Under the Even Hotels FDD, what is the definition of 'Cold Drink Equipment'?

According to Even Hotels' 2025 Franchise Disclosure Document, Cold Drink Equipment is defined as "Venders and Coolers." This definition is part of a broader agreement between Even Hotels franchisees (referred to as 'Customer') and The Coca-Cola Company ('Company') regarding beverage sales at the hotels.

This means that any equipment used to keep bottled or canned beverages cold, specifically vending machines and coolers, falls under the umbrella of 'Cold Drink Equipment' as defined in the agreement. This equipment is often provided by the bottler at no cost, with the stipulation that it is used exclusively for Bottler Bottle/Can Beverages. Franchisees are typically responsible for the electrical installation and utilities for this equipment.

For a prospective Even Hotels franchisee, understanding this definition is crucial because it dictates what equipment is covered under the beverage agreement and how it can be used. The franchisee must ensure that the equipment is used exclusively for the specified beverages and that they adhere to the bottler's equipment placement terms. Failure to comply with these terms could lead to the removal of the equipment or other penalties as outlined in the agreement.