Examples of TEG Letter in a sentence
The TEG Letter and any other letter delivered to a French Designated Subsidiary shall form an integral part of this Agreement.
However, each of the European Borrower and the Subsidiary Borrowers which is incorporated in France acknowledge that it has received from the Agent on the date of execution of this Agreement an example of the calculation of the taux effectif global in a TEG Letter.
However, Lubrizol France acknowledges that it has received from the Agent, on the date hereof, a letter (the “TEG Letter”) containing an example of calculation of the effective global rate, based upon certain assumptions as set out in the TEG Letter.
The parties to this Contract acknowledge, as indicated to the Borrower in the TEG letter dated on the date hereof (the "TEG Letter"), that the effective global rate applicable to the Credit shall be determined in accordance with article L.314-1 to L.314-5 and R.314-1 et seq.
The Parties agree that this TEG Letter forms an integral part of this Contract.