What is the timeframe a Bhc franchisee has to discharge a levy of execution on property used in the Franchised Business to avoid immediate termination?

The 2025 Bhc Franchise Disclosure Document does not specify a timeframe for a franchisee to discharge a levy of execution to avoid immediate termination. However, it does state that a franchisee may not permit a tax sale or seizure by levy or similar writ or warrant, or attachment by a creditor to occur against the premises of the Franchised Bhc Restaurant or any of its improvements.

While the FDD outlines various scenarios that could lead to termination, including immediate termination for specific breaches, it does not provide a specific cure period for a levy of execution. This means that the franchisor has the right to terminate the agreement immediately if such an event occurs.

Prospective Bhc franchisees should seek clarification from the franchisor regarding the specific procedures and potential cure periods related to a levy of execution. Understanding the franchisor's policies on this matter is crucial for managing financial risks and ensuring compliance with the franchise agreement.