In the context of the Delta Hotels By Marriott Security Agreement, what is the meaning of 'Code'?
Delta_Hotels_By_Marriott Franchise · 2025 FDDAnswer from 2025 FDD Document
Section 1. Definitions.
"Employment Based Claim" means a claim raised or made by or on behalf of a present or former Service Provider or beneficiary thereof and that either relates to employment matters or is based on an employer-employee relationship, including, without limitation, any workers' compensation claim.
"Hotel" means the unit where the Service Provider is working with the Franchisee.
"Loss" means any cost, damage, disbursement, expense, liability, loss, deficiency, diminution in value, obligation, penalty or settlement of any kind or nature, including without limitation interest or other carrying costs, penalties, legal, accounting and other professional fees and expenses incurred in the investigation, collection, prosecution and defense of actions or claims and amounts paid in settlement, that may be imposed on or otherwise incurred or suffered by the specified person.
"Service Provider" means the individual referenced in the attached Schedule;
"Start Date" means the date Service Provider commences work with the Franchisee.
"Term" means the term of the relationship with respect to each Service Provider as set forth in Section 2.B.
"Termination Date" means the date Service Provider is scheduled to end work for the Franchisee.
Capitalized Terms not otherwise defined herein shall have the meanings set forth in the Franchise Agreement.
Source: Item 6 — Obligations of Franchisee.** Franchisee agrees to the following: (FDD pages 363–513)
What This Means (2025 FDD)
I am unable to provide a definition of the term "Code" within the Delta Hotels By Marriott's Security Agreement, according to the 2025 Franchise Disclosure Document. The provided excerpts do not contain a Security Agreement, nor do they define the term "Code". The excerpts do include definitions of terms such as "Employment Based Claim", "Hotel", "Loss", "Service Provider", "Start Date", "Term", and "Termination Date" within the context of consulting support provided by Marriott to the franchisee.
To fully understand the meaning of "Code" in the context of the Security Agreement, a prospective Delta Hotels By Marriott franchisee should carefully review the Security Agreement exhibit (if any) attached to the FDD and seek clarification from the franchisor regarding any undefined terms or phrases. Understanding the specific meaning of "Code" is crucial, as it may relate to important obligations, restrictions, or requirements within the agreement.
It is important for potential franchisees to seek legal counsel to review all franchise-related documents, including the Franchise Agreement, Security Agreement, and the FDD, to ensure they fully understand their rights and obligations before making any financial commitment.