FLOOD ZONE; ELEVATION CERTIFICATION Sample Clauses

FLOOD ZONE; ELEVATION CERTIFICATION. Buyer is advised to verify by elevation certificate which flood zone the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to improving the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” or “Coastal Barrier Resources Act” designated area or otherwise protected area identified by the U.S. Fish and Wildlife Service under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s) and /or flood insurance rating purposes is below minimum flood elevation or is ineligible for flood insurance through the National Flood Insurance Program, Buyer may terminate this Contract by delivering written notice to Seller within (if left blank, then 20) days after Effective Date, and Buyer shall be refunded the Deposit thereby releasing Buyer and Seller from all further obligations under this Contract, failing which Buyer accepts existing elevation of buildings and flood zone designation of Property. The National Flood Insurance Reform Act of 2012 (referred to as Xxxxxxx- Xxxxxx 2012) may phase in actuarial rating of pre-Flood Insurance Rate Map (pre-FIRM) non-primary structures (residential structures in which the insured or spouse does not reside for at least 80% of the year) and an elevation certificate may be required for actuarial rating.
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FLOOD ZONE; ELEVATION CERTIFICATION. Buyer is advised to verify by elevation certificate which flood 250 zone the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to 251 improving the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” 252 or “Coastal Barrier Resources Act” designated area or otherwise protected area identified by the U.S. Fish and 253 Wildlife Service under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s) and/or 254 flood insurance rating purposes is below minimum flood elevation or is ineligible for flood insurance coverage 255 through the National Flood Insurance Program or private flood insurance as defined in 42 U.S.C. §4012a, Buyer 256 may terminate this Contract by delivering written notice to Seller within (if left blank, then 20) days after 257 Effective Date, and Buyer shall be refunded the Deposit thereby releasing Buyer and Seller from all further 258 obligations under this Contract, failing which Buyer accepts existing elevation of buildings and flood zone 259 designation of Property. The National Flood Insurance Program may assess additional fees or adjust premiums 260 for pre-Flood Insurance Rate Map (pre-FIRM) non-primary structures (residential structures in which the insured 261 or spouse does not reside for at least 50% of the year) and an elevation certificate may be required for actuarial 262 rating.
FLOOD ZONE; ELEVATION CERTIFICATION. Buyer is advised to verify by elevation certificate which flood one the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to improving the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” or “Coastal High Hazard Area” and finished floor elevation is below minimum flood elevation, Buyer may terminate this Contract by delivering written notice to Seller within 20 days after Effective Date, failing which Buyer accepts existing elevation of buildings and flood zone designation of Property.
FLOOD ZONE; ELEVATION CERTIFICATION. Buyer is advised to verify by elevation certificate which flood zone 200 the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to improving 201 the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” or “Coastal 202 Barrier Resources Act” designated area or otherwise protected area identified by the U.S. Fish and Wildlife Service 203 under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s) and /or flood insurance 204 rating purposes is below minimum flood elevation or is ineligible for flood insurance coverage through the National 205 Flood Insurance Program or private flood insurance as defined in 42 U.S.C. §4012a, Buyer may terminate this 206 Contract by delivering written notice to Seller within (if left blank, then 20) days after Effective Date, and 207 Buyer shall be refunded the Deposit thereby releasing Buyer and Seller from all further obligations under this 208 Contract, failing which Buyer accepts existing elevation of buildings and flood zone designation of Property. The 209 National Flood Insurance Program Reform Act of 2012 (referred to as Xxxxxxx-Xxxxxx 2012) may phase in actuarial 210 rating of assess additional fees or adjust premiums for pre-Flood Insurance Rate Map (pre-FIRM) non-primary 211 structures (residential structures in which the insured or spouse does not reside for at least 80 50% of the year) and 212 an elevation certificate may be required for actuarial rating.

Related to FLOOD ZONE; ELEVATION CERTIFICATION

  • Flood Certification Contract The Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;

  • Flood Zone None of the Improvements on the Property are located in an area as identified by the Federal Emergency Management Agency as an area having special flood hazards, or, if so located, the flood insurance required pursuant to Section 6.1(a)(i) is in full force and effect with respect to the Property.

