What liability or obligation does B Bops Company assume to the Developer by granting any waiver?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
Company makes no warranties upon which Developer may rely, and assumes no liability or obligation to Developer, by granting any waiver or by reason of any delay in acting on any request for a waiver. Any waiver granted by Company shall be without prejudice to any other rights Company may have, will be subject to continuing review by Company, and may be revoked, in Company's sole discretion, at any time and for any reason, effective ten (10) days after delivery of written notice to Developer.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, B Bops assumes no liability or obligation to the Developer by granting any waiver. The document states that B Bops makes no warranties upon which the Developer may rely when granting a waiver.
Furthermore, any waiver granted by B Bops is without prejudice to any other rights that B Bops may have. This means that B Bops does not give up any of its other rights simply by granting a waiver in one specific instance. The waiver is subject to continuing review by B Bops, allowing them to monitor the situation and ensure it aligns with their overall business strategy.
B Bops retains the right to revoke any waiver at its sole discretion, at any time, and for any reason. The revocation becomes effective ten days after delivering written notice to the Developer. This provision provides B Bops with significant flexibility to respond to changing circumstances or if they determine that the waiver is no longer in the best interest of the franchise system. This is a fairly standard clause in franchise agreements, designed to protect the franchisor's interests and maintain control over the franchise system.