What is the cure period for a material breach under the Camp Margaritaville CRS Terms of Use?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
- A. Termination for Breach. Either party may terminate these CRS Terms of Use in the event of a material breach by the other party that remains uncured after sixty (60) days following written notice to the defaulting party of the breach.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, either party can terminate the CRS (Central Reservation System) Terms of Use if there is a material breach by the other party. The breaching party has sixty (60) days to correct, or 'cure,' the breach after receiving written notice. If the breach remains unresolved after this 60-day period, the other party can then terminate the CRS Terms of Use.
This means that if Camp Margaritaville fails to meet its obligations under the CRS Terms of Use, franchisees must first provide written notice and allow 60 days for Camp Margaritaville to resolve the issue. Conversely, if a franchisee materially breaches the CRS Terms of Use, Camp Margaritaville must provide a similar 60-day cure period before terminating the agreement.
It is important for prospective franchisees to understand what constitutes a 'material breach' under the CRS Terms of Use, as this could lead to termination of the agreement. Franchisees should carefully review the CRS Terms of Use and Branding Agreement to fully understand their obligations and the potential consequences of failing to meet them. Seeking legal counsel to review these documents is advisable.