CREDIT AGREEMENT Dated as of May 30, 2003 among WATSON PHARMACEUTICALS, INC., as Borrower, THE LENDERS FROM TIME TO TIME PARTIES HERETO, WACHOVIA BANK, NATIONAL ASSOCIATION as Administrative Agent, BANK OF AMERICA, N.A. and CIBC WORLD MARKETS CORP. as...Credit Agreement • June 2nd, 2003 • Watson Pharmaceuticals Inc • Pharmaceutical preparations • New York
This CREDIT AGREEMENT dated as of May 30, 2003 (as amended, supplemented or modified from time to time, this “Agreement”) is entered into among WATSON PHARMACEUTICALS, INC., a Nevada Corporation (the “Borrower”), the financial institutions from time to time party hereto, whether by execution of this Agreement or an Assignment and Acceptance (the “Lenders”), WACHOVIA BANK, NATIONAL ASSOCIATION (“Wachovia”), in its capacity as administrative agent for the Lenders (in such capacity, the “Administrative Agent”), BANK OF AMERICA, N.A. and CIBC WORLD MARKETS CORP., each in its capacity as co-syndication agent for the Lenders (together, in such capacity, the “Syndication Agents,” and each, a “Syndication Agent”), and LEHMAN COMMERCIAL PAPER, INC. and MORGAN STANLEY BANK, each in its capacity as co-documentation agent for the Lenders (together, in such capacity, the “Documentation Agents,” and each, a “Documentation Agent”).
