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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): May 9, 2011 (May 9, 2011)
Republic Services, Inc.
(Exact name of registrant as specified in charter)
Delaware
(State or other jurisdiction of incorporation)
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1-14267
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65-0716904 |
(Commission File Number)
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(IRS Employer Identification No.) |
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18500 North Allied Way |
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Phoenix, Arizona
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85054 |
(Address of principal executive offices)
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(Zip Code) |
(480) 627-2700
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))
Item 8.01. OTHER EVENTS.
On May 9, 2011, Republic Services, Inc. (Republic) completed an underwritten public offering
of $700,000,000 aggregate principal amount of 3.800% notes due May 15, 2018 (the 2018 Notes),
$550,000,000 aggregate principal amount of 4.750% notes due May 15, 2023 (the 2023 Notes) and
$600,000,000 aggregate principal amount of 5.700% notes due May 15, 2041 (the 2041 Notes and,
together with the 2018 Notes and the 2023 Notes, the Notes). The Notes were issued pursuant
to an Indenture, dated as of September 8, 2009, between Republic and The Bank of New York Mellon
Trust Company, N.A., as trustee, as supplemented by the Second Supplemental Indenture, the Third
Supplemental Indenture and the Fourth Supplemental Indenture, each dated as of May 9, 2011. The
Notes are unsubordinated and unsecured obligations of Republic and are guaranteed (the
Guarantees) by those subsidiaries of Republic that are parties to the supplemental indentures
as previously described. The net proceeds of the offering will be used to finance the call of
Republics 7.125% Senior Notes due 2016 on May 16, 2011, to purchase a portion of the
outstanding debentures of its subsidiary, Browning-Ferris Industries, LLC, due in 2021 and 2035
on May 9, 2011 pursuant to the previously announced tender offer, to reduce balances outstanding
under its revolving credit facility and for general corporate purposes.
In connection with the issuance and sale of the Notes, Republic entered into an Underwriting
Agreement, dated as of May 2, 2011, with Merrill Lynch, Pierce, Fenner & Smith Incorporated,
Barclays Capital Inc., J.P. Morgan Securities LLC and RBS Securities Inc., as representatives of
the several underwriters named therein, which is filed as Exhibit 1.1 hereto.
The Notes have been registered under the Securities Act of 1933 (the Act) pursuant to a
Registration Statement on Form S-3 (No. 333-166469) (the Registration Statement) previously
filed with the Securities and Exchange Commission by Republic under the Act.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Republic hereby files the following exhibits to, and incorporates such exhibits by reference
in, the Registration Statement which was filed on May 3, 2010 and supplemented by the
Prospectus Supplement dated May 2, 2011 which was filed on May 3, 2011:
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Exhibit No. |
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Description |
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1.1
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Underwriting Agreement, dated as of May 2, 2011, among Republic Services,
Inc., the guarantors named therein and Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital
Inc., J.P. Morgan Securities LLC and RBS Securities Inc., as representatives
of the several underwriters named therein |
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4.1
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Second Supplemental Indenture, dated as of May 9, 2011, to the Indenture,
dated as of September 8, 2009, by and among Republic Services, Inc., the
guarantors named therein and The Bank of New York Mellon Trust Company, N.A.,
as trustee, including the form of 3.800% Notes due 2018. |
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4.2
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Third Supplemental Indenture, dated as of May 9, 2011, to the Indenture,
dated as of September 8, 2009, by and among Republic Services, Inc., the
guarantors named therein and The Bank of New York Mellon Trust Company, N.A.,
as trustee, including the form of 4.750% Notes due 2023. |
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4.3
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Fourth Supplemental Indenture, dated as of May 9, 2011, to the Indenture,
dated as of September 8, 2009, by and among Republic Services, Inc., the
guarantors named therein and The Bank of New York Mellon Trust Company, N.A.,
as trustee, including the form of 5.700% Notes due 2041. |
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5.1
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Opinion of Mayer Brown LLP, as to the validity of the Notes and the Guarantees |
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23.1
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Consent of Mayer Brown LLP (contained in Exhibit 5.1 hereto) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the
registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: May 9, 2011
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REPUBLIC SERVICES, INC.
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By: |
/s/ Tod C. Holmes
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Tod C. Holmes |
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Executive Vice President and Chief Financial
Officer (Principal Financial Officer) |
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By: |
/s/ Charles F. Serianni
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Charles F. Serianni |
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Senior Vice President and Chief Accounting
Officer (Principal Accounting Officer) |
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exv1w1
Exhibit 1.1
REPUBLIC SERVICES, INC.
UNDERWRITING AGREEMENT
May 2, 2011
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
Barclays Capital Inc.
J.P. Morgan Securities LLC
RBS Securities Inc.
As Representatives of the several Underwriters
Named in Schedule A hereto
c/o Merrill Lynch, Pierce, Fenner & Smith
Incorporated
One Bryant Park
New York, New York 10036
c/o Barclays Capital Inc.
745 Seventh Avenue
New York, New York 10019
c/o J.P. Morgan Securities LLC
383 Madison Avenue
New York, New York 10179
c/o RBS Securities Inc.
600 Washington Blvd
Stamford, CT 06901
Ladies and Gentlemen:
Introductory. Republic Services, Inc., a Delaware corporation (the Company),
proposes to issue and sell to the several Underwriters named in Schedule A (the
Underwriters), acting severally and not jointly, the respective amounts set forth in such
Schedule A of $1,850,000,000 aggregate principal amount of the Companys 3.800% Notes due 2018 (the
2018 Notes), 4.750% Notes due 2023 (the 2023 Notes) and 5.700% Notes due 2041
(the 2041 Notes) (collectively, the Notes). Merrill Lynch, Pierce, Fenner &
Smith Incorporated (Merrill Lynch), Barclays Capital Inc., J.P. Morgan Securities LLC and
RBS Securities Inc. have agreed to act as representatives of the several Underwriters (in such
capacity, the Representatives) in connection with the offering and sale of the Notes.
The Notes will be issued pursuant to an indenture (the Base Indenture), dated as of
September 8, 2009, among the Company and The Bank of New York Mellon Trust Company, N.A., as
trustee (the Trustee). Certain terms of the 2018 Notes will be established pursuant to a
second supplemental indenture to the Base Indenture, certain terms of the 2023 Notes will be
established pursuant to a third supplemental indenture to the Base Indenture and certain terms of
the 2041 Notes will be established pursuant to a fourth supplemental indenture to the Base
Indenture, each to be entered among the Company, the Guarantors (as defined below) and the Trustee
and dated as of the Closing Date (as defined in Section 2 below) (the Supplemental
Indentures and, together with the Base Indenture, the Indenture). The Notes will be
issued in book-entry form in the name of Cede & Co., as nominee of The Depository Trust Company
(the Depositary), pursuant to a Letter of Representations, to be dated on or before the
Closing Date (the DTC Agreement), among the Company, the Trustee and the Depositary.
The payment of principal, premium and interest on the Notes will be fully and unconditionally
guaranteed on a senior unsecured basis, jointly and severally, by the subsidiaries of the Company
listed on Exhibit D hereto and any subsidiary of the Company formed or acquired after the Closing
Date that executes an additional guarantee in accordance with the terms of the Indenture and, to
the extent provided by the Indenture, their respective successors and assigns (collectively the
Guarantors), pursuant to their guarantees (the Guarantees). The Notes and the
Guarantees attached thereto are herein collectively referred to as the Securities.
The Company has prepared and filed with the Securities and Exchange Commission (the
Commission) under the Securities Act of 1933, as amended, and the rules and regulations
promulgated thereunder (collectively, the Securities Act), a registration statement on
Form S-3 (File No. 333-166469), including a base prospectus, relating to the debt securities and
the guarantees thereof to be offered from time to time by the Company and the Guarantors. Such
registration statement, as amended as of the date hereof, including the information, if any, deemed
pursuant to Rule 430A, 430B or 430C under the Securities Act to be part of the registration
statement (Rule 430 Information), is referred to herein as the Registration Statement;
and as used herein, the term Preliminary Prospectus means the preliminary prospectus supplement,
dated May 2, 2011, together with the base prospectus included therein dated May 3, 2010, and the
term Prospectus means the prospectus in the form first used (or made available upon request of
purchasers pursuant to Rule 173 under the Securities Act) in connection with confirmation of sales
of the Securities, which is the final prospectus supplement, dated May 2, 2011, together with the
base prospectus included therein dated May 3, 2010. If the Company has filed an abbreviated
registration statement pursuant to Rule 462(b) under the Securities Act (the Rule 462
Registration Statement), then any reference herein to the term Registration Statement shall
be deemed to include such Rule 462 Registration Statement. Any reference in this Agreement to the
Registration Statement, any Preliminary Prospectus or the Prospectus shall be deemed to refer to
and include the documents that are or are deemed to be incorporated by reference therein pursuant
to Item 12 of Form S-3 under the Securities Act, as of the effective date of the Registration
Statement or the date of such Preliminary Prospectus or the Prospectus, as the case may be, and any
reference to amend, amendment or supplement with respect to the Registration Statement, any
Preliminary Prospectus or the Prospectus shall be deemed to refer to and include any documents
filed after such date under the Securities Exchange Act of 1934, as amended, and the rules and
regulations of the Commission promulgated thereunder (collectively, the Exchange Act)
that are or are deemed to be
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incorporated by reference therein. Capitalized terms used but not defined herein shall have
the meanings given to such terms in the Registration Statement and the Prospectus.
At or prior to 4:00 p.m. New York City time on the date hereof (the Time of Sale),
the Company prepared the following information (collectively, the Time of Sale
Information): (i) the Preliminary Prospectus and (ii) each free-writing prospectus (as
defined pursuant to Rule 405 under the Securities Act) listed on Exhibit C hereto as constituting
part of the Time of Sale Information.
Each of the Company and the Guarantors hereby confirms its agreements with the Underwriters as
follows:
Section 1. Representations and Warranties of the Company and the Guarantors.
Each of the Company and the Guarantors, jointly and severally, hereby represents, warrants and
covenants to each Underwriter as of the date hereof, as of the Time of Sale and as of the Closing
Date (in each case, a Representation Date), as follows:
a) Registration Statement and Prospectus. The Registration Statement is an automatic shelf
registration statement as defined under Rule 405 of the Securities Act that has been filed with
the Commission not earlier than three years prior to the date hereof; and no notice of objection of
the Commission to the use of such registration statement or any post-effective amendment thereto
pursuant to Rule 401(g)(2) under the Securities Act has been received by the Company. No order
suspending the effectiveness of the Registration Statement has been issued by the Commission and to
the knowledge of the Company no proceeding for that purpose or pursuant to Section 8A of the
Securities Act against the Company or related to the offering has been initiated or threatened by
the Commission; as of the applicable effective date of the Registration Statement and any amendment
thereto, the Registration Statement complied and will comply in all material respects with the
Securities Act and the Trust Indenture Act of 1939, as amended, and the rules and regulations of
the Commission promulgated thereunder (collectively, the Trust Indenture Act), and did
not and will not contain any untrue statement of a material fact or omit to state a material fact
required to be stated therein or necessary in order to make the statements therein not misleading;
and as of the date of the Prospectus and any amendment or supplement thereto and as of the Closing
Date, the Prospectus will comply in all material respects with the Securities Act and will not
contain any untrue statement of a material fact or omit to state a material fact required to be
stated therein or necessary in order to make the statements therein, in the light of the
circumstances under which they were made, not misleading; provided that the Company and the
Guarantors make no representation and warranty with respect to (i) that part of the Registration
Statement that constitutes the Statement of Eligibility and Qualification (Form T-1) of the Trustee
under the Trust Indenture Act or (ii) any statements or omissions made in reliance upon and in
conformity with information relating to any Underwriter furnished to the Company in writing by such
Underwriter through the Representatives expressly for use in the Registration Statement and the
Prospectus and any amendment or supplement thereto.
b) Time of Sale Information. The Time of Sale Information, at the Time of Sale did not, and at
the Closing Date will not, contain any untrue statement of a material fact or omit to
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state a material fact necessary in order to make the statements therein, in the light of the
circumstances under which they were made, not misleading; provided that the Company and the
Guarantors make no representation and warranty with respect to any statements or omissions made in
reliance upon and in conformity with information relating to any Underwriter furnished to the
Company in writing by such Underwriter through the Representatives expressly for use in such Time
of Sale Information.
c) Issuer Free Writing Prospectus. The Company and the Guarantors (including their agents and
representatives, other than the Underwriters in their capacity as such) have not prepared, made,
used, authorized, approved or referred to and will not prepare, make, use, authorize, approve or
refer to any written communication (as defined in Rule 405 under the Securities Act) that
constitutes an offer to sell or solicitation of an offer to buy the Securities (each such
communication by the Company, the Guarantors or their agents and representatives (other than a
communication referred to in clauses (i) (ii) and (iii) below) an Issuer Free Writing
Prospectus) other than (i) any document not constituting a prospectus pursuant to Section
2(a)(10)(a) of the Securities Act or Rule 134 under the Securities Act, (ii) the Preliminary
Prospectus, (iii) the Prospectus, (iv) each free-writing prospectus listed on Exhibit C hereto as
constituting part of the Time of Sale Information and (v) any electronic road show or other written
communications, in each case approved in writing in advance by the Representatives. Each such
Issuer Free Writing Prospectus complied in all material respects with the Securities Act, has been
or will be (within the time period specified in Rule 433) filed in accordance with the Securities
Act (to the extent required thereby) and, when taken together with the Preliminary Prospectus
accompanying, or delivered prior to delivery of, or filed prior to the first use of, such Issuer
Free Writing Prospectus, did not, and at the Closing Date will not, contain any untrue statement of
a material fact or omit to state a material fact necessary in order to make the statements therein,
in the light of the circumstances under which they were made, not misleading; provided that the
Company and the Guarantors make no representation and warranty with respect to any statements or
omissions made in each such Issuer Free Writing Prospectus in reliance upon and in conformity with
information relating to any Underwriter furnished to the Company in writing by such Underwriter
through the Representatives expressly for use in any Issuer Free Writing Prospectus.
d) Incorporated Documents. The documents incorporated or deemed to be incorporated by
reference in the Registration Statement, the Prospectus and the Time of Sale Information (i) at the
time they were or hereafter are filed with the Commission, complied or will comply in all material
respects with the requirements of the Exchange Act and (ii) when read together with the other Time
of Sale Information, at the Time of Sale, and when read together with the other information in the
Prospectus, at the date of the Prospectus and at the Closing Date, did not or will not include an
untrue statement of a material fact or omit to state a material fact necessary in order to make the
statements therein, in the light of the circumstances under which they were made, not misleading.
e) Status under the Securities Act. The Company is not an ineligible issuer and is a
well-known seasoned issuer, in each case as defined under the Securities Act, in each case at the
times specified in the Securities Act in connection with the offering of the Securities.
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f) The Underwriting Agreement. This Agreement has been duly authorized, executed and
delivered by the Company and each of the Guarantors.
g) The Indenture and the DTC Agreement. The Base Indenture has been duly authorized, executed
and delivered by the Company and constitutes a valid and binding agreement of the Company and each
of the Guarantors, enforceable against the Company in accordance with its terms, except as the
enforcement thereof may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization,
moratorium or other similar laws relating to or affecting the rights and remedies of creditors or
by general equitable principles. The Supplemental Indentures have been duly authorized and, on the
Closing Date, will have been duly executed and delivered by, and will constitute a valid and
binding agreement of, the Company and each of the Guarantors, enforceable against the Company and
each of the Guarantors in accordance with their terms, except as the enforcement thereof may be
limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other similar
laws relating to or affecting the rights and remedies of creditors or by general equitable
principles. The Indenture has been duly qualified under the Trust Indenture Act. The DTC
Agreement has been duly authorized, executed and delivered by, and constitutes a valid and binding
agreement of, the Company, enforceable in accordance with its terms, except as the enforcement
thereof may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium
or other similar laws relating to or affecting the rights and remedies of creditors or by general
equitable principles.
h) Authorization of the Notes and the Guarantees. (i) The Notes to be purchased by the
Underwriters from the Company are in the form contemplated by the Indenture, have been duly
authorized by the Company for issuance and sale pursuant to this Agreement and the Indenture and,
at the Closing Date, will have been duly executed by the Company and, when authenticated in the
manner provided for in the Indenture and delivered against payment of the purchase price therefor,
will constitute valid and binding obligations of the Company, enforceable in accordance with their
terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, fraudulent
transfer, reorganization, moratorium or other similar laws relating to or affecting the rights and
remedies of creditors or by general equitable principles, and will be entitled to the benefits of
the Indenture. (ii) The Guarantees of the Notes are in the form contemplated by the Indenture,
have been duly authorized for issuance and sale pursuant to this Agreement and the Indenture and,
at the Closing Date, will have been duly executed by each of the Guarantors, and, when the Notes
have been authenticated in the manner provided for in the Indenture and delivered against payment
of the purchase price therefor, will constitute valid and binding obligations of each of the
Guarantors, enforceable in accordance with their terms, except as the enforcement thereof may be
limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other similar
laws relating to or affecting the rights and remedies of creditors or by general equitable
principles, and will be entitled to the benefits of the Indenture.
i) Description of the Securities and the Indenture. The Securities and the Indenture conform
or will conform in all material respects to the respective descriptions thereof contained in the
Registration Statement, the Time of Sale Information and the Prospectus.
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j) Accuracy of Statements. The statements in each of the Registration Statement, the Time of
Sale Information and the Prospectus under the captions Description of Notes and Material United
States Federal Income Tax Considerations, in each case insofar as such statements constitute a
summary of the legal matters or documents referred to therein, fairly present and summarize, in all
material respects, the matters referred to therein.
k) No Material Adverse Change. Except as otherwise disclosed in the Time of Sale Information,
subsequent to the respective dates as of which information is given in the Time of Sale
Information, (i) neither the Company, the Guarantors nor any of their respective subsidiaries has
sustained any material loss or interference with their respective businesses from fire, explosion,
flood or other calamity, whether or not covered by insurance, or from any labor dispute or court or
governmental action, order or decree and (ii) there has been no material adverse change, or any
development that would reasonably be expected to result in a material adverse change, in the
condition, financial or otherwise, or in the business, properties, results of operations or
prospects, whether or not arising from transactions in the ordinary course of business, of the
Company, the Guarantors and their respective subsidiaries, considered as one entity (any such
change is called a Material Adverse Change).
l) Independent Accountants. The Companys independent registered public accounting firm, who
have expressed their opinion with respect to the Companys audited financial statements included or
incorporated by reference in the Registration Statement, the Time of Sale Information and the
Prospectus, are independent public accountants with respect to the Company as required by the
Securities Act and the Exchange Act and are an independent registered public accounting firm with
the Public Company Accounting Oversight Board.
m) Preparation of the Financial Statements. The financial statements together with the
related notes thereto included or incorporated by reference in the Registration Statement, the Time
of Sale Information and the Prospectus present fairly the consolidated financial position of the
Company and its subsidiaries as of and at the dates indicated and the results of their operations
and cash flows for the periods specified; said financial statements have been prepared in
conformity with generally accepted accounting principles (GAAP) as applied in the United
States applied on a consistent basis throughout the periods involved, except as may be expressly
stated in the related notes thereto. The summary historical consolidated financial data included
in the Registration Statement, the Time of Sale Information and the Prospectus present fairly the
information shown therein and have been compiled on a basis consistent with that of the audited
financial statements incorporated by reference in the Registration Statement, the Time of Sale
Information and the Prospectus. There are no financial statements that are required to be included
in the Registration Statement, the Time of Sale Information or the Prospectus that are not included
or incorporated by reference as required.
n) Incorporation and Good Standing of the Company and its Subsidiaries. Each of the Company,
the Guarantors and their significant subsidiaries (as defined in Rule 1-02(10) of Regulation S-X,
the Significant Subsidiaries) has been duly incorporated or formed and is validly
existing as a corporation, limited liability company, partnership or other legal entity, as the
case may be, in good standing under the laws of the jurisdiction of its incorporation or formation,
and each has corporate, limited liability company, partnership or other power and authority to own
or lease, as the case may be, and operate its properties and to conduct its
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business as described in the Registration Statement, the Time of Sale Information and the
Prospectus and, in the case of the Company and the Guarantors, to enter into and perform its
obligations under this Agreement. Each of the Company, the Guarantors and each Significant
Subsidiary is duly qualified as a foreign corporation, limited liability company, partnership or
other legal entity to transact business and is in good standing or equivalent status in each
jurisdiction in which such qualification is required, whether by reason of the ownership or leasing
of property or the conduct of business, except for such jurisdictions where the failure to so
qualify or to be in good standing would not, individually or in the aggregate, reasonably be
expected to result in a Material Adverse Change. All of the issued and outstanding shares of
capital stock of each subsidiary of the Company have been duly authorized and validly issued, are
fully paid and nonassessable and, except in the case of subsidiaries set forth on Exhibit E hereto,
are owned by the Company or a Guarantor, directly or through their respective subsidiaries, free
and clear of any security interest, mortgage, pledge, lien, encumbrance or claim. The Company does
not have any subsidiary not listed on Exhibit 21.1 to the Companys most recent Annual Report on
Form 10-K which is required to be so listed.
o) Capitalization and Other Capital Stock Matters. The authorized, issued and outstanding
capital stock of the Company is as set forth in the most recent quarterly report on Form 10-Q
incorporated by reference in the Time of Sale Information and the Prospectus (other than for
subsequent issuances, if any, pursuant to employee benefit plans or upon exercise of outstanding
options, in each case, described in the documents incorporated by reference in the Registration
Statement, the Time of Sale Information and the Prospectus, as the case may be).
p) Non-Contravention of Existing Instruments; No Further Authorizations or Approvals Required.
None of the Company, the Guarantors nor any of their respective subsidiaries is (i) in violation
of or in default under (or, with the giving of notice or lapse of time or both, would be in
default) (Default) its articles of incorporation, charter, by-laws, limited liability
company agreement or limited partnership agreement, as applicable, (ii) in Default under any
indenture, mortgage, loan or credit agreement, deed of trust, note, contract, franchise, lease or
other agreement, obligation, condition, covenant or instrument to which it or any of its
subsidiaries is a party or by which it or any of them may be bound or to which any of the property
or assets of it or any of its subsidiaries is subject (each, an Existing Instrument) or
(iii) in violation of any statute, law, rule, regulation, judgment, order or decree of any court,
regulatory body, administrative agency, governmental body, arbitrator or other authority having
jurisdiction over the Company, any of the Guarantors or any of their respective subsidiaries or any
of their properties, as applicable, except, with respect to clauses (ii) and (iii) only, for such
Defaults or violations as would not, individually or in the aggregate, reasonably be expected to
result in a Material Adverse Change. The execution, delivery and performance by the Company and
the Guarantors of this Agreement and the Indenture and consummation of the transactions
contemplated hereby and thereby (i) have been duly authorized by all necessary corporate, limited
liability company or limited partnership action by the Company and the Guarantors and will not
result in any Default under the articles of incorporation, charter, bylaws, limited liability
company or limited partnership agreement of the Company, any of the Guarantors or any of their
respective subsidiaries, (ii) will not conflict with or constitute a breach of, or Default or a
Debt Repayment Triggering Event (as defined below) under, or result in the creation or imposition
of any lien, charge or encumbrance upon any property or assets of the Company, any of the
Guarantors or any of their respective subsidiaries pursuant to, or require the consent of any other
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party to, any Existing Instrument, and (iii) will not result in any violation of any statute,
law, rule, regulation, judgment, order or decree applicable to the Company, any of the Guarantors
or any of their respective subsidiaries of any court, regulatory body, administrative agency,
governmental body, arbitrator or other authority having jurisdiction over the Company, any of the
Guarantors or any of their respective subsidiaries or any of their respective properties except,
with respect to clauses (ii) and (iii) only, for such conflicts, Defaults, Debt Repayment
Triggering Events or violations as would not, individually or in the aggregate, reasonably be
expected to result in a Material Adverse Change or adversely affect the consummation of the
transactions contemplated by this Agreement. No consent, approval, authorization or other order
of, or registration or filing with, any court or other governmental or regulatory authority or
agency is required for the execution, delivery and performance by the Company and the Guarantors of
this Agreement or the issuance and sale of the Securities or consummation of the transactions
contemplated hereby or thereby, except such as have been obtained or made by the Company or the
Guarantors and are in full force and effect under the Securities Act, and except for such consents,
approvals, authorizations, orders, registrations or filings as may be required under applicable
state securities or blue sky laws or foreign securities laws. As used herein, a Debt
Repayment Triggering Event means any event or condition which gives, or with the giving of
notice or lapse of time or both would give, the holder of any note, debenture or other evidence of
indebtedness (or any person acting on such holders behalf) issued by the Company or any of its
subsidiaries, the right to require the repurchase, redemption or repayment of all or a portion of
such indebtedness by the Company or any of its subsidiaries.
q) No Material Actions or Proceedings. Except as disclosed in the Registration Statement, the
Time of Sale Information and the Prospectus, there are no legal or governmental actions, suits or
proceedings pending or, to the best of the Companys knowledge, threatened (i) against or affecting
the Company, any of the Guarantors or any of their respective subsidiaries, (ii) which has as the
subject thereof any officer or director of, or property owned or leased by, the Company, any of the
Guarantors or any of their respective subsidiaries or (iii) relating to environmental or
discrimination matters related to the Company, any of the Guarantors or any of their respective
subsidiaries, where any such action, suit or proceeding, if determined adversely, would,
individually or in the aggregate, reasonably be expected to result in a Material Adverse Change or
adversely affect the consummation of the transactions contemplated by this Agreement.
r) Labor Matters. No material dispute with the employees of the Company, any of the
Guarantors or any of their respective subsidiaries exists, and the Company is not aware of any
existing or imminent labor disturbance by the employees of any of its or its subsidiaries
principal suppliers, contractors or customers, that in either case would, individually or in the
aggregate, reasonably be expected to result in a Material Adverse Change.
s) All Necessary Permits, etc. The Company, the Guarantors and each of their subsidiaries
possess such valid and current certificates, authorizations, permits, licenses, approvals, consents
and other authorizations issued by the appropriate state, federal or foreign regulatory agencies or
bodies necessary to conduct their respective businesses, and none of the Company, the Guarantors or
any of their subsidiaries has received any notice of proceedings relating to the revocation or
modification of, or non-compliance with, any such certificate, authorization, permit, license,
approval, consent or other authorization which, singly or in the
8
aggregate, if the subject of an unfavorable decision, ruling or finding, would reasonably be
expected to result in a Material Adverse Change.
t) Title to Properties. Except as otherwise disclosed in the Registration Statement, the Time
of Sale Information and the Prospectus, the Company, the Guarantors and each of their respective
subsidiaries has good and marketable title to all the properties and assets reflected as owned in
the financial statements referred to in Section 1(m) above (or elsewhere in the Registration
Statement, the Time of Sale Information and the Prospectus), in each case free and clear of any
security interests, mortgages, liens, encumbrances, equities, claims and other defects, except such
as do not materially and adversely affect the value of such property and do not materially
interfere with the use made or proposed to be made of such property by the Company, the Guarantors
or such subsidiary. The real property, improvements, equipment and personal property held under
lease by the Company, any of the Guarantors and any of their respective subsidiaries are held under
valid and enforceable leases, with such exceptions as are not material and do not materially
interfere with the use made or proposed to be made of such real property, improvements, equipment
or personal property by the Company, the Guarantors or any of their respective subsidiaries, as the
case may be.
u) Tax Law Compliance. The Company, the Guarantors and their respective subsidiaries have
filed all necessary federal, state, local and foreign income and franchise tax returns in a timely
manner and have paid all taxes required to be paid by any of them and, if due and payable, any
related or similar assessment, fine or penalty levied against any of them, except for any taxes,
assessments, fines or penalties as may be being contested in good faith and by appropriate
proceedings, except where a default to make such filings or payments would not reasonably be
expected to result in a Material Adverse Change. The Company, the Guarantors and their respective
subsidiaries have made appropriate provisions in the applicable financial statements referred to in
Section 1(m) above in respect of all federal, state, local and foreign income and franchise taxes
for all current or prior periods as to which the tax liability of the Company, the Guarantors or
any of their respective subsidiaries has not been finally determined.
v) Not an Investment Company. Each of the Company and the Guarantors is not, and after
receipt of payment for the Securities and the application of the proceeds thereof as contemplated
under the caption Use of Proceeds in the Time of Sale Information and the Prospectus will not be,
required to register as an investment company within the meaning of the Investment Company Act of
1940, as amended.
w) Insurance. The Company, the Guarantors and each of their respective subsidiaries are
insured by recognized, financially sound and reputable institutions with policies in such amounts
and with such deductibles and covering such risks as are generally deemed adequate and customary
for their businesses. All policies of insurance insuring the Company, the Guarantors or any of
their respective subsidiaries or their respective businesses, assets, employees, officers and
directors are in full force and effect.
x) No Price Stabilization or Manipulation. None of Company, the Guarantors or any of their
respective subsidiaries has taken or will take, directly or indirectly, any action designed to or
that would be reasonably expected to cause or result in stabilization or
9
manipulation of the price of any security of the Company to facilitate the sale or resale of
the Securities.
y) Related Party Transactions. There are no business relationships or related-party
transactions involving the Company, the Guarantors or any of their respective subsidiaries or any
other person required to be described in the Registration Statement, the Time of Sale Information
and the Prospectus that have not been described as required.
z) No Registration Rights. No person has the right to require the Company or any of its
subsidiaries to register any securities for sale under the Securities Act by reason of the filing
of the Registration Statement with the Commission or the issuance and sale of the Securities.
aa) No Unlawful Contributions or Other Payments. None of the Company, the Guarantors, any of
their respective subsidiaries or, to the best of the Companys and Guarantors knowledge, any
director, officer, agent, employee or affiliate of the Company, any of the Guarantors or any of
their respective subsidiaries is aware of or has taken any action, directly or indirectly, that
would result in a violation by such persons of the FCPA, including, without limitation, making use
of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an
offer, payment, promise to pay or authorization of the payment of any money, or other property,
gift, promise to give, or authorization of the giving of anything of value to any foreign
official (as such term is defined in the FCPA) or any foreign political party or official thereof
or any candidate for foreign political office, in contravention of the FCPA, and the Company, the
Guarantors and their respective subsidiaries and, to the best of the Companys and the Guarantors
knowledge, their affiliates have conducted their businesses in compliance with the FCPA and have,
to the extent necessary, instituted and maintained policies and procedures designed to ensure, and
which are reasonably expected to continue to ensure, continued compliance therewith.
FCPA means the Foreign Corrupt Practices Act of 1977, as amended, and the rules and
regulations thereunder.
bb) No Conflict with Money Laundering Laws. The operations of the Company, the Guarantors and
their respective subsidiaries are and have been conducted at all times in compliance in all
material respects with applicable financial recordkeeping and reporting requirements of the
Currency and Foreign Transactions Reporting Act of 1970, as amended, the money laundering statutes
of all applicable jurisdictions, the rules and regulations thereunder and any related or similar
rules, regulations or guidelines issued, administered or enforced by any governmental agency
(collectively, the Money Laundering Laws) and no action, suit or proceeding by or before
any court or governmental agency, authority or body or any arbitrator involving the Company, the
Guarantors or any of their respective subsidiaries with respect to the Money Laundering Laws is
pending or, to the best knowledge of the Company and the Guarantors, threatened.
cc) No Conflict with OFAC Laws. None of the Company, the Guarantors or any of their
respective subsidiaries nor, to the best knowledge of the Company and the Guarantors, any director,
officer, agent, employee or affiliate of the Company or the Guarantors or any of their respective
subsidiaries is currently subject to any U.S. sanctions administered by the Office of
10
Foreign Assets Control of the U.S. Treasury Department (OFAC); and the Company and
the Guarantors will not directly or indirectly use the proceeds of the offering, or lend,
contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or
other person or entity, for the purpose of financing the activities of any person currently subject
to any U.S. sanctions administered by OFAC.
dd) Compliance with Environmental Laws. Except as otherwise disclosed in the Registration
Statement, the Time of Sale Information and the Prospectus, (i) none of the Company, the Guarantors
or any of their respective subsidiaries is in violation of any federal, state, local or foreign
law, regulation, order, permit or other requirement relating to pollution or protection of human
health or the environment (including, without limitation, ambient air, surface water, groundwater,
land surface or subsurface strata) or wildlife, including without limitation, laws and regulations
relating to emissions, discharges, releases or threatened releases of chemicals, pollutants,
contaminants, wastes, toxic substances, hazardous substances, petroleum and petroleum products
(collectively, Materials of Environmental Concern), or otherwise relating to the
manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of
Materials of Environment Concern (collectively, Environmental Laws), which violation
includes, but is not limited to, noncompliance with any permits or other governmental
authorizations required for the operation of the business of the Company, the Guarantors and their
respective subsidiaries under applicable Environmental Laws, or noncompliance with the terms and
conditions thereof, nor have the Company, any of the Guarantors or any of their respective
subsidiaries received any written communication that alleges that the Company, any of the
Guarantors or any of their respective subsidiaries is in violation of any Environmental Law, except
in each case as would not, individually or in the aggregate, reasonably be expected to result in
Material Adverse Change; (ii) there is no claim, action or cause of action filed with a court or
governmental authority, no investigation with respect to which the Company or any of the Guarantors
has received written notice, and no written notice by any person or entity to the Company, the
Guarantors or any of their respective subsidiaries alleging potential liability for investigatory
costs, cleanup costs, governmental responses costs, natural resources damages, property damages,
personal injuries, attorneys fees or penalties arising out of, based on or resulting from the
presence, or release into the environment, of any Material of Environmental Concern at any location
owned, leased or operated by the Company, any of the Guarantors or any of their subsidiaries, now
or in the past (collectively, Environmental Claims), pending or, to the best knowledge of
the Company and the Guarantors, threatened against the Company, any of the Guarantors or any of
their subsidiaries, except as would not, individually or in the aggregate, reasonably be expected
to result in a Material Adverse Change; and (iii) to the best knowledge of the Company and the
Guarantors, there are no past, present or anticipated future actions, activities, circumstances,
conditions, events or incidents, including, without limitation, the release, emission, discharge,
presence or disposal of any Material of Environmental Concern, that reasonably would be expected to
result in a violation of any Environmental Law, require expenditures to be incurred pursuant to
Environmental Law, or form the basis of a potential Environmental Claim against the Company, any of
the Guarantors or any of their respective subsidiaries, except as would not, individually or in the
aggregate, reasonably be expect to result in a Material Adverse Change.
ee) Sarbanes-Oxley Compliance. There is and has been no failure on the part of the Company
and any of the Companys directors or officers, in their capacities as such, to comply
11
in any material respect with any applicable provision of the Sarbanes-Oxley Act of 2002 and
the rules and regulations promulgated in connection therewith (the Sarbanes-Oxley Act),
including Section 402 related to loans and Sections 302 and 906 related to certifications.
ff) Companys Accounting System. The Company and its subsidiaries maintain effective internal
control over financial reporting, as such term is defined in Rule 13a-15(f) under the Exchange Act.
gg) Internal Controls and Procedures. The Company maintains a system of internal accounting
controls sufficient to provide reasonable assurance that (A) transactions are executed in
accordance with managements general or specific authorizations; (B) transactions are recorded as
necessary to permit preparation of financial statements in conformity with generally accepted
accounting principles and to maintain asset accountability; (C) access to assets is permitted only
in accordance with managements general or specific authorization; and (D) the recorded
accountability for assets is compared with the existing assets at reasonable intervals and
appropriate action is taken with respect to any differences.
hh) No Material Weakness in Internal Controls. Except as disclosed in the Registration
Statement, the Time of Sale Information and the Prospectus, since the end of the Companys most
recent audited fiscal year, there has been (i) no material weakness in the Companys internal
control over financial reporting (whether or not remediated) and (ii) no change in the Companys
internal control over financial reporting that has materially affected, or is reasonably likely to
materially affect, the Companys internal control over financial reporting.
ii) Disclosure Controls and Procedures. The Company maintains an effective system of
disclosure controls and procedures (as defined in Rule 13a-15(e) of the Exchange Act). The
Company has carried out evaluations of the effectiveness of its disclosure controls and procedures
as required by Rule 13a-15 of the Exchange Act.
Any certificate signed by an officer of the Company and delivered to the Representatives or to
counsel for the Underwriters shall be deemed to be a representation and warranty by the Company to
each Underwriter as to the matters set forth therein.
Section 2. Purchase, Sale and Delivery of the Securities.
a) The Securities. Each of the Company and the Guarantors agrees to issue and sell to the
several Underwriters, severally and not jointly, all of the Securities upon the terms herein set
forth. On the basis of the representations, warranties and agreements herein contained, and upon
the terms but subject to the conditions herein set forth, the Underwriters agree, severally and not
jointly, to purchase from the Company and the Guarantors (i) the aggregate principal amount of 2018
Notes set forth opposite their names on Schedule A at a purchase price of 99.344% of the principal
amount of the 2018 Notes, (ii) the aggregate principal amount of 2023 Notes set forth opposite
their names on Schedule A at a purchase price of 99.061% of the principal amount of the 2023 Notes
and (iii) the aggregate principal amount of 2041 Notes set forth opposite their names on Schedule A
at a purchase price of 98.554% of the principal amount of the 2041 Notes, payable on the Closing
Date. The Company and the Guarantors will not be
12
obligated to deliver any of the Securities except upon payment for all the Securities to be
purchased as provided herein.
b) The Closing Date. Delivery of certificates for the Securities in global form to be
purchased by the Underwriters and payment therefor shall be made at the offices of counsel for the
Representatives (or such other place as may be agreed to by the Company and the Representatives) at
9:00 a.m., New York City time, on May 9, 2011, or such other time and date as the Representatives
and the Company shall mutually agree (the time and date of such closing are called the Closing
Date).
c) Offering of the Securities. The Representatives hereby advise the Company and the
Guarantors that the Underwriters intend to make a public offering, in the manner described in the
Time of Sale Information and the Prospectus, of their respective portions of the Securities as soon
after the execution and delivery of this Agreement as the Representatives, in their sole judgment,
have determined is advisable and practicable.
d) Payment for the Securities. Payment for the Securities shall be made on the Closing Date
by wire transfer of immediately available funds to the order of the Company.
It is understood that the Representatives have been authorized, for their own accounts and for
the accounts of the several Underwriters, to accept delivery of and receipt for, and make payment
of the purchase price for, the Securities that the Underwriters have agreed to purchase. The
Representatives may (but shall not be obligated to) make payment for any Securities to be purchased
by any Underwriter whose funds shall not have been received by the Representatives by the Closing
Date for the account of such Underwriter, but any such payment shall not relieve such Underwriter
from any of its obligations under this Agreement.
e) Delivery of the Securities. The Company shall deliver, or cause to be delivered, to the
Representatives for the accounts of the several Underwriters certificates for the Securities on the
Closing Date, against the irrevocable release of a wire transfer of immediately available funds for
the amount of the purchase price therefor. The certificates for the Securities in global form
shall be in such denominations and registered in such names and denominations as the
Representatives shall have requested at least two full business days prior to the Closing Date and
shall be made available for inspection on the business day preceding the Closing Date at a location
in New York City, as the Representatives may designate. Time shall be of the essence, and delivery
at the time and place specified in this Agreement is a further condition to the obligations of the
Underwriters.
Section 3. Covenants of the Company and the Guarantors.
Each of the Company and the Guarantors covenants and agrees with each Underwriter as follows:
a) Preparation of Final Prospectus; Underwriters Review of Proposed Amendments and
Supplements. The Company will file the final Prospectus with the Commission within the time
periods specified by Rule 424(b) and Rule 430A, 430B or 430C under the Securities Act, will file
any Issuer Free Writing Prospectus (including the Pricing Term Sheet in the form of Exhibit B
hereto) to the extent required by Rule 433 under the Securities Act, and will file
13
promptly all reports and any definitive proxy or information statements required to be filed
by the Company with the Commission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange
Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus is
required in connection with the offering or sale of the Securities; and the Company will furnish
copies of the Prospectus and each Issuer Free Writing Prospectus (to the extent not previously
delivered) to the Underwriters in New York City prior to 10:00 A.M., New York City time, on the
second business day next succeeding the date of this Agreement in such quantities as the
Representatives may reasonably request. The Company will pay the registration fees for this
offering within the time period required by Rule 456(b)(1)(i) under the Securities Act (without
giving effect to the proviso therein) and in any event prior to the Closing Date. Before using,
authorizing, approving, referring to or filing any Issuer Free Writing Prospectus, and before
filing any amendment or supplement to the Registration Statement or the Prospectus prior to the
completion of the offering of the Securities, the Company will furnish to the Representatives and
counsel for the Underwriters a copy of the proposed Issuer Free Writing Prospectus, amendment or
supplement for review and will not use, authorize, approve, refer to or file any such Issuer Free
Writing Prospectus or file any such proposed amendment or supplement to which the Representatives
have reasonably and promptly objected; provided, however, that nothing herein shall prohibit the
Company or any Guarantor from filing any document pursuant to the Exchange Act so long as the
Underwriters have been (x) provided with notice of the Companys or such Guarantors intention to
make such filing as soon as practicable and (y) furnished with a copy of the proposed filing in
advance of the filing thereof with the Commission.
b) Amendments and Supplements to the Prospectus and Other Securities Act Matters. If, prior
to the later of (x) the Closing Date and (y) the end of the Prospectus Delivery Period (as defined
below), any event shall occur or condition exist as a result of which (i) the Time of Sale
Information (prior to the Closing Date) or the Prospectus (prior to the later of the Closing Date
and the end of the Prospectus Delivery Period), in both cases as then amended or supplemented,
would include any untrue statement of a material fact or omit to state any material fact necessary
in order to make the statements therein, in the light of the circumstances, not misleading or (ii)
it is necessary to amend or supplement the Time of Sale Information (prior to the Closing Date) or
the Prospectus (prior to the later of the Closing Date and the end of the Prospectus Delivery
Period) to comply with law, the Company and the Guarantors will promptly notify the Underwriters
thereof and forthwith prepare and, subject to paragraph (a) above, file with the Commission (to the
extent required) and furnish to the Underwriters and to such dealers as the Representatives may
designate, such amendments or supplements to the Time of Sale Information (prior to the Closing
Date) or the Prospectus (prior to the later of the Closing Date and the end of the Prospectus
Delivery Period) as may be necessary so that the statements in the Time of Sale Information (prior
to the Closing Date) or the Prospectus (prior to the later of the Closing Date and the end of the
Prospectus Delivery Period), in both cases as so amended or supplemented will not, in the light of
the circumstances, be misleading or so that the Time of Sale Information (prior to the Closing
Date) or the Prospectus (prior to the later of the Closing Date and the end of the Prospectus
Delivery Period) will comply with law.
The Company and the Guarantors hereby expressly acknowledge that the indemnification and
contribution provisions of Sections 8 and 9 hereof are specifically applicable and relate to each
registration statement, prospectus, amendment or supplement referred to in this Section 3.
