What is the date format for the Browns Chicken Guaranty and Assumption of Obligations?
Browns_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| Secured Party: | Debtor: |
|---|---|
| Brown's Chicken, LLC | |
| an Illinois limited liability company | |
| By: | By: |
| Title: | Title: |
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Rider E to Franchise Agreement
GUARANTY AND ASSUMPTION OF OBLIGATIONS DESIGNATION OF AUTHORIZED REPRESENTATIVE
| THIS GUARANTY AND ASSUMPTION OF OBLIGATIONS is given this day of , 20, by |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to Browns Chicken's 2025 Franchise Disclosure Document, the Guaranty and Assumption of Obligations agreement includes a space for the day and month, followed by the year. The date format is "day of , 20".
This means that when the Guaranty and Assumption of Obligations agreement is executed, the specific day and year must be filled in on the provided line. For example, if the agreement was signed on January 1, 2025, it would be written as "1st day of January, 2025".
Prospective Browns Chicken franchisees should pay close attention to these details when completing legal documents to ensure accuracy and avoid potential issues.