What other documents regarding the lender's ownership structure must be delivered to the Embassy Suites franchisor?

According to Embassy Suites' 2025 Franchise Disclosure Document, in the event that a lender acquires possession or ownership of a hotel, the lender must provide certain documents to the franchisor. Specifically, within ten business days of the franchisor's request, the lender is required to deliver any documents regarding the lender's ownership structure that the franchisor reasonably requests. Additionally, the lender must provide all information necessary for the franchisor to determine that the lender is not a Sanctioned Person.

This requirement is part of the process by which the lender is deemed to have assumed the Franchise Agreement. The franchisor will then prepare an amendment to the Franchise Agreement to document this assumption and deliver it to the lender. The lender, in turn, must execute and return the amendment within ten business days. Failure to do so may result in a default under the Franchise Agreement, potentially leading to its termination.

Furthermore, the lender is also obligated to submit its ownership structure, organizational documents, and evidence of insurance as part of the conditions in the transfer provisions of the Franchise Agreement that Embassy Suites deems relevant. These measures ensure that Embassy Suites maintains control over who operates a franchised location, even in situations where ownership changes due to lender acquisition.