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What do the abbreviations 'FA', 'CSS', and 'CBS' refer to in the context of the Auntie Annes Franchise Agreement?

Auntie_Annes Franchise · 2024 FDD

Answer from 2024 FDD Document

In this table, "FA" refers to the applicable section of the Franchise Agreement, "CSS" refers to the applicable section of Concession Shop Schedule, and "CBS" refers to the applicable section of the Co-Branded Shop Schedule.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTIONS (FDD pages 86–91)

What This Means (2024 FDD)

According to Auntie Annes's 2024 Franchise Disclosure Document, the abbreviations FA, CSS, and CBS refer to specific sections within the franchise agreement and related schedules. Specifically, 'FA' refers to the applicable section of the Franchise Agreement itself. 'CSS' refers to the applicable section of the Concession Shop Schedule, while 'CBS' refers to the applicable section of the Co-Branded Shop Schedule.

For a prospective Auntie Annes franchisee, understanding these abbreviations is crucial for navigating the legal documents that govern the franchise relationship. The Franchise Agreement contains the core terms and conditions, while the Concession Shop Schedule and Co-Branded Shop Schedule outline terms specific to those types of locations. Knowing where to find information within these documents can help franchisees understand their rights and obligations.

It is important for franchisees to consult these specific sections when questions arise about their franchise agreement. For instance, if a franchisee is considering transferring their franchise, they would want to refer to the section of the Franchise Agreement indicated by 'FA' in the table outlining transfer conditions. Similarly, those operating a Concession Shop or Co-Branded Shop should pay close attention to the sections referenced by 'CSS' and 'CBS', respectively, as these may contain provisions that differ from the standard Franchise Agreement.

By providing these abbreviations, Auntie Annes aims to make it easier for franchisees to locate relevant information within the extensive legal documentation. However, franchisees should always consult with legal counsel to fully understand the implications of these documents and how they apply to their specific circumstances.

Disclaimer: This information is extracted from the 2024 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.