For Beem Light Sauna, who are this agreement's miscellaneous terms binding upon?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
THIS AGREEMENT (this "Agreement") is made and entered into as of the date set forth on Appendix A of this Agreement (the "Effective Date") (Appendix A and all appendices and schedules attached to this Agreement are hereby incorporated by this reference) between Beem Franchisor LLC, a Delaware limited liability company with its principal place of business at 4000 MacArthur Blvd., Suite 800, Newport Beach, California 92660 ("Franchisor"), and the person or entity identified in Appendix A as the franchisee ("Franchisee") with its principal place of business as set forth in Appendix A. In this Agreement, "we," "us," and "our" refers to Franchisor. "You" and "your" refers to Franchisee.
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the Beem Light Sauna Franchise Agreement is made between Beem Franchisor LLC, referred to as "Franchisor," and the franchisee, identified as "Franchisee" in Appendix A. The terms "we," "us," and "our" refer to the Franchisor, while "you" and "your" refer to the Franchisee within the context of the agreement. This agreement encompasses Appendix A and all attached appendices and schedules, which are incorporated by reference.
This definition clarifies the parties bound by the agreement, setting the stage for understanding their respective rights, obligations, and responsibilities. For a prospective franchisee, this means that all clauses within the agreement, including those in the appendices, are legally binding on both Beem Light Sauna as the franchisor and the individual or entity entering into the agreement as the franchisee.
Understanding these definitions is crucial for interpreting the entire document and ensuring compliance with its terms. Franchisees should pay close attention to Appendix A, which contains franchisee-specific terms, to fully grasp their individual obligations and the franchisor's commitments.