Document:

exv10w1

 

EXHIBIT 10.1

FOURTEENTH AMENDMENT TO

RECEIVABLES SALE AGREEMENT

     THIS FOURTEENTH AMENDMENT TO RECEIVABLES SALE AGREEMENT, dated as of May 29 2007 (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. Amendment.

Section 7.7(b) of the Agreement is hereby amended by deleting such section and replacing it with
the following:

     “(b) the sum of (i) the aggregate Outstanding Balance of Eligible Receivables
originated by such Originator or, if applicable, such Immaterial Division at the time of the
delivery of such notice and (ii) the aggregate Outstanding Balance of Eligible Receivables
originated by all other Immaterial Originators who have terminated their obligations and
Immaterial Divisions the Receivables of which Buyer has ceased purchasing under this
Agreement since the date that is twelve (12) months prior the date of such notice, is less
than 5% of the aggregate Outstanding Balance of Eligible Receivables on such date,”

     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 covenants, representations and warranties shall be deemed to have
been restated as of the effective date of this Amendment, (ii) each of the Loan Parties 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

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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 be effective as upon receipt by the Agent of a copy of this Amendment duly
executed by all parties hereto (the “Amendment Effective Date”). Except as otherwise
amended by this Amendment, the Agreement shall continue in full force and effect and is hereby
ratified and confirmed.

     SECTION 4. Fees and Expenses.

The Buyer hereby agrees that in addition to any costs otherwise required to be paid pursuant to the
Transaction Documents, the Buyer shall pay the reasonable legal fees and out-of pocket expenses of
the Agent’s counsel, Hunton & Williams LLP, and all audit fees and due diligence costs incurred by
the Agent in connection with the consummation of this Amendment.

     SECTION 5. Governing Law.

This Amendment will be governed by and construed in accordance with the laws of the State of New
York, without giving effect to the conflicts of laws principles thereof (other than Section 5-1401
of the New York General Obligations Law).

     SECTION 6. 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 7. 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]

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     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 WASTE SERVICES OF NORTH AMERICA, LLC

ALLIED SERVICES, LLC

     By: ALLIED WASTE LANDFILL HOLDINGS, INC.,

               its Managing 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

ALLIED 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.

ALLIED WASTE ENVIRONMENTAL MANAGEMENT GROUP, LLC

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.

ALLIED WASTE SERVICES OF PAGE, 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.

CITY-STAR SERVICES, INC.

CLARKSTON DISPOSAL, INC.

CORVALLIS DISPOSAL CO.

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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

     By: ALLIED WASTE NORTH AMERICA, INC.,

               its Majority in Interest General Partner

ISLAND WASTE SERVICES LTD.

KELLER DROP BOX, INC.

KEY WASTE INDIANA PARTNERSHIP

     By: ALLIED WASTE NORTH AMERICA, INC.,

               its Majority in Interest General Partner

LATHROP SUNRISE SANITATION CORPORATION

MCINNIS WASTE SYSTEMS, INC.

PACKERTON LAND COMPANY, L.L.C.

RABANCO, LTD.

REGIONAL DISPOSAL COMPANY

     By: RABANCO, LTD.,

               its Managing Partner

ROSSMAN SANITARY SERVICE, INC.

SUNRISE SANITATION SERVICE, INC.

SUNSET DISPOSAL SERVICE, INC.

SUNSET DISPOSAL, INC.

THOMAS DISPOSAL SERVICE, INC.

UNITED DISPOSAL SERVICE, INC.

	 	 	 	 	 	 	 
	 

	 	By:
	 	 	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Michael S. Burnett	 	 
	 	 	Title: Treasurer	 	 

ALLIED WASTE NORTH AMERICA, INC.

