[Contract]

IGN:
@Nicit6

Users Involved in this Contract:
@Exilenela

General Purpose of Contract:
Loan

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 pay Exile $1,400,000 within 24 hours of contract approval. Payment will be made via forum.

The other user(s) involved with this contract must agree to the following terms:
- Exile will pay towards this loan per week, until the total principal of $1,400,000 has been repaid in full:
-- $75,000 minimum towards the principal
-- $25,000 in interest
-- This means the minimum weekly payment is $100,000

- Payments may be missed for two nonconsecutive weeks. If this happens the interest for the missed week is due the following week.

- The first weekly payment is due by Noon EDT on the second Sunday following this contract's approval.
- The loan must be completely paid in no more than 21 weeks.

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