Credit Granting Services - Granting A Long-Term Bank Loan In The Amount Of Pln 9,238,576.03 Intended To Finance The Planned Budget Deficit Of The Pleszew County.. 1. The Subject Of The Order Is To Grant A Long-Term Bank Loan In The Amount Of Pln 9,238,576.03 (The Amount Left At The Borrowers Disposal), Intended To Finance The Planned Budget Deficit Of The Pleszew County. The Ordering Party Has The Right Not To Use The Full Loan Amount Without Incurring Any Associated Costs. 2. The Ordering Party Specifies The Following Loan Repayment Deadlines: - Pln 50,000 By June 30, 2028; - Pln 50,000 By June 30, 2029; - Pln 50,000 By June 30, 2030; - Pln 50,000 By June 30, 2031; - Pln 50,000 By June 30, 2032; - Pln 50,000 By June 30, 2033; - Pln 50,000 By June 30, 2034; - Pln 50,000 By June 30, 2035; - Pln 50,000 By June 30, 2036; - Pln 50,000 By June 30, 2037; - Pln 349,776.03 By June 30, 2038; - Pln 400,000 By June 30, 2039; - Pln 400,000 By June 30, 2040; - Pln 1,300,000 By June 30, 2041; - Pln 1,400,000 By June 30, 2042; -Pln 2,400,000 By June 30, 2043; - Pln 2,488,800 By June 30, 2044. 3. The Ordering Party Provides For The Possibility Of Changing The Provisions Of The Loan Agreement Covering The Amounts And Repayment Dates Of Capital Installments. 4. Loan Interest Rate. 1). The Amount Of The Loan Used Will Bear Interest Annually, According To A Variable Interest Rate. The Interest Rate Will Be Equal To The Base Rate Plus The Banks Margin. 2). The Base Rate Will Be The Interbank Interest Rate Wibor 3M, According To The Last Quotation In The Month Preceding The Beginning Of The Quarterly Accounting Period For Which Interest On The Loan Will Be Calculated And Repaid (In The Period Of One Quarter Corresponding To The Period Of The Adopted Base Rate, The Interest Rate Will Be Constant). 3). The Banks Margin Will Be Constant During The Contractual Loan Period. 4) Interest On The Loan Used Will Be Calculated On An Ongoing Basis In Quarterly Accounting Periods And Payable By The 15Th Day Of The Month Following The Accounting Period. 5). When Calculating Interest, The Actual Calendar (365/366) Days Per Year Should Be Used. 5. The Loan (Cash) Will Be Disbursed In Tranches Adapted To The Payment Needs Of The Ordering Party, No Later Than By The End Of 2025. Loan Tranches Will Be Released (Without Any Conditions On The Part Of The Lending Bank) No Later Than The Next Day After The Pleszewski County Submits An Application For The Release Of Funds. The Loan Will Be Activated By Transferring Funds To The Pleszew County Budget Account, Established In The Bank Providing Banking Services For The Budget. 6. The Loan Repayment Will Be Secured By A Blank Promissory Note With A No-Protest Clause And A Promissory Note Declaration.
