factual

What exhibit contains a copy of the Master Lease for Christian Brothers Automotive?

Christian_Brothers_Automotive Franchise · 2025 FDD

Answer from 2025 FDD Document

Tenant will take possession of the Premises within five days of receiving notice that the Premises are Substantially Completed (as such term is defined in the Master Lease).

5. Payment of Rent.

Source: Item 23 — RECEIPTS (FDD pages 76–372)

What This Means (2025 FDD)

The 2025 Christian Brothers Automotive Franchise Disclosure Document does not explicitly state which exhibit contains a copy of the Master Lease. However, the document does reference a "Master Lease" in the context of defining when a tenant (franchisee) can take possession of the premises. It states that possession can occur within five days of receiving notice that the premises are substantially completed, as defined in the Master Lease.

Additionally, the document mentions a "Commercial Sub-lease agreement" and a "Dispute Resolution Agreement attached as Exhibit 'B' to and made a part of the Commercial Sub-Lease Agreement." This suggests that lease-related documents are included as exhibits, but it does not specify whether the Master Lease itself is among them.

Therefore, a prospective Christian Brothers Automotive franchisee should ask the franchisor directly which exhibit contains the Master Lease, as it is not clearly identified in the provided excerpts. Understanding the terms of the Master Lease is crucial, as it defines the conditions for taking possession of the premises and other important obligations.

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.