What is the Aira Fitness franchisee's responsibility regarding penalties associated with fund transfers?

According to Aira Fitness's 2025 Franchise Disclosure Document, the franchisee is responsible for any penalties, fines, or similar expenses associated with the transfer of funds. This means that if there are any fees or charges incurred during the process of transferring funds to Aira Fitness or its affiliates, the franchisee will be the one who has to cover those costs.

This responsibility is further reinforced by the Merchant Account Authorization, which states that the franchisee is responsible for and must pay on demand all costs or fees charged by the Approved Payment Processor relating to the handling of debits pursuant to the authorization. This includes fees for non-sufficient funds.

In practical terms, this means that Aira Fitness franchisees need to ensure they maintain sufficient funds in their merchant accounts to cover all payments due to Aira Fitness. They should also be aware of any potential fees or charges associated with fund transfers and factor those into their financial planning. Failure to do so could result in additional expenses and potential penalties.