[Contract] Loan

Discussion in 'Approved Contracts Archive' started by ChargerBoltz5, Jun 13, 2016.

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  1. ChargerBoltz5

    ChargerBoltz5 Builder
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    IGN:
    @ChargerBoltz5

    Users Involved in this Contract:
    @LTPfiredemon and @ChargerBoltz5

    General Purpose of Contract:
    Safe transfer of a loan of $600,000 from @ChargerBoltz5 to @LTPfiredemon

    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, @ChargerBoltz5, agree to provide @LTPfiredemon with a sum of $600,000 EcoDollars no later than 24 hours after the approval of this contract.
    I, @ChargerBoltz5, will place a trade sign at /warp dairyland (at /tppos -11089 65 11890 in Legacy) no later than 24 hours after the approval of this contract. The sign will include 28 torches costing $25,000 each.


    The other user(s) involved with this contract must agree to the following terms:
    @LTPfiredemon agrees to confirm the receiving of $600,000 no later than 24 hours after the approval of this contract.
    @LTPfiredemon agrees to pay $700,000 to me, @ChargerBoltz5 , to the trade sign described above, in full no later than 09 August 2016 at 11:59pm EST. @LTPfiredemon understands that @ChargerBoltz5 reserves the right to file a complaint for breach of contract should the loan not be paid off on time.

    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 with these terms.
     
    #1 ChargerBoltz5, Jun 13, 2016
    Last edited: Jun 14, 2016
  2. LTPfiredemon

    LTPfiredemon 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:
    Yes, I agree.
     
  3. SimsElemental

    SimsElemental Builder
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    Hey @ChargerBoltz5 , before this contract can be approved you just need to make clear the coordinates and the world (rising/legacy) to which the payment sign is placed in this part:
    After changes have been made, @LTPfiredemon will have to re-agree to the terms laid out. Thank you :)
     
  4. ChargerBoltz5

    ChargerBoltz5 Builder
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    Fixed.
     
  5. LTPfiredemon

    LTPfiredemon 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:
    Yes, I agree.
     
  6. SimsElemental

    SimsElemental Builder
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    Everything looks in order after changes, please make sure that the both of you take timestamped screenshots (f2) of all transactions and payments for future reference. :)

    Locked - Contract Approved
     
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