What is the agreement called that induces the Assignee to enter into the conditional assignment of telephone numbers with Anago?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
ll such services, duties and obligations.
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- Upon the occurrence of the events set forth in paragraph 2 above, AFI shall have the right to assign ALL Client Accounts to an approved Anago subfranchisor, as designated by AFI.
IN WITNESS WHEREOF, the parties hereto have executed this Collateral Assignment of Client Accounts
| SUBFRANCHISOR: CORP NAME. | FRANCHISOR: ANAGO FRANCHISING, INC. |
|---|---|
| BY: | BY: |
| NAME: | NAME: ADAM D. POVLITZ |
| TITLE: | TITLE: CEO & PRESIDENT |
EXHIBIT VI - CONDITIONAL ASSIGNMENT OF TELEPHONE NUMBERS
THIS CONDITIONAL ASSIGNMENT OF TELEPHONE NUMBERS is made and entered into as of the date indicated below by and between Anago Franchising, Inc. ("Assignee") and Corp Name. ("Assignor").
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- As an inducement for Assignee to enter into the Anago Subfranchise Rights Agreement ("SRA") with Assignor, and in exchange for other good and valuable consideration provided by Assignee, Assignor's receipt of which is hereby acknowledged, Assignor hereby conditionally assigns to Assignee all telephone numbers and listings utilized, whether currently or in the future, by Assignor in connection with the operation of Assignor's Anago Subfranchise Business, including, without limitation, the following numbers:________________________________________________________________________.
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- This conditional agreement will become effective automatically upon termination or expiration of Assignor's SRA.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the agreement that induces the Assignee to enter into the conditional assignment of telephone numbers is the Anago Subfranchise Rights Agreement (SRA). The Assignor conditionally assigns all telephone numbers and listings used in connection with the operation of the Anago Subfranchise Business to the Assignee as an inducement to enter into the SRA. This assignment is in exchange for good and valuable consideration provided by the Assignee.
This conditional agreement becomes effective automatically upon the termination or expiration of the Assignor's SRA. When this occurs, the Assignor must take all necessary actions required by the Assignee and the telephone company to ensure the assignment of telephone numbers is effective, as if the Assignee were the original recipient of those numbers and listings.
The Assignor is responsible for paying all amounts owed for the use and listing of the telephone numbers, including Yellow Pages advertising, up to the effective date of the assignment. Additionally, the Assignor agrees to indemnify the Assignee for any costs the Assignee incurs to effectuate this agreement and must fully cooperate with both the Assignee and the telephone company to complete the assignment.