factual

What is the meaning of 'signature(s)' in the context of the Big Air Trampoline Park document?

Big_Air_Trampoline_Park Franchise · 2025 FDD

Answer from 2025 FDD Document

Personally appeared Kristin L. Salazar Name and of Numes and Williams and Williams and Williams and Williams and Williams and Williams and Williams and Williams and Williams and Williams and williams and williams and exhonwledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. Certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Witness my hand and official seal. S

Source: Item 22 — CONTRACTS (FDD page 53)

What This Means (2025 FDD)

According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, the term "signature(s)" refers to the act of signing a legal document, indicating that the person or entity whose name is on the signature line has formally executed the instrument. This action confirms that the person or entity is bound by the terms and conditions outlined in the document. In the context of legal documents, signatures are essential for validating agreements and ensuring their enforceability. The inclusion of the phrase "in his/her/their authorized capacity(ies)" suggests that the person signing has the legal authority to do so on behalf of themselves or the entity they represent. This is a standard practice in legal documentation to ensure that the agreement is properly authorized and legally binding. The phrase "the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument" clarifies that the signature legally binds either the individual signing or the organization they represent, depending on their capacity and the nature of the agreement. This ensures that all parties involved understand who is responsible for fulfilling the obligations outlined in the document.

Disclaimer: This information is extracted from the 2025 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.