factual

Does the death or incapacity of any Anago Guarantor modify, amend, or terminate the Guaranty?

Anago Franchise · 2025 FDD

Answer from 2025 FDD Document

  • b. The death or incapacity of any GUARANTOR will not modify, amend or terminate this Guaranty;

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

What This Means (2025 FDD)

According to Anago's 2025 Franchise Disclosure Document, the death or incapacity of any guarantor does not modify, amend, or terminate the Guaranty. This means that the obligations of the Guarantor will continue even in the event of death or incapacity.

This provision ensures that Anago's financial interests are protected regardless of the personal circumstances of the guarantor. It is a standard practice in franchising to secure obligations with a guaranty, and this clause reinforces the continuing nature of that guaranty.

A prospective Anago franchisee should understand that the obligations under the Guaranty are not extinguished by death or incapacity. It is important to consider the implications of this clause and to seek legal advice to fully understand the extent of the obligations.

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.