Can the Guarantor revoke the Angry Chickz Continuing Guaranty at any time?

According to the 2025 Angry Chickz Franchise Disclosure Document, the Guarantor waives all rights to revoke the Continuing Guaranty at any time. This means that once the Continuing Guaranty is signed, the Guarantor cannot unilaterally cancel or terminate their obligations under it. This waiver also extends to any agreement executed by the Guarantor to secure their obligations under the Continuing Guaranty, meaning those agreements cannot be revoked either.

This provision is significant for prospective Angry Chickz franchisees because it ensures that the franchisor has a stable and reliable guarantee for the franchisee's obligations. The inability to revoke the guaranty provides Angry Chickz with long-term security, knowing that the guarantor remains responsible for the franchisee's debts and performance throughout the term of the agreement. This can be a crucial factor in Angry Chickz's decision to grant a franchise.

For the guarantor, this is a serious commitment. Before signing the Continuing Guaranty, potential guarantors should fully understand the obligations they are undertaking and the financial risks involved. They should also seek legal counsel to fully understand the implications of waiving their right to revoke the guaranty, as this waiver is legally binding and enforceable.