[Loan Contract]

Discussion in 'Denied Contracts Archive' started by 72Volt, Aug 31, 2013.

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  1. 72Volt

    72Volt Builder
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    IGN:
    72Volt

    Users Involved in this Contract:
    Michaelmickey11

    General Purpose of Contract:
    A loan.

    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 pay Michaelmickey11 10,000 (ten thousand) EcoDollars, as soon as possible following the approval of this contract.

    The other user(s) involved with this contract must agree to the following terms:
    Michaelmickey11 will repay me 20,000 (twenty thousand) EcoDollars within the 24 hours following my payment to him of 10,000 EcoDollars. If he fails to pay back 20,000 EcoDollars within the 24 hours, he will be given another 24 hours to pay back that sum plus a penalty of 5,000 EcoDollars. If he fails once again in this second 24 hour period to provide a total of 25,000 EcoDollars, he will be given a final 24 hours to provide 35,000 EcoDollars; if, after the third 24 hour period, he has not provided the 35,000 EcoDollars, he will be in breach of contract.

    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.
     
  2. michaelmickey11

    michaelmickey11 Builder
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    IGN:
    <your in-game name.>
    michaelmickey11
    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:
    <Agreement to the terms laid out in the contract post, yes or no.>yes
     
  3. michaelmickey11

    michaelmickey11 Builder
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    he did not pay me i herby break the contract
     
  4. peregrines3469

    peregrines3469 Builder
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    spokeen to michaelmickey11 contract is to be cancelled and locked
     
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