factual

What is the full name of the franchisor for Canopy Lawn Care?

Canopy_Lawn_Care Franchise · 2025 FDD

Answer from 2025 FDD Document

ATTACHMENT E TO FRANCHISE AGREEMENT

COLLATERAL ASSIGNMENT OF TELEPHONE NUMBERS AND TELEPHONE LISTINGS AND INTERNET ADDRESSES

THIS ASSIGNMENT is entered into this day of 20, in accordance with the terms of the Canopy® Franchise Agreement ("Franchise Agreement") between ("Franchisee") and CANOPY FRANCHISE CORPORATION, ("Franchisor"), executed concurrently with this Assignment, under which Franchisor granted Franchisee the right to own and operate a Lawn Care Business located at FOR VALUE RECEIVED, Franchisee hereby assigns to Franchisor (1) those certain telephone numbers and regular, classified or other telephone directory listings (collectively, the "Telephone Numbers and Listings") and (2) those certain Internet website addresses ("URLs") associated with Franchisor's trade and service marks and used from time to time in connection with the operation of the Lawn Care Business, as defined in the Franchise Agreement, at the address provided above. This Assignment is for collateral purposes only and, except as specified herein, Franchisor shall have no liability or obligation of any kind whatsoever arising from or in connection with this Assignment, unless Franchisor shall notify the telephone company and/or the listing agencies with which Franchisee has placed telephone directory listings (all such entities are collectively referred to herein as "Telephone Company") and/or Franchisee's internet service provider ("ISP") to effectuate the assignment pursuant to the terms hereof.

Upon termination or expiration of the Franchise Agreement (without the extension of Franchisee's rights to operate the Lawn Care Business), Franchisor shall have the right and is hereby empowered to effectuate the assignment of the Telephone Numbers and Listings and the URLs, and, in such event, Franchisee shall have no further right, title or interest in the Telephone Numbers and Listings and URLs, and shall remain liable to the Telephone Company and the ISP for all past due fees owing to the Telephone Company and the ISP on or before the effective date of the assignment hereunder.

Source: Item 22 — CONTRACTS (FDD page 55)

What This Means (2025 FDD)

According to the 2025 Franchise Disclosure Document, the franchisor's full legal name is CANOPY FRANCHISE CORPORATION. This is explicitly stated within the Collateral Assignment of Telephone Numbers and Telephone Listings and Internet Addresses section of the franchise agreement. This agreement outlines the terms under which the franchisee assigns telephone numbers, listings, and internet addresses associated with Canopy Lawn Care to the franchisor. This assignment is for collateral purposes, meaning it serves as security for the franchisee's obligations under the franchise agreement.

This means that Canopy Franchise Corporation retains control over the brand's online presence and customer communication channels. In the event of termination or expiration of the franchise agreement, Canopy Franchise Corporation has the right to take over these assets. This ensures brand consistency and customer relationships are maintained, regardless of individual franchisee status.

For a prospective franchisee, this highlights the importance of adhering to the franchise agreement. Failure to comply with the agreement could result in the loss of valuable assets like telephone numbers and website addresses. It also emphasizes the franchisor's commitment to maintaining a consistent brand image and customer experience across all franchise locations.

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.