How is the 'Effective Date' of the Baymont Inn Suites Franchise Agreement determined?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
- 13.1 Term. This Agreement shall be effective as of the Effective Date and shall continue in full force and effect until expiration and/or termination of the Franchise Agreement, unless earlier terminated in accordance with the terms and conditions of this Agreement ("Agreement Term"). The Service Offering(s) shall commence as of the effective date(s) set forth therein, and shall continue in full force and effect until expiration and/or termination of such applicable Service Offering(s), unless earlier terminated or extended in accordance with the terms and conditions of the applicable Service Offering(s), this Agreement or the Franchise Agreement ("Service Offering Term").
Source: Item 22 — CONTRACTS (FDD pages 96–97)
What This Means (2025 FDD)
According to the 2025 Baymont Inn Suites Franchise Disclosure Document, the Franchise Agreement becomes effective as of the 'Effective Date.' The agreement remains in effect until its expiration or termination, unless terminated earlier according to the terms and conditions outlined in the agreement. This also applies to any Service Offerings associated with the franchise.
This means that the 'Effective Date' marks the official start of the franchise relationship and the franchisee's obligations and rights under the agreement. It is a crucial date because it determines the length of the franchise term and when various contractual obligations begin. Franchisees should pay close attention to this date and ensure it aligns with their expectations and business plans.
Baymont Inn Suites franchisees should also note that the Service Offerings linked to the Franchise Agreement also have their own effective dates. These dates dictate when specific services commence and their duration, which may differ from the overall Franchise Agreement term. Understanding these different timelines is essential for managing the franchise effectively and ensuring all services are delivered as expected.