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Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4133
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Posted - 2014.12.19 10:37:37 -
[1] - Quote
Seeking to borrow ISK to fund a specific production exercise. Will pay 1% interest per week (or part thereof) on the outstanding balance and will make principle repayments in exchange for receiving part of the collateral back.
It's my intention to pay this back reasonably quickly but no promises.
Partial fulfillment for partial collateral will be considered.
Terms:
- At or near the end of each week, Sabriz is to pay 1% of the highest outstanding balance from that week period as interest.
- At any time during the loan period, if the lender wishes to buy out the collateral (for instance, if the hulls involved increase in price), a 'default premium' has been listed on the collateral. The lender has the option to 'default' on the loan at any time by keeping the collateral if they pay the default premium and if they do, I agree that they have not 'scammed' me in any way and will not accuse them of doing so.
- When not behind in interest payments, Sabriz may make principle repayments in exchange for the release of collateral at the loan value.
- If Sabriz falls 3 days behind in any interest payment, the loan is considered in default
- If the principle is not repaid within 91 days it is considered in default.
- When the loan is in default, the 'default premium' falls to 0.
Collateral (All is in contiguous highsec. It is not all in one location):
19x Oneiros hull, 13 in Dodixie, 6 in a minor hub. Loan value 155m/unit (2945m total), default premium 20m/unit 27x Eris hull, Jita 4-4. Loan value 45m/unit (1215m total), default premium 5m/unit
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4133
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Posted - 2014.12.19 10:56:41 -
[2] - Quote
Edit: Can expand the collateral (and loan) with 26 Enyos at 24m/unit (624m total), default premium 4m/unit. I will have no trouble servicing a 5b loan.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Cheese Crackers
Opportunists Alike
15
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Posted - 2014.12.19 12:19:12 -
[3] - Quote
interested, how long will the loan be for and what are you intending on doing with the isk.
cheers, CC. |
Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4136
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Posted - 2014.12.19 12:37:47 -
[4] - Quote
Mister Crackers, response made via evemail.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Jerry T Pepridge
Meta Game Analysis and Investment INC.
232
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Posted - 2014.12.19 14:47:58 -
[5] - Quote
or you could just sell the ships
ATM u risk, losing the ships (undervalueing them) + 1% a week for no good reason other than roleplay / rep grind. |
Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4151
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Posted - 2014.12.19 21:31:09 -
[6] - Quote
Being filled under slightly different terms by Cheese Crackers.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4151
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Posted - 2014.12.19 21:47:51 -
[7] - Quote
Mr Crackers. All four contracts have been made with the collateral. For interest purposes, loan term commences when you accept the fourth one. Interest terms as discussed via EVEmail, and collateral valuation as specified in each contract.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Cheese Crackers
Opportunists Alike
15
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Posted - 2014.12.19 22:30:55 -
[8] - Quote
contracts have been accepted. eve mail sent. pleasure, CC. |
Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4151
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Posted - 2014.12.19 23:11:15 -
[9] - Quote
Confirming receipt of funds at 2224 EVE time, Sat 19th Dec.
First interest payment due at (or before) 168 hours after that time.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4192
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Posted - 2014.12.23 10:18:10 -
[10] - Quote
Mr Crackers. Is it your preference to have the loan principle repaid quickly or slowly? I can accomodate either.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Cheese Crackers
Opportunists Alike
15
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Posted - 2014.12.23 21:04:49 -
[11] - Quote
I don't mind either. If your making lots fast and want to get it done faster, we can do that. |
Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4215
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Posted - 2014.12.24 22:11:14 -
[12] - Quote
Mr Crackers. Contract me back the Erises at the amount originally collateralized against them (1275m), plus one week's interest. I will accept within 12 to 24 hours max. The remainder of the principle will remain outstanding into week two.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Cheese Crackers
Opportunists Alike
15
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Posted - 2014.12.24 23:12:38 -
[13] - Quote
Contract has been made. |
Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4215
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Posted - 2014.12.24 23:21:16 -
[14] - Quote
Contract accepted, week 1 interest also paid a little early
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4266
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Posted - 2015.01.02 05:14:50 -
[15] - Quote
Just to confirm week 2 interest was paid a few days early, into week 3 with no further principle repayments made since the first one.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Cheese Crackers
Opportunists Alike
20
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Posted - 2015.01.02 10:30:33 -
[16] - Quote
confirming week two interest was paid on the 30th.
cheers, CC. |
Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4309
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Posted - 2015.01.07 09:01:02 -
[17] - Quote
Mr Crackers.
It is my intention to repay most of the loan over the next couple days.
Is it possible to post the contract for the Oneiroses that are located in Jita first, but split it into two roughly equal lots? That will work better with my cashflow (they may be accepted at once or a little apart, depending upon how tied up my trading capital is). 6 and 7 or 5 and 8 will both work.
The other goods can wait a few days.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Cheese Crackers
Opportunists Alike
23
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Posted - 2015.01.07 09:04:59 -
[18] - Quote
I can do that. I'll arrange it as soon as i can. |
Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4311
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Posted - 2015.01.07 10:42:27 -
[19] - Quote
I'm really not fussed about the 9k, especially given that setting up private contracts requires 10k.
Will accept soon. Dodi, Jita, I get them confused from time to time.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4338
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Posted - 2015.01.09 23:00:33 -
[20] - Quote
Flip me the rest up in one contract per location, and charge the collateral plus one week's interest. I'll accept this week as soon as liquidity allows (which might be tomorrow, might be 3-4 days, might be the full week)
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Cheese Crackers
Death Stroke Undertaking
30
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Posted - 2015.01.10 01:05:22 -
[21] - Quote
all set up and awaiting your mouse click when your ready.
cheers, CC. |
Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4350
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Posted - 2015.01.12 07:35:07 -
[22] - Quote
88% repaid, last few hundred mill to go as soon as liquidity allows
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4351
|
Posted - 2015.01.12 20:54:54 -
[23] - Quote
100% repaid. Thank you.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Cheese Crackers
The Scope Gallente Federation
31
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Posted - 2015.01.12 21:58:33 -
[24] - Quote
Confirming loan has been repaid in full. Hassle free with no problems.
Cheers, CC. |
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