Where can I find the Non-Disturbance Certificate related to Camp Margaritaville?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
The only lien or encumbrance against the Camp Margaritaville Intellectual Property is a security interest granted to HPS Investment Partners, LLC, pursuant to a security agreement dated as of June 17, 2022. Within 30 days of the signing of any Franchise Agreement, we will obtain from HPS Investment Partners, LLC, and deliver to you, a non-disturbance certificate in the form of Exhibit G to the Franchise Agreement. No other agreement significantly limits our rights to use or license the Camp Margaritaville Intellectual Property in a manner material to the franchise.
Source: Item 22 — CONTRACTS (FDD pages 71–72)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, the Non-Disturbance Certificate from HPS Investment Partners, LLC, is included as Exhibit G to the Franchise Agreement. This certificate is important because it addresses a security interest that HPS Investment Partners, LLC, holds on the Camp Margaritaville Intellectual Property, based on a security agreement dated June 17, 2022.
Within 30 days of signing the Franchise Agreement, Camp Margaritaville is obligated to obtain this certificate from HPS Investment Partners, LLC, and provide it to the franchisee. This certificate essentially ensures that the franchisee's rights to use the Camp Margaritaville Intellectual Property will not be disrupted even if HPS Investment Partners, LLC, were to enforce its security interest.
For a prospective franchisee, this means that upon signing the agreement, they should expect to receive Exhibit G, the Non-Disturbance Certificate, within 30 days. This document provides assurance that the franchisee can continue operating under the Camp Margaritaville brand without concerns about potential legal challenges related to the intellectual property rights tied to HPS Investment Partners, LLC's security interest.