1. The object of the contract is to grant the Municipality of Kazimierz Wielka a long-term bank loan up to PLN 5,500 000.00 to finance the planned budget deficit of the Municipality of Casimir Wielka in 2021.

2. For a detailed description of the item of the order, see Annex 2 of the SWZ.

3. The Contracting Authority does not provide for the specification in the description of the subject of the contract requirements referred to in Article 95 (1) of the Law of Public Procurement Act due to the fact that in the execution of the object of the contract there are no activities specified in the Work Code Act, which is referred to by the provision in question.

1. The Contractor shall grant the Contracting Authority a credit in the Polish currency of up to PLN 5,500 000,00 (in words: five million five hundred thousand PLN 00/100) under the terms laid down in the credit agreement.

2. The amount of credit will be launched in tranches through the implementation of the payment disposal of the Borrower in the burden of the credit account opened by the Bank to the Borrower.

3. The Ordering Party will allocate funds from the credit to finance the planned budget deficit of the municipality of Kazimierza Wielka in 2021, in accordance with Article 89 (1) (2) of the Law of 27 August 2009 on public finances (i.e. Journal of Laws of 2021, item 305).

4. The loan will be granted for the period from the date of conclusion of the contract until 31 December 2033.

5. The Contractor shall open the credit account at the latest on the shorting date of the contract and shall be free of charge during the implementation of this credit agreement.

6. The Contractor shall activate the credit funds in accordance with the Contracting Authority's dispositions in dispositions submitted to the Contractor, without submitting a separate credit application subject to consideration. The Bank will activate the funds of individual tranches of the loan within 3 days after submitting a written application by the Ordering Party and transfer to the Cooperative Bank a branch in Casimir Wielka for the account of the Contracting Authority No. 18 8493 0004 0180 0130 0020 0001

7. The deadline for the use of the loan is dated December 31, 2021.

8. The Contracting Authority reserves the possibility of taking out a loan less than the amount referred to in point 1. The Bank will not, in this case, charge the borrower with additional costs.

9. The use of credit will be in the Polish currency (PLN).

10. The amount of interest credit used will be at an annual ratio at the variable rate. The interest rate shall be equal to the amount of the base rate plus the Contractor's fixed margin, determined on the basis of the tender made.

11. The contracting authority's liabilities for interest on the loan will be regulated during quarterly periods.

12. Interest is charged on the balance of the loan according to the actual calendar (365/366 days).

13. The amount of the base rate (1M) which is the basis for the calculation of the loan interest rate in the month concerned and the amount of interest accrued for the month, the Ordering Party shall be notified in writing or by e-mail by the Contractor within the period of 5 day of that month.

14. The contractor's margin is fixed in the contractual period of credit and repayment of the loan.

15. Interest for the period from the date of application of the loan until the end of the entire credit period will be accrued on a monthly basis and payable quarterly basis, up to 10 to the day following the quarter, i.e. 10 January, 10 April, 10 July, 10 October. By which point: if the loan repayment date or interest is on a statutory day off work or Saturday, the deadline is the next day, which is not a day off work or a Saturday.

The last interest instalment will be payable including the capital installment, i.e. until 31.12.2033.

16. The Contracting Authority may make early repayment of the loan without financial consequences for the Contracting Authority.

17. If you intend to repay the loan used before the date set in the contract, the Contracting Authority shall notify the Bank of the scheduled repayment date 5 days in advance.

18. From the use of the credit, interest will be charged at the rate determined as follows:

(a) On the credit used, the Bank charges interest charged at a variable rate, representing the sum of the WIBOR 1M base rate for the one-month period and the Bank's margin. The Bank's margin is immutable during the duration of the agreement,

(b) Loan interest rate is changed depending on the change in WIBOR 1M rate indicated in paragraph (a). The change in this rate does not constitute a change of contract and does not require an annex to the contract

(c) The rate of WIBOR 1M for a one-month period shall be determined as the arithmetic mean of the month preceding its period and published.