What is the effect of a delay by Bumble Roofing in enforcing its rights under the agreement?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
The acceptance of any interest payment shall not be construed as a waiver by Franchisor of its rights in respect of the default giving rise to such payment and shall be without prejudice to Franchisor's right to terminate this Agreement in respect of such default.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the acceptance of any interest payment shall not be construed as a waiver by the franchisor of its rights regarding the default that led to the payment. This means that even if Bumble Roofing accepts a late payment or payment of interest, it does not give up its right to take action regarding the original default.
This clause protects Bumble Roofing's ability to enforce the franchise agreement fully, even if they show leniency in accepting payments. For a franchisee, this means that even if a late payment is accepted, they are still responsible for correcting the initial default and could face further consequences if the default is not resolved.
This provision is typical in franchise agreements, as it allows the franchisor to maintain its rights while working with franchisees to resolve issues. However, franchisees should be aware that the franchisor's acceptance of a payment does not excuse any prior breach of contract.