What agreements does All Team have the right to apply payments to past due indebtedness for?

According to All Team's 2025 Franchise Disclosure Document, All Team has the sole discretion to apply any payments made by or on behalf of the franchisee to any past due indebtedness. This applies to fees or amounts due under the Franchise Agreement itself, the Processing Agreement, and the Funding Agreement.

This means that if an All Team franchisee has outstanding balances under any of these three agreements, All Team can allocate any payment received to those past due amounts, regardless of what the franchisee might have intended the payment to cover. This could impact the franchisee's ability to manage their finances, as payments might not be applied as they expect.

For a prospective All Team franchisee, this highlights the importance of staying current on all payments due under these agreements to avoid having All Team reallocate funds in a way that could disrupt their business operations. It also emphasizes the need to understand the terms of each agreement (Franchise Agreement, Processing Agreement, and Funding Agreement) and how payments are tracked and applied.