{"types":[{"type_id":"11","elements":["1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1","1"]}],"elements":[{"element_id":20355,"element_type":"form","data":{"form_label":"Instructions - Marriott - USA","form_instructions":"<p style=\"text-align: center;\"><strong>INSTRUCTIONS FOR SUBMITTING A FRANCHISE APPLICATION FOR CHANGE OF OWNERSHIP AND ANY OTHER RELICENSING TRANSACTION OR RENEWAL &nbsp;<\/strong><br \/><br \/><\/p>\n<p class=\"DefaultText\" style=\"text-align: left;\">The following is a list of the documents, application forms and information that, when assembled and submitted to Marriott International, Inc. (&ldquo;Marriott&rdquo;) will comprise a franchise application applicable to one or more hotels. Please contact Ann Marie Padron at 301-380-4363, Miriam Avrunin at 301-380-6896, Naomi Paulraj at 301-380-8256, or Pam Edelman at 301-380-4116 if you have any questions regarding the forms or information required for the Application.&nbsp;&nbsp;<\/p>\n<p><br \/>YOUR APPLICATION WILL BE PROCESSED WHEN ALL DOCUMENTS AND REQUESTED INFORMATION HAVE BEEN RECEIVED BY MARRIOTT<br \/><br \/>PLEASE COMPLETE ALL FORMS AND RETURN TO:<br \/><br \/>Marriott International, Inc.<br \/>Franchise Transactions<br \/>10400 Fernwood Road<br \/>Dept. 51\/010.23<br \/>Bethesda, MD 20817<\/p>\n<p><\/p>","form_required":0,"form_prints":1,"canada":{"form_label":"Instructions - Marriott - Canada","form_instructions":"<p>CANADIAN INSTRUCTIONS HERE.<\/p>"},"mfid":"mfid606f36215fc829.29343600"}},{"element_id":20356,"element_type":"form","data":{"form_label":"APPLICATION FORMS AND REQUIREMENTS","form_instructions":"<p>Please complete each applicable form as indicated and submit with your Application.&nbsp; Attach additional sheets as necessary.&nbsp; If the Application applies to more than one hotel and if any requested information is the same for some of the hotels, please complete the relevant information once and indicate the hotels to which the information applies.&nbsp; As the forms are intended to cover a number of different types of transactions, not all forms will be applicable to all transactions. Refer to the instructions below and the individual forms for specific information regarding completion of the forms for renewals.<\/p>\n<p>We reserve the right to require additional information as part of our review process or prior to execution of a franchise agreement and related documents.<o:p>&nbsp;<br \/><br \/><\/o:p><\/p>\n<ol>\n<li><strong>RECEIPT OF FRANCHISE DISCLOSURE DOCUMENT<\/strong><br \/><br \/>For each hotel that is the subject of your Application, please complete and return the Receipt (&ldquo;Receipt&rdquo;) from the applicable Franchise Disclosure Document provided to you. An Application cannot be accepted for processing until you have submitted a properly executed Receipt signed by an individual with authority to bind the prospective franchisee.&nbsp; The Receipt should be dated the date you received the Franchise Disclosure Document. If the same entity will serve as franchisee for more than one hotel and the Franchise Disclosure Document relates to the brands of such hotels, you may complete one Receipt for such hotels and attach a schedule listing the hotels subject to the Receipt. You may use Schedule A to the Application Letter (Form 1) for such purpose. If the same entity will not serve as franchisee for more than one hotel, you must complete a separate Receipt for each hotel, including the exact name of the franchisee and the location of the hotel.<br \/><br \/><br \/><\/li>\n<li><strong>APPLICATION LETTER (FORM 1)<\/strong><br \/><br \/>An Application Letter must be completed and executed by each separate franchisee.&nbsp; If the franchisee will be a legal entity that has not yet been formed, you may execute the Application on behalf of such separate legal entity in the name of the parent company that will control such separate legal entity.&nbsp; Once such legal entity has been formed, you must provide all information and documentation required by these Instructions.<br \/><br \/><br \/><\/li>\n<li><strong>PROPOSED FINANCING AND FINANCIAL INFORMATION (FORM 2)&nbsp;<\/strong><br \/><br \/>Form 2 must be completed for each hotel that is the subject of the Application and the financial information must be provided for each proposed franchisee.<em><span style=\"color: #0000ff;\">&nbsp;<span style=\"color: #333399;\">If your transaction is a renewal, the only portion of Form 2 that must be completed is in the last portion under the heading &ldquo;Financial Information.&rdquo;&nbsp; The rest of Form 2 may be skipped entirely or you may indicate &ldquo;N\/A&rdquo; as your response.<\/span><\/span><\/em>\n<p class=\"MsoNormal\" style=\"margin: 0in; text-align: justify;\"><span style=\"color: #333399;\"><i><o:p>&nbsp;<\/o:p><\/i><\/span><\/p>\n<\/li>\n<li><strong>OWNERSHIP STRUCTURE AND DUE DILIGENCE (FORM 3)<\/strong><br \/><br \/>Form 3 must be completed for each franchisee of each hotel that is the subject of the Application and, if different, each owner of each hotel (or the land upon which the hotel is built) that is the subject of the Application (each, an &ldquo;Applicant Entity&rdquo;).&nbsp; Please outline each level of ownership of an Applicant Entity until you reach either (1) an individual or (2) a publicly held entity.&nbsp; If an Applicant Entity is owned through several layers of entities, please provide an organization chart as well.&nbsp; Please also provide the applicable due diligence documents listed on Form 3. <br \/><br \/><em style=\"color: #333399;\">If your transaction is a renewal and this information is already contained in your existing franchise agreement and the information in your franchise agreement is correct and complete and can be used without any changes in your renewal franchise agreement, you may indicate &ldquo;Ownership is as set forth in the existing franchise agreement&rdquo; as your response.&nbsp; If any updates are necessary, please indicate the updates and provide applicable due diligence listed on Form 3 evidencing the changes.&nbsp;<\/em><\/li>\n<\/ol>\n<p><br \/><strong>PLEASE NOTE: YOU MAY NOT USE ANY MARRIOTT PROPRIETARY MARK (AS STATED IN THE FRANCHISE DISCLOSURE DOCUMENT) IN THE NAME OF ANY ENTITY.<\/strong>&nbsp;<br \/><br \/><br \/><\/p>\n<ol>\n<li><strong>HOTEL MANAGEMENT (FORM 4)<\/strong><br \/><br \/>For each hotel, indicate whether the proposed franchisee or a management company will manage the hotel and provide the information requested.&nbsp; Please also indicate if there is common ownership between the franchisee and the management company for a hotel and provide the requested information.&nbsp; If the hotel is to be managed by a third-party manager, there may be additional requirements, and certain modifications to the franchise agreement may be required.