14
c) Copies of the Registration Statement, the Time of Sale Information and the Prospectus. The
Company and the Guarantors agree to furnish the Underwriters, without charge, as many copies of the
Registration Statement, the Time of Sale Information and the Prospectus and any amendments and
supplements thereto as they shall have reasonably requested through the later of the Closing Date
and the end of the Prospectus Delivery Period. As used herein, the term Prospectus Delivery
Period means such period of time after the first date of the public offering of the Securities as
in the opinion of counsel for the Underwriters a prospectus relating to the Securities is required
by law to be delivered (or required to be delivered but for Rule 172 under the Securities Act) in
connection with sales of the Securities by any Underwriter or dealer.
d) Notice to the Representatives. Prior to the end of the Prospectus Delivery Period, the
Company will advise the Representatives promptly, and confirm such advice in writing, (i) when any
amendment to the Registration Statement has been filed or becomes effective; (ii) when any
supplement to the Prospectus or any amendment to the Prospectus or any Issuer Free Writing
Prospectus has been filed; (iii) of any request by the Commission for any amendment to the
Registration Statement or any amendment or supplement to the Prospectus or the receipt of any
comments from the Commission relating to the Registration Statement or any other request by the
Commission for any additional information; (iv) of the issuance by the Commission of any order
suspending the effectiveness of the Registration Statement or preventing or suspending the use of
any Preliminary Prospectus or the Prospectus or the initiation or threatening of any proceeding for
that purpose or pursuant to Section 8A of the Securities Act; (v) of the occurrence of any event
within the Prospectus Delivery Period as a result of which the Prospectus, the Time of Sale
Information or any Issuer Free Writing Prospectus as then amended or supplemented would include any
untrue statement of a material fact or omit to state a material fact required to be stated therein
or necessary in order to make the statements therein, in the light of the circumstances existing
when the Prospectus, the Time of Sale Information or any such Issuer Free Writing Prospectus is
delivered to a purchaser, not misleading; (vi) of the receipt by the Company of any notice of
objection of the Commission to the use of the Registration Statement or any post-effective
amendment thereto pursuant to Rule 401(g)(2) under the Securities Act; and (vii) of the receipt by
the Company of any notice with respect to any suspension of the qualification of the Securities for
offer and sale in any jurisdiction or the initiation or threatening of any proceeding for such
purpose; and the Company will use its reasonable best efforts to prevent the issuance of any such
order suspending the effectiveness of the Registration Statement, preventing or suspending the use
of any Preliminary Prospectus or the Prospectus or suspending any such qualification of the
Securities and, if any such order is issued, will obtain as soon as possible the withdrawal
thereof.
e) Blue Sky Compliance. Each of the Company and the Guarantors shall cooperate with the
Representatives and counsel for the Underwriters to qualify or register the Securities for sale
under (or obtain exemptions from the application of) the state securities or blue sky laws of those
jurisdictions designated by the Representatives, shall comply with such laws and shall continue
such qualifications, registrations and exemptions in effect so long as required for the
distribution of the Securities. None of the Company or the Guarantors shall be required to qualify
to transact business or to take any action that would subject it to general service of process in
any such jurisdiction where it is not presently qualified or where it would be subject to taxation
as a foreign business.
15
f) Use of Proceeds. The Company shall apply the net proceeds from the sale of the Securities
sold by it in the manner described under the caption Use of Proceeds in the Time of Sale
Information and the Prospectus.
g) Depositary. The Company and the Guarantors will cooperate with the Underwriters and use
its best efforts to permit the Securities to be eligible for clearance and settlement through the
facilities of the Depositary.
h) Periodic Reporting Obligations. Prior to the end of the Prospectus Delivery Period, the
Company shall file, on a timely basis, with the Commission and the New York Stock Exchange all
reports and documents required to be filed under Section 13 or 15 of the Exchange Act. The Company
will make generally available to its security holders and the Representatives as soon as
practicable an earning statement that satisfies the provisions of Section 11(a) of the Securities
Act and Rule 158 of the Commission promulgated thereunder covering a period of at least twelve
months beginning with the first fiscal quarter of the Company occurring after the effective date
(as defined in Rule 158) of the Registration Statement.
i) Agreement Not to Offer or Sell Additional Securities. During the period commencing on the
date hereof and ending on the Closing Date, the Company, the Guarantors and their respective
subsidiaries will not, without the prior written consent of the Representatives (which consent may
be withheld at the sole discretion of the Representatives), directly or indirectly, sell, offer,
contract or grant any option to sell, pledge, transfer or establish an open put equivalent
position within the meaning of Rule 16a-1(h) under the Exchange Act, or otherwise dispose of or
transfer, or announce the offering of, or file any registration statement under the Securities Act
in respect of, any debt securities of the Company, the Guarantors or any of their respective
subsidiaries similar to the Securities or securities exchangeable for or convertible into debt
securities similar to the Securities (other than as contemplated by this Agreement with respect to
the Securities).
j) No Manipulation of Price. The Company and the Guarantors will not take, directly or
indirectly, any action designed to cause or result in, or that has constituted or might reasonably
be expected to constitute, under the Exchange Act or otherwise, the stabilization or manipulation
of the price of any securities of the Company or the Guarantors to facilitate the sale or resale of
the Securities.
k) Record Retention. The Company will, pursuant to reasonable procedures developed in good
faith, retain copies of each Issuer Free Writing Prospectus that is not filed with the Commission
in accordance with Rule 433 under the Securities Act.
The Representatives, on behalf of the several Underwriters, may, in their sole discretion,
waive in writing the performance by the Company or any of the Guarantors of any one or more of the
foregoing covenants or extend the time for their performance.
Section 4. Payment of Expenses. Each of the Company and the Guarantors agrees to
pay all costs, fees and expenses incurred in connection with the performance of its obligations
hereunder and in connection with the transactions contemplated hereby, including without limitation
(i) all expenses incident to the issuance and delivery of the Securities (including all
16
printing and engraving costs), (ii) all necessary issue, transfer and other stamp taxes in
connection with the issuance and sale of the Securities, (iii) all fees and expenses of the
Companys and Guarantors counsel, independent public or certified public accountants and other
advisors, (iv) all costs and expenses incurred in connection with the preparation, printing,
filing, shipping and distribution of the Registration Statement, the Preliminary Prospectus, any
Issuer Free Writing Prospectus, any Time of Sale Information and the Prospectus, and all amendments
and supplements thereto, and this Agreement, the Indenture, the DTC Agreement and the Securities,
(v) all filing fees, attorneys fees and expenses incurred by the Company, the Guarantors or the
Underwriters in connection with qualifying or registering (or obtaining exemptions from the
qualification or registration of) all or any part of the Securities for offer and sale under the
state securities or blue sky laws and preparing a Blue Sky Survey or memorandum, and any
supplements thereto, (vi) the fees and expenses of the Trustee, including the fees and
disbursements of counsel for the Trustee in connection with the Indenture and the Securities, (vii)
any fees payable in connection with the rating of the Securities with the ratings agencies, (viii)
all fees and expenses (including reasonable fees and expenses of counsel) of the Company and the
Guarantors in connection with approval of the Securities by the Depositary for book-entry
transfer and (ix) all other fees, costs and expenses incurred in connection with the performance of
its obligations hereunder for which provision is not otherwise made in this Section. Except as
provided in this Section 4 and Sections 6, 8 and 9 hereof, the Underwriters shall pay their own
expenses, including the fees and disbursements of their counsel.
Section 5. Conditions of the Obligations of the Underwriters. The obligations of
the several Underwriters to purchase and pay for the Securities as provided herein on the Closing
Date shall be subject to the accuracy of the representations and warranties on the part of the
Company and the Guarantors set forth in Section 1 hereof as of each Representation Date as though
then made and to the timely performance by the Company and the Guarantors of its covenants and
other obligations hereunder, and to each of the following additional conditions:
a) Registration Compliance; No Stop Order. No order suspending the effectiveness of the
Registration Statement shall be in effect, and no proceeding for such purpose, pursuant to Rule
401(g)(2) or pursuant to Section 8A under the Securities Act, shall be pending before or threatened
by the Commission; the Prospectus and each Issuer Free Writing Prospectus shall have been timely
filed with the Commission under the Securities Act (in the case of an Issuer Free Writing
Prospectus, to the extent required by Rule 433 under the Securities Act) and in accordance with
Section 3(a) hereof; and all requests by the Commission for additional information shall have been
complied with to the reasonable satisfaction of the Representatives.
b) Accountants Comfort Letter. On the date hereof, the Representatives shall have received
from the Companys independent registered public accountants a letter dated the date hereof
addressed to the Underwriters, in form and substance satisfactory to the Representatives with
respect to the audited and unaudited financial statements and certain financial information
contained or incorporated by reference in the Registration Statement, the Time of Sale Information
and the Prospectus.
c) Bring-down Comfort Letter. On the Closing Date, the Representatives shall have received
from the Companys independent registered public accountants a letter dated such date, in form and
substance satisfactory to the Representatives, to the effect that they reaffirm the
17
statements made in the letter furnished by them pursuant to subsection (b) of this Section 5,
except that the specified date referred to therein for the carrying out of procedures shall be no
more than three business days prior to the Closing Date.
d) No Material Adverse Change or Ratings Agency Change. For the period from and after the
date of this Agreement and prior to the Closing Date:
(i) in the judgment of the Representatives there shall not have occurred any Material
Adverse Change;
(ii) there shall not have been any change or decrease specified in the letter of the
Companys independent registered public accountants referred to in paragraph (c) of this
Section 5 which is, in the judgment of the Representatives, so material and adverse as to
make it impractical or inadvisable to proceed with the offering or delivery of the
Securities as contemplated by this Agreement, the Time of Sale Information and the
Prospectus; and
(iii) there shall not have occurred any downgrading, nor shall any notice have been
given of any intended or potential downgrading or of any review for a possible change that
does not indicate the direction of the possible change, in the rating accorded any
securities of the Company or any of its subsidiaries by any nationally recognized
statistical rating organization as such term is defined for purposes of Section 3(a)(62) of
the Exchange Act.
e) Opinions of Counsel for the Company and the Guarantors. On the Closing Date, the
Representatives shall have received the favorable opinions and negative assurance letter of Mayer
Brown LLP, counsel for the Company and the Guarantors, dated as of such Closing Date, the forms of
which are attached as Exhibits A-1 to A-3 and the favorable opinion of Michael P. Rissman,
Executive Vice President and General Counsel of the Company, dated as of such Closing Date, the
form of which is attached as Exhibit A-4.
f) Opinion of Counsel for the Underwriters. On the Closing Date, the Representatives shall
have received the favorable opinion of Fried, Frank, Harris, Shriver & Jacobson LLP, counsel for
the Underwriters, dated as of such Closing Date, with respect to such matters as may be reasonably
requested by the Underwriters.
g) Officers Certificate. On the Closing Date, the Representatives shall have received (i) a
written certificate executed by the Chairman of the Board, the Chief Executive Officer or the
President of the Company and the Chief Financial Officer or Chief Accounting Officer of the
Company, and (ii) a written certificate executed by an officer of each Guarantor, dated as of such
Closing Date, to the effect that:
(i) the representations and warranties of the Company and the Guarantors set forth in
Section 1 of this Agreement are true and correct with the same force and effect as though
expressly made on and as of such Closing Date; and
18
(ii) each of the Company and the Guarantors has complied with all the agreements
hereunder and satisfied all the conditions on its part to be performed or satisfied
hereunder at or prior to such Closing Date.
h) The Supplemental Indentures. The Company and the Guarantors shall
have entered into the Supplemental Indentures and the Underwriters shall have received
executed counterparts thereof.
i) No Objection. Either no filing with the Financial Industry Regulatory Authority, Inc.
(FINRA) shall be required, or FINRA shall have confirmed that it has not raised any objection
with respect to the fairness and reasonableness of the underwriting terms and arrangements.
j) Additional Documents. On or before the Closing Date, the Representatives and counsel for
the Underwriters shall have received such information, documents and opinions as they may
reasonably require for the purposes of enabling them to pass upon the issuance and sale of the
Securities as contemplated herein, or in order to evidence the accuracy of any of the
representations and warranties, or the satisfaction of any of the conditions or agreements, herein
contained.
If any condition specified in this Section 5 is not satisfied when and as required to be
satisfied, this Agreement may be terminated by the Representatives by notice to the Company at any
time on or prior to the Closing Date, which termination shall be without liability on the part of
any party to any other party, except that Sections 4, 6, 8, 9 and 17 shall at all times be
effective and shall survive such termination.
Section 6. Reimbursement of Underwriters Expenses. If this Agreement is terminated
by the Representatives pursuant to Section 5, 11(i) (solely as it applies to a suspension or
limitation in trading or quotation in any of the Companys securities) or 11(iv), or if the sale to
the Underwriters of the Securities on the Closing Date is not consummated because of any refusal,
inability or failure on the part of the Company or any Guarantor to perform any agreement herein or
to comply with any provision hereof, the Company and the Guarantors agree to reimburse the
Representatives and the other Underwriters (or such Underwriters as have terminated this Agreement
with respect to themselves), severally, upon demand for all reasonable out-of-pocket expenses that
shall have been incurred by the Representatives and the Underwriters in connection with the
proposed purchase and the offering and sale of the Securities, including but not limited to
reasonable fees and disbursements of counsel, printing expenses, travel expenses, postage,
facsimile and telephone charges.
Section 7. Certain Agreements of the Underwriters. Each Underwriter hereby
represents and agrees that:
(A) It has not and will not use, authorize use of, refer to, or participate in the planning
for use of, any free writing prospectus, as defined in Rule 405 under the Securities Act
(which term includes use of any written information furnished to the Commission by the Company
and not incorporated by reference into the Registration Statement and any press release issued
by the Company) other than (i) a free writing prospectus that, solely as a result
19
of use by such underwriter, would not trigger an obligation to file such free writing
prospectus with the Commission pursuant to Rule 433, (ii) any free writing prospectus listed on
Exhibit C (including any electronic road show or other written communications, in each case
approved in writing in advance by the Representatives), or (iii) any free writing prospectus
prepared by such underwriter and approved by the Company in writing in advance. Notwithstanding
the foregoing, the Underwriters may use a term sheet substantially in the form of Exhibit B
hereto without the consent of the Company.
(B) It is not subject to any pending proceeding under Section 8A of the Securities Act with
respect to the offering (and will promptly notify the Company if any such proceeding against it
is initiated during the Prospectus Delivery Period).
(C) Each Underwriter agrees to abide by the offering restrictions described in the
Prospectus under the section entitled Underwriting.
Section 8. Indemnification.
(a) Indemnification of the Underwriters. Each of the Company and the Guarantors, jointly and
severally, agree to indemnify and hold harmless each Underwriter, its directors, officers,
employees and agents, and each person, if any, who controls any Underwriter within the meaning of
the Securities Act and the Exchange Act, against any loss, claim, damage, liability or expense, as
incurred, to which such Underwriter or such director, officer, employee, agent or controlling
person may become subject, under the Securities Act, the Exchange Act or other federal or state
statutory law or regulation, or at common law or otherwise (including in settlement of any
litigation, if such settlement is effected with the written consent of the Company), insofar as
such loss, claim, damage, liability or expense (or actions in respect thereof as contemplated
below) arises out of or is based upon (i) any untrue statement or alleged untrue statement of a
material fact contained in the Registration Statement or any amendment thereto or any omission or
alleged omission to state therein a material fact required to be stated therein or necessary in
order to make the statements therein not misleading, or (ii) any untrue statement or alleged untrue
statement of a material fact contained in the Prospectus (or any amendment or supplement thereto),
any Issuer Free Writing Prospectus or any Time of Sale Information or any omission or alleged
omission to state therein a material fact necessary in order to make the statements therein, in the
light of the circumstances under which they were made, not misleading; and to reimburse each
Underwriter and each such director, officer, employee, agent and controlling person for any and all
expenses (including the reasonable fees and disbursements of counsel chosen by Merrill Lynch) as
such expenses are reasonably incurred by such Underwriters or such director, officer, employee,
agent or controlling person in connection with investigating, defending, settling, compromising or
paying any such loss, claim, damage, liability, expense or action; provided, however, that the
foregoing indemnity agreement shall not apply to any loss, claim, damage, liability or expense to
the extent, but only to the extent, arising out of or based upon any untrue statement or omission
or alleged untrue statement or omission made in reliance upon and in conformity with written
information furnished to the Company by or on behalf of any Underwriter through the Representatives
expressly for use in the Registration Statement (or any amendment thereto), the Prospectus (or any
amendment or supplement thereto), any Issuer Free Writing Prospectus or any Time of Sale
Information. The indemnity
20
agreement set forth in this Section 8(a) shall be in addition to any liabilities that the
Company may otherwise have.
(b) Indemnification of the Company. Each Underwriter agrees, severally and not jointly, to
indemnify and hold harmless the Company, each Guarantor, each of their respective directors,
officers and employees and each person, if any, who controls the Company or any Guarantor within
the meaning of the Securities Act or the Exchange Act to the same extent as the indemnity set forth
in paragraph (a) above, but only with respect to any losses, claims, damages or liabilities that
arise out of, or are based upon, any untrue statement or omission or alleged untrue statement or
omission made in reliance upon and in conformity with any information relating to such Underwriter
furnished to the Company in writing by such Underwriter through the Representatives expressly for
use in the Registration Statement (or any amendment thereto), the Prospectus (or any amendment or
supplement thereto), any Issuer Free Writing Prospectus or any Time of Sale Information; and to
reimburse the Company, any Guarantor and each such director, officer, employee or controlling
person for any and all expenses (including the reasonable fees and disbursements of their counsel)
as such expenses are reasonably incurred by the Company, any Guarantor or such director, officer,
employee or controlling person in connection with investigating, defending, settling, compromising
or paying any such loss, claim, damage, liability, expense or action. Each of the Company and the
Guarantors hereby acknowledges that the only information furnished to the Company by any
Underwriter through the Representatives expressly for use in the Registration Statement (or any
amendment thereto), the Prospectus (or any amendment or supplement thereto), any Issuer Free
Writing Prospectus or any Time of Sale Information are the following statements set forth in the
Preliminary Prospectus and the Prospectus: (i) the first sentence of the third paragraph under the
heading Underwriting, (ii) the second sentence of the fifth paragraph under the heading
Underwriting, (iii) the sixth paragraph under the heading Underwriting and (iv) the seventh
paragraph under the heading Underwriting. The indemnity agreement set forth in this Section 8(b)
shall be in addition to any liabilities that each Underwriter may otherwise have.
(c) Notifications and Other Indemnification Procedures. Promptly after receipt by an
indemnified party under this Section 8 of notice of the commencement of any action, such
indemnified party will, if a claim in respect thereof is to be made against an indemnifying party
under this Section 8, notify the indemnifying party in writing of the commencement thereof, but the
omission so to notify the indemnifying party will not relieve it from any liability which it may
have to any indemnified party for contribution or otherwise than under the indemnity agreement
contained in this Section 8 or to the extent it is not prejudiced as a proximate result of such
failure. In case any such action is brought against any indemnified party and such indemnified
party seeks or intends to seek indemnity from an indemnifying party, the indemnifying party will be
entitled to participate in, and, to the extent that it shall elect, jointly with all other
indemnifying parties similarly notified, by written notice delivered to the indemnified party, to
assume the defense thereof with counsel reasonably satisfactory to such indemnified party;
provided, however, such indemnified party shall have the right to employ its own counsel in any
such action and to participate in the defense thereof, but the fees and expenses of such counsel
shall be at the expense of such indemnified party, unless: (i) the employment of such counsel has
been specifically authorized in writing by the indemnifying party; (ii) the indemnifying party has
failed promptly to assume the defense and employ counsel reasonably satisfactory to the indemnified
party; or (iii) the named parties to any such action
21
(including any impleaded parties) include both such indemnified party and the indemnifying
party or any affiliate of the indemnifying party, and such indemnified party shall have reasonably
concluded, based on advice from counsel, that either (x) there may be one or more legal defenses
available to it which are different from or additional to those available to the indemnifying party
or such affiliate of the indemnifying party or (y) a conflict may exist between such indemnified
party and the indemnifying party or such affiliate of the indemnifying party (it being understood,
however, that the indemnifying party shall not, in connection with any one such action or separate
but substantially similar or related actions, be liable for the fees and expenses of more than one
separate firm of attorneys (in addition to a single firm of local counsel) for all such indemnified
parties, which firm shall be designated in writing by Merrill Lynch in the case of the indemnified
parties referred to in Section 8(a) and by the Company in the case of the indemnified parties
referred to in Section 8(b) and that all such reasonable fees and expenses shall be reimbursed as
they are incurred). Upon receipt of notice from the indemnifying party to such indemnified party
of such indemnifying partys election so to assume the defense of such action and approval by the
indemnified party of counsel, the indemnifying party will not be liable to such indemnified party
under this Section 8 for any legal or other expenses subsequently incurred by such indemnified
party in connection with the defense thereof unless the indemnified party shall have employed
separate counsel in accordance with the proviso to the next preceding sentence, in which case the
reasonable fees and expenses of counsel shall be at the expense of the indemnifying party.
(d) Settlements. The indemnifying party under this Section 8 shall not be liable for any
settlement of any proceeding effected without its written consent, but if settled with such consent
or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the
indemnified party against any loss, claim, damage, liability or expense by reason of such
settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified
party shall have requested an indemnifying party to reimburse the indemnified party for fees and
expenses of counsel as contemplated by Section 8(c) hereof, the indemnifying party agrees that it
shall be liable for any settlement of any proceeding effected without its written consent if (i)
such settlement is entered into more than 30 days after receipt by such indemnifying party of the
aforesaid request and (ii) such indemnifying party shall not have reimbursed the indemnified party
in accordance with such request or disputed in good faith the indemnified partys entitlement to
such reimbursement prior to the date of such settlement. No indemnifying party shall, without the
prior written consent of the indemnified party, effect any settlement, compromise or consent to the
entry of judgment in any pending or threatened action, suit or proceeding in respect of which any
indemnified party is or could have been a party and indemnity was or could have been sought
hereunder by such indemnified party, unless such settlement, compromise or consent (i) includes an
unconditional release of such indemnified party from all liability on claims that are the subject
matter of such action, suit or proceeding and (ii) does not include a statement as to or an
admission of fault, culpability or a failure to act, by or on behalf of any indemnified party.
Section 9. Contribution. If the indemnification provided for in Section 8 is for
any reason held to be unavailable to or otherwise insufficient to hold harmless an indemnified
party in respect of any losses, claims, damages, liabilities or expenses referred to therein, then
each indemnifying party shall contribute to the aggregate amount paid or payable by such
indemnified party, as incurred, as a result of any losses, claims, damages, liabilities or expenses
referred to
22
therein (i) in such proportion as is appropriate to reflect the relative benefits received by
the Company and the Guarantors, on the one hand, and the Underwriters, on the other hand, from the
offering of the Securities pursuant to this Agreement or (ii) if the allocation provided by clause
(i) above is not permitted by applicable law, in such proportion as is appropriate to reflect not
only the relative benefits referred to in clause (i) above but also the relative fault of the
Company and the Guarantors, on the one hand, and the Underwriters, on the other hand, in connection
with the statements or omissions which resulted in such losses, claims, damages, liabilities or
expenses, as well as any other relevant equitable considerations. The relative benefits received
by the Company and the Guarantors, on the one hand, and the Underwriters, on the other hand, in
connection with the offering of the Securities pursuant to this Agreement shall be deemed to be in
the same respective proportions as the total net proceeds from the offering of the Securities
pursuant to this Agreement (before deducting expenses) received by the Company and the Guarantors,
and the total discount received by the Underwriters, in each case as set forth in the table on the
cover of the Prospectus, bear to the aggregate initial offering price of the Securities. The
relative fault of the Company and the Guarantors, on the one hand, and the Underwriters, on the
other hand, shall be determined by reference to, among other things, whether any such untrue or
alleged untrue statement of a material fact or omission or alleged omission to state a material
fact relates to information supplied by the Company and the Guarantors, on the one hand, or the
Underwriters, on the other hand, and the parties relative intent, knowledge, access to information
and opportunity to correct or prevent such statement or omission.
The amount paid or payable by a party as a result of the losses, claims, damages, liabilities
and expenses referred to above shall be deemed to include, subject to the limitations set forth in
Section 8(c), any reasonable legal or other fees or expenses reasonably incurred by such party in
connection with investigating or defending any action or claim. The provisions set forth in
Section 8 hereof with respect to notice of commencement of any action shall apply if a claim for
contribution is to be made under this Section 9; provided, however, that no additional notice shall
be required with respect to any action for which notice has been given under Section 8 hereof for
purposes of indemnification.
The Company, the Guarantors and the Underwriters agree that it would not be just and equitable
if contribution pursuant to this Section 9 were determined by pro rata allocation (even if the
Underwriters were treated as one entity for such purpose) or by any other method of allocation
which does not take account of the equitable considerations referred to in this Section 9.
Notwithstanding the provisions of this Section 9, no Underwriter shall be required to
contribute any amount in excess of the amount by which the total underwriting discount received by
such Underwriter in connection with the Securities underwritten by it exceeds the amount of any
damages that such Underwriter has otherwise been required to pay by reason of such untrue or
alleged untrue statement or omission or alleged omission. No person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any person who was not guilty of such fraudulent misrepresentation. The
Underwriters obligations to contribute pursuant to this Section 9 are several in proportion to
their respective underwriting commitments as set forth opposite their names in Schedule A, and not
joint. For purposes of this Section 9, each director, officer, employee and agent of an
Underwriter and each person, if any, who controls an Underwriter within the meaning of the
23
Securities Act and the Exchange Act shall have the same rights to contribution as such
Underwriter, and each director, officer and employee of the Company or any Guarantor and each
person, if any, who controls the Company or any Guarantor within the meaning of the Securities Act
and the Exchange Act shall have the same rights to contribution as the Company and the Guarantors.
Section 10. Default of One or More of the Several Underwriters. If, on the Closing
Date, any one or more of the several Underwriters shall fail or refuse to purchase Securities that
it or they have agreed to purchase hereunder on such date, and the aggregate principal amount of
Securities which such defaulting Underwriter or Underwriters agreed but failed or refused to
purchase does not exceed 10% of the aggregate principal amount of the Securities to be purchased on
such date, the other Underwriters shall be obligated, severally, in the proportion that the
aggregate principal amounts of such Securities set forth opposite their respective names on
Schedule A bears to the aggregate principal amount of such Securities set forth opposite the names
of all such non-defaulting Underwriters, or in such other proportions as may be specified by the
Representatives with the consent of the non-defaulting Underwriters, to purchase such Securities
which such defaulting Underwriter or Underwriters agreed but failed or refused to purchase on such
date. If, on the Closing Date, any one or more of the Underwriters shall fail or refuse to purchase
such Securities and the aggregate principal amount of such Securities with respect to which such
default occurs exceeds 10% of the aggregate principal amount of Securities to be purchased on such
date, and arrangements satisfactory to the Representatives and the Company for the purchase of such
Securities are not made within 48 hours after such default, this Agreement shall terminate without
liability of any party to any other party except that the provisions of Sections 4, 6, 8, 9 and 17
shall at all times be effective and shall survive such termination. In any such case, either the
Representatives or the Company shall have the right to postpone the Closing Date, but in no event
for longer than seven days in order that the required changes, if any, to the Registration
Statement or the Prospectus or any other documents or arrangements may be effected.
As used in this Agreement, the term Underwriter shall be deemed to include any person
substituted for a defaulting Underwriter under this Section 10. Any action taken under this
Section 10 shall not relieve any defaulting Underwriter from liability in respect of any default of
such Underwriter under this Agreement.
Section 11. Termination of this Agreement. Prior to the Closing Date, this
Agreement may be terminated by the Representatives by notice given to the Company if at any time
(i) trading or quotation in any of the Companys securities shall have been suspended or limited by
the Commission or the New York Stock Exchange, or trading in securities generally on either the
Nasdaq Stock Market or the New York Stock Exchange shall have been suspended or limited, or minimum
or maximum prices shall have been generally established on any of such stock exchanges by the
Commission or FINRA; (ii) a general banking moratorium shall have been declared by any of the
federal or New York authorities; (iii) there shall have occurred any outbreak or escalation of
national or international hostilities or any crisis or calamity involving the United States, or any
change in the United States or international financial markets, or any substantial change or
development involving a prospective substantial change in United States or international
political, financial or economic conditions, as in the judgment of the Representatives is material
and adverse and makes it impracticable or inadvisable to market the
24
Securities in the manner and on the terms described in the Time of Sale Information or the
Prospectus or to enforce contracts for the sale of securities; (iv) in the judgment of the
Representatives there shall have occurred any Material Adverse Change; or (v) there shall have
occurred a material disruption in commercial banking or securities settlement or clearance
services. Any termination pursuant to this Section 11 shall be without liability of any party to
any other party except as provided in Sections 4 and 6 hereof, and provided further that Sections
4, 6, 8, 9 and 17 shall survive such termination and remain in full force and effect.
Section 12. No Fiduciary Duty. Each of the Company and the Guarantors acknowledges
and agrees that: (i) the purchase and sale of the Securities pursuant to this Agreement, including
the determination of the public offering price of the Securities and any related discounts and
commissions, is an arms-length commercial transaction between the Company and the Guarantors, on
the one hand, and the several Underwriters, on the other hand, and each of the Company and the
Guarantors is capable of evaluating and understanding and understands and accepts the terms, risks
and conditions of the transactions contemplated by this Agreement; (ii) in connection with each
transaction contemplated hereby and the process leading to such transaction each Underwriter is and
has been acting solely as a principal and is not the financial advisor, agent or fiduciary of the
Company, the Guarantors or their respective affiliates, stockholders, creditors or employees or any
other party; (iii) no Underwriter has assumed or will assume an advisory, agency or fiduciary
responsibility in favor of the Company or the Guarantors with respect to any of the transactions
contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has
advised or is currently advising the Company or any of the Guarantors on other matters) and no
Underwriter has any obligation to the Company or the Guarantors with respect to the offering
contemplated hereby except the obligations expressly set forth in this Agreement; (iv) the several
Underwriters and their respective affiliates may be engaged in a broad range of transactions that
involve interests that differ from those of the Company and the Guarantors and that the several
Underwriters have no obligation to disclose any of such interests by virtue of any advisory, agency
or fiduciary relationship; and (v) the Underwriters have not provided any legal, accounting,
regulatory or tax advice with respect to the offering contemplated hereby and the Company and the
Guarantors have consulted their own legal, accounting, regulatory and tax advisors to the extent
they deemed appropriate.
This Agreement supersedes all prior agreements and understandings (whether written or oral)
between the Company, the Guarantors and the several Underwriters with respect to the subject matter
hereof. Each of the Company and the Guarantors hereby waives and releases, to the fullest extent
permitted by law, any claims that the Company or the Guarantors may have against the several
Underwriters with respect to any breach or alleged breach of agency or fiduciary duty.
Section 13. Representations and Indemnities to Survive Delivery. The respective
indemnities, agreements, representations, warranties and other statements of the Company, the
Guarantors, their respective officers and of the several Underwriters set forth in or made pursuant
to this Agreement (i) will remain operative and in full force and effect, regardless of any (A)
investigation, or statement as to the results thereof, made by or on behalf of any Underwriter, the
officers or employees of any Underwriters, or any person controlling the Underwriter, the Company,
the officers or employees of the Company, or any person controlling
25
the Company or any Guarantor, as the case may be or (B) acceptance of the Securities and
payment for them hereunder and (ii) will survive delivery of and payment for the Securities sold
hereunder and any termination of this Agreement.
Section 14. Notices. All communications hereunder shall be in writing and shall be
mailed, hand delivered or telecopied and confirmed to the parties hereto as follows:
If to the Representatives:
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
One Bryant Park
NY1-100-18-03
New York, New York 10036
Facsimile: (646) 855-5958
Attention: High Grade Transaction Management/Legal
Barclays Capital Inc.
745 Seventh Avenue
New York, New York 10019
Facsimile: (866) 834-8133
Attention: Syndicate Registration
J.P. Morgan Securities LLC
383 Madison Avenue
New York, New York 10179
Facsimile: (212) 270-1063
Attention: High Grade Syndicate Desk
RBS Securities Inc.
600 Washington Blvd
Stamford, CT 06901
Facsimile: (203) 873-4534
Attention: Debt Capital Markets Syndicate
with a copy to:
Fried, Frank, Harris, Shriver & Jacobson LLP
One New York Plaza
New York, New York 10004-1980
Facsimile: (212) 859-4000
Attention: Valerie Ford Jacob
If to the Company:
Republic Services, Inc.
18500 North Allied Way
Phoenix, Arizona 85054
26
Fax No.: (480) 627-7150
Attention: Michael P. Rissman, Executive Vice President and General Counsel
With a copy to:
Mayer Brown LLP
71 South Wacker Drive
Chicago, Illinois 60606
Fax No.: (312) 701-7711
Attention: Jodi Simala
Any party hereto may change the address for receipt of communications by giving written notice
to the others.
Section 15. Successors. This Agreement will inure to the benefit of and be binding
upon the parties hereto, including any substitute Underwriters pursuant to Section 10 hereof, and
to the benefit of the directors, officers, employees, agents and controlling persons referred to in
Sections 8 and 9, and in each case their respective successors, and no other person will have any
right or obligation hereunder. The term successors shall not include any purchaser of the
Securities as such from any of the Underwriters merely by reason of such purchase.
Section 16. Partial Unenforceability. The invalidity or unenforceability of any
Section, paragraph or provision of this Agreement shall not affect the validity or enforceability
of any other Section, paragraph or provision hereof. If any Section, paragraph or provision of
this Agreement is for any reason determined to be invalid or unenforceable, there shall be deemed
to be made such minor changes (and only such minor changes) as are necessary to make it valid and
enforceable.
Section 17. Governing Law Provisions. THIS AGREEMENT SHALL BE GOVERNED BY, AND
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK APPLICABLE
TO AGREEMENTS MADE AND TO BE PERFORMED IN THAT STATE.
Section 18. General Provisions. This Agreement may be executed in two or more
counterparts, each one of which shall be an original, with the same effect as if the signatures
thereto and hereto were upon the same instrument. This Agreement may not be amended or modified
unless in writing by all of the parties hereto, and no condition herein (express or implied) may be
waived unless waived in writing by each party whom the condition is meant to benefit. The Section
headings herein are for the convenience of the parties only and shall not affect the construction
or interpretation of this Agreement.
27
If the foregoing is in accordance with your understanding of our agreement, kindly sign
and return to the Company the enclosed copies hereof, whereupon this instrument, along with all
counterparts hereof, shall become a binding agreement in accordance with its terms.
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Very truly yours,
REPUBLIC SERVICES, INC.
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Land, III |
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Title: |
Senior Vice President, Treasurer |
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GUARANTORS:
623 LANDFILL, INC.
A D A J CORPORATION
ACTION DISPOSAL, INC.
ADA COUNTY DEVELOPMENT COMPANY, INC.
ADRIAN LANDFILL, INC.
ADS OF ILLINOIS, INC.
ADS, INC.
AGRICULTURAL ACQUISITIONS, LLC
AGRI-TECH, INC. OF OREGON
ALABAMA RECYCLING SERVICES, INC.
ALBANY LEBANON SANITATION, INC.
ALLIED ACQUISITION PENNSYLVANIA, INC.
ALLIED ACQUISITION TWO, INC.
ALLIED ENVIROENGINEERING, INC.
ALLIED GAS RECOVERY SYSTEMS, L.L.C.
ALLIED GREEN POWER, INC.
ALLIED NOVA SCOTIA, INC.
ALLIED SERVICES, LLC
ALLIED TRANSFER SYSTEMS OF NEW JERSEY, LLC
ALLIED WASTE ALABAMA, INC.
ALLIED WASTE COMPANY, INC.
ALLIED WASTE ENVIRONMENTAL MANAGEMENT GROUP, LLC
ALLIED WASTE HAULING OF GEORGIA, INC.
ALLIED WASTE HOLDINGS (CANADA) LTD.
ALLIED WASTE INDUSTRIES (ARIZONA), INC.
ALLIED WASTE INDUSTRIES (NEW MEXICO), INC.
ALLIED WASTE INDUSTRIES (SOUTHWEST), INC.
ALLIED WASTE INDUSTRIES OF GEORGIA, INC.
ALLIED WASTE INDUSTRIES OF ILLINOIS, INC.
ALLIED WASTE INDUSTRIES OF NORTHWEST INDIANA, INC.
ALLIED WASTE INDUSTRIES OF TENNESSEE, INC.
ALLIED WASTE INDUSTRIES, INC.
ALLIED WASTE LANDFILL HOLDINGS, INC.
ALLIED WASTE NIAGARA FALLS LANDFILL, LLC
28
ALLIED WASTE NORTH AMERICA, INC.
ALLIED WASTE OF CALIFORNIA, INC.
ALLIED WASTE OF LONG ISLAND, INC.
ALLIED WASTE OF NEW JERSEY, INC.
ALLIED WASTE OF NEW JERSEY-NEW YORK, LLC
ALLIED WASTE RECYCLING SERVICES OF NEW HAMPSHIRE, LLC
ALLIED WASTE RURAL SANITATION, INC.
ALLIED WASTE SERVICES OF COLORADO, INC.
ALLIED WASTE SERVICES OF MASSACHUSETTS, LLC
ALLIED WASTE SERVICES OF NORTH AMERICA, LLC
ALLIED WASTE SERVICES OF PAGE, INC.
ALLIED WASTE SERVICES OF STILLWATER, INC.
ALLIED WASTE SYCAMORE LANDFILL, LLC
ALLIED WASTE SYSTEMS HOLDINGS, INC.
ALLIED WASTE SYSTEMS OF ARIZONA, LLC
ALLIED WASTE SYSTEMS OF COLORADO, LLC
ALLIED WASTE SYSTEMS OF INDIANA, LLC
ALLIED WASTE SYSTEMS OF MICHIGAN, LLC
ALLIED WASTE SYSTEMS OF MONTANA, LLC
ALLIED WASTE SYSTEMS OF NEW JERSEY, LLC
ALLIED WASTE SYSTEMS OF NORTH CAROLINA, LLC
ALLIED WASTE SYSTEMS OF PENNSYLVANIA, LLC
ALLIED WASTE SYSTEMS, INC.
ALLIED WASTE TRANSFER SERVICES OF ARIZONA, LLC
ALLIED WASTE TRANSFER SERVICES OF CALIFORNIA, LLC
ALLIED WASTE TRANSFER SERVICES OF FLORIDA, LLC
ALLIED WASTE TRANSFER SERVICES OF IOWA, LLC
ALLIED WASTE TRANSFER SERVICES OF LIMA, LLC
ALLIED WASTE TRANSFER SERVICES OF NEW YORK, LLC
ALLIED WASTE TRANSFER SERVICES OF NORTH CAROLINA, LLC
ALLIED WASTE TRANSFER SERVICES OF OREGON, LLC
ALLIED WASTE TRANSFER SERVICES OF RHODE ISLAND, LLC
ALLIED WASTE TRANSFER SERVICES OF UTAH, INC.
ALLIED WASTE TRANSPORTATION, INC.
AMERICAN DISPOSAL SERVICES OF ILLINOIS, INC.
AMERICAN DISPOSAL SERVICES OF KANSAS, INC.
AMERICAN DISPOSAL SERVICES OF MISSOURI, INC.
29
AMERICAN DISPOSAL SERVICES OF NEW JERSEY, INC.
AMERICAN DISPOSAL SERVICES OF WEST VIRGINIA, INC.
AMERICAN DISPOSAL SERVICES, INC.
AMERICAN DISPOSAL TRANSFER SERVICES OF ILLINOIS, INC.
AMERICAN MATERIALS RECYCLING CORP.
AMERICAN SANITATION, INC.
AMERICAN TRANSFER COMPANY, INC.
ANSON COUNTY LANDFILL NC, LLC
APACHE JUNCTION LANDFILL CORPORATION
ARC DISPOSAL COMPANY, INC.
AREA DISPOSAL, INC.
ARIANA, LLC
ATLANTIC WASTE HOLDING COMPANY, INC.
ATLAS TRANSPORT, INC.
ATTWOODS OF NORTH AMERICA, INC.
AUTAUGA COUNTY LANDFILL, LLC
AUTOMATED MODULAR SYSTEMS, INC.
AUTOSHRED, INC.
AWIN LEASING COMPANY, INC.
AWIN LEASING II, LLC
AWIN MANAGEMENT, INC.
BARKER BROTHERS WASTE, INCORPORATED
BAY COLLECTION SERVICES, INC.
BAY ENVIRONMENTAL MANAGEMENT, INC.
BAY LANDFILLS, INC.
BAY LEASING COMPANY, INC.
BBCO, INC.
BELLEVILLE LANDFILL, INC.
BERKELEY SANITARY SERVICE, INC.
BFGSI, L.L.C.
BFI ATLANTIC, INC.
BFI ENERGY SYSTEMS OF ALBANY, INC.
BFI ENERGY SYSTEMS OF DELAWARE COUNTY, INC.
BFI ENERGY SYSTEMS OF ESSEX COUNTY, INC.
BFI ENERGY SYSTEMS OF HEMPSTEAD, INC.
BFI ENERGY SYSTEMS OF NIAGARA II, INC.
BFI ENERGY SYSTEMS OF NIAGARA, INC.
BFI ENERGY SYSTEMS OF SEMASS, INC.
BFI ENERGY SYSTEMS OF SOUTHEASTERN CONNECTICUT, INC.
BFI REF-FUEL, INC.
BFI TRANS RIVER (GP), INC.
BFI TRANSFER SYSTEMS OF ALABAMA, LLC
BFI TRANSFER SYSTEMS OF DC, LLC
BFI TRANSFER SYSTEMS OF GEORGIA, LLC
BFI TRANSFER SYSTEMS OF MARYLAND, LLC
BFI TRANSFER SYSTEMS OF MASSACHUSETTS, LLC
30
BFI TRANSFER SYSTEMS OF MISSISSIPPI, LLC
BFI TRANSFER SYSTEMS OF NEW JERSEY, INC.
BFI TRANSFER SYSTEMS OF PENNSYLVANIA, LLC
BFI TRANSFER SYSTEMS OF VIRGINIA, LLC
BFI WASTE SERVICES OF PENNSYLVANIA, LLC
BFI WASTE SERVICES OF TENNESSEE, LLC
BFI WASTE SERVICES, LLC
BFI WASTE SYSTEMS OF ALABAMA, LLC
BFI WASTE SYSTEMS OF ARKANSAS, LLC
BFI WASTE SYSTEMS OF GEORGIA, LLC
BFI WASTE SYSTEMS OF KENTUCKY, LLC
BFI WASTE SYSTEMS OF LOUISIANA, LLC
BFI WASTE SYSTEMS OF MASSACHUSETTS, LLC
BFI WASTE SYSTEMS OF MISSISSIPPI, LLC
BFI WASTE SYSTEMS OF MISSOURI, LLC
BFI WASTE SYSTEMS OF NEW JERSEY, INC.
BFI WASTE SYSTEMS OF NORTH AMERICA, LLC
BFI WASTE SYSTEMS OF NORTH CAROLINA, LLC
BFI WASTE SYSTEMS OF OKLAHOMA, LLC
BFI WASTE SYSTEMS OF SOUTH CAROLINA, LLC
BFI WASTE SYSTEMS OF TENNESSEE, LLC
BFI WASTE SYSTEMS OF VIRGINIA, LLC
BIO-MED OF OREGON, INC.
BLT ENTERPRISES OF OXNARD, INC.
BOND COUNTY LANDFILL, INC.
BORREGO LANDFILL, INC.
BORROW PIT CORP.
BRICKYARD DISPOSAL & RECYCLING, INC.
BRIDGETON LANDFILL, LLC
BRIDGETON TRANSFER STATION, LLC
BROWNING-FERRIS INDUSTRIES CHEMICAL SERVICES, INC.
BROWNING-FERRIS INDUSTRIES OF CALIFORNIA, INC.
BROWNING-FERRIS INDUSTRIES OF FLORIDA, INC.
BROWNING-FERRIS INDUSTRIES OF ILLINOIS, INC.
BROWNING-FERRIS INDUSTRIES OF NEW JERSEY, INC.
BROWNING-FERRIS INDUSTRIES OF NEW YORK, INC.
BROWNING-FERRIS INDUSTRIES OF OHIO, INC.
BROWNING-FERRIS INDUSTRIES OF TENNESSEE, INC.
BROWNING-FERRIS INDUSTRIES, INC.
BROWNING-FERRIS INDUSTRIES, LLC
BROWNING-FERRIS SERVICES, INC.
BROWNING-FERRIS, INC.
BRUNSWICK WASTE MANAGEMENT FACILITY, LLC
BUNTING TRASH SERVICE, INC.
BUTLER COUNTY LANDFILL, LLC
C & C EXPANDED SANITARY LANDFILL, LLC
31
CACTUS WASTE SYSTEMS, LLC
CALVERT TRASH SYSTEMS, INCORPORATED
CAPITOL RECYCLING AND DISPOSAL, INC.
CARBON LIMESTONE LANDFILL, LLC
CC LANDFILL, INC.
CECOS INTERNATIONAL, INC.
CELINA LANDFILL, INC.
CENTRAL ARIZONA TRANSFER, INC.
CENTRAL SANITARY LANDFILL, INC.
CENTRAL VIRGINIA PROPERTIES, LLC
CHARTER EVAPORATION RESOURCE RECOVERY SYSTEMS
CHEROKEE RUN LANDFILL, INC.
CHILTON LANDFILL, LLC
CITIZENS DISPOSAL, INC.
