What documents must the Browns Chicken Sublessee execute to permit withdrawals from their account?
Browns_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
Sublessee shall execute such documents as may be required from time to time by Sublessor to permit Sublessor to withdraw from Sublessee's general operating checking account the amounts due Sublessor.
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to the 2025 Browns Chicken Franchise Disclosure Document, a Sublessee is required to execute documents that allow the Sublessor to withdraw funds from the Sublessee's general operating checking account. This is to ensure that the Sublessor can collect the amounts owed to them.
The FDD also states that the Sublessee must establish and maintain a bank account for the purpose of making payments to the Sublessor. This account is specifically designated for these payments. The Sublessee cannot alter their banking relationships, such as changing account numbers or banks, without the Sublessor's prior written approval.
If an electronic bank draft is declined due to insufficient funds, the Sublessee is responsible for paying a $50 processing fee to the Sublessor. They must also immediately address the reason for the dishonored draft and notify the Sublessor that the payment will be honored. This ensures that Browns Chicken Sublessors are paid in a timely manner.