What is the section number in the Batteries Plus Bulbs Franchise Agreement that covers 'Notices'?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
to either party, except that notice to notice to Guarantors will be sent to the address designated in Section 21 of the Agreement. The provisions of Sections 17 and 18 of the Agreement will apply as to any interpretation or enforcement of this Guaranty, and the provisions of Section 21 of the Agreement will apply to any notice Guarantors will be provided as follows: If no address is provided, any Each of the undersigned has signed this Guaranty as of the same day and year as the Agreement was executed.
Source: Item 22 — Contracts (FDD page 80)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, Section 21 of the Franchise Agreement pertains to notices provided to Guarantors. Specifically, any notices intended for the Guarantors will be sent to the address designated within Section 21 of the agreement. This indicates that Section 21 contains the relevant details regarding how and where official notices should be delivered to the Guarantors under the franchise agreement.
This is a standard practice in franchising, ensuring that all parties involved, including guarantors, are properly informed of any important communications related to the franchise. Franchise agreements typically outline the specific methods and addresses for delivering notices to ensure clarity and legal compliance.
Prospective franchisees should carefully review Section 21 to understand the exact requirements for sending and receiving notices, as non-compliance with these provisions could have legal implications. It is important to confirm that the designated address for receiving notices is accurate and up-to-date to avoid any potential issues during the term of the franchise agreement.