A grace period for a promissory note is the time allowed after the due date before penalties or charges occur. This period provides both parties time to address any unforeseen circumstances. If you anticipate needing more time, utilizing a Utah Sample Letter for Request for Extension of Time on Promissory Note can be beneficial.
Dear Sir. RE: Request for extension time in paying fee. I am Santos, a student of Avenue Park School and I am writing to request for an extension of time in paying up the school dues that I have not been able to clear due to unavoidable circumstances back at home.
The financial condition of my family has become quite uncertain and unstable. As a result of this, I have not been able to pay my school fee for the month of May and June, 2019. Kindly give my family a time period of two weeks. I shall be able to pay the fee by July 2, 2019.
I hereby write to inform you that I will not be able to pay the fees of (Semester/Year) due to (salary issues/some other emergency payments). I promise that I shall pay the fees by (Date and Month), and there will be no delay in the same.
I am writing this letter to request you to extend the submission period of fee payment by a (week/month/quarter), which is from // (Date) to // (Date). The reason behind the extension of my fee payment is (reason for requesting extension).
My next specify payment will be due on , 20 . Due to an unexpected emergency that has occurred, I will be unable to make this payment by the date I am requesting an extension of time to make this payment.
This is to express in writing my inability to pay on time the amount due for my tuition fees amounting to P. I promise to pay said amount on or before . Furthermore, I am fully aware that subsequent Promissory Notes shall not be accepted without settling my current due amount.
(Cordially describe your greetings). We will try our best to make the payment on time and apologize for the inconvenience caused to you. I ask you to consider my request for postponement of the last day for the advance payment of the money promised according to the deal signed between us and your company (date).
I respectfully ask for permission to pay my fees a week or two after the due date. My father had passed away many years ago and my mother is unable to work full time, so my siblings and I are the earners of the house and we each have part-time jobs. (Explain the actual problem and situation).
How to write a leave extension letterCheck your company's leave extension rules.Include date, name and address.Add the name and address of the recipient.Add a subject line.Add a salutation.Refer to your original leave status.Explain the reason for the extension.Specify the duration of the extension.More items...?