Common use of Sonic as Additional Insured Clause in Contracts

Sonic as Additional Insured. The Licensee shall name SONIC and SONIC’s subsidiaries and Affiliates as additional insureds under the insurance policies specified in paragraphs (a), (b) and (c) of Section 12.01, above. The Licensee’s policies shall constitute primary policies of insurance with regard to other insurance, shall contain a waiver of subrogation provision in favor of SONIC as it relates to the operation of the Sonic Restaurant, and shall provide for at least 30 days’ written notice to SONIC prior to their cancellation or amendment.

Appears in 2 contracts

Sources: License Agreement (Sonic Corp), License Agreement (Sonic Corp)