What is the significance of the 'Effective Date' in the Rider for Bw Premier Collection franchises?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
ment executed in connection with 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 FDD, the 'Effective Date' in the Rider to the Best Western International, Inc. Distribution Agreement for Bw Premier Collection signifies the date on which the Rider becomes active and legally binding. The Rider is made and entered into 'as of the Effective Date as stated in the Distribution Agreement.' This means that the terms and conditions outlined in the Rider, which modify or supplement the main Distribution Agreement, come into force on this date.
The Rider is signed by both Best Western International, Inc. (BWI) and the Hotel Owner to acknowledge their agreement to the terms within the Rider. The phrase 'IN WITNESS WHEREOF, the parties have executed and delivered this Rider effective on the Effective Date stated in the Distribution Agreement' emphasizes that both parties are formally accepting the Rider's conditions from that specific date. This is a standard legal practice to ensure that all parties are clear on when their obligations and rights under the agreement begin.
For a prospective Bw Premier Collection franchisee, the Effective Date is crucial because it marks the commencement of specific legal obligations and rights as defined in the Rider. These Riders often address state-specific requirements or modifications to the standard Distribution Agreement, such as those related to governing law, jurisdiction, or waivers. Understanding the Effective Date helps the franchisee know when these specific protections or obligations come into play, ensuring compliance and awareness of their legal standing within the franchise relationship.