factual

Is confirmation of signing by telex, telecopy, or telefax of a facsimile signature page binding upon any party to the confirmation for the Anago Unit Franchise Agreement?

Anago Franchise · 2025 FDD

Answer from 2025 FDD Document

This Agreement may be signed in counterparts, each is deemed an original, but all together are the same instrument. Confirmation of signing by telex, telecopy, or telefax of a facsimile signature page is binding upon any party to the confirmation.

Source: Item 23 — RECEIPTS (FDD pages 62–298)

What This Means (2025 FDD)

According to Anago's 2025 Franchise Disclosure Document, confirmation of signing the Anago Unit Franchise Agreement by telex, telecopy, or telefax of a facsimile signature page is binding upon any party to the confirmation. This means that once a signature page is transmitted via these methods and its receipt is confirmed, all parties involved are legally obligated by the terms of the agreement.

This provision ensures that the agreement can be quickly and efficiently finalized, even if the parties are not physically present in the same location. By accepting these methods of confirmation, Anago aims to streamline the signing process. However, franchisees should ensure that they fully understand the agreement before signing and transmitting their signature page, as they will be bound by it upon confirmation.

It is important for prospective Anago franchisees to note that while these electronic methods of confirmation are binding, the agreement itself is not effective or enforceable against Anago until it is accepted at their home office and signed by one of their authorized representatives. Franchisees are advised not to incur any expenses for opening their Anago Unit Franchise until they have received a final signed copy of the agreement from Anago's home office.

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.