Under what conditions does the conditional agreement for telephone number assignment in the Anago Subfranchise Rights Agreement become effective?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
-
- 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.
-
- 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, the conditional agreement for telephone number assignment becomes effective automatically upon the termination or expiration of the Anago Subfranchise Rights Agreement (SRA). This agreement ensures that Anago can maintain continuity and brand recognition by controlling the telephone numbers associated with the subfranchise business after the subfranchise agreement ends.
Upon termination or expiration of the SRA, the subfranchisor is obligated to take all necessary actions to ensure the assignment of telephone numbers to Anago, as if Anago were the original holder of those numbers and listings. This includes cooperating with Anago and the telephone company to effectuate the assignment.
Furthermore, the subfranchisor is responsible for paying all outstanding amounts owed to telephone and listing companies, including Yellow Pages advertising, up to the effective date of the assignment. The subfranchisor also agrees to indemnify Anago for any costs Anago incurs to complete the assignment. This arrangement protects Anago's interests by ensuring a smooth transition of telephone numbers and minimizing potential disruptions to the business.