factual

In the Atwell Suites license agreement, what specific provisions are included in the express consent and irrevocable confirmation that the Licensee must obtain from its Affiliates and related parties?

Atwell_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

Licensee represents and warrants that it has secured from each of its Affiliates and the owners, members, partners, officers, directors or managers of Licensee and its Affiliates who do not execute this License, his/her/its express consent and irrevocable confirmation of the provisions under this License, including, without limitation, this paragraph 13.B.

Source: Item 23 — Receipts (FDD pages 99–486)

What This Means (2025 FDD)

According to the 2025 Atwell Suites Franchise Disclosure Document, the licensee must secure express consent and irrevocable confirmation from its affiliates, owners, members, partners, officers, directors, or managers who do not execute the license. This consent and confirmation must specifically address the provisions outlined in paragraph 13.B of the license agreement.

Paragraph 13.B likely contains important obligations or restrictions that Atwell Suites wants to ensure are acknowledged and agreed to by all relevant parties associated with the licensee. By requiring this express consent and irrevocable confirmation, Atwell Suites aims to prevent future disputes or claims that these related parties were unaware of or did not agree to the terms of the license agreement.

This requirement ensures that all individuals and entities with a significant interest in the Atwell Suites franchise are bound by the terms of the license, even if they are not direct signatories. This measure protects Atwell Suites' interests by preventing affiliates from later claiming they were not subject to the agreement's provisions. Prospective franchisees should carefully review paragraph 13.B to understand the specific provisions to which their affiliates must consent.

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.