What certification, representation, and warranty must a Golden Krust Caribbean Restaurant franchisee provide regarding Anti-Terrorism Laws?
Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDDAnswer from 2024 FDD Document
- (2) You, on behalf of yourself and your owners, agree to comply with and/or to assist us to the fullest extent possible in our efforts to comply with Anti-Terrorism Laws (as defined below). In connection with such compliance, you, on behalf of yourself and your owners, certify, represent, and warrant that none of your respective property or interests are "blocked" under any of the Anti-Terrorism Laws and that neither you nor any of your owners are in violation of any of the Anti-Terrorism Laws. You also agree not to knowingly hire or do business with (or continue to employ or do business with) any party who is blocked under any of the Anti-Terrorism Laws. The term "Anti-Terrorism Laws" means Executive Order 13224 issued by the President of the United States, as supplemented, the USA PATRIOT Act, and all other laws and regulations addressing or in any way relating to terrorist acts and/or acts of war.
Source: Item 22 — CONTRACTS (FDD page 35)
What This Means (2024 FDD)
According to Golden Krust Caribbean Restaurant's 2024 Franchise Disclosure Document, franchisees must comply with Anti-Terrorism Laws. Franchisees, on behalf of themselves and their owners, must certify, represent, and warrant that none of their property or interests are "blocked" under any Anti-Terrorism Laws. They must also certify, represent, and warrant that neither they nor their owners are in violation of any Anti-Terrorism Laws.
Furthermore, Golden Krust Caribbean Restaurant franchisees must agree not to knowingly hire or conduct business with any party who is "blocked" under Anti-Terrorism Laws. This extends to refraining from continuing to employ or do business with any party who becomes blocked under these laws.
The term "Anti-Terrorism Laws" is defined as Executive Order 13224 issued by the President of the United States, as supplemented, the USA PATRIOT Act, and all other laws and regulations addressing or relating to terrorist acts and/or acts of war. This clause ensures that Golden Krust Caribbean Restaurant and its franchisees adhere to all relevant legal requirements concerning anti-terrorism, safeguarding the brand's reputation and legal standing.