Examples of Flood area in a sentence
Client desires a Flood Compliance program for compliance with regulations passed pursuant to the 1973 Flood Disaster Protection Act as amended to determine whether improved real estate securing a loan from Client to a borrower is or is not in a FEMA defined Special Flood Hazard Area ("Flood Area"), and other National Flood Insurance Program (NFIP) information, and whereas Company is in the business of supplying such information.
Except as listed on Schedule 4.21, which Schedule to the knowledge of MVWC and the Borrower lists as of the date hereof all real property located in a Flood Area (defined below), no Mortgage encumbers improved real property that is located in an area that has been identified by the Secretary of Housing and Urban Development as an area having special flood hazards and in which flood insurance has been made available under the National Flood Insurance Act of 1994 (each a “Flood Area”).
If the Facility is located in a High Risk Flood Area, as defined by FEMA, flood coverage in the amount of $1,000,000 is required.
The Plat of Subdivision recorded January 31, 1996 as Document No. 96080514 includes a certification by the surveyor that the Land is located within a Special Flood Area as identified by the Federal Emergency Management Agency.
Client desires a Federal Emergency Management Agency (FEMA) National Flood Insurance Program (NFIP) Flood Zone Determination program to determine for insurance purposes whether properties are or are not in a FEMA defined Special Flood Hazard Area ("Flood Area"), and collectively, with the purposes set forth in Section H (the "Authorized Uses"), and other NFIP information, and whereas Company is in the business of supplying such information.
The Company shall maintain, as to its properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is customary for companies similarly situated (which shall include Federal flood insurance if the business of the Company is located in a designated Federal Flood Area), which insurance shall be deemed by the Company to be sufficient.
Client desires a Flood Compliance program for compliance with regulations passed pursuant to the 1973 Flood Disaster Protection Act as amended to determine whether improved real estate securing a loan from Client to a borrower is or Is not in a FEMA defined Special Flood Hazard Area ("Flood Area"), and other National Flood Insurance Program (NFIP) information, and whereas Company is in the business of supplying such information.
If the Hotel Property is located within a Special Hazard Flood Area, National Flood Insurance Program (“NFIP”) insurance is required.
The National Flood Insurance Reform Act or 1994, all as may be amended from time to time ("the Acts") and regulations promulgated pursuant thereto ("the Regulations"), including a determination whether improved real estate securing a loan from Client to a borrower is or is not in a FEMA defined Special Flood Hazard Area ("Flood Area"), and other National Flood Insurance Program (NFIP) information, and whereas Company is in the business of supplying such information.
Flood Area; Filled Land...........................................................................7 1.13.