When are the default remedies costs due to Sonesta Simply Suites?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS (Note 1) |
|---|---|---|---|
| Default Remedies | You shall reimburse us for all our costs and expenses we incur to remedy your default. | Case by case basis as incurred | Our expenses may include attorneys' fees (including fees for in-house attorneys), court costs and non-legal fees reasonably incurred to protect us, our subsidiaries, or affiliates or to remedy your default. |
Source: Item 6 — OTHER FEES (FDD pages 25–36)
What This Means (2025 FDD)
According to Sonesta Simply Suites' 2025 Franchise Disclosure Document, franchisees must reimburse Sonesta Simply Suites for all costs and expenses incurred to remedy a default. These costs are due on a case-by-case basis as they are incurred.
The expenses that Sonesta Simply Suites may include when remedying a default encompass a range of costs, including attorney's fees (which cover both outside and in-house counsel), court costs, and other non-legal fees. These fees must be reasonably incurred to protect Sonesta Simply Suites, its subsidiaries, or affiliates, or to correct the franchisee's default.
This means that a Sonesta Simply Suites franchisee could face unpredictable and potentially substantial costs if they breach the Franchise Agreement. The 'case by case' nature of the due date means that franchisees need to be prepared to pay these expenses promptly as they arise, which could strain their cash flow. Franchisees should ensure they fully understand their obligations under the Franchise Agreement to minimize the risk of default and the associated costs.