Does the Angry Chickz franchise agreement have an article dedicated to basic terms and definitions?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
| ARTICLE 1 |
|---|
| BASIC TERMS AND CERTAIN DEFINITIONS |
| 1.1 |
| Basic Terms. |
| 1.1.1 |
| "Initial Fee" means $ |
| 1.1.2 |
| "Franchisee's Address for Notices" means: |
Source: Item 22 — CONTRACTS (FDD page 54)
What This Means (2025 FDD)
According to the 2025 Angry Chickz Franchise Disclosure Document, the franchise agreement does include an article dedicated to defining basic terms. Article 1 of the franchise agreement is titled "BASIC TERMS AND CERTAIN DEFINITIONS." This section includes definitions for terms used throughout the agreement to ensure clarity and avoid ambiguity.
Within Article 1, Section 1.1 is labeled "Basic Terms" and provides specific examples of terms that will be defined. These include "Initial Fee" which is left blank in the agreement, and "Franchisee's Address for Notices," which is also left blank.
Additionally, Section 1.2, titled "Certain Defined Terms," indicates that capitalized terms not explicitly defined within Article 1 will have the meanings set forth in Exhibit B of the franchise agreement. This layered approach to definitions ensures that franchisees have a clear understanding of all the key terms and conditions outlined in the Angry Chickz franchise agreement.