Tenders Are Invited For Credit Granting Services – Granting A Long-Term Investment Loan In The Amount Of Up To Pln 26,000,000 To Finance The Planned Budget Deficit And Repay Liabilities In 2025

Credit Granting Services – Granting A Long-Term Investment Loan In The Amount Of Up To Pln 26,000,000 To Finance The Planned Budget Deficit And Repay Liabilities In 2025. 1. The Subject Of The Order Is To Grant And Service A Long-Term Loan Up To Pln 26,000,000.00. 2. The Contractor Will Grant The Ordering Party A Loan In Polish Currency, Under The Conditions Specified In The Swz. 3. The Ordering Party Will Allocate The Funds From The Loan To Finance The Planned Budget Deficit Up To Pln 19,500,000.00 And To Cover Liabilities Planned In Budget Expenditure Up To Pln 6,500,000.00. 4. The Loan Will Be Granted For The Period From The Date Of Conclusion Of The Agreement Until The Date Of Full Repayment Of Principal And Interest, I.E. Until June 30, 2035. 5. The Contractor Will Open A Credit Account No Later Than On The Date Of Conclusion Of The Loan Agreement And Will Maintain It Free Of Charge During Its Validity. 6. The Contractor Will Make The Loan Funds Available To The Ordering Party On The Day The Contract Is Signed. 7. The Loan Will Be Used In Polish Currency. 8. The Loan Will Be Disbursed In Tranches, The Amount Of Which Will Depend On The Needs Of The Ordering Party, Based On Instructions Submitted By The Ordering Party To The Contractor By E-Mail, In Writing Or By Fax, Without Submitting A Separate Loan Application To Be Considered. 9. Funds Under Individual Loan Tranches Must Be Available To The Ordering Party Within Two Business Days From The Date On Which Such An Instruction Was Given To The Contractor By The Ordering Party. 10. The Ordering Party Will Have The Right To Submit A Written Declaration Of Resignation From Further Use Of The Loan. 11. The Deadline For Using The Loan Is December 31, 2025. 12. The Amount Of The Loan Used Will Bear Interest Annually, According To A Variable Interest Rate (P). 13. The Interest Rate (P) Referred To In Point 12 Will Be Equal To The Base Rate Increased By The Contractors Fixed Margin (M), Determined On The Basis Of The Submitted Offer. The Base Rate Referred To In The Previous Sentence Is The Reference Rate For A Period Of 3 Months (3M). If The Previously Used Reference Rate Is Replaced By Another Official Benchmark Designated Or Approved By The Competent Authorities Or Financial Market Institutions, The Loan Interest Rate Will Be Based On This New Indicator, While Maintaining The Principles Of Economic Continuity And Comparability. The Introduction Of A New Reference Index Does Not Require An Annex To The Contract And Cannot Lead To The Establishment Of An Interest Rate That Is Less Favorable For The Ordering Party Than The One Resulting From The Previously Used Index. 14. The Contractors Margin (M) Will Be Constant Throughout The Entire Loan Period. 15. The Ordering Partys Liabilities Due To Loan Interest Will Be Settled In Quarterly Accounting Periods. 16. In Each Quarterly Accounting Period Included In The Contractual Loan Period, The Loan Interest Rate Will Be Constant. 17. Interest Will Be Calculated On The Basis Of 365 Days A Year, With The Actual Number Of Calendar Days Falling In A Given Quarter Being Assumed In A Quarter, And Each Day As 1/365 Part Of The Year. 18. About The Amount Of The Base Rate Constituting The Following: