[Loan Contract]

Discussion in 'Denied Contracts Archive' started by _Royal_Vulpes_, Apr 4, 2020.

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  1. _Royal_Vulpes_

    _Royal_Vulpes_ The Fox Emperor
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    IGN:
    @_Royal_Vulpes_

    Users Involved in this Contract:
    @_Royal_Vulpes_, @Yezekael

    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 @Yezekael $300,000ECD as a loan within 24 hours of this contract being accepted. The loan is charged at a one-time 12.5% WPR(Weekly percentage rate). The total amount of $337,500ECD will be due by April 12th, 2020 (11:59 pm 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:
    @Yezekael requested the approved loan of $300,000ECD from @_Royal_Vulpes_ that will be given within 24 hours of this contract being accepted. The loan is charged at a one-time 10% MPR(Monthly percentage rate). The total amount of $337,500ECD will be due by April 12th, 2020 (11:59 pm US Eastern Time). @Yezekael must make at least one payment of $337,500(there is 1 installment in the total of this amount) each week (Dates: April 12th). Payments must be made at trade chests located at the Austro-Aurora United Bank on the third floor(Left building at the East Gate[Andrew's Statue and the giant snipe chest] Spawntown, AAUB Ostenstadt Branch x:129 y:80 z:20) in Main Rising. If any payment is missed weekly, a late fee of $10,000 will be added to each missed payment.If the full payment is not received by the final due date, April 12th, 2020, a late fee of $30,000 will be added on. If the full payment is not received(including the late fees) by April 14th, 2020 (12:01 am US Eastern Time), it will result in @Yezekael 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
     
  2. Yezekael

    Yezekael Resident
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  3. Yezekael

    Yezekael Resident
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    @_Royal_Vulpes_ I have been offered another deal that I have decided to take instead. I decline this contract.
     
  4. _Royal_Vulpes_

    _Royal_Vulpes_ The Fox Emperor
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    @Ecc Staff, lock contract, declined.
    Zedoker will be exempted from handling this contract.
     
    #4 _Royal_Vulpes_, Apr 4, 2020
    Last edited: Apr 4, 2020
  5. neecoalage

    neecoalage Always sleepy.
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    Locked by request.
     
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