CITY-STAR SERVICES, INC.
CLARKSTON DISPOSAL, INC.
COCOPAH LANDFILL, INC.
COMPACTOR RENTAL SYSTEMS OF DELAWARE, INC.
CONSOLIDATED DISPOSAL SERVICE, L.L.C.
CONTINENTAL WASTE INDUSTRIES, L.L.C.
COPPER MOUNTAIN LANDFILL, INC.
CORVALLIS DISPOSAL CO.
COUNTY DISPOSAL (OHIO), INC.
COUNTY DISPOSAL, INC.
COUNTY ENVIRONMENTAL LANDFILL, LLC
COUNTY LAND DEVELOPMENT LANDFILL, LLC
COUNTY LANDFILL, INC.
COURTNEY RIDGE LANDFILL, LLC
CRESCENT ACRES LANDFILL, LLC
CROCKETT SANITARY SERVICE, INC.
CUMBERLAND COUNTY DEVELOPMENT COMPANY, LLC
CWI OF ILLINOIS, INC.
CWI OF MISSOURI, INC.
D & L DISPOSAL, L.L.C.
DALLAS DISPOSAL CO.
DELTA CONTAINER CORPORATION
DELTA DADE RECYCLING CORP.
DELTA PAPER STOCK, CO.
DELTA RESOURCES CORP.
DELTA SITE DEVELOPMENT CORP.
DELTA WASTE CORP.
DEMPSEY WASTE SYSTEMS II, INC.
DENVER RL NORTH, INC.
DTC MANAGEMENT, INC.
E LEASING COMPANY, LLC
EAGLE INDUSTRIES LEASING, INC.
EAST CHICAGO COMPOST FACILITY, INC.
32
ECDC ENVIRONMENTAL OF HUMBOLDT COUNTY, INC.
ECDC ENVIRONMENTAL, L.C.
ECDC HOLDINGS, INC.
ELDER CREEK TRANSFER & RECOVERY, INC.
ELLIS SCOTT LANDFILL MO, LLC
ENVIROCYCLE, INC.
ENVIRONMENTAL DEVELOPMENT CORP.
ENVIRONMENTAL RECLAMATION COMPANY
ENVIRONTECH, INC.
ENVOTECH-ILLINOIS L.L.C.
EVERGREEN SCAVENGER SERVICE, INC.
EVERGREEN SCAVENGER SERVICE, L.L.C.
F. P. MCNAMARA RUBBISH REMOVAL, INC.
FLINT HILL ROAD, LLC
FLL, INC.
FOREST VIEW LANDFILL, LLC
FORWARD, INC.
FRED BARBARA TRUCKING CO., INC.
FRONTIER WASTE SERVICES (COLORADO), LLC
FRONTIER WASTE SERVICES (UTAH), LLC
FRONTIER WASTE SERVICES OF LOUISIANA L.L.C.
G. VAN DYKEN DISPOSAL INC.
GATEWAY LANDFILL, LLC
GEK, INC.
GENERAL REFUSE ROLLOFF CORP.
GENERAL REFUSE SERVICE OF OHIO, L.L.C.
GEORGIA RECYCLING SERVICES, INC.
GOLDEN BEAR TRANSFER SERVICES, INC.
GOLDEN WASTE DISPOSAL, INC.
GRANTS PASS SANITATION, INC.
GREAT LAKES DISPOSAL SERVICE, INC.
GREAT PLAINS LANDFILL OK, LLC
GREENRIDGE RECLAMATION, LLC
GREENRIDGE WASTE SERVICES, LLC
GULFCOAST WASTE SERVICE, INC.
HANCOCK COUNTY DEVELOPMENT COMPANY, LLC
HARLANDS SANITARY LANDFILL, INC.
HARRISON COUNTY LANDFILL, LLC
HONEYGO RUN RECLAMATION CENTER, INC.
ILLINOIS LANDFILL, INC.
ILLINOIS RECYCLING SERVICES, INC.
ILLINOIS VALLEY RECYCLING, INC.
IMPERIAL LANDFILL, INC.
INDEPENDENT TRUCKING COMPANY
INGRUM WASTE DISPOSAL, INC.
INTERNATIONAL DISPOSAL CORP. OF CALIFORNIA
ISLAND WASTE SERVICES LTD.
JACKSON COUNTY LANDFILL, LLC
JEFFERSON CITY LANDFILL, LLC
33
JEFFERSON PARISH DEVELOPMENT COMPANY, LLC
JETTER DISPOSAL, INC.
KANDEL ENTERPRISES, LLC
KANKAKEE QUARRY, INC.
KELLER CANYON LANDFILL COMPANY
KELLER DROP BOX, INC.
LA CAÑADA DISPOSAL COMPANY, INC.
LAKE NORMAN LANDFILL, INC.
LANDCOMP CORPORATION
LATHROP SUNRISE SANITATION CORPORATION
LEE COUNTY LANDFILL SC, LLC
LEE COUNTY LANDFILL, INC.
LEMONS LANDFILL, LLC
LIBERTY WASTE HOLDINGS, INC.
LIBERTY WASTE SERVICES LIMITED, L.L.C.
LIBERTY WASTE SERVICES OF ILLINOIS, L.L.C.
LIBERTY WASTE SERVICES OF MCCOOK, L.L.C.
LITTLE CREEK LANDING, LLC
LOCAL SANITATION OF ROWAN COUNTY, L.L.C.
LOOP RECYCLING, INC.
LOOP TRANSFER, INCORPORATED
LORAIN COUNTY LANDFILL, LLC
LOUIS PINTO & SON, INC., SANITATION CONTRACTORS
LUCAS COUNTY LAND DEVELOPMENT, INC.
LUCAS COUNTY LANDFILL, LLC
MADISON COUNTY DEVELOPMENT, LLC
MANUMIT OF FLORIDA, INC.
MCCUSKER RECYCLING, INC.
MCINNIS WASTE SYSTEMS, INC.
MENANDS ENVIRONMENTAL SOLUTIONS, LLC
MESA DISPOSAL, INC.
MIDWAY DEVELOPMENT COMPANY, INC.
MISSISSIPPI WASTE PAPER COMPANY
MISSOURI CITY LANDFILL, LLC
MOUNTAIN HOME DISPOSAL, INC.
N LEASING COMPANY, LLC
NATIONSWASTE CATAWBA REGIONAL LANDFILL, INC.
NATIONSWASTE, INC.
NCORP, INC.
NEW MORGAN LANDFILL COMPANY, INC.
NEW YORK WASTE SERVICES, LLC
NEWCO WASTE SYSTEMS OF NEW JERSEY, INC.
NOBLE ROAD LANDFILL, INC.
NORTHEAST LANDFILL, LLC
NORTHLAKE TRANSFER, INC.
NORTHWEST TENNESSEE DISPOSAL CORPORATION
OAKLAND HEIGHTS DEVELOPMENT, INC.
OBSCURITY LAND DEVELOPMENT, LLC
34
OHIO REPUBLIC CONTRACTS, II, INC.
OHIO REPUBLIC CONTRACTS, INC.
OKLAHOMA CITY LANDFILL, L.L.C.
OSCARS COLLECTION SYSTEM OF FREMONT, INC.
OTAY LANDFILL, INC.
OTTAWA COUNTY LANDFILL, INC.
PACKERTON LAND COMPANY, L.L.C.
PALOMAR TRANSFER STATION, INC.
PELTIER REAL ESTATE COMPANY
PERDOMO & SONS, INC.
PINAL COUNTY LANDFILL CORP.
PINECREST LANDFILL OK, LLC
PITTSBURG COUNTY LANDFILL, INC.
POLK COUNTY LANDFILL, LLC
PORT CLINTON LANDFILL, INC.
PORTABLE STORAGE CO.
PREBLE COUNTY LANDFILL, INC.
PRICE & SONS RECYCLING COMPANY
PRINCE GEORGES COUNTY LANDFILL, LLC
R.C. MILLER ENTERPRISES, INC.
R.C. MILLER REFUSE SERVICE INC.
RABANCO RECYCLING, INC.
RABANCO, LTD.
RAMONA LANDFILL, INC.
RCS, INC.
RELIABLE DISPOSAL, INC.
REPUBLIC DUMPCO, INC.
REPUBLIC ENVIRONMENTAL TECHNOLOGIES, INC.
REPUBLIC OHIO CONTRACTS, LLC
REPUBLIC SERVICES AVIATION, INC.
REPUBLIC SERVICES ENVIRONMENTAL, LLC
REPUBLIC SERVICES FINANCIAL LP, INC.
REPUBLIC SERVICES GROUP, LLC
REPUBLIC SERVICES HOLDING COMPANY, INC.
REPUBLIC SERVICES OF ARIZONA HAULING, LLC
REPUBLIC SERVICES OF CALIFORNIA HOLDING COMPANY, INC.
REPUBLIC SERVICES OF CALIFORNIA II, LLC
REPUBLIC SERVICES OF COLORADO HAULING, LLC
REPUBLIC SERVICES OF COLORADO I, LLC
REPUBLIC SERVICES OF FLORIDA GP, INC.
REPUBLIC SERVICES OF FLORIDA LP, INC.
REPUBLIC SERVICES OF GEORGIA GP, LLC
REPUBLIC SERVICES OF GEORGIA LP, LLC
REPUBLIC SERVICES OF INDIANA LP, INC.
REPUBLIC SERVICES OF INDIANA TRANSPORTATION, LLC
REPUBLIC SERVICES OF KENTUCKY, LLC
REPUBLIC SERVICES OF MICHIGAN HAULING, LLC
REPUBLIC SERVICES OF MICHIGAN HOLDING COMPANY, INC.
35
REPUBLIC SERVICES OF MICHIGAN I, LLC
REPUBLIC SERVICES OF MICHIGAN II, LLC
REPUBLIC SERVICES OF MICHIGAN III, LLC
REPUBLIC SERVICES OF MICHIGAN IV, LLC
REPUBLIC SERVICES OF MICHIGAN V, LLC
REPUBLIC SERVICES OF NEW JERSEY, LLC
REPUBLIC SERVICES OF NORTH CAROLINA, LLC
REPUBLIC SERVICES OF OHIO HAULING, LLC
REPUBLIC SERVICES OF OHIO I, LLC
REPUBLIC SERVICES OF OHIO II, LLC
REPUBLIC SERVICES OF OHIO III, LLC
REPUBLIC SERVICES OF OHIO IV, LLC
REPUBLIC SERVICES OF PENNSYLVANIA, LLC
REPUBLIC SERVICES OF SOUTH CAROLINA, LLC
REPUBLIC SERVICES OF SOUTHERN CALIFORNIA, LLC
REPUBLIC SERVICES OF VIRGINIA, LLC
REPUBLIC SERVICES OF WISCONSIN GP, LLC
REPUBLIC SERVICES OF WISCONSIN LP, LLC
REPUBLIC SERVICES REAL ESTATE HOLDING, INC.
REPUBLIC SERVICES VASCO ROAD, LLC
REPUBLIC SILVER STATE DISPOSAL, INC.
REPUBLIC WASTE SERVICES OF SOUTHERN CALIFORNIA, LLC
REPUBLIC WASTE SERVICES OF TEXAS GP, INC.
REPUBLIC WASTE SERVICES OF TEXAS LP, INC.
RESOURCE RECOVERY, INC.
RI/ALAMEDA CORP.
RICHMOND SANITARY SERVICE, INC.
RISK SERVICES, INC.
RITM, LLC
ROCK ROAD INDUSTRIES, INC.
ROSS BROS. WASTE & RECYCLING CO.
ROSSMAN SANITARY SERVICE, INC.
ROXANA LANDFILL, INC.
ROYAL HOLDINGS, INC.
RUBBISH CONTROL, LLC
S & S RECYCLING, INC.
S LEASING COMPANY, LLC
SALINE COUNTY LANDFILL, INC.
SAN DIEGO LANDFILL SYSTEMS, LLC
SAN MARCOS NCRRF, INC.
SAND VALLEY HOLDINGS, L.L.C.
SANDY HOLLOW LANDFILL CORP.
SANGAMON VALLEY LANDFILL, INC.
SANITARY DISPOSAL SERVICE, INC.
SAUK TRAIL DEVELOPMENT, INC.
SCHOFIELD CORPORATION OF ORLANDO
SHOW-ME LANDFILL, LLC
SHRED ALL RECYCLING SYSTEMS INC.
SOLANO GARBAGE COMPANY
36
SOURCE RECYCLING, INC.
SOUTHEAST LANDFILL, LLC
SOUTHERN ILLINOIS REGIONAL LANDFILL, INC.
ST. BERNARD PARISH DEVELOPMENT COMPANY, LLC
ST. JOSEPH LANDFILL, LLC
STANDARD DISPOSAL SERVICES, INC.
STANDARD ENVIRONMENTAL SERVICES, INC.
STANDARD WASTE, INC.
STREATOR AREA LANDFILL, INC.
SUBURBAN TRANSFER, INC.
SUBURBAN WAREHOUSE, INC.
SUMMIT WASTE SYSTEMS, INC.
SUNRISE SANITATION SERVICE, INC.
SUNSET DISPOSAL SERVICE, INC.
SUNSET DISPOSAL, INC.
SYCAMORE LANDFILL, INC.
TATES TRANSFER SYSTEMS, INC.
TAY-BAN CORPORATION
TAYLOR RIDGE LANDFILL, INC.
TENNESSEE UNION COUNTY LANDFILL, INC.
THE ECOLOGY GROUP, INC.
THOMAS DISPOSAL SERVICE, INC.
TOM LUCIANOS DISPOSAL SERVICE, INC.
TOTAL ROLL-OFFS, L.L.C.
TOTAL SOLID WASTE RECYCLERS, INC.
TRICIL (N.Y.), INC.
TRI-COUNTY REFUSE SERVICE, INC.
TRI-STATE RECYCLING SERVICES, INC.
TRI-STATE REFUSE CORPORATION
UNITED DISPOSAL SERVICE, INC.
UPPER ROCK ISLAND COUNTY LANDFILL, INC.
VALLEY LANDFILLS, INC.
VINING DISPOSAL SERVICE, INC.
WASATCH REGIONAL LANDFILL, INC.
WASTE CONTROL SYSTEMS, INC.
WASTE SERVICES OF NEW YORK, INC.
WASTEHAUL, INC.
WAYNE COUNTY LAND DEVELOPMENT, LLC
WAYNE COUNTY LANDFILL IL, INC.
WAYNE DEVELOPERS, LLC
WDTR, INC.
WEBSTER PARISH LANDFILL, L.L.C.
WEST CONTRA COSTA ENERGY RECOVERY COMPANY
WEST CONTRA COSTA SANITARY LANDFILL, INC.
WEST COUNTY LANDFILL, INC.
WEST COUNTY RESOURCE RECOVERY, INC.
WILLAMETTE RESOURCES, INC.
WILLIAMS COUNTY LANDFILL INC.
WILLOW RIDGE LANDFILL, LLC
37
WJR ENVIRONMENTAL, INC.
WOODLAKE SANITARY SERVICE, INC.
ZAKAROFF SERVICES
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer of each of the foregoing entities |
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38
ABILENE LANDFILL TX, LP
BFI TRANSFER SYSTEMS OF TEXAS, LP
BFI WASTE SERVICES OF INDIANA, LP
BFI WASTE SERVICES OF TEXAS, LP
BFI WASTE SYSTEMS OF INDIANA, LP
BLUE RIDGE LANDFILL TX, LP
BRENHAM TOTAL ROLL-OFFS, LP
CAMELOT LANDFILL TX, LP
CEFE LANDFILL TX, LP
CROW LANDFILL TX, L.P.
DESARROLLO DEL RANCHO LA GLORIA TX, LP
EL CENTRO LANDFILL, L.P.
ELLIS COUNTY LANDFILL TX, LP
FORT WORTH LANDFILL TX, LP
FRONTIER WASTE SERVICES, L.P.
GALVESTON COUNTY LANDFILL TX, LP
GILES ROAD LANDFILL TX, LP
GOLDEN TRIANGLE LANDFILL TX, LP
GREENWOOD LANDFILL TX, LP
GULF WEST LANDFILL TX, LP
ITASCA LANDFILL TX, LP
KERRVILLE LANDFILL TX, LP
LEWISVILLE LANDFILL TX, LP
MARS ROAD TX, LP
MCCARTY ROAD LANDFILL TX, LP
MESQUITE LANDFILL TX, LP
MEXIA LANDFILL TX, LP
PANAMA ROAD LANDFILL, TX, L.P.
PINE HILL FARMS LANDFILL TX, LP
PLEASANT OAKS LANDFILL TX, LP
RIO GRANDE VALLEY LANDFILL TX, LP
ROYAL OAKS LANDFILL TX, LP
SOUTH CENTRAL TEXAS LAND CO. TX, LP
SOUTHWEST LANDFILL TX, LP
TESSMAN ROAD LANDFILL TX, LP
TURKEY CREEK LANDFILL TX, LP
VICTORIA LANDFILL TX, LP
WHISPERING PINES LANDFILL TX, LP
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By: |
Allied Waste Landfill Holdings, Inc., as General
Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer
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39
BENTON COUNTY DEVELOPMENT COMPANY
CLINTON COUNTY LANDFILL PARTNERSHIP
COUNTY LINE LANDFILL PARTNERSHIP
ILLIANA DISPOSAL PARTNERSHIP
JASPER COUNTY DEVELOPMENT COMPANY PARTNERSHIP
KEY WASTE INDIANA PARTNERSHIP
LAKE COUNTY C & D DEVELOPMENT PARTNERSHIP
NEWTON COUNTY LANDFILL PARTNERSHIP
SPRINGFIELD ENVIRONMENTAL GENERAL PARTNERSHIP
TIPPECANOE COUNTY WASTE SERVICES PARTNERSHIP
WARRICK COUNTY DEVELOPMENT COMPANY
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By: |
Allied Waste Landfill Holdings, Inc., as General
Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Allied Waste North America, Inc., as General
Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer
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40
BENSON VALLEY LANDFILL GENERAL PARTNERSHIP
BLUE RIDGE LANDFILL GENERAL PARTNERSHIP
GREEN VALLEY LANDFILL GENERAL PARTNERSHIP
MOREHEAD LANDFILL GENERAL PARTNERSHIP
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By: |
Allied Waste North America, Inc., as General
Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Browning-Ferris Industries of Tennessee, Inc.,
as General Partner of each of the foregoing
entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC WASTE SERVICES OF TEXAS, LTD.
RWS TRANSPORT, L.P.
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By: |
Republic Waste Services of Texas GP, Inc., as
General Partner of each of the foregoing
entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer
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41
BFI ENERGY
SYSTEMS OF SOUTHEASTERN
CONNECTICUT, LIMITED
PARTNERSHIP
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By: |
BFI Energy Systems of Southeastern Connecticut,
Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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OCEANSIDE WASTE & RECYCLING SERVICES
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By: |
Republic Services, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Zakaroff Services, its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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RABANCO COMPANIES
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By: |
Rabanco Recycling, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Rabanco, Ltd., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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42
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REPUBLIC SERVICES FINANCIAL, LIMITED PARTNERSHIP
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By: |
Republic Silver State Disposal, Inc., its
General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF FLORIDA, LIMITED PARTNERSHIP
|
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By: |
Republic Services of Florida GP, Inc., its
General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF GEORGIA, LIMITED PARTNERSHIP
|
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By: |
Republic Services of Georgia GP, LLC, its
General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF INDIANA, LIMITED PARTNERSHIP
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By: |
Republic Services, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Senior Vice President, Treasurer
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43
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REPUBLIC SERVICES OF WISCONSIN, LIMITED PARTNERSHIP
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By: |
Republic Services of Wisconsin GP, LLC, its
General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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DINVERNO, INC.
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By: |
/s/ Roger A. Groen Jr.
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Name: |
Roger A. Groen Jr. |
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Title: |
President |
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44
The foregoing Underwriting Agreement is hereby confirmed and accepted by the
Representatives as of the date first above written.
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
BARCLAYS CAPITAL INC.
J.P. MORGAN SECURITIES LLC
RBS SECURITIES INC.
Acting as Representatives of the
several Underwriters named in
the attached Schedule A.
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By: |
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
|
|
|
By: |
/s/ Joseph A. Crowley
|
|
|
|
Name: |
Joseph A. Crowley |
|
|
|
Title: |
Director |
|
|
|
By: |
Barclays Capital Inc.
|
|
|
By: |
/s/ Pamela Kendall
|
|
|
|
Name: |
Pamela Kendall |
|
|
|
Title: |
Director |
|
|
|
By: |
J.P. Morgan Securities LLC
|
|
|
By: |
/s/ Maria Sramek
|
|
|
|
Name: |
Maria Sramek |
|
|
|
Title: |
Executive Director |
|
|
|
By: |
RBS Securities Inc.
|
|
|
By: |
/s/ John McCabe
|
|
|
|
Name: |
John McCabe |
|
|
|
Title: |
Managing Director |
|
|
|
45
SCHEDULE A
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate |
|
Aggregate |
|
Aggregate |
|
|
Principal |
|
Principal |
|
Principal |
|
|
Amount of |
|
Amount of |
|
Amount of |
|
|
2018 |
|
2023 |
|
2041 |
|
|
Securities to |
|
Securities to |
|
Securities to |
|
|
be |
|
be |
|
be |
Underwriters |
|
Purchased |
|
Purchased |
|
Purchased |
Merrill Lynch, Pierce, Fenner & Smith
Incorporated |
|
$ |
70,070,000 |
|
|
$ |
55,055,000 |
|
|
$ |
60,060,000 |
|
Barclays Capital Inc. |
|
$ |
70,000,000 |
|
|
$ |
55,000,000 |
|
|
$ |
60,000,000 |
|
J.P. Morgan Securities LLC |
|
$ |
70,000,000 |
|
|
$ |
55,000,000 |
|
|
$ |
60,000,000 |
|
RBS Securities Inc. |
|
$ |
70,000,000 |
|
|
$ |
55,000,000 |
|
|
$ |
60,000,000 |
|
BNP Paribas Securities Corp. |
|
$ |
44,800,000 |
|
|
$ |
35,200,000 |
|
|
$ |
38,400,000 |
|
Mizuho Securities USA Inc. |
|
$ |
44,800,000 |
|
|
$ |
35,200,000 |
|
|
$ |
38,400,000 |
|
Scotia Capital (USA) Inc. |
|
$ |
44,800,000 |
|
|
$ |
35,200,000 |
|
|
$ |
38,400,000 |
|
SunTrust Robinson Humphrey, Inc. |
|
$ |
44,800,000 |
|
|
$ |
35,200,000 |
|
|
$ |
38,400,000 |
|
UBS Securities LLC |
|
$ |
44,800,000 |
|
|
$ |
35,200,000 |
|
|
$ |
38,400,000 |
|
U.S. Bancorp Investments, Inc. |
|
$ |
44,800,000 |
|
|
$ |
35,200,000 |
|
|
$ |
38,400,000 |
|
Banca IMI S.p.A. |
|
$ |
26,110,000 |
|
|
$ |
20,515,000 |
|
|
$ |
22,380,000 |
|
Credit Suisse Securities (USA) LLC |
|
$ |
26,110,000 |
|
|
$ |
20,515,000 |
|
|
$ |
22,380,000 |
|
UniCredit Capital Markets LLC |
|
$ |
26,110,000 |
|
|
$ |
20,515,000 |
|
|
$ |
22,380,000 |
|
BB&T Capital Markets, a division of Scott & Stringfellow, LLC |
|
$ |
18,200,000 |
|
|
$ |
14,300,000 |
|
|
$ |
15,600,000 |
|
BNY Mellon Capital Markets, LLC |
|
$ |
18,200,000 |
|
|
$ |
14,300,000 |
|
|
$ |
15,600,000 |
|
Comerica Securities, Inc. |
|
$ |
18,200,000 |
|
|
$ |
14,300,000 |
|
|
$ |
15,600,000 |
|
PNC Capital Markets LLC |
|
$ |
18,200,000 |
|
|
$ |
14,300,000 |
|
|
$ |
15,600,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
700,000,000 |
|
|
$ |
550,000,000 |
|
|
$ |
600,000,000 |
|
Sch-1
EXHIBIT A-1
[Form of Opinion of Mayer Brown LLP delivered with respect to
the Company and the Delaware, New York and Illinois Guarantors]
(i) |
|
The Company is validly existing as a corporation in good standing under the laws of the state
of Delaware and has corporate power and authority to own or lease, as the case may be, and
operate its properties and to conduct its business as described in the Time of Sale
Information and the Prospectus and to enter into and perform its obligations under the
Underwriting Agreement and the Indenture; the Company is duly qualified as a foreign
corporation to transact business and is in good standing in each jurisdiction listed in
Schedule 1 hereto. |
|
(ii) |
|
Each of the Guarantors listed on Schedule 2 hereto (collectively, the Covered Guarantors)
is validly existing as a corporation, limited liability company, partnership or other legal
entity, as the case may be, in good standing, to the extent applicable to such entity, under
the laws of the jurisdiction of its incorporation or formation, and each has corporate,
limited liability company, partnership or other power and authority to own or lease, as the
case may be, and operate its properties and to conduct its business as described in the Time
of Sale Information and the Prospectus; each Covered Guarantor listed on Schedule 3 hereto is
duly qualified as a foreign corporation, limited liability company, partnership or other
entity to transact business and is in good standing, to the extent applicable to such entity,
in each jurisdiction listed on Schedule 3 hereto. |
|
(iii) |
|
This Agreement has been duly authorized, executed and delivered by the Company and each of
the Covered Guarantors. |
|
(iv) |
|
The Indenture has been duly authorized, executed and delivered by the Company and each of the
Covered Guarantors and (assuming the due authorization, execution and delivery thereof by the
Trustee and the Guarantors that are not Covered Guarantors (collectively, the Excluded
Guarantors)) constitutes a valid and binding agreement of the Company and each of the
Guarantors, enforceable against the Company and each of the Guarantors in accordance with its
terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, fraudulent
transfer, reorganization, moratorium or other similar laws relating to or affecting the rights
and remedies of creditors or by general equitable principles (regardless of whether
enforcement is considered in a proceeding in equity or at law) and except as rights to
indemnification may be limited by applicable law and public policy considerations. The
Indenture has been duly qualified under the Trust Indenture Act. |
|
(v) |
|
The Notes are in the form contemplated by the Indenture, have been duly authorized and
executed by the Company and, when authenticated in the manner provided for in the Indenture
and delivered against payment of the purchase price as specified in the Underwriting
Agreement, will constitute valid and binding obligations of the Company, enforceable against
the Company in accordance with their terms, except as the enforcement thereof may be limited
by bankruptcy, insolvency, fraudulent transfer, |
A-1
|
|
reorganization, moratorium or other similar laws relating to or affecting the rights and
remedies of creditors or by general equitable principles (regardless of whether
enforcement is considered in a proceeding in equity or at law), and will be entitled to
the benefits of the Indenture. |
|
(vi) |
|
The Guarantees of the Notes are in the form contemplated by the Indenture, have been duly
authorized by each of the Covered Guarantors for issuance and sale pursuant to this Agreement
and the Indenture and have been executed by each of the Covered Guarantors and, assuming the
due authorization, execution and delivery by the Excluded Guarantors, when the Notes have been
authenticated in the manner provided for in the Indenture and delivered against payment of the
purchase price therefore, will constitute valid and binding obligations of each of the
Guarantors, enforceable against each of the Guarantors in accordance with their terms, except
as the enforcement thereof may be limited by bankruptcy, insolvency, fraudulent transfer,
reorganization, moratorium or other similar laws relating to or affecting the rights and
remedies of creditors or by general equitable principles (regardless of whether enforcement is
considered in a proceeding in equity or at law), and will be entitled to the benefits of the
Indenture. |
|
(vii) |
|
The Securities and the Indenture conform in all material respects to the descriptions
thereof contained in the Time of Sale Information and the Prospectus under the caption
Description of the Notes. |
|
(viii) |
|
The Registration Statement is an automatic shelf registration statement (as defined under
Rule 405 of the Securities Act) that has been filed with the Commission not earlier than three
years prior to the date of the Underwriting Agreement; each of the Preliminary Prospectus and
the Prospectus was filed with the Commission in the manner and within the time period required
by Rule 424(b) under the Securities Act; and, to the knowledge of such counsel, no order
suspending the effectiveness of the Registration Statement has been issued, no notice of
objection of the Commission to the use of such registration statement or any post-effective
amendment thereto pursuant to Rule 401(g)(2) under the Securities Act has been received by the
Company and no proceeding for that purpose or pursuant to Section 8A of the Securities Act
against the Company or in connection with the offering is pending or threatened by the
Commission. |
|
(ix) |
|
The Registration Statement, as of its most recent effective date, the Preliminary Prospectus,
as of the Time of Sale and the Prospectus, as of its date (other than the financial statements
and related schedules therein and the Statement of Eligibility on Form T-1, in each case as to
which such counsel need express no opinion) complied as to form in all material respects with
the requirements of the Securities Act. |
|
(x) |
|
The documents incorporated by reference in the Time of Sale Information and the Prospectus or
any further amendment or supplement thereto made by the Company prior to the Closing Date
(except for financial statements and schedules and other financial data included or
incorporated by reference therein or omitted therefrom, in |
A-2
|
|
each case as to which such counsel need express no opinion), at the time they became
effective or were filed with the Commission, as the case may be, complied as to form in
all material respects with the requirements of the Exchange Act. |
|
(xi) |
|
The statements set forth in each of the Time of Sale Information and the Prospectus under the
caption Material United States Federal Income Tax Considerations, insofar as such statements
constitute a summary of the United States federal tax laws referred to therein, and subject to
the limitations, qualifications and assumptions set forth therein, are true, correct and
complete in all material respects. |
|
(xii) |
|
The execution, delivery and performance of this Agreement, the Securities and the Indenture
by the Company and the Covered Guarantors and the performance by the Company and the Covered
Guarantors of their respective obligations thereunder (other than any indemnification
provisions, as to which we express no opinion) (i) will not result in a violation of any
provisions of the articles of incorporation or by-laws of the Company or the articles of
incorporation, by-laws, certificate of formation, certificate of limited partnership or
limited liability company, partnership or limited partnership agreement of any of the Covered
Guarantors, (ii) will not conflict with or constitute a breach of, or default under, or result
in the creation or imposition of any lien, charge or encumbrance upon any property or assets
of the Company or any of the Guarantors pursuant to any Existing Instrument filed as exhibits
2.1 to 2.3, 4.1 to 4.33, 10.69 or 10.73 to the Companys most recently filed Annual Report on
Form 10-K or any material contract filed on Form 10-Q or Form 8-K after the date of the
Companys most recent Annual Report on Form 10-K and (iii) will not result in a violation of
any federal, New York State or Illinois law or regulation or any Delaware corporate law or
regulation which, in such counsels experience, are normally applicable to transactions of the
type contemplated by this Agreement (in each case other than state securities or blue sky
laws, as to which such counsel express no opinion), or any judgment, order or decree of any
federal, New York State, Illinois or Delaware court or governmental authority binding on the
Company or any Covered Guarantor of which we are aware. |
|
(xiii) |
|
No consent, approval, authorization or other order of, or registration or filing under
Delaware corporate law or with any federal, New York State or Illinois governmental authority
is required for the execution, delivery and performance by the Company and the Guarantors of
this Agreement or the Indenture or the issuance and sale by the Company and the Guarantors of
the Securities or consummation of the transactions contemplated hereby or thereby, other than
(a) such as have been obtained or made, (b) as are required by FINRA and (c) such as may be
required by applicable state blue sky or similar state or foreign securities laws. |
|
(xiv) |
|
The Company is not, and after receipt of payment for the Securities and the application of
the proceeds thereof as contemplated under the caption Use of Proceeds in the Time of Sale
Information and the Prospectus will not be, required to register as an investment company
within the meaning of the Investment Company Act. |
A-3
Schedule 1
Foreign Qualifications
A-4
Schedule 2
Covered Guarantors
A-5
SCHEDULE 3
Foreign Qualifications
A-6
EXHIBIT A-2
[Form of Opinion of Mayer Brown LLP delivered with respect to
the California, Texas and North Carolina Guarantors]
(i) |
|
Each of the Guarantors listed on Schedule 1 hereto (collectively, the Covered
Guarantors) is validly existing as a corporation, limited liability company, partnership
or other legal entity, as the case may be, in good standing, to the extent that concept is
applicable to such entity, under the laws of the jurisdiction of its incorporation or
formation, and each has corporate, limited liability company, partnership or other power
and authority to own or lease, as the case may be, and operate its properties and to
conduct its business as described in the Registration Statement, the Time of Sale
Information and the Prospectus; each Covered Guarantor is duly qualified as a foreign
corporation, limited liability company, partnership or other entity to transact business
and is in good standing, to the extent applicable to such entity, in each jurisdiction
listed on Schedule 2 hereto. |
|
(ii) |
|
This Agreement and the Supplemental Indentures (including the Guarantee provided for
therein) have each been duly authorized, executed and delivered by each of the Covered
Guarantors. |
|
(iii) |
|
The execution, delivery and performance of this Agreement and the Supplemental
Indentures (including the Guarantee provided for therein) by the Covered Guarantors and the
performance by the Covered Guarantors of their respective obligations thereunder (other
than any indemnification provisions, as to which no opinion need be rendered) (i) will not
result in a violation of any provisions of the articles of incorporation, by-laws,
certificate of formation, certificate of limited partnership, limited liability company
agreement, partnership agreement or limited partnership agreement of any of the Covered
Guarantors and (ii) will not result in a violation of any [CA, NC or TX] law or regulation
(other than state securities or blue sky laws, as to which no opinion need be rendered), or
any judgment, order or decree of any [CA, NC or TX] court or governmental authority binding
on any Covered Guarantor of which we are aware. |
|
(iv) |
|
No consent, approval, authorization or other order of, or registration or filing with,
any [CA, NC or TX] governmental authority is required for the execution, delivery and
performance by the Covered Guarantors of this Agreement or the Supplemental Indentures or
the issuance and sale by the Covered Guarantors of the Guarantees or consummation of the
transactions contemplated hereby or thereby, other than (a) such as have been obtained or
made, and (b) such as may be required by applicable state blue sky or similar state
securities laws. |
A-7
Schedule 1
Covered Guarantors
A-8
Schedule 2
Foreign Qualifications
A-9
EXHIBIT A-3
[Form of Negative Assurance Letter of Mayer Brown LLP]
Subject to the foregoing and on the basis of the information we gained in the course of
performing the services referred to above, we confirm to you that nothing came to our attention
that caused us to believe that:
(1) the Registration Statement, at the time of its most recent effective date with
respect to the Underwriters (including the information, if any, deemed pursuant to Rule
430A, 430B or 430C to be part of the Registration Statement at the time of such
effectiveness), contained any untrue statement of a material fact or omitted to state a
material fact required to be stated therein or necessary to make the statements therein not
misleading,
(2) the Time of Sale Information, at the Time of Sale, contained any untrue statement
of a material fact or omitted to state a material fact necessary to make the statements
therein, in the light of the circumstances under which they were made, not misleading, or
(3) the Prospectus or any amendment or supplement thereto as of its date and as of the
date hereof, contained or contains any untrue statement of a material fact or omitted or
omits to state a material fact necessary in order to make the statements therein, in the
light of the circumstances under which they were made, not misleading:
provided, however, that we do not assume any responsibility for the accuracy, completeness or
fairness of the statements contained in the Registration Statement, the Time of Sale Information or
the Prospectus, except as otherwise specifically provided in paragraphs (vii), (xi) and (xii) in
our opinion of todays date addressed to you, and we do not express any belief with respect to the
financial statements or other financial or accounting data or information or assessments of or
reports on the effectiveness of internal control over financial reporting contained in,
incorporated by reference into or omitted from the Registration Statement, Time of Sale Information
or Prospectus.
A-10
Exhibit A
Additional Documents and Information Included in the Pricing Disclosure Package
A-11
EXHIBIT A-4
[Form of opinion of Executive Vice President and General Counsel]
(i) |
|
Except as disclosed in the Registration Statement, the Time of Sale Information and the
Prospectus, there are no legal or governmental actions, suits or proceedings pending or, to
the best of my knowledge, threatened against or affecting the Company, the Guarantors or
any of their respective subsidiaries where any such action, suit or proceeding, if
determined adversely, would, individually or in the aggregate, reasonably be expected to
result in a Material Adverse Change or adversely affect the consummation of the
transactions contemplated by this Agreement. |
A-12
EXHIBIT B
Pricing Term Sheet
May 2, 2011
|
|
|
Issuer:
|
|
Republic Services, Inc. |
|
|
|
Guarantors:
|
|
Substantially all of the Issuers direct and
indirect subsidiaries. |
|
|
|
Ratings:
|
|
Baa3 / BBB / BBB (Moodys / S&P / Fitch) |
|
|
|
Settlement Date:
|
|
May 9, 2011 (T+5) |
|
|
|
Joint Book-Running Managers:
|
|
Merrill Lynch, Pierce, Fenner & Smith
Incorporated |
|
|
Barclays Capital Inc. |
|
|
J.P. Morgan Securities LLC |
|
|
RBS Securities Inc. |
|
|
BNP Paribas Securities Corp. |
|
|
Mizuho Securities USA Inc. |
|
|
Scotia Capital (USA) Inc. |
|
|
SunTrust Robinson Humphrey, Inc. |
|
|
UBS Securities LLC |
|
|
U.S. Bancorp Investments, Inc. |
|
|
|
Senior Co-Managers:
|
|
Banca IMI S.p.A. |
|
|
Credit Suisse Securities (USA) LLC |
|
|
UniCredit Capital Markets LLC |
|
|
|
Co-Managers:
|
|
BB&T Capital Markets, a
division of Scott & Stringfellow, LLC |
|
|
BNY Mellon Capital Markets, LLC |
|
|
Comerica Securities, Inc. |
|
|
PNC Capital Markets LLC |
|
|
|
3.800% Notes due 2018 |
|
|
|
|
|
Principal Amount:
|
|
$700,000,000 |
|
|
|
Maturity:
|
|
May 15, 2018 |
|
|
|
Coupon (Interest Rate):
|
|
3.800% |
B-1
|
|
|
Yield to Maturity:
|
|
3.805% |
|
|
|
Benchmark Treasury:
|
|
UST 2.625% due April 30, 2018 |
|
|
|
Spread to Benchmark Treasury:
|
|
T + 115 basis points |
|
|
|
Benchmark Treasury Price and Yield:
|
|
99-26 and 2.655% |
|
|
|
Interest Payment Dates:
|
|
May 15 and November 15, beginning November
15, 2011 |
|
|
|
Redemption Provision:
|
|
Make-Whole Call at T + 20 basis points |
|
|
|
Price to Public:
|
|
99.969% |
|
|
|
Underwriting Discount:
|
|
0.625% |
|
|
|
CUSIP / ISIN:
|
|
760759 AL4 / US760759AL49 |
|
|
|
4.750% Notes due 2023 |
|
|
|
|
|
Principal Amount:
|
|
$550,000,000 |
|
|
|
Maturity:
|
|
May 15, 2023 |
|
|
|
Coupon (Interest Rate):
|
|
4.750% |
|
|
|
Interest Payment Dates:
|
|
May 15 and November 15, beginning November
15, 2011 |
|
|
|
Yield to Maturity:
|
|
4.779% |
|
|
|
Benchmark Treasury:
|
|
UST 3.625% due February 25, 2021 |
|
|
|
Spread to Benchmark Treasury:
|
|
T + 150 basis points |
|
|
|
Benchmark Treasury Price and Yield:
|
|
102-28 and 3.279% |
|
|
|
Redemption Provision:
|
|
Make-Whole Call at T + 25 basis points;
redeemable at par three months prior to
maturity |
|
|
|
Price to Public:
|
|
99.736% |
|
|
|
Underwriting Discount:
|
|
0.675% |
|
|
|
CUSIP / ISIN:
|
|
760759 AM2 / US760759AM22 |
B-2
|
|
|
5.700% Notes due 2041 |
|
|
|
|
|
Principal Amount:
|
|
$600,000,000 |
|
|
|
Maturity:
|
|
May 15, 2041 |
|
|
|
Coupon (Interest Rate):
|
|
5.700% |
|
|
|
Interest Payment Dates:
|
|
May 15 and November 15, beginning
November 15, 2011 |
|
|
|
Yield to Maturity:
|
|
5.740% |
|
|
|
Benchmark Treasury:
|
|
UST 4.25% due November 15, 2040 |
|
|
|
Spread to Benchmark Treasury:
|
|
T + 135 basis points |
|
|
|
Benchmark Treasury Price and Yield:
|
|
97-22 and 4.390% |
|
|
|
Redemption Provision:
|
|
Make-Whole Call at T + 25 basis
points; redeemable at par six months
prior to maturity |
|
|
|
Price to Public:
|
|
99.429% |
|
|
|
Underwriting Discount:
|
|
0.875% |
|
|
|
CUSIP / ISIN:
|
|
760759 AN0 / US760759AN05 |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be
subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the
offering to which this communication relates. Before you invest, you should read the prospectus in
that registration statement and other documents the issuer has filed with the SEC for more complete
information about the issuer and this offering. You may get these documents for free by visiting
EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer
participating in the offering will arrange to send you the prospectus if you request it by calling
Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free 1-800-294-1322 (ii) Barclays Capital
by calling toll-free 1-888-603-5847; (iii) J.P. Morgan by calling collect 1-212-834-4533 or (iv)
RBS Securities Inc. by calling toll free 1-866-884-2071.
This pricing term sheet supplements the preliminary prospectus supplement issued by Republic
Services, Inc. on May 2, 2011 relating to its Prospectus dated May 3, 2010.
B-3
EXHIBIT C
Free Writing Prospectuses Constituting Part of the Time of Sale Information
Pricing Term Sheet dated May 2, 2011
C-1
EXHIBIT D
623 LANDFILL, INC.
A D A J CORPORATION
ACTION DISPOSAL, INC.
ADA COUNTY DEVELOPMENT COMPANY, INC.
ADRIAN LANDFILL, INC.
ADS OF ILLINOIS, INC.
ADS, INC.
AGRICULTURAL ACQUISITIONS, LLC
AGRI-TECH, INC. OF OREGON
ALABAMA RECYCLING SERVICES, INC.
ALBANY LEBANON SANITATION, INC.
ALLIED ACQUISITION PENNSYLVANIA, INC.
ALLIED ACQUISITION TWO, INC.
ALLIED ENVIROENGINEERING, INC.
ALLIED GAS RECOVERY SYSTEMS, L.L.C.
ALLIED GREEN POWER, INC.
ALLIED NOVA SCOTIA, INC.
ALLIED SERVICES, LLC
ALLIED TRANSFER SYSTEMS OF NEW JERSEY, LLC
ALLIED WASTE ALABAMA, INC.
ALLIED WASTE COMPANY, INC.
ALLIED WASTE ENVIRONMENTAL MANAGEMENT GROUP, LLC
ALLIED WASTE HAULING OF GEORGIA, INC.
ALLIED WASTE HOLDINGS (CANADA) LTD.
ALLIED WASTE INDUSTRIES (ARIZONA), INC.
ALLIED WASTE INDUSTRIES (NEW MEXICO), INC.
ALLIED WASTE INDUSTRIES (SOUTHWEST), INC.
ALLIED WASTE INDUSTRIES OF GEORGIA, INC.
ALLIED WASTE INDUSTRIES OF ILLINOIS, INC.
ALLIED WASTE INDUSTRIES OF NORTHWEST INDIANA, INC.
ALLIED WASTE INDUSTRIES OF TENNESSEE, INC.
ALLIED WASTE INDUSTRIES, INC.
ALLIED WASTE LANDFILL HOLDINGS, INC.
ALLIED WASTE NIAGARA FALLS LANDFILL, LLC
ALLIED WASTE NORTH AMERICA, INC.
ALLIED WASTE OF CALIFORNIA, INC.
ALLIED WASTE OF LONG ISLAND, INC.
ALLIED WASTE OF NEW JERSEY, INC.
ALLIED WASTE OF NEW JERSEY-NEW YORK, LLC
ALLIED WASTE RECYCLING SERVICES OF NEW HAMPSHIRE, LLC
ALLIED WASTE RURAL SANITATION, INC.
ALLIED WASTE SERVICES OF COLORADO, INC.
