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EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT THIS EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT

Receivables Purchase Transfer Agreement

EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT THIS EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT | Document Parties: ALBANY-LEBANON SANITATION, INC | ALLIED RECEIVABLES FUNDING INCORPORATED ALLIED SERVICES, LLC | ALLIED WASTE LANDFILL HOLDINGS, INC | ALLIED WASTE NORTH AMERICA, INC | ALLIED WASTE SYSTEMS, INC | ALLIED WASTE TRANSPORTATION, INC | AMERICAN DISPOSAL SERVICES | BFI WASTE SERVICES, LLC | BFI WASTE SYSTEMS | DELTA DADE RECYCLING CORP | FLORIDA, INC | GREENRIDGE WASTE SERVICES, LLC | ILLINOIS, INC | MASSACHUSETTS, LLC | OHIO, INC | PENNSYLVANIA, LLC | PSI WASTE SYSTEMS, INC | TENNESSEE, INC You are currently viewing:
This Receivables Purchase Transfer Agreement involves

ALBANY-LEBANON SANITATION, INC | ALLIED RECEIVABLES FUNDING INCORPORATED ALLIED SERVICES, LLC | ALLIED WASTE LANDFILL HOLDINGS, INC | ALLIED WASTE NORTH AMERICA, INC | ALLIED WASTE SYSTEMS, INC | ALLIED WASTE TRANSPORTATION, INC | AMERICAN DISPOSAL SERVICES | BFI WASTE SERVICES, LLC | BFI WASTE SYSTEMS | DELTA DADE RECYCLING CORP | FLORIDA, INC | GREENRIDGE WASTE SERVICES, LLC | ILLINOIS, INC | MASSACHUSETTS, LLC | OHIO, INC | PENNSYLVANIA, LLC | PSI WASTE SYSTEMS, INC | TENNESSEE, INC

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Title: EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT THIS EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT
Governing Law: New York     Date: 6/29/2005
Industry: Waste Management Services     Sector: Services

EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT THIS EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT, Parties: albany-lebanon sanitation  inc , allied receivables funding incorporated allied services  llc , allied waste landfill holdings  inc , allied waste north america  inc , allied waste systems  inc , allied waste transportation  inc , american disposal services , bfi waste services  llc , bfi waste systems , delta dade recycling corp , florida  inc , greenridge waste services  llc , illinois  inc , massachusetts  llc , ohio  inc , pennsylvania  llc , psi waste systems  inc , tennessee  inc
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EXHIBIT 10.53

     
 
Execution Copy
 
 

EIGHTH AMENDMENT TO

RECEIVABLES SALE AGREEMENT

      THIS EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT , dated as of May 31, 2005 (this “ Amendment ”), is entered into by and among ALLIED RECEIVABLES FUNDING INCORPORATED, as buyer (the “ Buyer ”) and ALLIED WASTE NORTH AMERICA, INC. and the undersigned originators (the “ Originators ”). Capitalized terms used and not otherwise defined herein are used as defined in the Agreement (as defined below and amended hereby).

      WHEREAS , the parties hereto have entered into that certain Receivables Sale Agreement, dated as of March 7, 2003 (as amended, restated, supplemented or otherwise modified to the date hereof, the “ Agreement ”);

      WHEREAS , the parties hereto desire to amend the Agreement in certain respects as hereinafter set forth;

      NOW THEREFORE , in consideration of the premises and the other mutual covenants contained herein, the parties hereto agree as follows:

     SECTION 1. Amendments .

     The Agreement is hereby amended as follows:

     (a)  Exhibit III hereto hereby replaces the existing Exhibit III to the Agreement.

     SECTION 2. Reference to and Effect on the Agreement and the Related Documents .

     Upon the effectiveness of this Amendment, (i) each of the Originators hereby reaffirms all representations and warranties made by it in Article II of the Agreement (as amended hereby) and agrees that all such representations and warranties shall be deemed to have been restated as of the effective date of this Amendment, (ii) each of the Originators and the Buyer hereby represents and warrants that no Termination Event shall have occurred and be continuing and (iii) each reference in the Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import shall mean and be, and any references to the Agreement in any other document, instrument or agreement executed and/or delivered in connection with the Agreement shall mean and be, a reference to the Agreement as amended hereby.

     SECTION 3. Effectiveness and Effect .

     This Amendment shall become effective as of the date the Eighth Amendment to the Credit Security Agreement, dated as of the date hereof, becomes effective by its terms (the

 


 

Amendment Effective Date ”), upon execution by each of the parties hereto and receipt of all executed counterparts of the signature pages by such parties. Except as otherwise amended by this Amendment, the Agreement shall continue in full force and effect and is hereby ratified and confirmed.

