Common use of Flood Hazard Zone Clause in Contracts

Flood Hazard Zone. Purchaser acknowledges that if the Real Property is located in an area which the Secretary of the Department of Housing and Urban Development has found to have special flood hazards, then pursuant to the National Flood Insurance Program, Purchaser will be required to purchase flood insurance in order to obtain a loan secured by the Real Property from a federally regulated financial institution or a loan insured or guaranteed by an agency of the United State government. Seller shall have no responsibility to determine whether the Real Property is located in an area which is subject to the National Flood Insurance Program.

Appears in 6 contracts

Samples: Agreement of Sale and Purchase (Hines Global REIT, Inc.), Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc), Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc)

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Flood Hazard Zone. Purchaser Buyer acknowledges that if the Real Property is located in an area which the Secretary of the Department of Housing and Urban Development HUD has found to have special flood hazards, then pursuant to the National Flood Insurance Program, Purchaser Buyer will be required to purchase flood insurance in order to obtain a any loan secured by the Real Property from a any federally regulated financial institution or a loan insured or guaranteed by an agency of the United State States government. Seller Buyer shall have no sole responsibility to determine whether the Real Property is located in an area which is subject to the National Flood Insurance Program.

Appears in 5 contracts

Samples: Purchase and Sale Agreement and Escrow Instructions, Purchase and Sale Agreement and Escrow Instructions, Purchase and Sale Agreement and Escrow Instructions (Zynga Inc)

Flood Hazard Zone. Purchaser acknowledges that if the Real Property is located in an area which the Secretary of the Department of Housing and Urban Development has found to have special flood hazards, then pursuant to the National Flood Insurance Program, Purchaser will be required to purchase flood insurance in order to obtain a loan secured by the Real Property from a federally regulated financial institution or a loan insured or guaranteed by an agency of the United State government. Seller Sellers shall have no responsibility to determine whether the Real Property is located in an area which is subject to the National Flood Insurance Program.

Appears in 4 contracts

Samples: Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc), Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc), Agreement of Sale and Purchase (Preferred Apartment Communities Inc)

Flood Hazard Zone. Purchaser acknowledges that if the Real Property is located in an area which the Secretary of the Department of Housing and Urban Development has found to have special flood hazards, then pursuant to the National Flood Insurance Program, Purchaser will be required to purchase flood insurance in order to obtain a loan secured by the Real Property from a federally regulated financial institution or a loan insured or guaranteed by an agency of the United State States government. Seller shall have no responsibility to determine whether the Real Property is located in an area which is subject to the National Flood Insurance Program.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase (HGR Liquidating Trust), Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc)

Flood Hazard Zone. Purchaser Buyer acknowledges that if the Land or Real Property is located in an area which that the Secretary of the Department of Housing and Urban Development has found to have special flood hazards, then pursuant to the National Flood Insurance Program, Purchaser will Buyer may be required to purchase flood insurance in order to obtain a loan secured by the Real Property from a any federally regulated financial institution or a loan insured or guaranteed by an agency of the United State States government. Seller Buyer shall have no sole responsibility to determine whether the Real Property or Land is located in an area which that is subject to the National Flood Insurance Program.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Applied Micro Circuits Corp)

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Flood Hazard Zone. Purchaser acknowledges that if the Real Property is located in an area which the Secretary of the Department of Housing and Urban Development has found to have special flood hazards, then pursuant to the National Flood Insurance Program, Purchaser will be required to purchase flood insurance in order to obtain a loan secured by the Real Property from a federally regulated financial institution or a loan insured or guaranteed by an agency of the United State States government. Seller Sellers shall have no responsibility to determine whether the Real Property is located in an area which is subject to the National Flood Insurance Program.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (HGR Liquidating Trust)

Flood Hazard Zone. Purchaser acknowledges that if the Real Property is located in an area which the Secretary of the Department of Housing and Urban Development has found to have special flood hazards, then pursuant to the National Flood Insurance Program, Purchaser will be required to purchase flood insurance in order to obtain a loan secured by the Real Property from a any federally regulated financial institution or a loan insured or guaranteed by an agency of the United State States government. Seller shall have no responsibility to determine whether the Real Property is located in an area which is subject to the National Flood Insurance Program.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hines Real Estate Investment Trust Inc)

Flood Hazard Zone. Purchaser Buyer acknowledges that if the Real Property is ----------------- located in an area which the Secretary of the Department of Housing and Urban Development HUD has found to have special flood hazards, then pursuant to the National Flood Insurance Program, Purchaser Buyer will be required to purchase flood insurance in order to obtain a any loan secured by the Real Property from a any federally regulated financial institution or a loan insured or guaranteed by an agency of the United State States government. Seller Buyer shall have no sole responsibility to determine whether the Real Property is located in an area which is subject to the National Flood Insurance Program.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Escrow Instructions (Netiq Corp)

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