[Contract] $2,000,000 Loan

Discussion in 'Approved Contracts Archive' started by Obblebobble, Feb 14, 2016.

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  1. Obblebobble

    Obblebobble Vault of ECC - Founder
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    IGN:
    @Obblebobble

    Users Involved in this Contract:
    @SCgenesis
    General Purpose of Contract:
    Loaning $2,000,000 with $2,400,000 due in 1 month (15th March 2016 (GMT+10))

    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 agree to pay @SCgenesis $2,000,000 ECD within 24 hours of this contract being approved.

    The other user(s) involved with this contract must agree to the following terms:
    @SCgenesis must:
    - Repay the loan of $2,400,000 on or before the 15th of March 2016.
    - Pay late fees of $10,000 for every day after the 15th of March that the payment is late. A maximum of 14 late days will be allowed.
    - Repay the above payments to a sign at /warp kokiri without going down the lifts. We're running out of space so the loan repayments are ABOVE ground and behind. Next to the sign that has "@SCgenesis" on it. (-4721, 90, 864 Rising)


    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.:
    I, @Obblebobble, agree.
     
    #1 Obblebobble, Feb 14, 2016
    Last edited: Feb 14, 2016
  2. SCgenesis

    SCgenesis Builder
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    IGN: @SCgenesis
    <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: yes
    <Agreement to the terms laid out in the contract post, yes or no.>
     
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  3. zr2002

    zr2002 Nub Moderator
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    Okay, looks good! Be sure to take time-stamped screenshots by double tapping f2 when making the transactions :)

    Locked - Contract Approved
     
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