What happens if a Byrider franchisee's assets are blocked due to terrorist activities?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
nd/or made available to Franchisee during the course of his/her dealer relationship, which relate to the Confidential Information (as stated above), is and shall remain the property of the Company. The obligations of Franchisee under this Section shall survive the termination (for any reason) or breach of this Agreement.
- 20.17 Submission of Agreement. The submission of this Agreement does not constitute an offer and this Agreement shall become effective only upon the execution hereof by the Company and the Franchisee. The date of execution by the Company shall be considered to be the date of execution of this Agreement.
- 20.18 Compliance with Anti-Terrorism Laws. Franchisee and Franchisee's owners agree to comply, and to assist the Company to the fullest extent possible in Company's efforts to comply, with Anti-Terrorism Laws (defined below). In connection with that compliance, Franchisee and Franchisee's owners certify, represent, and warrant that none of Franchisee's property or interests is subject to being blocked under, and that Franchisee and Franchisee's owners otherwise are not in violation of, any of the Anti-Terrorism Laws. "Anti-Terrorism Laws" mean Executive Order 13224 issued by the President of the United States, the USA PATRIOT Act, and all other present and future federal, state, and local laws, ordinances, regulations, policies, lists, and other requirements of any governmental authority addressing or in any way relating to terrorist acts and acts of war. Any violation of the Anti-Terrorism Laws by Franchisee or Franchisee'
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to the 2025 Byrider Franchise Disclosure Document, if a franchisee's or their owner's assets, property, or interests are blocked under any law, ordinance, or regulation relating to terrorist activities, it constitutes grounds for immediate termination of the Franchise Agreement. This also applies if the franchisee or any of the franchisee's owners otherwise violate any such law, ordinance, or regulation.
Byrider emphasizes compliance with anti-terrorism laws, requiring franchisees and their owners to certify that their property and interests are not subject to being blocked under any Anti-Terrorism Laws, which include Executive Order 13224, the USA PATRIOT Act, and other related federal, state, and local laws. Franchisees must assist Byrider in complying with these laws.
This provision highlights the importance Byrider places on adhering to legal and regulatory requirements related to anti-terrorism. For a prospective franchisee, this means ensuring full compliance with all applicable laws and regulations to avoid potential termination of the franchise agreement. It also suggests that Byrider conducts due diligence to ensure its franchisees meet these requirements.