Granting the Czersk Commune a bank loan in the amount of PLN 11,500,000 to repay liabilities in 2025 resulting from loans in the amount of PLN 3,490,000 and to cover the planned deficit in the amount of PLN 8,010,000 Text automatically translated in your browsing language Automatically translated

The subject of the contract is: ‘The granting to the Czersk Commune of a bank loan in the amount of PLN 11 500 000 to repay liabilities in 2025 arising from loans in the amount of PLN 3 49 000 and to cover the planned deficit in the amount of PLN 8.01 000.’ 1. The Contractor shall grant the Ordering Party a loan in Polish currency in the amount of PLN 11,500,000 (in words: eleven million five hundred thousand zlotys) on the terms specified in the loan agreement. 2. The Contracting Authority will allocate funds from the loan to repay liabilities arising from loans taken out in 2025 and to cover the planned deficit in accordance with Art. 1 points 2 and 3 of the Act of 27 August 2009 on public finances (Journal of Laws No. Journal of Laws 2024, item 1530 as amended). 3. The subject of the contract must be completed within the time limit: until 31.12.2025. However, the loan will be granted for the period from the date of conclusion of the contract to 31.07.2042. 4. The Contractor shall place credit funds at the Ordering Party's disposal on the day of signing the contract. 5. 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. 6. The Contractor shall activate credit funds in the amount and on the dates indicated by the Ordering Party in the instructions submitted to the Contractor, without submitting a separate credit application to be considered. 7. The final date for using the loan is 31.12.2025. 8. The Ordering Party shall have the right to submit a written declaration of resignation from further use of the loan. 9. The loan will be used in Polish currency. 10. The amount of credit used will be interest-bearing on an annual basis, at a variable interest rate. 11. The interest rate referred to in point 10 shall be equal to the base rate plus the Contractor’s fixed margin, determined on the basis of the tender submitted. 12. The Ordering Party's obligations in respect of interest on the loan will be settled in monthly accounting periods as the sum of the variable WIBOR base rate for 1-month gold deposits on the interbank market, from the last quotation in the month preceding the month for which interest will be charged, increased by the Contractor's fixed margin determined on the basis of the submitted offer. 13. Interest will be calculated on the basis of 365 days of the year, with the number of calendar days per month and each day for 1/365 part of the year being taken into account in the month. 14. The amount of the base rate (WIBOR 1 M) constituting the basis for calculating the interest rate on the loan and the amount of interest accrued for a given month will be notified in writing by the Contractor by the 20th day of the following month. 15. The Contractor's margin is fixed during the contractual loan period. 18. Interest on the loan used shall be calculated in monthly accounting periods in accordance with the actual number of days of the calendar month and shall be payable until the last working day of each subsequent month for which it has been calculated, whereby: the first accounting period shall be calculated from the date of disbursement of the first tranche of the credit and shall end on the last day of the calendar month, (b) the last accounting period shall end on the day preceding the full repayment of the credit. 16. For each accounting period included in the contractual lending period, the borrowing rate will be fixed. 17. The Contracting Authority shall have the right to early repayment of all or part of the credit within the period specified by it, subject to prior written notification to the Contractor, which shall be delivered in person or by e-mail no later than 7 days before the date of early repayment of all or part of the credit. 18. In the event of early repayment of part or all of the loan, the Contractor shall recalculate the interest for the accounting period in which the repayment took place and inform the Contracting Authority in writing of the amount of interest for the current accounting period within two days of the date on which the Contractor receives written notice of early repayment. 19. 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. 20. Early repayment of all or part of the loan does not mean its termination. 21. The Contractor shall not be entitled to charge and collect any additional fees and commissions, except for the fees and commissions to be fixed in the contract. 22. The loan will be repaid by 31.07.2042. 23. The loan repayment schedule will constitute an Annex to the Agreement. 24. If the repayment date of the loan or interest falls on a Saturday or a public holiday, the deadline shall be deemed to have been met if the repayment took place on the first working day after the deadline specified in the loan agreement. 25. The amount of credit repaid and the amount repaid early shall not be reused. 26. Repayment of the loan will be secured as follows: a) blank promissory note issued by the Ordering Party together with a promissory note declaration. 27. The documentation related to the legal guarantee is as follows: a) blank promissory note issued by the Ordering Party together with a promissory note declaration. 28. It is allowed to refinance the loan, without charging the Employer with additional costs, while the Employer will notify the Contractor of the intention to refinance the loan in the mode provided for early repayment of all or part of the loan. 29. It is permissible in a situation where in the current financial year the Ordering Party will be in a good financial situation, the Ordering Party will use incomplete credit funds or will not use them. Text automatically translated in your browsing language Automatically translated

66113000 - Credit granting services