factual

Under what conditions am I required to indemnify and defend Bombs Away?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

Type of Fee Amount Due Date Remarks
Our costs and losses You must indemnify and defend (with
from any legal counsel reasonably acceptable to us) us
action related to the and our affiliates against all losses in any
operation of your action by or against us related to, or
franchise alleged to arise out of, the operation of
your franchise (unless caused by our
misconduct or negligence).

Source: Item 6 — OTHER FEES (FDD pages 9–13)

What This Means (2024 FDD)

According to Bombs Away's 2024 Franchise Disclosure Document, franchisees are required to indemnify and defend Bombs Away and its affiliates against losses from legal actions related to the operation of their franchise. This means that if a legal action is brought against Bombs Away due to something that happened at your franchise, you will be responsible for covering Bombs Away's costs and losses, including legal fees.

Specifically, the franchisee must defend Bombs Away with counsel reasonably acceptable to Bombs Away. This obligation extends to any action by or against Bombs Away that is related to, or alleged to arise out of, the operation of the franchise.

However, there is an exception: franchisees are not required to indemnify Bombs Away if the legal action is caused by Bombs Away's misconduct or negligence. This means that if the issue stems from Bombs Away's own actions or failures, the franchisee is not responsible for covering Bombs Away's losses. This type of clause is common in franchise agreements, shifting the responsibility for operational liabilities to the franchisee while protecting the franchisor from liabilities they directly cause.

Disclaimer: This information is extracted from the 2024 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.