Flood Hazard Determination definition

Flood Hazard Determination means a “Life-of-Loan” FEMA Standard Flood Hazard Determination obtained by the Administrative Agent.

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Flood Hazard Determination shall have the meaning assigned to such term in Section 5.21(b).

Flood Hazard Determination means a “Life-of-Loan” FEMA Standard Flood Hazard Determination obtained by the Administrative Agent (acting at the direction of the Required Lenders).

Examples of Flood Hazard Determination in a sentence

• Federal Emergency Management Agency Standard Flood Hazard Determination Forms will be purchased by Mortgagor for each Mortgaged Property on which Improvements are located.

• In connection with any amendment to this Agreement pursuant to which any increase, extension, or renewal of Loans is contemplated, the Borrower shall cause to be delivered to the Administrative Agent for any Mortgaged Property, a completed “life of the loan” Federal Emergency Management Agency Standard Flood Hazard Determination, duly executed and acknowledged by the appropriate Loan Parties, and evidence of flood insurance, as applicable.

• As a condition precedent to any amendment to this Agreement pursuant to which any increase, extension, or renewal of Loans is contemplated, the Borrower shall cause to be delivered to the Administrative Agent for any Mortgaged Property, a completed “life of the loan” Federal Emergency Management Agency Standard Flood Hazard Determination, duly executed and acknowledged by the appropriate Loan Parties, and evidence of flood insurance, as may be required pursuant to the Flood Insurance Laws.

• If a Flood Redesignation shall occur with respect to any Mortgaged Property, the Administrative Agent shall obtain a completed Flood Hazard Determination with respect to the Mortgaged Property (and provide a copy thereof to the Collateral Agent), and the Borrower shall comply with the Flood Requirements with respect to such Mortgaged Property by not later than 90 days after the date a Responsible Officer of the Borrower has obtained knowledge of such Flood Redesignation.

• For each such real property location set forth on Schedule 7.23, the Loan Parties have either (a) obtained flood insurance in accordance with Section 8.02(b), with respect to each such parcel that is located in a “special flood hazard area” as defined in the Flood Insurance Laws or (b) obtained and delivered to the Administrative Agent a Federal Emergency Management Agency Standard Flood Hazard Determination demonstrating that such parcel is not located in such a “special flood hazard area”.

• The Administrative Agent will provide copies of each Flood Hazard Determination, Borrower Notice and all other Evidence of Flood Insurance to the Lenders promptly after its receipt of such documentation.

• The Administrative Agent shall have received a Flood Hazard Determination with respect to each Initial Mortgaged Property together with, if any such Mortgaged Property is a Flood Hazard Property, the other Flood Insurance Documents for such Mortgaged Property.

• As a condition precedent to any amendment to this Agreement pursuant to which any increase, extension, or renewal of Loans is contemplated, the Lead Borrower shall cause to be delivered to the Administrative Agent for any Mortgaged Property, a completed “life of the loan” Federal Emergency Management Agency Standard Flood Hazard Determination, duly executed and acknowledged by the appropriate Loan Parties, and evidence of flood insurance, as may be required pursuant to the Flood Insurance Laws.

• Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ If to the Company: CF Acquisition Corp.

• In connection with the addition of any Material Real Property as Collateral, the Administrative Agent shall obtain a completed Flood Hazard Determination with respect to each such Material Real Property.

More Definitions of Flood Hazard Determination

Flood Hazard Determination means, with respect to any Property or Single Plat Development, a Federal Emergency Management Agency Standard Flood Hazard Determination (ordered by the Borrower Representative, or on its behalf, by a national third-party flood hazard determination service provider or flood hazard data service provider, such as CoreLogic or Lereta) with respect to such Property or Single Plat Development, duly acknowledged by the Borrower Representative.

Flood Hazard Determination as defined in Section 6.11(c)(iv).

Flood Hazard Determination means a “Life-of-Loan” FEMA Standard Flood Hazard Determination obtained by the Administrative Agent. “Flood Laws” has the meaning assigned to such term in the definition of “Real Estate Collateral Requirements”. “Flood Hazard Property” means any Mortgaged Property that on the relevant date of determination includes a Building and, as shown on a Flood Hazard Determination, such Building is located in a Special Flood Hazard Area. “Floor” means a rate of interest equal to 0.00% per annum. “Foreign Lender” means a Lender that is not a U.S. Person. “Foreign Subsidiary” shall meanmeans any Subsidiary that is not a Domestic Subsidiary. “Fronting Exposure” means, with respect to any Issuing Bank at any time there is a Defaulting Lender, such Defaulting Lender’s Ratable Share of the outstanding L/C Obligations with respect to Letters of Credit issued by such Issuing Bank other than L/C Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof. “Fund” means any Person (other than a natural Person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities. “Funded Debt” means, for the Borrower and its Subsidiaries on a Consolidated basis in accordance with GAAP, an amount equal to (a) all indebtedness in respect of borrowed money, (b) all obligations of such Person evidenced by bonds, notes, debentures or similar instruments, (c) all obligations of such Person in respect of letters of credit or other similar instruments (including reimbursement agreements with respect thereto) to the extent such letters of credit or other similar instruments are drawn and unreimbursed, (d) all obligations of such Person to pay the deferred and unpaid purchase price of any property (including Capital Lease Obligations), but excluding trade accounts payable or accrued liabilities 23 [[8006820]]

Flood Hazard Determination means a “Life-of-Loan” FEMA Standard Flood Hazard Determination obtained by the Administrative Agent. “ Flood Hazard Property ” means any Borrowing Base Asset that on the relevant date of determination includes a Building and, as shown on a

Flood Hazard Determination means, with respect to any Property or Single Plat Development, a Federal Emergency Management Agency Standard Flood Hazard Determination (ordered by the Borrower Representative, or on its behalf, by a national third- party flood hazard determination service provider or flood hazard data service provider, such as CoreLogic or Lereta) with respect to such Property or Single Plat Development, duly acknowledged by the Borrower Representative.