CVS » Topics » 5 YEARS CREDIT AGREEMENT

This excerpt taken from the CVS 8-K filed Jun 2, 2006.

5 YEAR CREDIT AGREEMENT

AS EVIDENCE of the agreement by the parties hereto to the terms and conditions herein contained, each such party has caused this Five Year Credit Agreement to be executed on its behalf.

 

CVS CORPORATION
By:          
Name: David Rickard
Title: Executive Vice President, Chief Financial Officer and Chief Administrative Officer


2006 FIVE YEAR CREDIT AGREEMENT

This excerpt taken from the CVS 10-Q filed Aug 9, 2005.

5 YEARS CREDIT AGREEMENT

 

AS EVIDENCE of the agreement by the parties hereto to the terms and conditions herein contained, each such party has caused this Five Year Credit Agreement to be executed on its behalf.

 

CVS CORPORATION

By:

 

 


Name:   Philip C. Galbo
Title:     Senior Vice President and Treasurer


2005 FIVE YEAR CREDIT AGREEMENT

 

EXHIBIT A

 

LIST OF COMMITMENTS

 

Lender


   Commitment Amount

The Bank of New York

   $ 57,500,000

Bank of America, N.A.

   $ 57,500,000

Credit Suisse First Boston

   $ 50,000,000

Wachovia Bank, National Association

   $ 50,000,000

ABN AMRO Bank N.V.

   $ 40,000,000

SunTrust Bank

   $ 40,000,000

HSBC Bank USA

   $ 30,000,000

Keybank National Association

   $ 30,000,000

Royal Bank of Scotland PLC

   $ 25,000,000

Barclays Bank PLC

   $ 22,500,000

Branch Banking and Trust Company

   $ 22,500,000

Comerica Bank

   $ 22,500,000

Sumitomo Mitsui Banking Corp., New York

   $ 22,500,000

US Bank, National Association

   $ 22,500,000

Wells Fargo Bank, National Association

   $ 22,500,000

Fifth Third Bank

   $ 20,000,000

Regions Bank

   $ 20,000,000

Manufacturers and Traders Trust Company

   $ 15,000,000

Sovereign Bank

   $ 15,000,000

Union Bank of California, N.A.

   $ 15,000,000

JPMorgan Chse Bank, N.A.

   $ 12,500,000

Mellon Bank, N.A.

   $ 12,500,000

National City Bank

   $ 12,500,000

PNC Bank, National Association

   $ 12,500,000

The Northern Trust Company

   $ 12,500,000

UMB Bank, N.A.

   $ 7,500,000

Hibernia National Bank

   $ 5,000,000
    

TOTAL

   $ 675,000,000


2005 FIVE YEAR CREDIT AGREEMENT

 

EXHIBIT B

 

FORM OF NOTE

 

June 3, 2005

New York, New York

 

FOR VALUE RECEIVED, the undersigned, CVS CORPORATION, a Delaware corporation (the “Borrower”), hereby promises to pay to the order of                                                       (the “Lender”) the outstanding principal balance of the Lender’s Loans, together with interest thereon, at the rate or rates, in the amounts and at the time or times set forth in the Five Year Credit Agreement (as the same may be amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), dated as of June 3, 2005, by and among the Borrower, the Lenders party thereto, the co-syndication agents named therein, the documentation agent named therein, and The Bank of New York, as administrative agent (in such capacity, the “Administrative Agent”), in each case at the office of the Administrative Agent located at One Wall Street, New York, New York, or at such other place as the Administrative Agent may specify from time to time, in lawful money of the United States of America in immediately available funds.

 

Capitalized terms used herein that are not otherwise defined herein shall have the respective meanings ascribed thereto in the Credit Agreement.

 

The Loans evidenced by this Note are prepayable in the amounts, and on the dates, set forth in the Credit Agreement. This Note is one of the Notes under the Credit Agreement, and is subject to, and shall be construed in accordance with, the provisions thereof, and is entitled to the benefits set forth in the Loan Documents.

 

The Lender is hereby authorized to record on the schedule annexed hereto, and any continuation sheets which the Lender may attach thereto (a) the date and amount of each Revolving Credit Loan, Competitive Bid Loan and Swing Line Loan made by the Lender, (b) the Interest Period for each Revolving Credit Loan (Eurodollar Advance only), Competitive Bid Loan and Swing Line Loan made by the Lender, (c) the Type of each Revolving Credit Loan made by the Lender as one or more ABR Advances, one or more Eurodollar Advances, or a combination thereof, (d) the Eurodollar Rate applicable to each Revolving Credit Loan (Eurodollar Advance only), the Competitive Bid Rate applicable to each Competitive Bid Loan and the Negotiated Rate applicable to each Swing Line Loan made by the Lender and (d) the date and amount of each Conversion of each Revolving Credit Loan made by the Lender, and each payment or prepayment of principal of, each Loan made by the Lender. The failure to so record or any error in so recording shall not affect the obligation of the Borrower to repay the Loans, together with interest thereon, as provided in the Credit Agreement.


Except as specifically otherwise provided in the Credit Agreement, the Borrower hereby waives presentment, demand, notice of dishonor, protest, notice of protest and all other demands, protests and notices in connection with the execution, delivery, performance, collection and enforcement of this Note.

 

EXCERPTS ON THIS PAGE:

8-K
Jun 2, 2006
10-Q
Aug 9, 2005

RELATED TOPICS for CVS:

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