[Contract] Loan

Discussion in 'Approved Contracts Archive' started by zr2002, Dec 19, 2017.

Thread Status:
Not open for further replies.
  1. zr2002

    zr2002 Nub Moderator
    Resident ⛰️ Ex-EcoLeader ⚜️⚜️⚜️ Premium Upgrade

    Joined:
    Aug 17, 2014
    Messages:
    5,474
    Trophy Points:
    69,660
    Gender:
    Male
    EcoDollars:
    $0
    Ratings:
    +3,161
    IGN:
    zr2002

    Users Involved in this Contract:
    @zr2002 @Mcguy65

    General Purpose of Contract:
    @Mcguy65 will be loaning @zr2002 $700,000 ECD in exchange for $875,000 ECD in 9 weeks.

    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:
    @zr2002 agrees to pay @Mcguy65 the following amounts on the following dates in exchange for a $700,000 loan.

    12/27/17 - $100,000
    1/3/18 - $100,000
    1/10/18 - $100,000
    1/17/18 - $100,000
    1/24/18 - $100,000
    1/31/18 - $100,000
    2/7/18 - $100,000
    2/14/18 - $100,000
    2/21/18 - $75,000

    If @zr2002 is late on any payments he will pay @Mcguy65 $15,000 per day late for 1 week - after this @Mcguy65 reserves the right to file a complaint.

    The other user(s) involved with this contract must agree to the following terms:
    @Mcguy65 agrees to pay @zr2002 $700,000 within 24 hours of this contracts approval.

    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
     
  2. Mcguy65

    Mcguy65 Dirt
    Builder ⛰️ Ex-Tycoon ⚜️⚜️⚜️ Prestige ⭐ I ⭐ Premium Upgrade

    Joined:
    Apr 9, 2014
    Messages:
    940
    Trophy Points:
    40,760
    Gender:
    Male
    Ratings:
    +631
    IGN:
    @Mcguy65

    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. monkeyBUTT244

    Builder ⛰️ Ex-EcoMaster ⚜️⚜️⚜️⚜️ Premium Upgrade

    Joined:
    Sep 6, 2011
    Messages:
    2,446
    Trophy Points:
    49,460
    Gender:
    Male
    Ratings:
    +626
    Contract approved.

    Both parties concerned should make sure to take time-stamped screenshots of the transaction by double tapping F2.
     
Thread Status:
Not open for further replies.