factual

Does Crave waiving its rights to a transfer of interest constitute a waiver of any claims Crave may have against the transferring party?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

14.6 No Waiver of Claims

Our consent to a transfer of any interest described herein shall not constitute a waiver of any claims which we may have against the transferring party, nor shall it be deemed a waiver of our right to demand material and full compliance with any of the terms of this Agreement by the transferee.

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

What This Means (2025 FDD)

According to Crave's 2025 Franchise Disclosure Document, Crave's consent to a transfer of any interest does not constitute a waiver of any claims Crave may have against the transferring party. Additionally, it does not waive Crave's right to demand full compliance with the terms of the agreement by the transferee. This means that even if Crave approves a transfer, it retains the right to pursue any existing claims against the party transferring the interest.

This provision protects Crave's interests by ensuring that it does not lose its ability to make claims against a transferring franchisee simply by approving the transfer. It also ensures that the new franchisee is held to the same standards as the original franchisee, and that Crave can enforce the terms of the franchise agreement against them.

For a prospective Crave franchisee, this means that even if they transfer their franchise to someone else, they may still be liable for any outstanding obligations or breaches of the franchise agreement that occurred during their ownership. It also means that the new franchisee will be expected to fully comply with the franchise agreement, and that Crave can enforce those terms against them.

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.