In the context of the Camp Margaritaville agreement, what does 'Parties' refer to in the acceptance section?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
| ("Rider") liability | company | THIS DWELLINGS RIDER TO THE CAMP MARGARITAVILLE FRANCHISE AGREEMENT is made and entered into by and between Margaritaville RV Resorts, LLC, a Delaware limited ("Franchisor") and | , a | |
|---|---|---|---|---|
| ("Franchisee") as a rider to the Franchise | Agreement dated | |||
| between Franchisor and Franchisee (the | "Agreement") as of |
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to the 2025 Camp Margaritaville FDD, the term 'parties' in the context of the agreement refers to Margaritaville RV Resorts, LLC, as the Franchisor, and the individual or entity entering into the agreement as the Franchisee. This is specified within the Dwellings Rider to the franchise agreement, which outlines the terms for developing vacation dwellings utilizing Camp Margaritaville's intellectual property.
Specifically, the rider is made and entered into by and between Margaritaville RV Resorts, LLC, a Delaware limited liability company, referred to as 'Franchisor,' and the franchisee, identified by name, as the 'Franchisee.' This establishes the two distinct parties involved in the agreement and their respective roles and responsibilities.
This definition is crucial for understanding the contractual obligations and rights of each party involved in the Camp Margaritaville franchise, particularly when it comes to aspects covered in the Dwellings Rider, such as developing vacation dwellings. Knowing who the 'parties' are ensures clarity in all communications, legal interpretations, and the execution of the franchise agreement.