Sonic Capital LLC, Sonic Industries LLC, America’s Drive-In Brand Properties LLC, America’s Drive-In Restaurants LLC, SRI Real Estate Holding LLC, SRI Real Estate Properties LLC Series 2018-1 4.026% Fixed Rate Senior Secured Notes, Class A-2 PURCHASE...Purchase Agreement • January 24th, 2018 • Sonic Corp • Retail-eating places • New York
The Offered Notes (i) will have terms and provisions that are summarized in the Pricing Disclosure Package (as defined below) and (ii) are to be issued pursuant to the Base Indenture, dated as of May 20, 2011 (the “Initial Closing Date”) (as amended and supplemented as of the date hereof, the “Base Indenture”), and the Series 2018-1 Supplement thereto (the “Series 2018-1 Supplement” and, together with the Base Indenture, the Series 2013-1 Supplement thereto, dated as of July 18, 2013, and the Series 2016-1 Supplement thereto, dated as of May 17, 2016, the “Indenture”), to be dated as of the Closing Date, in each case entered into by and among the Co-Issuers and Citibank, N.A., as trustee (in such capacity, the “Trustee”) and as securities intermediary. The Co-Issuers’ obligations under the Offered Notes will be irrevocably and unconditionally guaranteed (the “Guarantee”) by Sonic Franchising LLC, a Delaware limited liability company (the “Guarantor” and, together with the Co-Issuers, t
