factual

Who is included in the definition of 'Indemnitors' related to an All Team USER?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

USER will indemnify, defend and save harmless ATFC and its employees, agents, officers, directors, parents, subsidiaries, affiliates, successors and assigns ("Indemnitees") from and against any and all liabilities, obligations, losses, damages, penalties, claims, actions, costs and expenses (including without limitation legal fees and expenses) of any kind and nature whatsoever, including without limitation damages or injuries suffered by Indemnitees, which may be imposed on, incurred by or asserted against the Indemnitees in any way arising out of the acts or omissions of USER or its employees, agents, officers, directors, parents, subsidiaries, affiliates, successors and assigns ("Indemnitors") pursuant to or relating to this Agreement or the transactions or relationships contemplated hereby or a breach or default by USER under this Agreement regardless of whether the Indemnities were negligent or that said negligence was a contributing factor in the liability.

Source: Item 23 — RECEIPT (FDD pages 34–161)

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, the term 'Indemnitors' includes the USER (franchisee) and its employees, agents, officers, directors, parents, subsidiaries, affiliates, successors, and assigns. This definition is relevant in the context of indemnification, where the USER is obligated to protect All Team from liabilities arising from the USER's operations.

This means that if the All Team franchisee or anyone working for them causes harm or incurs debt, the franchisee is responsible for covering any resulting costs or claims against All Team. This responsibility extends beyond just the franchisee as an individual and includes their business entity and related parties.

For a prospective All Team franchisee, this highlights the importance of operating the business responsibly and ensuring compliance with all applicable laws and regulations. It also underscores the need for adequate insurance coverage to protect against potential liabilities. Understanding the scope of 'Indemnitors' is crucial for assessing the potential financial risks associated with operating an All Team franchise.

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.