1. The object of the contract is to provide a long-term bank loan to cover the planned deficit and repay the previously incurred budget commitments of the Municipality of Inowłódz in 2021 to the amount of PLN 7.807,000,00 (in words: seven million eight hundred seven thousand PLN 00/100).

2. The Contracting Authority reserves the possibility of reducing the amount of the loan granted.

3. Scheduled loan deadline of November 30, 2021. Credit will run at most in three tranches.

NOTE: For the calculation of the loan price, it is planned to take out a loan in one tranche on 30.11.2021.

4. The loan will be repaid in the period 2022-2037 in monthly installments payable on the last working day of the month, starting from 31.01.2022 to 31.12.2037, according to the loan repayment schedule.

5. Karence in repayment of capital installments until 30.01.2022

Continuing: II.2.4) Description of the order

6. The credit will be run in tranches. The Contracting Authority shall determine each time the amount of the tranche of the credit and the date of its The commissioning of individual tranches of the credit will occur, after the contracting person has submitted a written disposition of the payment, without the submission of a separate credit application subject to consideration. The Contractor is obliged to start the credit no later than... * working days from the date of submission of the application by the Contractor in writing or by email.

7. Schedule for repayment of the loan:

year 2022 50.000,00 PLN x 5 m-cy = 250.000,00 PLN

year 2023 50.000,00 PLN x 2 m-ce = 100.000,00 PLN

year 2024 50.000,00 PLN x 6 m-cy = 300.000,00 PLN

year 2025 50.000,00 PLN x 8 m-cy = 400.000,00 PLN

year 2026 50.000,00 PLN x 6 mcy = 300.000,00 PLN

year 2027 50.000,00 PLN x 6 mcy = 300.000,00 PLN

year 2028 50.000,00 PLN x 3 m-ce = 150.000,00 PLN

year 2029 50.000,00 PLN x 4 mce = 200.000,00 PLN

year 2030 50.000,00 PLN x 4 mce = 200.000,00 PLN

year 2031 50.000,00 PLN x 8 m-cy = 400.000,00 PLN

year 2032 50.000,00 PLN x 12 m-cy = 600.000,00 PLN

year 2033 50.000,00 PLN x 12 m-cy = 600.000,00 PLN

year 2034 50.000,00 PLN x 12 m-cy = 600.000,00 PLN

year 2035 100.000,00 PLN x 11 mcy = 1.100.000,00 PLN

year 2036 100.000,00 PLN x 11 mcy = 1.100.000,00 PLN

year 2037 100.000,00 PLN x 11 m-cy = 1.100.000,00 PLN

107.000,00 PLN x 1 m-c = 107.000,00 PLN

TOGETHER 7.807.000,00 PLN

8. The Contracting Authority reserves the possibility of not charging a full credit. The Contracting Authority shall not allow the contractor to charge any additional bank fees and commissions on the unused part of the credit. In this case, the contractor will not charge the contractor for the costs of the uncollected credit.

9. The Contractor will not charge commissions for the commissioning of the credit and the commissioning of individual tranches.

10. The Contracting Authority reserves the possibility of extending the repayment period of the loan without incurring fees and commissions.

11. The cost of the loan will consist only of interest arising from the WIBOR variable interest rate and fixed margin. Interest will be charged on the amount of actual debt.

12. In addition to the interest rate of the loan, the Bank will not charge any additional fees and commissions for the contract awarded.

13. The loan will be interest-bearing by a variable amount consisting of a fixed margin of...% and a variable base rate of at the date of conclusion of the contract....% per annum. The total loan rate on the date of conclusion of the contract will be...% per annum.

14. WIBOR 1M will be fixed for each accounting period by quotation for two calendar days preceding the start of the accounting period concerned.

15. About the amount of interest payable for the month, the Bank will notify the Borrower in writing at least 2 days before the date of payment. A notification by email is also considered a written notification: finanse@inowlodz.pl

16. Interest for the period from the date of application of the loan until the end of the entire loan period will be paid

in monthly periods, on the last working day of each month to which they concern. Interest for the entire loan period should be counted by a method based on the actual number of days per month and the actual number of days per year, i.e. 365 or 366.

17. The borrower reserves the possibility of repayment of all or part of the loan before the end of December 2037, i.e. before the end of December 2037, as well as the possibility of repayment of the loan in installments and terms other than those shown in the repayment schedule, provided that early repayment of the principal requires prior notification of the bank. For the above actions, the contractor will not charge additional commissions or fees. In the event of such a change, the schedule and timing of loan repayments will change.

18. The underlying interest rate will be based on WIBOR 1M plus the contractor margin.

19. Loan interest rate represents the cost of the loan.

Detailed description of SWZ: Chapter 4: Order item