	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Michael S. Burnett	 	 
	 	 	Title: Vice President and Treasurer	 	 

[additional signatures to follow]

4

 

Consented to this 29th day of May 2007:

VARIABLE FUNDING CAPITAL COMPANY LLC

			
	By:

	 	Wachovia Capital Markets, LLC,
	 

	 	as Attorney-in-Fact

	 	 	 	 	 
	By:

	 	 	 	 
	 

	 	 	 	 
	Name:
	 	 	 	 
	 

	 	 	 	 
	Title:
	 	 	 	 
	 

	 	 	 	 

WACHOVIA BANK, NATIONAL ASSOCIATION,

	 	 	 	 	 
	By:

	 	 	 	 
	 

	 	 	 	 
	Name:
	 	 	 	 
	 

	 	 	 	 
	Title:
	 	 	 	 
	 

	 	 	 	 

ATLANTIC ASSET SECURITIZATION LLC,

	 	 	 	 	 
	By:

	 	 	 	 
	 

	 	 	 	 
	Name:
	 	 	 	 
	 

	 	 	 	 
	Title:
	 	 	 	 
	 

	 	 	 	 

	 	 	 	 	 
	By:

	 	 	 	 
	 

	 	 	 	 
	Name:
	 	 	 	 
	 

	 	 	 	 
	Title:
	 	 	 	 
	 

	 	 	 	 

CALYON NEW YORK BRANCH,

	 	 	 	 	 
	By:

	 	 	 	 
	 

	 	 	 	 
	Name:
	 	 	 	 
	 

	 	 	 	 
	Title:
	 	 	 	 
	 

	 	 	 	 

	 	 	 	 	 
	By:

	 	 	 	 
	 

	 	 	 	 
	Name:
	 	 	 	 
	 

	 	 	 	 
	Title:
	 	 	 	 
	 

	 	 	 	 

[additional signatures to follow]

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Consented to this 29th day of May 2007:

ALLIED WASTE INDUSTRIES, INC.

as Performance Guarantor

	 	 	 	 	 
	By:

	 	 	 	 
	 

	 	 	 	 
	Name: Michael S. Burnett	 	 
	Title: Senior Vice President and Treasurer	 	 

[end of signatures]

6exv10w2

 

EXHIBIT 10.2

THIRD AMENDMENT TO

AMENDED AND RESTATED

CREDIT AND SECURITY AGREEMENT

     THIS THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT, dated as of May
29, 2007 (this “Amendment”), is entered into by and among ALLIED RECEIVABLES FUNDING
INCORPORATED, as borrower (the “Borrower”), ALLIED WASTE NORTH AMERICA, INC., as the
servicer (the “Servicer”), VARIABLE FUNDING CAPITAL COMPANY LLC (as successor by assignment
to Blue Ridge Asset Funding Corporation), as a lender (“VFCC”), WACHOVIA BANK, NATIONAL
ASSOCIATION, as the Agent (the “Agent”) and as Liquidity Bank and as Lender Group Agent,
ATLANTIC ASSET SECURITIZATION LLC, as a lender (“Atlantic Asset”) and CALYON NEW YORK
BRANCH, as the Atlantic Group Agent (in such capacity, the “Atlantic Group Agent”) and as
an Atlantic Liquidity Bank (in such capacity, the “Atlantic Liquidity Bank”). Capitalized
terms used and not otherwise defined herein are used as defined in the Agreement (as defined below
and amended hereby).

     WHEREAS, the Borrower, Servicer, VFCC, Agent, Atlantic Asset and Atlantic Group Agent have
entered into that certain Amended and Restated Credit and Security Agreement, dated as of May 30,
2006 (as amended, restated, supplemented or otherwise modified to the date hereof, the
“Agreement”);

     WHEREAS, the Borrower, Servicer, VFCC, Agent, Atlantic Asset and Atlantic Group Agent 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) Section 9.1(f) of the Agreement is hereby deleted in its entirety and replaced with the
following:

     “(f) Failure of Performance Guarantor or any of its Subsidiaries other than Borrower to
pay Indebtedness in excess of $50,000,000 in aggregate principal amount (hereinafter,
“Material Indebtedness”) when due; or the default by Performance Guarantor or any of
its Subsidiaries (other than Borrower) in the performance of any term, provision or
condition contained in Article VI of the Senior Credit Agreement; or any Material
Indebtedness of Performance Guarantor or any of its Subsidiaries other than Borrower shall
be declared to be due and payable or required to be prepaid (other than by a regularly
scheduled payment) prior to the date of maturity thereof.”