&nbsp; For provisions required to be in your management agreement and for additional information related to our requirements, see Item 15 of the applicable Franchise Disclosure Document and the Management Company Acknowledgment form attached to the Franchise Agreement.&nbsp;<br \/><br \/><em><span style=\"color: #0000ff;\"><span style=\"color: #333399;\">If your transaction is a renewal and the management of the hotel is not changing from your existing franchise agreement, you may simply indicate that on Form 4 in lieu of the other information requested.<\/span><br \/><\/span><\/em><span><\/span><br \/><br \/><\/li>\n<li><strong>HOTEL EXPERIENCE (FORM 5)<\/strong><br \/><br \/>Please provide the requested information regarding operation or ownership experience in other lodging facilities.<span style=\"color: #333399;\">&nbsp;<br \/><br \/><\/span><span style=\"color: #0000ff;\"><em><span style=\"color: #333399;\">If your transaction is a renewal and the management of the hotel is not changing from your existing franchise agreement, you may simply indicate that on Form 5 in lieu of the other information requested.<\/span><br \/><br \/><\/em><\/span>\n<p class=\"MsoBodyText\" style=\"margin: 6.1pt 0in 0in 5.35pt;\"><i><span style=\"color: #0070c0;\"><o:p><\/o:p><\/span><\/i><\/p>\n<\/li>\n<li><strong>APPLICABLE BRAND &amp; APPLICATION FEE<\/strong><br \/><br \/>The Application Fee (payable in US Dollars) for each hotel subject to this Application is set forth below for each brand of hotels unless otherwise indicated in the Application Letter (Form 1):<br \/><br \/>{{franchise fee}}<\/li>\n<\/ol>\n<p><strong>No fees of any kind may be paid to us in connection with an application until at least 10 business days after the date of the applicable Receipt.<br \/><br \/><\/strong><o:p><\/o:p><\/p>\n<p><strong>FOR WIRE PAYMENTS:<\/strong><\/p>\n<p>{{wire}}<\/p>","form_required":0,"form_prints":1,"canada":{"form_label":"APPLICATION FORMS AND REQUIREMENTS","form_instructions":"<p>Please complete each form as indicated and submit with your Application.&nbsp; Attach additional sheets as necessary. If the Application applies to more than one hotel and if any requested information is the same for some of the hotels, please complete the relevant information once and indicate the hotels to which the information applies.&nbsp;&nbsp;<o:p><\/o:p>As the forms are intended to cover a number of different types of transactions, not all forms will be applicable to all transactions.&nbsp; Refer to the instructions below and the individual forms for specific information regarding completion of the forms for renewals.<\/p>\n<p><\/p>\n<p>We reserve the right to require additional information as part of our review process or prior to execution of a franchise agreement and related documents.<\/p>\n<p><strong>FRANCHISOR ENTITIES:<\/strong><o:p><\/o:p><\/p>\n<table style=\"border-collapse: collapse; width: 100%;\" width=\"100%\" cellpadding=\"5\" border=\"1\">\n<thead>\n<tr>\n<td style=\"width: 40%;\">\n<p><strong>Brand<\/strong><\/p>\n<\/td>\n<td style=\"width: 60%;\">\n<p><strong>Franchisor Entity<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"width: 40%;\" width=\"319\" valign=\"top\">\n<p>AC Hotels by Marriott<\/p>\n<\/td>\n<td style=\"width: 60%;\" width=\"378\" valign=\"top\">\n<p>ACHM Global Hospitality Licensing S.&agrave; r.l.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 40%;\" width=\"319\" valign=\"top\">\n<p>Aloft<\/p>\n<\/td>\n<td style=\"width: 60%;\" width=\"378\" valign=\"top\">\n<p>W International, Inc.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 40%;\" width=\"319\" valign=\"top\">\n<p>Autograph Collection; Courtyard by Marriott; Delta Hotels by Marriott; Fairfield by Marriott; Marriott\/JW Marriott; Moxy Hotels; Renaissance; Residence Inn by Marriott; SpringHill Suites by Marriott; or TownePlace Suites by Marriott<\/p>\n<\/td>\n<td style=\"width: 60%;\" width=\"378\" valign=\"top\">\n<p>Global Hospitality Licensing S.&agrave; r.l.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 40%;\" width=\"319\" valign=\"top\">\n<p>Element or Westin<\/p>\n<\/td>\n<td style=\"width: 60%;\" width=\"378\" valign=\"top\">\n<p>Westin Hotel Management, L.P.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 40%;\" width=\"319\" valign=\"top\">\n<p>Four Points, Sheraton, or The Luxury Collection&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n<\/td>\n<td style=\"width: 60%;\" width=\"378\" valign=\"top\">\n<p>Franchise and License (Canadian) Ops Limited Partnership<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 40%;\" width=\"319\" valign=\"top\">\n<p>Le M&eacute;ridien<\/p>\n<\/td>\n<td style=\"width: 60%;\" width=\"378\" valign=\"top\">\n<p>Starwood (M) International, Inc.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 40%;\" width=\"319\" valign=\"top\">\n<p>Tribute Portfolio<\/p>\n<\/td>\n<td style=\"width: 60%;\" width=\"378\" valign=\"top\">\n<p>S Collection, Inc.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 40%;\" width=\"319\" valign=\"top\">\n<p>Branded Spa (applies to Le M&eacute;ridien,&nbsp; &nbsp;Sheraton or Westin only)<\/p>\n<\/td>\n<td style=\"width: 60%;\" width=\"378\" valign=\"top\">\n<p>Same as the applicable hotel brand<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/p>\n<ol>\n<li><strong>RECEIPT OF FRANCHISE DISCLOSURE DOCUMENT<\/strong><br \/><br \/>For each hotel that is the subject of your Application, please complete and return the Receipt (&ldquo;Receipt&rdquo;) from the applicable Franchise Disclosure Document provided to you. An Application cannot be accepted for processing until you have submitted a properly executed Receipt signed by an individual with authority to bind the prospective franchisee. The Receipt should be dated the date you received the Franchise Disclosure Document. If the same entity will serve as franchisee for more than one hotel and the Franchise Disclosure Document relates to the brand of such hotels, you may complete one Receipt for such hotels and attach a schedule listing the hotels subject to the Receipt. You may use Schedule A to the Application Letter (Form 1) for such purpose. If the same entity will not serve as franchisee for more than one hotel, you must complete a separate Receipt for each hotel, including the exact name of the franchisee and the location of the hotel.<br \/><br \/><\/li>\n<li><strong>APPLICATION LETTER (FORM 1)<\/strong><br \/><br \/>An Application Letter must be completed and executed by each separate franchisee. If the franchisee will be a legal entity that has not yet been formed, you may execute the Application on behalf of such separate legal entity in the name of the parent company that will control such separate legal entity. Once such legal entity has been formed, you must provide all information and documentation required by these Instructions.