What does the undersigned waive regarding statute of limitations related to the 7 Brew Owner's Undertaking?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
statute of limitations or other limitations period as to or relating to this Undertaking. The undersigned expressly acknowledges that the obligations under this Undertaking survive expiration or termination of the Agreement.
Source: Item 22 — CONTRACTS (FDD pages 82–83)
What This Means (2025 FDD)
According to 7 Brew's 2025 Franchise Disclosure Document, the undersigned, in the Owner's Undertaking, waives the right to assert any statute of limitations or other limitations period related to the Owner's Undertaking. This waiver means that the individual signing the Owner's Undertaking agrees that there is no time limit on 7 Brew's ability to bring a claim against them concerning the Undertaking.
This waiver extends the period during which 7 Brew can pursue legal action related to the Owner's Undertaking indefinitely. This condition survives the expiration or termination of the Franchise Agreement, meaning that even after the franchise relationship ends, the waiver remains in effect.
Such a waiver is a significant legal commitment. Prospective franchisees should carefully consider the implications and consult with legal counsel to fully understand the scope and potential consequences of this waiver, as it could expose them to long-term liability.