In the Bor Restoration Disclosure Document, what does the term 'we' refer to?

According to Bor Restoration's 2024 Franchise Disclosure Document, the terms 'we,' 'us,' or similar pronouns refer to BOR Franchising, LLC, the franchisor. The document clarifies this definition to ensure clarity and avoid ambiguity in the terms and conditions outlined within the FDD and the Franchise Agreement. This is a standard practice in franchise disclosure documents to clearly identify the parties involved in the franchise relationship.

For a prospective Bor Restoration franchisee, understanding this definition is crucial for interpreting the obligations and responsibilities outlined in the FDD and the Franchise Agreement. Whenever 'we,' 'us,' or similar pronouns are used, it refers specifically to BOR Franchising, LLC, the entity granting the franchise. This distinction is important for understanding who is responsible for providing support, training, and other obligations outlined in the franchise agreement.

Conversely, the terms 'you' and similar pronouns refer to the person or entity (Legal Entity) purchasing the Bor Restoration franchise, including their owners, stockholders, or partners. This clear definition ensures that franchisees understand their own rights and responsibilities under the agreement. By explicitly defining these terms, Bor Restoration aims to prevent any confusion or misinterpretation of the legal document, which is a common practice in franchising to protect both the franchisor and the franchisee.