Granting and servicing of a long-term loan up to PLN 14,600,000.00 to cover the planned budget deficit in 2023 and repayment of previously incurred liabilities under loans and credits

1. The subject of the contract is the granting and servicing of a long-term loan in the amount of PLN 14,600,000.00 [in words: fourteen million six hundred thousand zlotys 00/100] intended to cover the planned budget deficit in 2023 and repayment of previously incurred liabilities under loans and credits: 1) Loan amount PLN 14,600,000.00 (in words: fourteen million six hundred thousand zlotys 00/100), 2) The loan will be used in the Polish currency, 3) Loan period: from the date of conclusion of the agreement until 31.12.2034, 4) Grace period in repayment of capital: until 30.03.2025, 5) Grace period in interest repayment: 1 month, 6) Repayment of capital after the grace period: according to the loan repayment schedule (Annex 9 to SWZ. Interest payment after the grace period: on a monthly basis (on the last business day of each month), 7) The interest rate on the loan is determined on the basis of a variable base rate WIBOR 1M increased by the Bank's margin (determined on the basis of the submitted offer). WIBOR 1M means the interest rate for one-month interbank deposits quoted on the Warsaw interbank market. The base rate is set for a monthly period as the arithmetic mean of the WIBOR 1 M rate from the previous month (at the bank's request, the base rate will be set for a monthly period as the WIBOR 1 M rate from the penultimate business day of the month), 8) In addition, the description of the subject of the contract is supplemented by documents attached to examine the creditworthiness of the Ordering Party constituting Annex 9 to the Terms of Contract [SWZ]. 9) Due to the limited character limit, the remaining description of the subject of the contract can be found in Chapter IV of the SWZ