Is the Releasor relying on any representations not explicitly stated in the All Team General Release?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
Releasor understands and agrees that no representations, warranties, agreements or covenants have been made by Franchisor with respect to this General Release, other than those expressly set forth herein, and that in executing this General Release, Releasor is not relying upon any representations, warranties, agreements or covenants not expressly set forth in this General Release.
Source: Item 22 — CONTRACTS (FDD pages 33–34)
What This Means (2025 FDD)
According to the 2025 All Team Franchise Disclosure Document, the Releasor, when executing the General Release, acknowledges that they are not relying on any representations, warranties, agreements, or covenants made by All Team that are not explicitly outlined within the General Release itself. This means that the franchisee is agreeing that only the terms written in the General Release are binding, and any prior discussions or understandings not included in the document are not part of the agreement.
This clause is designed to provide clarity and prevent future disputes based on verbal agreements or understandings that were not formally documented. By signing the General Release, the franchisee confirms that they have not been influenced by any promises or assurances from All Team that are not written into the release. This protects All Team from potential claims based on undocumented representations.
For a prospective All Team franchisee, this underscores the importance of carefully reviewing the General Release and ensuring that all relevant terms and conditions are included in the written document. If there are any verbal agreements or promises made by All Team representatives, the franchisee should insist that they be incorporated into the General Release before signing. This will help avoid misunderstandings and ensure that the franchisee's rights and obligations are clearly defined and legally enforceable.