IGN: @twistedjonny Users Involved in this Contract: @xpurexcorex General Purpose of Contract: I will give @xpurexcorex a 600,000 eco dollar (ecd) loan, and @xpurexcorex will pay back 750,000 ecd in 8 weeks at a rate of at least $93,750 per week. First payment is due 7 days from the approval of this contract. The remaining 7 payments will be due 7 days after that and then 7 days after that and so on. 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, @twistedjonny agree to send 600,000 ecd to @xpurexcorex within 24 hours after the contract is approved. The other user(s) involved with this contract must agree to the following terms: @xpurexcorex agrees to the following terms: @xpurexcorex will pay @twistedjonny 750,000 ecd within 8 weeks after having received 600,000 ecd. Payments on the loan will be done through trade sign(s) at /warp twistedcity @xpurexcorex agrees that he will have to pay an additional 70k as a late fee if he doesnt pay the $750,000 within 8 weeks of the approval of this contract. 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.
IGN: @xpurexcorex 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
Everything looks fine to me, just make sure to take time-stamped screenshots of all payments! Locked- Approved.