When the Lease and Franchise Agreement are referenced, do these references for Aira Fitness include any amendments, addenda, extensions, and renewals to those documents?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
(b) References to the Lease and to the Franchise Agreement include all amendments, addenda, extensions, and renewals to the documents.
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, references to the Lease and Franchise Agreement include all amendments, addenda, extensions, and renewals to those documents. This means that any changes, additions, or continuations of the original agreements are considered part of the agreement itself.
For a prospective Aira Fitness franchisee, this is important because it ensures that all modifications or updates to the Lease and Franchise Agreement are legally binding and enforceable. It provides clarity and avoids potential disputes over which version of the agreement is in effect. This clause covers any alterations to the original documents, ensuring that all parties are subject to the most current terms.
This is a fairly standard clause in franchise agreements. It is important for the franchisee to keep track of all amendments, addenda, extensions, and renewals to both the Lease and Franchise Agreement, as these documents collectively define the franchisee's rights and obligations.