Common use of Flood Report Clause in Contracts

Flood Report. Borrower shall have provided to Lender evidence satisfactory to Lender as to whether (a) each Existing Project, or any portion thereof, is located in an area designated by the Department of Housing and Urban Development as having special flood or mudslide hazards, and (b) the community in which said Existing Project is located is participating in the National Flood Insurance Program.

Appears in 4 contracts

Samples: Revolving Line of Credit Loan Agreement, Revolving Line of Credit Loan Agreement (TRI Pointe Homes, Inc.), Revolving Line of Credit Loan Agreement (William Lyon Homes)

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Flood Report. Borrower shall have provided to Lender evidence satisfactory to Lender as to whether (a) each Existing Project, or any portion thereof, is located in an area designated by the Department of Housing and Urban Development as having special flood or mudslide hazards, and (b) the community in which said such Existing Project is located is participating in the National Flood Insurance Program.

Appears in 1 contract

Samples: Revolving Line of Credit Loan Agreement (William Lyon Homes)

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