1.The subject of the contract is: Granting a long-term loan to finance the planned budget deficit up to the amount of PLN 4,000,000.00. (four million zlotys)."
2.Allocation of long-term credit: financing of the planned budget deficit.
3.Loan period from the date of signature of the loan agreement until 31 December 2033
4.Grace period for repayment of principal instalments of the loan until 31 December 2023
5. The Ordering Party has the right to use the loan in the amount lower than PLN 4,000,000.00, without incurring additional costs (fees, commissions, etc.).
6.Security: blank promissory note together with a promissory note declaration.
7. Repayment of the loan (capital) will be made in 40 installments, as at the last working day of each quarter, starting from 31/03/2024, with the annual repayment of the loan being: PLN 400,000. (including: 4 installments of PLN 100,000 each).
1.The subject of the contract is: Granting a long-term loan to finance the planned budget deficit up to the amount of PLN 4,000,000.00. (four million zlotys)."
2.Allocation of long-term credit: financing of the planned budget deficit.
3.Loan period from the date of signature of the loan agreement until 31 December 2033
4.Grace period for repayment of principal instalments of the loan until 31 December 2023
5. The Ordering Party has the right to use the loan in the amount lower than PLN 4,000,000.00, without incurring additional costs (fees, commissions, etc.).
6.Security: blank promissory note together with a promissory note declaration.
7. Repayment of the loan (capital) will be made in 40 installments, as at the last working day of each quarter, starting from 31/03/2024, with the annual repayment of the loan being: PLN 400,000. (including: 4 installments of PLN 100,000 each).
8.Interest on the credit shall be calculated in quarterly accounting periods and payable on the last working day of each quarter, starting from the moment the tranche is disbursed.
9. The loan will be used until 30.12.2023 up to the amount of: PLN 4,000,000, i.e. after a written instruction to release the loan to the commune's account.
10. The bank will not demand a commission on the loan granted.
11. The interest rate on the loan will be calculated based on WIBOR 3M from quotations as of: 25-08-2023. for the purpose of examining offers.
12. The loan may not be charged with fees other than those listed in the SWZ.
13. The Ordering Party has the right to early repayment of the loan in whole or in part, without additional costs (fees, commissions, etc.). The interest rate will then be calculated for the period of actual use of the loan.
14. The loan will bear interest at the variable WIBOR 3M interest rate increased by the bank's margin. The 3M WIBOR rate for each interest period will be determined on the basis of the arithmetic mean of the 3M WIBOR rates in force in the period from the first to the last day of each quarter preceding a given interest period. The interest rate on the loan will change once a quarter at the beginning of each quarter. The interest period covers a period of one quarter.