What costs are included in the enforcement of the Bombs Away Guaranty?

According to Bombs Away's 2024 Franchise Disclosure Document, the guarantor is responsible for covering all costs incurred by Bombs Away in enforcing the Guaranty, including reasonable attorney fees. This means that if Bombs Away has to take legal action to enforce the Guaranty, the guarantor will be responsible for paying Bombs Away's legal expenses.

The Guaranty and Non-Compete Agreement is executed by the person(s) in favor of Bombs Away Franchising, LLC. The guarantor unconditionally guarantees that the franchisee shall pay and perform every undertaking, agreement and covenant set forth in the Franchise Agreement and further guarantees every other liability and obligation of franchisee to Bombs Away Franchising, whether or not contained in the Franchise Agreement.

This could include costs associated with filing a lawsuit, court fees, expert witness fees, and the attorney's time spent on the case. This provision aims to protect Bombs Away from incurring financial losses when enforcing the Guaranty and ensures that the guarantor bears the financial responsibility for any breaches of the Franchise Agreement by the franchisee.