📄 Extracted Text (252 words)
From: Jeffrey Epstein <[email protected]>
To: Adam Bly
Cc: Richard Kahn
Subject: Re: Promissory Note
Date: Wed, 28 Nov 2012 17:29:02 +0000
why should we discount amount owed?? i don't understand
On Wed, Nov 28, 2012 at 10:48 AM, Adam Bly > wrote:
Begin forwarded message:
From: Vera Savcic <
Date: November 28, 2012 10:42:32 AM EST
To: Adam Bly
Subject: Promissory Note
Revised Payment Proposal
Based on $300k Principal at 24% Default Rate, 365 day basis
Full year interest = $72k with payments to be made as follows:
- Monthly payments of $3k each for 12 months beginning December 2012 = $36k
- Balance of $36k to be paid in 4 installments of $9k each on Aug 31, Sept 30, Oct 31 and Nov 30, 2013 — or
earlier
- 5 business-day cure period applies
We also propose settling the interest payment due for September October and November 2012 in the amount
of $10k.
Vera Savcic
COO & CFO
Seed
Tel +I
www.seedmediagroup.com
EFTA00949241
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EFTA00949242
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