Unless otherwise specified, do references to days in the Itan agreement refer to calendar days?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
All references to days in this Agreement refer to calendar days unless otherwise specified.
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to the 2025 Itan Franchise Disclosure Document, references to days within the franchise agreement are interpreted as calendar days unless explicitly stated otherwise. This means that when the agreement specifies a timeframe in 'days' for any action, deadline, or obligation, every day of the week, including weekends and holidays, is counted unless the agreement provides a specific exception.
For a prospective Itan franchisee, this construction clause has significant implications. Franchisees must be aware of deadlines and time-sensitive requirements outlined in the agreement, ensuring they factor in all days of the week when planning and executing tasks. For example, if a franchisee has 10 days to respond to a notice from Itan, those 10 days include weekends and holidays, potentially shortening the actual working time available to address the issue.
This approach is fairly standard in legal agreements to provide clarity and avoid ambiguity. However, franchisees should carefully review the entire agreement to identify any instances where 'business days' are specifically referenced, as those would be exceptions to the general rule. Understanding this distinction is crucial for compliance and avoiding potential breaches of the franchise agreement with Itan.