factual

In the Aerus agreement, what does a reference to a 'person' mean?

Aerus Franchise · 2025 FDD

Answer from 2025 FDD Document

Any reference herein to a "person" hereunder shall mean a "person" or "entity" as the context requires.

Source: Item 23 — Receipts (FDD pages 74–305)

What This Means (2025 FDD)

According to Aerus's 2025 Franchise Disclosure Document, the term "person" within the franchise agreement refers to either a "person" or an "entity," depending on the context. This definition is important because it broadens the scope of who or what can be bound by or benefit from the terms of the agreement.

This means that when the Aerus franchise agreement uses the word "person," it isn't limited to just individuals. It can also include business entities such as corporations, limited liability companies (LLCs), partnerships, or any other type of organization. This is a common practice in legal agreements to ensure that the terms apply appropriately whether the franchisee is an individual or a business.

For a prospective Aerus franchisee, this definition clarifies that the obligations and rights within the agreement apply not only to individual franchisees but also to franchisees that are established as business entities. It is important for franchisees to understand this distinction, especially if they plan to operate their Aerus franchise through a company or other legal structure.

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.