[Contract] Loan

Discussion in 'Approved Contracts Archive' started by xYoyoOG, Aug 29, 2019.

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  1. xYoyoOG

    xYoyoOG Builder
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    IGN:
    @xYoyoOG

    Users Involved in this Contract:
    @xYoyoOG @RiverVenom

    General Purpose of Contract:
    Setting up a loan agreement.

    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, @xYoyoOG, agree to pay user @RiverVenom $100,000 ECD within 24 hours of this contract being approved.

    The other user(s) involved with this contract must agree to the following terms:
    • @RiverVenom Agrees to pay back $120,000 ECD by Sunday the 29th of September.
    • Late fees of $1,500 ECD per day will be applied after Sunday the 29th if not paid off this loan, Late fees will apply for 20 days until Saturday the 19th of October.
    • If not paid by the 19th of October a user complaint will be filed.
    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, @xYoyoOG, agree to this contract.
     
  2. RiverVenom

    RiverVenom Builder
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    I, RiverVenom

    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
     
  3. OlympiansAreGods

    OlympiansAreGods Building Fanatic
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    Contract looks good! Please make sure to take time-stamped screenshots of any transactions, by double tapping f2!

    Status: Locked & Approved
     
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