ALLIED WASTE SERVICES OF MASSACHUSETTS, LLC
ALLIED WASTE SERVICES OF NORTH AMERICA, LLC
ALLIED WASTE SERVICES OF PAGE, INC.
ALLIED WASTE SERVICES OF STILLWATER, INC.
ALLIED WASTE SYCAMORE LANDFILL, LLC
D-1
ALLIED WASTE SYSTEMS HOLDINGS, INC.
ALLIED WASTE SYSTEMS OF ARIZONA, LLC
ALLIED WASTE SYSTEMS OF COLORADO, LLC
ALLIED WASTE SYSTEMS OF INDIANA, LLC
ALLIED WASTE SYSTEMS OF MICHIGAN, LLC
ALLIED WASTE SYSTEMS OF MONTANA, LLC
ALLIED WASTE SYSTEMS OF NEW JERSEY, LLC
ALLIED WASTE SYSTEMS OF NORTH CAROLINA, LLC
ALLIED WASTE SYSTEMS OF PENNSYLVANIA, LLC
ALLIED WASTE SYSTEMS, INC.
ALLIED WASTE TRANSFER SERVICES OF ARIZONA, LLC
ALLIED WASTE TRANSFER SERVICES OF CALIFORNIA, LLC
ALLIED WASTE TRANSFER SERVICES OF FLORIDA, LLC
ALLIED WASTE TRANSFER SERVICES OF IOWA, LLC
ALLIED WASTE TRANSFER SERVICES OF LIMA, LLC
ALLIED WASTE TRANSFER SERVICES OF NEW YORK, LLC
ALLIED WASTE TRANSFER SERVICES OF NORTH CAROLINA, LLC
ALLIED WASTE TRANSFER SERVICES OF OREGON, LLC
ALLIED WASTE TRANSFER SERVICES OF RHODE ISLAND, LLC
ALLIED WASTE TRANSFER SERVICES OF UTAH, INC.
ALLIED WASTE TRANSPORTATION, INC.
AMERICAN DISPOSAL SERVICES OF ILLINOIS, INC.
AMERICAN DISPOSAL SERVICES OF KANSAS, INC.
AMERICAN DISPOSAL SERVICES OF MISSOURI, INC.
AMERICAN DISPOSAL SERVICES OF NEW JERSEY, INC.
AMERICAN DISPOSAL SERVICES OF WEST VIRGINIA, INC.
AMERICAN DISPOSAL SERVICES, INC.
AMERICAN DISPOSAL TRANSFER SERVICES OF ILLINOIS, INC.
AMERICAN MATERIALS RECYCLING CORP.
AMERICAN SANITATION, INC.
AMERICAN TRANSFER COMPANY, INC.
ANSON COUNTY LANDFILL NC, LLC
APACHE JUNCTION LANDFILL CORPORATION
ARC DISPOSAL COMPANY, INC.
AREA DISPOSAL, INC.
ARIANA, LLC
ATLANTIC WASTE HOLDING COMPANY, INC.
ATLAS TRANSPORT, INC.
ATTWOODS OF NORTH AMERICA, INC.
AUTAUGA COUNTY LANDFILL, LLC
AUTOMATED MODULAR SYSTEMS, INC.
AUTOSHRED, INC.
AWIN LEASING COMPANY, INC.
AWIN LEASING II, LLC
AWIN MANAGEMENT, INC.
BARKER BROTHERS WASTE, INCORPORATED
BAY COLLECTION SERVICES, INC.
BAY ENVIRONMENTAL MANAGEMENT, INC.
BAY LANDFILLS, INC.
BAY LEASING COMPANY, INC.
D-2
BBCO, INC.
BELLEVILLE LANDFILL, INC.
BERKELEY SANITARY SERVICE, INC.
BFGSI, L.L.C.
BFI ATLANTIC, INC.
BFI ENERGY SYSTEMS OF ALBANY, INC.
BFI ENERGY SYSTEMS OF DELAWARE COUNTY, INC.
BFI ENERGY SYSTEMS OF ESSEX COUNTY, INC.
BFI ENERGY SYSTEMS OF HEMPSTEAD, INC.
BFI ENERGY SYSTEMS OF NIAGARA II, INC.
BFI ENERGY SYSTEMS OF NIAGARA, INC.
BFI ENERGY SYSTEMS OF SEMASS, INC.
BFI ENERGY SYSTEMS OF SOUTHEASTERN CONNECTICUT, INC.
BFI REF-FUEL, INC.
BFI TRANS RIVER (GP), INC.
BFI TRANSFER SYSTEMS OF ALABAMA, LLC
BFI TRANSFER SYSTEMS OF DC, LLC
BFI TRANSFER SYSTEMS OF GEORGIA, LLC
BFI TRANSFER SYSTEMS OF MARYLAND, LLC
BFI TRANSFER SYSTEMS OF MASSACHUSETTS, LLC
BFI TRANSFER SYSTEMS OF MISSISSIPPI, LLC
BFI TRANSFER SYSTEMS OF NEW JERSEY, INC.
BFI TRANSFER SYSTEMS OF PENNSYLVANIA, LLC
BFI TRANSFER SYSTEMS OF VIRGINIA, LLC
BFI WASTE SERVICES OF PENNSYLVANIA, LLC
BFI WASTE SERVICES OF TENNESSEE, LLC
BFI WASTE SERVICES, LLC
BFI WASTE SYSTEMS OF ALABAMA, LLC
BFI WASTE SYSTEMS OF ARKANSAS, LLC
BFI WASTE SYSTEMS OF GEORGIA, LLC
BFI WASTE SYSTEMS OF KENTUCKY, LLC
BFI WASTE SYSTEMS OF LOUISIANA, LLC
BFI WASTE SYSTEMS OF MASSACHUSETTS, LLC
BFI WASTE SYSTEMS OF MISSISSIPPI, LLC
BFI WASTE SYSTEMS OF MISSOURI, LLC
BFI WASTE SYSTEMS OF NEW JERSEY, INC.
BFI WASTE SYSTEMS OF NORTH AMERICA, LLC
BFI WASTE SYSTEMS OF NORTH CAROLINA, LLC
BFI WASTE SYSTEMS OF OKLAHOMA, LLC
BFI WASTE SYSTEMS OF SOUTH CAROLINA, LLC
BFI WASTE SYSTEMS OF TENNESSEE, LLC
BFI WASTE SYSTEMS OF VIRGINIA, LLC
BIO-MED OF OREGON, INC.
BLT ENTERPRISES OF OXNARD, INC.
BOND COUNTY LANDFILL, INC.
BORREGO LANDFILL, INC.
BORROW PIT CORP.
BRICKYARD DISPOSAL & RECYCLING, INC.
BRIDGETON LANDFILL, LLC
BRIDGETON TRANSFER STATION, LLC
D-3
BROWNING-FERRIS INDUSTRIES CHEMICAL SERVICES, INC.
BROWNING-FERRIS INDUSTRIES OF CALIFORNIA, INC.
BROWNING-FERRIS INDUSTRIES OF FLORIDA, INC.
BROWNING-FERRIS INDUSTRIES OF ILLINOIS, INC.
BROWNING-FERRIS INDUSTRIES OF NEW JERSEY, INC.
BROWNING-FERRIS INDUSTRIES OF NEW YORK, INC.
BROWNING-FERRIS INDUSTRIES OF OHIO, INC.
BROWNING-FERRIS INDUSTRIES OF TENNESSEE, INC.
BROWNING-FERRIS INDUSTRIES, INC.
BROWNING-FERRIS INDUSTRIES, LLC
BROWNING-FERRIS SERVICES, INC.
BROWNING-FERRIS, INC.
BRUNSWICK WASTE MANAGEMENT FACILITY, LLC
BUNTING TRASH SERVICE, INC.
BUTLER COUNTY LANDFILL, LLC
C & C EXPANDED SANITARY LANDFILL, LLC
CACTUS WASTE SYSTEMS, LLC
CALVERT TRASH SYSTEMS, INCORPORATED
CAPITOL RECYCLING AND DISPOSAL, INC.
CARBON LIMESTONE LANDFILL, LLC
CC LANDFILL, INC.
CECOS INTERNATIONAL, INC.
CELINA LANDFILL, INC.
CENTRAL ARIZONA TRANSFER, INC.
CENTRAL SANITARY LANDFILL, INC.
CENTRAL VIRGINIA PROPERTIES, LLC
CHARTER EVAPORATION RESOURCE RECOVERY SYSTEMS
CHEROKEE RUN LANDFILL, INC.
CHILTON LANDFILL, LLC
CITIZENS DISPOSAL, INC.
CITY-STAR SERVICES, INC.
CLARKSTON DISPOSAL, INC.
COCOPAH LANDFILL, INC.
COMPACTOR RENTAL SYSTEMS OF DELAWARE, INC.
CONSOLIDATED DISPOSAL SERVICE, L.L.C.
CONTINENTAL WASTE INDUSTRIES, L.L.C.
COPPER MOUNTAIN LANDFILL, INC.
CORVALLIS DISPOSAL CO.
COUNTY DISPOSAL (OHIO), INC.
COUNTY DISPOSAL, INC.
COUNTY ENVIRONMENTAL LANDFILL, LLC
COUNTY LAND DEVELOPMENT LANDFILL, LLC
COUNTY LANDFILL, INC.
COURTNEY RIDGE LANDFILL, LLC
CRESCENT ACRES LANDFILL, LLC
CROCKETT SANITARY SERVICE, INC.
CUMBERLAND COUNTY DEVELOPMENT COMPANY, LLC
CWI OF ILLINOIS, INC.
CWI OF MISSOURI, INC.
D & L DISPOSAL, L.L.C.
D-4
DALLAS DISPOSAL CO.
DELTA CONTAINER CORPORATION
DELTA DADE RECYCLING CORP.
DELTA PAPER STOCK, CO.
DELTA RESOURCES CORP.
DELTA SITE DEVELOPMENT CORP.
DELTA WASTE CORP.
DEMPSEY WASTE SYSTEMS II, INC.
DENVER RL NORTH, INC.
DTC MANAGEMENT, INC.
E LEASING COMPANY, LLC
EAGLE INDUSTRIES LEASING, INC.
EAST CHICAGO COMPOST FACILITY, INC.
ECDC ENVIRONMENTAL OF HUMBOLDT COUNTY, INC.
ECDC ENVIRONMENTAL, L.C.
ECDC HOLDINGS, INC.
ELDER CREEK TRANSFER & RECOVERY, INC.
ELLIS SCOTT LANDFILL MO, LLC
ENVIROCYCLE, INC.
ENVIRONMENTAL DEVELOPMENT CORP.
ENVIRONMENTAL RECLAMATION COMPANY
ENVIRONTECH, INC.
ENVOTECH-ILLINOIS L.L.C.
EVERGREEN SCAVENGER SERVICE, INC.
EVERGREEN SCAVENGER SERVICE, L.L.C.
F. P. MCNAMARA RUBBISH REMOVAL, INC.
FLINT HILL ROAD, LLC
FLL, INC.
FOREST VIEW LANDFILL, LLC
FORWARD, INC.
FRED BARBARA TRUCKING CO., INC.
FRONTIER WASTE SERVICES (COLORADO), LLC
FRONTIER WASTE SERVICES (UTAH), LLC
FRONTIER WASTE SERVICES OF LOUISIANA L.L.C.
G. VAN DYKEN DISPOSAL INC.
GATEWAY LANDFILL, LLC
GEK, INC.
GENERAL REFUSE ROLLOFF CORP.
GENERAL REFUSE SERVICE OF OHIO, L.L.C.
GEORGIA RECYCLING SERVICES, INC.
GOLDEN BEAR TRANSFER SERVICES, INC.
GOLDEN WASTE DISPOSAL, INC.
GRANTS PASS SANITATION, INC.
GREAT LAKES DISPOSAL SERVICE, INC.
GREAT PLAINS LANDFILL OK, LLC
GREENRIDGE RECLAMATION, LLC
GREENRIDGE WASTE SERVICES, LLC
GULFCOAST WASTE SERVICE, INC.
HANCOCK COUNTY DEVELOPMENT COMPANY, LLC
HARLANDS SANITARY LANDFILL, INC.
D-5
HARRISON COUNTY LANDFILL, LLC
HONEYGO RUN RECLAMATION CENTER, INC.
ILLINOIS LANDFILL, INC.
ILLINOIS RECYCLING SERVICES, INC.
ILLINOIS VALLEY RECYCLING, INC.
IMPERIAL LANDFILL, INC.
INDEPENDENT TRUCKING COMPANY
INGRUM WASTE DISPOSAL, INC.
INTERNATIONAL DISPOSAL CORP. OF CALIFORNIA
ISLAND WASTE SERVICES LTD.
JACKSON COUNTY LANDFILL, LLC
JEFFERSON CITY LANDFILL, LLC
JEFFERSON PARISH DEVELOPMENT COMPANY, LLC
JETTER DISPOSAL, INC.
KANDEL ENTERPRISES, LLC
KANKAKEE QUARRY, INC.
KELLER CANYON LANDFILL COMPANY
KELLER DROP BOX, INC.
LA CAÑADA DISPOSAL COMPANY, INC.
LAKE NORMAN LANDFILL, INC.
LANDCOMP CORPORATION
LATHROP SUNRISE SANITATION CORPORATION
LEE COUNTY LANDFILL SC, LLC
LEE COUNTY LANDFILL, INC.
LEMONS LANDFILL, LLC
LIBERTY WASTE HOLDINGS, INC.
LIBERTY WASTE SERVICES LIMITED, L.L.C.
LIBERTY WASTE SERVICES OF ILLINOIS, L.L.C.
LIBERTY WASTE SERVICES OF MCCOOK, L.L.C.
LITTLE CREEK LANDING, LLC
LOCAL SANITATION OF ROWAN COUNTY, L.L.C.
LOOP RECYCLING, INC.
LOOP TRANSFER, INCORPORATED
LORAIN COUNTY LANDFILL, LLC
LOUIS PINTO & SON, INC., SANITATION CONTRACTORS
LUCAS COUNTY LAND DEVELOPMENT, INC.
LUCAS COUNTY LANDFILL, LLC
MADISON COUNTY DEVELOPMENT, LLC
MANUMIT OF FLORIDA, INC.
MCCUSKER RECYCLING, INC.
MCINNIS WASTE SYSTEMS, INC.
MENANDS ENVIRONMENTAL SOLUTIONS, LLC
MESA DISPOSAL, INC.
MIDWAY DEVELOPMENT COMPANY, INC.
MISSISSIPPI WASTE PAPER COMPANY
MISSOURI CITY LANDFILL, LLC
MOUNTAIN HOME DISPOSAL, INC.
N LEASING COMPANY, LLC
NATIONSWASTE CATAWBA REGIONAL LANDFILL, INC.
NATIONSWASTE, INC.
D-6
NCORP, INC.
NEW MORGAN LANDFILL COMPANY, INC.
NEW YORK WASTE SERVICES, LLC
NEWCO WASTE SYSTEMS OF NEW JERSEY, INC.
NOBLE ROAD LANDFILL, INC.
NORTHEAST LANDFILL, LLC
NORTHLAKE TRANSFER, INC.
NORTHWEST TENNESSEE DISPOSAL CORPORATION
OAKLAND HEIGHTS DEVELOPMENT, INC.
OBSCURITY LAND DEVELOPMENT, LLC
OHIO REPUBLIC CONTRACTS, II, INC.
OHIO REPUBLIC CONTRACTS, INC.
OKLAHOMA CITY LANDFILL, L.L.C.
OSCARS COLLECTION SYSTEM OF FREMONT, INC.
OTAY LANDFILL, INC.
OTTAWA COUNTY LANDFILL, INC.
PACKERTON LAND COMPANY, L.L.C.
PALOMAR TRANSFER STATION, INC.
PELTIER REAL ESTATE COMPANY
PERDOMO & SONS, INC.
PINAL COUNTY LANDFILL CORP.
PINECREST LANDFILL OK, LLC
PITTSBURG COUNTY LANDFILL, INC.
POLK COUNTY LANDFILL, LLC
PORT CLINTON LANDFILL, INC.
PORTABLE STORAGE CO.
PREBLE COUNTY LANDFILL, INC.
PRICE & SONS RECYCLING COMPANY
PRINCE GEORGES COUNTY LANDFILL, LLC
R.C. MILLER ENTERPRISES, INC.
R.C. MILLER REFUSE SERVICE INC.
RABANCO RECYCLING, INC.
RABANCO, LTD.
RAMONA LANDFILL, INC.
RCS, INC.
RELIABLE DISPOSAL, INC.
REPUBLIC DUMPCO, INC.
REPUBLIC ENVIRONMENTAL TECHNOLOGIES, INC.
REPUBLIC OHIO CONTRACTS, LLC
REPUBLIC SERVICES AVIATION, INC.
REPUBLIC SERVICES ENVIRONMENTAL, LLC
REPUBLIC SERVICES FINANCIAL LP, INC.
REPUBLIC SERVICES GROUP, LLC
REPUBLIC SERVICES HOLDING COMPANY, INC.
REPUBLIC SERVICES OF ARIZONA HAULING, LLC
REPUBLIC SERVICES OF CALIFORNIA HOLDING COMPANY, INC.
REPUBLIC SERVICES OF CALIFORNIA II, LLC
REPUBLIC SERVICES OF COLORADO HAULING, LLC
REPUBLIC SERVICES OF COLORADO I, LLC
REPUBLIC SERVICES OF FLORIDA GP, INC.
D-7
REPUBLIC SERVICES OF FLORIDA LP, INC.
REPUBLIC SERVICES OF GEORGIA GP, LLC
REPUBLIC SERVICES OF GEORGIA LP, LLC
REPUBLIC SERVICES OF INDIANA LP, INC.
REPUBLIC SERVICES OF INDIANA TRANSPORTATION, LLC
REPUBLIC SERVICES OF KENTUCKY, LLC
REPUBLIC SERVICES OF MICHIGAN HAULING, LLC
REPUBLIC SERVICES OF MICHIGAN HOLDING COMPANY, INC.
REPUBLIC SERVICES OF MICHIGAN I, LLC
REPUBLIC SERVICES OF MICHIGAN II, LLC
REPUBLIC SERVICES OF MICHIGAN III, LLC
REPUBLIC SERVICES OF MICHIGAN IV, LLC
REPUBLIC SERVICES OF MICHIGAN V, LLC
REPUBLIC SERVICES OF NEW JERSEY, LLC
REPUBLIC SERVICES OF NORTH CAROLINA, LLC
REPUBLIC SERVICES OF OHIO HAULING, LLC
REPUBLIC SERVICES OF OHIO I, LLC
REPUBLIC SERVICES OF OHIO II, LLC
REPUBLIC SERVICES OF OHIO III, LLC
REPUBLIC SERVICES OF OHIO IV, LLC
REPUBLIC SERVICES OF PENNSYLVANIA, LLC
REPUBLIC SERVICES OF SOUTH CAROLINA, LLC
REPUBLIC SERVICES OF SOUTHERN CALIFORNIA, LLC
REPUBLIC SERVICES OF VIRGINIA, LLC
REPUBLIC SERVICES OF WISCONSIN GP, LLC
REPUBLIC SERVICES OF WISCONSIN LP, LLC
REPUBLIC SERVICES REAL ESTATE HOLDING, INC.
REPUBLIC SERVICES VASCO ROAD, LLC
REPUBLIC SILVER STATE DISPOSAL, INC.
REPUBLIC WASTE SERVICES OF SOUTHERN CALIFORNIA, LLC
REPUBLIC WASTE SERVICES OF TEXAS GP, INC.
REPUBLIC WASTE SERVICES OF TEXAS LP, INC.
RESOURCE RECOVERY, INC.
RI/ALAMEDA CORP.
RICHMOND SANITARY SERVICE, INC.
RISK SERVICES, INC.
RITM, LLC
ROCK ROAD INDUSTRIES, INC.
ROSS BROS. WASTE & RECYCLING CO.
ROSSMAN SANITARY SERVICE, INC.
ROXANA LANDFILL, INC.
ROYAL HOLDINGS, INC.
RUBBISH CONTROL, LLC
S & S RECYCLING, INC.
S LEASING COMPANY, LLC
SALINE COUNTY LANDFILL, INC.
SAN DIEGO LANDFILL SYSTEMS, LLC
SAN MARCOS NCRRF, INC.
SAND VALLEY HOLDINGS, L.L.C.
SANDY HOLLOW LANDFILL CORP.
D-8
SANGAMON VALLEY LANDFILL, INC.
SANITARY DISPOSAL SERVICE, INC.
SAUK TRAIL DEVELOPMENT, INC.
SCHOFIELD CORPORATION OF ORLANDO
SHOW-ME LANDFILL, LLC
SHRED ALL RECYCLING SYSTEMS INC.
SOLANO GARBAGE COMPANY
SOURCE RECYCLING, INC.
SOUTHEAST LANDFILL, LLC
SOUTHERN ILLINOIS REGIONAL LANDFILL, INC.
ST. BERNARD PARISH DEVELOPMENT COMPANY, LLC
ST. JOSEPH LANDFILL, LLC
STANDARD DISPOSAL SERVICES, INC.
STANDARD ENVIRONMENTAL SERVICES, INC.
STANDARD WASTE, INC.
STREATOR AREA LANDFILL, INC.
SUBURBAN TRANSFER, INC.
SUBURBAN WAREHOUSE, INC.
SUMMIT WASTE SYSTEMS, INC.
SUNRISE SANITATION SERVICE, INC.
SUNSET DISPOSAL SERVICE, INC.
SUNSET DISPOSAL, INC.
SYCAMORE LANDFILL, INC.
TATES TRANSFER SYSTEMS, INC.
TAY-BAN CORPORATION
TAYLOR RIDGE LANDFILL, INC.
TENNESSEE UNION COUNTY LANDFILL, INC.
THE ECOLOGY GROUP, INC.
THOMAS DISPOSAL SERVICE, INC.
TOM LUCIANOS DISPOSAL SERVICE, INC.
TOTAL ROLL-OFFS, L.L.C.
TOTAL SOLID WASTE RECYCLERS, INC.
TRICIL (N.Y.), INC.
TRI-COUNTY REFUSE SERVICE, INC.
TRI-STATE RECYCLING SERVICES, INC.
TRI-STATE REFUSE CORPORATION
UNITED DISPOSAL SERVICE, INC.
UPPER ROCK ISLAND COUNTY LANDFILL, INC.
VALLEY LANDFILLS, INC.
VINING DISPOSAL SERVICE, INC.
WASATCH REGIONAL LANDFILL, INC.
WASTE CONTROL SYSTEMS, INC.
WASTE SERVICES OF NEW YORK, INC.
WASTEHAUL, INC.
WAYNE COUNTY LAND DEVELOPMENT, LLC
WAYNE COUNTY LANDFILL IL, INC.
WAYNE DEVELOPERS, LLC
WDTR, INC.
WEBSTER PARISH LANDFILL, L.L.C.
WEST CONTRA COSTA ENERGY RECOVERY COMPANY
D-9
WEST CONTRA COSTA SANITARY LANDFILL, INC.
WEST COUNTY LANDFILL, INC.
WEST COUNTY RESOURCE RECOVERY, INC.
WILLAMETTE RESOURCES, INC.
WILLIAMS COUNTY LANDFILL INC.
WILLOW RIDGE LANDFILL, LLC
WJR ENVIRONMENTAL, INC.
WOODLAKE SANITARY SERVICE, INC.
ZAKAROFF SERVICES
ABILENE LANDFILL TX, LP
BFI TRANSFER SYSTEMS OF TEXAS, LP
BFI WASTE SERVICES OF INDIANA, LP
BFI WASTE SERVICES OF TEXAS, LP
BFI WASTE SYSTEMS OF INDIANA, LP
BLUE RIDGE LANDFILL TX, LP
BRENHAM TOTAL ROLL-OFFS, LP
CAMELOT LANDFILL TX, LP
CEFE LANDFILL TX, LP
CROW LANDFILL TX, L.P.
DESARROLLO DEL RANCHO LA GLORIA TX, LP
EL CENTRO LANDFILL, L.P.
ELLIS COUNTY LANDFILL TX, LP
FORT WORTH LANDFILL TX, LP
FRONTIER WASTE SERVICES, L.P.
GALVESTON COUNTY LANDFILL TX, LP
GILES ROAD LANDFILL TX, LP
GOLDEN TRIANGLE LANDFILL TX, LP
GREENWOOD LANDFILL TX, LP
GULF WEST LANDFILL TX, LP
ITASCA LANDFILL TX, LP
KERRVILLE LANDFILL TX, LP
LEWISVILLE LANDFILL TX, LP
MARS ROAD TX, LP
MCCARTY ROAD LANDFILL TX, LP
MESQUITE LANDFILL TX, LP
MEXIA LANDFILL TX, LP
PANAMA ROAD LANDFILL, TX, L.P.
PINE HILL FARMS LANDFILL TX, LP
PLEASANT OAKS LANDFILL TX, LP
RIO GRANDE VALLEY LANDFILL TX, LP
ROYAL OAKS LANDFILL TX, LP
SOUTH CENTRAL TEXAS LAND CO. TX, LP
SOUTHWEST LANDFILL TX, LP
TESSMAN ROAD LANDFILL TX, LP
TURKEY CREEK LANDFILL TX, LP
VICTORIA LANDFILL TX, LP
WHISPERING PINES LANDFILL TX, LP
BENTON COUNTY DEVELOPMENT COMPANY
CLINTON COUNTY LANDFILL PARTNERSHIP
COUNTY LINE LANDFILL PARTNERSHIP
D-10
ILLIANA DISPOSAL PARTNERSHIP
JASPER COUNTY DEVELOPMENT COMPANY PARTNERSHIP
KEY WASTE INDIANA PARTNERSHIP
LAKE COUNTY C & D DEVELOPMENT PARTNERSHIP
NEWTON COUNTY LANDFILL PARTNERSHIP
SPRINGFIELD ENVIRONMENTAL GENERAL PARTNERSHIP
TIPPECANOE COUNTY WASTE SERVICES PARTNERSHIP
WARRICK COUNTY DEVELOPMENT COMPANY
BENSON VALLEY LANDFILL GENERAL PARTNERSHIP
BLUE RIDGE LANDFILL GENERAL PARTNERSHIP
GREEN VALLEY LANDFILL GENERAL PARTNERSHIP
MOREHEAD LANDFILL GENERAL PARTNERSHIP
REPUBLIC WASTE SERVICES OF TEXAS, LTD.
RWS TRANSPORT, L.P.
BFI ENERGY SYSTEMS OF SOUTHEASTERN CONNECTICUT, LIMITED PARTNERSHIP
OCEANSIDE WASTE & RECYCLING SERVICES
RABANCO COMPANIES
REPUBLIC SERVICES FINANCIAL, LIMITED PARTNERSHIP
REPUBLIC SERVICES OF FLORIDA, LIMITED PARTNERSHIP
REPUBLIC SERVICES OF GEORGIA, LIMITED PARTNERSHIP
REPUBLIC SERVICES OF INDIANA, LIMITED PARTNERSHIP
REPUBLIC SERVICES OF WISCONSIN, LIMITED PARTNERSHIP
DINVERNO, INC.
D-11
EXHIBIT E
Arbor Hills Holdings L.L.C.
BFGSI Series 1997-A Trust
BFI Energy Systems of Boston, Inc.
BFI Energy Systems of Plymouth, Inc.
BFI Services Group, Inc.
BFI Trans River (LP), Inc.
Browning-Ferris Industries Asia Pacific, Inc.
Browning-Ferris Industries Europe, Inc.
Champlin Refuse, Inc.
Congress Development Co.
Consolidated Processing, Inc.
Continental Waste Industries Gary, Inc.
EcoSort, L.L.C.
Evergreen National Indemnity Company
Foothill Sanitary Landfill, Inc.
Kent-Meridian Disposal Company
Marion Resource Recovery Facility, LLC
Minneapolis Refuse, Incorporated
Modern-Mallard Energy, LLC
Pine Bend Holdings L.L.C.
Prichard Landfill Corporation
Roosevelt Associates
VHG, Inc.
Warner Hill Development Company
E-1
exv4w1
Exhibit 4.1
REPUBLIC SERVICES, INC.
to
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
as Trustee
GUARANTEED
BY THE GUARANTORS NAMED HEREIN
SECOND SUPPLEMENTAL INDENTURE,
Dated as of May 9, 2011
$700,000,000
3.800% Notes due 2018
Supplement to Indenture dated as of September 8, 2009
1
SECOND SUPPLEMENTAL INDENTURE, dated as of May 9, 2011 (the Second Supplemental Indenture),
between REPUBLIC SERVICES, INC., a Delaware corporation (hereinafter called the Company), the
guarantors listed on the signature pages hereto (collectively, the Guarantors and each, a
Guarantor), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as trustee under the Base
Indenture referred to below (hereinafter called the Trustee).
WHEREAS, the Company entered into an Indenture dated as of September 8, 2009 (the Base
Indenture, all capitalized terms used in this Second Supplemental Indenture and not otherwise
defined being used as defined in the Base Indenture) (the Base Indenture and Second Supplemental
Indenture are hereinafter collectively called the Indenture) with the Trustee, providing for (i)
the issuance of senior debt securities, unlimited as to principal amount, to bear such rates of
interest, to mature at such time or times, to be issued in one or more series and to have such
other provisions as authorized by or pursuant to the authority granted in one or more resolutions
of the Board of Directors of the Company and (ii) the guarantee of such senior debt securities by
guarantors to be named in a supplemental indenture (collectively, the Guarantees and each, a
Guarantee); and
WHEREAS, the Company proposes to issue $700,000,000 aggregate principal amount of its 3.800%
Notes due 2018 guaranteed by the Guarantors (such notes being referred to herein as the Notes and
all references to Securities in the Base Indenture shall be deemed to refer also to the Notes
unless the context otherwise provides); and
WHEREAS, Section 9.01 of the Base Indenture provides that without the consent of the Holders
of the Securities of any series issued under the Base Indenture, the Company, when authorized by a
Board Resolution, and the Trustee may enter into one or more indentures supplemental to the Base
Indenture to, among other things, establish the form or terms of securities of any series as
permitted by Sections 2.01 and 3.01 thereof and provide for Guarantees of such series as provided
by Section 13.01 thereof; and
WHEREAS, the entry into this Second Supplemental Indenture by the parties hereto is in all
respects authorized by the provisions of the Base Indenture; and
WHEREAS, all things necessary have been done to make this Second Supplemental Indenture, when
executed and delivered by the Company and the Guarantors, the legal, valid and binding agreement of
the Company and the Guarantors, in accordance with its terms; and
WHEREAS, all things necessary have been done to make the Notes, when executed and delivered by
the Company and authenticated by the Trustee as provided for in the Indenture, the legal, valid and
binding agreement of the Company, in accordance with its terms; and
WHEREAS, all things necessary have been done to make the Guarantees, when (a) the Notes are
executed and delivered by the Company and authenticated by the Trustee and (b) this Second
Supplemental Indenture is executed and delivered by the Guarantors, the legal, valid and binding
agreement of the Guarantors, in accordance with their terms; and
-1-
NOW, THEREFORE, THIS SECOND SUPPLEMENTAL INDENTURE WITNESSETH:
The parties hereto mutually covenant and agree as follows:
SECTION 1. The Base Indenture is hereby amended solely with respect to the Notes, except as
otherwise expressly provided herein, as follows:
|
(A) |
|
By amending Section 1.01 to replace in whole the following
definitions thereto in lieu of the corresponding existing definitions, so that
in the event of a conflict with the definition of terms in the Base Indenture,
the following definitions shall control: |
Independent Investment Banker means any of Barclays Capital Inc., J.P. Morgan
Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated or RBS Securities
Inc. and their respective successors, or if all of such firms are unwilling or
unable to select the Comparable Treasury Issue, an independent investment banking
institution of national standing appointed by the Company.
Moodys means Moodys Investors Service, Inc., a subsidiary of Moodys
Corporation, and its successors.
Reference Treasury Dealer means (1) each of Barclays Capital Inc., J.P.
Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBS
Securities Inc. and their respective successors, provided, however, that if any of
the foregoing shall cease to be a primary U.S. Government securities dealer (a
Primary Treasury Dealer), the Company will substitute for such bank another
Primary Treasury Dealer and (2) any other Primary Treasury Dealer selected by the
Independent Investment Banker after consultation with the Company.
S&P means Standard & Poors Ratings Services, a division of The McGraw-Hill
Companies, Inc., and its successors.
|
(B) |
|
By amending Section 1.01 to add the following new definitions
in correct alphabetical order: |
Change of Control means the occurrence of any of the following after the date
of issuance of the Notes:
1. the direct or indirect sale, lease, transfer, conveyance or other
disposition (other than by way of merger or consolidation), in one or a
series of related transactions, of all or substantially all of the assets of
the Company and its Subsidiaries taken as a whole to any person or group
(as those terms are used in Section 13(d)(3) of the Exchange Act) other than
to the Company or one of its Subsidiaries;
-2-
2. the consummation of any transaction (including, without limitation, any
merger or consolidation) the result of which is that any person or group
(as those terms are used in Section 13(d)(3) of the Exchange Act, it being
agreed that an employee of the Company or any of its Subsidiaries for whom
shares are held under an employee stock ownership, employee retirement,
employee savings or similar plan and whose shares are voted in accordance
with the instructions of such employee shall not be a member of a group
(as that term is used in Section 13(d)(3) of the Exchange Act) solely
because such employees shares are held by a trustee under said plan)
becomes the beneficial owner (as defined in Rules 13d-3 and 13d-5 under
the Exchange Act), directly or indirectly, of the Companys Voting Stock
representing more than 50% of the voting power of its outstanding Voting
Stock;
3. the Company consolidates with, or merges with or into, any Person, or any
Person consolidates with, or merges with or into, the Company, in any such
event pursuant to a transaction in which any of the Companys outstanding
Voting Stock or Voting Stock of such other Person is converted into or
exchanged for cash, securities or other property, other than any such
transaction where the Companys Voting Stock outstanding immediately prior
to such transaction constitutes, or is converted into or exchanged for,
Voting Stock representing more than 50% of the voting power of the Voting
Stock of the surviving Person immediately after giving effect to such
transaction;
4. during any period of 24 consecutive calendar months, the majority of the
members of the Companys Board of Directors shall no longer be composed of
individuals (a) who were members of the Companys Board of Directors on the
first day of such period or (b) whose election or nomination to the
Companys Board of Directors was approved by individuals referred to in
clause (a) above constituting, at the time of such election or nomination,
at least a majority of the Companys Board of Directors or, if directors are
nominated by a committee of the Companys Board of Directors, constituting
at the time of such nomination, at least a majority of such committee; or
5. the adoption of a plan relating to the Companys liquidation or
dissolution.
Change of Control Triggering Event means, with respect to the Notes, the
Notes cease to be rated Investment Grade by each of the Rating Agencies on any date
during the period (the Trigger Period) commencing 60 days prior to the first
public announcement by the Company of any Change of Control (or pending Change of
Control) and ending 60 days following consummation of such Change of Control (which
Trigger Period will be extended following consummation of a Change of Control for so
long as any of the Rating Agencies
-3-
has publicly announced that it is considering a possible ratings change). If a
Rating Agency is not providing a rating for the Notes at the commencement of any
Trigger Period, the Notes will be deemed to have ceased to be rated Investment Grade
by such Rating Agency during that Trigger Period. Notwithstanding the foregoing, no
Change of Control Triggering Event will be deemed to have occurred in connection
with any particular Change of Control unless and until such Change of Control has
actually been consummated.
Investment Grade means a rating of Baa3 or better by Moodys (or its
equivalent under any successor rating category of Moodys) and a rating of BBB- or
better by S&P (or its equivalent under any successor rating category of S&P), and
the equivalent investment grade credit rating from any replacement rating agency or
rating agencies selected by the Company under the circumstances permitting the
Company to select a replacement agency and in the manner for selecting a replacement
agency, in each case as set forth in the definition of Rating Agency.
Notes has the meaning set forth in the Recitals.
Rating Agency means each of Moodys and S&P; provided, that if any of Moodys
or S&P ceases to rate the Notes or fails to make a rating of the Notes publicly
available for reasons outside the Companys control, the Company may appoint another
nationally recognized statistical rating organization within the meaning of Rule
15c3-1(c)(2)(vi)(F) under the Exchange Act as a replacement for such Rating Agency;
provided, that the Company shall give notice of such appointment to the Trustee.
Voting Stock of any specified Person as of any date means the capital stock
of such Person that is at the time entitled to vote generally in the election of the
board of directors of such Person.
|
(C) |
|
By amending Section 4.01 by adding the following sentence at
the end of thereof: |
|
|
|
|
Both Section 4.02 (defeasance) and Section 4.03 (covenant defeasance) shall
apply to the Notes. |
|
|
(D) |
|
By replacing Section 4.03 in its entirety with the following: |
Upon the Companys exercise of the option applicable to this Section
4.03 with respect to the Notes, the Company shall be released from its
obligations under any covenant or provision contained or referred to in
Sections 10.05, 10.06, 10.07 and 14.01, with respect to the Defeased
Securities, on and after the date the conditions set forth in Section 4.04
below are satisfied (hereinafter, covenant defeasance), and the Defeased
Securities shall thereafter be deemed to be not Outstanding for the
-4-
purposes of any direction, waiver, consent or declaration or Act of Holders
(and the consequences of any thereof) in connection with such covenants, but
shall continue to be deemed Outstanding for all other purposes hereunder,
and the Events of Default under Section 5.01(c), (d) and (e) shall cease to
be in full force and effect with respect to the Notes. For this purpose,
such covenant defeasance means that, with respect to the Defeased
Securities, the Company may omit to comply with and shall have no liability
in respect of any term, condition or limitation set forth in any such
Section, whether directly or indirectly, by reason of any reference
elsewhere herein to any such Section or by reason of reference in any such
Section to any other provision herein or in any other document and such
omission to comply shall not constitute a Default or an Event of Default
under Section 5.01(c), (d) and (e) but, except as specified above, the
remainder of this Indenture and such Defeased Securities shall be unaffected
thereby.
|
(E) |
|
By amending Section 9.01 by: |
|
(a) |
|
deleting the period at the end of clause (m)
and inserting the following: ; and; and |
|
|
(b) |
|
inserting the following clause after clause
(m): |
|
|
|
|
(n) to add additional Securities of the same class and series in one
or more tranches from time to time. |
|
(F) |
|
By amending Section 9.02 by: |
|
(a) |
|
adding the words and the Guarantors, in
between the words Company and the word when in the fourth line of
the Section; |
|
|
(b) |
|
deleting the word or at the end of clause
(j); |
|
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(c) |
|
deleting the period at the end of clause (k)
and inserting the following: ; or; and |
|
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(d) |
|
inserting the following clause after clause
(k): |
(l) amend, change or modify the Companys obligation to make and consummate
a Change of Control Offer in the event of a Change of Control Triggering
Event in accordance with Section 14.01 after such Change of Control
Triggering Event has occurred, including amending, changing or modifying any
definition related thereto.
-5-
|
(G) |
|
By inserting after the first sentence in Section 3.01 the following: |
|
|
|
|
The aggregate principal amount of Notes which may be issued under this
Indenture shall be unlimited and the Company may issue additional notes of
the same class and series as the Notes (the Additional Notes) in one or
more tranches from time to time, without notice to or the consent of
existing Holders of the Securities of any series, including the Notes. The
Additional Notes shall have the same terms as all other Notes and all
references in the Indenture shall be deemed to also refer to the Additional
Notes. The Additional Notes shall vote as a class with all other Notes as
to matters as to which such Notes have a vote. |
|
|
(H) |
|
By replacing Section 11.01 in its entirety with the following: |
|
(a) |
|
The Notes will be redeemable, as a whole or in
part, at the option of the Company, at any time or from time to time,
at a redemption price equal to the greater of: |
|
|
(1) |
|
100% of the principal amount of the Notes to be
redeemed, and |
|
|
(2) |
|
the sum of the present values of the remaining
scheduled payments of principal and interest on the Notes to be
redeemed discounted to the date of redemption on a semi-annual basis
(assuming a 360-day year consisting of twelve 30-day months) at the
applicable Treasury Rate, plus 20 basis points. |
|
|
|
In the case of each of clauses (1) and (2),
accrued and unpaid interest will be payable to the redemption date. |
|
|
(I) |
|
By adding as a new Article XIV thereto the following: |
Article XIV
Repurchase of Notes at the Option of the Holders
Section 14.01. REPURCHASE AT OPTION OF HOLDERS UPON A CHANGE OF CONTROL
(a) Upon the occurrence of a Change of Control Triggering Event with
respect to the Notes, unless the Company has exercised its right to redeem
the Notes pursuant to Article XI of the Indenture, each Holder of Notes
shall have the right to require the Company to purchase all or a portion
(equal to $2,000 or an integral multiple of $1,000 in excess thereof) of
such Holders Notes pursuant to the offer described below (the Change of
Control Offer), at a purchase price equal to 101% of the principal amount
thereof plus accrued and unpaid interest, if any, to the date of purchase
(the Change of Control Payment), subject to the rights
-6-
of Holders on the relevant Regular Record Date to receive interest due on
the relevant Interest Payment Date.
(b) Within 30 days following the date upon which the Change of Control
Triggering Event occurred with respect to the Notes, or at the Companys
option, prior to any Change of Control but after the public announcement of
the pending Change of Control, the Company will be required to send, by
first class mail, a notice to each Holder of Notes, with a copy to the
Trustee, which notice shall govern the terms of the Change of Control Offer.
Such notice shall state:
|
(i) |
|
the events causing the Change of Control; |
|
|
(ii) |
|
the date of the Change of Control; |
|
|
(iii) |
|
the amount of the Change of Control Payment; |
|
|
(iv) |
|
that the Holder must exercise the
repurchase right prior to the close of business on the purchase
date, which must be no earlier than 30 days nor later than 60
days from the date such notice is mailed, other than as may be
required by law (the Change of Control Payment Date); |
|
|
(v) |
|
if the notice is mailed prior to
any Change of Control but after the public announcement of the
pending Change of Control, that the offer is conditioned on the
Change of Control being consummated on or prior to the Change of
Control Payment Date; |
|
|
(vi) |
|
the name and address of the
Paying Agent; |
|
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(vii) |
|
that the Holder must complete
the Change of Control Repurchase Notice (as defined below) to
participate in the Change of Control Offer; and |
|
|
(viii) |
|
any other procedures that Holders must follow to require the
Company to repurchase the Notes. |
(c) Repurchases of Notes under this Section 14.01 shall be made, at the
option of the Holder thereof, upon
|
(i) |
|
delivery to the Trustee (or other
Paying Agent appointed by the Company) by a Holder of a duly
completed notice (the Change of Control Repurchase Notice) in
the form set
|
-7-
|
|
|
forth on the reverse of the Note at any time prior 5:00 p.m.,
New York City Time, on the Change of Control Payment Date; or |
|
|
(ii) |
|
delivery or book-entry transfer
of the Notes to the Trustee (or other Paying Agent appointed by
the Company) at any time after delivery of the Change of Control
Repurchase Notice (together with all necessary endorsements) at
the Corporate Trust Office of the Trustee or the corporate trust
office of its Affiliate (or other Paying Agent appointed by the
Company) in the Borough of Manhattan, such delivery being a
condition to receipt by the Holder of the Change of Control
Payment therefor; provided that such Change of Control Payment
shall be so paid pursuant to this Section 14.01 only if the Note
so delivered to the Trustee (or other Paying Agent appointed by
the Company) shall conform in all respects to the description
thereof in the related Change of Control Repurchase Notice. |
The Change of Control Repurchase Notice shall state:
|
(i) |
|
if certificated, the certificate numbers of Notes to be delivered
for repurchase; |
|
|
(ii) |
|
the portion of the principal
amount of Notes to be repurchased, which must be $2,000 or an
integral multiple of $1,000 in excess thereof; |
|
|
(iii) |
|
that the Notes are to be
repurchased by the Company pursuant to the applicable provisions
of the Notes and the Indenture; and |
|
|
(iv) |
|
if such Change of Control
Repurchase Notice is delivered prior to the occurrence of a
Change of Control pursuant to a definitive agreement giving rise
to a Change of Control, that the Holder acknowledges that the
Companys offer is conditioned on the consummation of such
Change of Control. |
provided, however, that if the Notes are not in certificated form,
the Change of Control Repurchase Notice must comply with appropriate
procedures of the Depositary.
