What is the definition of 'Electronic Communications' related to Beverly Anns Cookie, as per the agreement?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
You specifically agree to receive and/or obtain any and all Eagle Financial Services, Inc. related "Electronic Communications" as defined below.
The term "Electronic Communications" includes, but is not limited to, any and all current and future notices and/or disclosures that various federal and/or state laws or regulations require that we provide to you, as well as such other documents, statements, data, records and any other communications including copies of these loan documents.
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, Electronic Communications are defined within the context of an agreement with Eagle Financial Services, Inc. These communications encompass any current and future notices and disclosures required by federal and state laws or regulations.
Specifically, the term includes documents, statements, data, records, and any other communications, including copies of loan documents, related to Eagle Financial Services, Inc. This indicates that Beverly Anns Cookie franchisees who engage with Eagle Financial Services, Inc. for financing or other services will receive important information and legal notifications electronically.
This consent to electronic delivery streamlines communication and ensures that franchisees receive timely updates and documentation. However, franchisees should ensure they have the necessary technology and internet access to receive and review these electronic communications. It is also important to understand the legal implications of agreeing to receive communications electronically, as it may affect how notices are served and how agreements are documented.