Does termination of the All Team agreement affect the Debtor's undertakings, agreements, covenants, warranties, and representations?

According to All Team's 2025 Franchise Disclosure Document, the termination of the agreement does not affect the Debtor's undertakings, agreements, covenants, warranties, and representations. Specifically, no termination of the Agreement, the Funding Agreement, or the Guaranty shall in any way affect or impair the powers, obligations, duties, rights, and liabilities of Secured Party or Debtor in any way or respect relating to any of the undertakings, agreements, covenants, warranties, and representations of Debtor contained in this Agreement, the Funding Agreement, or the Guaranty.

This means that even if the All Team franchise agreement, funding agreement, or guaranty is terminated, the Debtor's obligations and promises made within those agreements remain in effect. This is a standard protective measure for the Secured Party (likely a lender or financial institution) to ensure that financial commitments are honored regardless of the franchise's operational status.

For a prospective All Team franchisee, this implies that any financial obligations or promises made in connection with the franchise, such as loan guarantees or specific performance requirements, will continue to be enforceable even if the franchise agreement is terminated. It is crucial to understand the full scope of these continuing obligations before entering into the franchise agreement and related financial arrangements.