Credit Facility Letter Agreement between Credit Agricole d'Ile-de-France and Inter Parfums (June 19, 1996)

Summary

This agreement outlines the credit terms offered by Credit Agricole d'Ile-de-France to Inter Parfums. It specifies various credit facilities, including overdraft, treasury credit, commercial discount, and forward exchange, with defined limits and interest rates. The bank commits to providing these services under the stated conditions, and Inter Parfums may utilize them as needed. The agreement is formalized through correspondence and is subject to the terms detailed in the attached documentation.

EX-10.85 19 c20397_ex10-83.txt CORRESPONDENCE Exhibit 10.85 CREDIT AGRICOLE D'ILE-DE-FRANCE INTER PARFUMS 4, Rond-Point de Champs Elysees 75008 PARIS N/REF : PC/PS PARIS, le 19 juin 1996 A l'attention de Monsieur Jean-Guy LECLERO Messieurs, Suite a nos differents entretiens, vous trouverez, ci joint, les lignes et conditions que nous mettons a votre disposition. Nous vous assurons que nous apporterons le meilleur soin aux operations que vous voudrez bien nous confier. Nous restons a votre disposition pour tout renseignement ou precision complementaire. Nous vous prions d'agreer, Messieurs, l'expression de nos sentiments distingues. Le Responsable du Secteur I.A.A. & Distribution /s/ Philippe Simon ------------------ - - Page 1 of 2 - - Decouvert 5.000.000 F T4M + 1 - - Credit de tresorerie 5.000.000 F Pibor + 0,80 - - Excompte commercial 4.000.000 F Pibor + 0,60 - - M.C.N.E 6.000.000 F Pibor + 0,60 - - Change a terme 10.000.000 F Page 2 of 2