Common use of Flood Hazard Insurance Clause in Contracts

Flood Hazard Insurance. With respect to each parcel of real property required to be subject to a Mortgage, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as are described in Schedule 6.14(d) with respect to real property collateral on the Closing Date, (b) all flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full, and (c) except as the Borrower has previously given written notice thereof to the Administrative Agent, there has been no redesignation of any real property into or out of a special flood hazard area.

Appears in 3 contracts

Samples: First Lien Term Loan Credit Agreement (Turning Point Brands, Inc.), Second Lien Term Loan Credit Agreement (Turning Point Brands, Inc.), Revolving Credit Agreement (Turning Point Brands, Inc.)

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Flood Hazard Insurance. With respect to each parcel of real property required to be subject to a Mortgage, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as are described in Schedule 6.14(d) with respect to real property collateral on the Closing Datepolicies, (b) all flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full, and (c) except as the Borrower has previously given written notice thereof to the Administrative Agent, there has been no redesignation of any real property into or out of a special flood hazard area.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Turning Point Brands, Inc.), First Lien Credit Agreement (Turning Point Brands, Inc.)

Flood Hazard Insurance. With respect to each parcel of real property required to be subject to a Mortgage, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as are described in Schedule 6.14(dSection 6.1(d)(iii) with respect to real property collateral on the Closing Date, (b) all flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full, and (c) except as the Borrower has previously given written notice thereof to the Administrative Agent, there has been no redesignation of any real property into or out of a special flood hazard area.

Appears in 2 contracts

Samples: Credit Agreement (Fidelity National Financial, Inc.), Credit Agreement (Fidelity National Financial, Inc.)

Flood Hazard Insurance. With respect to each parcel of real property required to be subject to a Mortgage, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as are described in Schedule 6.14(d) with respect to real property collateral on the Closing Datepolicies, (b) all flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full, and (c) except as the Borrower has Borrowers have previously given written notice thereof to the Administrative Agent, there has been no redesignation of any real property into or out of a special flood hazard area.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Turning Point Brands, Inc.), First Lien Credit Agreement (Turning Point Brands, Inc.)

Flood Hazard Insurance. With respect to each parcel of real property required to be subject to a Mortgage, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as are described in Schedule 6.14(dSection 6.1(e) with respect to real property collateral on the Closing Date, (b) all flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full, and (c) except as the Borrower has previously given written notice thereof to the Administrative Agent, there has been no redesignation of any real property into or out of a special flood hazard area.

Appears in 1 contract

Samples: Credit Agreement (STAMPS.COM Inc)

Flood Hazard Insurance. With respect to each parcel of real property required to be subject to a Mortgage, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as are described in Schedule 6.14(dSection 6.1(d)(iii) with respect to real property collateral on the Closing Date, (b) all flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums due and payable thereon have been paid in full, and (c) except as the Borrower has Borrowers have previously given written notice thereof to the Administrative Agent, there has been no redesignation of any real property into or out of a special flood hazard area.

Appears in 1 contract

Samples: Credit Agreement (KMG Chemicals Inc)

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Flood Hazard Insurance. With respect to each parcel of real property required to be Real Property subject to a Mortgage, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as are described reasonably required by Agent (after giving effect to any extension of time in Schedule 6.14(d3.6) with respect to real property collateral on the Closing DateReal Property collateral, (b) all flood hazard insurance policies required hereunder have been obtained and shall remain in full force and effect, and the premiums thereon have been shall be paid in fullfull at all times, and (c) except as the Borrower has Borrowers have previously given written notice thereof to the Administrative Agent, there has been no redesignation of any real property into or out of a special flood hazard area.

Appears in 1 contract

Samples: Credit Agreement (Inventure Foods, Inc.)

Flood Hazard Insurance. With respect to each parcel of real property required to be subject to a Mortgage, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as are described in Schedule 6.14(d) with respect to real property collateral on the Closing Datepolicies, (b) all flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full, and (c) except as the Borrower has previously given written notice thereof to the Administrative Agent, there has been no redesignation of any real property into or out of a special flood hazard area. -57- Section 5.25.

Appears in 1 contract

Samples: Second Lien Credit Agreement

Flood Hazard Insurance. With respect to each parcel of real property required to be Real Property subject to a Mortgage, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as are described in Schedule 6.14(d5.12 (after giving effect to any extension of time in Schedule 3.6) with respect to real property collateral on the Closing DateReal Property collateral, (b) all flood hazard insurance policies required hereunder have been obtained and shall remain in full force and effect, and the premiums thereon have been shall be paid in fullfull at all times, and (c) except as the Borrower has Borrowers have previously given written notice thereof to the Administrative Agent, there has been no redesignation of any real property into or out of a special flood hazard area.

Appears in 1 contract

Samples: Credit Agreement (Inventure Foods, Inc.)

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