What information does Exhibit A provide regarding Cilantro Taco Grill?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
Business within the time and in the manner required herein shall constitute a material event of default under this Agreement.
- 8.1.4 Upon consent by Franchisor to the location for the Franchised Business, the specific street address of the location (the "Accepted Location") and Territory shall be incorporated herein by an addendum containing a revised Attachment A duly signed by the parties of this agreement.
- 8.1.5 Franchisee agrees and acknowledges that upon executing this Agreement, Franchisor has not provided any financial information relative to the performance of any prospective or existing Cilantro Taco Grill Restaurants, except as may have been stated in Item 19 of the Franchise Disclosure Document provided. Upon signing this Agreement, should Franchisee desire such financial information, Franchisee will make its request at least
ninety (90) days after the Effective Date by submitting to Franchisor a Request for Financial Information (Attachment 10). Franchisee agrees that the financial information Franchisor may provide to Franchisee is in no way a projection or promise, and that Franchisee shall use the data only as informational. Franchisee acknowledges that any financial information Franchisor may share with Franchisee pursuant to this request is not and will not be considered a representation or warranty of performance for its Restaurant and any financial information Franchisor may share with Franchisee pursuant to this request shall be deemed to be a permissible disclosure since Franchisee has entered into this Agreement prior to any such disclosure, and Franchisee agrees to a full release and holds harmless Franchisor and its agents and representatives and Franchisee agrees that it shall not seek any legal action whatsoever based upon any financial information it receives from Franchisor pursuant to this request.
8.2 Construction.
- 8.2.1 Franchisee shall be responsible for obtaining clearances that may be required by state or local laws, ordinances or regulations or that may be necessary as a result of any restrictive covenants relating to the Franchised Business premises.
Source: Item 23 — RECEIPT (FDD pages 52–208)
What This Means (2024 FDD)
Based on the 2024 Franchise Disclosure Document, Exhibit A contains a revised Attachment A that includes the specific street address of the approved location for the Cilantro Taco Grill franchised business, referred to as the "Accepted Location." This addendum also incorporates the assigned territory for the franchise. This revision occurs after the franchisor consents to the location.
According to the document, Cilantro Taco Grill will not operate or authorize other franchisees to operate a Cilantro Taco Grill outlet within the franchisee's territory using the same marks, as long as the franchisee remains in compliance with the agreement. However, the franchisor retains the right to open, operate, or franchise Cilantro Taco Grill franchises bordering the franchisee's territory, unless otherwise specified in the agreement.
Furthermore, the franchisee acknowledges that prior to signing the agreement, Cilantro Taco Grill has not provided any financial information regarding the performance of prospective or existing Cilantro Taco Grill restaurants, except as stated in Item 19 of the Franchise Disclosure Document. If the franchisee desires such financial information after signing, they must request it at least ninety days after the effective date by submitting a Request for Financial Information (Attachment 10). The franchisee agrees that any financial information provided is not a projection or promise and should be used for informational purposes only, not as a representation or warranty of performance.