factual

Under what condition can Aw revoke a waiver?

Aw Franchise · 2025 FDD

Answer from 2025 FDD Document

Either you or the Company may, by written instrument, unilaterally waive or reduce any obligation of or restriction upon the other under this Agreement, effective upon delivery of written notice thereof to the other or such other effective date stated in the notice of waiver. Any waiver granted by us will be without prejudice to any other rights we may have, will be subject to our continuing review, and may be revoked, in our sole discretion, at any time and for any reason, effective upon delivery to you of ten (10) days prior written notice.

Source: Item 22 — CONTRACTS (FDD pages 39–40)

What This Means (2025 FDD)

According to Aw's 2025 Franchise Disclosure Document, Aw has the authority to revoke any waiver it grants to a franchisee. Aw can revoke a waiver at any time, for any reason, at its sole discretion. To do so, Aw must provide the franchisee with ten days prior written notice.

This means that even if Aw has previously waived a specific requirement or obligation for a franchisee, it retains the right to reinstate that requirement with only a short notice period. This could impact a franchisee's operations if they have come to rely on the waiver.

Prospective franchisees should carefully consider this provision and understand that any waivers granted by Aw are not permanent and can be revoked. It would be prudent to discuss with Aw the circumstances under which a waiver might be granted and the factors that could lead to its revocation.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.