factual

Where can I find the definition of frequently used terms related to the Crave franchise?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

All terms used but not otherwise defined in this Agreement shall have the meanings set forth in the Franchise Agreement. "Termination" of the Franchise Agreement shall include, but shall not be limited to, the voluntary termination, involuntary termination, or natural expiration thereof.

Source: Item 23 — RECEIPTS (FDD pages 63–253)

What This Means (2025 FDD)

According to Crave's 2025 Franchise Disclosure Document, definitions for terms used in the Receipts agreement can be found within the Franchise Agreement itself. Specifically, Section 1 of the Receipts agreement states that any terms not explicitly defined within the Receipts agreement will have the same meaning as defined in the Franchise Agreement.

This means that as a prospective Crave franchisee, you should carefully review both the Receipts agreement and the Franchise Agreement to understand the precise legal meaning of key terms. Pay close attention to how terms like "Termination", "Electronic Advertising", and "Telephone Listings" are defined, as these definitions will govern your rights and obligations.

It is a common practice in franchising to define key terms within the franchise agreement to avoid ambiguity and potential disputes. Franchisees should always clarify any unclear definitions with Crave before signing any agreements.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.