For Bevaris Alliance, what is the reference point for determining 'Pacific Time'?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
Business Day: a day other than a Saturday, Sunday or public holiday in California when banks in Los Angeles, California are open for business.
Business Hours: the period from 5:00 a.m. to 5:00 p.m. Pacific Time on any Business Day.
Commencement Date: [DATE].
Confidential Information: any information which is disclosed by one party to the other pursuant to, or in connection with, this agreement (whether orally or in writing and whether or not such information is expressly stated to be confidential), or which otherwise comes into the hands of one of the parties in relation to the Branded Business, the Franchisee's Business, the System, the Services or the Products, a Customer, a Food Service Agreement, point of sale information, or parent and student information, other than information which is already in the public domain (otherwise than as a result of a breach of any obligation of confidentiality).
Control: the beneficial ownership of more than 50% of the issued share capital of a company or the legal power to direct or cause the direction of the general management of the company, and controls, controlled and the expression change of control shall be construed accordingly.
Customer: any school, institution or other business which contracts with Franchisor as part of the System including for delivery of Products and Services by a Franchisee and the individual students, patrons and customers of such school, institutions or other business contracting with Franchisor as part of the System.
Day: a period of 24 consecutive hours starting at 12:01 a.m. Pacific Time.
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, 'Pacific Time' is referenced to determine 'Business Hours' and 'Day'. The document specifies that 'Business Hours' are defined as the period from 5:00 a.m. to 5:00 p.m. Pacific Time on any Business Day.
Additionally, the document defines 'Day' as a period of 24 consecutive hours starting at 12:01 a.m. Pacific Time. This is important for franchisees to note, as deadlines or operational periods may be tied to these specific timeframes.
For a prospective Bevaris Alliance franchisee, understanding these time references is crucial for aligning business operations with the franchisor's standards and ensuring compliance with any time-sensitive requirements outlined in the franchise agreement. This standardization helps maintain consistency across the Bevaris Alliance franchise system.