Is any individual authorized to change any provision of the Beverly Anns Cookie equipment loan?

According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, no individual has the authority to alter any aspect of the equipment loan agreement. This stipulation is in place to ensure the loan's terms remain consistent and legally enforceable, protecting both the lender and the franchisee.

This provision means that franchisees cannot rely on verbal promises or agreements from individual representatives of Beverly Anns Cookie or the lender that contradict the written loan agreement. Any changes to the loan terms must be documented in a formal, written amendment to the loan agreement. This protects the franchisee from potential misunderstandings or misrepresentations.

This type of clause is standard in franchising and lending to prevent unauthorized modifications that could undermine the contract's integrity. Prospective Beverly Anns Cookie franchisees should carefully review the entire loan agreement and seek legal counsel to fully understand their obligations and rights under the loan.