Common use of Personal Guaranty of Payments Clause in Contracts

Personal Guaranty of Payments. The Guarantor hereby guarantees the prompt and full payment of the following obligations under the License Agreement: (a) All royalties due Sonic pursuant to the License Agreement. (b) All advertising contribution fees to the Sonic Advertising Fund pursuant to the License Agreement. (c) All contributions to approved advertising cooperatives pursuant to the License Agreement. (d) Any other miscellaneous obligations owing to Sonic or its Affiliates relating to the Non-Traditional Sonic covered by the License Agreement.

Appears in 1 contract

Samples: Non Traditional License Agreement (Sonic Corp)

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Personal Guaranty of Payments. The Guarantor hereby guarantees the prompt and full payment of the following obligations under the License Agreement: (a) All royalties due Sonic SONIC pursuant to the License Agreement. (b) All advertising contribution fees to the Sonic Advertising Fund pursuant to the License Agreement. (c) All contributions to approved advertising cooperatives pursuant to the License Agreement. (d) Any other miscellaneous obligations owing to Sonic SONIC or its Affiliates relating to the NonSonic drive-Traditional Sonic in restaurant covered by the License Agreement, including any sign lease agreements.

Appears in 1 contract

Samples: License Agreement (Sonic Corp)

Personal Guaranty of Payments. The Guarantor hereby guarantees the prompt and full payment of the following obligations under the License Agreement: (a) All royalties due Sonic pursuant to the License Agreement. (b) All advertising contribution fees to the Sonic Advertising Fund pursuant to the License Agreement. (c) All contributions to approved advertising cooperatives pursuant to the License Agreement. (d) Any other miscellaneous obligations owing to Sonic or its Affiliates relating to the NonSonic drive-Traditional Sonic in restaurant covered by the License Agreement, including any sign lease agreements.

Appears in 1 contract

Samples: License Agreement (Sonic Corp)

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Personal Guaranty of Payments. The Guarantor hereby guarantees the prompt and full payment and performance of the following all obligations under the License AgreementAgreement including: (a) All all royalties due Sonic pursuant to the License Agreement., (b) All advertising all brand contribution fees to the Sonic Advertising Brand Fund pursuant to the License Agreement., (c) All all contributions to approved advertising cooperatives pursuant to the License Agreement., and (d) Any any other miscellaneous obligations owing to Sonic or its Affiliates (as defined in the License Agreement) relating to the Non-Traditional Sonic covered by the License AgreementSonic, including any sign lease agreement.

Appears in 1 contract

Samples: Non Traditional License Agreement (Sonic Corp)

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