How must a party waive an obligation imposed on the other party under the Bigfoot Forestry agreement?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
Neither party is obligated by any agreement or representation made by the other party unless expressly authorized by this Agreement.
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
Based on the 2025 Bigfoot Forestry Franchise Disclosure Document, neither party is obligated by any agreement or representation made by the other party unless expressly authorized by the franchise agreement. This means that any waiver of obligations must be explicitly stated within the agreement itself to be considered valid.
This provision protects both Bigfoot Forestry and the franchisee by ensuring that all agreements are documented and prevents either party from being held accountable for unauthorized representations or promises. It reinforces the importance of the written contract as the definitive source of obligations and rights.
For a prospective franchisee, this clause highlights the need to carefully review the entire franchise agreement and any related documents. Any promises or assurances made by Bigfoot Forestry representatives during the sales process should be verified to ensure they are included in the written agreement. If not, the franchisee cannot rely on them. This clause promotes transparency and reduces the risk of misunderstandings or disputes down the line, as it makes clear that only what is written in the agreement is binding.