(c) On the Change of Control Payment Date, the Company shall, to the
extent lawful:
-8-
|
(i) |
|
accept or cause a third party to
accept for payment all Notes or portions of Notes properly
tendered pursuant to the Change of Control Offer, |
|
|
(ii) |
|
deposit or cause a third party to
deposit with the Paying Agent an amount equal to the Change of
Control Payment in respect of all the Notes or portions of the
Notes properly tendered, and |
|
|
(iii) |
|
deliver or cause to be delivered
to the Trustee the Notes properly accepted together with an
Officers Certificate stating the aggregate principal amount of
Notes or portions of Notes being repurchased. |
(d) The Company shall not be required to make a Change of Control Offer
with respect to the Notes if a third party makes such an offer in the
manner, at the times and otherwise in compliance with the requirements for
such an offer made by the Company and such third party purchases all the
Notes properly tendered and not withdrawn under its offer.
Section 14.02. COMPLIANCE WITH TENDER OFFER RULES
The Company shall comply in all material respects with the requirements
of Rule 14e-1 under the Exchange Act and any other securities laws and
regulations thereunder to the extent those laws and regulations are
applicable in connection with the repurchase of the Notes as a result of a
Change of Control Triggering Event. To the extent that the provisions of any
such securities laws or regulations conflict with the Change of Control
Offer provisions of the Notes, the Company shall comply with those
securities laws and regulations and shall not be deemed to have breached the
Companys obligations under the Change of Control Offer provisions of the
Notes by virtue of any such conflict.
|
(K) |
|
The form of Security attached as Exhibit A hereto shall be the
form of Note for the series of Notes established by this Second Supplemental
Indenture and the terms therein shall be incorporated by reference into this
Second Supplemental Indenture. |
|
|
(L) |
|
The Guarantors named in this Second Supplemental Indenture
shall be deemed to be Guarantors (as defined in Section 13.01 of the Base
Indenture) for all purposes under the Base Indenture and this Second
Supplemental Indenture and subject to all provisions of the Base Indenture,
including but not limited to Article XIII. The execution and delivery of this
Second Supplemental Indenture by each such Guarantor shall evidence the
Guarantee by such Guarantor of the Notes in accordance with the terms and
conditions of such Article XIII. |
-9-
SECTION 2. The Base Indenture is incorporated by reference in full into this Second
Supplemental Indenture, and all parties to this Second Supplemental Indenture agree to be bound by
the terms and provisions of the Base Indenture as supplemented and amended by this Second
Supplemental Indenture. The Base Indenture and this Second Supplemental Indenture shall be read,
taken and construed as one and the same instrument. All provisions included in this Second
Supplemental Indenture supersede any similar provisions included in the Base Indenture unless not
permitted by law.
SECTION 3. If any provision hereof limits, qualifies or conflicts with another provision
hereof which is required to be included in this Second Supplemental Indenture by any of the
provisions of the Trust Indenture Act, such required provision shall control.
SECTION 4. All covenants and agreements in this Second Supplemental Indenture by the Company
and the Guarantors shall bind their respective successors and assigns, whether so expressed or not.
SECTION 5. In case any provision in this Second Supplemental Indenture or in the Notes shall
be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining
provisions herein and therein shall not in any way be affected or impaired thereby.
SECTION 6. Nothing in this Second Supplemental Indenture, expressed or implied, shall give to
any Person, other than the parties hereto and their successors hereunder, and the Holders of the
Notes any benefit or any legal or equitable right, remedy or claim under this Second Supplemental
Indenture.
SECTION 7. This Second Supplemental Indenture and each Note shall be deemed to be a contract
made under the laws of the State of New York and this Second Supplemental Indenture and each such
Note shall be governed by and construed in accordance with the laws of the State of New York.
SECTION 8. All terms used in this Second Supplemental Indenture not otherwise defined herein
that are defined in the Base Indenture shall have the meanings set forth therein.
SECTION 9. This Second Supplemental Indenture may be executed in any number of counterparts,
each of which shall be an original; but such counterparts shall together constitute but one and the
same instrument. Delivery of an executed counterpart of a signature page hereto by facsimile or
electronic transmission shall be as effective as delivery of a manually executed counterpart of
this Second Supplemental Indenture.
SECTION 10. The recitals contained herein and in the Notes, except the Trustees certificates
of authentication, shall be taken as the statements of the Company, and the Trustee assumes no
responsibility for their correctness. The Trustee makes no representations as to the validity or
sufficiency of this Second Supplemental Indenture, the Notes or the Guarantees. The Trustee shall
not be accountable for the use or application by the Company of Notes or the proceeds thereof.
-10-
IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be
duly executed all as of the day and year first above written.
|
|
|
|
|
|
REPUBLIC SERVICES, INC., as Issuer
|
|
|
By: |
/s/ Edward A. Lang, III
|
|
|
|
Name: |
Edward A. Lang, III |
|
|
|
Title: |
Senior Vice President, Treasurer |
|
GUARANTORS:
623 LANDFILL, INC.
A D A J CORPORATION
ACTION DISPOSAL, INC.
ADA COUNTY DEVELOPMENT COMPANY, INC.
ADRIAN LANDFILL, INC.
ADS OF ILLINOIS, INC.
ADS, INC.
AGRICULTURAL ACQUISITIONS, LLC
AGRI-TECH, INC. OF OREGON
ALABAMA RECYCLING SERVICES, INC.
ALBANY LEBANON SANITATION, INC.
ALLIED ACQUISITION PENNSYLVANIA, INC.
ALLIED ACQUISITION TWO, INC.
ALLIED ENVIROENGINEERING, INC.
ALLIED GAS RECOVERY SYSTEMS, L.L.C.
ALLIED GREEN POWER, INC.
ALLIED NOVA SCOTIA, INC.
ALLIED SERVICES, LLC
ALLIED TRANSFER SYSTEMS OF NEW JERSEY, LLC
ALLIED WASTE ALABAMA, INC.
ALLIED WASTE COMPANY, INC.
ALLIED WASTE ENVIRONMENTAL MANAGEMENT GROUP, LLC
ALLIED WASTE HAULING OF GEORGIA, INC.
ALLIED WASTE HOLDINGS (CANADA) LTD.
ALLIED WASTE INDUSTRIES (ARIZONA), INC.
ALLIED WASTE INDUSTRIES (NEW MEXICO), INC.
ALLIED WASTE INDUSTRIES (SOUTHWEST), INC.
ALLIED WASTE INDUSTRIES OF GEORGIA, INC.
ALLIED WASTE INDUSTRIES OF ILLINOIS, INC.
ALLIED WASTE INDUSTRIES OF NORTHWEST INDIANA, INC.
ALLIED WASTE INDUSTRIES OF TENNESSEE, INC.
ALLIED WASTE INDUSTRIES, INC.
ALLIED WASTE LANDFILL HOLDINGS, INC.
ALLIED WASTE NIAGARA FALLS LANDFILL, LLC
ALLIED WASTE NORTH AMERICA, INC.
ALLIED WASTE OF CALIFORNIA, INC.
ALLIED WASTE OF LONG ISLAND, INC.
ALLIED WASTE OF NEW JERSEY, INC.
ALLIED WASTE OF NEW JERSEY-NEW YORK, LLC
ALLIED WASTE RECYCLING SERVICES OF NEW HAMPSHIRE, LLC
ALLIED WASTE RURAL SANITATION, INC.
ALLIED WASTE SERVICES OF COLORADO, INC.
ALLIED WASTE SERVICES OF MASSACHUSETTS, LLC
ALLIED WASTE SERVICES OF NORTH AMERICA, LLC
ALLIED WASTE SERVICES OF PAGE, INC.
ALLIED WASTE SERVICES OF STILLWATER, INC.
ALLIED WASTE SYCAMORE LANDFILL, LLC
ALLIED WASTE SYSTEMS HOLDINGS, INC.
ALLIED WASTE SYSTEMS OF ARIZONA, LLC
ALLIED WASTE SYSTEMS OF COLORADO, LLC
ALLIED WASTE SYSTEMS OF INDIANA, LLC
ALLIED WASTE SYSTEMS OF MICHIGAN, LLC
ALLIED WASTE SYSTEMS OF MONTANA, LLC
ALLIED WASTE SYSTEMS OF NEW JERSEY, LLC
ALLIED WASTE SYSTEMS OF NORTH CAROLINA, LLC
ALLIED WASTE SYSTEMS OF PENNSYLVANIA, LLC
ALLIED WASTE SYSTEMS, INC.
ALLIED WASTE TRANSFER SERVICES OF ARIZONA, LLC
ALLIED WASTE TRANSFER SERVICES OF CALIFORNIA, LLC
ALLIED WASTE TRANSFER SERVICES OF FLORIDA, LLC
ALLIED WASTE TRANSFER SERVICES OF IOWA, LLC
ALLIED WASTE TRANSFER SERVICES OF LIMA, LLC
ALLIED WASTE TRANSFER SERVICES OF NEW YORK, LLC
ALLIED WASTE TRANSFER SERVICES OF NORTH CAROLINA, LLC
ALLIED WASTE TRANSFER SERVICES OF OREGON, LLC
ALLIED WASTE TRANSFER SERVICES OF RHODE ISLAND, LLC
ALLIED WASTE TRANSFER SERVICES OF UTAH, INC.
ALLIED WASTE TRANSPORTATION, INC.
AMERICAN DISPOSAL SERVICES OF ILLINOIS, INC.
AMERICAN DISPOSAL SERVICES OF KANSAS, INC.
AMERICAN DISPOSAL SERVICES OF MISSOURI, INC.
AMERICAN DISPOSAL SERVICES OF NEW JERSEY, INC.
AMERICAN DISPOSAL SERVICES OF WEST VIRGINIA, INC.
AMERICAN DISPOSAL SERVICES, INC.
AMERICAN DISPOSAL TRANSFER SERVICES OF ILLINOIS, INC.
AMERICAN MATERIALS RECYCLING CORP.
AMERICAN SANITATION, INC.
AMERICAN TRANSFER COMPANY, INC.
ANSON COUNTY LANDFILL NC, LLC
APACHE JUNCTION LANDFILL CORPORATION
ARC DISPOSAL COMPANY, INC.
AREA DISPOSAL, INC.
ARIANA, LLC
ATLANTIC WASTE HOLDING COMPANY, INC.
ATLAS TRANSPORT, INC.
ATTWOODS OF NORTH AMERICA, INC.
AUTAUGA COUNTY LANDFILL, LLC
AUTOMATED MODULAR SYSTEMS, INC.
AUTOSHRED, INC.
AWIN LEASING COMPANY, INC.
AWIN LEASING II, LLC
AWIN MANAGEMENT, INC.
BARKER BROTHERS WASTE INCORPORATED
BAY COLLECTION SERVICES, INC.
BAY ENVIRONMENTAL MANAGEMENT, INC.
BAY LANDFILLS, INC.
BAY LEASING COMPANY, INC.
BBCO, INC.
BELLEVILLE LANDFILL, INC.
BERKELEY SANITARY SERVICE, INC.
BFGSI, L.L.C.
BFI ATLANTIC, INC.
BFI ENERGY SYSTEMS OF ALBANY, INC.
BFI ENERGY SYSTEMS OF DELAWARE COUNTY, INC.
BFI ENERGY SYSTEMS OF ESSEX COUNTY, INC.
BFI ENERGY SYSTEMS OF HEMPSTEAD, INC.
BFI ENERGY SYSTEMS OF NIAGARA II, INC.
BFI ENERGY SYSTEMS OF NIAGARA, INC.
BFI ENERGY SYSTEMS OF SEMASS, INC.
BFI ENERGY SYSTEMS OF SOUTHEASTERN CONNECTICUT, INC.
BFI REF-FUEL, INC.
BFI TRANS RIVER (GP), INC.
BFI TRANSFER SYSTEMS OF ALABAMA, LLC
BFI TRANSFER SYSTEMS OF DC, LLC
BFI TRANSFER SYSTEMS OF GEORGIA, LLC
BFI TRANSFER SYSTEMS OF MARYLAND, LLC
BFI TRANSFER SYSTEMS OF MASSACHUSETTS, LLC
BFI TRANSFER SYSTEMS OF MISSISSIPPI, LLC
BFI TRANSFER SYSTEMS OF NEW JERSEY, INC.
BFI TRANSFER SYSTEMS OF PENNSYLVANIA, LLC
BFI TRANSFER SYSTEMS OF VIRGINIA, LLC
BFI WASTE SERVICES OF PENNSYLVANIA, LLC
BFI WASTE SERVICES OF TENNESSEE, LLC
BFI WASTE SERVICES, LLC
BFI WASTE SYSTEMS OF ALABAMA, LLC
BFI WASTE SYSTEMS OF ARKANSAS, LLC
BFI WASTE SYSTEMS OF GEORGIA, LLC
BFI WASTE SYSTEMS OF KENTUCKY, LLC
BFI WASTE SYSTEMS OF LOUISIANA, LLC
BFI WASTE SYSTEMS OF MASSACHUSETTS, LLC
BFI WASTE SYSTEMS OF MISSISSIPPI, LLC
BFI WASTE SYSTEMS OF MISSOURI, LLC
BFI WASTE SYSTEMS OF NEW JERSEY, INC.
BFI WASTE SYSTEMS OF NORTH AMERICA, LLC
BFI WASTE SYSTEMS OF NORTH CAROLINA, LLC
BFI WASTE SYSTEMS OF OKLAHOMA, LLC
BFI WASTE SYSTEMS OF SOUTH CAROLINA, LLC
BFI WASTE SYSTEMS OF TENNESSEE, LLC
BFI WASTE SYSTEMS OF VIRGINIA, LLC
BIO-MED OF OREGON, INC.
BLT ENTERPRISES OF OXNARD, INC.
BOND COUNTY LANDFILL, INC.
BORREGO LANDFILL, INC.
BORROW PIT CORP.
BRICKYARD DISPOSAL & RECYCLING, INC.
BRIDGETON LANDFILL, LLC
BRIDGETON TRANSFER STATION, LLC
BROWNING-FERRIS INDUSTRIES CHEMICAL SERVICES, INC.
BROWNING-FERRIS INDUSTRIES OF CALIFORNIA, INC.
BROWNING-FERRIS INDUSTRIES OF FLORIDA, INC.
BROWNING-FERRIS INDUSTRIES OF ILLINOIS, INC.
BROWNING-FERRIS INDUSTRIES OF NEW JERSEY, INC.
BROWNING-FERRIS INDUSTRIES OF NEW YORK, INC.
BROWNING-FERRIS INDUSTRIES OF OHIO, INC.
BROWNING-FERRIS INDUSTRIES OF TENNESSEE, INC.
BROWNING-FERRIS INDUSTRIES, INC.
BROWNING-FERRIS INDUSTRIES, LLC
BROWNING-FERRIS SERVICES, INC.
BROWNING-FERRIS, INC.
BRUNSWICK WASTE MANAGEMENT FACILITY, LLC
BUNTING TRASH SERVICE, INC.
BUTLER COUNTY LANDFILL, LLC
C & C EXPANDED SANITARY LANDFILL, LLC
CACTUS WASTE SYSTEMS, LLC
CALVERT TRASH SYSTEMS, INCORPORATED
CAPITOL RECYCLING AND DISPOSAL, INC.
CARBON LIMESTONE LANDFILL, LLC
CC LANDFILL, INC.
CECOS INTERNATIONAL, INC.
CELINA LANDFILL, INC.
CENTRAL ARIZONA TRANSFER, INC.
CENTRAL SANITARY LANDFILL, INC.
CENTRAL VIRGINIA PROPERTIES, LLC
CHARTER EVAPORATION RESOURCE RECOVERY SYSTEMS
CHEROKEE RUN LANDFILL, INC.
CHILTON LANDFILL, LLC
CITIZENS DISPOSAL, INC.
CITY-STAR SERVICES, INC.
CLARKSTON DISPOSAL, INC.
COCOPAH LANDFILL, INC.
COMPACTOR RENTAL SYSTEMS OF DELAWARE, INC.
CONSOLIDATED DISPOSAL SERVICE, L.L.C.
CONTINENTAL WASTE INDUSTRIES, L.L.C.
COPPER MOUNTAIN LANDFILL, INC.
CORVALLIS DISPOSAL CO.
COUNTY DISPOSAL (OHIO), INC.
COUNTY DISPOSAL, INC.
COUNTY ENVIRONMENTAL LANDFILL, LLC
COUNTY LAND DEVELOPMENT LANDFILL, LLC
COUNTY LANDFILL, INC.
COURTNEY RIDGE LANDFILL, LLC
CRESCENT ACRES LANDFILL, LLC
CROCKETT SANITARY SERVICE, INC.
CUMBERLAND COUNTY DEVELOPMENT COMPANY, LLC
CWI OF ILLINOIS, INC.
CWI OF MISSOURI, INC.
D & L DISPOSAL, L.L.C.
DALLAS DISPOSAL CO.
DELTA CONTAINER CORPORATION
DELTA DADE RECYCLING CORP.
DELTA PAPER STOCK, CO.
DELTA RESOURCES CORP.
DELTA SITE DEVELOPMENT CORP.
DELTA WASTE CORP.
DEMPSEY WASTE SYSTEMS II, INC.
DENVER RL NORTH, INC.
DTC MANAGEMENT, INC.
E LEASING COMPANY, LLC
EAGLE INDUSTRIES LEASING, INC.
EAST CHICAGO COMPOST FACILITY, INC.
ECDC ENVIRONMENTAL OF HUMBOLDT COUNTY, INC.
ECDC ENVIRONMENTAL, L.C.
ECDC HOLDINGS, INC.
ELDER CREEK TRANSFER & RECOVERY, INC.
ELLIS SCOTT LANDFILL MO, LLC
ENVIROCYCLE, INC.
ENVIRONMENTAL DEVELOPMENT CORP.
ENVIRONMENTAL RECLAMATION COMPANY
ENVIRONTECH, INC.
ENVOTECH-ILLINOIS L.L.C.
EVERGREEN SCAVENGER SERVICE, INC.
EVERGREEN SCAVENGER SERVICE, L.L.C.
F. P. MCNAMARA RUBBISH REMOVAL INC.
FLINT HILL ROAD, LLC
FLL, INC.
FOREST VIEW LANDFILL, LLC
FORWARD, INC.
FRED BARBARA TRUCKING CO., INC.
FRONTIER WASTE SERVICES (COLORADO), LLC
FRONTIER WASTE SERVICES (UTAH), LLC
FRONTIER WASTE SERVICES OF LOUISIANA L.L.C.
G. VAN DYKEN DISPOSAL INC.
GATEWAY LANDFILL, LLC
GEK, INC.
GENERAL REFUSE ROLLOFF CORP.
GENERAL REFUSE SERVICE OF OHIO, L.L.C.
GEORGIA RECYCLING SERVICES, INC.
GOLDEN BEAR TRANSFER SERVICES, INC.
GOLDEN WASTE DISPOSAL, INC.
GRANTS PASS SANITATION, INC.
GREAT LAKES DISPOSAL SERVICE, INC.
GREAT PLAINS LANDFILL OK, LLC
GREENRIDGE RECLAMATION, LLC
GREENRIDGE WASTE SERVICES, LLC
GULFCOAST WASTE SERVICE, INC.
HANCOCK COUNTY DEVELOPMENT COMPANY, LLC
HARLANDS SANITARY LANDFILL, INC.
HARRISON COUNTY LANDFILL, LLC
HONEYGO RUN RECLAMATION CENTER, INC.
ILLINOIS LANDFILL, INC.
ILLINOIS RECYCLING SERVICES, INC.
ILLINOIS VALLEY RECYCLING, INC.
IMPERIAL LANDFILL, INC.
INDEPENDENT TRUCKING COMPANY
INGRUM WASTE DISPOSAL, INC.
INTERNATIONAL DISPOSAL CORP. OF CALIFORNIA
ISLAND WASTE SERVICES LTD.
JACKSON COUNTY LANDFILL, LLC
JEFFERSON CITY LANDFILL, LLC
JEFFERSON PARISH DEVELOPMENT COMPANY, LLC
JETTER DISPOSAL, INC.
KANDEL ENTERPRISES, LLC
KANKAKEE QUARRY, INC.
KELLER CANYON LANDFILL COMPANY
KELLER DROP BOX, INC.
LA CAÑADA DISPOSAL COMPANY, INC.
LAKE NORMAN LANDFILL, INC.
LANDCOMP CORPORATION
LATHROP SUNRISE SANITATION CORPORATION
LEE COUNTY LANDFILL SC, LLC
LEE COUNTY LANDFILL, INC.
LEMONS LANDFILL, LLC
LIBERTY WASTE HOLDINGS, INC.
LIBERTY WASTE SERVICES LIMITED, L.L.C.
LIBERTY WASTE SERVICES OF ILLINOIS, L.L.C.
LIBERTY WASTE SERVICES OF MCCOOK, L.L.C.
LITTLE CREEK LANDING, LLC
LOCAL SANITATION OF ROWAN COUNTY, L.L.C.
LOOP RECYCLING, INC.
LOOP TRANSFER, INCORPORATED
LORAIN COUNTY LANDFILL, LLC
LOUIS PINTO & SON, INC., SANITATION CONTRACTORS
LUCAS COUNTY LAND DEVELOPMENT, INC.
LUCAS COUNTY LANDFILL, LLC
MADISON COUNTY DEVELOPMENT, LLC
MANUMIT OF FLORIDA, INC.
MCCUSKER RECYCLING, INC.
MCINNIS WASTE SYSTEMS, INC.
MENANDS ENVIRONMENTAL SOLUTIONS, LLC
MESA DISPOSAL, INC.
MIDWAY DEVELOPMENT COMPANY, INC.
MISSISSIPPI WASTE PAPER COMPANY
MISSOURI CITY LANDFILL, LLC
MOUNTAIN HOME DISPOSAL, INC.
N LEASING COMPANY, LLC
NATIONSWASTE CATAWBA REGIONAL LANDFILL, INC.
NATIONSWASTE, INC.
NCORP, INC.
NEW MORGAN LANDFILL COMPANY, INC.
NEW YORK WASTE SERVICES, LLC
NEWCO WASTE SYSTEMS OF NEW JERSEY, INC.
NOBLE ROAD LANDFILL, INC.
NORTHEAST LANDFILL, LLC
NORTHLAKE TRANSFER, INC.
NORTHWEST TENNESSEE DISPOSAL CORPORATION
OAKLAND HEIGHTS DEVELOPMENT, INC.
OBSCURITY LAND DEVELOPMENT, LLC
OHIO REPUBLIC CONTRACTS, II, INC.
OHIO REPUBLIC CONTRACTS, INC.
OKLAHOMA CITY LANDFILL, L.L.C.
OSCARS COLLECTION SYSTEM OF FREMONT, INC.
OTAY LANDFILL, INC.
OTTAWA COUNTY LANDFILL, INC.
PACKERTON LAND COMPANY, L.L.C.
PALOMAR TRANSFER STATION, INC.
PELTIER REAL ESTATE COMPANY
PERDOMO & SONS, INC.
PINAL COUNTY LANDFILL CORP.
PINECREST LANDFILL OK, LLC
PITTSBURG COUNTY LANDFILL, INC.
POLK COUNTY LANDFILL, LLC
PORT CLINTON LANDFILL, INC.
PORTABLE STORAGE CO.
PREBLE COUNTY LANDFILL, INC.
PRICE & SONS RECYCLING COMPANY
PRINCE GEORGES COUNTY LANDFILL, LLC
R.C. MILLER ENTERPRISES, INC.
R.C. MILLER REFUSE SERVICE INC.
RABANCO RECYCLING, INC.
RABANCO, LTD.
RAMONA LANDFILL, INC.
RCS, INC.
RELIABLE DISPOSAL, INC.
REPUBLIC DUMPCO, INC.
REPUBLIC ENVIRONMENTAL TECHNOLOGIES, INC.
REPUBLIC OHIO CONTRACTS, LLC
REPUBLIC SERVICES AVIATION, INC.
REPUBLIC SERVICES ENVIRONMENTAL, LLC
REPUBLIC SERVICES FINANCIAL LP, INC.
REPUBLIC SERVICES GROUP, LLC
REPUBLIC SERVICES HOLDING COMPANY, INC.
REPUBLIC SERVICES OF ARIZONA HAULING, LLC
REPUBLIC SERVICES OF CALIFORNIA HOLDING COMPANY, INC.
REPUBLIC SERVICES OF CALIFORNIA II, LLC
REPUBLIC SERVICES OF COLORADO HAULING, LLC
REPUBLIC SERVICES OF COLORADO I, LLC
REPUBLIC SERVICES OF FLORIDA GP, INC.
REPUBLIC SERVICES OF FLORIDA LP, INC.
REPUBLIC SERVICES OF GEORGIA GP, LLC
REPUBLIC SERVICES OF GEORGIA LP, LLC
REPUBLIC SERVICES OF INDIANA LP, INC.
REPUBLIC SERVICES OF INDIANA TRANSPORTATION, LLC
REPUBLIC SERVICES OF KENTUCKY, LLC
REPUBLIC SERVICES OF MICHIGAN HAULING, LLC
REPUBLIC SERVICES OF MICHIGAN HOLDING COMPANY, INC.
REPUBLIC SERVICES OF MICHIGAN I, LLC
REPUBLIC SERVICES OF MICHIGAN II, LLC
REPUBLIC SERVICES OF MICHIGAN III, LLC
REPUBLIC SERVICES OF MICHIGAN IV, LLC
REPUBLIC SERVICES OF MICHIGAN V, LLC
REPUBLIC SERVICES OF NEW JERSEY, LLC
REPUBLIC SERVICES OF NORTH CAROLINA, LLC
REPUBLIC SERVICES OF OHIO HAULING, LLC
REPUBLIC SERVICES OF OHIO I, LLC
REPUBLIC SERVICES OF OHIO II, LLC
REPUBLIC SERVICES OF OHIO III, LLC
REPUBLIC SERVICES OF OHIO IV, LLC
REPUBLIC SERVICES OF PENNSYLVANIA, LLC
REPUBLIC SERVICES OF SOUTH CAROLINA, LLC
REPUBLIC SERVICES OF SOUTHERN CALIFORNIA, LLC
REPUBLIC SERVICES OF VIRGINIA, LLC
REPUBLIC SERVICES OF WISCONSIN GP, LLC
REPUBLIC SERVICES OF WISCONSIN LP, LLC
REPUBLIC SERVICES REAL ESTATE HOLDING, INC.
REPUBLIC SERVICES VASCO ROAD, LLC
REPUBLIC SILVER STATE DISPOSAL, INC.
REPUBLIC WASTE SERVICES OF SOUTHERN CALIFORNIA, LLC
REPUBLIC WASTE SERVICES OF TEXAS GP, INC.
REPUBLIC WASTE SERVICES OF TEXAS LP, INC.
RESOURCE RECOVERY, INC.
RI/ALAMEDA CORP.
RICHMOND SANITARY SERVICE, INC.
RISK SERVICES, INC.
RITM, LLC
ROCK ROAD INDUSTRIES, INC.
ROSS BROS. WASTE & RECYCLING CO.
ROSSMAN SANITARY SERVICE, INC.
ROXANA LANDFILL, INC.
ROYAL HOLDINGS, INC.
RUBBISH CONTROL, LLC
S & S RECYCLING, INC.
S LEASING COMPANY, LLC
SALINE COUNTY LANDFILL, INC.
SAN DIEGO LANDFILL SYSTEMS, LLC
SAN MARCOS NCRRF, INC.
SAND VALLEY HOLDINGS, L.L.C.
SANDY HOLLOW LANDFILL CORP.
SANGAMON VALLEY LANDFILL, INC.
SANITARY DISPOSAL SERVICE, INC.
SAUK TRAIL DEVELOPMENT, INC.
SCHOFIELD CORPORATION OF ORLANDO
SHOW-ME LANDFILL, LLC
SHRED ALL RECYCLING SYSTEMS INC.
SOLANO GARBAGE COMPANY
SOURCE RECYCLING, INC.
SOUTHEAST LANDFILL, LLC
SOUTHERN ILLINOIS REGIONAL LANDFILL, INC.
ST. BERNARD PARISH DEVELOPMENT COMPANY, LLC
ST. JOSEPH LANDFILL, LLC
STANDARD DISPOSAL SERVICES, INC.
STANDARD ENVIRONMENTAL SERVICES, INC.
STANDARD WASTE, INC.
STREATOR AREA LANDFILL, INC.
SUBURBAN TRANSFER, INC.
SUBURBAN WAREHOUSE, INC.
SUMMIT WASTE SYSTEMS, INC.
SUNRISE SANITATION SERVICE, INC.
SUNSET DISPOSAL SERVICE, INC.
SUNSET DISPOSAL, INC.
SYCAMORE LANDFILL, INC.
TATES TRANSFER SYSTEMS, INC.
TAY-BAN CORPORATION
TAYLOR RIDGE LANDFILL, INC.
TENNESSEE UNION COUNTY LANDFILL, INC.
THE ECOLOGY GROUP, INC.
THOMAS DISPOSAL SERVICE, INC.
TOM LUCIANOS DISPOSAL SERVICE, INC.
TOTAL ROLL-OFFS, L.L.C.
TOTAL SOLID WASTE RECYCLERS, INC.
TRICIL (N.Y.), INC.
TRI-COUNTY REFUSE SERVICE, INC.
TRI-STATE RECYCLING SERVICES, INC.
TRI-STATE REFUSE CORPORATION
UNITED DISPOSAL SERVICE, INC.
UPPER ROCK ISLAND COUNTY LANDFILL, INC.
VALLEY LANDFILLS, INC.
VINING DISPOSAL SERVICE, INC.
WASATCH REGIONAL LANDFILL, INC.
WASTE CONTROL SYSTEMS, INC.
WASTE SERVICES OF NEW YORK, INC.
WASTEHAUL, INC.
WAYNE COUNTY LAND DEVELOPMENT, LLC
WAYNE COUNTY LANDFILL IL, INC.
WAYNE DEVELOPERS, LLC
WDTR, INC.
WEBSTER PARISH LANDFILL, L.L.C.
WEST CONTRA COSTA ENERGY RECOVERY COMPANY
WEST CONTRA COSTA SANITARY LANDFILL, INC.
WEST COUNTY LANDFILL, INC.
WEST COUNTY RESOURCE RECOVERY, INC.
WILLAMETTE RESOURCES, INC.
WILLIAMS COUNTY LANDFILL INC.
WILLOW RIDGE LANDFILL, LLC
WJR ENVIRONMENTAL, INC.
WOODLAKE SANITARY SERVICE, INC.
ZAKAROFF SERVICES
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer of each of the foregoing entities |
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ABILENE LANDFILL TX, LP
BFI TRANSFER SYSTEMS OF TEXAS, LP
BFI WASTE SERVICES OF INDIANA, LP
BFI WASTE SERVICES OF TEXAS, LP
BFI WASTE SYSTEMS OF INDIANA, LP
BLUE RIDGE LANDFILL TX, LP
BRENHAM TOTAL ROLL-OFFS, LP
CAMELOT LANDFILL TX, LP
CEFE LANDFILL TX, LP
CROW LANDFILL TX, L.P.
DESARROLLO DEL RANCHO LA GLORIA TX, LP
EL CENTRO LANDFILL, L.P.
ELLIS COUNTY LANDFILL TX, LP
FORT WORTH LANDFILL TX, LP
FRONTIER WASTE SERVICES, L.P.
GALVESTON COUNTY LANDFILL TX, LP
GILES ROAD LANDFILL TX, LP
GOLDEN TRIANGLE LANDFILL TX, LP
GREENWOOD LANDFILL TX, LP
GULF WEST LANDFILL TX, LP
ITASCA LANDFILL TX, LP
KERRVILLE LANDFILL TX, LP
LEWISVILLE LANDFILL TX, LP
MARS ROAD TX, LP
MCCARTY ROAD LANDFILL TX, LP
MESQUITE LANDFILL TX, LP
MEXIA LANDFILL TX, LP
PANAMA ROAD LANDFILL, TX, L.P.
PINE HILL FARMS LANDFILL TX, LP
PLEASANT OAKS LANDFILL TX, LP
RIO GRANDE VALLEY LANDFILL TX, LP
ROYAL OAKS LANDFILL TX, LP
SOUTH CENTRAL TEXAS LAND CO. TX, LP
SOUTHWEST LANDFILL TX, LP
TESSMAN ROAD LANDFILL TX, LP
TURKEY CREEK LANDFILL TX, LP
VICTORIA LANDFILL TX, LP
WHISPERING PINES LANDFILL TX, LP
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By: |
Allied Waste Landfill Holdings, Inc., as General
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Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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BENTON COUNTY DEVELOPMENT COMPANY
CLINTON COUNTY LANDFILL PARTNERSHIP
COUNTY LINE LANDFILL PARTNERSHIP
ILLIANA DISPOSAL PARTNERSHIP
JASPER COUNTY DEVELOPMENT COMPANY PARTNERSHIP
KEY WASTE INDIANA PARTNERSHIP
LAKE COUNTY C & D DEVELOPMENT PARTNERSHIP
NEWTON COUNTY LANDFILL PARTNERSHIP
SPRINGFIELD ENVIRONMENTAL GENERAL PARTNERSHIP
TIPPECANOE COUNTY WASTE SERVICES PARTNERSHIP
WARRICK COUNTY DEVELOPMENT COMPANY
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By: |
Allied Waste Landfill Holdings, Inc., as General
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Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Allied Waste North America, Inc., as General
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Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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BENSON VALLEY LANDFILL GENERAL PARTNERSHIP
BLUE RIDGE LANDFILL GENERAL PARTNERSHIP
GREEN VALLEY LANDFILL GENERAL PARTNERSHIP
MOREHEAD LANDFILL GENERAL PARTNERSHIP
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By: |
Allied Waste North America, Inc., as General
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Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Browning-Ferris Industries of Tennessee, Inc., as
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General Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC WASTE SERVICES OF TEXAS, LTD.
RWS TRANSPORT, L.P.
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By: |
Republic Waste Services of Texas GP, Inc., as
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General Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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BFI ENERGY SYSTEMS OF SOUTHEASTERN
CONNECTICUT, LIMITED PARTNERSHIP
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By: |
BFI Energy Systems of Southeastern Connecticut,
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Inc., its General Partner |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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OCEANSIDE WASTE & RECYCLING SERVICES
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By: |
Republic Services, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Zakaroff Services, its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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RABANCO COMPANIES
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By: |
Rabanco Recycling, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Rabanco, Ltd., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES FINANCIAL, LIMITED PARTNERSHIP
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By: |
Republic Silver State Disposal, Inc., its General
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Partner |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF FLORIDA, LIMITED
PARTNERSHIP
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By: |
Republic Services of Florida GP, Inc., its
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General Partner |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF GEORGIA, LIMITED PARTNERSHIP
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By: |
Republic Services of Georgia GP, LLC, its General
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Partner |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF INDIANA, LIMITED PARTNERSHIP
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By: |
Republic Services, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Senior Vice President, Treasurer |
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REPUBLIC SERVICES OF WISCONSIN, LIMITED PARTNERSHIP
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By: |
Republic Services of Wisconsin GP, LLC,
its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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DINVERNO, INC.
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By: |
/s/ Roger A. Groen Jr.
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Name: |
Roger A. Groen Jr. |
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Title: |
President |
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THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A., as Trustee
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By: |
/s/ Craig A. Kaye
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Name: |
Craig A. Kaye |
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Title: |
Vice President |
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EXHIBIT A
[FORM OF FACE OF SECURITY]
[THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE
HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A
NOMINEE OF A DEPOSITARY OR A SUCCESSOR DEPOSITARY. TRANSFERS OF THIS GLOBAL
SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO
NOMINEES OF CEDE & CO. OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSORS NOMINEE
AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO
TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN SECTION 3.06
OF THE INDENTURE.
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (DTC), TO THE COMPANY OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT AND ANY SUCH
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER
NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE
REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]1
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1 |
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This paragraph should be included only if the
Note is issued in global form. |
A-1
REPUBLIC SERVICES, INC.
3.800% NOTES DUE 2018
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CUSIP NO. |
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No. _____
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$___________________ |
Republic Services, Inc., a Delaware corporation (herein called the Company, which term
includes any successor Person under the Indenture hereinafter referred to), for value received,
hereby promises to pay to _________ or its registered assigns, the principal sum of __________
($__________) United States dollars [, or such greater or lesser amount as may from time to time be
endorsed on the Schedule of Increases and Decreases of Interests in the Global Note attached hereto
(but in no event may such amount exceed the aggregate principal amount of Notes authenticated
pursuant to Section 3.03 of the Indenture referred to below and then Outstanding pursuant the terms
of the Indenture)]2, on May 15, 2018, at the office or agency of the Company referred to
below, and to pay interest thereon from May 9, 2011 or from the most recent Interest Payment Date
to which interest has been paid or duly provided for, semi-annually on May 15 and November 15 in
each year, commencing November 15, 2011 at the rate of 3.800% per annum, in United States dollars,
until the principal hereof is paid or duly provided for. Interest shall be computed on the basis
of a 360-day year comprised of twelve 30-day months.
The interest so payable, and punctually paid or duly provided for, on any Interest Payment
Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or any
Predecessor Securities) is registered at the close of business on the Regular Record Date for such
interest, which shall be the May 1 or November 1 (whether or not a Business Day), as the case may
be, next preceding such Interest Payment Date. Any such interest not so punctually paid, or duly
provided for, and interest on such defaulted interest at the interest rate borne by the Securities,
to the extent lawful, shall forthwith cease to be payable to the Holder on such Regular Record
Date, and may either be paid to the Person in whose name this Security (or any Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such
defaulted interest to be fixed by the Trustee, notice thereof shall be given to Holders of
Securities not less than 10 days prior to such Special Record Date, or be paid at any time in any
other lawful manner not inconsistent with the requirements of any securities exchange on which the
Securities may be listed, and upon such notice as may be required by such exchange, all as more
fully provided in this Indenture.
Payment of the principal of, premium, if any, and interest on, this Security, and exchange or
transfer of this Security, will be made at the office or agency of the Company in The City of New
York maintained for such purpose (which initially will be a corporate trust office of the Trustee
or its affiliate located at 101 Barclay Street, Floor 8W, New York, NY 10286), or at
A-2
such other office or agency as may be maintained for such purpose, in such coin or currency of
the United States of America as at the time of payment is legal tender for payment of public and
private debts; provided, however, that payment of interest may be made at the option of the Company
by check mailed to the address of the Person entitled thereto as such address shall appear on the
Security Register.
Reference is hereby made to the further provisions of this Security set forth on the reverse
hereof, which further provisions shall for all purposes have the same effect as if set forth at
this place.
A-3
Unless the certificate of authentication hereon has been duly executed by the Trustee referred
to on the reverse hereof or by the authenticating agent appointed as provided in the Indenture by
manual signature of an authorized signer, this Security shall not be entitled to any benefit under
the Indenture, or be valid or obligatory for any purpose.
IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed by the manual
or facsimile signature of one of its authorized officers.
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REPUBLIC SERVICES, INC.
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By: |
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Name: |
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Title: |
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A-4
TRUSTEES CERTIFICATE OF AUTHENTICATION
This is one of the 3.800% Notes due May 15, 2018 referred to in the within-mentioned
Indenture.
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THE BANK OF NEW YORK MELLON TRUST
COMPANY, N.A., as Trustee
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By: |
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Authorized Signatory |
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Dated: __________
A-5
[FORM OF REVERSE SIDE OF SECURITY]
REPUBLIC SERVICES, INC.
3.800% Notes due 2018
This Security is one of a duly authorized issue of Securities of the Company designated as its
3.800% Notes due 2018 (herein called the Securities), limited (except as otherwise provided in
the Indenture referred to below) in aggregate principal amount to $700,000,000, issued under and
subject to the terms of an indenture (herein called the Indenture) dated as of September 8, 2009,
between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (herein called
the Trustee, which term includes any successor trustee under the Indenture), as supplemented by a
Second Supplemental Indenture, dated as of May 9, 2011, among the Company, the guarantors listed on
the signature pages thereto (the Guarantors) and the Trustee to which Indenture and all
indentures supplemental thereto reference is hereby made for a statement of the respective rights,
limitations of rights, duties, obligations and immunities thereunder of the Company, the
Guarantors, the Trustee and the Holders of the Securities, and of the terms upon which the
Securities are, and are to be, authenticated and delivered.
The Securities may be redeemed, as a whole or in part, at the option of the Company, at any
time and from time to time, upon not less than 30 and not more than 60 days notice to the Holders
thereof as provided in the Indenture, at a Redemption Price equal to the greater of (1) 100% of the
principal amount of the Securities to be redeemed and (2) the sum of the present values of the
remaining scheduled payments of principal and interest thereon, discounted to the Redemption Date
on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the
applicable Treasury Rate, plus 20 basis points, plus, in each case, accrued and unpaid interest to
the Redemption Date, if any (subject to the right of holders of record of such Securities on
relevant record dates to receive interest due on an interest payment date).
If less than all of the Securities are to be redeemed, the Trustee shall select, not more than
60 nor less than 30 days before the Redemption Date, the Securities or portions thereof to be
redeemed, by such method the Trustee shall deem fair and appropriate.
In the case of any redemption of Securities in accordance with the Indenture, interest
installments whose Stated Maturity is on or prior to the Redemption Date will be payable to the
Holders of such Securities of record as of the close of business on the relevant Regular Record
Date or Special Record Date referred to on the face hereof. Securities (or portions thereof) for
whose redemption and payment provision is made in accordance with the Indenture shall cease to bear
interest from and after the Redemption Date.
In the event of redemption or repurchase of this Security in accordance with the Indenture in
part only, a new Security or Securities for the unredeemed portion hereof shall be issued in the
name of the Holder hereof upon the cancellation hereof.
A-6
Upon the occurrence of a Change of Control Triggering Event with respect to the Securities,
unless the Company has exercised its right to redeem the Securities pursuant to Article XI of the
Indenture, each Holder of the Securities shall have the right to require the Company to purchase
all or a portion (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such
Holders Security pursuant to Article XIV of the Indenture.
If an Event of Default shall occur and be continuing, the principal amount of all the
Securities may be declared due and payable in the manner and with the effect provided in the
Indenture.
The Indenture contains provisions for defeasance at any time of (a) the entire Indebtedness on
the Securities and (b) certain covenants and Defaults and Events of Default, in each case upon
compliance with certain conditions set forth therein.
The Indenture permits, with certain exceptions (including certain amendments permitted without
the consent of any Holders and certain amendments which required the consent of all of the Holders)
as therein provided, the amendment thereof and the modification of the rights and obligations of
the Company and the rights of the Holders under the Indenture and the Securities at any time by the
Company, the Guarantors and the Trustee with the consent of the Holders of at least a majority in
aggregate principal amount of the Securities at the time Outstanding that are affected. The
Indenture also contains provisions permitting the Holders of at least a majority in aggregate
principal amount of the Securities (100% of the Holders in certain circumstances) at the time
Outstanding that are affected, on behalf of the Holders of all the Securities, to waive compliance
by the Company with certain provisions of the Indenture and the Securities of such series and
certain past Defaults and Events of Default under the Indenture and the Securities and their
consequences. Any such consent or waiver by or on behalf of the Holder of this Security shall be
conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof
whether or not notation of such consent or waiver is made upon this Security.
No reference herein to the Indenture and no provision of this Security or of the Indenture
shall alter or impair the obligation of the Company or any other obligor on the Securities (in the
event such other obligor is obligated to make payments in respect of the Securities), which is
absolute and unconditional, to pay the principal of, and premium, if any, and interest on, this
Security at the times, place, and rate, and in the coin or currency, herein prescribed.
As provided in the Indenture and subject to certain limitations therein set forth, the
transfer of this Security is registrable in the Security Register, upon surrender of this Security
for registration of transfer at the office or agency of the Company in the Borough of Manhattan,
The City of New York, duly endorsed by, or accompanied by a written instrument of transfer in form
satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or its
attorney duly authorized in writing, and thereupon one or more new Securities, of authorized
denominations and for the same aggregate principal amount, will be issued to the designated
transferee or transferees.
A-7
The Securities in certificated form are issuable only in registered form without coupons in
denominations of $2,000 and any integral multiple of $1,000 in excess thereof. As provided in the
Indenture and subject to certain limitations therein set forth, the Securities are exchangeable for
a like aggregate principal amount of Securities of a differing authorized denomination, as
requested by the Holder surrendering the same.
