The subject of the contract is the granting and servicing of a long-term loan in the amount of PLN 5,000,000 to cover the planned budget deficit. Loan period: from the date of signing the contract until 31.12.2033. The maximum term of using the funds from the loan is set until: 31.12.2023.

The Contractor will grant a grace period in repayment of the loan until 30/03/2024.

1. The subject of the contract is the granting and servicing of a long-term loan in the amount of PLN 5,000,000 to cover the planned budget deficit.

2. Conditions for taking out a loan:

a) loan amount: PLN 5,000,000 (in words: five million 00/100),

b) loan period: from the date of signing the contract until 31.12.2033.

c) the loan will be activated, made available to the Ordering Party within a period consistent with

with declared by the Contractor in the offer (no later than within three business days from the date of submission by the Contracting Authority of a written instruction on the release of the loan).

d) The Ordering Party reserves the right to use the credit in tranches (only for the purpose of calculating the price, it is assumed that the loan is released in one tranche

on 1 December 2023).

e) the maximum term of use of funds from the loan is set by: 31.12.2023.

f) The Contractor will grant a grace period in repayment of the loan until 30/03/2024.

g) repayment of capital will take place in quarterly installments (on the last day of each quarter) after the grace period,

h) The Ordering Party reserves the right not to collect the full amount of the credit.

i) no fee or commission will be charged by the Contractor on the unused amount of credit. The parties will determine a new loan repayment schedule and the arrangements made will be recorded in the form of an annex to the contract.

(j) interest shall be paid on a quarterly basis. Interest will be repaid only on the amount of the loan actually launched on the basis of a written notification from the bank about the amount of accrued interest by the 20th day of each quarter.

k) if the loan or interest is due on a Saturday, Sunday or other public holiday, the credit or interest will be repaid on the last business day preceding the repayment date.

l) the loan will bear interest at a variable interest rate constituting the sum of the base rate and the Bank's fixed margin presented in the offer. The bank's margin may not increase during the term of the loan agreement.

(m) the base rate shall be WIBOR 1M, which shall be calculated to two decimal places, according to the quotation of the last calendar day preceding the beginning of the accounting period and shall be valid for the following month.

In the absence of WIBOR 1M quotations for the last day of the month, the relevant quotations from the preceding day in which the quotation was conducted shall be used for the calculation. The interest rate changes take place on the first day of the following month. In the absence of WIBOR 1M quotations for the last day of the month, the relevant quotations from the preceding day in which the quotation was conducted shall be used for the calculation. The interest rate changes take place on the first day of the following month.

The Contractor shall inform the Contracting Authority in writing about the change in the interest rate caused by the change in the WIBOR 1M base rate.

(n) for the calculation of interest, a month shall be assumed to have an actual number of calendar days and a year to have 365 days.

o) The Ordering Party reserves the right, without incurring additional costs, to:

- early repayment of the loan or part thereof. In the event of early repayment of the loan, interest will be calculated until the loan repayment date, and not until the end of the loan agreement.

- early repayment of individual instalments within the financial year concerned.

p) any changes regarding the loan repayment date require consistent declarations of will of the Contracting entity and the Contractor for their validity in writing in the form of an annex to the contract.

r) The Ordering Party does not provide for any bank commissions and other fees in connection with the service, preparation and granting of a loan other than those listed in the SWZ, e.g. for issuing a certificate, drawing up an annex to the contract.

s) the loan will be secured by a blank promissory note together with a promissory note declaration.

t) the bank margin and commission may not be charged as a one-off payment, but shall be included in quarterly instalments. The schedule of installments is set out in the SWZ - Chapter IV SWZ.