[Contract] $750,000 Loan

Discussion in 'Approved Contracts Archive' started by Obblebobble, Feb 16, 2016.

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  1. Obblebobble

    Obblebobble Vault of ECC - Founder
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    IGN:
    @Obblebobble

    Users Involved in this Contract:
    @RyanDell6
    General Purpose of Contract:
    Loaning $750,000 with $1,000,000 due in 7 weeks (6th April 2016 (GMT+10))

    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 @RyanDell6 $750,000 ECD within 24 hours of this contract being approved.

    The other user(s) involved with this contract must agree to the following terms:
    @RyanDell6 must:
    - Repay the loan of $1,000,000 on or before the 6th of April 2016. GMT+10
    - Pay late fees of $7,500 for every day after the 6th of April that the payment is late. A maximum of 31 late days will be allowed.
    - Repay the above payments to a sign at /warp kokiri and down the lifts. Under the sign that has "@RyanDell6" on it. (-4716, 80, 876 Rising)


    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.
     
    #1 Obblebobble, Feb 16, 2016
    Last edited: Feb 16, 2016
  2. Mochocrap

    Mochocrap Lannister
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    I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract:
    Yes
     
  3. Obblebobble

    Obblebobble Vault of ECC - Founder
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    Extended loan terms per request.

    @RyanDell6 please resign.
     
  4. Mochocrap

    Mochocrap Lannister
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    @RyanDell6

    I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract:
    Yes
     
  5. dgam02

    dgam02 ♫ Shitposting Ex-SA ♫
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    Make sure to take screenshots of all transactions pertaining to this contract :)

    Locked-Contract Approved.
     
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