Flood Hazard Zone. Tenant acknowledges that if the Option ----------------- Property is located in an area which the Secretary of HUD has found to have special flood hazards, then pursuant to the National Flood Insurance Program, Tenant will be required to purchase flood insurance in order to obtain any loan secured by the Option Property from any federally regulated financial institution or a loan insured or guaranteed by an agency of the United States government. Tenant shall have sole responsibility to determine whether the Option Property is located in an area which is subject to the National Flood Insurance Program.
Appears in 3 contracts
Samples: Lease (At Home Corp), Build to Suit Lease (At Home Corp), Build to Suit Lease (At Home Corp)
Flood Hazard Zone. Tenant acknowledges that if the Option ----------------- Property is located in an area which the Secretary of HUD has found to have special flood hazards, then pursuant to the National Flood Insurance Program, Tenant will be required to purchase flood insurance in order to obtain any loan secured by the Option Property from any federally regulated financial institution or a loan insured or guaranteed by an agency of the United States government. Tenant shall have sole responsibility to determine whether the Option Property is located in an area which is subject to the National Flood Insurance Program.
Appears in 2 contracts
Samples: Build to Suit Lease (At Home Corp), Build to Suit Lease (At Home Corp)
