|
|
![]() | ![]() | ![]() | ![]() |
| |||||||||
This excerpt taken from the CVS 8-K filed Mar 23, 2007. Appointment
Each Lender hereby
irrevocably designates and
appoints BNY as the Administrative Agent of such Lender under the Loan Documents
and each Lender irrevocably authorizes the Administrative Agent to take such
action on its behalf under the provisions of the Loan Documents and to exercise
such powers and perform such duties as are expressly delegated to the
Administrative Agent by the terms of the Loan Documents, together with such
other powers as are reasonably incidental thereto. Notwithstanding any provision
to the contrary contained in the Loan Documents, the Administrative Agent shall
not have any duties or responsibilities except those expressly set forth in
the
Loan Documents, or any fiduciary relationship with any Lender, and no implied
covenants, functions, responsibilities, duties, obligations or liabilities
shall
be read into the Loan Documents or otherwise exist against the Administrative
Agent.
10.2 |
| |||||||