The object of the order is the service of taking out a long-term loan of 5 600 000.00 PLN (words golden: five million six hundred thousand PLN 00/100).

4.1. The object of the order is the service of taking out a long-term loan of 5 600 000.00 PLN (words golden: five million six hundred thousand PLN 00/100).

4.2. The Contractor in preparation of the offer must:

— take into account all the costs associated with obtaining credit,

— take into account all costs associated with the repayment of the loan and provide in the offer the total cost of its repayment for the envisaged loan period,

— include the interest rate on the loan according to the arithmetic average WIBOR 1M rate for the month of June 2021 plus the Contractor's margin.

4.3. Detailed terms of the loan:

— payment of principal until 31 December 2027,

— payment of the first installment of capital by the end of January 2028. Installments payable until the last day of each month,

— Contractor's margin is fixed during the contract period,

— the interest rate and commission are the cost of servicing the loan,

— the Contractor's margin and the amount of commissions are not subject to change during the duration of the contract,

— form of credit collateral — a promissory note in blanco together with a promissory statement for the sum corresponding to the amount of debt on the credit used together with interest and other costs of the Contractor,

— The Contracting Authority is not in arrears to the Social Insurance Company and the Tax Office,

— the submission of the Treasurer of the Municipality's countersignate on credit documents (credit agreement, blanco promissory note, declaration of issue of promissory notes in blanco),

— The Contracting Authority does not use leases and issuance of debt securities,

— interest on the credit during the grace period, i.e. from the time of payment of the first tranche of the loan until the first instalment is repaid will be payable until the end of each month. Other according to the repayment schedule prepared by the Bank, only on the amount of the loan actually launched,

— the payment of interest on capital installments shall be taken on the day of the charge of the Ordering Party's account. If the term of payment falls on a statutory day off work, the payment of interest and credit shall be made on the first working day following the statutory day off work,

— The Contracting Authority reserves the right to use only a portion of the credit granted. In this situation, the Contracting Authority will not incur any additional costs due to the failure to use the funds granted. The Contracting Authority reserves the possibility of using a smaller amount of credit or opting out of the credit without incurring any costs. In case of borrowing less than planned, this will not result in termination of the credit agreement and will not cause any other claims made by the Contractor in relation to the Contracting Authority. The Contractor will not charge and charge interest, any fees and bank commissions on the amount of unused credit,

— The Contracting Authority reserves the right to repay part or all of the credit early. In the above situation, the Contracting Authority will not incur any additional costs. In the event of early repayment of the loan, the interest will be counted for the period of its actual use,

— The Contracting Authority reserves the right to opt out of the use of part of the credit without additional fees and costs,

— the number and amount of tranches of credit commissioning will be determined by the Contracting Authority according to his current needs, on the basis of written disposal of the Ordering Party,

— variable loan rates based on WIBOR 1M on the last business day of the previous month plus bank margin (fixed) during the term of the contract.

Attention:

For the purpose of calculating the offer price, the base rate of interest should be taken at the average arithmetic rate of WIBOR 1M for the month of June 2021 plus the bank margin,

— The Contractor will charge interest on the loan amounts actually used. Interest will be charged for the actual number of days of use of the credit assuming that the year is 365 days, from the date of inception of the debt on the loan provided up to and including the day before repayment.

The remainder shall be found in Chapter 4 of SWZ, points 4.1 to 4.3.