Flood Zones. Except as set forth on Schedule 3.06 with respect to any Mortgaged Property on the Effective Date, no portion of any Mortgaged Property has Improvements located in an area identified by FEMA as an area having special flood hazards pursuant to the Flood Insurance Acts. With respect to any Mortgaged Property that has Improvements located in an area identified by FEMA as an area having special flood hazards pursuant to the Flood Insurance Acts, the applicable Loan Party has obtained the insurance required pursuant to Section 5.09(b).
Flood Zones. Per § 46:8-50 if the property is located in a flood zone the Lessor must identify this to the Lessee at the time of commencement. The official FEMA map may be found at this web address xxxx://xxx.xxxxxx0xxxxxxx.xxx/view-flood-maps-data/what-is-my-bfe-address-lookup-tool/.
Flood Zones. As of the date of the initial Credit Extension, no portion of any Mortgaged Property is located in an area identified by the Federal Emergency Management Agency or any successor thereto as an area having special flood hazards pursuant to the Flood Insurance Acts, except as listed on Item 6.24 (“Flood Zones”) of the Disclosure Schedule.
Flood Zones. Except (a) as could not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, (b) as shown on the surveys delivered to the Administrative Agent pursuant to Section 4.01(s)(ii), or (c) to the extent that the Company has provided a reasonably detailed notice thereof to the Administrative Agent, no portion of any Mortgaged Property or any Specified Property is located in an area identified by FEMA as an area having special flood hazards pursuant to the Flood Insurance Acts. With respect to any Mortgaged Property or Specified Property that is located in an area identified by FEMA as an area having special flood hazards pursuant to the Flood Insurance Acts, the applicable Loan Party has obtained, or will promptly obtain, the insurance required pursuant to Section 5.09(b).
Flood Zones. Purchaser is aware that the property may or may not lie within a special flood hazard area and acknowledges that the parcel may be located in an area designated by the Department of Housing and Urban Development (HUD) as a special flood hazard area as delineated on the National Flood Insurance Map and, in the event a loan is required by a financial institution, flood insurance may be required for the term of the loan.
Flood Zones. Except (a) as could not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, (b) as shown on the surveys delivered to the Administrative Agent pursuant to Section 4.01(n)(ii), or (c) to the extent that the Company has provided a reasonably detailed notice thereof to the Administrative Agent, no portion of any Mortgaged Property is located in an area identified by FEMA as an area having special flood hazards pursuant to the Flood Insurance Acts. With respect to any Mortgaged Property that is located in an area identified by FEMA as an area having special flood hazards pursuant to the Flood Insurance Acts, the applicable Loan Party has obtained, or will promptly obtain, the insurance required pursuant to Section 5.09(b).
Flood Zones. Surveyor must list the applicable flood zone designation for the Property. If any portion of the Property is within a flood hazard zone, Surveyor must provide building elevation certificates. EXHIBIT “R” AUDIT REPRESENTATION LETTER ___________________, 20__ KPMG LLP 000 X. Xxxxxx Drive Chicago, IL 60601 Ladies and Gentlemen: We are providing this letter in connection with your audit of the Historical Summary of Gross Income an Direct Operating Expenses (“Historical Summary”) of Xxxxxxxxx Xxxxxxx Xxxxxxxx Xxxxxx, Xxxxxxxxx, Xxx Xxxxxxxxx (the “Property”) for the year ended December 31, 2009 for the purpose of expressing an opinion as to whether the Historical Summary presents fairly, in all material respects, the gross income and direct operating expenses in conformity with the CASH or ACCRUAL (choose one) method of accounting. Certain representations in this letter are described as being limited to matters that are material. Items are considered material, regardless of size, if they involve an omission or misstatement of accounting information that, in the light of surrounding circumstances, makes it probable that the judgment of a reasonable person relying on the information would be changed or influenced by the omission or misstatement. We confirm, to the best of our knowledge and belief, the following representations made to you during your audit:
Flood Zones. No portion of any Mortgaged Property is located in an area identified by the Federal Emergency Management Agency or any successor thereto as an area having special flood hazards pursuant to the Flood Insurance Acts, except as listed on Item 6.18 of the Disclosure Schedule. With respect to any Mortgaged Property listed on Item 6.18 of the Disclosure Schedule, the Parent, the Borrower or the applicable Obligor has obtained, or will promptly obtain, the insurance prescribed in clause (iii) of Section 7.1.4 hereof.
Flood Zones. No portion of the Collateral is located or will be located in an area designated by the Federal Emergency Management Agency as having special flood or mud slide hazards.
