Does the Note for Americas Best Value Inn affect any other rights regarding Maker's Hotel?
Americas_Best_Value_Inn Franchise · 2025 FDDAnswer from 2025 FDD Document
This Note is not intended to be exhaustive in nature, nor is it intended to set forth all of Holder's rights.
It does not modify, replace, or affect any other rights, default or termination notices under the Agreement, or any other agreement with Holder regarding Maker's Hotel.
Holder does not waive any of its legal or equitable rights (including the right to specify additional defaults) or remedies.
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, the Note is not intended to be exhaustive in nature, nor is it intended to set forth all of Holder's rights. Specifically, the Note does not modify, replace, or affect any other rights, default or termination notices under the Agreement, or any other agreement with Holder regarding Maker's Hotel. The Holder also does not waive any of its legal or equitable rights or remedies.
This means that Americas Best Value Inn retains all rights and remedies under the franchise agreement and any other agreements with the franchisee, despite the existence of the Note. The Note is a separate document that does not limit or alter the franchisor's ability to enforce the terms of the franchise agreement or pursue any legal or equitable remedies available to them.
For a prospective Americas Best Value Inn franchisee, this clause reinforces that the Note is a standalone agreement and does not weaken the franchisor's position regarding the franchise agreement. Franchisees should be aware that Americas Best Value Inn can still exercise all rights and remedies under the franchise agreement, regardless of the Note's provisions.