Grant and servicing of long-term credit to cover the planned budget deficit of Słupno Municipality for 2026 and repayment of previously incurred liabilities from the issuance of securities.

… start the loan once or in tranches. 6. Loan period: until 30 December 2031. Penalty in the repayment of capital: by 30 March 2027. 7. The loan is granted in Polish zlotys (PLN). 8. The repayment of capital instalments and interest will take place in quarterly periods on the last calendar day of each quarter and will end when the loan is repaid. Where the repayment date falls on a public holiday, the repayment date shall be deemed to have been met if the repayment of instalments and interest takes place on the first working day after the repayment date. 9. Quarterly repayment periods of capital instalments of the loan in accordance with the provisions of the FTZ. 10. The loan interest rate is set at the amount corresponding to the WIBOR 3M rate plus the bank's margins, on an annual basis, based on the actual number of days per year. The loan interest rate is variable in quarterly periods and is set in advance separately for each subsequent interest period at the WIBOR 3M rate quotation for two business days preceding the beginning of each interest period. 11. In the event of discontinuation of publication of the WIBOR 3M rate, a proxy appropriate in accordance with applicable law will apply. The use of a proxy may not result in additional commissions or fees being charged to the Employer or result in a deterioration of the Employer's economic situation. The financial terms of the contract after applying a proxy may not be less favourable for the Ordering Party than when applying the WIBOR 3M rate. 12. Interest will be calculated quarterly on the loan amount actually used and not repaid, for the actual number of days of each interest period, assuming that the year counts 365 days, also in a leap year. The first interest payment will be made on 31 March 2027. 13. For the sole purpose of calculating the tender price and comparing tenders, contractors shall use the WIBOR 3M rate of 3.84%, which shall be fixed throughout the period covered by the calculation. To this rate the contractor adds the offered margin. The price of the offer is the sum of interest calculated in accordance with the schedule adopted by the Ordering Party and the commission offered. 14. The Bank will charge interest for each interest period and provide the Ordering Party with information on the amount of interest due electronically to the address indicated in the contract, by the 25th day of the last month of the given quarter. Interest will be payable on the dates specified for repayment of capital installments. 15. The bank may only charge a commission for granting a loan in the amount indicated in the offer. The Ordering Party does not allow the collection of other commissions or fees related to the loan, in particular for early repayment, change of the repayment schedule and annexing the contract. 16. The Ordering Party has the right to early repayment of all or part of the loan at no additional cost and without the need to obtain the bank's consent, after informing the bank about the date and amount of repayment. Interest will be charged only for the period of actual use of the loan amount repaid. 17. Loan collateral: the only acceptable form of loan security, accepted by the Order