[Contract] Loan

Discussion in 'Approved Contracts Archive' started by xpurexcorex, Jan 17, 2018.

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  1. xpurexcorex

    xpurexcorex Daddy Trump
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    IGN:
    xpurexcorex

    Users Involved in this Contract:
    @xpurexcorex and @Magiix

    General Purpose of Contract:
    @xpurexcorex will be loaning @Magiix $1,500,000 with a pay back of $2,100,000 ECD

    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, @xpurexcorex agree to send $1,500,000 ecd to @Magiix within 24 hours after the contract is approved.


    The other user(s) involved with this contract must agree to the following terms:
    @Magiix agrees to the following...
    @Magiix agrees to pay $2,100,000 ECD, $150,000 a week for 14 weeks totaling $2,100,000 ECD. Payments to the loan will be at /warp America inside my office.
    Coords x:9381 y:64 z:2409
    @Magiix
    agrees that he will have to pay an additional $150,000 as a late fee if he doesnt pay the $2,100,000 within 14 weeks of the approval of this contract. Wednesday, April 25, 2018 will be the due date.

    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


    @Magiix please use this format to confirm/deny

    IGN: <ign>

    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/no
     
    #1 xpurexcorex, Jan 17, 2018
    Last edited: Jan 17, 2018
  2. iTzXtremeGaming

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    IGN: @Magiix

    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. xpurexcorex

    xpurexcorex Daddy Trump
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    @Magiix I have edited in the coords of the sign, please re agree.
     
  4. iTzXtremeGaming

    iTzXtremeGaming Resident
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    IGN: @Magiix

    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
     
  5. hooliajade

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    Great! Thank you @xpurexcorex and @Magiix

    Contract looks good, dont forget to take screenshots for proof of payments

    Status: Approved
     
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