[Contract] Loan

Discussion in 'Approved Contracts Archive' started by jmichael214, Jun 29, 2016.

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  1. jmichael214

    jmichael214 Back Again, Apparently
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    IGN:
    @jmichael214

    Users Involved in this Contract:
    @0TheRedHerring0

    General Purpose of Contract:
    @jmichael214 will loan $500,000 to @0TheRedHerring0, in return for which @0TheRedHerring) will pay back $600,000 over eight 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:
    Within 24 hours of approval of this contract by staff, @jmichael214 will pay @0TheRedHerring0 $500,000.

    The other user(s) involved with this contract must agree to the following terms:
    @0TheRedHerring0 will make payments of $75,000 per week to a payment sign located in the gatehouse tower located at /warp zenith.
    The sign is located at Rising, -189, 83, 305.
    The first payment will be due seven days after the payment of $500,000 by @jmichael214 to @0TheRedHerring0, and the remaining payments will be due weekly thereafter on the same day of the week, until paid in full.
    There are no late fees. Late payment will result in the filing of a formal complaint.

    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 jmichael214, Jun 29, 2016
    Last edited: Jun 30, 2016
  2. maroiogog

    maroiogog ( ͡° ͜ʖ ͡°)
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  3. jmichael214

    jmichael214 Back Again, Apparently
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    Quite right. The sign is located at Rising, -189, 83, 305. It can also be seen in these screenshots. /warp zenith lands you on the bridge which can be seen through the gatehouse in the first picture. When you land, the sign will be in the tower behind you and to the right, as can be seen in the second picture. Also, I opened up the gate tower, which has lift signs inside in case you don't have fly.
     
    #3 jmichael214, Jun 29, 2016
    Last edited: Jun 29, 2016
  4. 0TheRedHerring0

    0TheRedHerring0 President
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    IGN:
    @0TheRedHerring0

    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:
    I agree
     
  5. maroiogog

    maroiogog ( ͡° ͜ʖ ͡°)
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  6. jmichael214

    jmichael214 Back Again, Apparently
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  7. 0TheRedHerring0

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    IGN: @0TheRedHerring0

    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:
    I agree

     
  8. maroiogog

    maroiogog ( ͡° ͜ʖ ͡°)
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    Hello guys since the contract looks good i'll aproove it. Please remember to take timestamped screenshots of all transactions double tapping f2.

    Locked, approved.
     
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