The subject of the contract is: granting and servicing a long-term loan up to the amount of PLN 7,700,000.00. to finance the planned budget deficit and to repay previously incurred liabilities due to loans and credits incurred by the Municipality and the City of Raszków.

The Ordering Party requires:

Method of loan activation: loan credited to the bank account of the Municipality and City of Raszków No. 13 84300009 2001 0000 0215 0190 on dates and tranches according to the following detail:

tranche number date of starting the loan tranche loan tranche amount of the loan activated – cumulative

1 by 16.10.2023 launch 2 000 000,00

2 by 15.11.2023 launch 2 000 000,00

3 by 05.12.2023 launch 2 000 000,00

4 by 20.12.2023 launch 1 700 000,00

Total planned loan 7,700,000.00

The subject of the contract is: granting and servicing a long-term loan up to the amount of PLN 7,700,000.00. to finance the planned budget deficit and to repay previously incurred liabilities under loans and credits incurred by the Municipality and the City of Raszków

2.1. The amount and date of transfer of tranches may change in the event of obtaining external funds and changes in the schedule of capital expenditure. The date of transfer of funds to the disposal of the ordering party will be determined by submitting by the Ordering Party a request for funds to release the loan tranche (without any conditions on the part of the lending bank).

2.2. The Ordering Party has the right to perform the loan in the amount lower than PLN 7,700,000.00.

2.3. The Ordering Party shall have the right to submit a written statement of resignation from further use of the loan.

2.4. For the unused amount of credit, the Purchaser shall not incur any additional fees or commissions.

2.5. The Ordering Party has the right to early repayment of all or part of the loan on the date indicated by it, without incurring any fees.

2.6. In the event of circumstances consisting in non-use of the loan in full or early repayment of the loan by the Ordering Party, no amendment to the contract is required – the Ordering Party proposes a new repayment schedule, which is subject to acceptance by the Contractor.

2.7. The Ordering Party excludes charging other commissions and fees, except for those specified in the SWZ.

2.8. Settlements between the Contracting Authority and the Contractor shall be conducted in PLN (Polish zlotys) The Contracting Authority does not provide for settlements in foreign currencies.

2.9. The Ordering Party does not provide for the settlement of funds released from the loan.

2.10. The Borrower will not incur any costs related to the transfer of funds for the release of the loan to the budget account of the Municipality and the City of Raszków.

2.11. The gross offer price must include all costs related to the implementation of the subject of the contract specified in the SWZ. The price consists of the cost of servicing the loan constituting the sum of interest resulting from the variable rate WIBOR-1M and a fixed bank's margin throughout the loan period.

2.12. Date of making the loan available – no later than within 5 days from the date of signing the contract.

2.13. Start date: date of award of the contract, i.e. date of signature of the loan agreement.

2.14. Completion date: 10.01.2036, i.e. the date of repayment of the last interest installment (repayment date of the last installment of principal 31-12-2035)

2.15. The Ordering Party requires the transfer of funds to the Ordering Party's bank account no later than within 5 days from the date of submission of a written instruction by the Ordering Party.

3. Loan term: from 15 October 2023 By 10 January 2036 (i.e. from the date of disbursement of the 1st tranche of the loan until the date of repayment of the last interest installment).

4. Grace period for repayment of capital: repayment of capital will take place starting from 31.03.2026.

5. Loan repayment period: the amount of loan installments due in individual quarters should be adopted according to the loan installment repayment schedule – Annex No. 2 to the SWZ If the loan repayment date expires on a public holiday, the loan may be repaid on the first business day after that day.

6. Method of interest payment: The Ordering Party's liabilities for interest on the loan will be settled in monthly accounting periods on the basis of a debit note issued by the bank. The actual number of days of credit use in each month and the year 365 days or 366 days of a leap year is used to calculate the amount of interest. The amount of interest expressed in PLN with an accuracy of two decimal places.

7. Variable interest rate on the loan, calculated for each monthly interest period based on WIBOR 1M. For individual interest periods, the WIBOR 1M rate should be calculated as the arithmetic mean of the last five quotations in the month preceding the month of accrual of interest.