Granting a long-term loan in the amount of PLN 5,802,360.43 to the Municipality of Nowe Miasto Lubawskie. Determination of the subject and scope of the contract: The subject of the contract is to grant a loan in the amount of PLN 5,802,360.43 to cover the planned budget deficit in 2023 and previously incurred liabilities under loans and credits of the Municipality of Nowe Miasto Lubawskie.

The subject of the contract is to grant a loan in the amount of PLN 5,802,360.43 to cover the planned budget deficit in 2023 and previously incurred liabilities under loans and credits of the Municipality of Nowe Miasto Lubawskie. Loan repayment dates: 2024 - 2034. 4.1. Interest due is calculated for each day of using the loan, counting from the date of its granting. Interest is calculated in monthly periods. Interest on the used credit is payable after the end of the calendar quarter on the day immediately following the end of the relevant interest period of 3 months. The Bank will provide information about the amount of interest to the Borrower within 7 days before the interest payment date (e.g. in writing, fax, to the e-mail address: skarbnik@umnowemiasto.pl), whereby: a) the first accounting period is counted from the date of payment and ends on 30/09/2023, b) subsequent quarterly accounting periods are calculated from the day following the end of the previous accounting period, c) the last accounting period ends on the day preceding the full repayment of the loan. The last installment of interest is payable on the repayment date of the last installment of the loan. 4.2. The date on which the receivables are credited to the credit account shall be taken as the payment of interest. If the due date falls on a public holiday, interest shall be paid on the first working day following the public holiday. 4.3. The cost of the loan will be determined on the basis of a variable interest rate based on the WIBOR 3M reference rate set from the last day of the quarter immediately preceding the date of conclusion of the agreement. The reference rate changes on a quarterly basis and takes the value from the last business day of the month preceding the next calendar quarter, applicable to determine the interest rate from the 1st day of the next quarter increased (+) / reduced (-) by the Bank's fixed margin expressed in percentage points, with the proviso that if the WIBOR 3M rate reaches a level below 0.00%, until this rate reaches a positive value to be calculated The interest rate on the loan will be 0,00 %. 4.4. The Purchaser has the right to repay the credit in whole or in part 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. 4.5. Capitalisation of interest is not permitted. 4.6. The Contracting Authority reserves that the Contractor shall not charge any fees or commissions other than those mentioned in this SWZ. 4.7. The manner of implementation of the subject of the contract is also specified in the content of the draft contract constituting Annex I to this SWZ. 4.10. Pursuant to Article 95(1) of the PPL Act, the Contracting Authority requires the Contractor to employ persons performing activities related to granting and servicing the loan on the basis of an employment contract. The indicated requirements apply to persons employed by the Contractor as well as by subcontractors. 4.11. The method of documenting the employment of persons referred to in point 4.10 and the rights of the Contracting Authority to control compliance by the Contractor or subcontractor with the above-mentioned requirements, and sanctions for failure to meet these requirements, are included in the draft contract constituting Annex I to the SWZ. 5.1. Repayment period: 31.12.2034. 5.2. Loan launched in 3 tranches: I tranche in the amount of at least PLN 2,000,000.00. The payment of a particular tranche must take place within 2 days of notification of payment by the Ordering Party. The final date of payment of the loan – December 31, 2023. 5.3. The Ordering Party reserves the right not to use the second and third tranche of the loan. The Ordering Party has the right to submit a written statement of resignation from the use of the second and third tranche of the loan. The contractor has no right to charge commissions and fees on the unused part of the loan.