For Bw Premier Collection, what is the required action for the Hotel Owner and BWI to finalize the Rider?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
[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: [HOTEL OWNER], a [INSERT TYPE OF Best Western International, Inc., an Arizona ENTITY] corporation Executed on: Executed on:
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to the 2025 Bw Premier Collection Franchise Disclosure Document, the Hotel Owner and BWI (Best Western International, Inc.) must execute and deliver the Rider to finalize it. This action must be effective on the Effective Date as stated in the Distribution Agreement. The Rider is made and entered into by and between BWI and the Hotel Owner.
This indicates that both parties, the Hotel Owner and BWI, must sign the Rider to signify their agreement to its terms. The signatures serve as confirmation that both parties have read, understood, and agreed to the conditions outlined in the Rider. The Rider becomes legally binding once both parties have executed and delivered it, with the effective date being the same as that of the Distribution Agreement.
Prospective franchisees should pay close attention to the effective date and ensure that all signatures are obtained to avoid any potential disputes or uncertainties regarding the Rider's validity. This process is standard in franchising, where both parties must formally agree to the terms and conditions outlined in the franchise agreement and any associated riders.