What is the address to which Embassy Suites By Hilton will send the default notice to the lender?
Embassy_Suites_By_Hilton Franchise · 2025 FDDAnswer from 2025 FDD Document
- (a) Notice of Franchisee Default. Franchisor will concurrently provide Lender a copy of any default notice sent to Franchisee under the Franchise Agreement. The notice will be sent to Lender at the address set forth above or such other address designated by Lender in writing, provided that only a single address may be designated and it may not be a P.O. Box.
Source: Item 23 — RECEIPTS (FDD pages 97–304)
What This Means (2025 FDD)
According to the 2025 Embassy Suites By Hilton FDD, Embassy Suites By Hilton will provide the lender with a copy of any default notice sent to the franchisee. The notice will be sent to the lender at the address set forth in the letter agreement or another address designated by the lender in writing, provided that only a single address may be designated and it may not be a P.O. Box. This ensures that the lender is informed of any defaults by the franchisee, allowing them to take appropriate action to protect their investment.
This is a standard practice in franchise agreements where a lender has provided financing to the franchisee. By keeping the lender informed, Embassy Suites By Hilton helps to maintain transparency and allows the lender to take steps to cure the default or protect their interests in the event of a franchisee's failure to meet their obligations.
It is important to note that the lender must designate a single, non-P.O. Box address for receiving these notices. This requirement ensures that Embassy Suites By Hilton can effectively communicate with the lender and that the lender receives timely notification of any defaults. The lender is responsible for keeping this address up-to-date with Embassy Suites By Hilton to avoid any delays or miscommunications.