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Guarantee Agreement

 

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Title:

Guarantee Agreement

Entities:

Allied Waste Industries Inc.

Date:

2006

Size:

Preview shows 8KB of 54KB total

Price:

$42

ID:

#1566994

 

 

► Financing ► Guarantee Agreements
► Services ► Waste Management Services

 

 

Start of Preview


                               GUARANTEE AGREEMENT


BETWEEN

ALLIED WASTE INDUSTRIES, INC.

(AS GUARANTOR)

AND

US BANK NATIONAL ASSOCIATION

(as Trustee)

dates as of ____________



CROSS-REFERENCE TABLE*



SECTION OF TRUST INDENTURE SECTION OF
ACT OF 1939, AS AMENDED GUARANTEE AGREEMENT
-------------------------- -------------------

310(a) 4.1 (a)
310(b) 4.1(c), 2.8
310(c) Inapplicable
3ll(a) 2.2(b)
3ll(b) 2.2(b)
311(c) Inapplicable
312(a) 2.2(a)
312(b) 2.2(b)
313 2.3
314(a) 2.4
314(b) Inapplicable
314(c) 2.5
314(d) Inapplicable
314(e) 1.1, 2.5, 3.2
314(f) 2.1, 3.2
315(a) 3.1(d)
315(b) 2.7
315(c) 3.1
315(d) 3.1(d)
316(a) 1.1, 2.6, 5.4
316(b) 5.3
316(c) 8.2
317(a) Inapplicable
317(b) Inapplicable
318(a) 2.1(b)
318(b) 2.1
318(c) 2.l(a)


----------
* This Cross-Reference Table does not constitute part of the Guarantee
Agreement and shall not affect the interpretation of any of its terms or
provisions.


i



TABLE OF CONTENTS



Page
----

Article I. DEFINITIONS 1
Section 1.1 Definitions 1

Article II. TRUST INDENTURE ACT 3
Section 2.1 Trust Indenture Act; Application 3
Section 2.2 List of Holders; Preferential Claims 4
Section 2.3 Reports by the Guarantee Trustee 4
Section 2.4 Periodic Reports to the Guarantee Trustee 4
Section 2.5 Evidence of Compliance with Conditions Precedent 4
Section 2.6 Events of Default; Waiver 4
Section 2.7 Conflicting Interests 5

Article III. POWERS, DUTIES AND RIGHTS OF THE GUARANTEE TRUSTEE 5
Section 3.1 Powers and Duties of the Guarantee Trustee 5
Section 3.2 Certain Rights of Guarantee Trustee 6
Section 3.3 Compensation; Indemnity; Fees 8
Section 3.4 Conflicting Interests 9

Article IV. GUARANTEE TRUSTEE 9
Section 4.1 Guarantee Trustee; Eligibility 9
Section 4.2 Appointment, Removal and Resignation of the Guarantee Trustee 10

Article V. GUARANTEE 10
Section 5.1 Guarantee 10
Section 5.2 Waiver of Notice and Demand 10
Section 5.3 Obligations Not Affected 11
Section 5.4 Rights of Holders 11
Section 5.5 Guarantee of Payment 12
Section 5.6 Subordination 12
Section 5.7 Independent Obligations 12

Article VI. COVENANTS AND SUBORDINATION 12

Article VII. TERMINATION 13
Section 7.1 Termination 13



ii



TABLE OF CONTENTS
(continued)



Page
----

Article VIII. MISCELLANEOUS 13
Section 8.1 Successors and Assigns 13
Section 8.2 Amendments 13
Section 8.3 Notices 13
Section 8.4 Benefit 14
Section 8.5 Interpretation 14
Section 8.6 Governing Law 15



iii



GUARANTEE AGREEMENT

GUARANTEE AGREEMENT, dated as of _____ (this "Guarantee Agreement"),
entered into between Allied Waste Industries, Inc., a Delaware corporation
having its principal office at 15880 North Greenway-Hayden Loop, Scottsdale,
Arizona, 85260 (the "Guarantor"), and US BANK NATIONAL ASSOCIATION, as trustee
(the "Guarantee Trustee"), for the benefit of the Holders (as defined herein)
from time to time of the Preferred Securities (as defined herein) of AWNA TRUST,
a Delaware statutory trust (the "Issuer").

WHEREAS, pursuant to an Amended and Restated Declaration of Trust, dated as
of _____ (the "Declaration"), among Allied Waste Industries, Inc., a Delaware
corporation (the "Company"), as Sponsor, the Property Trustee named therein, the

 

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