Sale of L3 Magic Rod

Discussion in 'Approved Contracts Archive' started by Ishanv, Jan 29, 2023.

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  1. Ishanv

    Ishanv King of Trivia
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    IGN:
    @IshanDJB

    Users Involved in this Contract:
    This contract involves @NoTrial01

    Terms of the contract:
    1. The purpose of this contract is to facilitate a payment plan of the L3 Magic Rod (#KYIVXW0R) for $7,500,000 ECD.

    2. @NoTrial01 is responsible for paying 20 weekly payment of 375k at /warp debt.

    @IshanDJB is responsible for giving (via /trade) the tool to @NoTrial01 upon approval of the contract.

    3. Late fees will follow the following regime: For every 24 hours that a payment is late, @NoTrial01 is required to pay an additional $100,000, up until late fees accrue to $700,000. In the event that this occurs, @IshanDJB may file a complaint via the forums regarding a breach of contract.

    4. Payments will be due approximately every seven days at 11:59 PM PST, and the following plan is to be followed:
    Payment #1 -- $375,000 ECD -- February 5, 2023
    Payment #2 -- $375,000 ECD -- February 12, 2023
    Payment #3 -- $375,000 ECD -- February 19, 2023
    Payment #4 -- $375,000 ECD -- February 26, 2023
    Payment #5 -- $375,000 ECD -- March 5, 2023
    Payment #6 -- $375,000 ECD -- March 12, 2023
    Payment #7 -- $375,000 ECD -- March 19, 2023
    Payment #8 -- $375,000 ECD -- March 26, 2023
    Payment #9 -- $375,000 ECD -- April 2, 2023
    Payment #10 -- $375,000 ECD -- April 9, 2023
    Payment #11 -- $375,000 ECD -- April 16, 2023
    Payment #12 -- $375,000 ECD -- April 23, 2023
    Payment #13 -- $375,000 ECD -- April 30, 2023
    Payment #14 -- $375,000 ECD -- May 7, 2023
    Payment #15 -- $375,000 ECD -- May 14, 2023
    Payment #16 -- $375,000 ECD -- May 21, 2023
    Payment #17 -- $375,000 ECD -- May 28, 2023
    Payment #18 -- $375,000 ECD -- June 4, 2023
    Payment #19 -- $375,000 ECD -- June 11, 2023
    Payment #20 -- $375,000 ECD -- June 18, 2023

    5. In regards to ownership, @IshanDJB will retain ownership of the L3 Magic Rod (#KYIVXW0R), while @NoTrial01 will pays off the rod. Once all payments have been made, @IshanDJB is to transfer ownership within a week of the final payment's due date. Should the items not be transferred within such a time window, @NoTrial01 may file a complaint citing a breach of this contract.


    I (the contract initiator) agree to the terms listed above:
    I, IshanDJB, agree to the terms of this contract.
     
  2. NoTrial01

    NoTrial01 Mayor
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    I agree to the terms and sale of this rod!
     
  3. SwiftRaptor98

    SwiftRaptor98 Staff Member
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    Contract Approved!


    Remember to Screenshot (Using F2) any relevant transactions!


    Thread Locked/Moved!
     
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