A Contract Given to Archos Thyestes

[AsheandCinders]

A contract slid across a desk, in the last minutes of the Election

CONTRACT OF REIMBURSED CHARITY

This Contract shall define the Terms of Agreement Between Archos Thyestes, Hereafter referred to as the Signatory, and the Office of The Sublime Bank, hereafter referred to as The Bank.

Section 1) Obligations

1.a) The Signatory shall be provided with charity to the Value of 5000 Dinari, for the intended Purpose of Securing the Primary.
2.a) The Signatory agrees to see the total value of the charity reimbursed to The Bank, with a static interest of 30%, totalling 6500 Dinari.
3.a) The Signatory agrees to see Reimbursement provied at least once per week at a value of 1625 Dinari of the total 6500 Dinari reimbursement, until the total is reached.
       a) Any additional reimbursement within that week shall be considered early part-payment of the following week's reimbursement.
4.a) The Signatory shall provide either Collateral in the form of Assets or Goods deemed acceptable by the Bank to be Held by The Bank until the Reimbursement is Complete, or the Signature of a Co-Signatory who shall act as guarantor.
   4.b) In the event that the Collateral Asset provided is in the form of Property, the Signatory shall in addition to their Payments provide full payment of the Property Tax each week to be paid on their behalf by The Bank. Failure to do so shall be considered a Failure to Pay.

Section 2) Terms and Conditions

1.a) By signing this contract the signatory recognizes the bank's sole discretion in further usage and availability of this document.
2.a) The signatory waives all right to submit or aid in the submission of any charges of a non capital nature against The Bank or any Deputised Agent thereof who claims and is confirmed to be acting in the performance of their duties to ensure agreed reimbursement.
3.a) The Signatory recognizes the right of The Bank or any deputised agent thereof who claims and is confirmed to be acting in the performancs of their duties to ensure agreed reimbursement, to Seize any goods, possessions, properties, or other assets to the value of unpaid reimbursement as valued by The Bank in the event of a failure to pay, with such seizure constituing an expressed reprieve equal to the number of days outside of the agreed payment schedule.
4.a) The Signatory recognizes and accepts that failure to pay in full or part the notarized and agreed upon weekly reimbursement sum laid out in this contract for a period of greater than one week without expressed reprieve from an Official of The Bank shall be taken as a breach of contract to the full value of the total agreed sum of charity and may at the discretion of The Bank be charged as theft in criminal proceedings to highest level of offence permitted for the total sum, and subsequently waives all right to advocacy in any trial resultant from the submission of the charge.
5.a) In the Event of the death of the Signatory, The Bank reserves the right to claim from the deceased any goods, possessions, properties, or other assets to the value of unpaid reimbursement as valued by The Bank. Should this fail to meet the full value, it shall still be considered a failure to pay.
6.a) In the Event of the failure to pay by the Signatory, after any and all concequences The Bank chooses to raise have been leveled against the signatory matters shall proceed as follows based on the applicable circumstances of the contract:
  6.b)In the event that the Signatory provided the Signature of a co-signatory as their guarantor any and all remaining debt shall be taken up by the Co-Signatory who shall henceforth be considered the Signatory for all matters and terms laid out within the contract, with the stipulation that Interest on the repayment be doubled unless a new Co-Signatory or Collteral is provided as laid out in Section 1, Subsection 4.a.
  6.c) In the event that the Signatory put down Collateral, the Collateral is forfeit to The Bank, to do with as they wish.
  6.d) In the event that neither Subsections 6.b or 6.c of Section 6.a is applicable, the debt shall be forgiven.


Signed
______________
The Signatory

Signed (As Applicable)
______________
Co-Signatory

Countersign by Representative of the Office of the Sublime Bank.
Aaisha al-Samar

[Thaldrac]

[ A large thumbprint in ink seals the bottom of the document. ]