For Even Hotels, where can I find the fees for Conveyed Transactions and other Non-Bank Services?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
You shall pay us the fees for Conveyed Transactions and other Non-Bank Services as set forth on your Application, MPA Addendum, Fee Schedule, and/or other Schedules, or as we otherwise disclose to you. Fees for Non-Bank Services may be charged and collected in any manner that other Servicers Fees, Third Party Based Fees, and other amounts may be charged and collected under the Agreement.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the fees for Conveyed Transactions and other Non-Bank Services are detailed in several locations. Specifically, these fees are outlined on your Application, MPA Addendum, Fee Schedule, and/or other Schedules, or as otherwise disclosed to you by the company. This indicates that the fees are not fixed within the FDD itself but are instead variable and dependent on the specific agreement and schedules applicable to the franchisee.
Non-Bank Services are provided to the franchisee by Processor, not by Bank. The Bank is not responsible for, and has no liability to the franchisee in any way with respect to, Non-Bank Services. The provisions of the Agreement regarding Discover Card transactions, American Express Card transactions, and other Non-Bank Services are an agreement solely between the franchisee and Processor. Non-Bank Services are subject to all terms and provisions of these Terms and Conditions. To the extent terms specific to a Non-Bank Service directly conflict with another provision of the Agreement, the terms specific to the Non-Bank Service will control with respect to such Non-Bank Service.
For Conveyed Transactions, the Processor (not Bank) will provide an Authorization response to Authorization requests. The franchisee must enter into a separate agreement with the Card Organization or Issuer that settles Conveyed Transactions and must pursue directly with such Card Organization or Issuer all related claims and disputes. The Card Organization or Issuer that settles Conveyed Transactions may charge additional fees and amounts, for which the franchisee is exclusively responsible and liable. If the Issuer Agreement has been terminated, suspended, or is not in effect, Processor does not have any obligation to provide any Services for Conveyed Transactions.
Prospective franchisees should carefully review these documents and disclosures to fully understand all applicable fees for Conveyed Transactions and Non-Bank Services. It is essential to clarify any uncertainties regarding these fees with the franchisor before signing the franchise agreement.