IGN: @Monkeyz505 Users Involved in this Contract: @TM_iBeast General Purpose of Contract: This contract is ensure a safe loan experience for both me, @Monkeyz505 and @TM_iBeast. 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, @Monkeyz505, will be loaning out $100,000 ECD to @TM_iBeast after the contract is approved, with the understanding that $125,000 will be returned on July 7th, 2015 in full, or a late fee of $2,000 will be applied each day for 2 weeks. A sign for @TM_iBeast to pay will be placed in my town, Kimigaya, where he can easily access it. After two weeks, the contract will have been breached and a complaint will be filed. The other user(s) involved with this contract must agree to the following terms. @TM_iBeast will be given a $100,000 ECD loan with the promise of $125,000 to be paid on July 7th, 2015. He will pay this loan into a sign located in my town, Kimigaya. 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
IGN: @TM_iBeast 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.
OK, gentlemen, we're going to need some changes here. First off, @TM_iBeast, you need to tag yourself when you agree to the contract, but that can wait for a minute. @Monkeyz505, a few things: 1. The contract needs to say when you are going to loan the money (i.e. within one hour after contract being approved or whatever) 2. In your terms, it should say that you are lending the money to @TM_iBeast 3. In @TM_iBeast's terms, you should probably just say "@TM_iBeast promises to pay me $125,000 on July 7th, 2015." 4. Also, make sure that you spell "$100,000" correctly both times. You have it spelled wrong in the first one. 5. Finally, specify how he is to repay you -- I assume in-game, but the contract doesn't say so. If it's going to be to a sign, or anything like that, please describe. Each of you, please indicate "Yes, I agree" or "I agree" to the last question. @Monkeyz505 @TM_iBeast
