Common use of Matters Relating to Flood Hazard Properties Clause in Contracts

Matters Relating to Flood Hazard Properties. (A) Evidence, which may be in the form of a Standard Flood Hazard Determination Form or a letter from an insurance broker or a municipal engineer, as to whether (1) any Closing Date Mortgaged Property is a Flood Hazard Property and (2) the community in which any such Flood Hazard Property is located is participating in the National Flood Insurance Program, (B) if there are any such Flood Hazard Properties, such Loan Party’s written acknowledgement of receipt of written notification from Administrative Agent (1) as to the existence of each such Flood Hazard Property and (2) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program and (C) in the event any such Flood Hazard Property is located in a community that participates in the National Flood Insurance Program, evidence that Company has obtained flood insurance in respect of such Flood Hazard Property to the extent required under the applicable regulations of the Board of Governors of the Federal Reserve System.

Appears in 1 contract

Samples: Credit Agreement (Grande Communications Holdings, Inc.)

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Matters Relating to Flood Hazard Properties. (Aa) Evidence, ------------------------------------------- which may be in the form of a Standard Flood Hazard Determination Form or a letter from an insurance broker or a municipal engineer, as to whether (1) any Post-Closing Date Mortgaged Property is a Flood Hazard Property and (2) the community in which any such Flood Hazard Property is located is participating in the National Flood Insurance Program, (Bb) if there are any such Flood Hazard Properties, such Loan Party’s 's written acknowledgement of receipt of written notification from Administrative Agent (1) as to the existence of each such Flood Hazard Property and (2) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program Program, and (Cc) in the event any such Flood Hazard Property is located in a community that participates in the National Flood Insurance Program, evidence that Company has obtained flood insurance in respect of such Flood Hazard Property to the extent required under the applicable regulations of the Board of Governors of the Federal Reserve System.; and

Appears in 1 contract

Samples: Credit Agreement (Katy Industries Inc)

Matters Relating to Flood Hazard Properties. (Aa) Evidence, which may be in the form of a Standard Flood Hazard Determination Form or a letter from an insurance broker or a municipal engineer, as to whether (1) any Closing Date Mortgaged Property is a Flood Hazard Property located in the United States and (2) the community in which any such Flood Hazard Property is located is participating in the National Flood Insurance Program, (Bb) if there are any such Flood Hazard Properties, such Loan Party’s 's written acknowledgement of receipt of written notification from Administrative Collateral Agent (1) as to the existence of each such Flood Hazard Property and (2) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program Program, and (Cc) in the event any such Flood Hazard Property is located in a community that participates in the National Flood Insurance Program, evidence that Company such Loan Party has obtained flood insurance in respect of such Flood Hazard Property to the extent required under the applicable regulations of the Board of Governors of the Federal Reserve System.; and

Appears in 1 contract

Samples: Term Loan Agreement (Loews Cineplex Entertainment Corp)

Matters Relating to Flood Hazard Properties. (Aa) EvidenceTo the extent not previously provided, evidence, which may be in the form of a Standard Flood Hazard Determination Form or a letter from an insurance broker or a municipal engineer, as to whether (1) any Closing Effective Date Mortgaged Mortgage Property is a Flood Hazard Property and (2) the community in which any such Flood Hazard Property is located is participating in the National Flood Insurance Program, (Bb) if there are any such Flood Hazard Properties, such Loan Party’s written acknowledgement of receipt of written notification from Administrative Agent (1) as to the existence of each such Flood Hazard Property and (2) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program Program, and (Cc) in the event if any such Flood Hazard Property is located in a community that participates in the National Flood Insurance Program, evidence that Company Borrower has obtained flood insurance in respect of such Flood Hazard Property to the extent required under the applicable regulations of the Board of Governors of the Federal Reserve System.; and

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

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Matters Relating to Flood Hazard Properties. (Aa) Evidence, ------------------------------------------- which may be in the form of a Standard Flood Hazard Determination Form or a letter from an insurance broker or broker, a municipal engineerengineer or surveyor, as to whether (1) any Closing Date Mortgaged Property is a Flood Hazard Property and (2) the community in which any such Flood Hazard Property is located is participating in the National Flood Insurance Program, (Bb) if there are any such Flood Hazard Properties, such Loan Party’s 's written acknowledgement of receipt of written notification from Administrative Agent (1) as to the existence of each such Flood Hazard Property and (2) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program Program, and (Cc) in the event any such Flood Hazard Property is located in a community that participates in the National Flood Insurance Program, evidence that Company has obtained flood insurance in respect of such Flood Hazard Property to the extent required under the applicable regulations of the Board of Governors of the Federal Reserve System.; and

Appears in 1 contract

Samples: Credit Agreement (Katy Industries Inc)

Matters Relating to Flood Hazard Properties. (Aa) Evidence, which may be in the form of a Standard Flood Hazard Determination Form or a letter from an insurance broker or a municipal engineer, as to whether (1) any Closing Date Mortgaged Property is a Flood Hazard Property located in the United States and (2) the community in which any such Flood Hazard Property is located is participating in the National Flood Insurance Program, (Bb) if there are any such Flood Hazard Properties, such Loan Party’s 's written acknowledgement of receipt of written notification from Administrative Collateral Agent (1) as to the existence of each such Flood Hazard Property and (2) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program Program, and (Cc) in the event any such Flood Hazard Property is located in a community that participates in the National Flood Insurance Program, evidence that Company such Loan Party has obtained flood insurance in respect of such Flood Hazard Property to the extent required under the applicable regulations of the Board of Governors of the Federal Reserve System.; and 84

Appears in 1 contract

Samples: Priority Secured Credit Agreement (Loews Cineplex Entertainment Corp)

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