Under the Carbones Pizzeria Guaranty, does the guarantor consent to any assignment?

According to the 2025 Carbones Pizzeria Franchise Disclosure Document, the guarantor consents to any assignment of the Franchise Agreement. Specifically, the guarantor waives notice of default on the part of the franchisee and waives the exhausting of recourse against the franchisee.

This means that if the Carbones Pizzeria franchisor assigns the Franchise Agreement to another party, the guarantor's obligations under the Guaranty remain in effect. The guarantor will not be released from their obligations simply because the agreement has been transferred to a new franchisor.

For a prospective Carbones Pizzeria franchisee, this highlights the importance of understanding the full scope of the Guaranty and its implications. The guarantor should be fully aware that their obligations extend beyond the original franchisor and will continue even if the franchise agreement is assigned to a new entity. It is advisable for the guarantor to seek legal counsel to fully understand the terms and potential risks associated with the Guaranty.