See also in this context section 5 of CPA Sitton' s opinion, including Appendix A to the opinion, which details the manner in which the calculation was made:
"Benny & Zvika Ltd. gave a loan to BDI Ltd. for the purpose of financing the project. Due to the failure to repay the loan on time, it was decided that compensation of ILS 300,000 per year would be given starting in 2017. In other words, Benny & Zvika is entitled to compensation in the total amount of ILS 1,500,000. Attached as Appendix A from Bnei & Zvika for the annual compensation."
I did not see fit to respond to this component either.
First of all, we are dealing with the claim of plaintiff No. 3, which took the loan from the third party, and it has no rivalry with the municipality.
Second, and insofar as there is room to attribute this demand for payment from the company when this expense belonging to one of the company's owners was attributed and which was made in the framework of an owner's loan that he made to the company, the company did not prove a causal connection between the municipality's conduct and its failure to meet the deadline it undertook to repay the loan. The company notes that it undertook to repay the loan in March 2017 and did not explain why its failure to comply with this obligation is related to the municipality's conduct, and from what source of funds the company planned to return the funds, since if the project had been in place earlier, it would have been required to continue to generate additional expenses for the company.
In any event, if it were correct to accept the company's position that had it not been for the misleading representations of the municipality, the company would not have extended the loan, would have cancelled the agreement and recovered the usage fees it had paid, then a review of the loan agreements regulating the undertaking of plaintiff 3 vis-à-vis the third lender in question, the first agreement dated April 2,2016, the first extension from April 4,2017, and the second extension from April 25,2018. There is no evidence of further extensions.