Under what conditions will the Baymont Inn Suites agreement automatically terminate?

According to the 2025 Baymont Inn Suites Franchise Disclosure Document, the agreement will automatically terminate under specific conditions related to a Lender Notification Agreement.

The Baymont Inn Suites agreement terminates automatically when: (1) Baymont Inn Suites or the franchisee terminates the license or the Primary Agreements according to their terms, after giving the lender any required notice; (2) the lender no longer has a security interest in the facility, or the lender's loan is paid in full; (3) the term of the license under the Franchise Agreements expires; (4) the lender assumes the Primary Agreements under the terms of the agreement; or (5) the lender assigns its interest in the loan to a third party, except as expressly permitted by Section 9.1 of the agreement.

This automatic termination clause is part of the Lender Notification Agreement, which is relevant when a franchisee obtains financing to operate the Baymont Inn Suites location. It is important for prospective franchisees to understand these conditions, especially when securing financing, as changes in the lender's relationship with the property can directly impact the franchise agreement. The FDD also states that there is no equitable right of redemption applicable to this agreement.