What is the significance of the phrase 'executed the instrument' in the Big Air Trampoline Park document?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer 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. Signature Accept Public Septimbre OPTIONAL Though the information below is not required by law, it may prove valuable to the persons relying on the document and could prevent traudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document Document Date Number of Pages: Individual Corporate Officer — Title(s): Page 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan | State of | } | ||||
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| Manage and Title of Notices Manage and Title of Notices Manage and Title of Notices | County o | Arapanoe | ||||
| Who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that hershelfhey executed the same in his/her/their authorized capacity(les), 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. STATE OF COLORADO NOTARY ID 20134000012 | On | May 5, 2022 | F7251 | _ before me, _ | , Notary Public | |
| Name and or Names of Biguerity | Dete | Kristin I. Salazar | Hame and Title of Notary | |||
| Who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged 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. Mary E. Hanks NOTARY PUBLIC STATE OF COLORADO NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 10 2013-000312 NOTARY 1 |
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, the phrase 'executed the instrument' signifies the formal act of signing a legal document, indicating that the parties involved have officially entered into the agreement. This phrase appears in the context of acknowledging that an individual or entity has signed the document in their authorized capacity, thereby binding them to the terms and conditions outlined within. A notary public often verifies this act, certifying that the signature is genuine and that the person signing is authorized to do so. This process adds a layer of legal validity to the document, making it enforceable under the laws of the relevant jurisdiction.
For a prospective Big Air Trampoline Park franchisee, understanding the significance of 'executed the instrument' is crucial. It highlights the importance of carefully reviewing all documents before signing, as the act of execution legally binds the franchisee to the obligations and responsibilities detailed within the franchise agreement. This includes adherence to operational standards, payment schedules, and other contractual terms. The franchisee should ensure they fully comprehend the implications of each clause before signing, as 'executing the instrument' marks the point at which they become legally accountable.
Furthermore, the presence of a notary acknowledgment underscores the seriousness of the commitment. The notary's role is to verify the identity of the signatory and witness the signing, providing assurance that the document was executed knowingly and willingly. This process helps prevent future disputes over the validity of the agreement. Therefore, a prospective Big Air Trampoline Park franchisee should view the execution of any document, particularly the franchise agreement, as a significant legal event requiring careful consideration and, if necessary, consultation with legal counsel.