[Contract] Loan

Discussion in 'Approved Contracts Archive' started by techy88, Feb 29, 2016.

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  1. techy88

    techy88 Tech-savvy Nub
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    IGN:
    @techy88

    Users Involved in this Contract:
    @techy88 @xpurexcorex

    General Purpose of Contract:
    Loan of $750,000 ECD

    I @techy88 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:
    Agree to borrow $750,000 ECD from @xpurexcorex within 24hrs of contract approval with a $950,000 payback in 6 weeks(April 11th, 2016)
    Payments will be as follows:
    week 1-$160K due on March 7th, 2016
    week 2-$160K due on March 14th, 2016
    week 3-$160K due on March 21st, 2016
    week 4-$160K due on March 28th, 2016
    week 5-$160K due on April 4th, 2016
    week 6-$150K due on April 11th, 2016
    If @techy88 is late on any of these payments there will be a late fee of 1oK ECD per day(max 7 days) after which @xpurexcorex may file a complaint



    The other user(s) involved with this contract must agree to the following terms:
    @xpurexcorex agrees to loan @techy88 $750,000 ECD (within 24hrs of contract approval) with a payback of $950,000 ECD in 6 weeks

    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, @techy88 agree to theses terms

    @xpurexcorex must use the following format to sign the contract.

    IGN:

    <your in-game name.>

    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:
    <Agreement to the terms laid out in the contract post, yes or no.>
     
  2. xpurexcorex

    xpurexcorex Daddy Trump
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    IGN:
    @xpurexcorex
    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, I agree
     
  3. Alarah

    Alarah ECC's Newest Sponsor!
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    Looks good fellas, remember screenies with dat f2 double tap for precautionary measures


    Contract Approved -- Thread Locked.
     
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