Can Angry Chickz require that it be a third-party beneficiary of agreements between the developer and Restricted Persons?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
- **8.
Third Party Beneficiary.** ANGRY CHICKZ and its parent, affiliates and subsidiaries shall be third party beneficiaries under this Release.
Source: Item 23 — RECEIPTS (FDD pages 54–260)
What This Means (2025 FDD)
According to the 2025 Angry Chickz Franchise Disclosure Document, Angry Chickz can be a third-party beneficiary in specific agreements. Specifically, Angry Chickz and its parent, affiliates, and subsidiaries can be third-party beneficiaries under the Release agreement.
This means that Angry Chickz has rights and benefits under this Release agreement, even though they are not a direct party to it. This allows Angry Chickz to enforce the terms of the Release and protect its interests. The Release agreement covers various aspects, including waivers of claims and covenants not to sue, which directly impact Angry Chickz's legal standing and protection.
For a prospective franchisee, this clause implies that any release signed with Angry Chickz will also benefit its parent company, affiliates, and subsidiaries. This ensures that all related entities are protected under the agreement. Franchisees should carefully review the terms of the Release to understand the full scope of their obligations and the rights of Angry Chickz and its related entities.