factual

For Chop5 Salad Kitchen, are the anti-terrorism representations and warranties continuing?

Chop5_Salad_Kitchen Franchise · 2024 FDD

Answer from 2024 FDD Document

  • **23.4.

Anti-Terrorism Compliance**.

You and the Owners jointly and severally represent and warrant to us that, to the best of your and their knowledge: (a) no property or interest owned by you or any Owner is subject

Source: Item 23 — RECEIPT (FDD pages 50–178)

What This Means (2024 FDD)

According to Chop5 Salad Kitchen's 2024 Franchise Disclosure Document, both the franchisee and the owners must represent and warrant that, to the best of their knowledge, no property or interest owned by them is subject to being blocked under the specified Executive Order. They also warrant that they are not listed as a person who commits, threatens to commit, or supports terrorism, nor are they owned or controlled by such a person.

This representation and warranty are continuing, meaning they are not a one-time declaration but remain in effect throughout the term of the Franchise Agreement. This places an ongoing responsibility on the franchisee and owners to ensure their compliance with anti-terrorism regulations.

For a prospective Chop5 Salad Kitchen franchisee, this means they must conduct thorough due diligence to ensure they and their owners are not in violation of any anti-terrorism laws or regulations, not only at the time of signing the agreement but also continuously throughout the franchise term. Failure to comply could result in legal and financial repercussions, including potential termination of the franchise agreement.

Disclaimer: This information is extracted from the 2024 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.