Does the B Bops Application Agreement specify who is responsible for legal fees associated with the agreement?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Upon termination of this Agreement for any reason whatsoever by either party hereto, or upon Company's determination not to grant the Rights to Applicant, the rights of Applicant shall be limited solely to the return of the Deposit, or a portion thereof, as provided in Section 7 hereof. Applicant hereby waives any and all rights to any damages and/or reimbursement from Company or any affiliate, director, officer, employee or agent thereof for expenses or costs incurred by Applicant in investigating the feasibility of purchasing the Rights. Applicant hereby acknowledges that any such costs or expenses are the sole obligation and responsibility of Applicant and that Company and its affiliates, directors, officers, employees and agents shall have no liability whatsoever with respect to such costs or expenses.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
Based on the 2025 B Bops Franchise Disclosure Document, the Application Agreement does not explicitly state who is responsible for legal fees associated with the agreement. However, the document does state that the applicant is responsible for expenses incurred while investigating the feasibility of purchasing the rights.
Specifically, the B Bops FDD states that the applicant waives any rights to reimbursement from B Bops for expenses or costs incurred while investigating the feasibility of purchasing the rights. It explicitly acknowledges that these costs and expenses are the sole obligation and responsibility of the applicant. B Bops and its affiliates have no liability regarding these costs or expenses.
While the FDD does not directly address legal fees, prospective franchisees should clarify with B Bops whether this clause extends to cover legal fees associated with reviewing the Application Agreement. Understanding this allocation of responsibility is crucial for budgeting and assessing the overall investment required to become a B Bops franchisee.