In the Dermani Medspa agreement, what events excuse performance of obligations?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
Do you understand: a. that this franchise business may be impacted by other risks, including those outside your or our control such as local, national or global economic, political or social disruption, such as the 2020 COVID-19 outbreak; b. that such disruptions, and any preventative, protective, or remedial actions that federal, state, and local governments may take in response to a disruption may result in a period of business disruption, reduced customer demand, and reduced operations for dermani MEDSPA®s, and may require that we take actions that might not be contemplated under the Franchise Agreement; and c. the extent to which any such disruption impacts the dermani MEDSPA® system, and your franchise business, will depend on future developments which are highly uncertain and which we cannot predict?
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, the franchise agreement may be impacted by risks outside of the control of the franchisee or franchisor. These risks include local, national, or global economic, political, or social disruptions, such as the 2020 COVID-19 outbreak.
The FDD states that these disruptions, and any preventative, protective, or remedial actions taken by federal, state, and local governments, may result in business disruption, reduced customer demand, and reduced operations for Dermani Medspa locations. These disruptions may also require the franchisor to take actions not contemplated under the Franchise Agreement.
The extent of the impact of any disruption on the Dermani Medspa system and an individual franchise business will depend on future developments that are highly uncertain and cannot be predicted. Prospective franchisees should consider these potential risks and uncertainties when evaluating the franchise opportunity.