<br \/><br \/><\/li>\n<li><strong>PROPOSED FINANCING AND FINANCIAL INFORMATION (FORM 2)<\/strong><br \/><br \/>Form 2 must be completed for each hotel that is the subject of the Application and the financial information must be provided for each proposed franchisee. <br \/><span style=\"color: #333399;\"><em>If your transaction is a renewal, the only portion of Form 2 that must be completed is in the last portion under the heading &ldquo;Financial Information.\" The rest of Form 2 may be skipped entirely or you may indicate &ldquo;N\/A&rdquo; as your response.<br \/><br \/><\/em><\/span><\/li>\n<li><strong>OWNERSHIP STRUCTURE AND DUE DILIGENCE (FORM 3)<br \/><\/strong><br \/>Form 3 must be completed for each franchisee of each hotel that is the subject of the Application and, if different, each owner of each hotel (or the land upon which the hotel is built) that is the subject of the Application (each, an &ldquo;Applicant Entity&rdquo;). &nbsp;Please outline each level of ownership of an Applicant Entity until you reach either (1) an individual or (2) a publicly held entity. If an Applicant Entity is owned through several layers of entities, please provide an organization chart as well.&nbsp; Please also provide the applicable due diligence documents listed on Form 3.<br \/><br \/><span style=\"color: #333399;\"><em>If your transaction is a renewal and this information is already contained in your existing franchise agreement and the information in your franchise agreement is correct and complete and can be used without any changes in your renewal franchise agreement, you may indicate &ldquo;Ownership is as set forth in the existing franchise agreement&rdquo; as your response.&nbsp; If any updates are necessary, please indicate the updates and provide applicable due diligence listed on Form 3 evidencing the changes.&nbsp; <\/em><\/span> <br \/><br \/><strong>PLEASE NOTE:&nbsp; YOU MAY NOT USE ANY MARRIOTT PROPRIETARY MARK (AS STATED IN THE FRANCHISE DISCLOSURE DOCUMENT) IN THE NAME OF ANY ENTITY.<br \/><br \/><\/strong><\/li>\n<li><strong>HOTEL MANAGEMENT (FORM 4)<\/strong><br \/><br \/>For each hotel, indicate whether the proposed franchisee or a management company will manage the hotel and provide the information requested.&nbsp; Please also indicate if there is common ownership between the franchisee and the management company for a hotel and provide the requested information.&nbsp; If the hotel is to be managed by a third-party manager, there may be additional requirements, and certain modifications to the franchise agreement may be required.&nbsp; For provisions required to be in your management agreement and for additional information related to our requirements, see Item 15 of the applicable Franchise Disclosure Document and the Management Company Acknowledgment form attached to the Franchise Agreement.&nbsp;<br \/><br \/><em><span style=\"color: #0000ff;\"><span style=\"text-align: justify;\"><span style=\"color: #333399;\">If your transaction is a renewal and the management of the hotel is not changing from your existing franchise agreement, you may simply indicate that on Form 4 in lieu of the other information requested.<\/span><br \/><br \/><\/span><\/span><\/em><\/li>\n<li><strong>HOTEL EXPERIENCE (FORM 5)<br \/><br \/><\/strong>Please provide the requested information regarding operation or ownership experience in other lodging facilities.&nbsp;<br \/><br \/><em><span style=\"color: #0000ff;\"><span style=\"color: #333399;\">If your transaction is a renewal and the management of the hotel is not changing from your existing franchise agreement, you may simply indicate that on Form 5 in lieu of the other information requested.<\/span><br \/><br \/><\/span><\/em><\/li>\n<li><span style=\"color: #0000ff;\"><strong style=\"color: #000000;\">APPLICABLE BRAND &amp; APPLICATION FEE<\/strong><br \/><\/span><br \/>The Application Fee (payable in US Dollars) for each hotel subject to this Application is set forth below, unless otherwise indicated in the Application Letter (Form 1): <br \/><br \/>\n<table style=\"border-collapse: collapse; width: 100%;\" cellpadding=\"5\" border=\"1\">\n<thead>\n<tr>\n<td style=\"width: 32.2542%;\">BRAND<\/td>\n<td style=\"width: 45.8034%;\">APPLICATION FEE<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 32.2542%;\">AC Hotels By Marriott<\/td>\n<td style=\"height: 18px; width: 45.8034%;\">The greater of $175,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 32.2542%;\">Aloft Hotels<\/td>\n<td style=\"height: 18px; width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 32.2542%;\">Autograph Collection<\/td>\n<td style=\"height: 18px; width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 32.2542%;\">Courtyard By Marriott<\/td>\n<td style=\"height: 18px; width: 45.8034%;\">The greater of $175,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 32.2542%;\">Delta Hotels &amp; Resorts<\/td>\n<td style=\"height: 18px; width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 32.2542%;\">Element&nbsp;<\/td>\n<td style=\"height: 18px; width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 32.2542%;\">Fairfield by Marriott<\/td>\n<td style=\"height: 18px; width: 45.8034%;\">The greater of $125,000 or $400 per guestroom<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 32.2542%;\">Four Points&nbsp;<\/td>\n<td style=\"height: 18px; width: 45.8034%;\">The greater of $125,000 or $400 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">Le Meridien<\/td>\n<td style=\"width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">Marriott \/ JW Marriott<\/td>\n<td style=\"width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">Moxy Hotels<\/td>\n<td style=\"width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">Renaissance<\/td>\n<td style=\"width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">Residence Inn by Marriott<\/td>\n<td style=\"width: 45.8034%;\">The greater of $175,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">Sheraton<\/td>\n<td style=\"width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">SpringHill Suites by Marriott<\/td>\n<td style=\"width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">The Luxury Collection<\/td>\n<td style=\"width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">TownePlace Suites by Marriott<\/td>\n<td style=\"width: 45.8034%;\">The greater of $125,000 or $400 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">Tribute Portfolio<\/td>\n<td style=\"width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">Westin<\/td>\n<td style=\"width: 45.8034%;\">The greater of $150,000 or $500 per guestroom<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.2542%;\">Branded Spa (applies to Le Meriden, Sheraton or Westin only)<\/td>\n<td style=\"width: 45.8034%;\">$27,000 USD<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n<\/ol>\n<p class=\"MsoNormal\"><strong>No fees of any kind may be paid to us in connection with an Application until at least 10 business days after the date of the applicable Receipt.