What is the Face Foundrie tenant's obligation regarding proposed modifications or amendments to the lease?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Amendments. Tenant agrees that the Lease may not be terminated, modified or amended without Franchisor's prior written consent, nor shall Landlord accept surrender of the Premises without Franchisor's prior written consent. Tenant agrees to promptly provide Franchisor with copies of all proposed modifications or amendments and true and correct copies of the signed modifications and amendments.
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to the 2025 Face Foundrie FDD, a tenant is obligated to provide Face Foundrie with copies of all proposed modifications or amendments to their lease. Additionally, the tenant must provide true and correct copies of the signed modifications and amendments.
This requirement ensures that Face Foundrie maintains oversight and control over the lease agreements of its franchisees. By reviewing proposed changes, Face Foundrie can protect its interests and ensure that modifications do not negatively impact the brand or the franchisee's ability to operate effectively. This also allows Face Foundrie to maintain consistency across all franchise locations.
Furthermore, the lease cannot be terminated, modified, or amended without Face Foundrie's prior written consent, nor can the landlord accept surrender of the premises without the same consent. This provision gives Face Foundrie significant control over the lease and premises, protecting their brand and the interests of the franchise system.