What kind of provisions are covered in the table regarding the Cilantro Taco Grill franchise relationship?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
| Provision | Section in Multi- Unit Operator Agreement | Summary | |
|---|---|---|---|
| w. | Choice of law | Section 10.5 | Illinois law applies, subject to applicable state law. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 38–48)
What This Means (2024 FDD)
According to the 2024 Franchise Disclosure Document, the table outlines key provisions of the Cilantro Taco Grill franchise relationship under the Multi-Unit Operator Agreement. These provisions are important for franchisees to understand as they govern various aspects of their agreement with the franchisor.
The table includes a summary of the choice of law, specifying that Illinois law applies, but is subject to applicable state law. This is important because it determines which state's laws will govern the interpretation and enforcement of the Multi-Unit Operator Agreement.
Prospective Cilantro Taco Grill franchisees should carefully review the sections in the Multi-Unit Operator Agreement referenced in the table to fully understand their rights and obligations. Consulting with a legal professional is advisable to ensure a comprehensive understanding of the agreement and its implications.