Tool Loan

Discussion in 'Denied Contracts Archive' started by Rythad, May 2, 2025.

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  1. Rythad

    Rythad President
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    IGN:
    @Rythad

    Users Involved in this Contract:
    @Rythad, @ydoy2

    Terms of the contract:
    @Rythad will give @ydoy2 ownership of a Level 3 Magic Shovel (id: #M8P49F3W) if loan payments (of 2.1 million ECD) are made to a chest at the coordinates (-8453, 64, -13433 (or /warp sanctum)) are made by July 1st, 2025.

    @Rythad owns the tool (id: #M8P49F3W) @ydoy2 is able to own the tool after payments are made

    if @ydoy2 does not make payments of 2.1 million ECD by July 1st, 2025, Rythad is entitled to the Magic Shovel

    if @ydoy2 loses the magic shovel, payments must still be made to the chest

    I (the contract initiator) agree to the terms listed above:
    Yes
     
    #1 Rythad, May 2, 2025
    Last edited: May 2, 2025
  2. ydoy2

    ydoy2 President
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    I accept
     
  3. SwiftRaptor98

    SwiftRaptor98 Staff Member
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    Hello @Rythad,

    1. Are you please able to include a time frame for when the tool ownership is going to be transferred after the payment? I.E When the tool with be unowned for it to be reowned.

    2. We will also require information on what will be occuring with the already paid off partial payments should the deadline be missed by @ydoy2.

    Once these adjustments have been made, I will need @ydoy2 to re-accept the terms.
     
    #3 SwiftRaptor98, May 3, 2025
    Last edited: May 4, 2025
  4. Rythad

    Rythad President
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    @Rythad will transfer ownership of the tool to @ydoy2 within 7 days of the payments being made.

    If @ydoy2 does not make full payments by July 1st 2025, @Rythad will keep ownership of the tool.
     
  5. ydoy2

    ydoy2 President
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    i accept
     
  6. SwiftRaptor98

    SwiftRaptor98 Staff Member
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    @Rythad, in terms of point 2. We were asking more so for what would happen to the already paid payments should the deadline not be met.

    E.G. Will @ydoy2 receive this money back and no longer have access to the tool nor ownership of the tool?
     
  7. Rythad

    Rythad President
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    @Rythad is entitled to all previous payments made and the tool if full payment is not made from @ydoy2 by July 1st 2025.
     
  8. Rythad

    Rythad President
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    The deal was done and @ydoy2 took ownership of the tool. Thanks
     
  9. SwiftRaptor98

    SwiftRaptor98 Staff Member
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    Contract Denied.
     
    #9 SwiftRaptor98, May 9, 2025
    Last edited: May 9, 2025
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