Is the Note for Sonesta Simply Suites intended to be exhaustive in nature?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
This Note is not intended to be exhaustive in nature, nor is it intended to set forth all of Holder's rights.
It does not modify, replace, or affect any other rights, default or termination notices under the Agreement, or any other agreement with Holder regarding Maker's Hotel.
Holder does not waive any of its legal or equitable rights (including the right to specify additional defaults) or remedies.
Source: Item 23 — RECEIPTS (FDD pages 80–246)
What This Means (2025 FDD)
According to the 2025 FDD, the Note pertaining to Sonesta Simply Suites is not intended to be exhaustive in nature. The document explicitly states that it does not encompass all of the Holder's rights, nor is it designed to modify, replace, or affect any existing rights, default or termination notices under the Agreement, or any other agreement with the Holder concerning the Maker's Hotel.
This means that franchisees should not assume that the Note contains all the information relevant to their obligations and the franchisor's rights. It serves a specific purpose but is supplemented by other agreements and legal rights that Sonesta Simply Suites retains.
Prospective franchisees should carefully review all agreements and related documents, not just the Note, to fully understand their rights and obligations. They should also be aware that Sonesta Simply Suites reserves the right to specify additional defaults and exercise its legal and equitable rights, even if not explicitly mentioned in the Note.