Common use of Flood Hazard Insurance Clause in Contracts

Flood Hazard Insurance. With respect to each Collateral Property as to which a Security Instrument has been delivered, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as described in Annex I, (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 Collateral Property into or out of a special flood hazard area.

Appears in 9 contracts

Samples: Credit Agreement (Diversified Healthcare Trust), Credit Agreement (Service Properties Trust), Credit Agreement (Service Properties Trust)

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Flood Hazard Insurance. With respect to each Collateral Property as to which a Security Instrument has been deliveredProperty, the Administrative Agent has received (ai) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as described in Annex I, (bii) 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 (ciii) except as the Borrower has previously given written notice thereof to the Administrative Agent, there has been no redesignation of any Collateral Property into or out of a special flood hazard area.

Appears in 1 contract

Samples: Credit Agreement (Office Properties Income Trust)

Flood Hazard Insurance. With respect to each Collateral Property as to which a Security Instrument has been deliveredProperty, the Administrative Agent has received (a) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as described in Annex I, (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 Collateral Property into or out of a special flood hazard area.

Appears in 1 contract

Samples: Credit Agreement (Service Properties Trust)

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Flood Hazard Insurance. With respect to each Collateral Property as parcel of real property subject to which a Security Instrument has been deliveredMortgage, the Administrative Agent has received (ai) such flood hazard certifications, notices and confirmations thereof, and effective flood hazard insurance policies as described in Annex Iare required by this Agreement and the other Loan Documents, (bii) 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 (ciii) except as the Borrower has previously given written notice thereof to the Administrative Agent, there has been no redesignation of any Collateral Property real property into or out of a special flood hazard area.

Appears in 1 contract

Samples: Second Amendment and Incremental Facility Agreement (Gray Television Inc)

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