What does the term 'Company' refer to within the Byrider Franchise Agreement?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
THIS FRANCHISE AGREEMENT (sometimes referred to herein as "Agreement") made and entered into this «Day» day of «Month», «Year», by and between Byrider Franchising Partners, LLC, a Delaware limited liability company, having its principal office at 12802 Hamilton Crossing Blvd., Carmel, Indiana 46032 (herein called the "Company") and «Name
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to the 2025 Byrider Franchise Disclosure Document, the term "Company" in the franchise agreement refers to Byrider Franchising Partners, LLC, a Delaware limited liability company with its principal office in Carmel, Indiana. This definition is explicitly stated within the franchise agreement itself.
As the franchisor, Byrider Franchising Partners, LLC grants the franchise to operate a Byrider business. This includes the right to use Byrider's formats, systems, methods, procedures, and standards for offering used vehicles and financing services under the Byrider brand. The agreement outlines the rights and obligations of both Byrider Franchising Partners, LLC, as the Company, and the franchisee.
Understanding this definition is crucial for prospective franchisees as it clarifies the legal entity they are contracting with. All obligations and rights outlined in the franchise agreement that refer to the "Company" are specifically attributed to Byrider Franchising Partners, LLC. This ensures clarity in legal and business dealings between the franchisee and the franchisor.