What is the address of 1-800-GOT-JUNK? LLC, the Secured Party, as listed in the General Security Agreement?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
IN FAVOUR OF: 1-800-GOT-JUNK? LLC, a Delaware limited liability company with an office at 301 – 887 Great Northern Way, Vancouver, BC, V5T 4T5, Canada (the "Secured Party")
Source: Item 22 — Contracts (FDD page 24)
What This Means (2025 FDD)
According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, the address for 1-800-GOT-JUNK? LLC, when acting as the Secured Party in the General Security Agreement, is 301 – 887 Great Northern Way, Vancouver, BC, V5T 4T5, Canada. This address is specifically referenced in the context of the General Security Agreement, which outlines the security interests granted to 1-800-GOT-JUNK? LLC. The agreement applies to all debts, liabilities, and obligations of the franchisee (Debtor) to 1-800-GOT-JUNK? LLC (Secured Party). This includes obligations detailed in the franchise agreement itself. The General Security Agreement ensures that 1-800-GOT-JUNK? LLC has a secured interest in the franchisee's assets, referred to as collateral, to cover these obligations. This collateral includes items like vehicles and equipment used in the franchised business. The security interest is a purchase money security interest to the extent that 1-800-GOT-JUNK? LLC advances money to enable the Debtor to purchase or acquire any of the Collateral and were so used. This arrangement protects 1-800-GOT-JUNK? LLC's interests in case the franchisee defaults on their obligations.