Except as indicated in the Indenture, no service charge shall be made for any registration of
transfer or exchange of Securities, but the Company may require payment of a sum sufficient to
cover any tax or other governmental charge payable in connection therewith.
A director, officer, employee or stockholder, as such, of the Company or any Guarantor shall
not have any liability for any obligations under the Securities or the Indenture or for any claim
based on, in respect of or by reason of such obligations or their creation. By accepting a
Security, each Holder waives and releases all such liability. The waiver and release are part of
the consideration for the issue of the Securities.
Prior to due presentment of this Security for registration of transfer, the Company, the
Trustee and any agent of the Company or the Trustee may treat the Person in whose name this
Security is registered as the owner hereof for all purposes, whether or not this Security is
overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the
contrary.
THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK, WITHOUT GIVING EFFECT TO THE TO CONFLICT OF LAWS PRINCIPLES THEREOF.
All terms used in this Security which are defined in the Indenture and not otherwise defined herein
shall have the meanings assigned to them in the Indenture.
A-8
CHANGE OF CONTROL REPURCHASE NOTICE
If you want to elect to have only part of the Security purchased by the Company pursuant to Section
14.01 of the Indenture, state the amount you elect to have purchased:
$______________
Date: ___________________________
Your Signature: _______________________
(Sign exactly as your name appears on the face of this Security)
Tax Identification No: _________________
Signature Guarantee*: ______________
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* |
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Participant in a recognized Signature Guarantee Medallion Program (or other signature
guarantor acceptable to the Trustee). |
A-9
SCHEDULE OF INCREASES AND DECREASES OF INTERESTS
IN THE GLOBAL SECURITY3
The following increases or decreases in this Global Security have been made:
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this Global |
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this Global |
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decrease |
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This should be included only if the Security
is a Global Security. |
A-10
exv4w2
Exhibit 4.2
REPUBLIC SERVICES, INC.
to
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
as Trustee
GUARANTEED
BY THE GUARANTORS NAMED HEREIN
THIRD SUPPLEMENTAL INDENTURE,
Dated as of May 9, 2011
$550,000,000
4.750% Notes due 2023
Supplement to Indenture dated as of September 8, 2009
1
THIRD SUPPLEMENTAL INDENTURE, dated as of May 9, 2011 (the Third Supplemental Indenture),
between REPUBLIC SERVICES, INC., a Delaware corporation (hereinafter called the Company), the
guarantors listed on the signature pages hereto (collectively, the Guarantors and each, a
Guarantor), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as trustee under the Base
Indenture referred to below (hereinafter called the Trustee).
WHEREAS, the Company entered into an Indenture dated as of September 8, 2009 (the Base
Indenture, all capitalized terms used in this Third Supplemental Indenture and not otherwise
defined being used as defined in the Base Indenture) (the Base Indenture and Third Supplemental
Indenture are hereinafter collectively called the Indenture) with the Trustee, providing for (i)
the issuance of senior debt securities, unlimited as to principal amount, to bear such rates of
interest, to mature at such time or times, to be issued in one or more series and to have such
other provisions as authorized by or pursuant to the authority granted in one or more resolutions
of the Board of Directors of the Company and (ii) the guarantee of such senior debt securities by
guarantors to be named in a supplemental indenture (collectively, the Guarantees and each, a
Guarantee); and
WHEREAS, the Company proposes to issue $550,000,000 aggregate principal amount of its 4.750%
Notes due 2023 guaranteed by the Guarantors (such notes being referred to herein as the Notes and
all references to Securities in the Base Indenture shall be deemed to refer also to the Notes
unless the context otherwise provides); and
WHEREAS, Section 9.01 of the Base Indenture provides that without the consent of the Holders
of the Securities of any series issued under the Base Indenture, the Company, when authorized by a
Board Resolution, and the Trustee may enter into one or more indentures supplemental to the Base
Indenture to, among other things, establish the form or terms of securities of any series as
permitted by Sections 2.01 and 3.01 thereof and provide for Guarantees of such series as provided
by Section 13.01 thereof; and
WHEREAS, the entry into this Third Supplemental Indenture by the parties hereto is in all
respects authorized by the provisions of the Base Indenture; and
WHEREAS, all things necessary have been done to make this Third Supplemental Indenture, when
executed and delivered by the Company and the Guarantors, the legal, valid and binding agreement of
the Company and the Guarantors, in accordance with its terms; and
WHEREAS, all things necessary have been done to make the Notes, when executed and delivered by
the Company and authenticated by the Trustee as provided for in the Indenture, the legal, valid and
binding agreement of the Company, in accordance with its terms; and
WHEREAS, all things necessary have been done to make the Guarantees, when (a) the Notes are
executed and delivered by the Company and authenticated by the Trustee and (b) this Third
Supplemental Indenture is executed and delivered by the Guarantors, the legal, valid and binding
agreement of the Guarantors, in accordance with their terms; and
-1-
NOW, THEREFORE, THIS THIRD SUPPLEMENTAL INDENTURE WITNESSETH:
The parties hereto mutually covenant and agree as follows:
SECTION 1. The Base Indenture is hereby amended solely with respect to the Notes, except as
otherwise expressly provided herein, as follows:
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(A) |
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By amending Section 1.01 to replace in whole the following
definitions thereto in lieu of the corresponding existing definitions, so that
in the event of a conflict with the definition of terms in the Base Indenture,
the following definitions shall control: |
Independent Investment Banker means any of Barclays Capital Inc., J.P. Morgan
Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated or RBS Securities
Inc. and their respective successors, or if all of such firms are unwilling or
unable to select the Comparable Treasury Issue, an independent investment banking
institution of national standing appointed by the Company.
Moodys means Moodys Investors Service, Inc., a subsidiary of Moodys
Corporation, and its successors.
Reference Treasury Dealer means (1) each of Barclays Capital Inc., J.P.
Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBS
Securities Inc. and their respective successors, provided, however, that if any of
the foregoing shall cease to be a primary U.S. Government securities dealer (a
Primary Treasury Dealer), the Company will substitute for such bank another
Primary Treasury Dealer and (2) any other Primary Treasury Dealer selected by the
Independent Investment Banker after consultation with the Company.
S&P means Standard & Poors Ratings Services, a division of The McGraw-Hill
Companies, Inc., and its successors.
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(B) |
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By amending Section 1.01 to add the following new definitions
in correct alphabetical order: |
Change of Control means the occurrence of any of the following after the date
of issuance of the Notes:
1. the direct or indirect sale, lease, transfer, conveyance or other
disposition (other than by way of merger or consolidation), in one or a
series of related transactions, of all or substantially all of the assets of
the Company and its Subsidiaries taken as a whole to any person or group
(as those terms are used in Section 13(d)(3) of the Exchange Act) other than
to the Company or one of its Subsidiaries;
-2-
2. the consummation of any transaction (including, without limitation, any
merger or consolidation) the result of which is that any person or group
(as those terms are used in Section 13(d)(3) of the Exchange Act, it being
agreed that an employee of the Company or any of its Subsidiaries for whom
shares are held under an employee stock ownership, employee retirement,
employee savings or similar plan and whose shares are voted in accordance
with the instructions of such employee shall not be a member of a group
(as that term is used in Section 13(d)(3) of the Exchange Act) solely
because such employees shares are held by a trustee under said plan)
becomes the beneficial owner (as defined in Rules 13d-3 and 13d-5 under
the Exchange Act), directly or indirectly, of the Companys Voting Stock
representing more than 50% of the voting power of its outstanding Voting
Stock;
3. the Company consolidates with, or merges with or into, any Person, or any
Person consolidates with, or merges with or into, the Company, in any such
event pursuant to a transaction in which any of the Companys outstanding
Voting Stock or Voting Stock of such other Person is converted into or
exchanged for cash, securities or other property, other than any such
transaction where the Companys Voting Stock outstanding immediately prior
to such transaction constitutes, or is converted into or exchanged for,
Voting Stock representing more than 50% of the voting power of the Voting
Stock of the surviving Person immediately after giving effect to such
transaction;
4. during any period of 24 consecutive calendar months, the majority of the
members of the Companys Board of Directors shall no longer be composed of
individuals (a) who were members of the Companys Board of Directors on the
first day of such period or (b) whose election or nomination to the
Companys Board of Directors was approved by individuals referred to in
clause (a) above constituting, at the time of such election or nomination,
at least a majority of the Companys Board of Directors or, if directors are
nominated by a committee of the Companys Board of Directors, constituting
at the time of such nomination, at least a majority of such committee; or
5. the adoption of a plan relating to the Companys liquidation or
dissolution.
Change of Control Triggering Event means, with respect to the Notes, the
Notes cease to be rated Investment Grade by each of the Rating Agencies on any date
during the period (the Trigger Period) commencing 60 days prior to the first
public announcement by the Company of any Change of Control (or pending Change of
Control) and ending 60 days following consummation of such Change of Control (which
Trigger Period will be extended following consummation of a
Change of Control for so long as any of the Rating Agencies
-3-
has publicly
announced that it is considering a possible ratings change). If a Rating Agency is
not providing a rating for the Notes at the commencement of any Trigger Period, the
Notes will be deemed to have ceased to be rated Investment Grade by such Rating
Agency during that Trigger Period. Notwithstanding the foregoing, no Change of
Control Triggering Event will be deemed to have occurred in connection with any
particular Change of Control unless and until such Change of Control has actually
been consummated.
Investment Grade means a rating of Baa3 or better by Moodys (or its
equivalent under any successor rating category of Moodys) and a rating of BBB- or
better by S&P (or its equivalent under any successor rating category of S&P), and
the equivalent investment grade credit rating from any replacement rating agency or
rating agencies selected by the Company under the circumstances permitting the
Company to select a replacement agency and in the manner for selecting a replacement
agency, in each case as set forth in the definition of Rating Agency.
Notes has the meaning set forth in the Recitals.
Rating Agency means each of Moodys and S&P; provided, that if any of Moodys
or S&P ceases to rate the Notes or fails to make a rating of the Notes publicly
available for reasons outside the Companys control, the Company may appoint another
nationally recognized statistical rating organization within the meaning of Rule
15c3-1(c)(2)(vi)(F) under the Exchange Act as a replacement for such Rating Agency;
provided, that the Company shall give notice of such appointment to the Trustee.
Voting Stock of any specified Person as of any date means the capital stock
of such Person that is at the time entitled to vote generally in the election of the
board of directors of such Person.
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By amending Section 4.01 by adding the following sentence at
the end of thereof: |
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Both Section 4.02 (defeasance) and Section 4.03 (covenant defeasance) shall
apply to the Notes. |
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(D) |
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By replacing Section 4.03 in its entirety with the following: |
Upon the Companys exercise of the option applicable to this Section
4.03 with respect to the Notes, the Company shall be released from its
obligations under any covenant or provision contained or referred to in
Sections 10.05, 10.06, 10.07 and 14.01, with respect to the Defeased
Securities, on and after the date the conditions set forth in Section 4.04
below are satisfied (hereinafter, covenant defeasance), and the Defeased
Securities shall thereafter be deemed to be not Outstanding for the
-4-
purposes of any direction, waiver, consent or declaration or Act of Holders
(and the consequences of any thereof) in connection with such covenants, but
shall continue to be deemed Outstanding for all other purposes hereunder,
and the Events of Default under Section 5.01(c), (d) and (e) shall cease to
be in full force and effect with respect to the Notes. For this purpose,
such covenant defeasance means that, with respect to the Defeased
Securities, the Company may omit to comply with and shall have no liability
in respect of any term, condition or limitation set forth in any such
Section, whether directly or indirectly, by reason of any reference
elsewhere herein to any such Section or by reason of reference in any such
Section to any other provision herein or in any other document and such
omission to comply shall not constitute a Default or an Event of Default
under Section 5.01(c), (d) and (e) but, except as specified above, the
remainder of this Indenture and such Defeased Securities shall be unaffected
thereby.
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(E) |
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By amending Section 9.01 by: |
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(a) |
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deleting the period at the end of clause (m)
and inserting the following: ; and; and |
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(b) |
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inserting the following clause after clause
(m): |
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(n) to add additional Securities of the same class and series in one
or more tranches from time to time. |
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(F) |
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By amending Section 9.02 by: |
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(a) |
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adding the words and the Guarantors, in
between the words Company and the word when in the fourth line of
the Section; |
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(b) |
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deleting the word or at the end of clause
(j); |
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(c) |
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deleting the period at the end of clause (k)
and inserting the following: ; or; and |
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(d) |
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inserting the following clause after clause
(k): |
(l) amend, change or modify the Companys obligation to make and consummate
a Change of Control Offer in the event of a Change of Control Triggering
Event in accordance with Section 14.01 after such Change of Control
Triggering Event has occurred, including amending, changing or modifying any
definition related thereto.
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(G) |
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By inserting after the first sentence in Section 3.01 the following: |
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The aggregate principal amount of Notes which may be issued under this
Indenture shall be unlimited and the Company may issue additional notes of
the same class and series as the Notes (the Additional Notes) in one or
more tranches from time to time, without notice to or the consent of
existing Holders of the Securities of any series, including the Notes. The
Additional Notes shall have the same terms as all other Notes and all
references in the Indenture shall be deemed to also refer to the Additional
Notes. The Additional Notes shall vote as a class with all other Notes as
to matters as to which such Notes have a vote. |
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(H) |
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By replacing Section 11.01 in its entirety with the following: |
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(a) |
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Prior to the date that is three months prior to
the Stated Maturity of the Notes, the Notes will be redeemable, as a
whole or in part, at the option of the Company, at any time or from
time to time, at a redemption price equal to the greater of: |
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(1) |
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100% of the principal amount of the Notes to be
redeemed, and |
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(2) |
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the sum of the present values of the remaining
scheduled payments of principal and interest on the Notes to be
redeemed discounted to the date of redemption on a semi-annual basis
(assuming a 360-day year consisting of twelve 30-day months) at the
applicable Treasury Rate, plus 25 basis points. |
In the case of each of clauses (1) and (2),
accrued and unpaid interest will be payable to the redemption date.
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(b) |
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On or after the date that is three months prior
to the Stated Maturity of the Notes, the Notes will be redeemable, as a
whole or in part, at the option of the Company, at any time or from
time to time, at a redemption price equal to 100% of the principal
amount of the Notes to be redeemed plus accrued and unpaid interest
thereon to the redemption date. |
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(I) |
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By adding as a new Article XIV thereto the following: |
Article XIV
Repurchase of Notes at the Option of the Holders
Section 14.01. REPURCHASE AT OPTION OF HOLDERS UPON A CHANGE OF CONTROL
-6-
(a) Upon the occurrence of a Change of Control Triggering Event with
respect to the Notes, unless the Company has exercised its right to redeem
the Notes pursuant to Article XI of the Indenture, each Holder of Notes
shall have the right to require the Company to purchase all or a portion
(equal to $2,000 or an integral multiple of $1,000 in excess thereof) of
such Holders Notes pursuant to the offer described below (the Change of
Control Offer), at a purchase price equal to 101% of the principal amount
thereof plus accrued and unpaid interest, if any, to the date of purchase
(the Change of Control Payment), subject to the rights of Holders on the
relevant Regular Record Date to receive interest due on the relevant
Interest Payment Date.
(b) Within 30 days following the date upon which the Change of Control
Triggering Event occurred with respect to the Notes, or at the Companys
option, prior to any Change of Control but after the public announcement of
the pending Change of Control, the Company will be required to send, by
first class mail, a notice to each Holder of Notes, with a copy to the
Trustee, which notice shall govern the terms of the Change of Control Offer.
Such notice shall state:
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(i) |
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the events causing the Change of Control; |
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(ii) |
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the date of the Change of Control; |
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(iii) |
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the amount of the Change of Control Payment; |
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(iv) |
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that the Holder must exercise the
repurchase right prior to the close of business on the purchase
date, which must be no earlier than 30 days nor later than 60
days from the date such notice is mailed, other than as may be
required by law (the Change of Control Payment Date); |
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(v) |
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if the notice is mailed prior to
any Change of Control but after the public announcement of the
pending Change of Control, that the offer is conditioned on the
Change of Control being consummated on or prior to the Change of
Control Payment Date; |
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(vi) |
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the name and address of the
Paying Agent; |
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(vii) |
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that the Holder must complete
the Change of Control Repurchase Notice (as defined below) to
participate in the Change of Control Offer; and
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(viii) |
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any other procedures that Holders must follow to require the
Company to repurchase the Notes. |
(c) Repurchases of Notes under this Section 14.01 shall be made, at the
option of the Holder thereof, upon
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(i) |
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delivery to the Trustee (or other
Paying Agent appointed by the Company) by a Holder of a duly
completed notice (the Change of Control Repurchase Notice) in
the form set forth on the reverse of the Note at any time prior
5:00 p.m., New York City Time, on the Change of Control Payment
Date; or |
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(ii) |
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delivery or book-entry transfer
of the Notes to the Trustee (or other Paying Agent appointed by
the Company) at any time after delivery of the Change of Control
Repurchase Notice (together with all necessary endorsements) at
the Corporate Trust Office of the Trustee or the corporate trust
office of its Affiliate (or other Paying Agent appointed by the
Company) in the Borough of Manhattan, such delivery being a
condition to receipt by the Holder of the Change of Control
Payment therefor; provided that such Change of Control Payment
shall be so paid pursuant to this Section 14.01 only if the Note
so delivered to the Trustee (or other Paying Agent appointed by
the Company) shall conform in all respects to the description
thereof in the related Change of Control Repurchase Notice. |
The Change of Control Repurchase Notice shall state:
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(i) |
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if certificated, the certificate numbers of Notes to be delivered
for repurchase; |
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(ii) |
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the portion of the principal
amount of Notes to be repurchased, which must be $2,000 or an
integral multiple of $1,000 in excess thereof; |
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(iii) |
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that the Notes are to be
repurchased by the Company pursuant to the applicable provisions
of the Notes and the Indenture; and |
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(iv) |
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if such Change of Control
Repurchase Notice is delivered prior to the occurrence of a
Change of Control pursuant to a definitive agreement giving rise
to a Change of Control, that the Holder acknowledges that the
Companys offer is
conditioned on the consummation of such Change of Control. |
-8-
provided, however, that if the Notes are not in certificated form,
the Change of Control Repurchase Notice must comply with appropriate
procedures of the Depositary.
(c) On the Change of Control Payment Date, the Company shall, to the
extent lawful:
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(i) |
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accept or cause a third party to
accept for payment all Notes or portions of Notes properly
tendered pursuant to the Change of Control Offer, |
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(ii) |
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deposit or cause a third party to
deposit with the Paying Agent an amount equal to the Change of
Control Payment in respect of all the Notes or portions of the
Notes properly tendered, and |
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(iii) |
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deliver or cause to be delivered
to the Trustee the Notes properly accepted together with an
Officers Certificate stating the aggregate principal amount of
Notes or portions of Notes being repurchased. |
(d) The Company shall not be required to make a Change of Control Offer
with respect to the Notes if a third party makes such an offer in the
manner, at the times and otherwise in compliance with the requirements for
such an offer made by the Company and such third party purchases all the
Notes properly tendered and not withdrawn under its offer.
Section 14.02. COMPLIANCE WITH TENDER OFFER RULES
The Company shall comply in all material respects with the requirements
of Rule 14e-1 under the Exchange Act and any other securities laws and
regulations thereunder to the extent those laws and regulations are
applicable in connection with the repurchase of the Notes as a result of a
Change of Control Triggering Event. To the extent that the provisions of any
such securities laws or regulations conflict with the Change of Control
Offer provisions of the Notes, the Company shall comply with those
securities laws and regulations and shall not be deemed to have breached the
Companys obligations under the Change of Control Offer provisions of the
Notes by virtue of any such conflict.
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(K) |
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The form of Security attached as Exhibit A hereto shall be the
form of Note for the series of Notes established by this Third Supplemental
Indenture and the terms therein shall be incorporated by reference into this
Third Supplemental Indenture. |
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(L) |
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The Guarantors named in this Third Supplemental Indenture shall
be deemed to be Guarantors (as defined in Section 13.01 of the Base Indenture)
for all purposes under the Base Indenture and this Third Supplemental Indenture
and subject to all provisions of the Base Indenture, including but not limited
to Article XIII. The execution and delivery of this Third Supplemental
Indenture by each such Guarantor shall evidence the Guarantee by such Guarantor
of the Notes in accordance with the terms and conditions of such Article XIII. |
SECTION 2. The Base Indenture is incorporated by reference in full into this Third
Supplemental Indenture, and all parties to this Third Supplemental Indenture agree to be bound by
the terms and provisions of the Base Indenture as supplemented and amended by this Third
Supplemental Indenture. The Base Indenture and this Third Supplemental Indenture shall be read,
taken and construed as one and the same instrument. All provisions included in this Third
Supplemental Indenture supersede any similar provisions included in the Base Indenture unless not
permitted by law.
SECTION 3. If any provision hereof limits, qualifies or conflicts with another provision
hereof which is required to be included in this Third Supplemental Indenture by any of the
provisions of the Trust Indenture Act, such required provision shall control.
SECTION 4. All covenants and agreements in this Third Supplemental Indenture by the Company
and the Guarantors shall bind their respective successors and assigns, whether so expressed or not.
SECTION 5. In case any provision in this Third Supplemental Indenture or in the Notes shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining
provisions herein and therein shall not in any way be affected or impaired thereby.
SECTION 6. Nothing in this Third Supplemental Indenture, expressed or implied, shall give to
any Person, other than the parties hereto and their successors hereunder, and the Holders of the
Notes any benefit or any legal or equitable right, remedy or claim under this Third Supplemental
Indenture.
SECTION 7. This Third Supplemental Indenture and each Note shall be deemed to be a contract
made under the laws of the State of New York and this Third Supplemental Indenture and each such
Note shall be governed by and construed in accordance with the laws of the State of New York.
SECTION 8. All terms used in this Third Supplemental Indenture not otherwise defined herein
that are defined in the Base Indenture shall have the meanings set forth therein.
SECTION 9. This Third Supplemental Indenture may be executed in any number of counterparts,
each of which shall be an original; but such counterparts shall together constitute but one and the
same instrument. Delivery of an executed counterpart of a signature
-10-
page hereto by facsimile or
electronic transmission shall be as effective as delivery of a manually executed counterpart of
this Third Supplemental Indenture.
SECTION 10. The recitals contained herein and in the Notes, except the Trustees certificates
of authentication, shall be taken as the statements of the Company, and the Trustee assumes no
responsibility for their correctness. The Trustee makes no representations as to the validity or
sufficiency of this Third Supplemental Indenture, the Notes or the Guarantees. The Trustee shall
not be accountable for the use or application by the Company of Notes or the proceeds thereof.
-11-
IN WITNESS WHEREOF, the parties hereto have caused this Third Supplemental Indenture to be
duly executed all as of the day and year first above written.
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REPUBLIC SERVICES, INC., as Issuer
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Senior Vice President, Treasurer |
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GUARANTORS:
623 LANDFILL, INC.
A D A J CORPORATION
ACTION DISPOSAL, INC.
ADA COUNTY DEVELOPMENT COMPANY, INC.
ADRIAN LANDFILL, INC.
ADS OF ILLINOIS, INC.
ADS, INC.
AGRICULTURAL ACQUISITIONS, LLC
AGRI-TECH, INC. OF OREGON
ALABAMA RECYCLING SERVICES, INC.
ALBANY LEBANON SANITATION, INC.
ALLIED ACQUISITION PENNSYLVANIA, INC.
ALLIED ACQUISITION TWO, INC.
ALLIED ENVIROENGINEERING, INC.
ALLIED GAS RECOVERY SYSTEMS, L.L.C.
ALLIED GREEN POWER, INC.
ALLIED NOVA SCOTIA, INC.
ALLIED SERVICES, LLC
ALLIED TRANSFER SYSTEMS OF NEW JERSEY, LLC
ALLIED WASTE ALABAMA, INC.
ALLIED WASTE COMPANY, INC.
ALLIED WASTE ENVIRONMENTAL MANAGEMENT GROUP, LLC
ALLIED WASTE HAULING OF GEORGIA, INC.
ALLIED WASTE HOLDINGS (CANADA) LTD.
ALLIED WASTE INDUSTRIES (ARIZONA), INC.
ALLIED WASTE INDUSTRIES (NEW MEXICO), INC.
ALLIED WASTE INDUSTRIES (SOUTHWEST), INC.
ALLIED WASTE INDUSTRIES OF GEORGIA, INC.
ALLIED WASTE INDUSTRIES OF ILLINOIS, INC.
ALLIED WASTE INDUSTRIES OF NORTHWEST INDIANA, INC.
ALLIED WASTE INDUSTRIES OF TENNESSEE, INC.
ALLIED WASTE INDUSTRIES, INC.
ALLIED WASTE LANDFILL HOLDINGS, INC.
ALLIED WASTE NIAGARA FALLS LANDFILL, LLC
ALLIED WASTE NORTH AMERICA, INC.
ALLIED WASTE OF CALIFORNIA, INC.
ALLIED WASTE OF LONG ISLAND, INC.
ALLIED WASTE OF NEW JERSEY, INC.
ALLIED WASTE OF NEW JERSEY-NEW YORK, LLC
ALLIED WASTE RECYCLING SERVICES OF NEW HAMPSHIRE, LLC
ALLIED WASTE RURAL SANITATION, INC.
ALLIED WASTE SERVICES OF COLORADO, INC.
ALLIED WASTE SERVICES OF MASSACHUSETTS, LLC
ALLIED WASTE SERVICES OF NORTH AMERICA, LLC
ALLIED WASTE SERVICES OF PAGE, INC.
ALLIED WASTE SERVICES OF STILLWATER, INC.
ALLIED WASTE SYCAMORE LANDFILL, LLC
ALLIED WASTE SYSTEMS HOLDINGS, INC.
ALLIED WASTE SYSTEMS OF ARIZONA, LLC
ALLIED WASTE SYSTEMS OF COLORADO, LLC
ALLIED WASTE SYSTEMS OF INDIANA, LLC
ALLIED WASTE SYSTEMS OF MICHIGAN, LLC
ALLIED WASTE SYSTEMS OF MONTANA, LLC
ALLIED WASTE SYSTEMS OF NEW JERSEY, LLC
ALLIED WASTE SYSTEMS OF NORTH CAROLINA, LLC
ALLIED WASTE SYSTEMS OF PENNSYLVANIA, LLC
ALLIED WASTE SYSTEMS, INC.
ALLIED WASTE TRANSFER SERVICES OF ARIZONA, LLC
ALLIED WASTE TRANSFER SERVICES OF CALIFORNIA, LLC
ALLIED WASTE TRANSFER SERVICES OF FLORIDA, LLC
ALLIED WASTE TRANSFER SERVICES OF IOWA, LLC
ALLIED WASTE TRANSFER SERVICES OF LIMA, LLC
ALLIED WASTE TRANSFER SERVICES OF NEW YORK, LLC
ALLIED WASTE TRANSFER SERVICES OF NORTH CAROLINA, LLC
ALLIED WASTE TRANSFER SERVICES OF OREGON, LLC
ALLIED WASTE TRANSFER SERVICES OF RHODE ISLAND, LLC
ALLIED WASTE TRANSFER SERVICES OF UTAH, INC.
ALLIED WASTE TRANSPORTATION, INC.
AMERICAN DISPOSAL SERVICES OF ILLINOIS, INC.
AMERICAN DISPOSAL SERVICES OF KANSAS, INC.
AMERICAN DISPOSAL SERVICES OF MISSOURI, INC.
AMERICAN DISPOSAL SERVICES OF NEW JERSEY, INC.
AMERICAN DISPOSAL SERVICES OF WEST VIRGINIA, INC.
AMERICAN DISPOSAL SERVICES, INC.
AMERICAN DISPOSAL TRANSFER SERVICES OF ILLINOIS, INC.
AMERICAN MATERIALS RECYCLING CORP.
AMERICAN SANITATION, INC.
AMERICAN TRANSFER COMPANY, INC.
ANSON COUNTY LANDFILL NC, LLC
APACHE JUNCTION LANDFILL CORPORATION
ARC DISPOSAL COMPANY, INC.
AREA DISPOSAL, INC.
ARIANA, LLC
ATLANTIC WASTE HOLDING COMPANY, INC.
ATLAS TRANSPORT, INC.
ATTWOODS OF NORTH AMERICA, INC.
AUTAUGA COUNTY LANDFILL, LLC
AUTOMATED MODULAR SYSTEMS, INC.
AUTOSHRED, INC.
AWIN LEASING COMPANY, INC.
AWIN LEASING II, LLC
AWIN MANAGEMENT, INC.
BARKER BROTHERS WASTE INCORPORATED
BAY COLLECTION SERVICES, INC.
BAY ENVIRONMENTAL MANAGEMENT, INC.
BAY LANDFILLS, INC.
BAY LEASING COMPANY, INC.
BBCO, INC.
BELLEVILLE LANDFILL, INC.
BERKELEY SANITARY SERVICE, INC.
BFGSI, L.L.C.
BFI ATLANTIC, INC.
BFI ENERGY SYSTEMS OF ALBANY, INC.
BFI ENERGY SYSTEMS OF DELAWARE COUNTY, INC.
BFI ENERGY SYSTEMS OF ESSEX COUNTY, INC.
BFI ENERGY SYSTEMS OF HEMPSTEAD, INC.
BFI ENERGY SYSTEMS OF NIAGARA II, INC.
BFI ENERGY SYSTEMS OF NIAGARA, INC.
BFI ENERGY SYSTEMS OF SEMASS, INC.
BFI ENERGY SYSTEMS OF SOUTHEASTERN CONNECTICUT, INC.
BFI REF-FUEL, INC.
BFI TRANS RIVER (GP), INC.
BFI TRANSFER SYSTEMS OF ALABAMA, LLC
BFI TRANSFER SYSTEMS OF DC, LLC
BFI TRANSFER SYSTEMS OF GEORGIA, LLC
BFI TRANSFER SYSTEMS OF MARYLAND, LLC
BFI TRANSFER SYSTEMS OF MASSACHUSETTS, LLC
BFI TRANSFER SYSTEMS OF MISSISSIPPI, LLC
BFI TRANSFER SYSTEMS OF NEW JERSEY, INC.
BFI TRANSFER SYSTEMS OF PENNSYLVANIA, LLC
BFI TRANSFER SYSTEMS OF VIRGINIA, LLC
BFI WASTE SERVICES OF PENNSYLVANIA, LLC
BFI WASTE SERVICES OF TENNESSEE, LLC
BFI WASTE SERVICES, LLC
BFI WASTE SYSTEMS OF ALABAMA, LLC
BFI WASTE SYSTEMS OF ARKANSAS, LLC
BFI WASTE SYSTEMS OF GEORGIA, LLC
BFI WASTE SYSTEMS OF KENTUCKY, LLC
BFI WASTE SYSTEMS OF LOUISIANA, LLC
BFI WASTE SYSTEMS OF MASSACHUSETTS, LLC
BFI WASTE SYSTEMS OF MISSISSIPPI, LLC
BFI WASTE SYSTEMS OF MISSOURI, LLC
BFI WASTE SYSTEMS OF NEW JERSEY, INC.
BFI WASTE SYSTEMS OF NORTH AMERICA, LLC
BFI WASTE SYSTEMS OF NORTH CAROLINA, LLC
BFI WASTE SYSTEMS OF OKLAHOMA, LLC
BFI WASTE SYSTEMS OF SOUTH CAROLINA, LLC
BFI WASTE SYSTEMS OF TENNESSEE, LLC
BFI WASTE SYSTEMS OF VIRGINIA, LLC
BIO-MED OF OREGON, INC.
BLT ENTERPRISES OF OXNARD, INC.
BOND COUNTY LANDFILL, INC.
BORREGO LANDFILL, INC.
BORROW PIT CORP.
BRICKYARD DISPOSAL & RECYCLING, INC.
BRIDGETON LANDFILL, LLC
BRIDGETON TRANSFER STATION, LLC
BROWNING-FERRIS INDUSTRIES CHEMICAL SERVICES, INC.
BROWNING-FERRIS INDUSTRIES OF CALIFORNIA, INC.
BROWNING-FERRIS INDUSTRIES OF FLORIDA, INC.
BROWNING-FERRIS INDUSTRIES OF ILLINOIS, INC.
BROWNING-FERRIS INDUSTRIES OF NEW JERSEY, INC.
BROWNING-FERRIS INDUSTRIES OF NEW YORK, INC.
BROWNING-FERRIS INDUSTRIES OF OHIO, INC.
BROWNING-FERRIS INDUSTRIES OF TENNESSEE, INC.
BROWNING-FERRIS INDUSTRIES, INC.
BROWNING-FERRIS INDUSTRIES, LLC
BROWNING-FERRIS SERVICES, INC.
BROWNING-FERRIS, INC.
BRUNSWICK WASTE MANAGEMENT FACILITY, LLC
BUNTING TRASH SERVICE, INC.
BUTLER COUNTY LANDFILL, LLC
C & C EXPANDED SANITARY LANDFILL, LLC
CACTUS WASTE SYSTEMS, LLC
CALVERT TRASH SYSTEMS, INCORPORATED
CAPITOL RECYCLING AND DISPOSAL, INC.
CARBON LIMESTONE LANDFILL, LLC
CC LANDFILL, INC.
CECOS INTERNATIONAL, INC.
CELINA LANDFILL, INC.
CENTRAL ARIZONA TRANSFER, INC.
CENTRAL SANITARY LANDFILL, INC.
CENTRAL VIRGINIA PROPERTIES, LLC
CHARTER EVAPORATION RESOURCE RECOVERY SYSTEMS
CHEROKEE RUN LANDFILL, INC.
CHILTON LANDFILL, LLC
CITIZENS DISPOSAL, INC.
CITY-STAR SERVICES, INC.
CLARKSTON DISPOSAL, INC.
COCOPAH LANDFILL, INC.
COMPACTOR RENTAL SYSTEMS OF DELAWARE, INC.
CONSOLIDATED DISPOSAL SERVICE, L.L.C.
CONTINENTAL WASTE INDUSTRIES, L.L.C.
COPPER MOUNTAIN LANDFILL, INC.
CORVALLIS DISPOSAL CO.
COUNTY DISPOSAL (OHIO), INC.
COUNTY DISPOSAL, INC.
COUNTY ENVIRONMENTAL LANDFILL, LLC
COUNTY LAND DEVELOPMENT LANDFILL, LLC
COUNTY LANDFILL, INC.
COURTNEY RIDGE LANDFILL, LLC
CRESCENT ACRES LANDFILL, LLC
CROCKETT SANITARY SERVICE, INC.
CUMBERLAND COUNTY DEVELOPMENT COMPANY, LLC
CWI OF ILLINOIS, INC.
CWI OF MISSOURI, INC.
D & L DISPOSAL, L.L.C.
DALLAS DISPOSAL CO.
DELTA CONTAINER CORPORATION
DELTA DADE RECYCLING CORP.
DELTA PAPER STOCK, CO.
DELTA RESOURCES CORP.
DELTA SITE DEVELOPMENT CORP.
DELTA WASTE CORP.
DEMPSEY WASTE SYSTEMS II, INC.
DENVER RL NORTH, INC.
DTC MANAGEMENT, INC.
E LEASING COMPANY, LLC
EAGLE INDUSTRIES LEASING, INC.
EAST CHICAGO COMPOST FACILITY, INC.
ECDC ENVIRONMENTAL OF HUMBOLDT COUNTY, INC.
ECDC ENVIRONMENTAL, L.C.
ECDC HOLDINGS, INC.
ELDER CREEK TRANSFER & RECOVERY, INC.
ELLIS SCOTT LANDFILL MO, LLC
ENVIROCYCLE, INC.
ENVIRONMENTAL DEVELOPMENT CORP.
ENVIRONMENTAL RECLAMATION COMPANY
ENVIRONTECH, INC.
ENVOTECH-ILLINOIS L.L.C.
EVERGREEN SCAVENGER SERVICE, INC.
EVERGREEN SCAVENGER SERVICE, L.L.C.
F. P. MCNAMARA RUBBISH REMOVAL INC.
FLINT HILL ROAD, LLC
FLL, INC.
FOREST VIEW LANDFILL, LLC
FORWARD, INC.
FRED BARBARA TRUCKING CO., INC.
FRONTIER WASTE SERVICES (COLORADO), LLC
FRONTIER WASTE SERVICES (UTAH), LLC
FRONTIER WASTE SERVICES OF LOUISIANA L.L.C.
G. VAN DYKEN DISPOSAL INC.
GATEWAY LANDFILL, LLC
GEK, INC.
GENERAL REFUSE ROLLOFF CORP.
GENERAL REFUSE SERVICE OF OHIO, L.L.C.
GEORGIA RECYCLING SERVICES, INC.
GOLDEN BEAR TRANSFER SERVICES, INC.
GOLDEN WASTE DISPOSAL, INC.
GRANTS PASS SANITATION, INC.
GREAT LAKES DISPOSAL SERVICE, INC.
GREAT PLAINS LANDFILL OK, LLC
GREENRIDGE RECLAMATION, LLC
GREENRIDGE WASTE SERVICES, LLC
GULFCOAST WASTE SERVICE, INC.
HANCOCK COUNTY DEVELOPMENT COMPANY, LLC
HARLANDS SANITARY LANDFILL, INC.
HARRISON COUNTY LANDFILL, LLC
HONEYGO RUN RECLAMATION CENTER, INC.
ILLINOIS LANDFILL, INC.
ILLINOIS RECYCLING SERVICES, INC.
ILLINOIS VALLEY RECYCLING, INC.
IMPERIAL LANDFILL, INC.
INDEPENDENT TRUCKING COMPANY
INGRUM WASTE DISPOSAL, INC.
INTERNATIONAL DISPOSAL CORP. OF CALIFORNIA
ISLAND WASTE SERVICES LTD.
JACKSON COUNTY LANDFILL, LLC
JEFFERSON CITY LANDFILL, LLC
JEFFERSON PARISH DEVELOPMENT COMPANY, LLC
JETTER DISPOSAL, INC.
KANDEL ENTERPRISES, LLC
KANKAKEE QUARRY, INC.
KELLER CANYON LANDFILL COMPANY
KELLER DROP BOX, INC.
LA
CAÑADA DISPOSAL COMPANY, INC.
LAKE NORMAN LANDFILL, INC.
LANDCOMP CORPORATION
LATHROP SUNRISE SANITATION CORPORATION
LEE COUNTY LANDFILL SC, LLC
LEE COUNTY LANDFILL, INC.
LEMONS LANDFILL, LLC
LIBERTY WASTE HOLDINGS, INC.
LIBERTY WASTE SERVICES LIMITED, L.L.C.
LIBERTY WASTE SERVICES OF ILLINOIS, L.L.C.
LIBERTY WASTE SERVICES OF MCCOOK, L.L.C.
LITTLE CREEK LANDING, LLC
LOCAL SANITATION OF ROWAN COUNTY, L.L.C.
LOOP RECYCLING, INC.
LOOP TRANSFER, INCORPORATED
LORAIN COUNTY LANDFILL, LLC
LOUIS PINTO & SON, INC., SANITATION CONTRACTORS
LUCAS COUNTY LAND DEVELOPMENT, INC.
LUCAS COUNTY LANDFILL, LLC
MADISON COUNTY DEVELOPMENT, LLC
MANUMIT OF FLORIDA, INC.
MCCUSKER RECYCLING, INC.
MCINNIS WASTE SYSTEMS, INC.
MENANDS ENVIRONMENTAL SOLUTIONS, LLC
MESA DISPOSAL, INC.
MIDWAY DEVELOPMENT COMPANY, INC.
MISSISSIPPI WASTE PAPER COMPANY
MISSOURI CITY LANDFILL, LLC
MOUNTAIN HOME DISPOSAL, INC.
N LEASING COMPANY, LLC
NATIONSWASTE CATAWBA REGIONAL LANDFILL, INC.
NATIONSWASTE, INC.
NCORP, INC.
NEW MORGAN LANDFILL COMPANY, INC.
NEW YORK WASTE SERVICES, LLC
NEWCO WASTE SYSTEMS OF NEW JERSEY, INC.
NOBLE ROAD LANDFILL, INC.
NORTHEAST LANDFILL, LLC
NORTHLAKE TRANSFER, INC.
NORTHWEST TENNESSEE DISPOSAL CORPORATION
OAKLAND HEIGHTS DEVELOPMENT, INC.
OBSCURITY LAND DEVELOPMENT, LLC
OHIO REPUBLIC CONTRACTS, II, INC.
OHIO REPUBLIC CONTRACTS, INC.
OKLAHOMA CITY LANDFILL, L.L.C.
OSCARS COLLECTION SYSTEM OF FREMONT, INC.
OTAY LANDFILL, INC.
OTTAWA COUNTY LANDFILL, INC.
PACKERTON LAND COMPANY, L.L.C.
PALOMAR TRANSFER STATION, INC.
PELTIER REAL ESTATE COMPANY
PERDOMO & SONS, INC.
PINAL COUNTY LANDFILL CORP.
PINECREST LANDFILL OK, LLC
PITTSBURG COUNTY LANDFILL, INC.
POLK COUNTY LANDFILL, LLC
PORT CLINTON LANDFILL, INC.
PORTABLE STORAGE CO.
PREBLE COUNTY LANDFILL, INC.
PRICE & SONS RECYCLING COMPANY
PRINCE GEORGES COUNTY LANDFILL, LLC
R.C. MILLER ENTERPRISES, INC.
R.C. MILLER REFUSE SERVICE INC.
RABANCO RECYCLING, INC.
RABANCO, LTD.
RAMONA LANDFILL, INC.
RCS, INC.
RELIABLE DISPOSAL, INC.
REPUBLIC DUMPCO, INC.
REPUBLIC ENVIRONMENTAL TECHNOLOGIES, INC.
REPUBLIC OHIO CONTRACTS, LLC
REPUBLIC SERVICES AVIATION, INC.
REPUBLIC SERVICES ENVIRONMENTAL, LLC
REPUBLIC SERVICES FINANCIAL LP, INC.
REPUBLIC SERVICES GROUP, LLC
REPUBLIC SERVICES HOLDING COMPANY, INC.
REPUBLIC SERVICES OF ARIZONA HAULING, LLC
REPUBLIC SERVICES OF CALIFORNIA HOLDING COMPANY, INC.
REPUBLIC SERVICES OF CALIFORNIA II, LLC
REPUBLIC SERVICES OF COLORADO HAULING, LLC
REPUBLIC SERVICES OF COLORADO I, LLC
REPUBLIC SERVICES OF FLORIDA GP, INC.
REPUBLIC SERVICES OF FLORIDA LP, INC.
REPUBLIC SERVICES OF GEORGIA GP, LLC
REPUBLIC SERVICES OF GEORGIA LP, LLC
REPUBLIC SERVICES OF INDIANA LP, INC.
REPUBLIC SERVICES OF INDIANA TRANSPORTATION, LLC
REPUBLIC SERVICES OF KENTUCKY, LLC
REPUBLIC SERVICES OF MICHIGAN HAULING, LLC
REPUBLIC SERVICES OF MICHIGAN HOLDING COMPANY, INC.
REPUBLIC SERVICES OF MICHIGAN I, LLC
REPUBLIC SERVICES OF MICHIGAN II, LLC
REPUBLIC SERVICES OF MICHIGAN III, LLC
REPUBLIC SERVICES OF MICHIGAN IV, LLC
REPUBLIC SERVICES OF MICHIGAN V, LLC
REPUBLIC SERVICES OF NEW JERSEY, LLC
REPUBLIC SERVICES OF NORTH CAROLINA, LLC
REPUBLIC SERVICES OF OHIO HAULING, LLC
REPUBLIC SERVICES OF OHIO I, LLC
REPUBLIC SERVICES OF OHIO II, LLC
REPUBLIC SERVICES OF OHIO III, LLC
REPUBLIC SERVICES OF OHIO IV, LLC
REPUBLIC SERVICES OF PENNSYLVANIA, LLC
REPUBLIC SERVICES OF SOUTH CAROLINA, LLC
REPUBLIC SERVICES OF SOUTHERN CALIFORNIA, LLC
REPUBLIC SERVICES OF VIRGINIA, LLC
REPUBLIC SERVICES OF WISCONSIN GP, LLC
REPUBLIC SERVICES OF WISCONSIN LP, LLC
REPUBLIC SERVICES REAL ESTATE HOLDING, INC.
