[Loan] Magiix

Discussion in 'Approved Contracts Archive' started by Lurxolt, Dec 27, 2017.

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  1. Lurxolt

    Lurxolt Chikun Banker
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    IGN:
    @Lurxolt

    Users Involved in this Contract:
    @Magiix

    General Purpose of Contract:
    I will give @Magiix a 250,000 eco dollar (ecd) loan, and @Magiix will pay back 310,000 ecd within 1 week.

    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, @Lurxolt agree to send 250,000 ecd to @Magiix within a day after the contract is approved.

    The other user(s) involved with this contract must agree to the following terms:
    @Magiix agrees to the following terms:
    @Magiix will pay @Lurxolt 310,000 ecd within 1 week after having received 250,000 ecd. Payments on the loan will be done through trade sign(s) at (x:-9200 y:76 z:-9004 (/warp lurxfeld, 2nd floor of the warp building)) in Rising. The trade sign contains 31 stones for a price of $10,000 each.
    @Magiix agrees that if he doesnt pay the 310,000 ecd within 4 days after his last payment was due, that he will have to pay an additional 30,000 ecd as a late fee.


    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, I agree.

    @Magiix please use this format to agree to the contract:

    IGN:
    <your in-game name.>

    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:
    <Agreement to the terms laid out in the contract post, yes or no.>

     
    #1 Lurxolt, Dec 27, 2017
    Last edited: Dec 27, 2017
  2. 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
     
  3. Lurxolt

    Lurxolt Chikun Banker
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    Changed the trade sign clause to say "31 stones for a price of $10,000 each." It was $1,000 previously ;)

    @Magiix please reapprove, sorry!
     
    #3 Lurxolt, Dec 27, 2017
    Last edited: Dec 27, 2017
  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. xLegend_Killer

    xLegend_Killer Builder
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    Looks good, be sure to take time stamped screenshots of all transactions by double tapping F2.

    Locked - Contract Approved.
     
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