1. The subject of the contract is the granting of a long-term loan in the amount of PLN 7 000 000.00. The loan will be used to finance the planned budget deficit of the Iława County in 2026. 2. The loan will be launched after the conclusion of the loan agreement by 18 December 2026, in terms and tranches adapted to the needs of the Ordering Party and will take place at the written instruction of the Ordering Party, within a maximum of 3 working days of receiving a written instruction from the Ordering Party. 3. The Ordering Party reserves the right to use the incomplete amount of the loan. The Contractor will not charge additional commissions or fees for the unused part of the credit granted. 4. The Ordering Party provides for the possibility of early repayment of the loan or part thereof without incurring any charges in this respect. The Contracting Authority shall notify the Contractor in writing of its intention to repay the loan or part thereof early at the latest on the date of the planned repayment. In the case of early, partial repayment of the loan, the Ordering Party has the right to indicate specific loan installments from the schedule, for which he made a payment. 5. The legal security for repayment of the loan granted is: blank promissory note with promissory note declaration. 6. The Treasurer of the District will countersign the bill of exchange declaration. 7. Settlements between the Ordering Party and the Contractor shall be made in Polish zlotys [PLN]. 8. The Ordering Party has the right to postpone the repayment dates of capital installments and change the amount of individual installments, up to six times during the term of the contract. Any postponement of the payment date of the installment may take place for a period not longer than 36 months, while respecting the final repayment date of the loan. The exercise of this right shall require written notification to the Contractor, delivered at least 14 days before the due date of the earliest instalment covered by the amendment. The Contractor may assess the creditworthiness of the Contracting Authority, taking into account the effects of the planned change. In the case of confirmation of creditworthiness, the Contractor is obliged to take into account the change in the scope indicated by the Ordering Party and may not make it subject to additional conditions, fees, commissions, margin changes or the provision of additional collateral. 9. The loan interest rate is calculated as the sum of the variable WIBOR rate for three-month deposits, valid on the 5th official day of listing WIBOR 3M rates before the beginning of the next interest period, i.e. a quarter, determined on an annual basis and valid for the period of the next quarter, and the Contractor's margin specified in the offer. The interest rate may be changed in the event of a change in the value of the WIBOR 3M benchmark, the use of a proxy and a correction spread, and a change in the margin made only on the terms specified in § 9 sec. 9 draft provisions of the agreement, constituting Annex 6 to the FTZ. The change or replacement of the benchmark and the application of an adjustment spread shall not constitute a change in the Contractor's margin. 10. If the WIBOR rate is negative, the WIBOR rate is assumed to be 0.00%. Detailed rules on how to proceed in the event of discontinuation of the development or publication of the WIBOR 3M rate, its loss of representativeness or its inability to continue to apply, including the use of a proxy and spread adjustment, are set out in Section 9 of the draft provisions of the agreement, which constitute Annex 6 to the FTZ. 11. The loan will be repaid in instalments from 30.09.2028 to 30.09.2040. Due to the limited number of characters, the remaining description is included in the FTZ together with the annexes
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