0001292814-19-001238 Sample Contracts

English Language Summary
Credit Agreement • April 10th, 2019 • Tim Participacoes Sa • Telephone communications (no radiotelephone)

Credit Agreement, dated March 20, 2019, between Agência Especial de Financiamento Industrial S.A. – FINAME, an entity within the BNDES system, as lender and TIM S.A. as borrower.

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English Language Summary
Credit Agreement • April 10th, 2019 • Tim Participacoes Sa • Telephone communications (no radiotelephone)

Credit Agreement, dated as of May 2, 2018, between BNDES, the Brazilian Development Bank (Banco Nacional de Desenvolvimento Econômico e Social), as lender and TIM Celular S.A. (now TIM S.A.) as borrower, and TIM Participações S.A. as guarantor.

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