<br \/><br \/><\/strong><o:p><\/o:p><strong><\/strong><\/p>\n<p><strong>FOR WIRE PAYMENTS:<\/strong><\/p>\n<p>{{wire}}<\/p>\n<p><\/p>"}}},{"element_id":20357,"element_type":"form","data":{"form_label":"Franchise Application Form 1","form_instructions":"<p>Marriott International, Inc.<\/p>\n<p>Franchise Transactions<br \/>10400 Fernwood Road<br \/>Dept. 51\/010.23<br \/>Bethesda, MD 20817<\/p>","form_required":1,"form_prints":0,"canada":{"form_label":"","form_instructions":""},"mfid":"mfid606f36215fcaa6.84930659"}},{"element_id":20358,"element_type":"section","data":{"section_label":"Letter","section_instructions":"","section_required":0,"section_sub":0,"section_per_property":0,"section_prints":0,"canada":{"section_label":"","section_instructions":""},"mfid":"mfid607f0e1380c5e0.96767247"}},{"element_id":20359,"element_type":"field","data":{"mfid":"mfid606f36215fcac6.28537961","field_label":"Letter","field_select_type":"Informational text","field_placeholder":"","field_name":"","field_instructions":"<p class=\"MsoNormal\">Marriott International, Inc.<o:p><\/o:p><\/p>\n<p class=\"MsoNormal\"><o:p>&nbsp;<\/o:p><\/p>\n<p class=\"MsoNormal\">Franchise Transactions <br \/>10400 Fernwood Road <br \/>Dept. 51\/010.23<br \/><o:p><\/o:p>Bethesda, MD 20817<br \/><strong><br \/>Re: <span>Application for a Franchise for the Hotel(s) Listed on Schedule A<\/span><\/strong><\/p>\n<p class=\"MsoNormal\"><o:p><\/o:p><\/p>\n<p>Ladies\/Gentlemen:<\/p>\n<p>This application letter, along with our Application Fee payment (in US Dollars) is furnished to Marriott International, Inc. (\"Franchisor\") in order to induce Franchisor to process the application of the undersigned for the hotel(s) listed in Schedule A.<\/p>\n<p>In connection with processing and evaluating the application, Franchisor and its affiliates may rely on each of the following representations, warranties, acknowledgments and agreements and all information provided by us or on our behalf in connection with this application (collectively, the &ldquo;Application&rdquo;).<br \/><br \/><\/p>\n<p><strong>1. The undersigned, jointly and severally, represent and warrant that:&nbsp;<\/strong><\/p>\n<ol>\n<li>All information contained in the Application is true, correct, complete and not misleading through omission of material information, as of the date hereof.<br \/><br \/><\/li>\n<li>The undersigned has authority to submit the Application and enter into a franchise agreement with Franchisor for each hotel listed on Schedule A (each, a &ldquo;Franchise Agreement&rdquo;).&nbsp; Neither the Application nor the execution of the Franchise Agreement(s) will conflict with any obligations of the undersigned to other parties. Franchisor has not induced the undersigned to terminate or breach any agreement with respect to the hotel(s) specified on Schedule A.<br \/><br \/><\/li>\n<li>If this Application is in connection with a proposed change of ownership, the undersigned has executed a binding purchase contract for the purchase of the hotel(s) specified on Schedule A.<br \/><br \/><\/li>\n<li>The undersigned is familiar with the system for each brand of hotel listed on Schedule A (as described in the applicable Franchise Disclosure Document) and its requirements.&nbsp; A Franchise Disclosure Document for each brand of hotel listed on Schedule A has been provided by Franchisor to the undersigned.<br \/><br \/><\/li>\n<li>Neither the undersigned, nor any entity of which the undersigned has held the position of general partner, managing member or beneficial owner, is or has been (i) a defendant in civil litigation alleging fraud, deceit or similar claims; (ii) convicted of a criminal offense or the subject of a pending criminal proceeding (other than minor traffic offenses); (iii) the subject of a petition for protection under any bankruptcy or similar insolvency laws; (iv) a defaulting party in a foreclosure&nbsp;proceeding; or (v) the subject of disciplinary action with respect to the suspension or revocation of a professional or gaming license.<b><\/b><\/li>\n<\/ol>\n<p>Neither the undersigned nor any affiliate of the undersigned (i) has any claims against Franchisor or any of Franchisor&rsquo;s affiliates or (ii) is a Competitor or a Restricted Person, as such terms are defined in the Franchise Agreement(s) in the applicable Franchise Disclosure Document.<br \/><br \/><\/p>\n<p><b>2. The undersigned acknowledges and agrees that:<br \/><\/b><\/p>\n<ol>\n<li>Franchisor reserves the right to approve or deny this Application, in its sole discretion. The undersigned will not acquire any rights by virtue of the submission of the Application whether or not Franchisor approves the Application.&nbsp; Any expenses incurred by or on behalf of the undersigned in connection with this Application (including without limitation any costs of constructing, renovating or operating any hotel that is the subject of this Application) are at the undersigned&rsquo;s sole risk and are not being made in reliance on any action of Franchisor.<br \/><br \/><\/li>\n<li>Franchisor does not enter into oral agreements or understandings with respect to franchises or matters pertaining to the grant of a franchise. Accordingly, there are no agreements or understandings whatsoever between the undersigned and Franchisor with respect to any franchise.<br \/><br \/><\/li>\n<li>Franchisor will engage outside legal counsel to assist in documenting the grant of the franchise for the hotel(s) specified on Schedule A. Whether or not a Franchise Agreement is executed for every hotel listed on Schedule A, the undersigned will be responsible for the payment of such outside counsel&rsquo;s legal fees.<br \/><br \/><\/li>\n<li>An Application Fee has been paid to Franchisor with the Application.&nbsp; The fee may be invested, commingled with other funds of Franchisor or otherwise used by Franchisor, as it deems appropriate in its discretion.&nbsp; Franchisor will not process the Application until it receives full payment of the Application Fee. The Application Fee is nonrefundable, except if for any reason, a Franchise Agreement is not executed for any of the hotels listed on Schedule A, Franchisor will return the Application Fee applicable to such hotel(s) less Ten Thousand Dollars ($10,000) for each hotel listed on Schedule A for which the Application was not approved or for which a Franchise Agreement was not executed (after Franchisor confirms that all outside counsel fees and expenses associated with the transaction have been paid by the undersigned).