factual

Where should all payments be made to MICC by Delta Hotels By Marriott franchisees?

Delta_Hotels_By_Marriott Franchise · 2025 FDD

Answer from 2025 FDD Document

Prior to remitting to Company or any of its [members / partners/ shareholders] any remittance amount under the Management Agreement, you are hereby directed to pay to Marriott International Capital Corporation ("MICC") any funds to be otherwise remitted to Company and/or its [members / partners/ shareholders] under the Management Agreement. All payments are to be made to Marriott International Capital Corporation, at 7750 Wisconsin Avenue, Department 52/924.11, Bethesda, Maryland 20814, Attention: Treasury Department, Reference: [property brand and location].

All payments shall be made in immediately available funds to MICC at 7750 Wisconsin Avenue, Department 52/924.11, Bethesda, Maryland 20814, Attention: Treasury Department, or such other address specified by MICC in a notice to the [members / partners] of Borrower given in accordance with the terms of the Equity Pledge. All payments received by MICC may be applied by MICC to any obligation of Obligors hereunder or under the Equity Pledge in such order as MICC, in its sole discretion, shall elect. Any payment received after 2:00 p.m., Washington, D.C. time, shall be treated as if it were paid at 9:00 a.m., Washington, D.C. time, on the next Business Day.

Source: Item 6 — Obligations of Franchisee.** Franchisee agrees to the following: (FDD pages 363–513)

What This Means (2025 FDD)

According to Delta Hotels By Marriott's 2025 Franchise Disclosure Document, payments to Marriott International Capital Corporation (MICC) should be made to a specific address. Franchisees are directed to pay MICC any funds otherwise remitted to the Company or its members/partners/shareholders under the Management Agreement.

The specified address for these payments is Marriott International Capital Corporation, 7750 Wisconsin Avenue, Department 52/924.11, Bethesda, Maryland 20814, with the attention directed to the Treasury Department. Franchisees must also include a reference to the property brand and location when making payments.

Delta Hotels By Marriott also specifies that all payments pursuant to subsections 3.1 through 3.4 of Section 4 are payable immediately upon demand separate and apart from principal, interest and other amounts due under the Senior Loan Documents. All payments shall be made in immediately available funds to MICC at 7750 Wisconsin Avenue, Department 52/924.11, Bethesda, Maryland 20814, Attention: Treasury Department, or such other address specified by MICC in a notice to the members / partners of Borrower given in accordance with the terms of the Equity Pledge. Any payment received after 2:00 p.m., Washington, D.C. time, shall be treated as if it were paid at 9:00 a.m., Washington, D.C. time, on the next Business Day.

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.