Electronic Promissory Note

Amount of the promissory note	Amount or specific sum of money that the subscriber is obliged to pay to the beneficiary.
Beneficiary	Name of the individual / natural person or name of the legal entity that represents the last holder of the rights of the instrument, also identified as the creditor.
Creation date	Date the promissory note was issued.
Current with Recognized Payment	Current promissory note status indicating that a payee has approved partial or full payment of the balance of a promissory note.
Deadline	Signature deadline established by whoever generated the document to obtain the signature of a signer.
Electronic Promissory Note	Credit title that has the essential elements of the Promissory Note in accordance with the General Law of Credit Securities and Operations and additionally has elements and attributes that allow managing its digital life cycle including endorsement and validity through Literax.
Endorsee	Full name or full name of the Beneficiary or last holder of the promissory note that receives the transmission of the credit title via endorsement.
Endorsement	Name of the natural person or name of the legal entity that is jointly and severally bound as a guarantee of the subscriber of the document to guarantee in whole or in part the payment of the obligation in the event that the principal obligated does not comply.
Endorsement	Type of transfer of possession / control over the promissory note.
Endorsement class	Type of transmission of a promissory note that on the Literax platform can be a proxy endorsement or property endorsement.
Endorsement in Procurement	Transmission of the promissory note for collection purposes.
Endorsement revocation	Revocation of a proxy endorsement.
Endorser	Full name or full name of the Beneficiary or last holder of the promissory note that carries out the transmission of a Promissory Note via endorsement.
Expiration	A fixed day or in sight.
Expiration in sight	It is required, precisely, when it is put in view of the obligor, it is at the time of the payment request diligence when the debtor is put in view of the respective title and must pay it, so as not to incur a delay from that date. See also: LGTYOC article 128 maximum 06 months after subscription and Commercial Code, art. 360, minimum 30 days from your subscription.
Extinct	Promissory note that by approval of the last holder has the partial or total extinction of the obligation to pay the balance covered by said promissory note.
Fixed day maturity	Indicates that at the time of your subscription the payment day is indicated.
I will pay not negotiable or not to order	I will pay that is transferable exclusively in the form and with the effects of an ordinary assignment.
Not negociable	Promissory note that was issued with the characteristic of "Not Negotiable" or "Not to Order" and therefore cannot be transmitted through endorsement, but exclusively in the form and with the effects of an ordinary assignment.
Ordinary	I will pay with full autonomy.
Ordinary Promissory Note or To the order	I will pay that is subject to transmission via endorsement.
Origin	If the Type of Promissory Note is Special, the reference to the causal business (Credit Agreement) that gave rise to the special credit title is incorporated as collateral payment guarantee.
Place of payment	It indicates the place of payment in which the subscriber agrees to comply with the obligation that the Promissory Note covers.  The Beneficiary indicates that the payment will be received in the Bank Account indicated in the Promissory Note.
Presentation for payment	Presentation for payment of a promissory note due at sight.
Presented for payment	Status of a promissory note issued due on demand, of which an action is generated through electronic means to display / demand payment from such action.
Property endorsement	Transmission of the promissory note that grants property rights to a new beneficiary.
Root beneficiary	First payee to be assigned to a promissory note.
Special	Special credit title that complements payment guarantee.
Special Promissory Note	Promissory note that has a link to a causal business (eg, Credit Agreement) that gave rise to the special credit title as collateral payment guarantee.
Subscriber	Full name or full name of the subscriber of the promissory note also identified as the obligor.
To the order	Promissory note that can be endorsed.
Valid	Promissory note status indicating that it has not reached its due date.
Valid with payment record	Promissory note status indicating that your underwriter or guarantor recorded evidence of a partial or full payment.
Without my responsibility	Clause that is inserted in a promissory note to release the joint and several liability of the endorsers.