The subject of the contract is a service consisting in the implementation of a task called: "Granting a long-term loan in the amount of PLN 3,000,000.00 to repay previously incurred liabilities due to loans taken".

1. The subject of the contract is a service consisting in the implementation of the task called: "Granting a long-term loan in the amount of PLN 3,000,000.00 to repay previously incurred liabilities due to loans taken".

2. The loan will be placed at the disposal of the Ordering Party from the next business day after the date of conclusion of the loan agreement until 31.12.2022.

The expected date of using the loan – transferring funds to the indicated account of the Ordering Party: from the next business day after the date of conclusion of the contract to 31.12.2022.

3. Loan period - until 31 December 2032

4. The Ordering Party reserves the right to take out a loan in the amount less than specified

in this order and early repayment of the loan, without incurring additional costs in this respect.

5. The Ordering Party reserves the right to resign from starting the loan in full amount,

without incurring additional costs.

6. Repayment of capital and interest in Polish zlotys will take place in quarterly installments,

at the end of each quarter. Interest will be repaid on the dates of repayment of capital installments. The Contractor shall provide the Ordering Party with information on the amount of interest at least 7 working days before the repayment date, without charging the Ordering Party with costs.

7. The date of repayment of principal instalments and interest shall be the date of receipt of the receivable.

to the contractor's account. In the event that the loan repayment date and interest falls

on Saturdays, Sundays, public holidays or public holidays, the repayment date shall be observed when payment is made on the first working day following those days.

8. Expected dates and instalments of repayment of principal instalments:

- 40 installments in the amount of PLN 75,000.00 each, payable by March 31, June 30, September 30 and December 31 each year, starting from the first quarter of 2023.

9. The interest rate on the loan will be variable. It will be the sum of the margin proposed by the contractor in the offer and the WIBOR 3M rate. The amount of the margin will be fixed throughout the loan period (validity of the contract). The WIBOR 3M rate changes in a quarterly calendar cycle and takes the value from the last working day of the month preceding the next period.

10. In the event of liquidation of the WIBOR 3M rate, it will be changed, by agreement of the Parties, to the rate that will replace the WIBOR 3M rate, or to the rate closest in size and nature to the WIBOR 3M rate, without costs charged to the Ordering Party.

11. The Contractor shall charge interest on the amounts of credit actually used. Interest will be calculated for the actual number of days of use of the loan, assuming that the year equals the actual number of days 365 or 366 from the date on which the debt under the loan arose from the day preceding its repayment inclusive.

12. The legal collateral for the repayment of the loan will be a promissory note in blaco.

13. The Contractor shall not charge or charge any commissions and fees.

14. The Ordering Party declares that it is not in arrears with the payment of taxes and contributions

for social and health insurance and the Labour Fund.

15. The Ordering Party informs that on the website https://bip.lidzbarkw.pl/ in the tab: Assets, finances, budget, in the relevant subcategories, Contractors may download all documents and information regarding the budget of the Municipality of Lidzbark Warmiński, implementation of planned revenues, implementation of planned expenses, information on debt, reports on budget implementation, opinion of the Regional Chamber of Accounts.