HomeMy WebLinkAbout0804 • • . • .
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;iWRS, upon demand, all books and records concerning the said movie, '
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~~and all prints, trailers, advertising material and other property ~
i;concerning the said movie, as shall be in the possession or under the ~
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sicontrol of~SPC, WRS hereby specifically agrees that it shall not i~
~~make demand for delivery of said material, nor sha1Z WRS exercise ~
;;its aforesaid power of attbrney, unless and until SPC shall default~
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~;in the parformance of any of its obligations h~reunder. ~
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;I S. In the event that prior to the payment of aIl charges~
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~tset forth in this Agreement, any of the warranties contained in ;
~~this Agreement or its subsidiary agreements shall prove to be ;
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~~untrue, or in the event of a default in the observance by SPC of ,
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;=any of the terms, warranties or conditions of this Agreement, or
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+Pany other subsidiary agreement in connection with this transaction,
~jthen in any of such events the amounts due hereunder shall become ~
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~iimmediately due and payable, and WRS shall be relieved of any obli-`
i~gation to perform hereunder, and WRS may pursue the remedies afforded t
~~to it by this Agreement and/or under the terms of any other agree-;
~~ment executed as part of this transaction, or an'y other remedy ;
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~~afforded by law, at its option, WRS may do and perform all other ;
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liacts and things necessary for the preservation of its rights to .
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;~collect any revenues from the said movie, or to otherwise exercise'.
any of its rights hereunder, a11 at the cost of SPC. The monies '
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advanced on account of which shall be secured in the same manner !
as herein provided for the payment of the other amounts due here- ~
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~t under.~ All rights, provisions and remedies granted to WRS herein,;
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and the other documents in connection with this transaction, or i
~ which are granted by any applicable law, shall~be deemed cumulativ~
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 right to enforce any ~
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~i one or more of the other rights, privileges or remedies available
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to WRS . - .
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