[Loan Contract]

IGN:
@_Royal_Vulpes_

Users Involved in this Contract:
@_Royal_Vulpes_, @EraNow

General Purpose of Contract:
The purpose of this contract is for the contract initiator to offer money to the user involved as a loan that is to be paid back in full and with interest and fees(credit risk).

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, @_Royal_Vulpes_, agree to lend @EraNow $400,000ECD as a loan within 24 hours of this contract being accepted. The loan is charged at 9%WPR(weekly percentage rate) and a credit risk fee of 2.5% of the $400,000ECD. The total amount $544,000ECD ($4,000ECD payment in 533xGold Ingots and 1xIron Ingot is included in the 544k) will be due by January 25th, 2019(US Time). If I do not meet to the terms of this contract, the contracted will be nullified, and I will accept the punishments deemed necessary by the ECC Staff.

The other user(s) involved with this contract must agree to the following terms:
@EraNow requested the approved loan of $400,000ECD from @_Royal_Vulpes_ that will be given within 24 hours of this contract being accepted. The purpose of the loan is to use in an auction bid of a spawn-shop. The loan is charged at 9%WPR(weekly percentage rate), a credit risk fee of 2.5% of the $400,000ECD, and $4,000ECD payment in bullion(533xGold Ingots, 1xIron Ingot). The total amount $544,000ECD will be due by January 25th, 2019(US Time). The condition of this contract depends on the outcome of the auction. If @EraNow does not win, he must return the full $400,000ECD, thus canceling the loan contract with no repercussions; but if he does win, he has by January 25th, 2019(US Time) to pay. If no payment is received by date, a late fee of $12,000ECD will be added to the full amount due. If no payment is received(including the late fee) by January 28th, 2019(US Time), it will result in a complaint of scamming being filed and @EraNow will be given a punishment deemed necessary by ECC Staff.

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, I agree to the terms.