In the Crave Addendum, what is the term used to refer to Crave Franchising, LLC?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Addendum | (the "Addendum') is being entered into this day of | ||
|---|---|---|---|
| , (the "Effective Date") by and between CRAVE Franchising, LLC, a Wyoming limited liability | |||
| company, with its principal address at 159 N. Wolcott St. Suite 133, | Casper, WY 82601 | ("Franchisor", | |
| "we", "our", or "us") and | , a(n) |
Source: Item 23 — RECEIPTS (FDD pages 63–253)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the Addendum uses multiple terms to refer to Crave Franchising, LLC. Specifically, it identifies "CRAVE Franchising, LLC, a Wyoming limited liability company" as "Franchisor", "we", "our", or "us".
This means that when reading the Addendum, a franchisee should understand that any instance of "Franchisor," "we," "our," or "us" refers directly to Crave Franchising, LLC. This is a standard legal practice to ensure clarity and avoid ambiguity in contractual documents.
It is important for prospective franchisees to carefully note these definitions, as they clarify the roles and responsibilities of each party within the context of the Addendum. Understanding these terms is crucial for interpreting the legal obligations and rights outlined in the franchise agreement.