factual

How long does a Healthsource Chiropractic Licensed Provider have to comply with other agreement provisions after written notice?

Healthsource_Chiropractic Franchise · 2025 FDD

Answer from 2025 FDD Document

otherwise engage in any dishonest, unethical, or other conduct that is reasonably likely to reflect materially and unfavorably on the goodwill or reputation of your Franchised Business, the Marks or the System;

  • g. you or any of your employees violate any health or safety law, ordinance or regulation, or operate the Franchise in a manner that presents a health or safety hazard to your customers or the public;
  • h. you do not pay when due any monies owed to us or our affiliates, and do not make such payment within ten (10) days after written notice is given to you (unless a longer cure period is otherwise required by applicable law, in which case such longer period shall apply);
  • i. if you under-report gross revenues for any period, as determined by an audit or inspection, in an amount greater than five percent (5%);
  • j.

Source: Item 23 — Receipts (FDD pages 77–282)

What This Means (2025 FDD)

According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, a Licensed Provider typically has 30 days after receiving written notice to comply with the provisions of the agreement. However, there are exceptions to this general rule.

Specifically, if a Healthsource Chiropractic Licensed Provider fails to pay monies owed to Healthsource Chiropractic or its affiliates, they have only ten days after written notice to make the payment. The agreement also states that if a longer cure period is required by applicable law, that longer period will apply instead of the standard 30 days or the 10 days for payment defaults.

It is important for prospective Healthsource Chiropractic Licensed Providers to understand these timelines, as failure to comply within the specified period can result in further action from Healthsource Chiropractic. The "Time is of the essence" clause in the agreement emphasizes the importance of adhering to these deadlines.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.