[Contract] Loan

Discussion in 'Denied Contracts Archive' started by MaxToMinimum, May 29, 2016.

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  1. MaxToMinimum

    MaxToMinimum President
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    IGN:
    @MaxToMinimum

    Users Involved in this Contract:
    @tooHD

    General Purpose of Contract:
    120k loan, for whatever he sees fit. He mentioned it is for his town.

    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:
    Once this contract is accepted I will pay tooHD $120,000 ECD within 10 minutes.

    The other user(s) involved with this contract must agree to the following terms:
    After this, he has until 6/29/16 to repay this loan with $200,000 ECD. There will be a sign at 2821, 66, -7378 in Legacy, with 40 increments of 5k each. He is to pay this by 6/29/2016 at 11:59pm EST. He is free to charge the sign any time he likes.
    If not repaid by 6/29/16, every day a 5k late fee will be applied until it reaches a total of 300k. Then he must repay the $200,000, plus the late fee.

    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 MaxToMinimum, May 29, 2016
    Last edited: May 29, 2016
  2. tooHD

    tooHD Builder
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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:
    I agree
     
  3. maroiogog

    maroiogog ( ͡° ͜ʖ ͡°)
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    Hello guys, before i can proceed to approve this contract a few things need to be changed.

    Duplicate clause, please remove it.

    Please state how much you are paying him.

    Please fix the tiping.

    Please use only 1 of the above as the 2 may conflict

    Please cap the late fees at a certain time/amount.

    Please also state the total amount @tooHD needs to pay.



    @MaxToMinimum please tag yourself with an "@" infront of your name atleast once in this contract.

    Once all of the above have been done @tooHD will need to re-agree to the contract.
     
  4. MaxToMinimum

    MaxToMinimum President
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  5. tooHD

    tooHD Builder
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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:
    I agree
     
  6. MaxToMinimum

    MaxToMinimum President
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    nvm. Don't want it. not worth the time I have waited, or the risk

    Lock this plz
     
  7. Videowiz92

    Mythic ⚔️ I ⚔️ ECC Benefactor President ⛰️⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐⭐ X ⭐⭐ Gameplay Architect Premium Upgrade

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    Contract cancelled.

    Thread locked.
     
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