[Contract] - 500k loan @dgam02

IGN:
@Imabankthing

Users Involved in this Contract:
@Imabankthing
@dgam02

General Purpose of Contract:
@Imabankthing providing loan of 500k.

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 @Imabankthing agree to pay @dgam02 $500,000 within 24 hours of contract approval.

The other user(s) involved with this contract must agree to the following terms:
@dgam02 agrees to pay @Imabankthing $700,000 total, via trade signs at /warp colebex. (x-10792, y69, z6621)

@dgam02 agrees that payments must be made weekly, by the dates below at the latest. Payments are $100k each week for 7 weeks as set out below
Week 1 - 19/9/2016 - 100k
Week 2 - 26/9/2016 - 100k
Week 3 - 3/10/2016 - 100k
Week 4 - 10/10 /2016- 100k
Week 5 - 17/10/2016 - 100k
Week 6 - 24/10/2016 - 100k
Week 7 - 31/10/2016 - 100k



@dgam02 agrees that in the event of any of the payment being late he will pay @Imabankthing $8000 per day in late fees for a maximum period of 5 days at which point a complaint will be filed.


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.:
Yes