factual
When does the Caption By Hyatt franchise agreement term commence?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
- 1.2 Term. The term of this Agreement (the "Term") will commence on the Effective Date and expire without notice on the date which is twenty (20) years after the first (1st) day of the Opening Month, subject to its earlier termination as set forth in this Agreement.
Source: Item 22 — Contracts (FDD page 85)
What This Means (2025 FDD)
According to the 2025 Caption By Hyatt Franchise Disclosure Document, the franchise agreement's term, referred to as the "Term," commences on the Effective Date. The term will expire, without notice, twenty years after the first day of the Opening Month. The agreement may be terminated earlier under certain conditions as outlined in the agreement.
Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.