Agreement

 Associates TransCapital Services
              a division of Associates Commercial Corporation
                   300 E. Carpenter Freeway, 17th Plaza
                           Irving, Texas  75062

December 5, 1996

Environmental Transportation Services, Inc.
c/o AMETECH, Inc.
Post Office Box 36118
Oklahoma City, Oklahoma  73136

          Re:  Transportation Accounts Financing and Security
               Agreement dated as of February 6, 1996
               ("Transportation Agreement")

Dear Ladies and Gentlemen:

This letter is to confirm, pursuant to our previous conversations,
that Associates TransCapital Services ("Associates") agrees that
notwithstanding anything to the contrary contained in Section 8.01
of that certain Transportation Accounts Financing and Security
Agreement by and between Environmental Transportation Services, Inc.
("ETS") and Associates, for ninety (90) days from the date of this
letter, ETS shall not be deemed to be in default by reason of the
default under that certain Loan and Security Agreement dated April
27, 1993 between ETS and The CIT Group/Capital Equipment Financing,
Inc. ("CIT"), as amended ("CIT Agreement").  This letter is granted
in order to assist ETS and AMETECH, Inc. with their efforts to
resolve their current problems with CIT and for no other reason.

Except as specifically set forth herein, this letter is not intended
to and shall not limit any rights or remedies available to
Associates under the Transportation Accounts Financing and Security
Agreement.

                              Very truly yours,

                              Associates TransCapital Services
                              a division of Associates Commercial
                              Corporation

                              By:   /s/ Kerry Loven
                                 ________________________________
                                   Kerry Loven
                                   Vice President 

Basic Info X:

Name: Agreement
Type: Agreement
Date: Dec. 16, 1996
Company: AMETECH INC
State: Oklahoma

Other info:

Date:

  • December 5 , 1996
  • February 6 , 1996
  • April 27 , 1993

Organization:

  • Associates Commercial Corporation 300 E. Carpenter Freeway
  • Environmental Transportation Services , Inc.
  • CIT GroupCapital Equipment Financing , Inc.
  • AMETECH , Inc.
  • Transportation Accounts Financing and Security Agreement
  • Associates TransCapital Services

Location:

  • Texas
  • Oklahoma City

Person:

  • Kerry Loven