In the Anago Security Agreement, what information is provided regarding the Debtor's location?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS SECURITY AGREEMENT is entered into, on this date, |
|---|
| by and between Corp. Name located |
| at address |
| (Debtor), and Anago Franchising, Inc. (Secured |
| Party). |
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the security agreement includes the Debtor's corporation name and address. This information is used to identify the Debtor in the security agreement. The security agreement is between the corporation name and address (Debtor) and Anago Franchising, Inc. (Secured Party).
This information is important because it clearly identifies the parties involved in the security agreement. This ensures that there is no confusion about who is granting the security interest and who is receiving it. The Debtor's location is important for legal and administrative purposes, such as sending notices or enforcing the agreement.
Prospective Anago franchisees should ensure that all information is accurate and up-to-date before signing the security agreement. Any discrepancies or errors could lead to legal complications in the future.