  • OFAC Certification Company certifies that (i) it is not acting on behalf of any person, group, entity, or nation named by any Executive Order or the United States Treasury Department, through its Office of Foreign Assets Control (“OFAC”) or otherwise, as a terrorist, “Specially Designated Nation”, “Blocked Person”, or other banned or blocked person, entity, nation, or transaction pursuant to any law, order, rule or regulation that is enforced or administered by OFAC or another department of the United States government, and (ii) Company is not engaged in this transaction on behalf of, or instigating or facilitating this transaction on behalf of, any such person, group, entity or nation.

  • TERMINATION CERTIFICATION Upon separation from employment with the Company, I agree to immediately sign and deliver to the Company the “Termination Certification” attached hereto as Exhibit C. I also agree to keep the Company advised of my home and business address for a period of three (3) years after termination of my employment with the Company, so that the Company can contact me regarding my continuing obligations provided by this Agreement.

  • DEBARMENT AND SUSPENSION CERTIFICATION CONTRACTOR certifies that it and its principals:

  • Exhibit D - Debarment Certification By signing and submitting this Contract, the Contractor is agreeing to abide by the debarment requirements as set out below.

  • AS9100 Certification ‌ AS9100 Certification, specifies requirements for a quality management system to demonstrate the Contractor’s ability to consistently meet the customer requirements as well as statutory and regulatory requirements for the aerospace industry. An AS9100 Certification, is not mandatory; however, Contractors who desire to compete for work within the aerospace industry are encouraged to have AS9100 Certification, during the entire term of OASIS. The Contractor shall notify the OASIS CO, in writing, if there are any changes in the status of their AS9100 Certification, and provide the reasons for the change and copies of audits from an AS9100 Certification Body, as applicable. If only part of a Contractor’s organization is AS9100, certified, the Contractor shall make the distinction between which business units or sites and geographic locations have been certified.

  • CLEC Certification 8.1 Notwithstanding any other provision of this Agreement, CenturyLink shall have no obligation to perform under this Agreement until such time as CLEC has obtained such FCC and Commission authorization(s) as may be required by Applicable Law for conducting business in the State as a competitive local exchange carrier. CLEC shall not be permitted to establish its account nor place any orders under this Agreement until it has obtained such authorization and provided proof of such to CenturyLink. For the life of this Agreement, CLEC must represent and warrant to CenturyLink that it remains a certified local provider of Telephone Exchange Service within CenturyLink’s Local Calling Area(s) in the State. At any time during the life of this Agreement, CLEC will provide a copy of its current Certificate of Operating Authority or other evidence of its status to CenturyLink upon request. CLEC’s failure to maintain such authorization(s) as may be required by Applicable Law for conducting business in the State as a CLEC shall be considered a Default of Agreement.

  • Tax Service Contract; Flood Certification Contract Each Mortgage Loan is covered by a paid in full, life of loan, tax service contract and a paid in full, life of loan, flood certification contract and each of these contracts is assignable to the Purchaser;

  • COMPENSATION CERTIFICATION Labor Code Section 3700 in relevant part provides: Every employer except the State shall secure the payment of compensation in one or more of the following ways:  By being insured against liability to pay compensation by one or more insurers duly authorized to write compensation insurance in this State.  By securing from the Director of Industrial Relations a certificate of consent to self-insure, which may be given upon furnishing satisfactory proof to the Director of Industrial Relations of ability to self-insure and to pay any compensation that may become due to its employees. I am aware of the provisions of Section 3700 of the Labor Code which require every employer to be insured against liability for workers’ compensation or to undertake self-insurance in accordance with the provisions of that code, and I will comply with such provisions before commencing the performance of the Work of this Contract. Date: Name of Consultant: Signature: Print Name and Title: (In accordance with Article 5 – commencing at Section 1860, Chapter 1, part 7, Division 2 of the Labor Code, the above certificate must be signed and filed with the District prior to performing any Work under this Contract.) Consultant’s entire Proposal is not made part of this Agreement.

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