In the operative terms for Petro Stopping Center, what happens if a term is not defined in the Assignment?

According to Petro Stopping Center's 2025 Franchise Disclosure Document, the operative terms within the Assignment address the interpretation of undefined terms. Specifically, if a term is not defined within the Assignment itself, it will have the meaning ascribed to it in the Lease agreement. This ensures that all terms used in the Assignment are clearly understood by referencing the Lease, which is another key document governing the relationship between the franchisee, franchisor, and lessor.

For a prospective Petro Stopping Center franchisee, this means that understanding the Lease agreement is crucial. If the Assignment uses a term that is unfamiliar, the franchisee must refer to the Lease to understand its meaning. This highlights the importance of carefully reviewing both the Assignment and the Lease to ensure full comprehension of all terms and conditions.

This clause aims to provide clarity and avoid ambiguity in the interpretation of the Assignment. By incorporating the definitions from the Lease, Petro Stopping Center ensures consistency and reduces the potential for disputes arising from undefined or unclear terminology. Franchisees should pay close attention to this section and familiarize themselves with the Lease agreement to fully understand their rights and obligations.