The subject of the contract is the granting of a long-term loan in the amount of PLN 4,517,000 to finance the planned budget deficit of the Czarnków Commune in 2023 and repayment of liabilities due to previously taken loans and credits.

1. Loan repayment dates: 2023 – 2043.

2. The repayment of capital will take place in the periods set out in the schedule, starting from 20.06.2024, on the basis of a debit note (information) provided by the Bank to the Ordering Party min.

3 days before the planned repayment.

3. The loan shall be secured by a blank promissory note together with a promissory note declaration. The above-mentioned documents shall be countersigned by the treasurer;

4. Credit activation on time ............... (data from the offer) days from the conclusion of the contract on dates and tranches indicated in the written application of the Ordering Party with final use until December 15, 2023.

5. Cost of credit.

1) interest payable shall be charged for each day of use of the credit, counting from the date of its granting.

2) The accrual of interest shall be made in quarterly periods and shall be informed to the Borrower.

3) the interest on the credit used is payable at the end of the quarter within 10 days of the date of receipt of the charge note (information) on the amount of interest accrued, with:

• the first accounting period is counted from the date of payment and ends on the last day of the month ending the quarter, i.e. 31 December 2023.

• Subsequent quarterly fiscal periods are calculated from the day following the end of the previous accounting period and are equal to calendar quarters.

• The last accounting period ends on the day before the loan is fully repaid.

• the last installment of interest is payable on the repayment date of the last installment of the loan.

4) the payment of interest shall be taken on the day of the impact of the credit account, where the payment date is on a statutory free day, the interest payment shall be made on the first working day following the statutory time off work.

5) credit rates counted according to the variable WIBOR rate for monthly deposits, applicable on each first day of the interest period (month), (published on the Reuters online news service at 11.00) plus (+)/less (-) by the bank's fixed margin expressed in the percentage points. Where the first day of the interest period is a statutory day off work, the rate on the next working day following that date shall apply. If the day off work for the Contractor is a non-festive Saturday, the WIBOR rate on the last working day preceding the first day of the interest period shall apply.

6. The Ordering Party has the right to make early repayment of the credit or part thereof without prior notice to the Lender and without incurring any charges in this respect. In the event of early, partial repayment of the loan, the loan period remains unchanged, unless the Borrower submits a different instruction in writing.

7. Interest on the loan taken out will not be capitalized.

8. The Contracting Authority does not allow additional cost elements to be specified in the offer.

9. In order to initially check creditworthiness and develop own information and analysis by the Lender, the Ordering Party provides the following documents on the https://bip.czarnkowgmina.pl/finanse.html website:

1) RB reports,

2) RIO opinions,

3) certificate from the Tax Office in Czarnków on not being in arrears in taxes by the Czarnków Commune Office,

4) certificate from ZUS on not being in arrears in paying social security contributions by the Czarnków Commune Office,

5) list of entities related by capital and organization with the Commune of Czarnków,

6) a list of loans and credits taken,

7) information on the state of municipal property,

8) certificate of the identification number of the Czarnków REGON Commune,

9) decision on the Tax Identification Number of the Commune of Czarnków,

10) Resolution of the Czarnków Commune Council No. LXXII/537/2023 of 31 May 2023 on taking a long-term loan.