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HomeMy WebLinkAbout0805 , . ' • • } s~ . ~ . . ~ ~ i? . . , . + . ~ ~ In the~event that any indebtedness.of SPC to WRS hereunde~r ~ ; ior under any of the subsidiary agreements of this transaction is ' : ~-not paid when due, SPC agrees to pay all collection costs and ' i~ ~ ~ . !~expenses incurred including attorney's fees of fifteen (15$) per + ~ ~ }~cent of the amount of such indebtedness which is hereby agreed to ; ? ;j be just and reasonable, ' ~ , ~ _.6. Nothing herein contained shall limit the right of i ~ ~~WRS to extend or vary the time or amounts of any payment of any ; i ~ !!obligation due it upon the same or different terms and conditions ';as herein set forth. No such change or modification shall preju- ' ~ i! ~~dice any of WRS' rights herein contained._ ~ . ; i 7. SPC agrees to appear in, and defend any and all : =l ~ ; '~actions and proceedings effecting the assignments to WRS made here~ - - ;lunder or effecting the title or other rights of SPC to the movie ~ . i!"The Wild Wild World of Jayne Mansfield" or effecting the security~ ~ ~ ;~interest of WRS therein, and to obtain and furnish WRS, from time ~ to time, upon dzmand, with such releases or subordinations of ~ claims or lien as WRS may reasonably require to maintain the pri- ~ . ' _ ority of lien of WRS hereunder. ~ : . ' 8. WRS shall not by any act, including delayed action or . otherwise, be deemed to have waived any of its rights, remedies or; ~ ; ~ ~ options hereunder unless such waiver be in writing, signed by WRS,: ! and then, solely to the extent set forth in such writing. A~•aiver ~ ' ~ " on any one occasion shall no~ 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 sha11 . not be deemed to be a waiver by WRS of its right to make demand for strict compliance with the terms hereof and shall not be deemed a ~ ~ ~ • ~ waiver of any of the rights of WRS at any time. ~ ~ ~ 9. This Agreement and all supplementary agreements and ~ ~ ? all other riohts and liabilities of the parties hereto shall be ' ~ . governed as to validity, enforcement, interpretation, constr~ction~ , effect and in any and all other respects, by the laws of the Commo~- ~ 7 . - , - ~ Q~R~ . WOK~~ ~E ~ f ~ ~ _ - ay ,a.~ ~~-r'.-:.....+ II X~' . ,.l~r_'~ ~~~"2.a~: ~ - : . _ .