[Loan Contract]

Discussion in 'Approved Contracts Archive' started by _Royal_Vulpes_, Jan 13, 2019.

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  1. _Royal_Vulpes_

    _Royal_Vulpes_ The Fox Emperor
    ECC Benefactor Builder ⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐ I ⭐ Premium Upgrade

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    IGN:
    @_Royal_Vulpes_

    Users Involved in this Contract:
    @_Royal_Vulpes_, @KiddTitus

    General Purpose of Contract:
    The purpose of this contract is for the contract initiator to offer money to the user involved as a loan for Sports Book 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 @KiddTitus $1,000,000ECD 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 $1,000,000ECD. If @KiddTitus wins Sports Book, the total amount of $1,115,000 will be due by January 20th. If he does not win the Sportsbook, the total amount $1,520,000ECD will be due by February 27th, 2019(US Eastern 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:
    @KiddTitus requested the approved loan of $1,000,000ECD from @_Royal_Vulpes_ that will be given 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 $1,000,000ECD. If @KiddTitus wins Sports Book, the total amount of $1,115,000 will be due by January 20th. If he does not win the Sportsbook, the total amount $1,520,000ECD will be due by February 27th, 2019(US Eastern Time). If no payment is received by date, a late fee of $30,000ECD will be added to the full amount due. If no payment is received(including the late fee) by March 2nd, 2019(US Time), it will result in a complaint of scamming being filed and @KiddTitus 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 of this Contract.
     
  2. Genovani

    Genovani 天国の強さ
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    KiddTitus

    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:
    I agree.
     
  3. RealRunakilli

    RealRunakilli Formerly known as runakilli
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    @KiddTitus @_Royal_Vulpes_

    Contract Approved - Locked.
    Please remember to take timestamped screenshots by pressing F2 twice.
     
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