Where should the Landlord send notices of default or termination to Bonchon?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
Simultaneous with giving notice to Tenant of any default or termination, the Landlord will furnish to Franchisor written notice specifying such default or termination.
In the event of default, such notice shall outline the method of curing such default; allow Franchisor 30 days after receipt of the notice to cure the defaults (except that (i) if the default is the non-payment of rent, Franchisor will have only fifteen days from receipt of notice to cure the default, and (ii) if the default is of such a nature that it cannot, with the exercise of reasonable diligence, be cured within 30 days, the time for cure shall be extended to be the same as that set forth in the Lease); and, allow Franchisor to exercise Franchisor's option for Franchisor or another franchisee, licensee, joint venture partner or other designee of Franchisor to succeed to Tenant's interest in the Lease under the same conditions as set forth in par. '1', above.
Such notices to Franchisor will be sent to 15660 N. Dallas Parkway, Suite 1150, Dallas, Texas 75248, Attn: Legal Department, or to such other address provided to Landlord in writing.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, if a landlord needs to send a notice of default or termination, they must also furnish Bonchon with a written notice specifying the default or termination.
The notice to Bonchon should outline the method for curing the default. Bonchon is allowed 30 days after receiving the notice to cure the defaults. However, if the default is due to non-payment of rent, Bonchon only has 15 days from receipt of notice to cure it. If the default cannot be cured within 30 days with reasonable diligence, the cure period will be extended to match the period set forth in the lease.
These notices to Bonchon should be sent to 15660 N. Dallas Parkway, Suite 1150, Dallas, Texas 75248, Attn: Legal Department, or to any other address Bonchon provides to the landlord in writing.