May 21, 1997 WestSec Inc., 818 Kansas Avenue, Topeka, Kansas 66612 Dear Sir/Madam: This letter memorializes certain collateral agreements and understandings between NYLIFE Structured Asset Management Company Ltd. ("SAMCO"), as Beneficiary, and WestSec...Nylife Structured Asset Management Company LTD • June 5th, 1997 • Services-detective, guard & armored car services
This letter memorializes certain collateral agreements and understandings between NYLIFE Structured Asset Management Company Ltd. ("SAMCO"), as Beneficiary, and WestSec Inc. ("WestSec"), as Applicant, under that certain Letter of Credit No. P-271117, issued on May 22, 1997, by The Chase Manhattan Bank (the "Bank") or any amendment, extension or replacement thereof (the "Letter of Credit").
