What is the 'Landlord's' obligation in the context of the Creative World School lease agreement?

According to the 2025 Creative World School FDD, the landlord has an obligation to ensure the tenant (franchisee) shall peacefully and quietly have, hold, and enjoy the leased premises for the entire term of the lease, subject to the terms, covenants, and conditions outlined in the lease agreement. This is a standard 'quiet enjoyment' clause common in lease agreements.

Additionally, if the franchisee defaults on the lease, the landlord is obligated to provide notice of such default to Creative World School by certified mail, return receipt requested, or by a nationally recognized overnight courier service. This allows Creative World School the option to cure the default and protect their brand and the franchisee's operation.

Furthermore, if the franchisee seeks financing and the site is pledged as collateral, Creative World School may require specific provisions in the loan agreement. These provisions may include the lender providing Creative World School with copies of any default notices sent to the franchisee, granting Creative World School the option to cure any default, and stating that a default under the loan constitutes grounds for termination of the Franchise Agreement. These stipulations are designed to protect Creative World School's interests and ensure the continued operation of the school, even in the event of financial difficulties faced by the franchisee.