What is the effect of City Publications consenting to a transfer of interest?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
Whenever this Agreement requires the prior approval or consent of Franchisor, Franchisee shall make a timely written request to Franchisor therefore and, except as otherwise provided herein, any approval or consent granted shall be effective only if in writing. Franchisor makes no warranties or guarantees upon which Franchisee may rely and assumes no liability or obligation to Franchisee or any third party to which it would not otherwise be subject, by providing any waiver, approval, advice, consent or services to Franchisee in connection with this Agreement, or by reason of any neglect, delay or denial of any request therefore.
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to the 2025 City Publications Franchise Disclosure Document, whenever the agreement requires prior approval or consent from City Publications, the franchisee must make a timely written request. Any approval or consent granted by City Publications is only effective if it is in writing.
City Publications makes no warranties or guarantees that a franchisee may rely upon. City Publications assumes no liability or obligation to the franchisee or any third party to which it would not otherwise be subject. This is applicable when providing any waiver, approval, advice, consent, or services to the franchisee in connection with the agreement. This also applies to any neglect, delay, or denial of any request.
This means that a City Publications franchisee needs to ensure they get written confirmation for any approvals or consents required under the franchise agreement. Verbal agreements or understandings may not be enforceable. The franchisee cannot hold City Publications liable for any indirect consequences resulting from approvals, waivers, advice, or delays related to the franchise agreement, emphasizing the importance of independent due diligence and legal counsel.