Cell MedX Corp. - FORM 10-Q - EX-10.26 - LOAN AGREEMENT AND NOTE PAYABLE DATED SEPTEMBER 24, 2015 AMONG CELL MEDX CORP., AND CITY GROUP LLC. - October 15, 2015

Attached files

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EX-32.1 - CERTIFICATION - Cell MedX Corp.ex321.htm
EX-10.27 - LOAN AGREEMENT AND NOTE PAYABLE DATED SEPTEMBER 28, 2015 AMONG CELL MEDX CORP., AND RICHARD N. JEFFS. - Cell MedX Corp.ex1027.htm
10-Q - 10-Q - Cell MedX Corp.form10q.htm
EX-32.2 - CERTIFICATION - Cell MedX Corp.ex322.htm
EX-10.25 - STOCK OPTION AGREEMENT DATED SEPTEMBER 23, 2015 AMONG CELL MEDX CORP. AND STEVEN H. BULWA. - Cell MedX Corp.ex1025.htm
EX-10.23 - LOAN AGREEMENT AND NOTE PAYABLE DATED SEPTEMBER 3, 2015 AMONG CELL MEDX CORP., AND RICHARD N. JEFFS. - Cell MedX Corp.ex1023.htm
EX-3.2 - CERTIFICATION - Cell MedX Corp.ex312.htm
EX-10.28 - EBALANCE PROTOTYPE DEVELOPMENT AGREEMENT DATED OCTOBER 1, 2015 AMONG CELL MEDX CORP., AND CLAUDIO TASSI. - Cell MedX Corp.ex1028.htm
EX-10.24 - CONSULTING AGREEMENT DATED SEPTEMBER 1, 2015 AMONG CELL MEDX CORP., AND STEVEN H. BULWA. - Cell MedX Corp.ex1024.htm
EX-31.1 - CERTIFICATION - Cell MedX Corp.ex311.htm

LOAN AGREEMENT
September 24, 2015

City Group LLC (the “Lender”) of 1201 Orange Street, Suite 600, Wilmington, DE 19801, advanced total of USD$20,000 (the “Principal Sum”) to Cell MedX Corp. (the “Borrower”) of 74 N. Pecos Road, Suite D, Henderson, NV, 89074.  The Lender advanced the funds on September 24, 2015.
 
The Borrower agrees to repay the Principal Sum on demand, together with interest calculated and compounded monthly at the rate of six (6) per cent per year (the “Interest”) from September 24, 2015.  The Borrower is liable for repayment for the Principal Sum and accrued Interest and any costs that the Lender incurs in trying to collect the Principal Sum and the Interest.
 
The Borrower will evidence the debt and its repayment of the Principal Sum and the Interest with a promissory note in the attached form.
 
LENDER
  
BORROWER
City Group LLC
  
Cell MedX Corp.
     
Per:
  
Per:
     
/s/ Tom Sharp
  
/s/ Yanika Silina
Tom Sharp, Director
  
Yanika Silina, CFO
     
     
     


 
 
 

PROMISSORY NOTE

Principal Amount:  USD$20,000                                                                                                          September 24, 2015


For value received Cell MedX Corp., (the “Borrower”) promises to pay on demand to the order of City Group LLC (the “Lender”) the sum of $20,000 lawful money of United States of America (the “Principal Sum”) together with interest on the Principal Sum from September 24, 2015 (“Effective Date”) both before and after maturity, default and judgment at the Interest Rate as defined below.

For the purpose of this promissory note, Interest Rate means six (6) per cent per year.  Interest at the Interest Rate must be calculated and compounded monthly not in advance from and including the Effective Date (for an effective rate of 6.17% per annum calculated monthly), and is payable together with the Principal Sum when the Principal Sum is repaid.

The Borrower may repay the Principal Sum and the Interest in whole or in part at any time.

The Borrower waives presentment, protest, notice of protest and notice of dishonour of this promissory note.

 
 
BORROWER
 
Cell MedX Corp.
   
 
Per:
   
 
/s/ Yanika Silina
 
Yanika Silina, CFO

 
 
 

Cell MedX Corp. Reports