What section of the SynXis agreement addresses the assignment of contract by Baymont Inn Suites?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
ng Term, you shall remain obligated to usfor all Fees due and owing for the remainder of the then-current Term, and such remaining Fees shall become immediately due and payable by you. Any and all Fees set forth under this Supplement are non-refundable.
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IN WITNESS WHEREOF, the Parties have executed and delivered this Supplement as of the Supplement Effective Date.
*By signing this Schedule, you represent that you are authorized to enter into this Schedule on behalf of the Franchisee or Member.
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SUPPLEMENT TO SCHEDULE TO
MASTER INFORMATION TECHNOLOGY AGREEMENT ORACLE PRODUCTS AND/OR SERVICES
REVIQ PRODUCTS AND/OR SERVICES
ATTACHMENT 1.1
Definitions
These definitions set forth in this Attachment 1.1 are in addition to the definitions set forth in the Agreement and/or the Oracle Schedule.
- "Additional Services" means services performed pursuant to this Supplement that are in addition to the RevIQ Products and/or Services and Our Products and/or Services, and may include, without limitation, services relating to data recovery, configuration, training, and debugging.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 81–85)
What This Means (2025 FDD)
Based on the 2025 FDD, the SynXis agreement's assignment of contract by Baymont Inn Suites is not explicitly detailed within the provided excerpts. However, the FDD does include a 'SUPPLEMENT TO SCHEDULE TO MASTER INFORMATION TECHNOLOGY AGREEMENT SYNXIS PROPERTY MANAGEMENT SYSTEM REVIQ PREMIUM PRODUCTS AND/OR SERVICES'. This supplement defines 'Franchisee' as the person or entity set forth in the introductory paragraph of this Supplement, its successors and assigns, as permitted in the Franchise or Membership Agreement. This suggests that assignment is possible, but the specific conditions are not outlined here.
Item 23 of the Baymont Inn Suites FDD discusses the franchisee's assignments, transfers, and conveyances, specifying conditions and requirements for transferring the franchise agreement. It states that the agreement is personal to the franchisee and any owners, emphasizing the reliance on their experience, skill, and financial resources. The franchisee needs prior written consent from Baymont Franchise Systems, Inc. to assign, pledge, transfer, delegate, or grant a security interest in their rights, benefits, and obligations under the agreement.
To fully understand the conditions under which the SynXis agreement can be assigned, a prospective Baymont Inn Suites franchisee should ask the franchisor for a complete copy of the SynXis agreement and clarification on the assignment terms. Specifically, they should inquire about any restrictions, required approvals, or fees associated with assigning the SynXis contract to a new franchisee or owner. Understanding these terms is crucial for making informed decisions about the long-term implications of the franchise agreement.