What is the 'Effective Date' referring to in the context of the Bw Premier Collection Rider?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
h the franchise.
[Signatures on following page]
IN WITNESS WHEREOF, the parties have executed and delivered this Rider effective on the Effective Date stated in the Distribution Agreement.
HOTEL OWNER: BWI: [INSERT HOTEL OWNER ENTITY], a [INSERT TYPE OF ENTITY] Best Western International, Inc., an Arizona corporation Executed on: Executed on:
RIDER TO THE BEST WESTERN INTERNATIONAL, INC. DISTRIBUTION AGREEMENT FOR USE IN ILLINOIS
This Rider (the "Rider") is made and entered into as of the Effective Date as stated in the Distribution Agreement (defined below), by and between Best Western International, Inc., an Arizona corporation with its principal business address at 6201 N.
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to the 2025 Bw Premier Collection FDD, the 'Effective Date' in the context of the Rider refers to the effective date stated in the Distribution Agreement. The Rider is made and entered into 'as of' this Effective Date. This indicates that the Rider's terms become active and legally binding on the same date that the main Distribution Agreement comes into effect.
For a prospective Bw Premier Collection franchisee, this means the Rider, which modifies the Distribution Agreement to account for specific state laws, is synchronized with the start date of the overall franchise agreement. The Distribution Agreement and Rider are signed concurrently. The Effective Date ensures that both documents are aligned from the outset.
It is important for the franchisee to understand the specific Effective Date as it marks the commencement of their rights and obligations under both the Distribution Agreement and the Rider. This date is crucial for calculating various timelines, such as the term of the agreement, notice periods for renewal or cancellation, and other time-sensitive obligations outlined in the documents. The franchisee should confirm that the Effective Date is clearly stated and understood in both the Distribution Agreement and the Rider before signing.