[Contract] Loan Agreement

Discussion in 'Approved Contracts Archive' started by voltair42, Dec 9, 2014.

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  1. voltair42

    voltair42 Builder
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    IGN:
    @voltair42


    Users Involved in this Contract:
    @jmichael214

    General Purposf Contract:
    loan of 200k to @jmichael214

    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:
    1: payment of 200k as soon as contract is agreed upon
    2:if payment is late due to @voltair42 's lack of being online an extension will be given until @voltair42 is available


    The other user(s) involved with this contract must agree to the following terms:
    1:re-payment of 260k to @voltair42
    2:re-payment is to be made within 2 months of signing contract [Feb. 10 2015]
    3: re-payment is to be made in 1k (preferably 10k) intervals only when @voltair42 is aware of payment
    4:if payment is not made in full by the 2 month mark, @jmichael214 will forfeit town ownership of the Rising town EastCaster as compensation; if the town is not offered, 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
     
    #1 voltair42, Dec 9, 2014
    Last edited: Dec 9, 2014
  2. jmichael214

    jmichael214 Back Again, Apparently
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    @jmichael214

    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:
    I agree
     
  3. Mission001

    Mission001 Ex-EcoLegend HⱻặĐHůƞẗǝɍ
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    @voltair42
    For a transaction and repayment throuh signs, i would heavily suggest you set up some trade signs. Just a suggestion though
    Also please put the deadline date on the original post, just for clarity :)

    Once the deadline date has been put, i can go ahead and get @jmichael214 to reaccept.
     
  4. jmichael214

    jmichael214 Back Again, Apparently
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    IGN:
    @jmichael214

    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:
    I agree
     
    #4 jmichael214, Dec 9, 2014
    Last edited: Dec 9, 2014
  5. Mission001

    Mission001 Ex-EcoLegend HⱻặĐHůƞẗǝɍ
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  6. jmichael214

    jmichael214 Back Again, Apparently
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  7. Mission001

    Mission001 Ex-EcoLegend HⱻặĐHůƞẗǝɍ
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    Ok, i think we are good to go here,
    Please make screenshots of every single transaction as this is a large repayment. (USing F2)
    But if you guys are happy so am i.

    Contract Accepted
    Mission001
     
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