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PROMISSORY NOTE

Promissory Note

PROMISSORY NOTE | Document Parties: ORION HEALTHCORP INC | Tuscarawas  Open MRI,  LP  | Oxford Capital  Enterprises  Three, LLC You are currently viewing:
This Promissory Note involves

ORION HEALTHCORP INC | Tuscarawas Open MRI, LP | Oxford Capital Enterprises Three, LLC

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Title: PROMISSORY NOTE
Governing Law: Ohio     Date: 10/7/2005
Industry: Healthcare Facilities     Sector: Healthcare

PROMISSORY NOTE, Parties: orion healthcorp inc , tuscarawas  open mri   lp  , oxford capital  enterprises  three  llc
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                                                                  Exhibit 2.3(6)

 

                                 PROMISSORY NOTE

 

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$ 194,799.32                                                          DOVER, OHIO

PRINCIPAL AMOUNT                                              SEPTEMBER 30, 2005

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                  For value   received,   Tuscarawas   Open MRI,   LP (the   "MAKER")

promises to pay, in lawful money of the United States,   on or before October 31,

2005 (the "TERM"),   to the order of Oxford Capital   Enterprises   Three, LLC (the

"PAYEE") at c/o Snyder Management,   120 East High Avenue, New Philadelphia,   OH,

44663, the principal amount set forth above (the "PRINCIPAL AMOUNT").

 

                  During the Term,   the unpaid   Principal   Amount shall not bear

interest.   If the Maker should fail to pay the   Principal   Amount on October 31,

2005, thereafter all unpaid principal and accrued and unpaid interest shall bear

interest at the rate of fifteen   percent   (15%) per annum from   November 1, 2005

until paid.

 

                  This Note may be   prepaid in part or in whole at any time with

no penalty to the Maker.   No delay on the part of the Payee in the   exercise   of

any right or remedy shall operate as a w


 
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