What is the Assignor obligated to do upon the termination or expiration of their Anago Subfranchise Rights Agreement to ensure the effectiveness of the telephone number assignment?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
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- This conditional agreement will become effective automatically upon termination or expiration of Assignor's SRA. Upon the occurrence of one of these conditions, Assignor must do all things required by Assignee and the telephone company to assure the effectiveness of the assignment of telephone numbers as if the Assignee had been originally issued such telephone numbers, listings and the usage thereof.
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- Assignor agrees to pay the telephone and listing companies on or before the effective date of assignment, all amounts owned for the use and listing of the telephone number(s), including, without limitation, Yellow Pages advertising. Assignor further agrees to indemnify Assignee for any sums Assignee must pay the telephone and listing companies to effectuate this Agreement, and agrees to fully cooperate with Assignee and the telephone company in effectuating the assignment.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, upon the termination or expiration of the Subfranchise Rights Agreement (SRA), the assignor (previous subfranchisee) must take specific actions to ensure the smooth transfer of telephone numbers to Anago. The assignor must fulfill all requirements set by Anago and the telephone company to guarantee the telephone number assignment is as effective as if Anago had originally been issued the numbers, listings, and usage rights.
Furthermore, the assignor is responsible for settling all outstanding payments to telephone and listing companies, including Yellow Pages advertising, by the assignment's effective date. The assignor also commits to indemnify Anago for any expenses Anago incurs to facilitate the agreement.
Finally, the assignor must fully cooperate with both Anago and the telephone company to ensure the assignment is successfully implemented. This ensures that Anago can maintain continuity of communication with clients and continue business operations without interruption.