factual

Who is identified as an intended third-party beneficiary of the Camp Margaritaville agreement?

Camp_Margaritaville Franchise · 2025 FDD

Answer from 2025 FDD Document

8.13 Third Party Beneficiary. RPII Volcano, LP is an intended third party beneficiary of this Agreement.

Source: Item 23 — RECEIPTS (FDD pages 72–406)

What This Means (2025 FDD)

According to the 2025 Camp Margaritaville Franchise Disclosure Document, RPII Volcano, LP is identified as an intended third-party beneficiary of the franchise agreement. This designation means that RPII Volcano, LP, although not a direct party to the agreement between Camp Margaritaville and the franchisee, is intended to benefit from the agreement and may have certain rights or legal standing to enforce specific provisions of the agreement.

For a prospective franchisee, this information indicates that there are external entities with a vested interest in the franchise agreement's adherence. It is important to understand the nature of RPII Volcano, LP's interest and the specific provisions of the agreement from which they are intended to benefit. This understanding can help a franchisee anticipate potential interactions or obligations involving this third party.

Franchisees should seek clarification from Camp Margaritaville regarding the role and rights of RPII Volcano, LP. Understanding the relationship between Camp Margaritaville, the franchisee, and this third-party beneficiary is crucial for ensuring compliance and avoiding potential disputes during the franchise term.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.