[Contract] Loan to CatLLC

Discussion in 'Approved Contracts Archive' started by CrazySwagMaster1, Oct 9, 2019.

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  1. CrazySwagMaster1

    CrazySwagMaster1 Mother F****** Sorceress
    Builder ⛰️ Ex-EcoLeader ⚜️⚜️⚜️ Premium Upgrade

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    IGN:

    @CrazySwagMaster1

    Users Involved in this Contract:

    @CatLLC

    General Purpose of Contract:

    @CrazySwagMaster1 providing a 70k loan to @CatLLC

    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:
    • @CrazySwagMaster1 will transfer 70k to @CatLLC within 24 hours of this contract's approval.
    • @CrazySwagMaster1 will create a chest shop within a few blocks of X: 94 Y: 66 Z: 6190 in main as an alternate payment method for @CatLLC to pay off the loan.
    The other user(s) involved with this contract must agree to the following terms:
    • @CatLLC will repay @CrazySwagMaster1 85k on or before Sunday October 20th via /pay CrazySwagMaster1 or the nearby chest shop mentioned above.
    • If the 85k payment is late, @CatLLC will owe an additional 15k in addition to the 85k for a total of 100k.
    • If October 27th arrives the 100k (85k repayment and 15k late fee) has not been paid in full this contract has been breached and @CatLLC understands that a complaint will be filed with the discretion of @CrazySwagMaster1
    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 agree.
     
  2. CatLLC

    CatLLC Builder
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    IGN:

    @CatLLC

    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. TM_iBeast

    TM_iBeast Not Staff Member
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    This contract looks good, remember to take timestamped screenshots of every transaction.

    Contract approved - Thread Locked
     
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