[Loan Contract]

Discussion in 'Approved Contracts Archive' started by _Royal_Vulpes_, Feb 17, 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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    @_Royal_Vulpes_

    Users Involved in this Contract:
    @_Royal_Vulpes_, @FuryFudge
    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 @FuryFudge $500,000ECD as a loan within 24 hours of this contract being accepted. The loan is charged at 35%MPR(Monthly percentage rate). The total amount of $675,000ECD will be due by March 17th, 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:
    @FuryFudge 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 35%MPR(Monthly percentage rate). The total amount of $675,00ECD will be due by March 17th, 2019(US Eastern Time). Payments of $168,750 must be made on Feb 24th, March 3rd, 10th, and 17th by 11:59 pm est on each date) at a trade chest located in Vienna(/warp Vienna City Council Chambers in Main Rising (coords x:19 y:75 z:801). If a payment is not received by each date, a late fee of $1,000ECD will be added to the full amount each missed payment and if the full payment is not received the due date, another late fee of $15,000 will be added on. If the full payment is not received(including the late fees) by March 20th, 2019(US Time), it will result in a complaint of scamming being filed and @FuryFudge 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.
     
    #1 _Royal_Vulpes_, Feb 17, 2019
    Last edited: Feb 17, 2019
  2. FuryFudge

    FuryFudge IDK ask Fury
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    @FuryFudge

    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. xHigh420x

    xHigh420x ECC Sponsor
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    Contract Approved - Locked.
     
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