What is the date referenced in the Itan FDD for the Franchise Agreement?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
ment | | | ATTACHMENT "E" | ACH Authorization Form | | | ATTACHMENT "F" | Brand Protection Agreement | | | ATTACHMENT "G" | Confidentiality Agreement | | | | | |
ITAN FRANCHISE AGREEMENT
| Date") between iTAN Fra |
|---|
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to the 2025 Itan FDD, the franchise agreement is entered into as of 202_. This indicates that the specific day and month are to be determined at the time of signing the agreement. The "Effective Date" is the date the agreement becomes active between Itan Franchising, Inc. and the franchisee.
For a prospective Itan franchisee, this means the actual agreement date will be filled in when the franchise agreement is executed. This date is important because it marks the beginning of the franchise relationship and is used to calculate various timelines and obligations outlined in the agreement, such as the term of the agreement.
It is common practice for franchise agreements to have a space for the effective date to be filled in at the time of signing. Franchisees should pay close attention to this date when they sign the agreement, as it has legal and operational implications for their Itan franchise.