Within how many days must I reimburse Aira Fitness for taxes imposed on royalties?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
You agree to indemnify, defend and hold us, our affiliates, and our and our affiliates' shareholders, directors, officers, employees, agents and transferees, harmless against and to reimburse us for: (1) all such obligations, damages, and taxes for which we are held liable and for all costs we reasonably incur in the defense of any such claim brought against us or in any such action in which we are named as a party; (2) any liability, cost or expense we suffer, sustain or incur arising out of or relating to your development and/or operation of your Aira Fitness Business or any of your Owners', managers', employees', or other agents' acts or failure to act in conne
Source: Item 23 — **RECEIPTS (FDD pages 59–254)
What This Means (2025 FDD)
Based on the 2025 Aira Fitness Franchise Disclosure Document, franchisees are responsible for indemnifying and reimbursing Aira Fitness for various obligations, damages, and taxes for which Aira Fitness is held liable. This includes any costs Aira Fitness reasonably incurs in defending claims or actions where they are named as a party, as well as any liability, cost, or expense arising from the franchisee's operation of their Aira Fitness Business.
The FDD does not specify a particular timeframe within which a franchisee must reimburse Aira Fitness for taxes imposed on royalties. However, it does state that franchisees must indemnify, defend, and hold Aira Fitness harmless against and reimburse them for all such obligations, damages, and taxes for which they are held liable.
Because the FDD does not state a specific timeframe for reimbursing Aira Fitness for taxes imposed on royalties, prospective franchisees should seek clarification from the franchisor regarding the expected payment terms and procedures for such reimbursements. Understanding these obligations is crucial for managing the financial aspects of the franchise and ensuring compliance with the franchise agreement.