This excerpt taken from the CVS 8-K filed Mar 23, 2007.
Administrative Agent in Its Individual Capacity
BNY and each Affiliate thereof, may make loans to, accept deposits from, issue letters of credit for the account of and generally engage in any kind of business with the Borrower and the Subsidiaries as though it were not the Administrative Agent. With respect to the
Commitment made or renewed by BNY and each Note issued to BNY (if any), BNY shall have the same rights and powers under the Loan Documents as any Lender and may exercise the same as though it were not the Administrative Agent, the Issuer and the Swing Line Lender, and the term “Lender” shall include BNY.