The subject of the contract are services of granting a long-term loan in accordance with applicable law (Act of 29 August 1997, Banking Law (consolidated text: Journal of Laws of 2021, item 2439, as amended)
The subject of the contract is the service of granting a long-term loan in the amount of PLN 8,000,000.00 (in words: eight million zlotys) to cover the budget deficit of the Lubiszyn Commune (hereinafter referred to as the "Loan") in the period 2023-2037
The subject of the contract is the service of granting a long-term loan in the amount of PLN 8,000,000.00 (in words: eight million zlotys) to cover the budget deficit of the Lubiszyn Commune (hereinafter referred to as the "Loan") in the period 2023-2037
The loan will be launched in three tranches, i.e.:
I tranche – until 30 November 2023 up to PLN 2,500,000.00
Tranche II – until 29 December 2023 up to PLN 2,500,000.00
III tranche – until 31 July 2024 up to PLN 3,000,000.00
The Ordering Party reserves the right to extend the deadlines for payment of individual tranches
and changes in their height.
The amount of loan tranches and the date of placing funds at the disposal of the Ordering Party shall be determined by submitting a demand for funds by the Ordering Party within 2 business days before the date of placing the funds at the disposal of the Ordering Party.
Instructions to release tranches may be submitted on the template specified by the bank.
Instructions to release tranches will be sent in electronic form (e-mail) with the deadline for releasing the tranche. However, the original will be immediately delivered to the bank. The delivery of the original cannot determine the release of the loan tranche.
The Ordering Party provides for the possibility of early repayment of the loan and in this respect it will not be charged by the Contractor with any additional fees.
The Ordering Party reserves the right to withdraw from the loan or use part of it without giving a reason and without incurring additional fees.
The loan will be granted in Polish zlotys (PLN). All settlements between the Ordering Party and the Contractor will also take place in PL
The Ordering Party reserves the right to change the dates and amount of repayment of principal installments throughout the loan period, however, the date of full repayment of the loan shall be determined no later than by 31 December 2037, subject to the possibility of early repayment of the loan.
Interest on the loan used will be calculated according to the 3M WIBOR rate and the bank's fixed margin. The WIBOR 3M interest rate should be calculated as the arithmetic average of the months preceding the current month. The bank's margin cannot change throughout the duration of the contract. Interest will be charged and charged on the credit used.
Interest and margin on the loan granted will constitute the only Executive remuneration for the performance of the loan agreement. The Ordering Party shall not incur any additional costs and fees related to the preparation, granting, insurance and any other fees related to servicing the loan.
Interest on the loan used will be calculated on the amount of current debt
and are subject to monthly repayment no later than on the 30th day of the month from the date of starting the loan, whereas when the final payment date falls on a non-working day, the payment deadline falls on the first business day before that day. Interest shall be repaid on the basis of an interest note sent by the Contractor to the Contracting Entity. Interest on the used loan will be calculated from the date of incurrence of the debt to the day preceding its repayment. To calculate the amount of interest, the actual calendar should be used, i.e. calendar number of days in a month / calendar number of days in a year.
The Contractor undertakes to guarantee the acceptance of early repayment of part or all of the loan without charging the Contracting entity with additional costs after prior notification of the Contractor by the Contracting entity, within 3 days before the date of repayment, of the intention to make such repayment.
The Contractor may not make the granting of the loan dependent on taking over the banking service of the Ordering Party and credit insurance by the Ordering Party. The contractor to service the loan should open a technical account – without fees and commissions.
The loan will be secured by a blank promissory note of the Borrower signed individually by the Head of the Lubiszyn Commune and a promissory note declaration containing the countersignature of the Treasurer of the Commune
Detailed description of the item of the order includes SWZ