Is the Aira Fitness Guarantor's approval required for amendments or modifications to the Lease?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
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- 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, any changes to the Lease Addendum require Aira Fitness's written consent to be considered valid. Specifically, no amendment or variation of the terms of the Lease Addendum is valid unless it is in writing, signed by all parties involved, and has Aira Fitness's written consent. This requirement ensures that Aira Fitness maintains control over the terms of the lease that could affect the operation and standards of the Aira Fitness business.
This provision is included in the Lease Addendum, which Aira Fitness requires franchisees to use. The franchisor's approval is needed to ensure that any changes to the addendum do not conflict with the franchise agreement or Aira Fitness's standards. This protects Aira Fitness's interests and ensures uniformity across all franchise locations.
For a prospective Aira Fitness franchisee, this means that any negotiation or modification to the Lease Addendum must involve Aira Fitness and receive their explicit written approval. This requirement could potentially streamline the amendment process, as it ensures that all changes align with Aira Fitness's requirements from the outset. However, it also adds an additional layer of approval that franchisees must navigate when dealing with lease modifications.