What is the definition of 'Affiliate' in the Body20 franchise agreement?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
We and our Affiliates (as defined in Recital D) have accumulated knowledge and experience in the personal fitness industry on the basis of which we have developed and will continue to develop a distinctive business format and set of specifications and operating procedures (collectively, the "System") for the operation of fitness training studios that operate under the BODY20® mark ("Studios").
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to the 2025 Body20 Franchise Disclosure Document, the term 'Affiliate' is referenced within the context of the franchise agreement. Specifically, Recital A mentions that Body20 and its Affiliates have accumulated knowledge and experience in the personal fitness industry, which they use to develop a distinctive business format for Body20 studios.
However, the document does not provide a specific, stand-alone definition of 'Affiliate.' Instead, it indicates that the definition is contained within Recital D of the franchise agreement.
Prospective Body20 franchisees should carefully review the full franchise agreement, specifically Recital D, to understand the complete definition of 'Affiliate' and how it applies to their rights and obligations. Understanding the scope of 'Affiliate' is crucial, as it may relate to various aspects of the franchise relationship, including guarantees, competitive restrictions, and other contractual obligations.