factual

Who benefits from and is bound by the terms and conditions of the Speedline agreement related to Beggars Pizza?

Beggars_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

ENUREMENT: The terms and conditions of this Agreement shall enure to the benefit of and be binding upon the parties hereto and their respective heirs, estates, legal representatives, successors and permitted assigns.

Source: Item 23 — RECEIPT (FDD pages 39–192)

What This Means (2025 FDD)

According to Beggars Pizza's 2025 Franchise Disclosure Document, the terms and conditions of the SpeedLine agreement are binding upon and benefit the parties involved and their respective heirs, estates, legal representatives, successors, and permitted assigns. This is specified under the 'Enurement' clause of the agreement. The agreement is made between SpeedLine Solutions Inc. and the Customer, defined as the person, firm, corporation, or other entity described in the agreement.

For a prospective Beggars Pizza franchisee, this means that the rights and obligations outlined in the SpeedLine agreement extend not only to the franchisee (as the Customer) and SpeedLine, but also to their respective legal successors. This ensures continuity and clarity regarding the agreement's terms even if there are changes in ownership or legal status of either party.

This clause is a standard legal provision designed to ensure that the agreement remains effective and enforceable regardless of changes in the parties involved. It protects the interests of both Beggars Pizza franchisees and SpeedLine by clarifying that the agreement's obligations and benefits transfer to their respective successors and assigns.

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.