factual

Who benefits from the terms and conditions of the Beggars Pizza agreement?

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 the 2025 Beggars Pizza Franchise Disclosure Document, the terms and conditions of the agreement are binding upon the parties involved and extend to their respective heirs, estates, legal representatives, successors, and permitted assigns. This is a common clause in franchise agreements, ensuring that the obligations and benefits of the agreement continue even if the original parties undergo changes in status or ownership. This "enurement" clause ensures the agreement remains effective and enforceable.

Specifically, the agreement between the Franchisee and SpeedLine states that its terms and conditions "shall enure to the benefit of and be binding upon the parties hereto and their respective heirs, estates, legal representatives, successors and permitted assigns." This means that if the franchisee were to pass away, their estate would be bound by the agreement. Similarly, if SpeedLine were to be acquired by another company, that successor company would also be bound by the agreement.

This clause provides clarity and legal certainty for all parties involved, ensuring that the agreement remains valid and enforceable regardless of changes in the parties' circumstances. It protects the interests of both Beggars Pizza and its franchisees by maintaining the integrity of the contractual relationship over time.

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.