     SECTION 4. Governing Law .

     This Amendment will be governed by and construed in accordance with the laws of the State of New York.

     SECTION 5. Severability .

     Each provision of this Amendment shall be severable from every other provision of this Amendment for the purpose of determining the legal enforceability of any provision hereof, and the unenforceability of one or more provisions of this Amendment in one jurisdiction shall not have the effect of rendering such provision or provisions unenforceable in any other jurisdiction.

     SECTION 6. Counterparts .

     This Amendment may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page by facsimile shall be effective as delivery of a manually executed counterpart of this Amendment.

[remainder of page intentionally left blank]

 -2- 

 


 

     IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their respective officers thereunto duly authorized, as of the date first above written.

 
ALLIED RECEIVABLES FUNDING INCORPORATED ALLIED SERVICES, LLC
By: ALLIED WASTE NORTH AMERICA, INC., its Sole Member
BFI WASTE SERVICES, LLC
By: ALLIED WASTE NORTH AMERICA, INC., its Sole Member
BFI WASTE SERVICES OF PENNSYLVANIA, LLC
By: ALLIED WASTE NORTH AMERICA, INC., its Sole Member
BFI WASTE SERVICES OF MASSACHUSETTS, LLC
By: ALLIED WASTE NORTH AMERICA, INC., its Sole Member
GREENRIDGE WASTE SERVICES, LLC
By: ALLIED WASTE NORTH AMERICA, INC., its Sole Member
ALLIED WASTE SYSTEMS, INC.
BFI WASTE SYSTEMS OF NORTH AMERICA, INC.
ALLIED WASTE TRANSPORTATION, INC.
BROWNING-FERRIS INDUSTRIES OF TENNESSEE, INC.
DELTA DADE RECYCLING CORP.
BROWNING-FERRIS INDUSTRIES OF FLORIDA, INC.
BROWNING-FERRIS INDUSTRIES OF OHIO, INC.
PSI WASTE SYSTEMS, INC.
BFI WASTE SERVICES OF TEXAS, LP
By: ALLIED WASTE LANDFILL HOLDINGS, INC., its General Partner
BFI WASTE SERVICES OF INDIANA, LP
By: ALLIED WASTE LANDFILL HOLDINGS, INC., its General Partner
BRENHAM TOTAL ROLL-OFFS, LP
By: ALLIED WASTE LANDFILL HOLDINGS, INC., its General Partner
ALBANY-LEBANON SANITATION, INC.
AMERICAN DISPOSAL SERVICES OF ILLINOIS, INC.
AMERICAN DISPOSAL SERVICES OF MISSOURI, INC.
AMERICAN DISPOSAL SERVICES OF WEST VIRGINIA, INC.
BFI WASTE SYSTEMS OF NEW JERSEY, INC.
CAPITOL RECYCLING AND DISPOSAL, INC.

[Signature Page to Eighth Amendment to Receivables Sale Agreement for Allied]

 


 
 
CITY-STAR SERVICES, INC.
CLARKSTON DISPOSAL, INC.
CORVALLIS DISPOSAL CO.
COUNTY DISPOSAL (OHIO), INC.
COUNTY LANDFILL, INC.
D & L DISPOSAL L.L.C.
DALLAS DISPOSAL CO.
DELTA CONTAINER CORPORATION
DEMPSEY WASTE SYSTEMS II, INC.
DINVERNO, INC.
GRANTS PASS SANITATION, INC.
HARLAND’S SANITARY LANDFILL, INC.
ILLIANA DISPOSAL PARTNERSHIP
ISLAND WASTE SERVICES LTD.
KELLER DROP BOX, INC.
KEY WASTE INDIANA PARTNERSHIP
LATHROP SUNRISE SANITATION CORPORATION
MCINNIS WASTE SYSTEMS, INC.
PACKERTON LAND COMPANY, L.L.C.
RABANCO, LTD.
REGIONAL DISPOSAL COMPANY
By: RABANCO, LTD., its General Partner
ROSSMAN SANITARY SERVICE, INC.
SUBURBAN CARTING CORP.
SUNRISE SANITATION SERVICE, INC.
SUNSET DISPOSAL SERVICE, INC.
SUNSET DISPOSAL, INC.
THOMAS DISPOSAL SERVICE, INC.
UNITED DISPOSAL SERVICE, INC.
         
  By:      
  Name:   Thomas P. Martin   
  Title:   Treasurer   

[additional signatures to follow]

[Signature Page to Eighth Amendment to Receivables Sale Agreement for Allied]

 


 
         
  ALLIED WASTE NORTH AMERICA, INC.
 
