As of what date is the Churchs Chicken Guaranty Agreement made?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS AGREEMENT | ("Agreement") is made as of the date signed by the last party hereto (the | |
|---|---|---|
| "Effective Date") | d/b/a Church's Texas Chicken, a Delaware | |
| by and between CAJUN GLOBAL LLC, | ||
| limited liability company | a | formed under |
| ("Cajun"), and | ||
| the laws of | ||
| ("Franchisee"). |
Source: Item 23 — RECEIPT (FDD pages 68–406)
What This Means (2025 FDD)
According to the 2025 Churchs Chicken Franchise Disclosure Document, the Guaranty Agreement is made as of the date signed by the last party. This means the agreement becomes effective once all parties involved have signed and dated the document. The specific day, month, and year would be filled in at the time of signing.
For a prospective Churchs Chicken franchisee, this implies that the obligations and responsibilities outlined in the Guaranty Agreement begin once the franchisee (or their guarantor) and Churchs Chicken have both signed the document. The "Effective Date" is a critical detail, as it marks the commencement of the guarantor's duties and liabilities.
It is important for the franchisee and the guarantor to carefully review the entire Guaranty Agreement and understand all the terms before signing, as the date of signing triggers the enforcement of the agreement. The franchisee should confirm that the date accurately reflects when all parties completed the signing process.