Does the Cinnaholic General Release cover debts related to any Cinnaholic Bakery?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| This General Release is made effective this day of, 20 In consideration for the grant by Cinnaholic Franchising, LLC, a Georgia Limited Liability Company ("CINNAHOLIC®"), to the undersigned of certain rights in connection with the operation transfer or renewal thereof, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the undersigned, individually and collectively, hereby unconditionally release, discharge, and acquit CINNAHOLIC®, its past and present subsidiaries and affiliates, and its and their shareholders, owners, directors, officers, managers, members, partners, employees, agents, representatives, successors and assigns, from any and all liabilities, damages, claims, demands, costs, expenses, debts, indemnities, suits, disputes, controversies, actions and causes of action of any kind whatsoever, whether known or unknown, fixed or contingent, regarding or arising out of any prior or existing franchise relationship, development agreement, franchise agreement or any other agreement executed by any of the any CINNAHOLIC ®facility (whether currently or previously of them), or any other prior or existing business relationship between any of the undersigned and CINNAHOLIC® (or any subsidiary or affiliate of CINNAHOLIC®), individually or collectively has asserted, may have asserted or (or any of the aforementioned related parties) at any time up to the date of this General Release, including specifically, without limitation, claims arising from contract, written or oral communications, alleged misrepresentations, and acts of negligence, whether active or passive. This General Release shall survive the assignment or termination of any of the franchise agreements or other documents entered into by and between CINNAHOLIC® and any of the undersigned. This those rights of the undersigned which cannot be waived under applicable state franchise laws nor is it intended to relieve CINNAHOLIC® or any other the Maryland Franchise Registration and Disclosure construed in accordance with the laws of the State of Georgia without regard to its conflicts of law provisions. | of a CINNAHOLIC® facility and/or the undersigned and CINNAHOLIC (or any subsidiary or affiliate of CINNAHOLIC), owned or operated by the undersigned or any which the undersigned or any of them CINNAHOLIC® could have asserted against General Release is not intended as a waiver of person, directly or indirectly, from liability imposed by Law. This General Release shall be governed by and |
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Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the General Release covers debts related to any Cinnaholic bakery. The General Release is effective from a specific date in 20--, and it involves Cinnaholic Franchising, LLC granting certain rights to the franchisee related to the operation, transfer, or renewal of a Cinnaholic facility. In return, the franchisee acknowledges the receipt and sufficiency of consideration.
The franchisee agrees to unconditionally release and discharge Cinnaholic and its affiliates from any liabilities, damages, claims, demands, costs, expenses, debts, indemnities, suits, disputes, controversies, actions, and causes of action. This release applies to any kind of claim, whether known or unknown, fixed or contingent. It specifically includes matters arising from any prior or existing franchise relationship, development agreement, franchise agreement, or any other agreement executed between the franchisee and Cinnaholic.
This release extends to any Cinnaholic facility, whether currently or previously owned or operated by the franchisee. It encompasses any prior or existing business relationship between the franchisee and Cinnaholic. The release covers claims the franchisee has asserted, may have asserted, or could have asserted against Cinnaholic, including claims arising from contract, written or oral communications, alleged misrepresentations, and acts of negligence. The General Release survives any assignment or termination of franchise agreements and is governed by Georgia law, but does not waive rights that cannot be waived under state franchise laws, nor relieve Cinnaholic from liability imposed by the Maryland Franchise Registration and Disclosure Law.