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. ~ (c) That SPC w 1 maintain its corporate ~ex~stenc ~ t;
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- in good standing arid watll not wind up, ~ liquidate orY,dis-
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~ solve its affairs and ~~.stribute its assets or enter int y
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any merger or consolida~~ion so long as any indebtad~ess
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hereunder to WRS or its ~~ssigns remains unpaid. ~ p~~.
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(d) ._That SPC is s4lvent and has the ability '~~o ,
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aneet its obligations as they mature; that `none of its °'k ~
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~xisting or anticipated ob#ligations are o~ wi21 be `
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. secured by liens on the proceeds of the~ movie' "The; Wi3d •
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Wi.ld -World of Jayne- Mansfield" prior to~ or equal in effe t•. i=•'
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~ to~°the liens in favor of WRS provided for`in this Agr~e-
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ment . ~ . ~ , ~
~ . ~(e) . That SPC owns, with regard to fhe movie ~'The
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Wild Wild i~orld of Jayite Mansfield", exclusive rights to ~t•-~~
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distribute and exploit said movie in all gauges and by ~
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all media, in~luding, but not limited to,:~theatrical~: ;
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non-theatrical;:and television. - ~ ~ ~ .
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(f). Tha~ SPC has agreements for,di~tribution of ~
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~ the said film w;ith B1ue~Ri~on Pictures, inc., of N~w -
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Orl@ans, LouisiF~~na (called "License Agreements"),.~nd
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~ said License Ag'~eements are in full force-' and e£fect and '~_f-'
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that for so lon' as SPC is indebted to WRS hereunder, 3t
shall not modif ~ amend, supplement or cahcel any of the •
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' provisions of th License Agreements or any other such
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~greement which C~ may now or in the future enter ~`into .!f:'~
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with any other pa',ty or parties, in any manner, so'as~to
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diminish or affect~t~ the ass ignment mad~ herein to wltS ~ no ~ f~
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~ shall SPC default ~h the performance of any of its~ 'ob1i- ~
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ga*ions underr the~ ~~rms of the License Agreements:: ' '
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(g) . That SPC ~~as not herrtofore entered into and s~~
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, will not in the futu~'e enter into any agreement, contrac
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. or ~ arrangement, with ,~any firm or corporation which is in
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ai~y manner in conflict~, with the terms hereof, or which
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might or could in any ~ay or at any time~ in~pa~r, abro- u.
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