Does the Bananas Smoothies Frozen Yogurt Sublessee acknowledge receipt of a copy of the Lease?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
| State of Formation: |
|---|
| Address: |
| Sublessee ("Sublessee"): |
| State of Formation: |
| Address: |
| Sublease Date ("Sublease Date"): |
| Lease ("Lease"): |
| Dated: |
| Tenant ("Tenant"): |
| Landlord ("Landlord"): |
| Premises ("Demised Premises"): as described in the Lease. |
| Guarantor: |
| This Sublease Agreement is made this day of, 20, by and between |
| Everything Yogurt Brands, LLC, a Delaware limited liability company, having an address at 25 |
| Washington Street, Morristown, New Jersey 07960 ("Sublessor") and, having an address |
| at, ("Sublessee"). |
| WHEREAS, Sublessor is the Tenant under the Lease, the terms and provisions of which are |
| incorporated as if fully set out herein; and |
| WHEREAS, Sublessee acknowledges and agrees that they are in receipt of a copy of the Lease |
| and |
Source: Item 23 — RECEIPT (FDD pages 58–231)
What This Means (2025 FDD)
According to the 2025 Bananas Smoothies Frozen Yogurt Franchise Disclosure Document, the Sublessee acknowledges and agrees that they are in receipt of a copy of the Lease. This acknowledgment is part of the standard Sublease Agreement, which outlines the relationship between the Sublessor (Everything Yogurt Brands, LLC) and the Sublessee.
This clause is significant because it confirms that the Sublessee has been provided with and is aware of the terms of the original Lease. By acknowledging receipt, the Sublessee is indicating they understand the obligations and conditions set forth in the Lease, which are incorporated into their Sublease Agreement. This helps to avoid potential disputes or misunderstandings regarding the terms of the Lease.
Furthermore, the Sublease Agreement specifies that the terms and provisions of the Lease are incorporated as if fully set out in the agreement. This means that the Sublessee is bound by the terms of the original Lease in addition to the terms of the Sublease. The document also states that the Sublessee will pay all rents and other charges directly to the Landlord, pursuant to the terms and conditions of the Lease, reinforcing the importance of understanding the original Lease agreement.