factual

What does an Even Hotels franchisee represent and warrant regarding each card transaction?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (b) each Card transaction represents an obligation of the related Cardholder for the amount of the Card transaction;

  • (c) the amount charged for each Card transaction is not subject to any dispute, set-off or counterclaim;

  • (d) each Card transaction amount is only for respective merchandise or services (including taxes, but without any surcharge, except as required by Card Organization Rules) sold, leased, or rented by you pursuant to your business as indicated on the Application and, except for any delayed delivery or advance deposit Card transactions expressly authorized by the Agreement, that merchandise or service was actually delivered to or performed for the Cardholder entering into that Card transaction simultaneously upon your accepting and submitting that Card transaction for processing;

  • (e) with respect to each Card transaction, you have no knowledge or notice of any fact, circumstance, or defense which would indicate that such Card transaction is fraudulent or not authorized by the related Cardholder or which would otherwise impair the validity or collectability of that Cardholder's obligation arising from that Card transaction or relieve that Cardholder from liability with respect thereto;

  • (f) each Card transaction is made in accordance with these Terms and Conditions, Card Organization Rules, the Your Payments Acceptance Guide, and Applicable Law;

  • (g) each Sales Draft is free of any alteration not authorized by the related Cardholder;

  • (h) you have completed one Card transaction per sale;

  • (i) you are validly existing, in good standing, and free to enter into the Agreement;

  • (j) each statement made on the Application or other information provided to us in support of the Agreement is true and correct;

Source: Item 23 — RECEIPTS (FDD pages 99–438)

What This Means (2025 FDD)

According to Even Hotels' 2025 Franchise Disclosure Document, a franchisee makes several representations and warranties regarding each card transaction. These stipulations ensure the legitimacy and integrity of the transactions processed at the Even Hotels location.

Specifically, the franchisee warrants that each card transaction represents a valid obligation of the cardholder for the transaction amount. They also confirm that the amount charged is not subject to any dispute, set-off, or counterclaim. The amount of each card transaction must be exclusively for merchandise or services sold, leased, or rented by the franchisee's business, including taxes but excluding unauthorized surcharges, and that the merchandise or service was delivered or performed simultaneously with the transaction, unless explicitly authorized for delayed delivery or advance deposits.

Furthermore, the franchisee must not have any knowledge or notice of any fact, circumstance, or defense indicating that the card transaction is fraudulent, unauthorized, or would impair the validity or collectability of the cardholder's obligation. Each card transaction must comply with the specified terms and conditions, card organization rules, the franchisee's payment acceptance guide, and applicable laws. The franchisee also warrants that each sales draft is free of unauthorized alterations, that only one card transaction is completed per sale, and that all statements made in the application or supporting information are true and correct. These representations and warranties are designed to protect the integrity of the payment system and minimize risks associated with card transactions for both Even Hotels and its franchisees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.