HomeMy WebLinkAbout0759 • .r • . • , ~ i
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In the event that any indebtedness of SPC to WRS hereunder
~~or under any of the subsidiary agreements of this transaction is '
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'tnot paid when due, SPC agrees to pay all ~ollection costs and ~
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°~expenses incurred including attorney's fee:: of fifteen (15~) per ~
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i;cent of the amount of such indebtedness which is hereby agreed to ;
'be just and reasonable. ~
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.6. Nothing herein contained shall limit the right of +
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;iWRS to extend or vary the time or amounts of any payment of any ;
~'obligation due i~ upon the same or different terms and conditions '
~~;as herein set forth. No such change or modification shall preju- ~
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~:dice any of WRS' rights herein contained.
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7. SPC agrees to appear in, and defend any and all ;
'actions and proceedings effecting the assignments to WRS made here~
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~.under or effectin the title or other ri hts of SPC to the movie '
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i~"The Wild Wild World of Jayne riansfield" or effecting the security~
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i'interest of WRS therein, and to obtain and furnish WRS, from time ~
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to time, upon demand, with such releases or subordinations of '
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claims or lien as WRS may reasonably require to maintain the pri- '
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t{ ority of lien.of WRS hereunder. '
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8. WRS shall not by any act, including delayed action or .
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otherwise, be deemed to have waived any of its rights, remedies or~
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E !j options hereunder unless such waiver be~in writing, signed by WRS,;
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and then, solely to the extent set forth in such writing. A waive;
on any one occasion shall not be construed to be a waiver of any su~h
right, remedy or option on any future occasion. The failure on the~
part of WRS to enforce strict compliance with the terms hereof shall
i! not be deemed to be a waiver by WRS of its right to make demand foT
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strict compliance with the terms hereof and shall not be deemed a~
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; waiver of any of the rights of WRS at any time.
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9. This Agreement and all supplementary agreements and
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all other rights and liabilities of the parties hereto shall be ~
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governed as to validity, enforcement, interpretation, constr~ction~
effect and in any and all other respects, by the laws of the Common-
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