General terms and conditions the Swedish State loans

This is a translation of the Swedish General Terms and Conditions. It is the terms in Swedish that apply.

Document information

Type of publication: General terms and conditions

Valid from: 2021-02-10

Sender: Kammarkollegiet

Number of pages when printing: 16

4 Repayment of Loan

4.1 Mandatory repayments

4.1.1

Subject to clause 4.1.2, the Borrower must repay the Loan (including all other outstanding amounts under the Loan Agreement) in full on the Final Repayment Date.

4.1.2

In the event that the Borrower receives Supplier Compensation, the Borrower must pay an amount equivalent to such Supplier Compensation to the Lender no later than 15 days after the end of the calendar quarter that follows immediately thereafter. In the event of such repayment, the Borrower must specify what proportion of the amount paid to the Lender relates to Supplier Compensation.

4.2 Volontary repayments

In addition to the payments to be made under the Loan Agreement, the Borrower may make additional repayments of the Loan, or of any other amount under the Loan Agreement, by means of repaying any amount to the Lender. In the event of such repayment, the Borrower must specify what proportion of the amount paid to the Lender constitutes a voluntary repayment.

4.3 Re, offsetting, no re-borrowing and final settlement

4.3.1

A repayment of the Loan shall be offset in the manner indicated by the Borrower that such repayment shall be offset. In the event that the Borrower does not specify to what the repayment shall relate, the Lender has the right to offset the repayment in the manner reasonably deemed appropriate by the Lender.

4.3.2

Amounts repaid under the Loan may not be re-borrowed by the Borrower.

4.3.3

The Lender must notify the Borrower when all inter-party balances under the Loan Agreement have been settled.

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