What is the date of the Subordination Agreement for Petro Stopping Center?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Subordination Agreement is made this day of, 202_, by and | |-----------------------------------------------------------------------------------------
Source: Item 4 — Other Owners: (FDD pages 228–302)
What This Means (2025 FDD)
According to the 2025 Petro Stopping Center Franchise Disclosure Document, the Subordination Agreement date is not fully specified. The document states, "This Subordination Agreement is made this day of, 202_, by and".
This indicates that the exact date would be determined at the time the agreement is finalized. The franchisee should confirm the specific date of the Subordination Agreement with Petro Stopping Center during the signing process.
It is common practice in franchising for certain agreements to have variable dates depending on when all parties execute the documents. Franchisees should pay close attention to these dates as they can trigger important obligations or deadlines.