The subject of the contract is to take out a long-term loan in 2023 in the amount of 3,600,000.00 to finance the budget deficit planned for 2023
1. The subject of the contract is to take out a long-term loan in 2023 in the amount of 3,600,000.00 to finance the budget deficit planned for 2023.
2. The date of signing the contract shall be the date of placing the loan at the disposal of the Ordering Party on dates and tranches tailored to the needs of the Ordering Party using:
- 19.12.2023 in the amount of PLN 3,600,000.00.
on the basis of the Ordering Party's instruction with the deadline for launching the tranche. The Contracting Authority allows the submission of an instruction to activate the loan on the model in force at the Contractor. Instructions to release loan tranches will be sent in electronic form (mail lb home banking) with the deadline for disbursing the tranche, while the original will be immediately delivered to the bank. Providing the original cannot determine the activation of the loan.
3. Repayment of loan installments will take place in the years 2034 - 2040 in monthly installments per day
given in the table below:
Loan – PLN 3,600,000.00
Repayment date Installment amount in PLN
1. 31.03 2034 r. 87 500,00
2. 31.05.2034 r. 87 500,00
3. 30.09.2034 r. 115 000,00
4. 30.11.2034 r. 100 000,00
Total year 2034 390 000,00
5. 31.03.2035 r. 150 000,00
6. 31.05.2035 r. 150 000,00
7. 30.09.2035 r. 150 000,00
8. 30.11.2035 r. 150 000,00
Total year 2035 600 000,00
9. 31.03.2036 r. 150 000,00
10. 31.05.2036 r. 150 000,00
11. 30.09.2036 r. 150 000,00
12. 30.11.2036 r. 150 000,00
Total year 2036 600 000,00
13. 31.03.2037 r. 150 000,00
14. 31.05.2037 r. 150 000,00
15. 30.09.2037 r. 150 000,00
16. 30.11.2037 r. 150 000,00
Total year 2037 600 000,00
17. 31.03.2038 r. 150 000,00
18. 31.05.2038 r. 150 000,00
19. 30.09.2038 r. 150 000,00
20. 30.11.2038 r. 150 000,00
Total year 2038 600 000,00
21. 31.03.2039 r. 150 000,00
22. 31.05.2039 r. 150 000,00
23. 30.09.2039 r. 150 000,00
24. 30.11.2039 r. 150 000,00
Total year 2039 600 000,00
25. 31.03.2040 r. 110 000,00
26. 31.05.2040 r. 100 000,00
Total year 2040 210 000,00
TOTAL LOAN 3,600,000.00
4. We do not provide a grace period for interest payments. The loan will be repaid from 31/03/2034.
5. Interest rate based on the variable WIBOR rate of 1 M and the bank's margin.
The contractor is obliged to provide the amount of the margin in percent. For purposes
price comparability of interest rate offers should be calculated on the basis of quotation
WIBOR 1 M in force on the date of publication of this contract in the Official Journal of the European Union.
The base rate during the term of the contract is WIBOR 1M valid two working days before the beginning of each quarterly settlement period.
The Ordering Party agrees to apply the WIBOR 1M rate calculated as follows: as the arithmetic mean of the last five quotes in the month preceding the month of accrual of interest.
6.The bank's margin is fixed during the loan period.
7. The amount of a one-off commission on the loan granted the Contractor is obliged to provide as a percentage. The commission will be payable on the date of launching each tranche of the loan.
8.Interest will be repaid on a monthly basis without a grace period, only on the amount of the loan actually activated.
9. The loan will be secured in the form of a blank promissory note together with a promissory note declaration – up to the amount of the liability.
10. The borrower will have the right to incur a smaller amount
credit /not using the full amount of the loan/ and the right to early repayment
credit without additional costs and the possibility of postponing the repayment of the loan within the established years of credit.