Does the Aira Fitness Guarantor receive notice of amendments or modifications to the Lease?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
Modification. No amendment or variation of the terms of this Addendum is valid unless made in writing and signed by the parties and the parties have obtained Aira Fitness's written consent.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to the 2025 Aira Fitness Franchise Disclosure Document, Aira Fitness's written consent is required for any amendments or variations to the terms of the Lease Addendum. Specifically, no amendment or variation of the terms of the Addendum is valid unless it is made in writing, signed by all parties, and has Aira Fitness's written consent. This ensures that Aira Fitness is aware of and approves any changes to the Lease Addendum, which is designed to protect their interests and brand standards.
However, the document does not explicitly state that Aira Fitness, as a guarantor, will receive direct notice of all amendments or modifications to the lease itself. The language focuses on amendments to the Lease Addendum, which is a separate agreement. The Lease Addendum outlines specific rights and obligations of the landlord, tenant (franchisee), and Aira Fitness.
Therefore, while Aira Fitness must consent to changes in the Lease Addendum, it is not clear whether they automatically receive notice of all changes to the underlying lease agreement. A prospective franchisee should clarify with Aira Fitness whether they will be informed of all lease modifications, or if the franchisee is responsible for keeping Aira Fitness updated.