According to the Cinnaholic Collateral Assignment of Lease, what is the 'Lease'?

According to the 2025 Cinnaholic Franchise Disclosure Document, Exhibit B refers to the Collateral Assignment of Lease. While the document mentions the term 'Lease' within the context of the Collateral Assignment of Lease, it does not explicitly define what 'Lease' refers to.

However, the document does provide context clues. It discusses the tenant's obligations under the Lease, the franchisor's right to cure defaults, and the conditions under which the franchisor might assume the lease. This suggests that the 'Lease' refers to the agreement between the franchisee (as tenant) and the landlord for the premises where the Cinnaholic bakery will operate.

To fully understand the definition of 'Lease' within the Collateral Assignment of Lease, a prospective Cinnaholic franchisee should seek clarification from the franchisor. Specifically, they should ask for a precise definition of 'Lease' as it is used in the agreement and how it relates to their obligations and the franchisor's rights.