Definition of TEG Letter


TEG Letter means a letter substantially in the form set out in Schedule 13 (Form of TEG Letter).

Examples of TEG Letter in a sentence

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, 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 form TEG Letter, with execution of such letter to follow promptly after the Closing Date.
However, France Manche acknowledges that it has received from the Mandated Lead Arrangers a letter (a "TEG Letter") containing an indicative calculation of the effective global rate (taux effectif global) of the Facilities granted to it pursuant to this Agreement, based on figured examples calculated on assumptions set out in that 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 acknowledge that each such TEG Letter forms part of this Agreement.