factual

Under what conditions can Aira Fitness's Affiliate perform the franchisee's agreements?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

Assignment: Franchisor's Affiliate may assign some or all of Franchisor's Affiliate 's rights under this Agreement to a third party. So long as any of Franchisee's payment obligations under this Agreement remain outstanding, Franchisee shall not assign this Agreement or sell or transfer the Equipment without Franchisor's Affiliate 's prior written consent.

Source: Item 23 — **RECEIPTS (FDD pages 59–254)

What This Means (2025 FDD)

According to Aira Fitness's 2025 Franchise Disclosure Document, the franchisor's affiliate has the right to assign some or all of its rights under the Pod Purchase Agreement to a third party. However, the franchisee cannot assign the Pod Purchase Agreement or sell/transfer the equipment without the affiliate's prior written consent as long as any payment obligations remain outstanding.

This condition protects the franchisor's affiliate, ensuring they can receive payments for the equipment. It also allows the affiliate to transfer their rights to another party, which could impact the franchisee if they need to deal with a new entity. The franchisee needs to obtain written consent from Aira Fitness's affiliate before assigning the agreement or selling/transferring the equipment while payment obligations are outstanding.

This is a fairly standard clause in franchise agreements, particularly those involving equipment purchases or leases. It ensures that the financial interests of the franchisor or their affiliates are protected. Franchisees should carefully review such clauses to understand their obligations and restrictions regarding the transfer of agreements or equipment.

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.