500k Loan to @Enougher

Discussion in 'Approved Contracts Archive' started by DiamondDesire, Oct 2, 2016.

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  1. DiamondDesire

    DiamondDesire Queen of Diamonds
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    IGN:
    @DiamondDesire

    Users Involved in this Contract:
    @Enougher @DiamondDesire

    General Purpose of Contract:
    For @DiamondDesire to give @Enougher a 500k loan for a 600k payback in 3 weeks.

    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:
    @DiamondDesire will give @Enougher 500k within 24 hours of this contract's approval.
    @DiamondDesire understands that if @Enougher is late on the payment there will be a late fee of 10k/day for 3 days. After this @DiamondDesire has the right to file a complaint.

    The other user(s) involved with this contract must agree to the following terms
    @Enougher understands that if she is late on the payment there will be a late fee of 10k/day for 3 days. After this @DiamondDesire has the right to file a complaint. Each day ends on midnight GMT.
    @Enougher agrees to pay back 200k/week by the following dates:

    October 10th, 2016 - 200k
    October 17th, 2016 - 200k
    October 24th, 2016 - 200k

    Total amount to be paid: 600k.

    @Enougher agrees to make these payments to the trade signs at X: 5163 Y: 72 Z: -1495 in Rising. (/Warp Gamble Debt place)


    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
     
    #1 DiamondDesire, Oct 2, 2016
    Last edited: Oct 2, 2016
  2. Enougher

    Enougher ECC Sponsor
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    IGN: @Enougher

    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.
     
  3. zr2002

    zr2002 Nub Moderator
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    Looks good! Remember to take time-stamped screenshots of all transactions :)

    Locked - Contract Approved
     
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