     (b) The definition of “Aggregate Commitment” in Exhibit I is hereby deleted in its entirety
and the following is substituted in lieu thereof:

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“Aggregate Commitment: On any date of determination, the aggregate amount of the
Liquidity Banks’ Commitments to make Loans hereunder. As of the date hereof, the Aggregate
Commitment is $300,000,000.”

     (c) Clause (xvii) of the definition of “Eligible Receivable” in Exhibit I to the Agreement is
hereby modified by inserting, at the end thereof, prior to the semi-colon, the following phrase “,
for the avoidance of doubt, any Forward Billed/Weekly Serviced Receivable that satisfies all other
requirements of this definition of Eligible Receivable shall be an Eligible Receivable, but no
other Forward Billed Receivable shall be an Eligible Receivable”.

     (d) The definition of “Eligible Receivable” in Exhibit I to the Agreement is hereby modified
by deleting the period at the end of clause (xix) of such definition and inserting a semi-colon in
lieu thereof and inserting after clause (xix) of such definition , the following:

“provided, however, on any day on which both (1) the Leverage Ratio does
not exceed the applicable Leverage Ratio Trigger and (2) Liquidity equals or exceeds
$80,000,000: (a) clauses (i), (ii), (iv) and (xvii) shall not apply; and (b) the following
additional clauses shall apply:

(xx) the Obligor of which is (A) a corporation or other business organization,
organized under the laws of the United States, Canada or any political subdivision
thereof and has its chief executive office in the United States or in Canada; (B) not
an Affiliate of any of the parties hereto; (C) a Commercial Obligor; (D) a Municipal
Obligor; or (E) a Federal Government Obligor;

(xxi) either (A) as to which the applicable Originator has satisfied and fully
performed all obligations on its part with respect to such Receivable required to be
fulfilled by it, and no further action is required to be performed by any Person with
respect thereto other than payment thereon by the applicable Obligor or (B) such
Receivable is a Monthly Forward Billed Receivable or a Forward Billed/Weekly Serviced
Receivable, but no other Forward Billed Receivable shall be an Eligible Receivable.”

     (e) The definition of “Facility Termination Date” in Exhibit I is hereby deleted in its
entirety and the following is substituted in lieu thereof:

“Facility Termination Date: The earliest of (i) the Liquidity Termination Date, (ii)
the Amortization Date and (iii) May 27, 2008.”

     (f) Exhibit I to the Agreement is hereby modified by inserting the following definitions in
their proper alphabetical order:

“Alternative Borrowing Base: On any day, an amount equal to the Borrowing Base for
such day, calculated (i) without giving effect to the proviso clause following clause (xix)
of the definition of Eligible Receivable and (ii) by including only 60% of the aggregate

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Principal Balance of all Forward Billed/Weekly Serviced Receivables that are Eligible
Receivables in the Net Pool Balance.”

“Forward Billed Receivable: Any Receivable as to which a bill or invoice for
services is sent to the related Obligor prior to the rendering of the related service by the
related Originator.”

“Forward Billed/Weekly Serviced Receivable: Any Monthly Forward Billed Receivable
as to which the services to which such bill or invoice relates are rendered to the related
Obligor on at least a weekly basis.”

“Leverage Ratio: Has the meaning given such term in that certain Credit Agreement
dated as of July 21, 1999, as amended and restated as of March 21, 2005, among Allied Waste
Industries, Inc., Allied Waste North America, Inc., JPMorgan Chase Bank, N.A., Citicorp
North America, Inc., and UBS Securities LLC, Credit Suisse First Boston, Acting through its
Cayman Islands branch, Wachovia Bank, National Association, Deutsche Bank Trust Company
Americas and Fleet National Bank, (without taking into account any modification, restatement
or amendment thereto unless such modification, restatement or amendment is consented to in
writing by the Agent).”

