factual

Does the Amerispec Inspection Services Guaranty apply to addenda to the Franchise Agreement?

Amerispec_Inspection_Services Franchise · 2025 FDD

Answer from 2025 FDD Document

For value received, TCB Services HoldCo, LLC, a Delaware limited liability company (the "Guarantor"), located at 3060 Peachtree Road, NW, Suite 201, Atlanta, Georgia 30305 absolutely and unconditionally guarantees to assume the duties and obligations of TCB AmeriSpec, LLC, located at 57 Germantown Court, Suite 201, Cordova, Tennessee 38018 (the "Franchisor"), under its franchise registration in each state where the franchise is registered, and under its Franchise Agreement identified in its AmeriSpec Inspection Services Franchise Disclosure Document, as it may be amended, and as that Franchise Agreement may be entered into with franchisees and amended, modified or extended from time to time. This guarantee continues until all such obligations of the Franchisor under its franchise registrations and the Franchise Agreement are satisfied or until the liability of Franchisor to its franchisees under the Franchise Agreement has been completely discharged, whichever first occurs. The Guarantor is not discharged from liability if a claim by a franchisee against the Franchisor remains outstanding. Notice of acceptance is waived. The Guarantor does not waive receipt of notice of default on the part of the Franchisor. This guarantee is binding on the Guarantor and its successors and assigns.

Signed at MEMPHTS , TENNESSEE , on APRI 30, 2025 [Insert City Above] [Insert State Above] [Insert Date Above]

Guarantor:

TCB Services HoldCo, LLC

Title: Chief Executive Officer

Source: Item 23 — Receipts (FDD pages 47–172)

What This Means (2025 FDD)

According to the 2025 Amerispec Inspection Services Franchise Disclosure Document, the Guarantor (TCB Services HoldCo, LLC) absolutely and unconditionally guarantees to assume the duties and obligations of the Franchisor (TCB AmeriSpec, LLC) under its Franchise Agreement, as it may be amended. This guarantee extends to the franchise registration in each state where the franchise is registered.

This guarantee remains in effect until all obligations of Amerispec Inspection Services under its franchise registrations and the Franchise Agreement are satisfied, or until the liability of Amerispec Inspection Services to its franchisees under the Franchise Agreement has been completely discharged, whichever occurs first. The guarantor remains liable even if a claim by a franchisee against Amerispec Inspection Services is outstanding.

Notice of acceptance is waived, but the Guarantor does not waive receipt of notice of default on the part of Amerispec Inspection Services. This guarantee is binding on the Guarantor and its successors and assigns. The guarantee is signed on April 30, 2025, in Memphis, Tennessee.

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.