Promissory Note Template Page 22

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PLEASE NOTE THAT ITEMS HIGHLIGHTED IN YELLOW MAY BE VARIABLE BETWEEN
PROMISSORY NOTES, DEPENDING ON THE COMMERCIAL TERMS SET OUT
33.1
The Promissory Note and the Deed of Guarantee may be executed in any number of
counterparts and by the parties on separate counterparts, each of which when so executed
shall be deemed an original, but all counterparts shall together constitute one and the same
document.
33.2
The Promissory Note and the Deed of Guarantee shall be executed in four (4) original copies,
each having equal legal force and authenticity, one (1) copy each to be delivered to the
Borrower, Guarantors and one (1) copy to be retained by CM. An electronic copy of the
executed Note shall be delivered to each Lender. The parties further agree that electronic
copies of this Note may be used for any and all purposes for which the original may have been
used.
34.
THE CONTRACTS (RIGHTS OF THIRD PARTIES) ACT (CHAPTER 53B OF SINGAPORE)
34.1
A person who is not a party to this Note may not enforce its terms under the Contracts (Rights
of Third Parties) Act (Chapter 53B of Singapore).
35.
GOVERNING LAW
35.1
This Note is governed by, and shall be construed in accordance with, the laws of the Republic
of Singapore.
35.2
The parties hereto irrevocably submit to the non-exclusive jurisdiction of the courts of the
Republic of Singapore in any matter or dispute arising under or in connection with this Note
(including a dispute regarding the existence, validity or termination of this Note).
Page 22 of 28

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