Common use of Approved Suppliers and Advertising Agencies Clause in Contracts

Approved Suppliers and Advertising Agencies. (a) SONIC may require the Licensee (i) to purchase food, beverages, signs and equipment which meet the specifications established by SONIC, (ii) to participate in SONIC’s approved purchasing cooperative for the area in which the Sonic Restaurant is located, and (iii) to retain and utilize exclusively the marketing and advertising services of SONIC approved advertising agency of record. In addition, the Licensee immediately shall use the Licensee’s vote or votes in all advertising cooperatives in which the Licensee participates to support the use of the advertising agency of record for the Sonic drive-in restaurant chain.

Appears in 2 contracts

Samples: License Agreement (Sonic Corp), License Agreement (Sonic Corp)

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Approved Suppliers and Advertising Agencies. (a) SONIC Sonic may require the Licensee (i) to purchase food, beverages, signs signs, and equipment which meet the specifications established by SONIC, Sonic; (ii) to participate in SONIC’s approved purchasing cooperative for the area in purchase such items only from Sonic-designated suppliers (which the designated suppliers may include Sonic Restaurant is located, or its Affiliates); and (iii) to retain and utilize exclusively the marketing and advertising services of SONIC the Sonic-approved advertising agency of record. In addition, the Licensee immediately shall use the Licensee’s vote or votes in all advertising cooperatives in which the Licensee participates to support the use of the advertising agency of record for the Sonic drive-in restaurant chain.

Appears in 1 contract

Samples: License Agreement (Sonic Corp)

Approved Suppliers and Advertising Agencies. (a) SONIC Sonic may require the Licensee (i) to purchase food, beverages, signs signs, and equipment which meet the specifications established by SONIC, Sonic; (ii) to participate in SONIC’s approved purchasing cooperative for the area in purchase such items only from Sonic-designated suppliers (which the designated suppliers may include Sonic Restaurant is located, or its Affiliates); and (iii) to retain and utilize exclusively the marketing and advertising services of SONIC the Sonic-approved advertising agency of record. In addition, the Licensee immediately shall use the Licensee’s vote or votes in all advertising cooperatives in which the Licensee participates to support the use of the advertising agency of record for the Sonic drive-in restaurant chain.. 

Appears in 1 contract

Samples: License Agreement (Sonic Corp)

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Approved Suppliers and Advertising Agencies. (a) SONIC may require the Licensee (i) to purchase food, beverages, signs and equipment which meet the specifications established by SONIC, (ii) to participate in SONIC’s 's approved purchasing cooperative for the area in which the Sonic Restaurant is located, and (iii) to retain and utilize exclusively the marketing and advertising services of SONIC approved advertising agency of record. In addition, the Licensee immediately shall use the Licensee’s 's vote or votes in all advertising cooperatives in which the Licensee participates to support the use of the advertising agency of record for the Sonic drive-in restaurant chain.

Appears in 1 contract

Samples: Guaranty and Restriction Agreement (Sonic Corp)

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