Where in the Southern Steer Franchise Agreement can I find further definition of 'Default'?

According to Southern Steer's 2025 Franchise Disclosure Document, the definition of 'Default(s)' can be found in Section 30.12 of the Franchise Agreement. This section specifies that 'Default(s)' refers to a franchisee's failure to comply with their obligations as outlined in the agreement.

Specifically, Section 30.12 directs you to Sections 20.1 and 20.3 for a more detailed explanation of what constitutes a default. These sections likely outline various scenarios and conditions under which a franchisee would be considered in default, such as failure to meet financial obligations, operational standards, or other contractual requirements.

Prospective Southern Steer franchisees should carefully review Sections 20.1 and 20.3 of the Franchise Agreement to fully understand their obligations and the potential consequences of failing to meet them. Understanding these default provisions is crucial for avoiding breaches of contract and maintaining a successful franchise operation.