“…The TEP is derived from EEG after averaging the response to multiple single TMS pulses (Ahn and Fröhlich, 2021). The early local TEP, or EL-TEP, is a short-latency (20-60 ms) multi-phasic response recorded over the stimulation target (i.e., directly underneath the TMS coil) that occurs prior to large amplitude sensory EEG (Ahn and Fröhlich, 2021;Gogulski et al, 2023bGogulski et al, , 2023cParmigiani et al, 2023;Ross et al, 2023). Also known as the 'P20' and 'N40' complex, EL-TEPs may reflect a combination of GABAergic inhibition and NMDA receptor-mediated glutamatergic excitation (Ahn and Fröhlich, 2021;Belardinelli et al, 2021;Hill et al, 2016), and their size has been shown to correlate with depression severity (Voineskos et al, 2019) and predict the clinical response to TMS treatment of depression (Eshel et al, 2020).…”