Common use of Majority Interest Owner Clause in Contracts

Majority Interest Owner. Licensee represents, warrants and agrees that Licensee actually owns the majority interest in the legal and equity ownership and Control of the operation of the Sonic Restaurant, and that Licensee shall maintain such interest during the term of this License except only as otherwise permitted pursuant to the terms and conditions of this License. Licensee shall furnish SONIC with such evidence as SONIC may request from time to time for the purpose of assuring SONIC that Licensee’s interest remains as represented herein.

Majority Interest Owner. The Licensee represents, warrants and agrees that Licensee actually owns the majority interest in the legal and equity ownership and Control of the operation of the Sonic RestaurantNon-Traditional Sonic, and that the Licensee shall maintain such interest during the term of this License Agreement except only as otherwise permitted pursuant to the terms and conditions of this LicenseAgreement. The Licensee shall furnish SONIC the Licensor with such evidence as SONIC the Licensor may request from time to time for the purpose of assuring SONIC the Licensor that the Licensee’s interest remains as represented herein.

Majority Interest Owner. Licensee represents, warrants warrants, and agrees that Licensee actually owns the majority interest in the legal and equity ownership and Control of the operation of the Sonic Restaurant, and that Licensee shall maintain such interest during the term of this License Agreement except only as otherwise permitted pursuant to the terms and conditions of this LicenseAgreement. Licensee shall furnish SONIC Sonic with such evidence as SONIC Sonic may request from time to time for the purpose of assuring SONIC Sonic that Licensee’s interest remains as represented herein.. 

Majority Interest Owner. Licensee represents, warrants warrants, and agrees that Licensee actually owns the majority interest in the legal and equity ownership and Control of the operation of the Sonic Restaurant, and that Licensee shall maintain such interest during the term of this License Agreement except only as otherwise permitted pursuant to the terms and conditions of this LicenseAgreement. Licensee shall furnish SONIC Sonic with such evidence as SONIC Sonic may request from time to time for the purpose of assuring SONIC Sonic that Licensee’s interest remains as represented herein.

Majority Interest Owner. Licensee represents, warrants warrants, and agrees that Licensee actually owns the majority interest in the legal and equity ownership and Control of the operation of the Sonic RestaurantNon-Traditional Sonic, and that Licensee shall maintain such interest during the term of this License Agreement except only as otherwise permitted pursuant to the terms and conditions of this LicenseAgreement. Licensee shall furnish SONIC Sonic with such evidence as SONIC Sonic may request from time to time for the purpose of assuring SONIC Sonic that Licensee’s interest remains as represented herein.

Majority Interest Owner. Licensee represents, warrants and agrees that Licensee actually owns the majority interest in the legal and equity ownership and Control of the operation of the Sonic Restaurant, and that Licensee shall maintain such interest during the term of this License except only as otherwise permitted pursuant to the terms and conditions of this License. Licensee shall furnish SONIC Licensor with such evidence as SONIC Licensor may request from time to time for the purpose of assuring SONIC Licensor that Licensee’s 's interest remains as represented herein.

Majority Interest Owner. Licensee represents, warrants and agrees that Licensee actually owns the majority interest in the legal and equity ownership and Control of the operation of the Sonic Restaurant, and that Licensee shall maintain such interest during the term of this License except only as otherwise permitted pursuant to the terms and conditions of this License. Licensee shall furnish SONIC with such evidence as SONIC may request from time to time for the purpose of assuring SONIC that Licensee’s 's interest remains as represented herein.