<br \/><br \/><\/li>\n<li><span>Whether<\/span><span> <\/span>or<span> <\/span>not<span> <\/span><span>Franchisor<\/span><span> <\/span><span>approves<\/span><span> <\/span><span>the<\/span><span> <\/span><span>Application,<\/span><span> <\/span><span>the<\/span><span> <\/span><span>undersigned<\/span><span> <\/span>will<span> <\/span><span>not<\/span><span> <\/span><span>have<\/span><span> <\/span><span>any<\/span><span> <\/span><span>exclusive<\/span><span> <\/span>territorial<span> <\/span>rights.<span> <\/span>Franchisor<span> <\/span>and its affiliates<span> <\/span>may operate or <span>grant <\/span>others the<span> <\/span>right<span> <\/span><span>to <\/span>operate the<span> <\/span>same brand(s)<span> <\/span>of<span> <\/span>hotel(s)<span> <\/span>or<span> <\/span>other<span> <\/span>lodging<span> <\/span>facilities<span> <\/span>and<span> <\/span>other<span> <\/span>businesses<span> <\/span>at any<span> <\/span>location<span> <\/span>including<span> <\/span>locations<span> <\/span>proximate,<span> <\/span>adjacent<span> <\/span>or<span> <\/span>adjoining<span> <\/span>the<span> <\/span>site(s)<span> <\/span>specified<span> <\/span>on<span> <\/span><span>Schedule<\/span><span> <\/span>A.<span> <\/span><span>Franchisor<\/span><span> <\/span><span>may<\/span><span> <\/span>consider<span> <\/span>applications<span> <\/span>from<span> <\/span>other<span> <\/span><span>applicants<\/span><span> <\/span><span>for<\/span><span> <\/span><span>any<\/span><span> <\/span><span>sites<\/span><span> <\/span><span>without<\/span><span> <\/span>liability<span> <\/span>to<span> <\/span>the<span> <\/span>undersigned.<br \/><br \/><o:p><\/o:p><\/li>\n<li>If this Application is in connection with a proposed change of ownership and if Franchisor approves the Application, the undersigned may not take any level of ownership, possession, control or management of a hotel listed on Schedule A or use any of Franchisor&rsquo;s proprietary marks or systems unless and until it has executed the Franchise Agreement (and any related agreements) and has received copies of the Franchise Agreement (and any related agreements) countersigned by Franchisor.&nbsp; The undersigned may not take possession, ownership, control or management of a hotel prior to the Effective Date as stated in the Franchise Agreement.<br \/><br \/><\/li>\n<li>Any financial information provided by the undersigned in connection with this Application (including the financing and debt structure proposed for each hotel listed on Schedule A) will be prepared by the undersigned or their advisors.&nbsp; We acknowledge and agree that Franchisor (i) has not participated in the preparation of that information, and (ii) is not ratifying or approving or making any representations as to the accuracy of that information, or the attainability of any projections.<br \/><br \/><\/li>\n<li>If Franchisor enters into a Franchise Agreement with the undersigned for a hotel listed on Schedule A, and the Effective Date of that Franchise Agreement does not occur on the first day of a Marriott accounting period, the undersigned may be responsible for all amounts due to Franchisor or its affiliates with respect to the hotel for the entire accounting period in which the Effective Date occurs, excluding royalty fees and marketing fund contributions.<\/li>\n<\/ol>\n<p>The undersigned, jointly and severally, hereby indemnifies and agrees to defend Franchisor and its affiliates and Franchisor&rsquo;s directors, officers, employees and agents and to hold them harmless from all losses, liabilities, costs, damages and expenses consequently, directly or indirectly incurred (including legal and accounting fees and expenses) and arising from, as a result of or in connection with the Application, including the breach of any representation or warranty contained in the Application. Franchisor will have the right to take any action it may deem necessary in its sole discretion to protect and defend itself against any threatened action covered by this indemnification without regard to the expense, forum or other parties that may be involved. Franchisor may, in its sole discretion, have sole and exclusive control over the defense of any such action (including the right to be represented by counsel of its choosing) and over the settlement, compromise or other disposition thereof.<br \/><br \/>The undersigned will immediately inform Franchisor of any material change in any information contained in the Application or if the undersigned learns that any representation or warranty is untrue as of the date such representation or warranty was made. If the undersigned is executing this Application on behalf of separate legal entities that have not yet been formed but will be controlled by the undersigned, the undersigned commits to provide all information and documentation related to such separate entities to Franchisor upon their formation and will immediately advise Franchisor of any changes in any information provided in Form 3 of this Application. The terms of this application letter will survive approval or rejection of the Application or failure to enter into a Franchise Agreement.<\/p>\n<p>This application letter will be governed by the law of the State of Maryland without reference to the conflict of laws principles thereof.<\/p>\n<p>This application letter may be executed in several counterparts, each of which will be deemed an original but which together will constitute one and the same instrument.<\/p>\n<p><\/p>\n<p><span style=\"color: #333399;\"><em>This signature page must be printed, signed and returned to Franchisor along with the completed application and supporting documents.<\/em><\/span><\/p>","field_required":0,"field_per_property":0,"field_prints":1,"field_calc_1":null,"field_calc_operator":"add","field_calc_2":null,"field_calc_result":"currency","field_clone_from":null,"field_options":"","field_prepopulate":"","field_no_add":0,"field_template":"","field_destination":"","field_destination_field":"","canada":{"field_label":"","field_placeholder":"","field_instructions":"<p class=\"MsoNormal\">Marriott International, Inc.<o:p><\/o:p><\/p>\n<p class=\"MsoNormal\">Franchise Transactions <br \/>10400 Fernwood Road <br \/>Dept. 51\/010.23<br \/><o:p><\/o:p>Bethesda, MD 20817<o:p><\/o:p><\/p>\n<p class=\"MsoNormal\"><\/p>\n<p><span><strong>RE: <\/strong><strong>Application for a Franchise for the Hotel(s) Listed on Schedule A<\/strong><\/span><\/p>\n<p>Ladies\/Gentlemen:<\/p>\n<p>This application letter, along with our Application Fee payment (in US Dollars) is furnished to the franchisor entity corresponding to the applicable hotel brand referenced in the table below (&ldquo;Franchisor&rdquo;) in order to induce Franchisor to process the application of the undersigned for the hotel(s) listed on Schedule A.