Loan contract

Discussion in 'Approved Contracts Archive' started by kingjames236, Oct 1, 2019.

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  1. kingjames236

    kingjames236 Builder
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    IGN:

    @kingjames236
    Users Involved in this Contract:

    @Silent_C1own
    General Purpose of Contract:

    The organization of a loan from @kingjames236 to @Silent_C1own .

    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 will transfer amount ECD $100,000 to @Silent_C1own within 24 hours of this contract's approval.
    • I will create a chestshop at /warp store
    The other user(s) involved with this contract must agree to the following terms:

    • @Silent_C1own will transfer amount $150,000 to within 7 days after receiving the money.
    • Amount $5,000 of late fees will be applied for every day past the due date.
    • Late fees will cap after 3 days, at which point a complaint may be filed.
    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.:

    I agree.
    @kingjames236
     
    #1 kingjames236, Oct 1, 2019
    Last edited: Oct 2, 2019
  2. Silent_C1own

    Silent_C1own Builder
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    Silent_C1own
    @Silent_C1own

    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
     
    #2 Silent_C1own, Oct 1, 2019
    Last edited: Oct 1, 2019
  3. welikeike22

    welikeike22 Dean Martin
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    @kingjames236

    Please fix the tag in the following passage and respond below once complete:

     
    #3 welikeike22, Oct 1, 2019
    Last edited: Oct 1, 2019
  4. kingjames236

    kingjames236 Builder
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  5. welikeike22

    welikeike22 Dean Martin
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    Don’t forget to take time stamped screenshots of all transactions by double-tapping f2!

    Contract approved and Locked!
     
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