What are the Caption By Hyatt owner's obligations upon termination or expiration of the agreement?

According to the 2025 Caption By Hyatt Franchise Disclosure Document, upon termination or expiration of the agreement, the owner must immediately cease using the services provided by Hyatt, and Hyatt will cease providing services to the owner. The owner is obligated to pay all fees for services rendered up to the date of expiration or termination. Certain sections of the agreement that, by their nature or to give effect to their meaning, are intended to survive expiration or termination will remain in effect.

This means that a Caption By Hyatt franchisee must discontinue using any of Hyatt's systems or services immediately after the agreement ends. Practically, this includes things like reservation systems, marketing programs, and brand-specific operational tools. The franchisee is responsible for paying any outstanding balances for services already provided, ensuring that all due payments are made to Hyatt before the termination date.

It is also important to note that some obligations, such as those related to dispute resolution, confidentiality, and indemnification, may continue even after the agreement has ended. Franchisees should carefully review the sections of the agreement that are designated to survive termination to understand their ongoing responsibilities. This is a fairly standard practice in franchising, as certain legal and financial responsibilities need to extend beyond the active term of the agreement to protect both parties.