<br \/><br \/><\/p>\n<p><strong>FRANCHISOR ENTITIES:<\/strong><span style=\"color: windowtext;\"><o:p><\/o:p><\/span><\/p>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\">\n<tbody>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 35.2273%;\"><strong>&nbsp;<\/strong><span><strong>Brand<\/strong><\/span><\/td>\n<td style=\"height: 18px; width: 32.5994%;\"><strong>&nbsp;<\/strong><span><strong>Franchisor Entity<\/strong><\/span><\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 35.2273%;\">&nbsp;AC Hotels by Marriott<\/td>\n<td style=\"height: 18px; width: 32.5994%;\">&nbsp;ACHM Global Hospitality Licensing S.&agrave; r.l.<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 35.2273%;\">&nbsp;Aloft<\/td>\n<td style=\"height: 18px; width: 32.5994%;\">&nbsp;W International, Inc.<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 35.2273%;\">&nbsp;Autograph Collection; Courtyard by Marriott; Delta Hotels by Marriott; Fairfield&nbsp; &nbsp;Inn\/Fairfield by Marriott; Marriott\/JW Marriott; Moxy Hotels; Renaissance; Residence&nbsp; &nbsp;Inn by Marriott; SpringHill Suites by Marriott; or TownePlace Suites by Marriott&nbsp;<\/td>\n<td style=\"height: 18px; width: 32.5994%;\">&nbsp;Global Hospitality Licensing, S.&agrave; r.l<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 35.2273%;\">&nbsp;Element or Westin<\/td>\n<td style=\"height: 18px; width: 32.5994%;\">&nbsp;Westin Hotel Management, L.P.<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 35.2273%;\">&nbsp;Four Points; Sheraton; or The Luxury Collection<\/td>\n<td style=\"height: 18px; width: 32.5994%;\">&nbsp;Franchise and License (Canadian) Ops Limited Partnership<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 35.2273%;\">&nbsp;Le M&eacute;ridien<\/td>\n<td style=\"height: 18px; width: 32.5994%;\">&nbsp;Starwood (M) International, Inc.<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 35.2273%;\">&nbsp;Tribute Portfolio<\/td>\n<td style=\"height: 18px; width: 32.5994%;\">&nbsp;S Collection, Inc.<\/td>\n<\/tr>\n<tr style=\"height: 18px;\">\n<td style=\"height: 18px; width: 35.2273%;\">&nbsp;Branded Spa (applies to Le M&eacute;ridien, Sheraton or Westin only)<\/td>\n<td style=\"height: 18px; width: 32.5994%;\">&nbsp;Same as the applicable hotel brand<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"MsoNormal\">In connection with Franchisor&rsquo;s evaluation of this application, Franchisor and its affiliates may rely on each of the following representations, warranties, acknowledgments and agreements and all information provided by us or on our behalf in connection with this application (collectively, the &ldquo;Application&rdquo;).<o:p><\/o:p><\/p>\n<p><strong>1. The undersigned, jointly and severally, represent and warrant that:<br \/><\/strong><\/p>\n<ol>\n<li>All information contained in the Application is true, correct, complete and not misleading through omission of material information, as of the date hereof.<br \/><br \/><\/li>\n<li>The undersigned has authority to submit the Application and enter into a franchise agreement with Franchisor for each hotel listed on Schedule A (each, a &ldquo;Franchise Agreement&rdquo;), and will provide evidence of such authority to Franchisor upon request.&nbsp; Neither the Application nor the execution of the Franchise Agreement(s) will conflict with any obligations of the undersigned to other parties. Franchisor has not induced the undersigned to terminate or breach any agreement with respect to the hotel(s) specified on Schedule A.<br \/><br \/><\/li>\n<li>If this Application is in connection with a proposed change of ownership, the undersigned has executed a binding purchase contract for the purchase of the hotel(s) specified on Schedule A.<br \/><br \/><\/li>\n<li>The undersigned is familiar with the system for each brand of hotel listed on Schedule A (as described in the applicable Franchise Disclosure Document) and its requirements.&nbsp; A Franchise Disclosure Document for each brand of hotel listed on Schedule A has been provided by Franchisor to the undersigned.<br \/><br \/><\/li>\n<li>Neither the undersigned, nor any entity of which the undersigned has held the position of general partner, managing member or beneficial owner, is or has been (i) a defendant in civil litigation alleging fraud, deceit or similar claims; (ii) convicted of a criminal offense or the subject of a pending criminal proceeding (other than minor traffic offenses); (iii) the subject of a petition for protection under any bankruptcy or similar insolvency laws; (iv) a defaulting party in a foreclosure&nbsp;proceeding; or (v) the subject of disciplinary action with respect to the suspension or revocation of a professional or gaming license.<\/li>\n<\/ol>\n<p>Neither the undersigned nor any affiliate of the undersigned (i) has any claims against Franchisor or any of Franchisor&rsquo;s affiliates or (ii) is a Competitor or a Restricted Person, as such terms are defined in the Franchise Agreement(s) in the applicable Franchise Disclosure Document.<br \/><br \/><\/p>\n<p><b>2. The undersigned acknowledges and agrees that:<br \/><\/b><\/p>\n<ol>\n<li>Franchisor reserves the right to approve or deny this Application, in its sole discretion. The undersigned will not acquire any rights by virtue of the submission of the Application whether or not Franchisor approves the Application.&nbsp; Any expenses incurred by or on behalf of the undersigned in connection with this Application (including without limitation any costs of constructing, renovating or operating any hotel that is the subject of this Application) are at the undersigned&rsquo;s sole risk and are not being made in reliance on any action of Franchisor.<br \/><br \/><\/li>\n<li>Franchisor does not enter into oral agreements or understandings with respect to franchises or matters pertaining to the grant of a franchise. Accordingly, there are no agreements or understandings whatsoever between the undersigned and Franchisor with respect to any franchise.<br \/><br \/><\/li>\n<li>Franchisor will engage outside legal counsel to assist in documenting the grant of the franchise for the hotel(s) specified on Schedule A. Whether or not a Franchise Agreement is executed for every hotel listed on Schedule A, the undersigned will be responsible for the payment of such outside counsel&rsquo;s legal fees.<br \/><br \/><\/li>\n<li>An Application Fee has been paid to Franchisor with the Application.&nbsp; The fee may be invested, commingled with other funds of Franchisor or otherwise used by Franchisor, as it deems appropriate in its discretion.&nbsp; Franchisor will not process the Application until it receives full payment of the Application Fee. The Application Fee is nonrefundable, except if for any reason, a Franchise Agreement is not executed for any of the hotels listed on Schedule A, Franchisor will return the Application Fee applicable to such hotel(s) less Ten Thousand Dollars ($10,000) for each hotel listed on Schedule A for which the Application was not approved or for which a Franchise Agreement was not executed (after Franchisor confirms that all outside counsel fees and expenses associated with the transaction have been paid by the undersigned).