0000790934-97-000002 Sample Contracts

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May 15, 1997 VIA FEDERAL EXPRESS AND FACSIMILE --------------------------------- Debbie Reynolds Hotel & Casino, Inc. Debbie Reynolds Resorts, Inc. Debbie Reynolds Management Company - Inc. Todd Fisher Chief Executive Officer Debbie Reynolds Hotel &...
Reynolds Debbie Hotel & Casino Inc • June 17th, 1997 • Services-racing, including track operation

This letter is to serve as the required formal written notice of our election to cancel and terminate that certain Agreement for Purchase and Sale dated October 30, 1996, by and between ILX Incorporated (as Buyer) and Debbie Reynolds Hotel & Casino, Inc., and Debbie Reynolds Resorts, Inc., (collectively as Seller), effective immediately. Since, to the best of our knowledge, the subject Agreement was never placed in escrow nor executed by the Escrow Agent (and no notice address is provided in the subject Agreement), we are not transmitting notice to Escrow Agent.

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