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2 cups (8 ounces) shredded sharp cheddar cheese
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1 cup mayonnaise (Light or fat-free mayonnaise may not be substituted for regular mayonnaise in this recipe.)
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1 can (4-1/2 ounces) chopped ripe olives, drained, divided
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1 can (4 ounces) chopped green chilies, undrained
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1/4 teaspoon garlic powder
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1/8 teaspoon hot pepper sauce
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1/4 cup chopped green onions
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