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This excerpt taken from the CVS 8-K filed Aug 15, 2006. Periodic Offering means an offering of Debt Securities of a series from time to time, the specific terms of which Debt Securities, including, without limitation, the
rate or rates of interest, if any, thereon, the stated maturity or maturities thereof and the redemption provisions, if any, with respect thereto, are to be determined by the Company or its agents upon the issuance of such Debt
Securities.
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