<br \/><br \/><\/li>\n<li>Whether&nbsp;or&nbsp;not&nbsp;Franchisor&nbsp;approves&nbsp;the&nbsp;Application,&nbsp;the&nbsp;undersigned&nbsp;will&nbsp;not&nbsp;have&nbsp;any&nbsp;exclusive&nbsp;territorial&nbsp;rights.&nbsp;Franchisor&nbsp;and its affiliates&nbsp;may operate or&nbsp;grant&nbsp;others the&nbsp;right&nbsp;to&nbsp;operate the&nbsp;same brand(s)&nbsp;of&nbsp;hotel(s)&nbsp;or&nbsp;other&nbsp;lodging&nbsp;facilities&nbsp;and&nbsp;other businesses at any location including locations proximate, adjacent or adjoining the site(s) specified on Schedule A. Franchisor may consider applications from other applicants for any sites without liability to the undersigned.<br \/><br \/><o:p><\/o:p><\/li>\n<li>If this Application is in connection with a proposed change of ownership and if Franchisor approves the Application, the undersigned may not take any level of ownership, possession, control or management of a hotel listed on Schedule A or use any of Franchisor&rsquo;s proprietary marks or systems unless and until it has executed the Franchise Agreement (and any related agreements) and has received copies of the Franchise Agreement (and any related agreements) countersigned by Franchisor.&nbsp; The undersigned may not take possession, ownership, control or management of a hotel prior to the Effective Date as stated in the Franchise Agreement.<br \/><br \/><\/li>\n<li>Any financial information provided by the undersigned in connection with this Application (including the financing and debt structure proposed for each hotel listed on Schedule A) will be prepared by the undersigned or their advisors.&nbsp; We acknowledge and agree that Franchisor (i) has not participated in the preparation of that information, and (ii) is not ratifying or approving or making any representations as to the accuracy of that information, or the attainability of any projections.<br \/><br \/><\/li>\n<li>If Franchisor enters into a Franchise Agreement with the undersigned for a hotel listed on Schedule A, and the Effective Date of that Franchise Agreement does not occur on the first day of a Marriott accounting period, the undersigned may be responsible for all amounts due to Franchisor or its affiliates with respect to the hotel for the entire accounting period in which the Effective Date occurs, excluding royalty fees and marketing fund contributions.<\/li>\n<\/ol>\n<p>The undersigned, jointly and severally, hereby indemnifies and agrees to defend Franchisor and its affiliates and Franchisor&rsquo;s directors, officers, employees and agents and to hold them harmless from all losses, liabilities, costs, damages and expenses consequently, directly or indirectly incurred (including legal and accounting fees and expenses) and arising from, as a result of or in connection with the Application, including the breach of any representation or warranty contained in the Application. Franchisor will have the right to take any action it may deem necessary in its sole discretion to protect and defend itself against any threatened action covered by this indemnification without regard to the expense, forum or other parties that may be involved. Franchisor may, in its sole discretion, have sole and exclusive control over the defense of any such action (including the right to be represented by counsel of its choosing) and over the settlement, compromise or other disposition thereof.<br \/><br \/>The undersigned will immediately inform Franchisor of any material change in any information contained in the Application or if the undersigned learns that any representation or warranty is untrue as of the date such representation or warranty was made. If the undersigned is executing this Application on behalf of separate legal entities that have not yet been formed but will be controlled by the undersigned, the undersigned commits to provide all information and documentation related to such separate entities to Franchisor upon their formation and will immediately advise Franchisor of any changes in any information provided in Form 3 of this Application. The terms of this application letter will survive approval or rejection of the Application or failure to enter into a Franchise Agreement.<\/p>\n<p>This application letter will be governed by the law of the State of Maryland without reference to the conflict of laws principles thereof.<\/p>\n<p>This application letter may be executed in several counterparts, each of which will be deemed an original but which together will constitute one and the same instrument.<\/p>\n<p><\/p>\n<p><span style=\"color: #0000ff;\"><em><strong>This signature page must be printed, signed and returned to Franchisor along with the completed application and supporting documents.<\/strong><\/em><\/span><\/p>"}}},{"element_id":20360,"element_type":"field","data":{"field_label":"Signatures","field_select_type":"Admin Signature","field_placeholder":"","field_name":"signatures","field_instructions":"","field_required":1,"field_per_property":0,"field_prints":0,"field_options":"","field_prepopulate":"","field_template":"","field_destination":"","field_destination_field":"","canada":{"field_label":"","field_placeholder":"","field_instructions":""},"mfid":"mfid606f36215fcb04.50421175"}},{"element_id":20361,"element_type":"section","data":{"section_label":"Schedule A","section_sub":"0","section_prints":"0","section_instructions":"","section_required":"0","mfid":"mfid606f36215fcb35.39890981"}},{"element_id":20362,"element_type":"field","data":{"field_label":"Property List","field_select_type":"property_list","field_placeholder":"","field_name":"","field_instructions":"","field_required":0,"field_per_property":0,"field_prints":0,"field_options":"","field_prepopulate":"","field_template":"","field_destination":"","field_destination_field":"","canada":{"field_label":"","field_placeholder":"","field_instructions":""},"mfid":"mfid606f36215fcb53.77234927"}},{"element_id":20363,"element_type":"form","data":{"form_label":"Franchise Application Form 2","form_instructions":"<p style=\"text-align: center;\"><strong><span style=\"color: #000000;\">For each Hotel and Franchisee subject to this Application<\/span><\/strong><\/p>\n<p><\/p>\n<p><span style=\"color: #000000;\">&nbsp;<\/span><\/p>","form_required":1,"form_prints":0,"canada":{"form_label":"","form_instructions":""},"mfid":"mfid606f36215fcb88.26743238"}},{"element_id":20364,"element_type":"section","data":{"section_label":"Purchase Terms","section_instructions":"<p><span id=\"docs-internal-guid-4eaf7a24-7fff-2ad4-282c-641e26f2a88f\"><\/span><\/p>\n<p dir=\"ltr\" style=\"margin-top: 0pt; margin-right: -21.6pt; margin-bottom: 0pt; text-align: left;\"><span><strong><span style=\"color: #000000;\">COMPLETE ONLY FOR THOSE HOTELS SUBJECT TO A PROPOSED CHANGE OF OWNERSHIP<\/span><\/strong><\/span><\/p>\n<p dir=\"ltr\" style=\"margin-top: 0pt; margin-right: -21.6pt; margin-bottom: 0pt;\"><span style=\"color: #000000;\"><\/span><\/p>\n<p dir=\"ltr\" style=\"margin-top: 0pt; margin-right: -21.6pt; margin-bottom: 0pt;\"><span>Please submit a copy of the Purchase &amp; Sale Agreement with your application.