What representation does each individual executing the Release on behalf of the Franchisee make for Crepe De Licious?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
Each individual executing this Release on behalf of Franchisee represents and warrants that he/she is duly authorized to enter into and execute this Release on behalf of Franchisee.
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
According to the 2025 Crepe De Licious FDD, any individual signing a release on behalf of the franchisee represents and warrants that they are authorized to execute the release on behalf of the franchisee. This means that the person signing has the legal right and permission to bind the franchisee to the terms of the release.
Additionally, the releasor confirms they are authorized to enter into the Release and fulfill its terms, and that they have not transferred any rights or claims against Crepe De Licious. The releasor also confirms that all individuals with direct or indirect ownership in the Franchisee are signing the release. This ensures that all relevant parties agree to the release terms, preventing future disputes.
This representation is crucial for Crepe De Licious because it ensures that the release is legally sound and enforceable. If someone unauthorized signs the release, it could be challenged in court, potentially leading to legal and financial complications for Crepe De Licious. Therefore, franchisees must ensure that the individuals signing the release have the proper authority to do so.