Common use of Regulation H Clause in Contracts

Regulation H. No Mortgaged Property is a Flood Hazard Property unless the Collateral Agent shall have received the following: (a) the applicable Loan Party’s written acknowledgment of receipt of written notification from the Collateral Agent (i) as to the fact that such Mortgaged Property is a Flood Hazard Property, and (ii) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program, (b) such other flood hazard determination forms, notices and confirmations thereof as reasonably requested by the Collateral Agent, and (c) copies of insurance policies or certificates of insurance of the applicable Loan Party evidencing flood insurance sufficient for compliance with Flood Laws and otherwise satisfactory to the Collateral Agent and naming the Collateral Agent as loss payee on behalf of the Lenders. All flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full.

Regulation H. No Mortgaged Property is a Flood Hazard Property unless the Collateral Administrative Agent shall have received the following: (a) the applicable Loan Party’s written acknowledgment of receipt of written notification from the Collateral Administrative Agent (i) as to the fact that such Mortgaged Property is a Flood Hazard Property, and (ii) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program, Program and (biii) such other flood hazard determination forms, notices and confirmations thereof as reasonably requested by the Collateral Agent, Administrative Agent and (cb) copies of insurance policies or certificates of insurance of the applicable Loan Party evidencing flood insurance sufficient for compliance with Flood Laws and otherwise reasonably satisfactory to the Collateral Administrative Agent and naming the Collateral Administrative Agent as loss payee on behalf of the LendersSecured Parties and otherwise sufficient to comply with all applicable rules and regulations promulgated pursuant to the Flood Insurance Laws. All flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full.

Regulation H. No Mortgaged Property is a Flood Hazard Property unless the Collateral Administrative Agent shall have received the following: (a) the applicable Loan Party’s written acknowledgment of receipt of written notification from the Collateral Administrative Agent (i) as to the fact that such Mortgaged Property is a Flood Hazard Property, and (ii) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program, Program and (biii) such other flood hazard determination forms, notices and confirmations thereof as reasonably requested by the Collateral Agent, Administrative Agent and (cb) copies of insurance policies or certificates of insurance of the applicable Loan Party evidencing flood insurance sufficient for compliance with as required by the Flood Insurance Laws and otherwise as reasonably satisfactory to the Collateral Administrative Agent and naming the Collateral Administrative Agent as loss payee on behalf of the LendersSecured Parties. All flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full.

Regulation H. No Mortgaged Property owned by a Loan Party is a Flood Hazard Property unless the Collateral Administrative Agent shall have received the following: (a) the applicable Loan Party’s written acknowledgment of receipt of written notification from the Collateral Administrative Agent (i) as to the fact that such Mortgaged Property is a Flood Hazard Property, and (ii) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program, Program and (biii) such other flood hazard determination forms, notices and confirmations thereof as reasonably requested by the Collateral Agent, Administrative Agent and (cb) copies of insurance policies or policies, declaration pages and certificates of insurance of the applicable Loan Party evidencing flood insurance sufficient for compliance with Flood Laws and otherwise reasonably satisfactory to the Collateral Administrative Agent and naming the Collateral Administrative Agent as mortgagee and loss payee on behalf of the LendersSecured Parties. All flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full.

Regulation H. No Mortgaged Property is a Flood Hazard Property unless the Collateral Administrative Agent shall have received the following: (a) the applicable Loan Party’s written acknowledgment of receipt of written notification from the Collateral Administrative Agent (i) as to the fact that such Mortgaged Property is a Flood Hazard Property, and (ii) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program, Program and (biii) such other flood hazard determination forms, notices and confirmations thereof as reasonably requested by the Collateral Agent, Administrative Agent and (cb) copies of insurance policies or certificates of insurance of the applicable Loan Party evidencing flood insurance sufficient for compliance with Flood Laws and otherwise reasonably satisfactory to the Collateral Administrative Agent (and in compliance with applicable laws and regulations) and naming the Collateral Administrative Agent as loss payee on behalf of the Lenders. All flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full.

Regulation H. No Mortgaged Property is a Flood Hazard Property unless the Collateral Administrative Agent shall have received the following: (a) the applicable Loan Party’s written acknowledgment of receipt of written notification from the Collateral Administrative Agent (i) as to the fact that such Mortgaged Property is a Flood Hazard Property, and (ii) as to whether the community in which each such Flood Hazard Property is located is participating in the National Flood Insurance Program, Program and (biii) such other flood hazard determination forms, notices and confirmations thereof as reasonably requested by the Collateral Agent, Administrative Agent and (cb) copies of insurance policies or certificates of insurance of the applicable Loan Party evidencing flood insurance sufficient for reasonably satisfactory to the Administrative Agent and the Lenders (and otherwise in compliance with Flood Laws and otherwise satisfactory to the Collateral Agent Laws) and naming the Collateral Administrative Agent as loss payee on behalf of the Lenders. All flood hazard insurance policies required hereunder have been obtained and remain in full force and effect, and the premiums thereon have been paid in full.