1. The loan will be granted for the period from the date of conclusion of the contract to 2031.12.31.
2. The Contractor shall open a credit account at the latest on the day of conclusion of the credit agreement and shall maintain it free of charge during the performance of the loan agreement.
3. The Contractor shall open a sub-account to the credit account at the latest on the day of conclusion of the contract and shall keep it free of charge during the performance of the loan agreement.
4. The Contractor shall make the credit funds available to the Contracting entity on the day of conclusion of the loan agreement, provided that legal collateral for repayment of the loan is established.
5. Proposed release of loan tranches in 2023:
I tranche in the amount of PLN 4,200,000.00 from September 28, 2023.
II tranche in the amount of PLN 5,000,000.00 from 01 December 2023.
6. The loan will be released in Polish zlotys (PLN), in a non-cash form to the account referred to in point 2, through the implementation of the Ordering Party's instructions, submitted to the Bank up to 2 days
1. The loan will be granted for the period from the date of conclusion of the contract to 2031.12.31.
2. The Contractor shall open a credit account at the latest on the day of conclusion of the credit agreement and shall maintain it free of charge during the performance of the loan agreement.
3. The Contractor shall open a sub-account to the credit account at the latest on the day of conclusion of the contract and shall keep it free of charge during the performance of the credit agreement.
4. The Contractor shall make the credit funds available to the Contracting entity on the day of conclusion of the loan agreement, provided that legal collateral for repayment of the loan is established.
5. Proposed release of loan tranches in 2023:
I tranche in the amount of PLN 4,200,000.00 from September 28, 2023.
II tranche in the amount of PLN 5,000,000.00 from 01 December 2023.
6. The loan will be disbursed in Polish zlotys (PLN), in a non-cash form to the account referred to in point 2, by executing the instructions of the Ordering Party, submitted to the Bank up to 2 business days before the planned release of the loan tranche, depending on the Contractor's offer.
7. The Contractor shall release all tranches of the loan in accordance with the instructions of the Contracting Authority without charging a commission on the unused part of the loan.
8. The Contractor shall release the credit funds in the amount and dates indicated by the Contracting Authority in the instructions submitted to the Contractor.
9. The Ordering Party reserves the right to cancel the submitted instructions to activate the loan tranche one business day before the date of disbursement of the tranche indicated in this instruction.
10. The final date for using the loan is 01 December 2023.
11. Failure to use the credit in whole or in part within the period specified in point 14 shall mean that further use of the credit or part thereof shall be waived.
12. The Ordering Party shall have the right to submit a written statement of resignation from further use of the loan.
13. In the event of the Ordering Party's resignation from the release of funds from the loan, the Contractor is not entitled to a commission.
14. The amount of the loan used will bear interest on an annual basis based on a variable interest rate equal to the base rate for 3-month PLN deposits on the interbank market from the last quotation in the month preceding the month for which interest will be calculated, increased by the Contractor's fixed margin determined on the basis of the submitted offer.
15. Interest shall be calculated on the basis of the actual number of days in a year, i.e. 365 or 366 days in a leap year, the month taking the actual number of calendar days per month.
16. Interest on the credit used shall be calculated in monthly interest periods, according to the actual number of days of the calendar month, whereby:
- the first interest period shall be calculated from the date of disbursement of the first tranche of the loan and shall end on the last day of the calendar month in which the first tranche was disbursed,
- the last interest period ends on the day preceding the full repayment of the loan.
17. Interest shall be paid after the end of each calendar quarter. The interest installment is to be payable every 1st day of the month following the end of each calendar quarter.
18. The Contractor's margin is fixed throughout the loan period.
19. The change in the interest rate on the loan will take place from the first day of the calendar month and determined on the principles set out in point 16.
20. For each interest period included in the contractual loan period, the borrowing rate shall be fixed.
21. The Ordering Party does not agree to other components of determining the loan price in addition to those mentioned in point 14, i.e. WIBOR 3M increased by the Bank's margin.
22. Interest and loan installments, the Contractor shall collect in the due amount and within the deadlines set in the loan agreement from the sub-account to the credit account opened by