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  1. tanapeti Tycoon
    Tycoon ⛰️⛰️⛰️ Ex-Tycoon ⚜️⚜️⚜️

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    IGN:

    @tanapeti


    Users Involved in this Contract:

    @tanapeti, @ZeroByter


    General Purpose of Contract:

    @tanapeti loaning money to @ZeroByter


    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, @tanapeti, agree to pay @ZeroByter 90,000 EcoDollars within a day from the moment this contract is approved.


    The other user(s) involved with this contract must agree to the following terms:

    @ZeroByter must pay back 113,400 EcoDollars to @tanapeti in 3 weeks after the payment is received or earlier. The Final Amount is calculated based on this formula:

    Final Amount=Amount Loaned+Amount Loaned*0.17+Amount Loaned*0.03*Number of Weeks

    So, The user pays a base 17% interest rate and a 3% interest rate per week. The base is 1 week, so a 1-6 day loan would still receive an extra 3% added to the 17%.

    If @ZeroByter doesn’t pay back @tanapeti in time, a complaint may be filed by @tanapeti.

    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


    Please agree using the following format:

    Code:
    IGN:
    @ZeroByter
    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
    
     
  2. ZeroByter Builder
    Builder ⛰️ Ex-Mayor ⚒️⚒️

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    IGN:

    @ZeroByter


    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. Avowin ανσςα∂σ
    President ⛰️⛰️ Ex-President ⚒️⚒️ Premium Upgrade

    Joined:
    Oct 23, 2012
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    Okay everything looks good here, make sure to take screenshots WITH timestamps of any transactions that happen, whether it would be paying for the loan or returning the payment of the loan :)

    Contract approved.
     
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