factual

What is the name of the corporation that Benihana National Corp. is?

Benihana Franchise · 2024 FDD

Answer from 2024 FDD Document

This Conditional Assignment of Telephone Numbers is incorporated and made a part of a Franchise Agreement between

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION LIST OF OUTLETS (FDD pages 67–72)

What This Means (2024 FDD)

According to Benihana's 2024 Franchise Disclosure Document, Benihana National Corp. is a Delaware corporation. The document specifies this detail within the context of a Conditional Assignment of Telephone Numbers agreement. This agreement is part of the franchise agreement between an assignor and Benihana National Corp. (BNC). The principal office address for Benihana National Corp. is listed as 21500 Biscayne Boulevard, Suite 900, Aventura, Florida 33180.

This information is relevant to potential Benihana franchisees as it establishes the legal structure and domicile of the franchising entity. Knowing that Benihana National Corp. is a Delaware corporation may be important for legal and business considerations, as Delaware has specific corporate laws and a well-established court system for corporate matters. Franchisees might want to understand the implications of dealing with a corporation formed in Delaware, especially concerning dispute resolution or legal proceedings.

The agreement outlines the conditional assignment of telephone numbers from the franchisee (Assignor) to Benihana National Corp. (BNC). This assignment becomes effective upon the termination or expiration of the franchise agreement. This clause ensures that Benihana retains control over the telephone numbers and listings associated with the Benihana restaurant location, which is crucial for maintaining brand consistency and customer access.

Furthermore, the franchisee is responsible for paying all amounts owed for the use of franchisee listings, including Yellow Pages advertising, up to the effective date of the assignment. The franchisee also agrees to indemnify Benihana for any sums Benihana must pay to effectuate the assignment. This protects Benihana from financial liabilities related to the transfer of telephone numbers and listings. The franchisee must cooperate with listing companies and Benihana to ensure a smooth transition of these assets upon termination or expiration of the franchise agreement.

Disclaimer: This information is extracted from the 2024 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.