factual
What is the definition of 'Term' in the Bevaris Alliance franchise agreement?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
Trademarks: the trademarks and service marks set out in Schedule 1 and any other trademarks registered by the Franchisor in relation to the Branded Business from time to time during the Term.
Transfer Fee. 50% of the then current initial franchise fee.
Trade Name: the name Bevaris Alliance, under which the Branded Business is carried on.
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
I am unable to provide a definition for the term "Term" as it pertains to the Bevaris Alliance franchise agreement, according to the 2024 Franchise Disclosure Document. While the document includes definitions for various terms such as "Trademarks", "Transfer Fee", and "Trade Name", the definition of "Term" is not explicitly provided in the excerpts.
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.