factual

What does the phrase 'under seal' signify in the Face Foundrie Franchise Agreement?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

Disclosure Act. Section 41 of the Illinois Franchise Disclosure Act | | states that any condition, stipulati

Source: Item 22 — CONTRACTS (FDD pages 73–74)

What This Means (2025 FDD)

According to the 2025 Face Foundrie Franchise Disclosure Document, the phrase 'under seal' appears in the context of executing the Franchise Agreement. Specifically, the document states, 'IN WITNESS WHEREOF, each of the undersigned has executed this Agreement under seal as of the Effective Date.'

In legal terms, executing a document 'under seal' traditionally signifies that the agreement is formally signed and carries a presumption of intent to be bound by the agreement's terms. The presence of a seal, whether an actual seal or a symbolic representation, historically added a layer of authenticity and legal weight to the document. While the significance of seals has diminished in modern law, their inclusion can still indicate a higher degree of formality and commitment to the agreement.

For a prospective Face Foundrie franchisee, seeing the phrase 'under seal' means that the signing of the Franchise Agreement is a formal and legally binding act. It reinforces the importance of carefully reviewing and understanding all terms and conditions before signing. Although the practical effect may vary depending on jurisdiction, it generally underscores the seriousness of the contractual obligations being undertaken.

Disclaimer: This information is extracted from the 2025 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.