On what date will Amorino transfer the undisputed fees from the franchisee's operating account?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
notice of your disagreement shall be irrevocable confirmation of the accuracy of the Fee Notice and obligation to pay. On each Due Date, Amorino will transfer from your operating account the undisputed amount of fees reflected in the Fee Notice.
- O. Interest; Nonsufficient Funds Charge. Any payments not received by Amorino by the Due Date will accrue interest at the rate of eighteen percent (18%) per annum or the maximum lawful interest rate permitted by the jurisdiction in which the Store operates, whichever is lower. Our right to receive such interest shall be in addition to any other rights or remedies we may have with respect to late or unpaid payments under this Agreement. You shall be responsible for and bear the cost of any returned, stop payment or insufficient funds fees or any similar or related fees charged by any financial institutions or any electronic funds transfer network, including paying to Amorino a nonsufficient funds charge in the amount of $50 (which will increase to $100 for any second or more nonsufficient funds charge during any roll
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, Amorino will transfer the undisputed amount of fees from the franchisee's operating account on each Due Date. The Due Date is the date Amorino specifies as the due date for such payment. If a franchisee disagrees with the amount in the Fee Notice, they have three business days to provide written notice of the disagreement with supporting evidence. Failure to do so confirms the accuracy of the Fee Notice and the obligation to pay.
Franchisees are required to maintain an operating account for all payments and must participate in Amorino's electronic funds transfer program. This authorizes Amorino to use a pre-authorized bank draft system for the operating account. Franchisees must ensure sufficient funds are available in the operating account by the Due Date for any required payments.
If the Due Date falls on a non-business day, the payment is due on the next business day. Amorino determines the amount of payments due and provides a Fee Notice to the franchisee, stating the fees due and the Due Date. However, Amorino retains the right to require payment through another method at its discretion, as specified in writing or in the Manual.