[Contract] Loan

Discussion in 'Approved Contracts Archive' started by Gummy_Cola, Jul 20, 2017.

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  1. Gummy_Cola

    Gummy_Cola Builder
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    IGN:
    @Gummy_Cola

    Users Involved in this Contract:
    @theYuniverse

    General Purpose of Contract:
    The organization of a loan from @Gummy_Cola to @theYuniverse

    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 will transfer $195,000 ECD to @theYuniverse within 4 hours of this contract's approval.
      • I will create a trade sign at XYZ: -11308.356 / 90.500 / 273.649 in rising as an alternative payback method. Trade sign will be created when the 195,000 ECD is given.
    The other user(s) involved with this contract must agree to the following terms:
    • @theYuniverse will transfer:
    • If within 1 week of money received: $235,950 ECD
    • If within 2 weeks of money received: $241,800 ECD
    • If within 3 weeks of money received: $247,650 ECD
    • If within 4 weeks of money received: $253,500 ECD
    • to @Gummy_Cola to repay the loan in total.
    • A $500 ECD LATE FEE will be applied for every day past the due date.
    • 200 day cap on late fees.
     
    #1 Gummy_Cola, Jul 20, 2017
    Last edited: Jul 20, 2017
  2. theYuniverse

    theYuniverse Builder
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    theYuniverse

    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 to these terms.
     
  3. pokeball92870

    pokeball92870 PokeManiac
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    This contract has been revised, please have @theYuniverse re-read and agree to the terms above before we can go through.
     
  4. theYuniverse

    theYuniverse Builder
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    #4 theYuniverse, Jul 20, 2017
    Last edited: Jul 20, 2017
  5. theYuniverse

    theYuniverse Builder
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    theYuniverse

    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:
    @pokeball92870 & @Gummy_Cola I have re-read and agreed to these terms.
     
    #5 theYuniverse, Jul 20, 2017
    Last edited: Jul 20, 2017
  6. pokeball92870

    pokeball92870 PokeManiac
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    Everything's in order. Be sure to screenshot/keep documentation of any transactions that result from this contract (hit F2 to screenshot!).
    Contract approved, locked.
     
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