Common use of Flood Hazard Determination Clause in Contracts

Flood Hazard Determination. A “Life-of-Loan” Federal Emergency Management Agency Standard Flood Hazard Determination with respect to each Mortgaged Property (together with a notice about special flood hazard area status and flood disaster assistance duly executed by the Borrower and each Credit Party relating thereto and evidence of flood insurance in compliance with Section 9.3 of the Credit Agreement, in the event any such Mortgaged Property is located in a special flood hazard area).

Appears in 3 contracts

Samples: Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp)

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Flood Hazard Determination. A “a "Life-of-Loan" Federal Emergency Management Agency Standard Flood Hazard Determination with respect to each parcel of Mortgaged Property (together with a notice about special flood hazard area status and flood disaster assistance assistance, duly executed by the Borrower and each Credit Party relating thereto Company or the applicable Loan Party, and evidence of flood insurance in compliance with Section 9.3 of the Credit Agreementinsurance, in the event any such parcel of Mortgaged Property is located in a special flood hazard area).; and

Appears in 1 contract

Samples: Credit Agreement (Smithfield Foods Inc)

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