If ProVision assigns the Basecamp Fitness agreement, is it released from all obligations?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
- B.
We have the right to transfer all or any part of our rights or obligations under this Agreement to any person or legal entity.
Upon any transfer of this Agreement by us or any of our legal rights and obligations hereunder, we will be released from all such obligations and liabilities arising or accruing in connection with this Agreement after the date of such transfer.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 51–55)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, Basecamp Fitness has the right to transfer its rights and obligations under the agreement to another party. If Basecamp Fitness (referred to as "we" or "us" in the document) transfers the agreement, it will be released from obligations and liabilities that arise after the date of the transfer.
This means that if ProVision, the entity assigning the agreement, transfers its rights and obligations to another party, ProVision will no longer be responsible for any liabilities or obligations that occur after the transfer date. This is a standard clause in many franchise agreements, as it allows the franchisor to sell the franchise system or transfer its obligations to another entity without remaining liable for the actions of the new entity.
For a prospective Basecamp Fitness franchisee, this clause is important to understand because it clarifies that the original franchisor may not be the entity they are dealing with throughout the entire term of their franchise agreement. It also means that any claims or issues arising after the transfer would need to be addressed with the new entity that has assumed the franchisor's responsibilities.