factual

What is the 'Subfranchise Agreement' referenced in the Anago NBDS License Agreement?

Anago Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (a) General. This Agreement is being entered into pursuant to Subsection 2.3(b) of that certain Anago Subfranchise Rights Agreement between the Franchisor and the Subfranchisor, dated of even date herewith (the "Subfranchise Agreement").

All capitalized terms used in this Agreement have the same definitions as set forth in the Subfranchise Rights Agreement, unless otherwise expressly defined in this Agreement.

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

What This Means (2025 FDD)

According to Anago's 2025 Franchise Disclosure Document, the NBDS License Agreement is connected to a specific Anago Subfranchise Rights Agreement. The NBDS License Agreement is entered into under Subsection 2.3(b) of the Anago Subfranchise Rights Agreement between Anago and the subfranchisor, dated of even date with the NBDS License Agreement. This Anago Subfranchise Rights Agreement is referred to as the "Subfranchise Agreement."

All capitalized terms used in the NBDS License Agreement have the same definitions as those outlined in the Subfranchise Rights Agreement, unless the NBDS License Agreement explicitly defines them differently. This indicates that the Subfranchise Rights Agreement is the primary document defining the relationship and key terms between Anago and the subfranchisor.

This agreement grants the subfranchisor access to software programs like IGAS and AnagoCloud, along with related materials, for use in their subfranchise business during the term of the agreement, provided the Subfranchise Rights Agreement remains in effect. The license can be terminated earlier if specified within the NBDS License Agreement itself. The Anago Manuals, which contain standards for operating and managing a Unit Franchise and advertising and marketing of the Unit Franchises, are defined in the Subfranchise Agreement.

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.