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This Guarantee shall be governed by and construed in accordance with the internal laws of <br />the State of Illinois applicable to contracts made to be performed therein. <br />The Beneficiary's receipt and acceptance of this Guarantee shall constitute the Beneficiary's <br />acceptance of and agreement to each and every term hereof. <br />WASTE MANAGEMENT HOLDINGS, INC. RECEIVED AND ACCEPTED: <br />(Beneficiary) <br />r <br />S. <br />Its. <br />