Commitment Increase Notice under 5-Year Credit Agreement between The Pepsi Bottling Group, Inc. and JPMorgan Chase Bank
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Summary
The Pepsi Bottling Group, Inc. has formally requested an increase of $50 million to the total commitments under its existing 5-Year Credit Agreement, effective April 24, 2006. This request is made to JPMorgan Chase Bank, as Agent, and the increase will be offered solely to Morgan Stanley. The notice is issued in accordance with the terms of the original Credit Agreement and is signed by the company's Vice President and Treasurer.
EX-10.29 2 y30589exv10w29.htm EX-10.29: COMMITMENT INCREASE NOTICE EX-10.29
Exhibit 10.29
March 22, 2006
BY FACSIMILE
JPMorgan Chase Bank, as Agent
Attention: Cherry Arnaez
Loan & Agency Services
1111 Fannin, Floor 10
Houston, TX 77002
F: (713)  ###-###-####
Attention: Cherry Arnaez
Loan & Agency Services
1111 Fannin, Floor 10
Houston, TX 77002
F: (713)  ###-###-####
JP Morgan Chase Bank
Attention: Thomas Hou
270 Park Avenue
New York, NY 10017
P: (212)  ###-###-####
F: (212)  ###-###-####
Attention: Thomas Hou
270 Park Avenue
New York, NY 10017
P: (212)  ###-###-####
F: (212)  ###-###-####
RE: THE PEPSI BOTTLING GROUP, INC.
5-YEAR CREDIT AGREEMENT
COMMITMENT INCREASE NOTICE
5-YEAR CREDIT AGREEMENT
COMMITMENT INCREASE NOTICE
Ladies and Gentlemen:
We make reference to the 5-Year Credit Agreement (the Credit Agreement) dated as of April 28, 2004 by and among the The Pepsi Bottling Group, Inc. (the Company), Bottling Group, LLC, JPMorgan Chase Bank, as Agent, and certain banks identified in the Credit Agreement. Capitalized terms in this letter shall have the same meaning as the terms defined in the Credit Agreement.
In accordance with Section 2.05(c)(ii) of the Credit Agreement, the Company hereby delivers this Increase Notice to the Agent, by which the Company hereby requests that the aggregate amount of the Commitments be increased by a total amount of $50,000,000 (Fifty Million Dollars) (the Proposed Aggregate Commitment Increase) to be effective April 24, 2006 (the Increase Date). The Proposed Aggregate Commitment Increase shall be offered solely to Morgan Stanley.
If you have any questions, please do not hesitate to contact the undersigned at ###-###-####. We appreciate your assistance in connection with the foregoing request.
THE PEPSI BOTTLING GROUP, INC. | ||||
By: | /s/ Kenneth Smith | |||
Kenneth Smith | ||||
Vice President and Treasurer | ||||