conditional

Under what conditions can the Budget licensee immediately terminate the Addendum by written notice?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (i) Licensee may terminate this Addendum with or without cause by providing ABCR with sixty (60) days prior written notice, provided that in the event Licensee determines not to install, maintain or operate Internet connectivity as mandated by ABCR pursuant to Section II hereof, Licensee may immediately terminate this Addendum by written notice.

Source: Item 23 — RECEIPTS (FDD pages 80–426)

What This Means (2025 FDD)

According to Budget's 2025 Franchise Disclosure Document, a licensee can immediately terminate the Addendum by written notice if they determine not to install, maintain, or operate Internet connectivity as mandated by ABCR (presumably, Avis Budget Car Rental) under Section II of the addendum.

This provision gives the Budget franchisee a specific out if they disagree with or cannot comply with ABCR's internet connectivity requirements. It's important to note that this is an exception to the general rule, which requires sixty days' written notice for termination with or without cause.

This immediate termination option provides the franchisee with some leverage and protection if they find the internet connectivity requirements to be too burdensome or technically infeasible. However, the franchisee should carefully consider the implications of terminating the addendum, as it may affect their ability to utilize certain Budget systems or services that rely on internet connectivity.

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.