What is the document date mentioned in the Big Air Trampoline Park excerpt?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
IN WITNESS WHEREOF the Companies have caused this instrument to be signed and their corporate seals to be hereto affixed, this 21st day of April, 2021
WITNESS our hands and seals this day | of April 2023 Principal: BIG AIR FRANCHISING, LLC
portion of the Franchise Agreement and/or the Multi-Unit Development Agreement dated the , 20, and of the Franchise Disclosure Document, but only to the extent they are then valid requirements of an applicable and enforceable state law, and for only so long as such state law remains in effect, and the parties further acknowledge and agree that this State-Specific Addendum is applicable only to those persons specifically subject to the protections of the state laws referenced in this State-Specific day of Addendum. California Michigan Rhode Island Hawaii Minnesota South Dakota Illinois New York Virginia Indiana North Dakota Washington Maryland Ohio Wisconsin DATED this day of, 20 BIG AIR FRANCHISING, LLC
DATED this day of, 20 BIG AIR FRANCHISING, LLC
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park FDD, several dates are associated with different documents and agreements. A surety bond document is dated April 21, 2021. Another surety bond document is dated April 2023. There are also references to unspecified dates in 20-- for the State-Specific Addendum and amendments to the multi-unit development agreement.
For a prospective franchisee, these dates are relevant for understanding the timelines and validity of the legal agreements and bonds that Big Air Trampoline Park has in place. The surety bond dates indicate when those financial protections were established, while the unspecified dates suggest areas where the FDD may need to be updated with more current information.
It is important for a potential Big Air Trampoline Park franchisee to confirm that all dates and agreements are current and applicable to their specific franchise location and situation. They should also seek clarification from the franchisor regarding any missing or incomplete dates in the FDD to ensure they have the most accurate and up-to-date information before making any investment decisions.