When does the Release for Dollar Rent A Car take effect?
Dollar_Rent_A_Car Franchise · 2025 FDDAnswer from 2025 FDD Document
This Multiple-Brand Franchising Addendum (the "Addendum") is made and entered into on [DATE] (the "Effective Date"), by and between Hertz System, Inc. ("Hertz"), Dollar Rent A Car, Inc. ("Dollar"), Thrifty Rent-A-Car System, LLC ("Thrifty") and «Franchisee» ("Franchisee") and «Franchisee
Source: Item 23 — RECEIPTS (FDD pages 102–301)
What This Means (2025 FDD)
According to the 2025 Dollar Rent A Car Franchise Disclosure Document, the Multiple-Brand Franchising Addendum becomes effective on the date it is made and entered into. This date is designated as the "Effective Date" within the addendum.
This addendum is relevant for franchisees who operate multiple brands under Hertz System, Inc., Dollar Rent A Car, Inc., and Thrifty Rent-A-Car System, LLC. It outlines the terms and conditions that apply when a franchisee holds agreements with more than one of these brands. The effective date marks the point from which the franchisee must adhere to the stipulations outlined in the addendum.
For prospective Dollar Rent A Car franchisees, understanding the effective date is crucial, especially if they are considering or already operate franchises under the other brands mentioned. It signifies when the additional obligations and benefits of the Multiple-Brand Franchising Addendum come into force, impacting their operational and contractual relationship with the franchisor. Franchisees should ensure they are fully aware of their responsibilities and rights from this date forward.