Sonic Restaurant Site Clause Samples
The 'Sonic Restaurant Site' clause defines the specific location or property designated for the operation of a Sonic restaurant under the agreement. This clause typically identifies the address, legal description, or boundaries of the site, ensuring both parties are clear about the exact premises involved. By precisely specifying the site, the clause helps prevent disputes over location, ensures compliance with franchise or lease requirements, and provides a clear reference point for obligations related to construction, operation, and maintenance.
Sonic Restaurant Site. (a) The site at which Licensee shall operate the Sonic Restaurant is more fully described in paragraph (a) of Section 2.01. During the term of this Agreement, the site shall be used exclusively for the purpose of operating a franchised Sonic drive-in restaurant.
(b) In the event the Sonic Restaurant premises suffers some physical casualty, the minimum acceptable quality and appearance for the restored restaurant will be that which existed just prior to the casualty, unless the Sonic Restaurant was below minimum acceptable standards for SONIC at the time of casualty in which event the Sonic Restaurant will be restored to a condition which meets the minimum acceptable standard according to SONIC. However, Licensee agrees to make all reasonable effort to have the restored Sonic Restaurant reflect the then current image, design and specifications of Sonic drive-in restaurants. If the Sonic Restaurant is substantially destroyed by fire or other casualty, Licensee may, with the written consent of SONIC elect to terminate this Agreement in lieu of Licensee reconstructing the restaurant, provided that for a period of 18 months after said election, Licensee shall not enter into, become landlord of or loan money to any restaurant business within a three- mile radius of the drive-in site which is similar in nature to, or competitive with a Sonic drive-in restaurant or considered a fast food establishment.
Sonic Restaurant Site. (a) The site at which Licensee shall operate the Sonic Restaurant is more fully described in Section 2.01(a). During the term of this Agreement, the site shall be used exclusively for the purpose of operating a licensed Sonic drive in restaurant.