factual

What articles in the Cilantro Taco Grill Franchise Agreement detail the franchisee's indemnification obligations?

Cilantro_Taco_Grill Franchise · 2024 FDD

Answer from 2024 FDD Document

this Disclosure Document.**

Obligation Section or Article in Franchise Agreement Section or Article Item in Franchise Disclosure Document
in Multi-Unit Operator Agreement
a.

Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 24–26)

What This Means (2024 FDD)

According to Cilantro Taco Grill's 2024 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations, including indemnification. Indemnification details are specified in sections 7.3, 8.1.1, 12.4, 14.8, 15.6, 16.3.6, and 21.1 of the Franchise Agreement. For franchisees entering into a Multi-Unit Operator Agreement, indemnification is further detailed in Article 9 of that agreement.

In practical terms, this means that a Cilantro Taco Grill franchisee may be required to protect the franchisor from losses, damages, or liabilities resulting from the franchisee's operation of the business. The specific circumstances triggering indemnification are detailed in the referenced sections of the Franchise Agreement. These could include issues related to the franchisee's negligence, breach of contract, or violation of laws and regulations.

It is important for prospective Cilantro Taco Grill franchisees to carefully review these sections with legal counsel to fully understand the scope of their indemnification obligations. Understanding these obligations is crucial, as they can have significant financial implications for the franchisee. Franchisees should pay close attention to what types of claims are covered, any limitations on liability, and the procedures for handling indemnification claims.

While the FDD excerpt specifies the sections and articles related to indemnification, it does not provide the exact language used in those sections. Therefore, a prospective franchisee should carefully review the full Franchise Agreement and Multi-Unit Operator Agreement (if applicable) to fully understand their indemnification responsibilities.

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.