How must the Impact Study Fee for a Bw Premier Collection franchise be paid?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
ill be held by Best Western as a good-faith deposit until execution of a Distribution Agreement (the "Agreement").
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- In the event an impact study is required as further described in paragraph 6 below, it is understood and agreed that you will be responsible for a non-refundable Impact Study Fee, which must be paid via electronic wire transfer before the impact study is conducted and which will be a prerequisite to your Application's processing.
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- All Application, Impact Study and Application Fees (collectively, "Fees") are payable in U.S. funds or Canadian funds. Payment of any Fee or submission of this Application does not give any Applicant the right to affiliate with Best Western.
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to the 2025 Bw Premier Collection FDD, if an impact study is required, the Impact Study Fee must be paid via electronic wire transfer. This fee is non-refundable and must be paid before the impact study is conducted. Payment of the Impact Study Fee is a prerequisite for the application to be processed.
This means that a prospective Bw Premier Collection franchisee needs to arrange for an electronic wire transfer to cover the Impact Study Fee if it is required. Since the fee is non-refundable, the franchisee should be certain about their application before paying it. The FDD also states that all Application, Impact Study, and Application Fees are payable in U.S. or Canadian funds.
It is important to note that paying the Impact Study Fee, or any other fee, does not guarantee that the application will be approved. The Bw Premier Collection Board of Directors reserves the right to deny an application for any reason or no reason at all. Therefore, while paying the fee is a necessary step in the application process when an impact study is required, it does not ensure affiliation with Bw Premier Collection.