Can a waiver granted by Dermani Medspa be revoked?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
12.2.1. We and you may by written instrument unilaterally waive or reduce any obligation of or restriction upon the other under this Agreement, effective upon delivery of written notice to the other or another effective date stated in the notice of waiver. Any waiver granted will be without prejudice to any other rights we or you have, will be subject to continuing review, and may be revoked at any time and for any reason effective upon delivery of ten (10) days' prior written notice.
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, any waiver that Dermani Medspa grants can be revoked. Dermani Medspa or the franchisee can waive or reduce obligations or restrictions under the agreement by written notice.
The waiver does not affect any other rights either party has. Dermani Medspa can revoke a waiver at any time, for any reason. To revoke a waiver, Dermani Medspa must provide ten days' prior written notice to the franchisee.
This clause gives Dermani Medspa considerable flexibility to adjust the franchise agreement as needed. However, it also introduces uncertainty for the franchisee, as a previously granted waiver can be withdrawn with only ten days' notice. Prospective franchisees should carefully consider this provision and its potential impact on their business operations.