REPUBLIC SERVICES VASCO ROAD, LLC
REPUBLIC SILVER STATE DISPOSAL, INC.
REPUBLIC WASTE SERVICES OF SOUTHERN CALIFORNIA, LLC
REPUBLIC WASTE SERVICES OF TEXAS GP, INC.
REPUBLIC WASTE SERVICES OF TEXAS LP, INC.
RESOURCE RECOVERY, INC.
RI/ALAMEDA CORP.
RICHMOND SANITARY SERVICE, INC.
RISK SERVICES, INC.
RITM, LLC
ROCK ROAD INDUSTRIES, INC.
ROSS BROS. WASTE & RECYCLING CO.
ROSSMAN SANITARY SERVICE, INC.
ROXANA LANDFILL, INC.
ROYAL HOLDINGS, INC.
RUBBISH CONTROL, LLC
S & S RECYCLING, INC.
S LEASING COMPANY, LLC
SALINE COUNTY LANDFILL, INC.
SAN DIEGO LANDFILL SYSTEMS, LLC
SAN MARCOS NCRRF, INC.
SAND VALLEY HOLDINGS, L.L.C.
SANDY HOLLOW LANDFILL CORP.
SANGAMON VALLEY LANDFILL, INC.
SANITARY DISPOSAL SERVICE, INC.
SAUK TRAIL DEVELOPMENT, INC.
SCHOFIELD CORPORATION OF ORLANDO
SHOW-ME LANDFILL, LLC
SHRED ALL RECYCLING SYSTEMS INC.
SOLANO GARBAGE COMPANY
SOURCE RECYCLING, INC.
SOUTHEAST LANDFILL, LLC
SOUTHERN ILLINOIS REGIONAL LANDFILL, INC.
ST. BERNARD PARISH DEVELOPMENT COMPANY, LLC
ST. JOSEPH LANDFILL, LLC
STANDARD DISPOSAL SERVICES, INC.
STANDARD ENVIRONMENTAL SERVICES, INC.
STANDARD WASTE, INC.
STREATOR AREA LANDFILL, INC.
SUBURBAN TRANSFER, INC.
SUBURBAN WAREHOUSE, INC.
SUMMIT WASTE SYSTEMS, INC.
SUNRISE SANITATION SERVICE, INC.
SUNSET DISPOSAL SERVICE, INC.
SUNSET DISPOSAL, INC.
SYCAMORE LANDFILL, INC.
TATES TRANSFER SYSTEMS, INC.
TAY-BAN CORPORATION
TAYLOR RIDGE LANDFILL, INC.
TENNESSEE UNION COUNTY LANDFILL, INC.
THE ECOLOGY GROUP, INC.
THOMAS DISPOSAL SERVICE, INC.
TOM LUCIANOS DISPOSAL SERVICE, INC.
TOTAL ROLL-OFFS, L.L.C.
TOTAL SOLID WASTE RECYCLERS, INC.
TRICIL (N.Y.), INC.
TRI-COUNTY REFUSE SERVICE, INC.
TRI-STATE RECYCLING SERVICES, INC.
TRI-STATE REFUSE CORPORATION
UNITED DISPOSAL SERVICE, INC.
UPPER ROCK ISLAND COUNTY LANDFILL, INC.
VALLEY LANDFILLS, INC.
VINING DISPOSAL SERVICE, INC.
WASATCH REGIONAL LANDFILL, INC.
WASTE CONTROL SYSTEMS, INC.
WASTE SERVICES OF NEW YORK, INC.
WASTEHAUL, INC.
WAYNE COUNTY LAND DEVELOPMENT, LLC
WAYNE COUNTY LANDFILL IL, INC.
WAYNE DEVELOPERS, LLC
WDTR, INC.
WEBSTER PARISH LANDFILL, L.L.C.
WEST CONTRA COSTA ENERGY RECOVERY COMPANY
WEST CONTRA COSTA SANITARY LANDFILL, INC.
WEST COUNTY LANDFILL, INC.
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WEST COUNTY RESOURCE RECOVERY, INC.
WILLAMETTE RESOURCES, INC.
WILLIAMS COUNTY LANDFILL INC.
WILLOW RIDGE LANDFILL, LLC
WJR ENVIRONMENTAL, INC.
WOODLAKE SANITARY SERVICE, INC.
ZAKAROFF SERVICES
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer of each of the foregoing
entities |
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ABILENE LANDFILL TX, LP
BFI TRANSFER SYSTEMS OF TEXAS, LP
BFI WASTE SERVICES OF INDIANA, LP
BFI WASTE SERVICES OF TEXAS, LP
BFI WASTE SYSTEMS OF INDIANA, LP
BLUE RIDGE LANDFILL TX, LP
BRENHAM TOTAL ROLL-OFFS, LP
CAMELOT LANDFILL TX, LP
CEFE LANDFILL TX, LP
CROW LANDFILL TX, L.P.
DESARROLLO DEL RANCHO LA GLORIA TX, LP
EL CENTRO LANDFILL, L.P.
ELLIS COUNTY LANDFILL TX, LP
FORT WORTH LANDFILL TX, LP
FRONTIER WASTE SERVICES, L.P.
GALVESTON COUNTY LANDFILL TX, LP
GILES ROAD LANDFILL TX, LP
GOLDEN TRIANGLE LANDFILL TX, LP
GREENWOOD LANDFILL TX, LP
GULF WEST LANDFILL TX, LP
ITASCA LANDFILL TX, LP
KERRVILLE LANDFILL TX, LP
LEWISVILLE LANDFILL TX, LP
MARS ROAD TX, LP
MCCARTY ROAD LANDFILL TX, LP
MESQUITE LANDFILL TX, LP
MEXIA LANDFILL TX, LP
PANAMA ROAD LANDFILL, TX, L.P.
PINE HILL FARMS LANDFILL TX, LP
PLEASANT OAKS LANDFILL TX, LP
RIO GRANDE VALLEY LANDFILL TX, LP
ROYAL OAKS LANDFILL TX, LP
SOUTH CENTRAL TEXAS LAND CO. TX, LP
SOUTHWEST LANDFILL TX, LP
TESSMAN ROAD LANDFILL TX, LP
TURKEY CREEK LANDFILL TX, LP
VICTORIA LANDFILL TX, LP
WHISPERING PINES LANDFILL TX, LP
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By: |
Allied Waste Landfill Holdings, Inc., as General
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Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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BENTON COUNTY DEVELOPMENT COMPANY
CLINTON COUNTY LANDFILL PARTNERSHIP
COUNTY LINE LANDFILL PARTNERSHIP
ILLIANA DISPOSAL PARTNERSHIP
JASPER COUNTY DEVELOPMENT COMPANY PARTNERSHIP
KEY WASTE INDIANA PARTNERSHIP
LAKE COUNTY C & D DEVELOPMENT PARTNERSHIP
NEWTON COUNTY LANDFILL PARTNERSHIP
SPRINGFIELD ENVIRONMENTAL GENERAL PARTNERSHIP
TIPPECANOE COUNTY WASTE SERVICES PARTNERSHIP
WARRICK COUNTY DEVELOPMENT COMPANY
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By: |
Allied Waste Landfill Holdings, Inc., as General
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Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Allied Waste North America, Inc., as General
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Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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BENSON VALLEY LANDFILL GENERAL PARTNERSHIP
BLUE RIDGE
LANDFILL GENERAL PARTNERSHIP
GREEN VALLEY
LANDFILL GENERAL PARTNERSHIP
MOREHEAD LANDFILL GENERAL PARTNERSHIP
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By: |
Allied Waste North America, Inc., as General
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Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Browning-Ferris Industries of Tennessee, Inc.,
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as General Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC WASTE SERVICES OF TEXAS, LTD.
RWS TRANSPORT, L.P.
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By: |
Republic Waste Services of Texas GP, Inc., as
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General Partner of each of the foregoing entities |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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BFI ENERGY SYSTEMS OF SOUTHEASTERN
CONNECTICUT, LIMITED PARTNERSHIP
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By: |
BFI Energy Systems of Southeastern Connecticut,
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Inc., its General Partner |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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OCEANSIDE WASTE & RECYCLING SERVICES
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By: |
Republic Services, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Zakaroff Services, its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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RABANCO COMPANIES
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By: |
Rabanco Recycling, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Rabanco, Ltd., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES FINANCIAL, LIMITED PARTNERSHIP
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By: |
Republic Silver State Disposal, Inc., its General
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Partner |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF FLORIDA, LIMITED PARTNERSHIP
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By: |
Republic
Services of Florida GP, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF GEORGIA, LIMITED PARTNERSHIP
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By: |
Republic Services of Georgia GP, LLC, its General
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Partner |
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF INDIANA, LIMITED PARTNERSHIP
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By: |
Republic Services, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Senior Vice President, Treasurer |
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REPUBLIC SERVICES OF WISCONSIN, LIMITED PARTNERSHIP
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By: |
Republic Services of Wisconsin GP, LLC, its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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DINVERNO, INC.
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By: |
/s/ Roger A. Groen Jr.
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Name: |
Roger A. Groen Jr. |
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Title: |
President |
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THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A., as Trustee
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By: |
/s/ Craig A. Kaye
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Name: |
Craig A. Kaye |
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Title: |
Vice President |
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EXHIBIT A
[FORM OF FACE OF SECURITY]
[THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE
HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A
NOMINEE OF A DEPOSITARY OR A SUCCESSOR DEPOSITARY. TRANSFERS OF THIS GLOBAL
SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO
NOMINEES OF CEDE & CO. OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSORS NOMINEE
AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO
TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN SECTION 3.06
OF THE INDENTURE.
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (DTC), TO THE COMPANY OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT AND ANY SUCH
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER
NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE
REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]1
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1 |
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This paragraph should be included only if the
Note is issued in global form. |
A-1
REPUBLIC SERVICES, INC.
4.750% NOTES DUE 2023
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No. _____
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CUSIP NO.
$___________________ |
Republic Services, Inc., a Delaware corporation (herein called the Company, which term
includes any successor Person under the Indenture hereinafter referred to), for value received,
hereby promises to pay to _________ or its registered assigns, the principal sum of __________
($__________) United States dollars [, or such greater or lesser amount as may from time to time be
endorsed on the Schedule of Increases and Decreases of Interests in the Global Note attached hereto
(but in no event may such amount exceed the aggregate principal amount of Notes authenticated
pursuant to Section 3.03 of the Indenture referred to below and then Outstanding pursuant the terms
of the Indenture)]2, on May 15, 2023, at the office or agency of the Company referred to
below, and to pay interest thereon from May 9, 2011 or from the most recent Interest Payment Date
to which interest has been paid or duly provided for, semi-annually on May 15 and November 15 in
each year, commencing November 15, 2011 at the rate of 4.750% per annum, in United States dollars,
until the principal hereof is paid or duly provided for. Interest shall be computed on the basis
of a 360-day year comprised of twelve 30-day months.
The interest so payable, and punctually paid or duly provided for, on any Interest Payment
Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or any
Predecessor Securities) is registered at the close of business on the Regular Record Date for such
interest, which shall be the May 1 or November 1 (whether or not a Business Day), as the case may
be, next preceding such Interest Payment Date. Any such interest not so punctually paid, or duly
provided for, and interest on such defaulted interest at the interest rate borne by the Securities,
to the extent lawful, shall forthwith cease to be payable to the Holder on such Regular Record
Date, and may either be paid to the Person in whose name this Security (or any Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such
defaulted interest to be fixed by the Trustee, notice thereof shall be given to Holders of
Securities not less than 10 days prior to such Special Record Date, or be paid at any time in any
other lawful manner not inconsistent with the requirements of any securities exchange on which the
Securities may be listed, and upon such notice as may be required by such exchange, all as more
fully provided in this Indenture.
Payment of the principal of, premium, if any, and interest on, this Security, and exchange or
transfer of this Security, will be made at the office or agency of the Company in The City of New
York maintained for such purpose (which initially will be a corporate trust office of the Trustee
or its affiliate located at 101 Barclay Street, Floor 8W, New York, NY 10286), or at
A-2
such other office or agency as may be maintained for such purpose, in such coin or currency of
the United States of America as at the time of payment is legal tender for payment of public and
private debts; provided, however, that payment of interest may be made at the option of the Company
by check mailed to the address of the Person entitled thereto as such address shall appear on the
Security Register.
Reference is hereby made to the further provisions of this Security set forth on the reverse
hereof, which further provisions shall for all purposes have the same effect as if set forth at
this place.
A-3
Unless the certificate of authentication hereon has been duly executed by the Trustee referred
to on the reverse hereof or by the authenticating agent appointed as provided in the Indenture by
manual signature of an authorized signer, this Security shall not be entitled to any benefit under
the Indenture, or be valid or obligatory for any purpose.
IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed by the manual
or facsimile signature of one of its authorized officers.
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REPUBLIC SERVICES, INC.
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By: |
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Name: |
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Title: |
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A-4
TRUSTEES CERTIFICATE OF AUTHENTICATION
This is one of the 4.750% Notes due May 15, 2023 referred to in the within-mentioned
Indenture.
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THE BANK OF NEW YORK MELLON TRUST
COMPANY, N.A., as Trustee
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By: |
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Authorized Signatory |
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Dated: __________
A-5
[FORM OF REVERSE SIDE OF SECURITY]
REPUBLIC SERVICES, INC.
4.750% Notes due 2023
This Security is one of a duly authorized issue of Securities of the Company designated as its
4.750% Notes due 2023 (herein called the Securities), limited (except as otherwise provided in
the Indenture referred to below) in aggregate principal amount to $550,000,000, issued under and
subject to the terms of an indenture (herein called the Indenture) dated as of September 8, 2009,
between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (herein called
the Trustee, which term includes any successor trustee under the Indenture), as supplemented by a
Third Supplemental Indenture, dated as of May 9, 2011, among the Company, the guarantors listed on
the signature pages thereto (the Guarantors) and the Trustee to which Indenture and all
indentures supplemental thereto reference is hereby made for a statement of the respective rights,
limitations of rights, duties, obligations and immunities thereunder of the Company, the
Guarantors, the Trustee and the Holders of the Securities, and of the terms upon which the
Securities are, and are to be, authenticated and delivered.
Prior to the dated that is three months prior to their Stated Maturity, the Securities may be
redeemed, as a whole or in part, at the option of the Company, at any time and from time to time at
a Redemption Price equal to the greater of (1) 100% of the principal amount of the Securities to be
redeemed and (2) the sum of the present values of the remaining scheduled payments of principal and
interest thereon, discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year
consisting of twelve 30-day months) at the applicable Treasury Rate, plus 25 basis points, plus, in
each case, accrued and unpaid interest to the Redemption Date, if any (subject to the right of
holders of record of such Securities on relevant record dates to receive interest due on an
interest payment date). On or after the date that is three months prior to their Stated Maturity,
the Securities may be redeemed in whole or in part, at the option of the Company, at any time and
from time to time at a Redemption Price equal to 100% of the principal amount of the Securities to
be redeemed plus accrued and unpaid interest thereon to the Redemption Date, if any (subject to the
right of holders of record of such Securities on relevant record dates to receive interest due on
an interest payment date).
Any redemption may be made upon not less than 30 and not more than 60 days notice to the
Holders thereof as provided in the Indenture.
If less than all of the Securities are to be redeemed, the Trustee shall select, not more than
60 nor less than 30 days before the Redemption Date, the Securities or portions thereof to be
redeemed, by such method the Trustee shall deem fair and appropriate.
In the case of any redemption of Securities in accordance with the Indenture, interest
installments whose Stated Maturity is on or prior to the Redemption Date will be payable to the
Holders of such Securities of record as of the close of business on the relevant Regular
Record Date or Special Record Date referred to on the face hereof. Securities (or portions
A-6
thereof) for whose redemption and payment provision is made in accordance with the Indenture shall
cease to bear interest from and after the Redemption Date.
In the event of redemption or repurchase of this Security in accordance with the Indenture in
part only, a new Security or Securities for the unredeemed portion hereof shall be issued in the
name of the Holder hereof upon the cancellation hereof.
Upon the occurrence of a Change of Control Triggering Event with respect to the Securities,
unless the Company has exercised its right to redeem the Securities pursuant to Article XI of the
Indenture, each Holder of the Securities shall have the right to require the Company to purchase
all or a portion (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such
Holders Security pursuant to Article XIV of the Indenture.
If an Event of Default shall occur and be continuing, the principal amount of all the
Securities may be declared due and payable in the manner and with the effect provided in the
Indenture.
The Indenture contains provisions for defeasance at any time of (a) the entire Indebtedness on
the Securities and (b) certain covenants and Defaults and Events of Default, in each case upon
compliance with certain conditions set forth therein.
The Indenture permits, with certain exceptions (including certain amendments permitted without
the consent of any Holders and certain amendments which required the consent of all of the Holders)
as therein provided, the amendment thereof and the modification of the rights and obligations of
the Company and the rights of the Holders under the Indenture and the Securities at any time by the
Company, the Guarantors and the Trustee with the consent of the Holders of at least a majority in
aggregate principal amount of the Securities at the time Outstanding that are affected. The
Indenture also contains provisions permitting the Holders of at least a majority in aggregate
principal amount of the Securities (100% of the Holders in certain circumstances) at the time
Outstanding that are affected, on behalf of the Holders of all the Securities, to waive compliance
by the Company with certain provisions of the Indenture and the Securities of such series and
certain past Defaults and Events of Default under the Indenture and the Securities and their
consequences. Any such consent or waiver by or on behalf of the Holder of this Security shall be
conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof
whether or not notation of such consent or waiver is made upon this Security.
No reference herein to the Indenture and no provision of this Security or of the Indenture
shall alter or impair the obligation of the Company or any other obligor on the Securities (in the
event such other obligor is obligated to make payments in respect of the Securities), which is
absolute and unconditional, to pay the principal of, and premium, if any, and interest on, this
Security at the times, place, and rate, and in the coin or currency, herein prescribed.
As provided in the Indenture and subject to certain limitations therein set forth, the
transfer of this Security is registrable in the Security Register, upon surrender of this Security
A-7
for registration of transfer at the office or agency of the Company in the Borough of Manhattan,
The City of New York, duly endorsed by, or accompanied by a written instrument of transfer in form
satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or its
attorney duly authorized in writing, and thereupon one or more new Securities, of authorized
denominations and for the same aggregate principal amount, will be issued to the designated
transferee or transferees.
The Securities in certificated form are issuable only in registered form without coupons in
denominations of $2,000 and any integral multiple of $1,000 in excess thereof. As provided in the
Indenture and subject to certain limitations therein set forth, the Securities are exchangeable for
a like aggregate principal amount of Securities of a differing authorized denomination, as
requested by the Holder surrendering the same.
Except as indicated in the Indenture, no service charge shall be made for any registration of
transfer or exchange of Securities, but the Company may require payment of a sum sufficient to
cover any tax or other governmental charge payable in connection therewith.
A director, officer, employee or stockholder, as such, of the Company or any Guarantor shall
not have any liability for any obligations under the Securities or the Indenture or for any claim
based on, in respect of or by reason of such obligations or their creation. By accepting a
Security, each Holder waives and releases all such liability. The waiver and release are part of
the consideration for the issue of the Securities.
Prior to due presentment of this Security for registration of transfer, the Company, the
Trustee and any agent of the Company or the Trustee may treat the Person in whose name this
Security is registered as the owner hereof for all purposes, whether or not this Security is
overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the
contrary.
THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK, WITHOUT GIVING EFFECT TO THE TO CONFLICT OF LAWS PRINCIPLES THEREOF.
All terms used in this Security which are defined in the Indenture and not otherwise defined herein
shall have the meanings assigned to them in the Indenture.
A-8
CHANGE OF CONTROL REPURCHASE NOTICE
If you want to elect to have only part of the Security purchased by the Company pursuant to Section
14.01 of the Indenture, state the amount you elect to have purchased:
$______________
Date:___________________________
Your Signature:_______________________
(Sign exactly as your name appears on the face of this Security)
Tax Identification No:_________________
Signature Guarantee*:______________
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Participant in a recognized Signature Guarantee Medallion Program (or other signature
guarantor acceptable to the Trustee).
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A-9
SCHEDULE OF INCREASES AND DECREASES OF INTERESTS
IN THE GLOBAL SECURITY3
The following increases or decreases in this Global Security have been made:
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Amount of |
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Amount of |
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increase in |
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Principal Amount |
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decrease |
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Principal |
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of this Global |
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Signature of |
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in Principal |
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Amount of |
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Security following |
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authorized officer |
Date of |
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Amount of |
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this Global |
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such decrease |
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of Trustee or Note |
Exchange |
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this Global Security |
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Security |
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(or increase) |
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Custodian |
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3 |
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This should be included only if the Security
is a Global Security. |
A-10
exv4w3
Exhibit 4.3
REPUBLIC SERVICES, INC.
to
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
as Trustee
GUARANTEED
BY THE GUARANTORS NAMED HEREIN
FOURTH SUPPLEMENTAL INDENTURE,
Dated as of May 9, 2011
$600,000,000
5.700% Notes due 2041
Supplement to Indenture dated as of September 8, 2009
1
FOURTH SUPPLEMENTAL INDENTURE, dated as of May 9, 2011 (the Fourth Supplemental Indenture),
between REPUBLIC SERVICES, INC., a Delaware corporation (hereinafter called the Company), the
guarantors listed on the signature pages hereto (collectively, the Guarantors and each, a
Guarantor), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as trustee under the Base
Indenture referred to below (hereinafter called the Trustee).
WHEREAS, the Company entered into an Indenture dated as of September 8, 2009 (the Base
Indenture, all capitalized terms used in this Fourth Supplemental Indenture and not otherwise
defined being used as defined in the Base Indenture) (the Base Indenture and Fourth Supplemental
Indenture are hereinafter collectively called the Indenture) with the Trustee, providing for (i)
the issuance of senior debt securities, unlimited as to principal amount, to bear such rates of
interest, to mature at such time or times, to be issued in one or more series and to have such
other provisions as authorized by or pursuant to the authority granted in one or more resolutions
of the Board of Directors of the Company and (ii) the guarantee of such senior debt securities by
guarantors to be named in a supplemental indenture (collectively, the Guarantees and each, a
Guarantee); and
WHEREAS, the Company proposes to issue $600,000,000 aggregate principal amount of its 5.700%
Notes due 2041 guaranteed by the Guarantors (such notes being referred to herein as the Notes and
all references to Securities in the Base Indenture shall be deemed to refer also to the Notes
unless the context otherwise provides); and
WHEREAS, Section 9.01 of the Base Indenture provides that without the consent of the Holders
of the Securities of any series issued under the Base Indenture, the Company, when authorized by a
Board Resolution, and the Trustee may enter into one or more indentures supplemental to the Base
Indenture to, among other things, establish the form or terms of securities of any series as
permitted by Sections 2.01 and 3.01 thereof and provide for Guarantees of such series as provided
by Section 13.01 thereof; and
WHEREAS, the entry into this Fourth Supplemental Indenture by the parties hereto is in all
respects authorized by the provisions of the Base Indenture; and
WHEREAS, all things necessary have been done to make this Fourth Supplemental Indenture, when
executed and delivered by the Company and the Guarantors, the legal, valid and binding agreement of
the Company and the Guarantors, in accordance with its terms; and
WHEREAS, all things necessary have been done to make the Notes, when executed and delivered by
the Company and authenticated by the Trustee as provided for in the Indenture, the legal, valid and
binding agreement of the Company, in accordance with its terms; and
WHEREAS, all things necessary have been done to make the Guarantees, when (a) the Notes are
executed and delivered by the Company and authenticated by the
Trustee and (b) this Fourth Supplemental Indenture is executed and delivered by the Guarantors, the legal,
valid and binding agreement of the Guarantors, in accordance with their terms; and
-1-
NOW, THEREFORE, THIS FOURTH SUPPLEMENTAL INDENTURE WITNESSETH:
The parties hereto mutually covenant and agree as follows:
SECTION 1. The Base Indenture is hereby amended solely with respect to the Notes, except as
otherwise expressly provided herein, as follows:
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(A) |
|
By amending Section 1.01 to replace in whole the following
definitions thereto in lieu of the corresponding existing definitions, so that
in the event of a conflict with the definition of terms in the Base Indenture,
the following definitions shall control: |
Independent Investment Banker means any of Barclays Capital Inc., J.P. Morgan
Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated or RBS Securities
Inc. and their respective successors, or if all of such firms are unwilling or
unable to select the Comparable Treasury Issue, an independent investment banking
institution of national standing appointed by the Company.
Moodys means Moodys Investors Service, Inc., a subsidiary of Moodys
Corporation, and its successors.
Reference Treasury Dealer means (1) each of Barclays Capital Inc., J.P.
Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBS
Securities Inc. and their respective successors, provided, however, that if any of
the foregoing shall cease to be a primary U.S. Government securities dealer (a
Primary Treasury Dealer), the Company will substitute for such bank another
Primary Treasury Dealer and (2) any other Primary Treasury Dealer selected by the
Independent Investment Banker after consultation with the Company.
S&P means Standard & Poors Ratings Services, a division of The McGraw-Hill
Companies, Inc., and its successors.
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(B) |
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By amending Section 1.01 to add the following new definitions
in correct alphabetical order: |
Change of Control means the occurrence of any of the following after the date
of issuance of the Notes:
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1. the direct or indirect sale, lease, transfer, conveyance or other
disposition (other than by way of merger or consolidation), in one or a
series of related transactions, of all or substantially all of the assets of
the Company and its Subsidiaries taken as a whole to any person or group
(as those terms are used in Section 13(d)(3) of the Exchange Act) other
than to the Company or one of its Subsidiaries; |
-2-
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2. the consummation of any transaction (including, without limitation, any
merger or consolidation) the result of which is that any person or group
(as those terms are used in Section 13(d)(3) of the Exchange Act, it being
agreed that an employee of the Company or any of its Subsidiaries for whom
shares are held under an employee stock ownership, employee retirement,
employee savings or similar plan and whose shares are voted in accordance
with the instructions of such employee shall not be a member of a group
(as that term is used in Section 13(d)(3) of the Exchange Act) solely
because such employees shares are held by a trustee under said plan)
becomes the beneficial owner (as defined in Rules 13d-3 and 13d-5 under
the Exchange Act), directly or indirectly, of the Companys Voting Stock
representing more than 50% of the voting power of its outstanding Voting
Stock; |
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3. the Company consolidates with, or merges with or into, any Person, or any
Person consolidates with, or merges with or into, the Company, in any such
event pursuant to a transaction in which any of the Companys outstanding
Voting Stock or Voting Stock of such other Person is converted into or
exchanged for cash, securities or other property, other than any such
transaction where the Companys Voting Stock outstanding immediately prior
to such transaction constitutes, or is converted into or exchanged for,
Voting Stock representing more than 50% of the voting power of the Voting
Stock of the surviving Person immediately after giving effect to such
transaction; |
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4. during any period of 24 consecutive calendar months, the majority of the
members of the Companys Board of Directors shall no longer be composed of
individuals (a) who were members of the Companys Board of Directors on the
first day of such period or (b) whose election or nomination to the
Companys Board of Directors was approved by individuals referred to in
clause (a) above constituting, at the time of such election or nomination,
at least a majority of the Companys Board of Directors or, if directors are
nominated by a committee of the Companys Board of Directors, constituting
at the time of such nomination, at least a majority of such committee; or |
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5. the adoption of a plan relating to the Companys liquidation or
dissolution. |
Change of Control Triggering Event means, with respect to the Notes, the
Notes cease to be rated Investment Grade by each of the Rating Agencies on any date
during the period (the Trigger Period) commencing 60 days prior to the
first public announcement by the Company of any Change of Control (or pending
Change of Control) and ending 60 days following consummation of such Change of
Control (which Trigger Period will be extended following consummation of a Change of
Control for so long as any of the Rating Agencies
-3-
has publicly announced that it is
considering a possible ratings change). If a Rating Agency is not providing a rating
for the Notes at the commencement of any Trigger Period, the Notes will be deemed to
have ceased to be rated Investment Grade by such Rating Agency during that Trigger
Period. Notwithstanding the foregoing, no Change of Control Triggering Event will
be deemed to have occurred in connection with any particular Change of Control
unless and until such Change of Control has actually been consummated.
Investment Grade means a rating of Baa3 or better by Moodys (or its
equivalent under any successor rating category of Moodys) and a rating of BBB- or
better by S&P (or its equivalent under any successor rating category of S&P), and
the equivalent investment grade credit rating from any replacement rating agency or
rating agencies selected by the Company under the circumstances permitting the
Company to select a replacement agency and in the manner for selecting a replacement
agency, in each case as set forth in the definition of Rating Agency.
Notes has the meaning set forth in the Recitals.
Rating Agency means each of Moodys and S&P; provided, that if any of Moodys
or S&P ceases to rate the Notes or fails to make a rating of the Notes publicly
available for reasons outside the Companys control, the Company may appoint another
nationally recognized statistical rating organization within the meaning of Rule
15c3-1(c)(2)(vi)(F) under the Exchange Act as a replacement for such Rating Agency;
provided, that the Company shall give notice of such appointment to the Trustee.
Voting Stock of any specified Person as of any date means the capital stock
of such Person that is at the time entitled to vote generally in the election of the
board of directors of such Person.
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(C) |
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By amending Section 4.01 by adding the following sentence at
the end of thereof: |
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Both Section 4.02 (defeasance) and Section 4.03 (covenant defeasance) shall
apply to the Notes. |
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(D) |
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By replacing Section 4.03 in its entirety with the following: |
Upon the Companys exercise of the option applicable to this Section
4.03 with respect to the Notes, the Company shall be released from its
obligations under any covenant or provision contained or referred
to in Sections 10.05, 10.06, 10.07 and 14.01, with respect to the Defeased
Securities, on and after the date the conditions set forth in Section 4.04
below are satisfied (hereinafter, covenant defeasance), and the Defeased
Securities shall thereafter be deemed to be not Outstanding for the
-4-
purposes of any direction, waiver, consent or declaration or Act of Holders
(and the consequences of any thereof) in connection with such covenants, but
shall continue to be deemed Outstanding for all other purposes hereunder,
and the Events of Default under Section 5.01(c), (d) and (e) shall cease to
be in full force and effect with respect to the Notes. For this purpose,
such covenant defeasance means that, with respect to the Defeased
Securities, the Company may omit to comply with and shall have no liability
in respect of any term, condition or limitation set forth in any such
Section, whether directly or indirectly, by reason of any reference
elsewhere herein to any such Section or by reason of reference in any such
Section to any other provision herein or in any other document and such
omission to comply shall not constitute a Default or an Event of Default
under Section 5.01(c), (d) and (e) but, except as specified above, the
remainder of this Indenture and such Defeased Securities shall be unaffected
thereby.
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(E) |
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By amending Section 9.01 by: |
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(a) |
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deleting the period at the end of clause (m)
and inserting the following: ; and; and |
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(b) |
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inserting the following clause after clause
(m): |
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(n) to add additional Securities of the same class and series in one
or more tranches from time to time. |
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(F) |
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By amending Section 9.02 by: |
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(a) |
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adding the words and the Guarantors, in
between the words Company and the word when in the fourth line of
the Section; |
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(b) |
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deleting the word or at the end of clause
(j); |
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(c) |
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deleting the period at the end of clause (k)
and inserting the following: ; or; and |
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(d) |
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inserting the following clause after clause
(k): |
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(l) amend, change or modify the Companys obligation to make and consummate
a Change of Control Offer in the event of a Change of Control Triggering
Event in accordance with Section 14.01 after such
Change of Control Triggering Event has occurred, including amending,
changing or modifying any definition related thereto. |
-5-
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(G) |
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By inserting after the first sentence in Section 3.01 the following: |
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The aggregate principal amount of Notes which may be issued under this
Indenture shall be unlimited and the Company may issue additional notes of
the same class and series as the Notes (the Additional Notes) in one or
more tranches from time to time, without notice to or the consent of
existing Holders of the Securities of any series, including the Notes. The
Additional Notes shall have the same terms as all other Notes and all
references in the Indenture shall be deemed to also refer to the Additional
Notes. The Additional Notes shall vote as a class with all other Notes as
to matters as to which such Notes have a vote. |
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(H) |
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By replacing Section 11.01 in its entirety with the following: |
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(a) |
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Prior to the date that is six months prior to
the Stated Maturity of the Notes, the Notes will be redeemable, as a
whole or in part, at the option of the Company, at any time or from
time to time, at a redemption price equal to the greater of: |
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(1) |
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100% of the principal amount of the Notes to be
redeemed, and |
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(2) |
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the sum of the present values of the remaining
scheduled payments of principal and interest on the Notes to be
redeemed discounted to the date of redemption on a semi-annual basis
(assuming a 360-day year consisting of twelve 30-day months) at the
applicable Treasury Rate, plus 25 basis points. |
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In the case of each of clauses (1) and (2),
accrued and unpaid interest will be payable to the redemption date. |
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(b) |
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On or after the date that is six months prior
to the Stated Maturity of the Notes, the Notes will be redeemable, as a
whole or in part, at the option of the Company, at any time or from
time to time, at a redemption price equal to 100% of the principal
amount of the Notes to be redeemed plus accrued and unpaid interest
thereon to the redemption date. |
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(I) |
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By adding as a new Article XIV thereto the following: |
Article XIV
Repurchase of Notes at the Option of the Holders
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Section 14.01. REPURCHASE AT OPTION OF HOLDERS UPON A CHANGE OF CONTROL |
-6-
(a) Upon the occurrence of a Change of Control Triggering Event with
respect to the Notes, unless the Company has exercised its right to redeem
the Notes pursuant to Article XI of the Indenture, each Holder of Notes
shall have the right to require the Company to purchase all or a portion
(equal to $2,000 or an integral multiple of $1,000 in excess thereof) of
such Holders Notes pursuant to the offer described below (the Change of
Control Offer), at a purchase price equal to 101% of the principal amount
thereof plus accrued and unpaid interest, if any, to the date of purchase
(the Change of Control Payment), subject to the rights of Holders on the
relevant Regular Record Date to receive interest due on the relevant
Interest Payment Date.
(b) Within 30 days following the date upon which the Change of Control
Triggering Event occurred with respect to the Notes, or at the Companys
option, prior to any Change of Control but after the public announcement of
the pending Change of Control, the Company will be required to send, by
first class mail, a notice to each Holder of Notes, with a copy to the
Trustee, which notice shall govern the terms of the Change of Control Offer.
Such notice shall state:
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(i) |
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the events causing the Change of Control; |
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(ii) |
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the date of the Change of Control; |
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(iii) |
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the amount of the Change of Control Payment; |
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(iv) |
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that the Holder must exercise the
repurchase right prior to the close of business on the purchase
date, which must be no earlier than 30 days nor later than 60
days from the date such notice is mailed, other than as may be
required by law (the Change of Control Payment Date); |
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(v) |
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if the notice is mailed prior to
any Change of Control but after the public announcement of the
pending Change of Control, that the offer is conditioned on the
Change of Control being consummated on or prior to the Change of
Control Payment Date; |
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(vi) |
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the name and address of the
Paying Agent; |
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(vii) |
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that the Holder must complete
the Change of Control Repurchase Notice (as defined below) to
participate in the Change of Control Offer; and |
-7-
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(viii) |
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any other procedures that Holders must follow to require the
Company to repurchase the Notes. |
(c) Repurchases of Notes under this Section 14.01 shall be made, at the
option of the Holder thereof, upon
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(i) |
|
delivery to the Trustee (or other
Paying Agent appointed by the Company) by a Holder of a duly
completed notice (the Change of Control Repurchase Notice) in
the form set forth on the reverse of the Note at any time prior
5:00 p.m., New York City Time, on the Change of Control Payment
Date; or |
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(ii) |
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delivery or book-entry transfer
of the Notes to the Trustee (or other Paying Agent appointed by
the Company) at any time after delivery of the Change of Control
Repurchase Notice (together with all necessary endorsements) at
the Corporate Trust Office of the Trustee or the corporate trust
office of its Affiliate (or other Paying Agent appointed by the
Company) in the Borough of Manhattan, such delivery being a
condition to receipt by the Holder of the Change of Control
Payment therefor; provided that such Change of Control Payment
shall be so paid pursuant to this Section 14.01 only if the Note
so delivered to the Trustee (or other Paying Agent appointed by
the Company) shall conform in all respects to the description
thereof in the related Change of Control Repurchase Notice. |
The Change of Control Repurchase Notice shall state:
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(i) |
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if certificated, the certificate numbers of Notes to be delivered
for repurchase; |
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(ii) |
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the portion of the principal
amount of Notes to be repurchased, which must be $2,000 or an
integral multiple of $1,000 in excess thereof; |
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(iii) |
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that the Notes are to be
repurchased by the Company pursuant to the applicable provisions
of the Notes and the Indenture; and |
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(iv) |
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if such Change of Control
Repurchase Notice is delivered prior to the occurrence of a
Change of Control pursuant to a
definitive agreement giving rise to a Change of Control, that
the Holder acknowledges that the Companys offer is
conditioned on the consummation of such Change of Control. |
-8-
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provided, however, that if the Notes are not in certificated form,
the Change of Control Repurchase Notice must comply with appropriate
procedures of the Depositary. |
(c) On the Change of Control Payment Date, the Company shall, to the
extent lawful:
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(i) |
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accept or cause a third party to
accept for payment all Notes or portions of Notes properly
tendered pursuant to the Change of Control Offer, |
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(ii) |
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deposit or cause a third party to
deposit with the Paying Agent an amount equal to the Change of
Control Payment in respect of all the Notes or portions of the
Notes properly tendered, and |
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(iii) |
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deliver or cause to be delivered
to the Trustee the Notes properly accepted together with an
Officers Certificate stating the aggregate principal amount of
Notes or portions of Notes being repurchased. |
(d) The Company shall not be required to make a Change of Control Offer
with respect to the Notes if a third party makes such an offer in the
manner, at the times and otherwise in compliance with the requirements for
such an offer made by the Company and such third party purchases all the
Notes properly tendered and not withdrawn under its offer.
Section 14.02. COMPLIANCE WITH TENDER OFFER RULES
The Company shall comply in all material respects with the requirements
of Rule 14e-1 under the Exchange Act and any other securities laws and
regulations thereunder to the extent those laws and regulations are
applicable in connection with the repurchase of the Notes as a result of a
Change of Control Triggering Event. To the extent that the provisions of any
such securities laws or regulations conflict with the Change of Control
Offer provisions of the Notes, the Company shall comply with those
securities laws and regulations and shall not be deemed to have breached the
Companys obligations under the Change of Control Offer provisions of the
Notes by virtue of any such conflict.
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(K) |
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The form of Security attached as Exhibit A hereto shall be the
form of Note for the series of Notes established by this Fourth Supplemental
Indenture and the terms therein shall be incorporated by reference into this
Fourth Supplemental Indenture. |
-9-
|
(L) |
|
The Guarantors named in this Fourth Supplemental Indenture
shall be deemed to be Guarantors (as defined in Section 13.01 of the Base
Indenture) for all purposes under the Base Indenture and this Fourth
Supplemental Indenture and subject to all provisions of the Base Indenture,
including but not limited to Article XIII. The execution and delivery of this
Fourth Supplemental Indenture by each such Guarantor shall evidence the
Guarantee by such Guarantor of the Notes in accordance with the terms and
conditions of such Article XIII. |
SECTION 2. The Base Indenture is incorporated by reference in full into this Fourth
Supplemental Indenture, and all parties to this Fourth Supplemental Indenture agree to be bound by
the terms and provisions of the Base Indenture as supplemented and amended by this Fourth
Supplemental Indenture. The Base Indenture and this Fourth Supplemental Indenture shall be read,
taken and construed as one and the same instrument. All provisions included in this Fourth
Supplemental Indenture supersede any similar provisions included in the Base Indenture unless not
permitted by law.
SECTION 3. If any provision hereof limits, qualifies or conflicts with another provision
hereof which is required to be included in this Fourth Supplemental Indenture by any of the
provisions of the Trust Indenture Act, such required provision shall control.
SECTION 4. All covenants and agreements in this Fourth Supplemental Indenture by the Company
and the Guarantors shall bind their respective successors and assigns, whether so expressed or not.
SECTION 5. In case any provision in this Fourth Supplemental Indenture or in the Notes shall
be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining
provisions herein and therein shall not in any way be affected or impaired thereby.
SECTION 6. Nothing in this Fourth Supplemental Indenture, expressed or implied, shall give to
any Person, other than the parties hereto and their successors hereunder, and the Holders of the
Notes any benefit or any legal or equitable right, remedy or claim under this Fourth Supplemental
Indenture.
SECTION 7. This Fourth Supplemental Indenture and each Note shall be deemed to be a contract
made under the laws of the State of New York and this Fourth Supplemental Indenture and each such
Note shall be governed by and construed in accordance with the laws of the State of New York.
SECTION 8. All terms used in this Fourth Supplemental Indenture not otherwise defined herein
that are defined in the Base Indenture shall have the meanings set forth therein.
SECTION 9. This Fourth Supplemental Indenture may be executed in any number of counterparts,
each of which shall be an original; but such counterparts shall together constitute but one and the
same instrument. Delivery of an executed counterpart of a signature
-10-
page hereto by facsimile or
electronic transmission shall be as effective as delivery of a manually executed counterpart of
this Fourth Supplemental Indenture.
SECTION 10. The recitals contained herein and in the Notes, except the Trustees certificates
of authentication, shall be taken as the statements of the Company, and the Trustee assumes no
responsibility for their correctness. The Trustee makes no representations as to the validity or
sufficiency of this Fourth Supplemental Indenture, the Notes or the Guarantees. The Trustee shall
not be accountable for the use or application by the Company of Notes or the proceeds thereof.
-11-
IN WITNESS WHEREOF, the parties hereto have caused this Fourth Supplemental Indenture to
be duly executed all as of the day and year first above written.
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REPUBLIC SERVICES, INC., as Issuer
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Senior Vice President, Treasurer |
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GUARANTORS:
623 LANDFILL, INC.
A D A J CORPORATION
ACTION DISPOSAL, INC.
ADA COUNTY DEVELOPMENT COMPANY, INC.
ADRIAN LANDFILL, INC.
ADS OF ILLINOIS, INC.
ADS, INC.
AGRICULTURAL ACQUISITIONS, LLC
AGRI-TECH, INC. OF OREGON
ALABAMA RECYCLING SERVICES, INC.
ALBANY LEBANON SANITATION, INC.
ALLIED ACQUISITION PENNSYLVANIA, INC.
ALLIED ACQUISITION TWO, INC.
ALLIED ENVIROENGINEERING, INC.
ALLIED GAS RECOVERY SYSTEMS, L.L.C.
ALLIED GREEN POWER, INC.
ALLIED NOVA SCOTIA, INC.
ALLIED SERVICES, LLC
ALLIED TRANSFER SYSTEMS OF NEW JERSEY, LLC
ALLIED WASTE ALABAMA, INC.
ALLIED WASTE COMPANY, INC.
ALLIED WASTE ENVIRONMENTAL MANAGEMENT GROUP, LLC
ALLIED WASTE HAULING OF GEORGIA, INC.
ALLIED WASTE HOLDINGS (CANADA) LTD.
ALLIED WASTE INDUSTRIES (ARIZONA), INC.
ALLIED WASTE INDUSTRIES (NEW MEXICO), INC.
ALLIED WASTE INDUSTRIES (SOUTHWEST), INC.
ALLIED WASTE INDUSTRIES OF GEORGIA, INC.
ALLIED WASTE INDUSTRIES OF ILLINOIS, INC.
ALLIED WASTE INDUSTRIES OF NORTHWEST INDIANA, INC.
ALLIED WASTE INDUSTRIES OF TENNESSEE, INC.
ALLIED WASTE INDUSTRIES, INC.
ALLIED WASTE LANDFILL HOLDINGS, INC.
ALLIED WASTE NIAGARA FALLS LANDFILL, LLC
ALLIED WASTE NORTH AMERICA, INC.
ALLIED WASTE OF CALIFORNIA, INC.
ALLIED WASTE OF LONG ISLAND, INC.
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ALLIED WASTE OF NEW JERSEY, INC.
