Common use of Brand Fee Clause in Contracts

Brand Fee. (a) On or before the 20th day of each calendar month throughout the term of this Agreement, Licensee shall pay to Sonic Brand Fund, which is administered by SONIC, a brand contribution fee in an amount equal to .75% of the Gross Sales received by Licensee from the operation of the Sonic Restaurant during the calendar month next preceding the date of such payment. Such payment shall be forwarded with the profit and loss statement required to be provided pursuant to Section 10.01 herein. (b) The amount due to SONIC by Licensee pursuant to Section 5.03, above, shall be in addition to and separate from that which Licensee is obligated to spend pursuant to Section 11.01(a) of this Agreement.

Brand Fee. (a) On or before the 20th 10th day of each calendar month throughout the term of this Agreement, Licensee shall pay to the Sonic Brand Fund, which is administered by SONICSonic, a brand contribution fee in an amount equal to .75.90% of the Gross Sales received by Licensee from the operation of the Sonic Restaurant during the calendar month next preceding the date of such payment. Such payment shall be forwarded with the profit and loss statement required to be provided pursuant to Section 10.01 herein. (b) The amount due to SONIC Sonic by Licensee pursuant to Section 5.035.03(a), above, shall be in addition to and separate from that which Licensee is obligated to spend contribute pursuant to Section Sections 11.01(a) and 11.01(c) of this Agreement.

Brand Fee. (a) On or before the 20th 10th day of each calendar month throughout the term of this Agreement, Licensee shall pay to the Sonic Brand Fund, which is administered by SONICSonic, a brand contribution fee in an amount equal to .75.90% of the Gross Sales received by Licensee from the operation of the Sonic Restaurant during the calendar month next preceding the date of such payment. Such payment shall be forwarded with the profit and loss statement required to be provided pursuant to Section 10.01 herein. (b) The amount due to SONIC Sonic by Licensee pursuant to Section 5.035.03(a), above, shall be in addition to and separate from that which Licensee is obligated to spend contribute pursuant to Section Sections 11.01(a) and 11.01(c) of this Agreement.. 

Brand Fee. (a) On or before the 20th 10th day of each calendar month throughout the term of this Agreement, Licensee shall pay to the Sonic Brand Fund, which is administered by SONICSonic, a brand contribution fee in an amount equal to .75.90% of the Gross Sales received by Licensee from the operation of the Non-Traditional Sonic Restaurant during the calendar month next preceding the date of such payment. Such payment shall be forwarded with the profit and loss statement required to be provided pursuant to Section 10.01 herein. (b) The amount due to SONIC Sonic by Licensee pursuant to Section 5.035.03(a), above, shall be in addition to and separate from that which Licensee is obligated to spend contribute pursuant to Section Sections 11.01(a) and 11.01(c) of this Agreement.