HomeMy WebLinkAbout0758 • r, ' • ' ' _ _
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i;WRS, upon demand, all books and records concerrting the said movie, f
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~~and all prints, trailers, advertising material and other property ~
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'Iconcerning the said movie, as shall be in the possession or under the
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'~control of SPC. WRS hereby specifically agrees that it shall not i~
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•;make demand for delivery of said material, nor shall WRS exercise !
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~'its aforesaid power of attorney, unless and unti2 SPC shall default'
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'~in the parformance of any of its obligations hereunder.. ;
S. In the event that prior to the payment of all chargesi
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~~set forth in this Agreement, any of the warranties contained in •
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„this Agreement or its subsidiary agreements shall prove to be .
: untrue, or in the event of a default in the observance by SPC of :
~'any of the terms, warranties or conditions of this Agreement, or :
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:~any other subsidiary agreement in connection with this transaction,~
;tthen in any of such events the amounts due hereunder shall become
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;immediately due and payable, and WRS shall be relieved of any obZi-
. ~:gation to perform hereunder, and WRS may pursue the remedies afforc~ed t
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•~to it by this Agreement and/or under the terms of any other agree-~
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:'ment executed as part of this transaction, or any other remedy -
'~afforded by law, at its option, WRS may do and perform all other
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~acts and things necessary for the preservati.on of its rights to .
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~,collect any revenues from the said movie, or to otherwise exercise~
any of its rights hereunder, all at the cost of SPC. The monies ~
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advanced on account of which shall be secured in the same manner '
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as herein provided for the payment of the other amounts due here-
i~ under. All rights, provisi'ons and remedies granted to WRS lierein, <
i; and the other documents in connection with this transaction, or
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which are granted by any applicable law, shall~be deemed cumulative
'j and exclusive of one another, and the exercise by WRS of any one '
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~~~right, privilege or remedy-under the aforesaid instruments, or ~
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pursuant to any law, shall not preclude its xight to enforce any
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one or more of the other rights, privileges or remedies available '
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to WRS .
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~ooKl78 ~ 757 '
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