Is failing to consistently pay the debts of the Dryject Franchised Business a cause for termination?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
You shall be in default under this Agreement for failure to comply with any of the requirements imposed by the Agreement, or for failure to carry out the terms of this Agreement in good faith.
Such defaults include, but are not limited to:
(x) A failure by You to consistently pay the debts of the Franchised Business as they become due.
(c) In the event You are delivered two (2) or more notices of Material Breach from Us within a twelve (12) month period pertaining to any one (1) or more of the foregoing events of default whether or not cured after notice, during the initial Term or any renewal terms of this Agreement, We shall have the right to terminate this Agreement.
The effective date of any such termination notice under this Subsection shall be upon the expiration of Your receipt of three (3) days written notice to that effect, or such longer period as may be required by law.
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, failing to consistently pay the debts of the Franchised Business as they become due is a cause for default under the Franchise Agreement.
Specifically, the FDD states that a franchisee will be in default for failure to comply with any of the requirements imposed by the agreement, or for failure to carry out the terms of the agreement in good faith. One of the listed defaults includes a failure to consistently pay the debts of the Franchised Business as they become due.
Furthermore, if Dryject delivers two or more notices of Material Breach within a twelve-month period, pertaining to any one or more of the listed events of default, Dryject has the right to terminate the agreement. The termination is effective upon the franchisee's receipt of three days written notice.