The subject of the order is a long-term loan of PLN 7,000,000. (say: seven million zlotys). The loan is taken out to repay previously drawn loans in the amount of PLN 1,900,000.00 (in words: one million nine hundred thousand zlotys), financing the planned budget deficit of the local government unit in the amount of PLN 5 100,000.00 (in words: five million one hundred thousand zlotys) .

4.1. The subject of the order is a long-term loan of PLN 7,000,000. (say: seven million zlotys). The loan is taken for:

- repayment of previously drawn loans in the amount of PLN 1,900,000.00 (in words: one million nine hundred thousand zlotys),

- financing of the planned budget deficit of the local government unit in the amount of PLN 5 100,000.00 (in words: five million one hundred thousand zlotys)

4.2. The loan is repaid in installments until the last day of the month. The repayment schedule is given in Chapter 4 of the Terms of Reference - description of the subject of the order.

4.3. Credit conditions:

1) The Contractor preparing the offer must:

- include all costs associated with obtaining the loan,

- include all costs associated with repayment of the loan and provide in the offer the total cost of its repayment for the expected loan period.

Include the interest rate on the loan according to the arithmetic average WIBOR 1M for February 2019 plus the bank's margin.

2) Grace in repayment of capital until 31.3.2024.

3) The first installment will be paid by the end of March 2024.

4) Interest on the loan during the grace period, i.e. from the payment of the first installment of the loan to the repayment of the first installment will be payable by the end of each month. Others according to the repayment schedule prepared by the Bank, only on the amount of the actually launched loan.

5) The Purchaser reserves the right to use only part of the granted loan. In the abovementioned situation, the contracting authority will not incur any additional costs due to not using the allocated funds. The Purchaser reserves the right to use a smaller loan amount or cancel the loan without incurring any costs. In the case of taking a loan in an amount lower than planned, this will not result in the termination of the loan agreement and will not cause any other claims of the Contractor against the Employer. The Contractor will not charge and collect any interest, any bank fees and commissions on the amount of unused credit.

6) The Purchaser reserves the right to repay part or all of the loan earlier. In the above situation, the Employer will not incur any additional costs. In the event of early repayment of the loan, interest will be calculated for the period of its actual use.

7) Floating loan interest rate, based on 1M WIBOR rate from the last business day of the previous month plus the bank's margin (fixed) during the term of the contract.

8) If part or all of the loan is repaid during the month, interest will be calculated based on the actual time the loan capital is used and will be payable until the last day of the month.

9) In the event that the deadline In the event that the loan or interest repayment date falls on a non-working day, the Employer shall pay the required installment on the first business day after the designated repayment date.

10) When calculating interest, it is assumed that a year has 365 days.

11) The loan will be secured by a blank promissory note together with a promissory note declaration. In addition, the Employer allows the submission of a declaration of submission to enforcement under the loan agreement.

12) The number and amount of the loan disbursement tranches will be determined by the Purchaser according to his current needs, based on the Purchaser's written instructions.

13) The Awarding Entity allows the commission to be charged only on the credit granted.

The costs arising from servicing the loan are covered by the ordering party only up to the amount of commission and interest on the activated loan. All activities performed while servicing the loan by the contractor are free for the customer.

Due to the limited number of characters, the Description of the Subject of the Order is contained in the ToR. Chapter 4 Description of the Subject of the Order.