<br \/><\/span><\/p>\n<p dir=\"ltr\" style=\"margin-top: 0pt; margin-right: -21.6pt; margin-bottom: 0pt;\"><span><\/span><\/p>\n<p dir=\"ltr\" style=\"margin-top: 0pt; margin-right: -21.6pt; margin-bottom: 0pt;\"><span>An executed deed in the name of the franchisee (or owner) along with proof of insurance as required by the Franchise Agreement issued to Franchisee must be received by Franchisor prior to the execution of the Franchise Agreement. <\/span><\/p>\n<p><span style=\"color: #000000;\">&nbsp;<\/span><\/p>","section_required":0,"section_sub":0,"section_prints":0,"canada":{"section_label":"","section_instructions":""},"mfid":"mfid606f36215fcba9.00800197"}},{"element_id":20365,"element_type":"field","data":{"field_label":"Hotel Name","field_select_type":"Text input small","field_placeholder":"","field_name":"","field_instructions":"","field_required":0,"field_per_property":0,"field_prints":0,"field_options":"{\"cols\":\"1\",\"rows\":\"2\",\"data\":[[{\"label\":\"Hotel Name\",\"type\":\"text\"}]]}","field_prepopulate":"","field_template":"","field_destination":"","field_destination_field":"","canada":{"field_label":"","field_placeholder":"","field_instructions":""},"mfid":"mfid606f36215fcbc8.93827546"}},{"element_id":20366,"element_type":"field","data":{"field_label":"Closing Date","field_select_type":"date_field","field_placeholder":"","field_name":"","field_instructions":"","field_required":0,"field_per_property":0,"field_prints":0,"field_options":"","field_prepopulate":"","field_template":"","field_destination":"","field_destination_field":"","canada":{"field_label":"","field_placeholder":"","field_instructions":""},"mfid":"mfid606f36215fcbf1.33481240"}},{"element_id":20367,"element_type":"field","data":{"field_label":"Purchase Price","field_select_type":"currency_field","field_placeholder":"","field_name":"","field_instructions":"","field_required":0,"field_per_property":0,"field_prints":0,"field_options":"","field_prepopulate":"","field_template":"","field_destination":"","field_destination_field":"","canada":{"field_label":"","field_placeholder":"","field_instructions":""},"mfid":"mfid606f36215fcc16.30775034"}},{"element_id":20368,"element_type":"field","data":{"field_label":"Amount of Equity","field_select_type":"currency_field","field_placeholder":"","field_name":"","field_instructions":"","field_required":0,"field_per_property":0,"field_prints":0,"field_options":"","field_prepopulate":"","field_template":"","field_destination":"","field_destination_field":"","canada":{"field_label":"","field_placeholder":"","field_instructions":""},"mfid":"mfid606f36215fcc34.37569553"}},{"element_id":20369,"element_type":"field","data":{"field_label":"Sources of Equity","field_select_type":"Text input small","field_placeholder":"","field_name":"","field_instructions":"","field_required":0,"field_per_property":0,"field_prints":0,"field_options":"","field_prepopulate":"","field_template":"","field_destination":"","field_destination_field":"","canada":{"field_label":"","field_placeholder":"","field_instructions":""},"mfid":"mfid606f36215fcc65.67626041"}},{"element_id":20370,"element_type":"section","data":{"section_label":"Financing","section_instructions":"<p>If secured by the hotel(s), please indicate:<\/p>\n<p>An executed deed in the name of the franchisee (or owner) along with proof of insurance as required by the Franchise Agreement and the standards must be received by Franchisor prior to its execution of the Franchise Agreement.<\/p>\n<p>Please submit current financial statements, including the most recent audited financial statement and the most recent quarterly financial statement for the proposed franchisee and its general partner(s), managing member(s) or principal shareholder(s). If the franchisee has more than one level of ownership in its ownership structure, please also provide the most recent quarterly financial statement for the ultimate owners of the general partner(s), managing member(s) or principal shareholder(s) of franchisee.<\/p>\n<p>We require the franchisee&rsquo;s principals to guaranty the franchisee's obligations under the franchise agreement. In some cases, we will accept the guaranty of an entity with substantial net worth instead of some or all of the principals of the franchisee. The primary determining factors will be (i) the net worth and liquidity of the proposed guarantor; (ii) the credit history and the operating history of the proposed guarantor; and (iii) the debt structure applicable to the hotel.&nbsp; If you propose an entity to serve as the guarantor, you must submit financial statements for that entity. If such entity is accepted, you will also need to provide the information requested on Form 3 for such entity as an Applicant Entity.<\/p>","section_required":1,"section_sub":0,"section_per_property":1,"section_prints":0,"canada":{"section_label":"","section_instructions":""},"mfid":"mfid60746f41f18bd7.50737090"}},{"element_id":20371,"element_type":"field","data":{"mfid":"mfid606f36215fcca8.36515960","field_label":"Mortgage Amount","field_select_type":"currency_field","field_placeholder":"","field_name":"Mortgage 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Owner)<\/strong><\/p>","section_required":"0","mfid":"mfid606f36215fce84.12161136"}},{"element_id":20385,"element_type":"field","data":{"field_label":"Applicant Entity name","field_name":"","field_required":"0","field_prints":"0","field_select_type":"Text input small","field_placeholder":"","field_options":"","field_instructions":"","field_pre_populate":"","field_destination":"","field_destination_field":"","field_per_property":"0","field_prepopulate":"","mfid":"mfid606f36215fcea3.10957712"}},{"element_id":20386,"element_type":"field","data":{"field_label":"Type of Entity","field_name":"","field_required":"0","field_prints":"0","field_select_type":"Radio buttons","field_placeholder":"","field_options":"Estate,General Partnership,Individual,Joint Venture,Limited Liability Company,Limited Partnership,Privately Held Corporation,Public Corporation,Syndicated Limited 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unless otherwise noted, for each Participant, depending on the type of entity. 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