“Leverage Ratio Trigger: As of the last day of any fiscal quarter ending during any
period set forth below, the ratio set forth opposite such period:

	 	 	 
	Period	 	Ratio
	January 1, 2007 through June 30, 2007

	 	5.00 to 1.00
	 
	 	 
	July 1, 2007 through December 31, 2008

	 	4.75 to 1.00
	 
	 	 
	January 1, 2009 through June 30, 2009

	 	4.50 to 1.00
	 
	 	 
	July 1, 2009 through December 31, 2009

	 	4.25 to 1.00
	 
	 	 
	January 1, 2010 and thereafter

	 	3.75 to 1.00”

“Liquidity: As of any date, the unused Revolving Commitments as of such date.”

“Monthly Forward Billed Receivable: Any Forward Billed Receivable as to which the
related bill or invoice is for services to be rendered no later than one (1) month after the
related invoice or billing date.”

“Revolving Commitment: Has the meaning given such term in that certain Credit
Agreement dated as of July 21, 1999, as amended and restated as of March 21, 2005, among
Allied Waste Industries, Inc., Allied Waste North America, Inc., JPMorgan Chase Bank, N.A.,
Citicorp North America, Inc., and UBS Securities LLC, Credit Suisse First

3

 

Boston, Acting through its Cayman Islands branch, Wachovia Bank, National Association,
Deutsche Bank Trust Company Americas and Fleet National Bank, (without taking into account
any modification, restatement or amendment thereto unless such modification, restatement or
amendment is consented to in writing by the Agent).”

     (g) Schedule A hereto hereby replaces the existing Schedule A to the
Agreement.

     (h) Exhibit V hereto hereby replaces the existing Exhibit V to the Agreement.

     SECTION 2. Consent of Performance Guarantor. Reference is hereby made to that certain
Amended and Restated Performance Undertaking, dated as of May 30, 2006, by Allied Waste Industries,
Inc., (the “Performance Guarantor”) in favor of Allied Receivables Funding Incorporated.
The Performance Guarantor hereby consents to this Amendment.

     SECTION 3. Effectiveness and Effect. This Amendment shall become effective as of date
hereof (the “Effective Date”); provided, that each of the following conditions
precedent shall have been satisfied:

     (a) This Amendment shall have been executed and delivered by a duly authorized officer of each
party thereto.

     (b) The Borrower and the Servicer shall each be in compliance with each of its covenants set
forth herein and each of the Transaction Documents to which it is a party.

     (c) No event has occurred which constitutes an Amortization Event or an Unmatured Amortization
Event and the Termination Date shall not have occurred.

     SECTION 4. Reference to and Effect on the Agreement and the Related Documents. Upon
the effectiveness of this Amendment, (i) each of the Loan Parties hereby reaffirms all
representations and warranties made by it in Article V 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 Loan Parties hereby represents and warrants
that no Amortization Event or Unmatured Amortization 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.

     (a) The Borrower hereby agrees that in addition to any costs otherwise required to be paid
pursuant to the Transaction Documents, the Borrower shall pay the reasonable legal fees and out-of
pocket expenses of each of the Agent’s and the Atlantic Group Agent’s counsel, and all audit fees
and due diligence costs incurred by the Agent and the Atlantic Group Agent in connection with the
consummation of this Amendment.

4

 

     SECTION 5. Governing Law. This Amendment will be governed by and construed in
accordance with the laws of the State of New York, without giving effect to the conflicts of laws
principles thereof (other than Section 5-1401 of the New York General Obligations Law).

     SECTION 6. 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 7. 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]

5

 

     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,

as the Borrower	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	 	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Michael S. Burnett	 	 
	 	 	Title: Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	ALLIED WASTE NORTH AMERICA, INC.,

as the Servicer	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 	 	Name: Michael S. Burnett	 	 
	 	 	Title: Vice President and Treasurer	 	 

[signatures continued on next page]

6

 

	 	 	 	 	 	 	 
	 	 	VARIABLE FUNDING CAPITAL COMPANY LLC,

as a Lender	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Wachovia Capital Markets, LLC,
	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	as Attorney-in-Fact	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	WACHOVIA BANK, NATIONAL ASSOCIATION,

as a Liquidity Bank, as Lender Group Agent for the
Lender Group of which VFCC is a member and as Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

