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Indenture

 

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Title:

Indenture

Entities:

Cede & Co.; Deutsche Bank Securities Inc.; JPMorgan Chase Bank; Pepsi Bottling Group Inc.; PepsiCo, Inc.; Salomon Smith Barney Inc.; Smith Barney Inc.; Bottling Group, LLC

Date:

2002

Size:

Preview shows 9KB of 276KB total

Price:

$68

ID:

#311712

 

 

► Financing ► Indentures
► Miscellany ► Fortune 100
► Financial
► Consumer ► Beverages

 

 

Start of Preview


                                  (as Obligor)


and

PEPSICO, INC.
(as Guarantor)

and

JPMORGAN CHASE BANK
(as Trustee)

$1,000,000,000 4-5/8% Senior Notes due November 15, 2012

$1,000,000,000 4-5/8% Series B Senior Notes due November 15, 2012


Indenture

Dated as of November 15, 2002
{PAGE}
TABLE OF CONTENTS

{TABLE}
{CAPTION}
PAGE
{S} {C}
ARTICLE I
DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

Section 1.01. Definitions................................................................................... 1

Section 1.02. Officers' Certificates and Opinions........................................................... 13

Section 1.03. Form of Documents Delivered to Trustee........................................................ 13

Section 1.04. Acts of Holders............................................................................... 14

Section 1.05. Notices, Etc., to Trustee, Obligor and Guarantor.............................................. 15

Section 1.06. Notice to Holders; Waiver..................................................................... 15

Section 1.07. Conflict with Trust Indenture Act............................................................. 16

Section 1.08. Effect of Headings and Table of Contents...................................................... 16

Section 1.09. Successors and Assigns........................................................................ 16

Section 1.10. Separability Clause........................................................................... 16

Section 1.11. Benefits of Indenture......................................................................... 16

Section 1.12. Governing Law................................................................................. 16

Section 1.13. Counterparts.................................................................................. 16

Section 1.14. Legal Holidays................................................................................ 16

ARTICLE II
THE NOTES

Section 2.01. Form and Dating............................................................................... 17

Section 2.03. Temporary Notes............................................................................... 20

Section 2.04. Registration, Transfer and Exchange........................................................... 20

Section 2.05. Mutilated, Destroyed, Lost and Stolen Notes................................................... 25

Section 2.06. Payment of Interest; Interest Rights Preserved................................................ 26

Section 2.07. Persons Deemed Owners......................................................................... 27

Section 2.08. Cancellation.................................................................................. 28

Section 2.09. Computation of Interest....................................................................... 28

Section 2.10. CUSIP Numbers................................................................................. 28

Section 2.11. Additional Interest under Registration Rights Agreement....................................... 28
{/TABLE}


i
{PAGE}
TABLE OF CONTENTS
(continued)

{TABLE}
{CAPTION}
PAGE
{S} {C}
ARTICLE III
SATISFACTION AND DISCHARGE

Section 3.01. Satisfaction and Discharge of Indenture....................................................... 28

Section 3.02. Defeasance and Discharge of Covenants upon Deposit of Moneys, U.S. Government Obligations..... 30

Section 3.03. Application of Trust Money.................................................................... 31

Section 3.04. Paying Agent to Repay Moneys Held............................................................. 31

Section 3.05. Return of Unclaimed Amounts................................................................... 31

ARTICLE IV
REMEDIES

Section 4.01. Events of Default............................................................................. 32

Section 4.02. Acceleration of Maturity; Rescission and Annulment............................................ 34

Section 4.03. Collection of Indebtedness and Suits for Enforcement.......................................... 35

Section 4.04. Trustee May File Proofs of Claim.............................................................. 36

Section 4.05. Trustee May Enforce Claims Without Possession of Notes........................................ 36

Section 4.06. Application of Money Collected................................................................ 37

Section 4.07. Limitation on Suits........................................................................... 37

Section 4.08. Unconditional Right of Holders to Receive Payment of Principal, Premium and Interest.......... 38

Section 4.09. Restoration of Rights and Remedies............................................................ 38

Section 4.10. Rights and Remedies Cumulative................................................................ 38

Section 4.11. Delay or Omission Not Waiver.................................................................. 38

Section 4.12. Control by Holders............................................................................ 38

Section 4.13. Waiver of Past Defaults....................................................................... 38

Section 4.14. Undertaking for Costs......................................................................... 39

Section 4.15. Waiver of Stay or Extension Laws.............................................................. 39

ARTICLE V
THE TRUSTEE

Section 5.01. Certain Duties and Responsibilities of Trustee................................................ 39

Section 5.02. Notice of Defaults............................................................................ 40

Section 5.03. Certain Rights of Trustee..................................................................... 41
{/TABLE}


ii
{PAGE}
TABLE OF CONTENTS
(continued)

{TABLE}
{CAPTION}
PAGE
{S} {C}
Section 5.04. Not Responsible for Recitals or Issuance of Notes............................................. 42

Section 5.05. May Hold Notes................................................................................ 42

Section 5.06. Money Held in Trust........................................................................... 42

Section 5.07. Compensation and Reimbursement................................................................ 42

Section 5.08. Disqualification; Conflicting Interests....................................................... 43

Section 5.09. Corporate Trustee Required; Eligibility....................................................... 43

 

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