[Contract] $1,000,000 Loan

IGN:
@obblebobble

Users Involved in this Contract:
@SCgenesis
General Purpose of Contract:
Loaning $1,000,000 with $1,250,000 due in 1 month (3rd February 2016)

I (the contract initiator) agree to the following terms, and agree that my failure to complete such terms will result in a breach of contract, as outlined in Rule 3:
I agree to pay @SCgenesis $1,000,000 ECD within 24 hours of this contract being approved.

The other user(s) involved with this contract must agree to the following terms:
@SCgenesis must:
- Repay $1,250,000 on or before the due date of 3rd February 2016. This is 1 month from today's date.
- Pay late fees of $7,500 a day for each day the loan is late. A maximum of 30 days late will be permitted.
- Repay the above payments to a sign at /warp lucky7 (inside, behind and down stairs).

I agree that the terms in this contract are subject to all of EcoCityCraft's rules, including the rules listed specifically in this forum. I understand that the contract may be affected by future changes in EcoCityCraft rules and server updates, and I accept that due to the possibility of such changes, this contract may be at my own risk. I understand that the contents of this contract are subject to staff assessment, review and approval before it is a binding contract under EcoCityCraft rules. I accept that action may not be taken in case of a breach of contract if appropriate and sufficient evidence is not provided of such.:
I, @obblebobble, agree.