According to the Bevaris Alliance agreement, what do references to paragraphs refer to?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
- 1.14 References to clauses and Schedules are to the clauses and Schedules of this agreement; references to paragraphs are to paragraphs of the relevant Schedule.
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to the 2024 Bevaris Alliance Franchise Disclosure Document, references to paragraphs within the franchise agreement pertain to paragraphs within the relevant schedule of the agreement. Specifically, clause 1.14 states that references to clauses and schedules refer to those within the agreement, while references to paragraphs refer to paragraphs within the relevant schedule.
This means that when reviewing the Bevaris Alliance franchise agreement, franchisees should understand that any mention of a 'paragraph' is directing them to a specific section within one of the schedules attached to the main agreement. Schedules are additional documents that provide further details and specifications related to the agreement's terms.
For a prospective Bevaris Alliance franchisee, this clarification is crucial for accurately interpreting the franchise agreement. It ensures that when the agreement refers to a specific paragraph, the franchisee knows to look within the schedules rather than the main body of the agreement itself. This distinction helps in navigating the legal document and understanding the obligations and rights outlined within it.