What is the effect of signing the Embassy Suites By Hilton Agreement in counterparts?
Embassy_Suites_By_Hilton Franchise · 2025 FDDAnswer from 2025 FDD Document
This TSP Agreement may be executed in one or more counterparts, each of which will constitute one and the same instrument.
The effective date ("Effective Date") will be the date signed by HSS.
Source: Item 22 — CONTRACTS (FDD page 97)
What This Means (2025 FDD)
According to the 2025 Embassy Suites By Hilton Franchise Disclosure Document, the Total Solution Program Agreement (TSP Agreement) may be executed in one or more counterparts. This means that the agreement does not need to be signed on a single physical document. Instead, each signed copy is considered an original, and all of the signed copies together constitute one and the same agreement.
This practice is common in modern business to expedite the signing process, especially when parties are geographically separated. Each party can sign a separate copy and return it, without needing to circulate a single document. This can be particularly useful for Embassy Suites By Hilton, which likely deals with franchisees across various locations.
The effective date of the TSP Agreement will be the date it is signed by HSS (Hilton Systems Solutions, LLC). This clarifies that the agreement becomes binding once Embassy Suites By Hilton, through HSS, has signed the document, regardless of when the franchisee signs their counterpart.