What is the definition of 'Affiliate' in the Goldfish Swim School Franchise Agreement?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
Whenever used in this Agreement, the following words and terms have the following meanings:
- "Affiliate" means any business entity that controls, is controlled by, or is under common control with Franchisor;
Source: Item 23 — RECEIPTS (FDD pages 77–389)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School Franchise Disclosure Document, an "Affiliate" refers to any business entity that either controls, is controlled by, or is under common control with Goldfish Swim School Franchising LLC, the franchisor.
This definition is important for prospective franchisees because it clarifies the scope of entities that are related to the franchisor and may have a bearing on the franchise agreement. For example, it could impact non-compete clauses or other contractual obligations. Understanding the definition of "Affiliate" helps a franchisee understand the full scope of the Goldfish Swim School network and who is considered part of the franchisor's organization.
It is a common practice in franchising to define the term "affiliate" to ensure clarity and avoid potential disputes regarding the scope of the franchisor's related entities. Franchisees should pay close attention to this definition and how it might affect their rights and obligations under the franchise agreement.