What company is referred to as 'American Express' in the Even Hotels agreement?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
action downgrading to a different interchange category.
Third Party Services: Services, goods, equipment, products, promotions, software, applications, systems, materials, and other items provided by any Merchant Provider or other Third Party.
Transaction Data: Data collected as part of performing the Services, including Cardholder information, d
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to the 2025 FDD, when the Even Hotels franchise agreement refers to 'American Express', it means American Express Travel Related Services Company, Inc. This definition is found within a section outlining confirmation page details and terms and conditions of the agreement.
This is important for an Even Hotels franchisee because it clarifies which entity is being referenced in the context of the agreement, particularly concerning financial and credit information authorization. By signing the application, the franchisee authorizes FDS Holdings, Inc., Bank of America, N.A., First Data Merchant Services LLC, and American Express Travel Related Services Company, Inc. to obtain financial and credit information regarding the franchisee's business and any guarantors until all obligations are satisfied.
Understanding this definition helps the franchisee know exactly which companies have the right to access their financial information. This is a standard disclosure in franchise agreements to ensure all parties are aware of their rights and obligations regarding financial matters.