TEG Letter definition

TEG Letter means each letter from the Lender provided to a Borrower incorporated in France from time to time pursuant to Clause 4.4 (Effective Global Rate).

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.


More Definitions of TEG Letter

TEG Letter has the meaning specified in Section 3.1(c).
TEG Letter means each letter from the Administrative Agent provided to a Borrower from time to time pursuant to Section 2.24 (Effective Global Rate).
TEG Letter has the meaning assigned thereto in Section 4.1(h)(ii).
TEG Letter has the meaning given to that term in Clause 15.2 (Effective Global Rate (Taux Effectif Global)).
TEG Letter has the meaning given to that term in Clause 10.6 (Effective Global Rate).
TEG Letter means the letter dated as of the date hereof addressed to PartnerRe S.A. from the Administrative Agent setting forth the effective overall interest rate in respect of the Loans to be made available to PartnerRe S.A. and the basis therefor.