The subject of the contract is the service of granting a long-term loan in the amount of PLN 9,400,000.00 (in words: nine million four hundred thousand zlotys) for the purpose of financing the planned budget deficit and repayment of previously taken loans and credits.
1. The subject of the contract is the service of granting a long-term loan in the amount of PLN 9,400,000.00 (in words: nine million four hundred thousand ZLOTYs) for the purpose of financing the planned budget deficit and repayment of previously taken loans and credits. 2. The loan will be activated on the basis of the Ordering Party's instruction sent to the Contractor by fax or e-mail within 2 working days from the date of submitting the instruction, to the basic account of the Commune by 31.12.2022 3. The Contractor will place the loan at the disposal of the Ordering Party once or in tranches. 4. Repayment of the loan will take place in quarterly periods - until the last day of the month - starting from March 31, 2023 to December 31, 2033: - PLN 200,000,- quarterly in 2023, - PLN 100,000 quarterly in 2024, - PLN 100,000 quarterly in 2025, - PLN 150,000 quarterly in 2026, - PLN 25,000 quarterly in 2027, - PLN 25,000,- PLN quarterly in 2028, - PLN 25,000 quarterly in 2029, - PLN 400,000 quarterly in 2030, - PLN 400,000 quarterly in 2031, - PLN 425,000 quarterly in 2032, - PLN 500,000,- quarterly in 2033. 5. Interest will be payable in monthly installments until the last day of the month starting from the month in which the loan was launched. 6. Interest will be calculated from the day following the payment of the loan/ tranche up to and including the repayment date. 7. A grace period for repayment of the loan until 30.03.2023 shall be determined 8. The loan repayment schedule is included in Annex 1 to SWZ.