 
  By:      
    Name:   Thomas P. Martin   
    Title:   Treasurer   
 

[additional signatures to follow]

[Signature Page to Eighth Amendment to Receivables Sale Agreement for Allied]

 


 

Acknowledged and consented to:

WACHOVIA BANK, NATIONAL ASSOCIATION,
as Agent

         
By:        
Name:        
Title:        

[end of signatures]

[Signature Page to Eighth Amendment to Receivables Sale Agreement for Allied]

 


 

Exhibit III

Names of Collection Banks; Lock-Boxes & Collection Accounts

                                                             
    CMS   InfoPro                           Lockbox        
Originator   District   Division   PO Box   Site   State   Zip Code   Account   Other Account   Account Description
BFI Waste Systems of North America, Inc.
    121               78038     Phoenix   AZ     85062       28216049              
BFI Waste Systems of North America, Inc.
    122               830110     Baltimore   MD     21283       28216049              
BFI Waste Systems of North America, Inc.
    131               78917     Phoenix   AZ     85062       28216049              
BFI Waste Systems of North America, Inc.
    145               78031     Phoenix   AZ     85062       28216049              
BFI Waste Systems of North America, Inc.
    146               78031     Phoenix   AZ     85062       28216049              
BFI Waste Systems of North America, Inc.
    153               78017     Phoenix   AZ     85062       28216049              
BFI Waste Systems of North America, Inc.
    156               78024     Phoenix   AZ     85062       28216049              
BFI Waste Systems of North America, Inc.
    158               79064     Phoenix   AZ     85062       28216049              
BFI Waste Services, LLC
    160               9001227     Louisville   KY     40290       28216049              
BFI Waste Services of Massachusetts, LLC
    175               830102     Baltimore   MD     21283       28216049              
BFI Waste Systems of North America, Inc.
    200               9001219     Louisville   KY     40290       28216049              
Allied Waste Systems, Inc
    215               78440     Phoenix   AZ     85062       28216049              
BFI Waste Systems of North America, Inc.
    245               78429     Phoenix   AZ     85062       28216049              
Browning-Ferris Industries of Ohio, Inc.
    250               9001256     Louisville   KY     40290       28216049              
BFI Waste Services of Texas, LP
    271               78701     Phoenix   AZ     85062       28216049              
BFI Waste Services of Texas, LP
    272               78760     Phoenix   AZ     85062       28216049              
BFI Waste Services of Texas, LP
    275               78720     Phoenix   AZ     85062       28216049              
BFI Waste Services of Texas, LP
    276               78717     Phoenix   AZ     85062       28216049              
BFI Waste Services, LLC
    278               9001215     Louisville   KY     40290       28216049              
BFI Waste Services, LLC
    279               9001216     Louisville   KY     40290       28216049              
BFI Waste Services, LLC
    280               9001217     Louisville   KY     40290       28216049              
BFI Waste Services, LLC
    282               78753     Phoenix   AZ     85062       28216049              
BFI Waste Services, LLC
    283               78750     Phoenix   AZ     85062       28216049              
BFI Waste Services of Texas, LP
    288               78703     Phoenix   AZ     85062       28216049              
BFI Waste Services, LLC
    300               9001625     Louisville   KY     40290       28216049              
BFI Waste Services, LLC
    309               9001624     Louisville   KY     40290       28216049              

 


 
                                                             
    CMS   InfoPro                           Lockbox        
Originator   District   Division   PO Box   Site   State   Zip Code   Account   Other Account   Account Description
BFI Waste Systems of North America, Inc.
    316               78030     Phoenix   AZ     85062       28216049              
BFI Waste Systems of North America, Inc.
    322               830103     Baltimore   MD     21283       28216049              
BFI Waste Systems of North America, Inc.
    323               78527     Phoenix   AZ     85062       28216049              
BFI Waste Services, LLC
    325               9001202     Louisville   KY     40290       28216049              
BFI Waste Services, LLC
    326               9001224     Louisville   KY     40290       28216049              
BFI Waste Systems of North America, Inc.
    335               78370     Phoenix   AZ     85062       28216049              
BFI Waste Systems of North America, Inc.
    341               830119     Baltimore   MD     21283       28216049              
BFI Waste Services, LLC
    343               830129     Baltimore   MD     21283       28216049              
BFI Waste Services, LLC
    344               830130     Baltimore   MD     21283       28216049              
BFI Waste Services, LLC
    345               830131     Baltimore   MD     21283       28216049              
BFI Waste Services, LLC
    347               90012

 
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