Tenders Are Invited For Credit Granting Services – Granting The City And Commune Of Morda A Long-Term Loan Up To Pln 6,000,000

Credit Granting Services – Granting The City And Commune Of Morda A Long-Term Loan Up To Pln 6,000,000. 1. The Subject Of The Order Is To Grant The City And Commune Of Mordy A Long-Term Loan Up To Pln 6,000,000.00 To Finance The Planned Budget Deficit In The Amount Of Pln 5,490,000.00 And To Repay Previously Incurred Liabilities In The Amount Of Pln 510,000.00. 2. Important Conditions Regarding The Subject Of The Order: 1) The Loan Will Be Repaid By The Last Day Of The Quarter, Starting From The First Quarter Of 2027 Until December 31, 2036, In Four Annual Installments Of Pln 150,000.00 Each Installment. 2) Early Repayment Of The Loan Or Its Part Is Allowed Without Additional Fees And Commissions, Provided That The Contractor Is Notified Of The Early Repayment Of The Loan Or Its Part Within 7 Days. 3) The Contractor Will Make The Loan Available To The Ordering Party No Later Than Within 5 Days From The Date Of Conclusion Of The Contract, Provided That The Loan Will Be Disbursed Multiple Times In Amounts And Quantities Consistent With The Needs Of The Ordering Party, And The Contractor Will Be Notified Of The Amount Of Each Tranche 3 Days Before The Planned Date Of Payment Of A Given Loan Tranche. 4) Interest Will Be Charged From The Date Of Disbursement Of Individual Loan Tranches. 5) The Funds Will Be Released On The Basis Of A Transfer Order, In Specified Amounts And Dates, To The Bank Account Of The City And Commune Of Mordy: Bank Spółdzielczy Łosice O/Mordy, No. 88 8038 0007 0042 2756 2000 0010, 6) Interest On The Used Loan Will Be Calculated Quarterly On The Amount Of The Current Debt And Will Be Repaid In By The Last Day Of Each Quarter During The Loan Period. 7) To Calculate The Interest Amount, The Actual Number Of Days Of Loan Use In Relation To 365 Days A Year Will Be Taken Into Account. 8) The Capital Will Be Repaid By The Last Day Of The Quarter Of The Financial Year. 9) The Costs Of Granting A Loan Are The Loan Interest Rate - The Interest Rate Over The Entire Loan Period Is The Sum Of The Wibor 3M Rate From The Last Business Day Of The Calendar Quarter Preceding The Accounting Period, Plus The Banks Margin, Constant During The Term Of The Contract, In The Amount Specified In The Submitted Offer. 10) Throughout The Entire Loan Period, The Bank Margin Remains Unchanged. 11) The Ordering Party Reserves The Right Not To Use The Loan In Full Amount Without Incurring Any Fees And Costs. 12) Loan Security: Blank Bill Of Exchange And Bill Of Exchange Declaration. 13) The Blank Bill Of Exchange And The Bill Of Exchange Declaration Will Be Countersigned By The Commune Treasurer Or A Person Authorized By Him. 14) Grace Period In Capital Repayment - Repayment Of The First Installment By The Last Day Of The First Quarter Of 2027. 15) There Is No Grace Period In Interest Repayment. 16) Capitalization Of Interest Is Unacceptable. 17) Loan, Apart From The Cost Referred To In Point 9) Will Not Be Charged With Fees And Commissions Other Than Those Specified In The Contract. 18) The Date Of Repayment Of The Loan Or Interest Is The Date Of Actual Payment Of Funds To The Account