factual

Which articles and sections of the Bambu Franchise Agreement govern the Guaranty regarding governing law, venue, jurisdiction, injunctive relief, limitations on remedies, and attorneys' fees?

Bambu Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. The governing law, venue, jurisdiction, injunctive relief, limitations on remedies and attorneys' fee provisions contained in Article 23 and Section 24.6 of the Agreement shall govern this Guaranty and such provisions are incorporated into this Guaranty by this reference.

Source: Item 23 — Receipts (FDD pages 52–209)

What This Means (2025 FDD)

According to Bambu's 2025 Franchise Disclosure Document, the Guaranty is governed by specific articles and sections of the Franchise Agreement. Specifically, the governing law, venue, jurisdiction, injunctive relief, limitations on remedies, and attorneys' fees provisions are detailed in Article 23 and Section 24.6 of the Franchise Agreement. These provisions are incorporated into the Guaranty by reference, meaning that anyone signing a guaranty for a Bambu franchise must adhere to these terms.

For a prospective Bambu franchisee, this means that the guarantor's obligations are tied to the legal and procedural terms outlined in Article 23 and Section 24.6 of the Franchise Agreement. These sections dictate where legal disputes will be heard (venue), which laws govern the agreement (governing law, which is Colorado), and under what circumstances Bambu can seek injunctive relief. It also covers how attorneys' fees will be handled in case of a dispute.

It is important for a guarantor to understand these incorporated provisions, as they define the legal landscape in which the guaranty will be enforced. The guarantor is waiving certain rights and agreeing to be bound by specific legal procedures and remedies. This includes the possibility of having to pay attorneys' fees if they do not prevail in a dispute. Prospective franchisees and their guarantors should carefully review Article 23 and Section 24.6 of the Franchise Agreement to fully understand their implications.

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.