Does the Even Hotels Participation Agreement modify any existing agreements between IHG and the Participating Property?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
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- No Effect on Other Documents.
This Participation Agreement does not modify or in any way amend any agreements between IHG and the Participating Property, including but not limited to any licensing agreement (including the IHG License Agreement) between thereto.
This
Participation Agreement has no bearing on, and in no way supersedes or affects any current or future default and termination notice concerning any agreements between IHG and the Participating Property, including but not limited to any licensing agreement between thereto, if any, issued by IHG or any of its affiliated companies relative to any Participating Property, nor does it affect Participating Property's obligation to comply at all times with the minimum quality and service requirements of IHG.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to the 2025 Even Hotels Franchise Disclosure Document, the Participation Agreement does not modify or amend any existing agreements between IHG (Six Continents Hotels, Inc.) and the Participating Property. This includes, but is not limited to, any licensing agreement, such as the IHG License Agreement.
The Participation Agreement also has no bearing on any current or future default and termination notices concerning agreements between IHG and the Participating Property. This ensures that any existing licensing agreements remain unaffected by the Participation Agreement. The Participating Property must continue to comply with IHG's minimum quality and service requirements, regardless of the Participation Agreement.
This clause provides clarity and assurance to the franchisee that entering into the Participation Agreement will not inadvertently alter or undermine any pre-existing contractual obligations with IHG. It also ensures that IHG retains its rights and abilities to enforce standards and address defaults under those separate agreements.