[Loan Contract]

Discussion in 'Approved Contracts Archive' started by _Royal_Vulpes_, Feb 2, 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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    GN:
    @_Royal_Vulpes_

    Users Involved in this Contract:
    @_Royal_Vulpes_, @Sneaky_Cat
    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.

    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 @Sneaky_Cat $500,000ECD as a loan within 24 hours of this contract being accepted. The loan is charged at 7.5%WPR(Weekly percentage rate) and 20%MPR(Monthly percentage rate). The total amount $637,500ECD will be due by March 9th, 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:
    @Sneaky_Cat requested the approved loan of $500,000ECD from @_Royal_Vulpes_ that will be given within 24 hours of this contract being accepted. The loan is charged at 7.5%WPR(Weekly percentage rate) and 20%MPR(Monthly percentage rate). The total amount $637,500ECD will be due by March 9th, 2019(US Eastern Time). If no payment is received by date, a late fee of $15,000ECD will be added to the full amount due. If no payment is received(including the late fee) by March 12th, 2019(US Time), it will result in a complaint of scamming being filed and @Sneaky_Cat 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. Mochocrap

    Mochocrap Lannister
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    IGN: @Sneaky_Cat
    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. Smorezs

    Smorezs Mayor
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    Contract Approved please remember to take screen shots of all transactions (double tap F2)
     
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