In the Auntie Annes FDD, what entities are referred to by the terms 'we', 'us', or 'our'?

According to Auntie Annes's 2024 Franchise Disclosure Document, the terms "we", "us", or "our" refer to Auntie Anne's Franchisor SPV LLC, the franchisor. This definition is provided to simplify the language used throughout the document. The terms "you" or "your" refer to the person or entity who buys the franchise, including all equity owners of a corporation, general partnership, limited partnership, limited liability company, or any other type of entity.

This clarification is important for prospective franchisees as it establishes who is being referred to when these pronouns are used throughout the FDD and franchise agreement. Understanding this definition helps to avoid confusion and ensures that franchisees are clear about Auntie Annes's responsibilities and obligations as the franchisor. For example, when the document states "we lease carts and equipment," it means that Auntie Anne's Franchisor SPV LLC is responsible for leasing these items to franchisees participating in the Satellite Retail Unit program.

Furthermore, the FDD specifies that the words "includes" and "including" mean "includes, but is not limited to" and "including, but is not limited to," indicating that any examples provided are not exhaustive. If the franchisee is an entity, each individual with direct or indirect ownership interest is referred to as an "Owner."