factual

Can the parties change their notification addresses under the Devon Creek Franchise Agreement?

Devon_Creek Franchise · 2024 FDD

Answer from 2024 FDD Document

Any change in the foregoing addresses shall be affected by giving written notice of such change to the other parties.

Source: Item 22 — CONTRACTS (FDD page 45)

What This Means (2024 FDD)

According to Devon Creek's 2024 Franchise Disclosure Document, any party can change their notification address by providing written notice to the other parties involved. This applies to both instances where the notice is directed to the franchisee and when it is directed to the covenantor.

This means that if a Devon Creek franchisee or the franchisor needs to update their official address for receiving legal or contractual notices, they can do so by sending a written notification to the other party. This ensures that all parties remain informed of any changes in contact information throughout the duration of the franchise agreement.

This is a fairly standard clause in franchise agreements, as it allows for flexibility and ensures that important communications reach the intended recipient even if their address changes. It is important for a franchisee to promptly notify Devon Creek of any address changes to avoid missing critical updates or notices related to the franchise.

Disclaimer: This information is extracted from the 2024 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.