Franchise Disclosure Documents definition

Franchise Disclosure Documents means any uniform franchise offering circulars and franchise disclosure documents used by (and, to the extent required, filed by) any Loan Party or Subsidiary of a Loan Party to comply with any applicable law, rule, regulation or order of any Governmental Authority.
Franchise Disclosure Documents means one or more of the following: (a) any disclosure document required to be used in connection with the offer or sale of Franchises outside the United States; and (b) either of the following forms used in connection with the offer or sale of a Franchises in the United States: (i) the franchise disclosure document (FDD) described in the FTC Rule, Subparts C and D, or (ii) the uniform franchise offering circular (UFOC) described in the Uniform Franchise Offering Circular Guidelines, as amended and adopted by the North American Securities Administrators Association in April 1993.
Franchise Disclosure Documents shall have the meaning set forth in Section 4.23(a) (Distribution Arrangements; I/O Loans).

Examples of Franchise Disclosure Documents in a sentence

  • Except as could not reasonably be expected to have a Material Adverse Effect, each Loan Party’s Franchise Disclosure Documents were prepared in compliance with applicable Franchise Laws and disclosure guidelines, and there were no misrepresentations or omissions of information in any Franchise Disclosure Documents at the time such Loan Party was using such Franchise Disclosure Documents.

  • No Loan Party will maintain or distribute any Franchise Disclosure Documents, or enter into any Franchise Agreements, in violation of Section 4.28(c).

  • The Borrower will not, and will not permit any of its Subsidiaries to, maintain or distribute any Franchise Disclosure Documents, or enter into any Franchise Agreements, in violation of Section 3.20(c).

  • Since April 18, 2007, the Franchisor has prepared and maintained Franchise Disclosure Documents (formerly known as Uniform Franchise Offering Circular) as necessary for the offer and sale of Domino’s Pizza franchises in the United States (the “FDDs”).

  • All Unit Franchise Disclosure Documents and Unit Franchise Agreements utilized by you with Unit Franchisees in the Master Territory shall be in substantially the form of our then-current Unit Franchise Disclosure Document and Unit Franchise Agreement, which shall be prepared by you in accordance with the provisions of this Section and those of Section 5.1, and shall be reviewed and approved by us or our counsel.

  • The Technology Systems may relate to matters such as purchasing, pricing, accounting, order entry, inventory control, contact management, delivery of Franchise Disclosure Documents, document preparation, facilitation of electronic signatures, security, information storage, retrieval and transmission, customer information, customer loyalty, marketing, communications, copying, printing and scanning, or any other business purpose that we deem appropriate.

  • Notwithstanding the provisions of Paragraph 21.A hereof, this Agreement shall not supersede or cancel the information and representations in the Franchise Disclosure Documents which Franchisee has received in connection with the Franchise which is the subject of this Agreement.

  • The Companies have made available to Transferee accurate and complete copies of each such form of Franchise Disclosure Documents.

  • As of the Closing Date, Borrower has provided Lender with true and complete copies of each Franchise Disclosure Document for its effective Franchise Disclosure Documents for each of its Franchises.

  • Since May 20, 2011, Sonic Franchising LLC (the “Franchisor”) has prepared and maintained Franchise Disclosure Documents for the offer and sale of Sonic franchises in the United States with issuance dates as noted in Schedule B-2 (the “Franchisor FDDs” and, together with the Franchise Assets Holder FDDs, the “FDDs”).


More Definitions of Franchise Disclosure Documents

Franchise Disclosure Documents means all disclosure documents provided, as of any date of determination, by Borrower to any Franchisee, including the franchise disclosure document required by the rules promulgated by the FTC.