[signatures continued on next page]

7

 

	 	 	 	 	 	 	 
	 	 	ATLANTIC ASSET SECURITIZATION LLC,

as a Lender	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	CALYON NEW YORK BRANCH,

as Atlantic Group Agent and

as Atlantic Liquidity Bank	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

[signatures continued on next page]

8

 

Consented to by:

ALLIED WASTE INDUSTRIES, INC.

as Performance Guarantor

	 	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Name: Michael S. Burnett	 	 
	Title: Senior Vice President and Treasurer	 	 

9

 

SCHEDULE A

LENDER GROUPS, LENDER GROUP AGENTS, CONDUIT LENDERS, AND LIQUIDITY BANKS 

AND COMMITMENTS OF
LIQUIDITY BANKS

I. VFCC Group

	 	 	 
	Conduit Lender:

	 	Variable Funding Capital Company LLC
	Lender Group Agent:

	 	Wachovia Bank, National Association
	Liquidity Banks:

	 	Wachovia Bank, National Association
	Commitment:

	 	 $150,000,000

II. Atlantic Group

	 	 	 
	Conduit Lender:

	 	Atlantic Asset Securitization LLC
	Lender Group Agent:

	 	Calyon New York Branch
	Liquidity Banks:

	 	Calyon New York Branch
	Commitment:

	 	 $150,000,000

Schedule A - 1 

 

EXHIBIT V

FORM OF COMPLIANCE CERTIFICATE

			
	To:	 	Wachovia Bank, National Association, as Agent

[each Lender Group Agent]

     This Compliance Certificate is furnished pursuant to that certain Credit and Security
Agreement dated as of May 30, 2006 (as amended, supplemented or otherwise modified from time to
time, the “Agreement”) among Allied Receivables Funding Incorporated (the
“Borrower”), Allied Waste North America, Inc., as initial Servicer, Variable Funding
Capital Company LLC, Wachovia Bank National Association, individually and as Agent, the Lenders
from time to time parties thereto, the Lender Group Agents from time to time party thereto and the
Liquidity Banks from time to time parties thereto.

     THE UNDERSIGNED HEREBY CERTIFIES THAT:

     1. I am the duly elected [Chief Financial Officer] of [Borrower] [Performance Guarantor].

     2. I have reviewed the terms of the [Agreement] [Performance Undertaking] and I have made, or
have caused to be made under my supervision, a detailed review of the transactions and conditions
of [Borrower] [Performance Guarantor and its Subsidiaries] during the accounting period covered by
the attached financial statements.

     3. The examinations described in paragraph 2 did not disclose, and I have no knowledge
of, the existence of any condition or event which constitutes [an Amortization Event or Unmatured
Amortization Event, as each such term is defined under the Agreement] [breach under the Performance
Undertaking], during or at the end of the accounting period covered by the attached financial
statements or as of the date of this Certificate[, except as set forth in paragraph 5
below].

     4. [With respect to the Performance Guarantor] The Performance Guarantor is in compliance
with each term, provision or condition contained in Article VI of the Senior Credit Agreement.]

     [5. Described below are the exceptions, if any, to paragraph 3 by listing, in detail,
the nature of the condition or event, the period during which it has existed and the action which
[Borrower] [Performance Guarantor] has taken, is taking, or proposes to take with respect to each
such condition or event: ___]

V-1 

 

     The foregoing certifications, together with the computations set forth in Schedule I
hereto and the financial statements delivered with this Certificate in support hereof, are made and
delivered as of ___, 20___.

	 	 	 	 	 	 	 
	 

	 	By:
	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 	 	 

V-2 

 

SCHEDULE I TO COMPLIANCE CERTIFICATE

     A. Schedule of Compliance as of ___, ___with Section ___of the Agreement. Unless
otherwise defined herein, the terms used in this Compliance Certificate have the meanings ascribed
thereto in the Agreement.

This schedule relates to the month ended: ___

V-3

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