What is the definition of 'Landlord' in the context of the Cicis Lease Rider?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
This Lease Rider (this "Rider") is executed as of the day of, 20, by and between, as landlord ("Landlord") and, as tenant ("Franchisee"), as a Rider to that certain lease for the premises located at (the "Premises"), dated as of ("the Lease"). This Rider is hereby incorporated into, and made a part of, the Lease.
Source: Item 22 — CONTRACTS (FDD pages 64–65)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the Lease Rider defines 'Landlord' as the party entering into an agreement with the franchisee ('Tenant') for the lease of the premises where the Cicis restaurant will be located. The Lease Rider is an attachment to the Franchise Agreement and is incorporated into the lease between the Landlord and the Franchisee. The document specifies that the Lease Rider is executed by and between the Landlord and the Franchisee.
This definition is crucial because the Lease Rider outlines specific rights, responsibilities, and obligations of both the Landlord and the Franchisee concerning the leased premises. These provisions can supersede any conflicting terms in the original lease agreement, ensuring that the Cicis franchise has certain protections and operational flexibilities. For example, the Lease Rider dictates how the premises can be used, conditions under which Cicis (the Franchisor) can access the property, and stipulations regarding modifications or terminations of the lease.
For a prospective Cicis franchisee, understanding the definition of 'Landlord' and the implications of the Lease Rider is essential. It clarifies who the franchisee will be dealing with regarding the property and highlights the importance of the Lease Rider in protecting the franchisee's and franchisor's interests. The franchisee should carefully review the Lease Rider with legal counsel to fully understand their rights and obligations, as well as those of the Landlord, to ensure a smooth and legally sound business operation.