[Contract] BriianFTW Loan

Discussion in 'Approved Contracts Archive' started by myminecrafter01, Jul 26, 2015.

Thread Status:
Not open for further replies.
  1. myminecrafter01

    myminecrafter01 Builder
    Builder ⛰️ Ex-President ⚒️⚒️

    Joined:
    Jun 25, 2012
    Messages:
    1,061
    Trophy Points:
    33,340
    Gender:
    Male
    EcoDollars:
    $0
    Ratings:
    +180
    IGN: @myminecrafter01

    Users Involved in this Contract: @BriianFTW

    General Purpose of Contract: Layout the terms of a loan repayment.

    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:
    - Will transfer $300,000 ecodollars to @BriianFTW within 1 hour of contract approval.

    The other user(s) involved with this contract must agree to the following terms:
    - @BriianFTW will pay @myminecrafter01 $300,000 ecodollars, plus 10% of the original loan amount (10% of $300,000 = $30,000) per week taken to pay off the loan, on or before the 24th of August 2015.

    Payment timeline:
    Fully paid before 3/August/2015 - total amount owed $330,000.
    Fully paid before 10/August/2015 - total amount owed $360,000.
    Fully paid before 17/August/2015 - total amount owed $390,000.
    Fully paid on or before 24/August/2015 - total amount owed $420,000.


    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 agree.
     
    #1 myminecrafter01, Jul 26, 2015
    Last edited: Jul 26, 2015
  2. Ichins

    Ichins Resident
    Resident ⛰️ Ex-Tycoon ⚜️⚜️⚜️

    Joined:
    Nov 3, 2012
    Messages:
    187
    Trophy Points:
    31,290
    Gender:
    Male
    Ratings:
    +297
    IGN:
    @BriianFTW

    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 I agree and understand
     
  3. 7amoodw

    7amoodw Electrical and Electronics Engineer
    ECC Sponsor Resident ⛰️ Ex-EcoLegend ⚜️⚜️⚜️⚜️ Prestige ⭐ IV ⭐ Premium Upgrade

    Joined:
    Mar 16, 2012
    Messages:
    3,405
    Trophy Points:
    97,160
    Ratings:
    +5,202
    Remember to take screenshots of all transactions, double tapping F2 for timestamps.

    Locked, contract approved.
     
    • Like Like x 1
    • Informative Informative x 1
    • List
Thread Status:
Not open for further replies.