any penalties or conditions

2. Security Interest: Include when additional documentation of security interest in collateral is needed

3. Transfer and Assignment: Include when the note needs to be transferable or when assignment restrictions are required

4. Tax Provisions: Include when specific tax treatments or obligations need to be addressed

5. Currency Conversion: Include for international transactions or when payments may be made in different currencies

6. Notice Requirements: Include when specific notification procedures for defaults or other events need to be detailed

1. Schedule A - Collateral Description: Detailed inventory or description of the specific assets serving as collateral

2. Schedule B - Payment Schedule: Amortization table or detailed payment schedule if installment payments are involved

3. Schedule C - Collateral Valuation: Initial valuation of collateral assets and any agreed periodic revaluation requirements

4. Appendix 1 - Defined Terms: Definitions of key terms used in the note, if needed for clarity

5. Appendix 2 - Form of Notice: Standard forms for any required notices under the note