What is the date referenced in the Beem Light Sauna lease rider for the Franchise Agreement?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
| and | ("Franchisee"), |
|---|---|
| between | |
| Beem | |
| Franchisor | |
| LLC | |
| ("Company"), | |
| ("Landlord"). | |
| WHEREAS, Company and Franchisee are parties to a Franchise Agreement dated | |
| (the "Franchise Agreement"); and |
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
According to the 2025 Beem Light Sauna Franchise Disclosure Document, the lease rider references the date of the Franchise Agreement in its introductory paragraphs. Specifically, the lease rider states, "WHEREAS, Company and Franchisee are parties to a Franchise Agreement dated." However, the document does not provide a specific date, only indicating that a date would be present in the actual agreement.
This means that the lease rider is designed to be used in conjunction with a specific Franchise Agreement, and the date will be filled in to reflect the agreement to which it applies. This ensures that all parties (Beem Light Sauna, the franchisee, and the landlord) are clear about which Franchise Agreement the lease rider is associated with.
Prospective Beem Light Sauna franchisees should ensure that the date on the lease rider accurately reflects the date of their Franchise Agreement before signing. This detail is important for legal and contractual clarity, as it ties the lease obligations directly to the franchise rights and responsibilities.