The subject of the contract is: granting a loan in the amount of PLN 4,000,000.00 (four million zlotys 00/100). to finance the planned deficit of the Lubień Commune in 2025 and to repay the loans taken out. 1. A blank promissory note together with a promissory note declaration bearing the countersignature of the Commune Treasurer will provide security for the timely repayment of the loan with interest. 2. Settlements between the Ordering Party and the Contractor shall be made in Polish zlotys (PLN). 3. The release of loan tranches will consist in transferring them to the principal account of the Ordering Party - at its request, in tranches of a frequency and in amounts depending on the current needs of the Ordering Party in the period from the date of signing the contract to 31.12.2025 (as the date of starting the loan in full - for the purposes of preparing offers - we accept 1.12.2025). Before the release of loan tranches, the Ordering Party will submit to the bank an instruction to launch the loan on bank forms. The Contractor shall activate all loan tranches in accordance with the Ordering Party's instructions without charging a commission on the unused part of the loan. The Contractor shall activate the funds of individual loan tranches within 10 days of receiving the ordering party's instruction to repay the capital - by 30 March 2027. 4. The capital will be repaid by 31.12.2033 in quarterly instalments. The instalment of capital shall be paid by the last working day of the last month of the quarter in question. The last installment of the loan will be payable until December 31, 2033. The capital instalments are as follows: - 2027 - 4 instalments of PLN 50,000.00 - 2028 - 4 instalments of PLN 50,000.00 - 2029 - 4 instalments of PLN 50,000.00 - 2030 - 4 instalments of PLN 40,000.00 - 2031 - 4 instalments of PLN 200,000.00 - 2032 - 4 instalments of PLN 250,000.00 - 2033 - 4 instalments of PLN 360,000.00 5. The conditions for granting and repaying the loan proposed by the Contractor should also provide for the right of the Contracting Authority to: - not using the loan in full without charging the Employer with additional costs, while the Employer will notify the Contractor of not using the loan in full, - reducing the amount planned to take out the loan without charging the Employer with additional costs, while the Employer will notify the Contractor of not using part of the loan, - making early repayment of part or all of the loan (in instalments) within the time limit set by the Employer without incurring additional costs. In the case of early repayment of part of the loan or the entire loan, interest will be charged only for the period until the repayment date, - making changes to the planned amounts of annual capital repayments without incurring additional costs. - in the event of early repayment of part of the loan by the Ordering Party, the Parties shall establish a new schedule for repayment of the loan in the form of an annex to the contract. For the above action, the Ordering Party will not be charged additional costs. - the contractor is not entitled to charge and collect a preparatory commission, as well as commission on the loan granted or any other additional commissions and fees. 6. The only cost borne by the Ordering Party will be the interest rate on the loan, except that: a) the loan will be remunerated at a variable interest rate, which is the sum of the Bank's reference rate and the Bank's margin, determined using the following principle: - a rate set for a period of 3 months in the amount of WIBOR 3M from the last working day of the quarter, in force from the 1st day of the next quarter, - if the WIBOR 3M rate reaches a negative value, the value of the WIBOR 3M rate at the level of 0 is used to determine the interest rate. Interest will be payable on a quarterly basis and charged on the loan actually used. There is no grace period for the payment of interest, c) interest on the loan will be payable until the last calendar day of the quarter, subject to the proviso that if the interest payment date falls on a public holiday, the deadline is considered to be met if interest is paid on the last working day before that date d) WIBOR 3M of 12 September 2025 should be used to calculate the interest on the loan, i.e. 4.74% and the bank's margin.
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