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EXHIBIT 10.53EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT

Receivables Purchase Transfer Agreement

EXHIBIT 10.53EIGHTH AMENDMENT TO 

RECEIVABLES SALE AGREEMENT | Document Parties: ALLIED RECEIVABLES FUNDING INCORPORATED,  | ALLIED WASTE NORTH AMERICA, INC. You are currently viewing:
This Receivables Purchase Transfer Agreement involves

ALLIED RECEIVABLES FUNDING INCORPORATED, | ALLIED WASTE NORTH AMERICA, INC.

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Title: EXHIBIT 10.53EIGHTH AMENDMENT TO RECEIVABLES SALE AGREEMENT
Governing Law: New York     Date: 6/29/2005
Industry: Waste Management Services     Sector: Services

EXHIBIT 10.53EIGHTH AMENDMENT TO 

RECEIVABLES SALE AGREEMENT, Parties: allied receivables funding incorporated   , allied waste north america  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

 

 

 

28216


 
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