ALLIED WASTE OF NEW JERSEY-NEW YORK, LLC
ALLIED WASTE RECYCLING SERVICES OF NEW HAMPSHIRE, LLC
ALLIED WASTE RURAL SANITATION, INC.
ALLIED WASTE SERVICES OF COLORADO, INC.
ALLIED WASTE SERVICES OF MASSACHUSETTS, LLC
ALLIED WASTE SERVICES OF NORTH AMERICA, LLC
ALLIED WASTE SERVICES OF PAGE, INC.
ALLIED WASTE SERVICES OF STILLWATER, INC.
ALLIED WASTE SYCAMORE LANDFILL, LLC
ALLIED WASTE SYSTEMS HOLDINGS, INC.
ALLIED WASTE SYSTEMS OF ARIZONA, LLC
ALLIED WASTE SYSTEMS OF COLORADO, LLC
ALLIED WASTE SYSTEMS OF INDIANA, LLC
ALLIED WASTE SYSTEMS OF MICHIGAN, LLC
ALLIED WASTE SYSTEMS OF MONTANA, LLC
ALLIED WASTE SYSTEMS OF NEW JERSEY, LLC
ALLIED WASTE SYSTEMS OF NORTH CAROLINA, LLC
ALLIED WASTE SYSTEMS OF PENNSYLVANIA, LLC
ALLIED WASTE SYSTEMS, INC.
ALLIED WASTE TRANSFER SERVICES OF ARIZONA, LLC
ALLIED WASTE TRANSFER SERVICES OF CALIFORNIA, LLC
ALLIED WASTE TRANSFER SERVICES OF FLORIDA, LLC
ALLIED WASTE TRANSFER SERVICES OF IOWA, LLC
ALLIED WASTE TRANSFER SERVICES OF LIMA, LLC
ALLIED WASTE TRANSFER SERVICES OF NEW YORK, LLC
ALLIED WASTE TRANSFER SERVICES OF NORTH CAROLINA, LLC
ALLIED WASTE TRANSFER SERVICES OF OREGON, LLC
ALLIED WASTE TRANSFER SERVICES OF RHODE ISLAND, LLC
ALLIED WASTE TRANSFER SERVICES OF UTAH, INC.
ALLIED WASTE TRANSPORTATION, INC.
AMERICAN DISPOSAL SERVICES OF ILLINOIS, INC.
AMERICAN DISPOSAL SERVICES OF KANSAS, INC.
AMERICAN DISPOSAL SERVICES OF MISSOURI, INC.
AMERICAN DISPOSAL SERVICES OF NEW JERSEY, INC.
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AMERICAN DISPOSAL SERVICES OF WEST VIRGINIA, INC.
AMERICAN DISPOSAL SERVICES, INC.
AMERICAN DISPOSAL TRANSFER SERVICES OF ILLINOIS, INC.
AMERICAN MATERIALS RECYCLING CORP.
AMERICAN SANITATION, INC.
AMERICAN TRANSFER COMPANY, INC.
ANSON COUNTY LANDFILL NC, LLC
APACHE JUNCTION LANDFILL CORPORATION
ARC DISPOSAL COMPANY, INC.
AREA DISPOSAL, INC.
ARIANA, LLC
ATLANTIC WASTE HOLDING COMPANY, INC.
ATLAS TRANSPORT, INC.
ATTWOODS OF NORTH AMERICA, INC.
AUTAUGA COUNTY LANDFILL, LLC
AUTOMATED MODULAR SYSTEMS, INC.
AUTOSHRED, INC.
AWIN LEASING COMPANY, INC.
AWIN LEASING II, LLC
AWIN MANAGEMENT, INC.
BARKER BROTHERS WASTE INCORPORATED
BAY COLLECTION SERVICES, INC.
BAY ENVIRONMENTAL MANAGEMENT, INC.
BAY LANDFILLS, INC.
BAY LEASING COMPANY, INC.
BBCO, INC.
BELLEVILLE LANDFILL, INC.
BERKELEY SANITARY SERVICE, INC.
BFGSI, L.L.C.
BFI ATLANTIC, INC.
BFI ENERGY SYSTEMS OF ALBANY, INC.
BFI ENERGY SYSTEMS OF DELAWARE COUNTY, INC.
BFI ENERGY SYSTEMS OF ESSEX COUNTY, INC.
BFI ENERGY SYSTEMS OF HEMPSTEAD, INC.
BFI ENERGY SYSTEMS OF NIAGARA II, INC.
BFI ENERGY SYSTEMS OF NIAGARA, INC.
BFI ENERGY SYSTEMS OF SEMASS, INC.
BFI ENERGY SYSTEMS OF SOUTHEASTERN CONNECTICUT, INC.
BFI REF-FUEL, INC.
BFI TRANS RIVER (GP), INC.
BFI TRANSFER SYSTEMS OF ALABAMA, LLC
BFI TRANSFER SYSTEMS OF DC, LLC
BFI TRANSFER SYSTEMS OF GEORGIA, LLC
BFI TRANSFER SYSTEMS OF MARYLAND, LLC
BFI TRANSFER SYSTEMS OF MASSACHUSETTS, LLC
BFI TRANSFER SYSTEMS OF MISSISSIPPI, LLC
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BFI TRANSFER SYSTEMS OF NEW JERSEY, INC.
BFI TRANSFER SYSTEMS OF PENNSYLVANIA, LLC
BFI TRANSFER SYSTEMS OF VIRGINIA, LLC
BFI WASTE SERVICES OF PENNSYLVANIA, LLC
BFI WASTE SERVICES OF TENNESSEE, LLC
BFI WASTE SERVICES, LLC
BFI WASTE SYSTEMS OF ALABAMA, LLC
BFI WASTE SYSTEMS OF ARKANSAS, LLC
BFI WASTE SYSTEMS OF GEORGIA, LLC
BFI WASTE SYSTEMS OF KENTUCKY, LLC
BFI WASTE SYSTEMS OF LOUISIANA, LLC
BFI WASTE SYSTEMS OF MASSACHUSETTS, LLC
BFI WASTE SYSTEMS OF MISSISSIPPI, LLC
BFI WASTE SYSTEMS OF MISSOURI, LLC
BFI WASTE SYSTEMS OF NEW JERSEY, INC.
BFI WASTE SYSTEMS OF NORTH AMERICA, LLC
BFI WASTE SYSTEMS OF NORTH CAROLINA, LLC
BFI WASTE SYSTEMS OF OKLAHOMA, LLC
BFI WASTE SYSTEMS OF SOUTH CAROLINA, LLC
BFI WASTE SYSTEMS OF TENNESSEE, LLC
BFI WASTE SYSTEMS OF VIRGINIA, LLC
BIO-MED OF OREGON, INC.
BLT ENTERPRISES OF OXNARD, INC.
BOND COUNTY LANDFILL, INC.
BORREGO LANDFILL, INC.
BORROW PIT CORP.
BRICKYARD DISPOSAL & RECYCLING, INC.
BRIDGETON LANDFILL, LLC
BRIDGETON TRANSFER STATION, LLC
BROWNING-FERRIS INDUSTRIES CHEMICAL SERVICES, INC.
BROWNING-FERRIS INDUSTRIES OF CALIFORNIA, INC.
BROWNING-FERRIS INDUSTRIES OF FLORIDA, INC.
BROWNING-FERRIS INDUSTRIES OF ILLINOIS, INC.
BROWNING-FERRIS INDUSTRIES OF NEW JERSEY, INC.
BROWNING-FERRIS INDUSTRIES OF NEW YORK, INC.
BROWNING-FERRIS INDUSTRIES OF OHIO, INC.
BROWNING-FERRIS INDUSTRIES OF TENNESSEE, INC.
BROWNING-FERRIS INDUSTRIES, INC.
BROWNING-FERRIS INDUSTRIES, LLC
BROWNING-FERRIS SERVICES, INC.
BROWNING-FERRIS, INC.
BRUNSWICK WASTE MANAGEMENT FACILITY, LLC
BUNTING TRASH SERVICE, INC.
BUTLER COUNTY LANDFILL, LLC
C & C EXPANDED SANITARY LANDFILL, LLC
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CACTUS WASTE SYSTEMS, LLC
CALVERT TRASH SYSTEMS, INCORPORATED
CAPITOL RECYCLING AND DISPOSAL, INC.
CARBON LIMESTONE LANDFILL, LLC
CC LANDFILL, INC.
CECOS INTERNATIONAL, INC.
CELINA LANDFILL, INC.
CENTRAL ARIZONA TRANSFER, INC.
CENTRAL SANITARY LANDFILL, INC.
CENTRAL VIRGINIA PROPERTIES, LLC
CHARTER EVAPORATION RESOURCE RECOVERY SYSTEMS
CHEROKEE RUN LANDFILL, INC.
CHILTON LANDFILL, LLC
CITIZENS DISPOSAL, INC.
CITY-STAR SERVICES, INC.
CLARKSTON DISPOSAL, INC.
COCOPAH LANDFILL, INC.
COMPACTOR RENTAL SYSTEMS OF DELAWARE, INC.
CONSOLIDATED DISPOSAL SERVICE, L.L.C.
CONTINENTAL WASTE INDUSTRIES, L.L.C.
COPPER MOUNTAIN LANDFILL, INC.
CORVALLIS DISPOSAL CO.
COUNTY DISPOSAL (OHIO), INC.
COUNTY DISPOSAL, INC.
COUNTY ENVIRONMENTAL LANDFILL, LLC
COUNTY LAND DEVELOPMENT LANDFILL, LLC
COUNTY LANDFILL, INC.
COURTNEY RIDGE LANDFILL, LLC
CRESCENT ACRES LANDFILL, LLC
CROCKETT SANITARY SERVICE, INC.
CUMBERLAND COUNTY DEVELOPMENT COMPANY, LLC
CWI OF ILLINOIS, INC.
CWI OF MISSOURI, INC.
D & L DISPOSAL, L.L.C.
DALLAS DISPOSAL CO.
DELTA CONTAINER CORPORATION
DELTA DADE RECYCLING CORP.
DELTA PAPER STOCK, CO.
DELTA RESOURCES CORP.
DELTA SITE DEVELOPMENT CORP.
DELTA WASTE CORP.
DEMPSEY WASTE SYSTEMS II, INC.
DENVER RL NORTH, INC.
DTC MANAGEMENT, INC.
E LEASING COMPANY, LLC
EAGLE INDUSTRIES LEASING, INC.
EAST CHICAGO COMPOST FACILITY, INC.
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ECDC ENVIRONMENTAL OF HUMBOLDT COUNTY, INC.
ECDC ENVIRONMENTAL, L.C.
ECDC HOLDINGS, INC.
ELDER CREEK TRANSFER & RECOVERY, INC.
ELLIS SCOTT LANDFILL MO, LLC
ENVIROCYCLE, INC.
ENVIRONMENTAL DEVELOPMENT CORP.
ENVIRONMENTAL RECLAMATION COMPANY
ENVIRONTECH, INC.
ENVOTECH-ILLINOIS L.L.C.
EVERGREEN SCAVENGER SERVICE, INC.
EVERGREEN SCAVENGER SERVICE, L.L.C.
F. P. MCNAMARA RUBBISH REMOVAL INC.
FLINT HILL ROAD, LLC
FLL, INC.
FOREST VIEW LANDFILL, LLC
FORWARD, INC.
FRED BARBARA TRUCKING CO., INC.
FRONTIER WASTE SERVICES (COLORADO), LLC
FRONTIER WASTE SERVICES (UTAH), LLC
FRONTIER WASTE SERVICES OF LOUISIANA L.L.C.
G. VAN DYKEN DISPOSAL INC.
GATEWAY LANDFILL, LLC
GEK, INC.
GENERAL REFUSE ROLLOFF CORP.
GENERAL REFUSE SERVICE OF OHIO, L.L.C.
GEORGIA RECYCLING SERVICES, INC.
GOLDEN BEAR TRANSFER SERVICES, INC.
GOLDEN WASTE DISPOSAL, INC.
GRANTS PASS SANITATION, INC.
GREAT LAKES DISPOSAL SERVICE, INC.
GREAT PLAINS LANDFILL OK, LLC
GREENRIDGE RECLAMATION, LLC
GREENRIDGE WASTE SERVICES, LLC
GULFCOAST WASTE SERVICE, INC.
HANCOCK COUNTY DEVELOPMENT COMPANY, LLC
HARLANDS SANITARY LANDFILL, INC.
HARRISON COUNTY LANDFILL, LLC
HONEYGO RUN RECLAMATION CENTER, INC.
ILLINOIS LANDFILL, INC.
ILLINOIS RECYCLING SERVICES, INC.
ILLINOIS VALLEY RECYCLING, INC.
IMPERIAL LANDFILL, INC.
INDEPENDENT TRUCKING COMPANY
INGRUM WASTE DISPOSAL, INC.
INTERNATIONAL DISPOSAL CORP. OF CALIFORNIA
ISLAND WASTE SERVICES LTD.
JACKSON COUNTY LANDFILL, LLC
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JEFFERSON CITY LANDFILL, LLC
JEFFERSON PARISH DEVELOPMENT COMPANY, LLC
JETTER DISPOSAL, INC.
KANDEL ENTERPRISES, LLC
KANKAKEE QUARRY, INC.
KELLER CANYON LANDFILL COMPANY
KELLER DROP BOX, INC.
LA CAÑADA DISPOSAL COMPANY, INC.
LAKE NORMAN LANDFILL, INC.
LANDCOMP CORPORATION
LATHROP SUNRISE SANITATION CORPORATION
LEE COUNTY LANDFILL SC, LLC
LEE COUNTY LANDFILL, INC.
LEMONS LANDFILL, LLC
LIBERTY WASTE HOLDINGS, INC.
LIBERTY WASTE SERVICES LIMITED, L.L.C.
LIBERTY WASTE SERVICES OF ILLINOIS, L.L.C.
LIBERTY WASTE SERVICES OF MCCOOK, L.L.C.
LITTLE CREEK LANDING, LLC
LOCAL SANITATION OF ROWAN COUNTY, L.L.C.
LOOP RECYCLING, INC.
LOOP TRANSFER, INCORPORATED
LORAIN COUNTY LANDFILL, LLC
LOUIS PINTO & SON, INC., SANITATION CONTRACTORS
LUCAS COUNTY LAND DEVELOPMENT, INC.
LUCAS COUNTY LANDFILL, LLC
MADISON COUNTY DEVELOPMENT, LLC
MANUMIT OF FLORIDA, INC.
MCCUSKER RECYCLING, INC.
MCINNIS WASTE SYSTEMS, INC.
MENANDS ENVIRONMENTAL SOLUTIONS, LLC
MESA DISPOSAL, INC.
MIDWAY DEVELOPMENT COMPANY, INC.
MISSISSIPPI WASTE PAPER COMPANY
MISSOURI CITY LANDFILL, LLC
MOUNTAIN HOME DISPOSAL, INC.
N LEASING COMPANY, LLC
NATIONSWASTE CATAWBA REGIONAL LANDFILL, INC.
NATIONSWASTE, INC.
NCORP, INC.
NEW MORGAN LANDFILL COMPANY, INC.
NEW YORK WASTE SERVICES, LLC
NEWCO WASTE SYSTEMS OF NEW JERSEY, INC.
NOBLE ROAD LANDFILL, INC.
NORTHEAST LANDFILL, LLC
NORTHLAKE TRANSFER, INC.
NORTHWEST TENNESSEE DISPOSAL CORPORATION
OAKLAND HEIGHTS DEVELOPMENT, INC.
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OBSCURITY LAND DEVELOPMENT, LLC
OHIO REPUBLIC CONTRACTS, II, INC.
OHIO REPUBLIC CONTRACTS, INC.
OKLAHOMA CITY LANDFILL, L.L.C.
OSCARS COLLECTION SYSTEM OF FREMONT, INC.
OTAY LANDFILL, INC.
OTTAWA COUNTY LANDFILL, INC.
PACKERTON LAND COMPANY, L.L.C.
PALOMAR TRANSFER STATION, INC.
PELTIER REAL ESTATE COMPANY
PERDOMO & SONS, INC.
PINAL COUNTY LANDFILL CORP.
PINECREST LANDFILL OK, LLC
PITTSBURG COUNTY LANDFILL, INC.
POLK COUNTY LANDFILL, LLC
PORT CLINTON LANDFILL, INC.
PORTABLE STORAGE CO.
PREBLE COUNTY LANDFILL, INC.
PRICE & SONS RECYCLING COMPANY
PRINCE GEORGES COUNTY LANDFILL, LLC
R.C. MILLER ENTERPRISES, INC.
R.C. MILLER REFUSE SERVICE INC.
RABANCO RECYCLING, INC.
RABANCO, LTD.
RAMONA LANDFILL, INC.
RCS, INC.
RELIABLE DISPOSAL, INC.
REPUBLIC DUMPCO, INC.
REPUBLIC ENVIRONMENTAL TECHNOLOGIES, INC.
REPUBLIC OHIO CONTRACTS, LLC
REPUBLIC SERVICES AVIATION, INC.
REPUBLIC SERVICES ENVIRONMENTAL, LLC
REPUBLIC SERVICES FINANCIAL LP, INC.
REPUBLIC SERVICES GROUP, LLC
REPUBLIC SERVICES HOLDING COMPANY, INC.
REPUBLIC SERVICES OF ARIZONA HAULING, LLC
REPUBLIC SERVICES OF CALIFORNIA HOLDING COMPANY, INC.
REPUBLIC SERVICES OF CALIFORNIA II, LLC
REPUBLIC SERVICES OF COLORADO HAULING, LLC
REPUBLIC SERVICES OF COLORADO I, LLC
REPUBLIC SERVICES OF FLORIDA GP, INC.
REPUBLIC SERVICES OF FLORIDA LP, INC.
REPUBLIC SERVICES OF GEORGIA GP, LLC
REPUBLIC SERVICES OF GEORGIA LP, LLC
REPUBLIC SERVICES OF INDIANA LP, INC.
REPUBLIC SERVICES OF INDIANA TRANSPORTATION, LLC
REPUBLIC SERVICES OF KENTUCKY, LLC
REPUBLIC SERVICES OF MICHIGAN HAULING, LLC
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REPUBLIC SERVICES OF MICHIGAN HOLDING COMPANY, INC.
REPUBLIC SERVICES OF MICHIGAN I, LLC
REPUBLIC SERVICES OF MICHIGAN II, LLC
REPUBLIC SERVICES OF MICHIGAN III, LLC
REPUBLIC SERVICES OF MICHIGAN IV, LLC
REPUBLIC SERVICES OF MICHIGAN V, LLC
REPUBLIC SERVICES OF NEW JERSEY, LLC
REPUBLIC SERVICES OF NORTH CAROLINA, LLC
REPUBLIC SERVICES OF OHIO HAULING, LLC
REPUBLIC SERVICES OF OHIO I, LLC
REPUBLIC SERVICES OF OHIO II, LLC
REPUBLIC SERVICES OF OHIO III, LLC
REPUBLIC SERVICES OF OHIO IV, LLC
REPUBLIC SERVICES OF PENNSYLVANIA, LLC
REPUBLIC SERVICES OF SOUTH CAROLINA, LLC
REPUBLIC SERVICES OF SOUTHERN CALIFORNIA, LLC
REPUBLIC SERVICES OF VIRGINIA, LLC
REPUBLIC SERVICES OF WISCONSIN GP, LLC
REPUBLIC SERVICES OF WISCONSIN LP, LLC
REPUBLIC SERVICES REAL ESTATE HOLDING, INC.
REPUBLIC SERVICES VASCO ROAD, LLC
REPUBLIC SILVER STATE DISPOSAL, INC.
REPUBLIC WASTE SERVICES OF SOUTHERN CALIFORNIA, LLC
REPUBLIC WASTE SERVICES OF TEXAS GP, INC.
REPUBLIC WASTE SERVICES OF TEXAS LP, INC.
RESOURCE RECOVERY, INC.
RI/ALAMEDA CORP.
RICHMOND SANITARY SERVICE, INC.
RISK SERVICES, INC.
RITM, LLC
ROCK ROAD INDUSTRIES, INC.
ROSS BROS. WASTE & RECYCLING CO.
ROSSMAN SANITARY SERVICE, INC.
ROXANA LANDFILL, INC.
ROYAL HOLDINGS, INC.
RUBBISH CONTROL, LLC
S & S RECYCLING, INC.
S LEASING COMPANY, LLC
SALINE COUNTY LANDFILL, INC.
SAN DIEGO LANDFILL SYSTEMS, LLC
SAN MARCOS NCRRF, INC.
SAND VALLEY HOLDINGS, L.L.C.
SANDY HOLLOW LANDFILL CORP.
SANGAMON VALLEY LANDFILL, INC.
SANITARY DISPOSAL SERVICE, INC.
SAUK TRAIL DEVELOPMENT, INC.
SCHOFIELD CORPORATION OF ORLANDO
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SHOW-ME LANDFILL, LLC
SHRED ALL RECYCLING SYSTEMS INC.
SOLANO GARBAGE COMPANY
SOURCE RECYCLING, INC.
SOUTHEAST LANDFILL, LLC
SOUTHERN ILLINOIS REGIONAL LANDFILL, INC.
ST. BERNARD PARISH DEVELOPMENT COMPANY, LLC
ST. JOSEPH LANDFILL, LLC
STANDARD DISPOSAL SERVICES, INC.
STANDARD ENVIRONMENTAL SERVICES, INC.
STANDARD WASTE, INC.
STREATOR AREA LANDFILL, INC.
SUBURBAN TRANSFER, INC.
SUBURBAN WAREHOUSE, INC.
SUMMIT WASTE SYSTEMS, INC.
SUNRISE SANITATION SERVICE, INC.
SUNSET DISPOSAL SERVICE, INC.
SUNSET DISPOSAL, INC.
SYCAMORE LANDFILL, INC.
TATES TRANSFER SYSTEMS, INC.
TAY-BAN CORPORATION
TAYLOR RIDGE LANDFILL, INC.
TENNESSEE UNION COUNTY LANDFILL, INC.
THE ECOLOGY GROUP, INC.
THOMAS DISPOSAL SERVICE, INC.
TOM LUCIANOS DISPOSAL SERVICE, INC.
TOTAL ROLL-OFFS, L.L.C.
TOTAL SOLID WASTE RECYCLERS, INC.
TRICIL (N.Y.), INC.
TRI-COUNTY REFUSE SERVICE, INC.
TRI-STATE RECYCLING SERVICES, INC.
TRI-STATE REFUSE CORPORATION
UNITED DISPOSAL SERVICE, INC.
UPPER ROCK ISLAND COUNTY LANDFILL, INC.
VALLEY LANDFILLS, INC.
VINING DISPOSAL SERVICE, INC.
WASATCH REGIONAL LANDFILL, INC.
WASTE CONTROL SYSTEMS, INC.
WASTE SERVICES OF NEW YORK, INC.
WASTEHAUL, INC.
WAYNE COUNTY LAND DEVELOPMENT, LLC
WAYNE COUNTY LANDFILL IL, INC.
WAYNE DEVELOPERS, LLC
WDTR, INC.
WEBSTER PARISH LANDFILL, L.L.C.
WEST CONTRA COSTA ENERGY RECOVERY COMPANY
WEST CONTRA COSTA SANITARY LANDFILL, INC.
WEST COUNTY LANDFILL, INC.
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WEST COUNTY RESOURCE RECOVERY, INC.
WILLAMETTE RESOURCES, INC.
WILLIAMS COUNTY LANDFILL INC.
WILLOW RIDGE LANDFILL, LLC
WJR ENVIRONMENTAL, INC.
WOODLAKE SANITARY SERVICE, INC.
ZAKAROFF SERVICES
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer of each of the foregoing entities |
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ABILENE LANDFILL TX, LP
BFI TRANSFER SYSTEMS OF TEXAS, LP
BFI WASTE SERVICES OF INDIANA, LP
BFI WASTE SERVICES OF TEXAS, LP
BFI WASTE SYSTEMS OF INDIANA, LP
BLUE RIDGE LANDFILL TX, LP
BRENHAM TOTAL ROLL-OFFS, LP
CAMELOT LANDFILL TX, LP
CEFE LANDFILL TX, LP
CROW LANDFILL TX, L.P.
DESARROLLO DEL RANCHO LA GLORIA TX, LP
EL CENTRO LANDFILL, L.P.
ELLIS COUNTY LANDFILL TX, LP
FORT WORTH LANDFILL TX, LP
FRONTIER WASTE SERVICES, L.P.
GALVESTON COUNTY LANDFILL TX, LP
GILES ROAD LANDFILL TX, LP
GOLDEN TRIANGLE LANDFILL TX, LP
GREENWOOD LANDFILL TX, LP
GULF WEST LANDFILL TX, LP
ITASCA LANDFILL TX, LP
KERRVILLE LANDFILL TX, LP
LEWISVILLE LANDFILL TX, LP
MARS ROAD TX, LP
MCCARTY ROAD LANDFILL TX, LP
MESQUITE LANDFILL TX, LP
MEXIA LANDFILL TX, LP
PANAMA ROAD LANDFILL, TX, L.P.
PINE HILL FARMS LANDFILL TX, LP
PLEASANT OAKS LANDFILL TX, LP
RIO GRANDE VALLEY LANDFILL TX, LP
ROYAL OAKS LANDFILL TX, LP
SOUTH CENTRAL TEXAS LAND CO. TX, LP
SOUTHWEST LANDFILL TX, LP
TESSMAN ROAD LANDFILL TX, LP
TURKEY CREEK LANDFILL TX, LP
VICTORIA LANDFILL TX, LP
WHISPERING PINES LANDFILL TX, LP
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By: |
Allied Waste Landfill Holdings, Inc., as General Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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BENTON COUNTY DEVELOPMENT COMPANY
CLINTON COUNTY LANDFILL PARTNERSHIP
COUNTY LINE LANDFILL PARTNERSHIP
ILLIANA DISPOSAL PARTNERSHIP
JASPER COUNTY DEVELOPMENT COMPANY PARTNERSHIP
KEY WASTE INDIANA PARTNERSHIP
LAKE COUNTY C & D DEVELOPMENT PARTNERSHIP
NEWTON COUNTY LANDFILL PARTNERSHIP
SPRINGFIELD ENVIRONMENTAL GENERAL PARTNERSHIP
TIPPECANOE COUNTY WASTE SERVICES PARTNERSHIP
WARRICK COUNTY DEVELOPMENT COMPANY
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By: |
Allied Waste Landfill Holdings, Inc., as General Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Allied Waste North America, Inc., as General Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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BENSON VALLEY LANDFILL GENERAL PARTNERSHIP
BLUE RIDGE LANDFILL GENERAL PARTNERSHIP
GREEN VALLEY LANDFILL GENERAL PARTNERSHIP
MOREHEAD LANDFILL GENERAL PARTNERSHIP
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By: |
Allied Waste North America, Inc., as General Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Browning-Ferris Industries of Tennessee, Inc., as General Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC WASTE SERVICES OF TEXAS, LTD.
RWS TRANSPORT, L.P.
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By: |
Republic Waste Services of Texas GP, Inc., as General Partner of each of the foregoing entities
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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BFI ENERGY SYSTEMS OF SOUTHEASTERN CONNECTICUT, LIMITED PARTNERSHIP
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By: |
BFI Energy Systems of Southeastern Connecticut, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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OCEANSIDE WASTE & RECYCLING SERVICES
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By: |
Republic Services, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Zakaroff Services, its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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RABANCO COMPANIES
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By: |
Rabanco Recycling, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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By: |
Rabanco, Ltd., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES FINANCIAL, LIMITED PARTNERSHIP
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By: |
Republic Silver State Disposal, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF FLORIDA, LIMITED PARTNERSHIP
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By: |
Republic Services of Florida GP, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF GEORGIA, LIMITED PARTNERSHIP
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By: |
Republic Services of Georgia GP, LLC, its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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REPUBLIC SERVICES OF INDIANA, LIMITED PARTNERSHIP
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By: |
Republic Services, Inc., its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Senior Vice President, Treasurer |
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REPUBLIC SERVICES OF WISCONSIN, LIMITED PARTNERSHIP
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By: |
Republic Services of Wisconsin GP, LLC, its General Partner
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By: |
/s/ Edward A. Lang, III
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Name: |
Edward A. Lang, III |
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Title: |
Treasurer |
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DINVERNO, INC.
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By: |
/s/ Roger A. Groen Jr.
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Name: |
Roger A. Groen Jr. |
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Title: |
President |
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THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee
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By: |
/s/ Craig A. Kaye
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Name: |
Craig A. Kaye |
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Title: |
Vice President |
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EXHIBIT A
[FORM OF FACE OF SECURITY]
[THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE
HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A
NOMINEE OF A DEPOSITARY OR A SUCCESSOR DEPOSITARY. TRANSFERS OF THIS GLOBAL
SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO
NOMINEES OF CEDE & CO. OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSORS NOMINEE
AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO
TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN SECTION 3.06
OF THE INDENTURE.
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (DTC), TO THE COMPANY OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT AND ANY SUCH
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER
NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT
IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE
REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]1
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This paragraph should be included only if the
Note is issued in global form. |
A-1
REPUBLIC SERVICES, INC.
5.700% NOTES DUE 2041
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CUSIP NO. |
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No. _____
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$_______________ |
Republic Services, Inc., a Delaware corporation (herein called the Company, which term
includes any successor Person under the Indenture hereinafter referred to), for value received,
hereby promises to pay to _________ or its registered assigns, the principal sum of __________
($__________) United States dollars [, or such greater or lesser amount as may from time to time be
endorsed on the Schedule of Increases and Decreases of Interests in the Global Note attached hereto
(but in no event may such amount exceed the aggregate principal amount of Notes authenticated
pursuant to Section 3.03 of the Indenture referred to below and then Outstanding pursuant the terms
of the Indenture)]2, on May 15, 2041, at the office or agency of the Company referred to
below, and to pay interest thereon from May 9, 2011 or from the most recent Interest Payment Date
to which interest has been paid or duly provided for, semi-annually on May 15 and November 15 in
each year, commencing November 15, 2011 at the rate of 5.700% per annum, in United States dollars,
until the principal hereof is paid or duly provided for. Interest shall be computed on the basis
of a 360-day year comprised of twelve 30-day months.
The interest so payable, and punctually paid or duly provided for, on any Interest Payment
Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or any
Predecessor Securities) is registered at the close of business on the Regular Record Date for such
interest, which shall be the May 1 or November 1 (whether or not a Business Day), as the case may
be, next preceding such Interest Payment Date. Any such interest not so punctually paid, or duly
provided for, and interest on such defaulted interest at the interest rate borne by the Securities,
to the extent lawful, shall forthwith cease to be payable to the Holder on such Regular Record
Date, and may either be paid to the Person in whose name this Security (or any Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such
defaulted interest to be fixed by the Trustee, notice thereof shall be given to Holders of
Securities not less than 10 days prior to such Special Record Date, or be paid at any time in any
other lawful manner not inconsistent with the requirements of any securities exchange on which the
Securities may be listed, and upon such notice as may be required by such exchange, all as more
fully provided in this Indenture.
Payment of the principal of, premium, if any, and interest on, this Security, and exchange or
transfer of this Security, will be made at the office or agency of the Company in The City of New
York maintained for such purpose (which initially will be a corporate trust office of the Trustee
or its affiliate located at 101 Barclay Street, Floor 8W, New York, NY 10286), or at
A-2
such other office or agency as may be maintained for such purpose, in such coin or currency of
the United States of America as at the time of payment is legal tender for payment of public and
private debts; provided, however, that payment of interest may be made at the option of the Company
by check mailed to the address of the Person entitled thereto as such address shall appear on the
Security Register.
Reference is hereby made to the further provisions of this Security set forth on the reverse
hereof, which further provisions shall for all purposes have the same effect as if set forth at
this place.
A-3
Unless the certificate of authentication hereon has been duly executed by the Trustee referred
to on the reverse hereof or by the authenticating agent appointed as provided in the Indenture by
manual signature of an authorized signer, this Security shall not be entitled to any benefit under
the Indenture, or be valid or obligatory for any purpose.
IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed by the manual
or facsimile signature of one of its authorized officers.
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REPUBLIC SERVICES, INC.
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A-4
TRUSTEES CERTIFICATE OF AUTHENTICATION
This is one of the 5.700% Notes due May 15, 2041 referred to in the within-mentioned
Indenture.
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THE BANK OF NEW YORK MELLON TRUST
COMPANY, N.A., as Trustee
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By: |
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Authorized Signatory |
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Dated: __________
A-5
[FORM OF REVERSE SIDE OF SECURITY]
REPUBLIC SERVICES, INC.
5.700% Notes due 2041
This Security is one of a duly authorized issue of Securities of the Company designated as its
5.700% Notes due 2041 (herein called the Securities), limited (except as otherwise provided in
the Indenture referred to below) in aggregate principal amount to $600,000,000, issued under and
subject to the terms of an indenture (herein called the Indenture) dated as of September 8, 2009,
between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (herein called
the Trustee, which term includes any successor trustee under the Indenture), as supplemented by a
Fourth Supplemental Indenture, dated as of May 9, 2011, among the Company, the guarantors listed on
the signature pages thereto (the Guarantors) and the Trustee to which Indenture and all
indentures supplemental thereto reference is hereby made for a statement of the respective rights,
limitations of rights, duties, obligations and immunities thereunder of the Company, the
Guarantors, the Trustee and the Holders of the Securities, and of the terms upon which the
Securities are, and are to be, authenticated and delivered.
Prior to the dated that is six months prior to their Stated Maturity, the Securities may be
redeemed, as a whole or in part, at the option of the Company, at any time and from time to time at
a Redemption Price equal to the greater of (1) 100% of the principal amount of the Securities to be
redeemed and (2) the sum of the present values of the remaining scheduled payments of principal and
interest thereon, discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year
consisting of twelve 30-day months) at the applicable Treasury Rate, plus 25 basis points, plus, in
each case, accrued and unpaid interest to the Redemption Date, if any (subject to the right of
holders of record of such Securities on relevant record dates to receive interest due on an
interest payment date). On or after the date that is six months prior to their Stated Maturity,
the Securities may be redeemed in whole or in part, at the option of the Company, at any time and
from time to time at a Redemption Price equal to 100% of the principal amount of the Securities to
be redeemed plus accrued and unpaid interest thereon to the Redemption Date, if any (subject to the
right of holders of record of such Securities on relevant record dates to receive interest due on
an interest payment date).
Any redemption may be made upon not less than 30 and not more than 60 days notice to the
Holders thereof as provided in the Indenture.
If less than all of the Securities are to be redeemed, the Trustee shall select, not more than
60 nor less than 30 days before the Redemption Date, the Securities or portions thereof to be
redeemed, by such method the Trustee shall deem fair and appropriate.
In the case of any redemption of Securities in accordance with the Indenture, interest
installments whose Stated Maturity is on or prior to the Redemption Date will be payable to the
Holders of such Securities of record as of the close of business on the relevant Regular Record
Date or Special Record Date referred to on the face hereof. Securities (or portions
A-6
thereof) for whose redemption and payment provision is made in accordance with the Indenture
shall cease to bear interest from and after the Redemption Date.
In the event of redemption or repurchase of this Security in accordance with the Indenture in
part only, a new Security or Securities for the unredeemed portion hereof shall be issued in the
name of the Holder hereof upon the cancellation hereof.
Upon the occurrence of a Change of Control Triggering Event with respect to the Securities,
unless the Company has exercised its right to redeem the Securities pursuant to Article XI of the
Indenture, each Holder of the Securities shall have the right to require the Company to purchase
all or a portion (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such
Holders Security pursuant to Article XIV of the Indenture.
If an Event of Default shall occur and be continuing, the principal amount of all the
Securities may be declared due and payable in the manner and with the effect provided in the
Indenture.
The Indenture contains provisions for defeasance at any time of (a) the entire Indebtedness on
the Securities and (b) certain covenants and Defaults and Events of Default, in each case upon
compliance with certain conditions set forth therein.
The Indenture permits, with certain exceptions (including certain amendments permitted without
the consent of any Holders and certain amendments which required the consent of all of the Holders)
as therein provided, the amendment thereof and the modification of the rights and obligations of
the Company and the rights of the Holders under the Indenture and the Securities at any time by the
Company, the Guarantors and the Trustee with the consent of the Holders of at least a majority in
aggregate principal amount of the Securities at the time Outstanding that are affected. The
Indenture also contains provisions permitting the Holders of at least a majority in aggregate
principal amount of the Securities (100% of the Holders in certain circumstances) at the time
Outstanding that are affected, on behalf of the Holders of all the Securities, to waive compliance
by the Company with certain provisions of the Indenture and the Securities of such series and
certain past Defaults and Events of Default under the Indenture and the Securities and their
consequences. Any such consent or waiver by or on behalf of the Holder of this Security shall be
conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof
whether or not notation of such consent or waiver is made upon this Security.
No reference herein to the Indenture and no provision of this Security or of the Indenture
shall alter or impair the obligation of the Company or any other obligor on the Securities (in the
event such other obligor is obligated to make payments in respect of the Securities), which is
absolute and unconditional, to pay the principal of, and premium, if any, and interest on, this
Security at the times, place, and rate, and in the coin or currency, herein prescribed.
As provided in the Indenture and subject to certain limitations therein set forth, the
transfer of this Security is registrable in the Security Register, upon surrender of this Security
A-7
for registration of transfer at the office or agency of the Company in the Borough of
Manhattan, The City of New York, duly endorsed by, or accompanied by a written instrument of
transfer in form satisfactory to the Company and the Security Registrar duly executed by, the
Holder hereof or its attorney duly authorized in writing, and thereupon one or more new Securities,
of authorized denominations and for the same aggregate principal amount, will be issued to the
designated transferee or transferees.
The Securities in certificated form are issuable only in registered form without coupons in
denominations of $2,000 and any integral multiple of $1,000 in excess thereof. As provided in the
Indenture and subject to certain limitations therein set forth, the Securities are exchangeable for
a like aggregate principal amount of Securities of a differing authorized denomination, as
requested by the Holder surrendering the same.
Except as indicated in the Indenture, no service charge shall be made for any registration of
transfer or exchange of Securities, but the Company may require payment of a sum sufficient to
cover any tax or other governmental charge payable in connection therewith.
A director, officer, employee or stockholder, as such, of the Company or any Guarantor shall
not have any liability for any obligations under the Securities or the Indenture or for any claim
based on, in respect of or by reason of such obligations or their creation. By accepting a
Security, each Holder waives and releases all such liability. The waiver and release are part of
the consideration for the issue of the Securities.
Prior to due presentment of this Security for registration of transfer, the Company, the
Trustee and any agent of the Company or the Trustee may treat the Person in whose name this
Security is registered as the owner hereof for all purposes, whether or not this Security is
overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the
contrary.
THIS SECURITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK, WITHOUT GIVING EFFECT TO THE TO CONFLICT OF LAWS PRINCIPLES THEREOF.
All terms used in this Security which are defined in the Indenture and not otherwise defined herein
shall have the meanings assigned to them in the Indenture.
A-8
CHANGE OF CONTROL REPURCHASE NOTICE
If you want to elect to have only part of the Security purchased by the Company pursuant to Section
14.01 of the Indenture, state the amount you elect to have purchased:
$______________
Date: ___________________________
Your
Signature: _______________________
(Sign exactly as your name appears on the face of this Security)
Tax
Identification No: _________________
Signature
Guarantee*: ______________
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Participant in a recognized Signature Guarantee Medallion Program (or other signature
guarantor acceptable to the Trustee). |
A-9
SCHEDULE OF INCREASES AND DECREASES OF INTERESTS
IN THE GLOBAL SECURITY3
The following increases or decreases in this Global Security have been made:
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This should be included only if the Security
is a Global Security. |
A-10
exv5w1
Exhibit 5.1
Mayer Brown LLP
71 South Wacker Drive
Chicago, Illinois 60606-4637
Main Tel +1 312 782 0600
Main Fax +1 312 701 7711
www.mayerbrown.com
May 9, 2011
Republic Services, Inc.
18500 North Allied Way
Phoenix, AZ 85054
Ladies and Gentlemen:
We have acted as counsel for Republic Services, Inc., a Delaware corporation (the Company),
in connection with the offer and sale of $700,000,000 aggregate principal amount of its 3.800%
notes due May 15, 2018 (the 2018 Notes), $550,000,000 aggregate principal amount of its 4.750%
notes due May 15, 2023 (the 2023 Notes) and $600,000,000 aggregate principal amount of its 5.700%
notes due May 15, 2041 (the 2041 Notes and, together with the 2018 Notes and the 2023 Notes, the
Notes) as set forth in the Prospectus Supplement, dated May 2, 2011 (the Prospectus
Supplement), as filed with the Securities and Exchange Commission pursuant to Rule 424(b)(2) under
the Securities Act of 1933, as amended (the Securities Act). The Notes will be guaranteed,
jointly and severally (the Guarantees), by each of the Companys subsidiaries that is a party to
the supplemental indentures referred to below (the Guarantors).
The Notes and Guarantees will be issued under an Indenture, dated September 8, 2009, between
the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the Trustee), as
supplemented by (i) a Second Supplemental Indenture among the Company, the Guarantors and the
Trustee relating to the 2018 Notes to be dated May 9, 2011, (ii) a Third Supplemental Indenture
among the Company, the Guarantors and the Trustee relating to the 2023 Notes to be dated May 9,
2011 and (iii) a Fourth Supplemental Indenture among the Company, the Guarantors and the Trustee
relating to the 2041 Notes to be dated May 9, 2011.
In connection with our opinion, we have examined: (a) the Prospectus Supplement; (b) the
Companys Certificate of Incorporation and By-Laws, each as amended to date; (c) the Indenture; (d)
the form of the Notes; and (e) such other proceedings, documents and records as we have deemed
necessary to enable us to render this opinion.
In our examination of the above referenced documents, we have assumed the genuineness of all
signatures, the authenticity of all documents, certificates and instruments submitted to us as
originals and the conformity with the originals of all documents submitted to us as copies. Also,
we have relied as to certain factual matters on information obtained from public officials,
officers of the Company and Guarantors and other sources believed by us to be responsible.
Mayer Brown LLP operates in combination with our associated English limited liability partnership
and Hong Kong partnership (and its associated entities in Asia) and is associated with Tauil & Chequer Advogados, a Brazilian law partnership.
Mayer Brown llp
Republic Services, Inc.
May 9, 2011
Page 2
Based upon and subject to the foregoing and the matters set forth herein, assuming that the
Indenture has been duly authorized, executed and delivered by, and represents the valid and binding
obligation of, the Trustee, we are of the opinion that:
1. Upon the due execution, authentication, issuance and delivery of the Notes, and the receipt
of the consideration therefor set forth in the Prospectus Supplement, the Notes will be valid and
binding obligations of the Company entitled to the benefits of the Indenture and enforceable
against the Company in accordance with their terms; except as enforcement thereof may be limited by
bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other comparable laws
affecting the enforcement of creditors rights generally or the application of equitable principles
(regardless of whether such enforceability is considered in a proceeding in equity or at law).
2.
Upon the due execution, authentication, issuance and delivery of the
Notes, and the receipt of
the consideration therefor set forth in the Prospectus Supplement, the Guarantees will be the valid
and binding obligations of the Guarantors entitled to the benefits of the Indenture and enforceable
against the Guarantors in accordance with their terms; except as enforcement thereof may be limited
by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other comparable laws
affecting the enforcement of creditors rights generally or the application of equitable principles
(regardless of whether such enforceability is considered in a proceeding in equity or at law).
We express no opinion concerning the contents of the Prospectus Supplement, other than as to
the validity of the Notes and the Guarantees. We express no opinion as to the applicability of,
compliance with or effect of, the law of any jurisdiction other than United States Federal law, the
laws of the States of Illinois, New York, California, North Carolina and Texas and the General
Corporation Law of the State of Delaware, and have assumed the due authorization of the Guarantees
by each of those Guarantors organized in a jurisdiction other than the foregoing.
We hereby consent to the reference to our firm under the caption Legal Matters in the
Prospectus Supplement, and to the filing of this opinion as an exhibit to the Companys Current
Report on Form 8-K. In giving this consent, we do not admit that we are experts within the
meaning of Section 11 of the Securities Act or within the category of persons whose consent is
required by Section 7 of the Securities Act.
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Very truly yours,
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/s/ Mayer Brown LLP
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Mayer Brown LLP |
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