In the Cd One Price Cleaners Guaranty, where can the definitions of capitalized terms be found?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
All initial capitalized terms used but not defined in this Addendum shall have the meanings set forth in the Franchise Agreement.
Source: Item 22 — Contracts (FDD page 72)
What This Means (2025 FDD)
According to the 2025 Cd One Price Cleaners FDD, if capitalized terms are used but not specifically defined in the Satellite Store Addendum, their definitions can be found in the Franchise Agreement. This is according to the recitals section of the Satellite Store Addendum.
This means that when reviewing the Satellite Store Addendum, franchisees must also refer back to the Franchise Agreement for clarification of any capitalized terms that are not explicitly defined within the addendum itself. This requires a thorough understanding of both documents to fully grasp the obligations and rights outlined in the franchise relationship.
Prospective franchisees should carefully review both the Satellite Store Addendum and the Franchise Agreement, noting where cross-references occur and ensuring they understand the definitions of all capitalized terms. This will help avoid misunderstandings and ensure compliance with the terms of both agreements.