factual

What is the definition of 'Services Terms' in the Stripe Services Agreement for Bonchon?

Bonchon Franchise · 2025 FDD

Answer from 2025 FDD Document

"Services Terms" means terms in this Agreement that apply to particular Stripe services (e.g., Stripe Payments Terms).

Source: Item 23 — RECEIPTS (FDD pages 92–536)

What This Means (2025 FDD)

According to Bonchon's 2025 Franchise Disclosure Document, the 'Services Terms' within the Stripe Services Agreement are defined as the specific terms within the agreement that apply to particular Stripe services. For example, Stripe Payments Terms would be considered 'Services Terms'.

In essence, these 'Services Terms' provide the detailed rules and guidelines that govern the use of specific services offered by Stripe. Bonchon franchisees should understand that these terms are not general but are tailored to the individual Stripe service being utilized.

It's important for Bonchon franchisees to review these 'Services Terms' carefully, as they take precedence over the general terms of the agreement in case of any conflict. This means that when using a specific Stripe service, the franchisee must adhere to the specific terms outlined for that service, even if they differ from the general provisions of the overall agreement.

Disclaimer: This information is extracted from the 2025 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.