factual

Who is the purchaser in the Motor Fuel Agreement for Circle K franchises?

Circle_K Franchise · 2025 FDD

Answer 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.

Source: Item 23 — RECEIPTS (FDD pages 100–359)

What This Means (2025 FDD)

According to Circle K's 2025 Franchise Disclosure Document, the Motor Fuel Agreement is between TMC Franchise Corporation, identified as the "Seller," and the franchisee, identified as the "Purchaser." This agreement stipulates that the Seller will sell and deliver branded motor fuel products to the Purchaser, who in turn agrees to purchase, receive, and pay for these products at the specified premises.

This arrangement ensures that Circle K franchisees are obligated to source their motor fuel exclusively from TMC Franchise Corporation throughout the term of their agreement. The specifics regarding the types and quantities of products, along with the terms and conditions, are detailed in the Commodity Schedules attached to the Motor Fuel Agreement.

For a prospective Circle K franchisee, this means they must adhere to the terms outlined in the Motor Fuel Agreement, including purchasing fuel exclusively from TMC Franchise Corporation. Understanding the Commodity Schedules and any associated conditions is crucial, as these dictate the specifics of the fuel supply arrangement and payment obligations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.