factual

Under what condition is a waiver excusing or reducing any obligation imposed by the addendum valid for a Bhc franchise?

Bhc Franchise · 2025 FDD

Answer from 2025 FDD Document

Any waiver excusing or reducing any obligation imposed by this Addendum shall be in writing and executed by the party who is charged with making the waiver and shall be effective only to the extent specifically allowed in such writing.

Source: Item 23 — Receipts (FDD pages 52–230)

What This Means (2025 FDD)

According to Bhc's 2025 Franchise Disclosure Document, any waiver that excuses or reduces obligations outlined in the addendum must be documented in writing. The waiver must also be executed, or signed, by the party responsible for issuing the waiver.

This means that a Bhc franchisee cannot rely on verbal agreements or implied understandings for waivers. For example, if the addendum requires the franchisee to maintain certain insurance coverage, a simple conversation with a Bhc representative stating that a lower coverage level is acceptable would not be sufficient.

The written waiver is only effective to the extent explicitly stated in the document. If the waiver only covers a specific instance or a limited time frame, it does not provide a blanket exemption from the obligation. This ensures that all parties are clear about the scope and duration of any waived requirements, reducing the potential for misunderstandings or disputes.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.