|
|
|
|
Document Preview Revolving Bridge Loan Credit Agreement |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Revolving Bridge Loan Credit Agreement |
|||
|
Entities: |
Citibank, NA; Deutsche Bank Securities Inc.; JPMorgan Chase Bank; Pepsi Bottling Group Inc.; PepsiCo, Inc.; Salomon Smith Barney Inc.; Bank of New York; Cleary, Gottlieb, Steen & Hamilton |
|||
|
Date: |
2002 |
|||
|
Size: |
Preview shows 6KB of 232KB total |
|||
|
Price: |
$54 |
|||
|
ID: |
#931338 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
Exhibit (b)(1)
CONFORMED COPY
U.S. $1,200,000,000
REVOLVING BRIDGE LOAN CREDIT AGREEMENT
Dated as of October 2, 2002
among
THE PEPSI BOTTLING GROUP, INC.,
BOTTLING GROUP, LLC,
THE LENDERS NAMED HEREIN,
DEUTSCHE BANK AG NEW YORK BRANCH,
as Agent,
CREDIT SUISSE FIRST BOSTON CORPORATION,
DEUTSCHE BANK SECURITIES INC. and
SALOMON SMITH BARNEY INC.,
as Joint Lead Arrangers and
Joint Book Managers,
and
CITIBANK, N.A.,
CREDIT SUISSE FIRST BOSTON,
ACTING THROUGH ITS CAYMAN ISLANDS BRANCH, and
DEUTSCHE BANK AG NEW YORK BRANCH,
as Joint Syndication Agents
<PAGE>
TABLE OF CONTENTS
<TABLE>
<S> <C>
ARTICLE I
DEFINITIONS AND ACCOUNTING
Section 1.01. Certain Defined Terms ....................................... 1
Section 1.02. Computation of Time Periods ................................. 14
Section 1.03. Accounting Terms ............................................ 14
ARTICLE II
AMOUNTS AND TERMS OF THE ADVANCES
Section 2.01. The Revolving Credit Advances ............................... 14
Section 2.02. Making the Revolving Credit Advances ........................ 15
Section 2.03. The Competitive Bid Advances ................................ 16
Section 2.04. Fees ........................................................ 20
Section 2.05. Termination, Reduction or Increase of the Commitments ....... 20
Section 2.06. Repayment of Revolving Credit Advances; Evidence of
Indebtedness ................................................ 21
Section 2.07. Interest on Revolving Credit Advances ....................... 21
Section 2.08. Interest Rate Determination ................................. 22
Section 2.09. Optional Conversion of Revolving Credit Advances ............ 23
Section 2.10. Optional Prepayments of Revolving Credit Advances and
Mandatory Prepayments of all Advances ....................... 23
Section 2.11. Increased Costs ............................................. 24
Section 2.12. Illegality .................................................. 25
Section 2.13. Payments and Computations ................................... 25
Section 2.14. Taxes ....................................................... 26
Section 2.15. Sharing of Payments, Etc .................................... 29
Section 2.16. Use of Proceeds ............................................. 29
Section 2.17. [Intentionally Omitted] ..................................... 29
Section 2.18. Mitigation Obligations ...................................... 29
ARTICLE III
CONDITIONS TO EFFECTIVENESS AND ARTICLE II
Section 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and
2.03 ........................................................ 30
</TABLE>
i
<PAGE>
TABLE OF CONTENTS
<TABLE>
<S> <C>
Section 3.02. Conditions Precedent to Each Revolving Credit Borrowing ..... 33
Section 3.03. Conditions Precedent to Each Competitive Bid Borrowing ...... 33
Section 3.04. Determinations Under Section 3.01 ........................... 34
ARTICLE IV
REPRESENTATIONS AND WARRANTIES OF THE LOAN PARTIES
Section 4.01. Representations and Warranties of the Loan Parties .......... 34
ARTICLE V
COVENANTS
Section 5.01. Affirmative Covenants ....................................... 35
Section 5.02. Negative Covenants .......................................... 37
Section 5.03. Financial Covenants ......................................... 39
Section 5.04. Syndication ................................................. 39
Section 5.05. Take-Out Financing .......................................... 40
ARTICLE VI
EVENTS OF DEFAULT
Section 6.01. Events of Default ........................................... 42
ARTICLE VII
THE AGENT
ARTICLE VIII
MISCELLANEOUS
Section 8.01. Amendments, Etc ............................................. 46
|
End of Preview |
Home Intelligence Services Subscriptions News About Us