factual

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

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' fee provisions outlined in Article 23 and Section 24.6 of the Franchise Agreement are incorporated into and govern the Guaranty. This means that any legal disputes or interpretations related to the Guaranty will be subject to the same legal framework as the Franchise Agreement itself, providing consistency in how these aspects are handled.

For a prospective Bambu franchisee, this incorporation is significant because it ensures that the guarantor (often a principal of the franchisee entity) is subject to the same dispute resolution processes and legal standards as the franchisee. This includes the selection of governing law, the venue for legal proceedings, and the conditions under which injunctive relief can be sought. It also covers how attorneys' fees are handled in the event of a legal dispute.

This alignment simplifies legal proceedings and ensures that all parties involved—Bambu, the franchisee, and the guarantor—operate under the same legal rules. Franchisees should carefully review Article 23 and Section 24.6 of the Franchise Agreement to fully understand their implications, as these provisions will directly affect the guarantor's obligations and rights. Understanding these provisions is crucial for assessing the full scope of legal and financial responsibilities associated with the franchise agreement and the related guaranty.

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.