IGN:
@Gmoneyman118
Users Involved in this Contract:
@Ganfeld
General Purpose of Contract:
10 thousand dollar loan.
I @Gmoneyman118 (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 agree to provide @Ganfeld a 10 thousand dollar loan for one week at the interest rate of 15%
The other user(s) involved with this contract must agree to the following terms:
@Ganfeld will agree to pay back the initial $10,000 but will also pay back an added amount that is equal to 15% of 10,000 meaning the total @Ganfeld is required to pay a week from 7/2/2014 will be $11,500 if he is late a late fee of will be added of $250 per day late.
Disclaimer: The official starting day of the contract is 7/2/14 meaning the last day to pay back the money (before late fees) is 7/9/2014. As for the late fees they are due as fast as possible but the contract will be considered breached if the loan, mandatory interest, and late fees aren't all given to Me, @Gmoneyman118 (the loan initiator) by week 2 7/16/14.
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.
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gcoleman118 BuilderBuilder ⛰️ Ex-Mayor ⚒️⚒️
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@Gmoneyman118, can you please put a reasonable end date on when late fees are due?
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gcoleman118 BuilderBuilder ⛰️ Ex-Mayor ⚒️⚒️
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gcoleman118 BuilderBuilder ⛰️ Ex-Mayor ⚒️⚒️
you need to state whether you agree or not
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@Ganfeld Please reagree using the following format:
IGN:
<your in-game name.>
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.> -
You need to re-agree with the format below :) :
IGN:
<your in-game name.>
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.> -
IGN:Ganfeld
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:
Yes
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