Under the agreement, what is Desi District Franchise Group, LLC referred to as?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
Delaware Limited Liability (the "Agreement"), between Desi District Franchise Group, LLC, a ("Desi District Franchise Group") and Company , a ("Franchisee").
Source: Item 23 — RECEIPTS (FDD pages 52–140)
What This Means (2024 FDD)
According to the 2024 Desi District Franchise Disclosure Document, the Maryland Rider to Franchise Agreement and Multi-Unit Development Agreement states that Desi District Franchise Group, LLC is referred to as "Desi District Franchise Group" within the agreement. This definition clarifies the specific entity that the agreement pertains to, ensuring there is no confusion about the parties involved.
Similarly, the Rhode Island Rider to Franchise and Multi-Unit Development Agreement also refers to Desi District Franchise Group, LLC as "Desi District Franchise Group." This consistent naming convention across different state-specific riders helps maintain clarity and uniformity in legal documents, regardless of the location of the franchise.
In the New York Rider to Franchise and Multi-Unit Development Agreement, Desi District Franchise Group, LLC is referred to as "Desi District Franchise Group". This consistent naming practice across various state riders ensures that all parties clearly understand the entity involved in the franchise agreement, regardless of the specific state regulations or addenda that apply.