For Bevaris Alliance, what is the clause number that refers to the 'Asset Purchase Notice'?

According to Bevaris Alliance's 2024 Franchise Disclosure Document, the Asset Purchase Notice is defined within the agreement. Specifically, the definition of 'Asset Purchase Notice' explicitly refers to clause 16.7. This means that any mention of the Asset Purchase Notice is directly tied to the conditions and stipulations outlined in clause 16.7 of the franchise agreement.

For a prospective Bevaris Alliance franchisee, this is an important detail because it clarifies where to find the relevant information regarding the franchisor's right to purchase the franchisee's business. Clause 16.7 likely contains critical details about the circumstances under which Bevaris Alliance can exercise this right, the procedures involved, and the terms of the purchase.

Therefore, any franchisee considering selling their Bevaris Alliance business needs to carefully review clause 16.7 to understand their obligations and the franchisor's rights. Knowing this clause number allows for quick and direct access to this information within the franchise agreement, ensuring that the franchisee is well-informed about the process and their rights in such a transaction.