Events of Default

Each of the following will constitute an Event of Default under the Indenture with respect to the notes: (a) failure to pay any interest on the notes when due, which failure continues for 30 days; (b) failure to pay principal of, or any premium on, the notes when due; (c) failure to deposit any sinking fund payment, when due, in respect of the notes; (d) failure to perform any other covenant or warranty of BFI or the Company in the Indenture (other than a covenant or warranty included in the Indenture solely for the benefit of a series of notes other than the notes offered hereby), which failure continues for 60 days after written notice has been given by the Trustee or the holders of at least \(25\%\) in aggregate principal amount of outstanding notes, as provided in the Indenture; (e) the Company's Guarantee Obligations shall, for any reason, cease to be, or the Company shall assert in writing to the Trustee or the holders thereof that such guarantee is not in full