After ProVision assigns the Basecamp Fitness agreement, under what conditions is ProVision released from its 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, ProVision has the right to transfer all or any part of its rights or obligations under the agreement to any person or legal entity. Upon any transfer of the agreement by ProVision, or any of its legal rights and obligations, ProVision will be released from all such obligations and liabilities arising or accruing in connection with the agreement after the date of such transfer.
This means that if ProVision assigns the agreement to another party, it is no longer responsible for any obligations or liabilities that occur after the date of the transfer. This is a standard practice in franchising, as it allows the franchisor to transfer its rights and obligations to another party without remaining liable for future events.
For a prospective Basecamp Fitness franchisee, this clause is important because it clarifies that ProVision's responsibilities end upon transferring the agreement. It is important to note that this release only applies to obligations and liabilities arising after the transfer date. ProVision would still be responsible for any obligations or liabilities that arose before the transfer.