What is the 'Agreement' referring to in the Circle K Motor Fuel Agreement?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Motor Fuel Agreement (the "Agreement") is made and entered into between TMC Franchise Corporation("Seller") and, ("Purchaser"). |
|---|
| WITNESSETH: |
| In consideration of the mutual promises herein contained, Seller, or its affiliate on behalf |
| of Seller, will sell and deliver to Purchaser at the premises located at |
| (the "Premises"), and Purchaser will purchase, receive and pay for, branded motor fuel product(s) |
| under the CIRCLE K® |
| trademarks, service marks, trade names, brand names, trade dress, logos, |
| color patterns, color schemes, design schemes, insignia, image standards or other brand |
| identifications (the "Proprietary Marks"), and other products, of the kind and in the quantities and |
| under the terms and conditions specifically set forth in Commodity Schedule(s) attached hereto |
| and made a part hereof. |
| 1. |
| Term; Renewal. The term ("Term") of this Agreement will begin on the Effective Date |
| (as |
| defined on signature page hereto) and will terminate upon the expiration or earlier termination of |
| the Convenience Store Franchise Agreement entered into between Seller and Purchaser governing |
| the Premises (the "Convenience Store Franchise Agreement"), unless terminated earlier pursuant |
| to the terms hereof. The Term will renew if and only if the Franchise Agreement is renewed, in |
| accordance with the renewal terms and conditions set forth in the Franchise Agreement. |
| 2. |
| Products. |
| Purchaser agrees that Seller will be the exclusive supplier of all of Purchaser's |
| motor fuel requirements at the Premises at all times during the Term. The following Commodity |
| Schedule(s) forming a part of this Agreement were affixed at or before the signing hereof. |
Source: Item 23 — RECEIPTS (FDD pages 100–359)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, the 'Agreement' refers to the Motor Fuel Agreement made between TMC Franchise Corporation (Seller) and the Purchaser. This agreement entails the Seller selling and delivering branded motor fuel products under the Circle K trademarks to the Purchaser at their premises. In return, the Purchaser agrees to buy, receive, and pay for these products.
The agreement specifies that the sale will occur under the terms and conditions outlined in the attached Commodity Schedules. These schedules are considered an integral part of the Motor Fuel Agreement.
The term of the Motor Fuel Agreement begins on the Effective Date and concludes when the Convenience Store Franchise Agreement between the Seller and Purchaser expires or is terminated earlier. Renewal of the Motor Fuel Agreement is contingent upon the renewal of the Convenience Store Franchise Agreement. During the term of this agreement, the purchaser must purchase all motor fuel requirements from Circle K.