What is the dependency for the rights granted in Article 2.A. of the Casiola agreement?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee has requested that Franchisor grant to Franchisee the non-exclusive license and right to develop, own and operate a Casiola Business within a specified territory. In reliance on the representations made by Franchisee and/or Franchisee's Owners in any submitted application and during the application process and subject to the terms and conditions of this Agreement, Franchisee's request has been approved by Franchisor, subject to the following terms and conditions:
Source: Item 23 — RECEIPTS (FDD pages 47–209)
What This Means (2024 FDD)
According to the 2024 Casiola Franchise Disclosure Document, the grant of the franchise in Article 2.A is dependent on several factors. Casiola grants the non-exclusive license and right to develop, own, and operate a Casiola Business within a specified territory to the franchisee. This grant is made in reliance on the representations made by the franchisee and/or the franchisee's owners during the application process.
Specifically, Casiola's approval of the franchisee's request is subject to the terms and conditions outlined in the franchise agreement. This means that the franchisee must adhere to all the stipulations, obligations, and requirements detailed in the agreement to maintain their rights to operate the Casiola Business.
In practical terms, a prospective Casiola franchisee should carefully review all terms and conditions of the Franchise Agreement to fully understand their obligations and ensure they can meet them. Failure to comply with these terms could jeopardize their franchise rights.