Flood Hazard Property definition

Flood Hazard Property means any Real Estate Asset subject to a mortgage in favor of Collateral Agent, for the benefit of Secured Parties, and located in an area designated by the Federal Emergency Management Agency as having special flood or mud slide hazards.
Flood Hazard Property means any Mortgaged Property that is in an area designated by the Federal Emergency Management Agency as having special flood or mudslide hazards.
Flood Hazard Property means any Real Estate Asset subject to a mortgage in favor of Collateral Agent, for the benefit of the Secured Parties, and located in an area designated by the Federal Emergency Management Agency as having special flood or mud slide hazards.

Examples of Flood Hazard Property in a sentence

  • The Borrower shall promptly notify the Administrative Agent of any Mortgaged Property that is, or becomes, a Flood Hazard Property.


More Definitions of Flood Hazard Property

Flood Hazard Property means a Mortgaged Property located in an area designated by the Federal Emergency Management Agency as having special flood or mud slide hazards.
Flood Hazard Property shall have the meaning provided in Section 9.14(c)(i).
Flood Hazard Property means any Real Estate Asset subject to a mortgage in favor of Collateral Agent, for the benefit of the Lenders, and located in an area designated by the Federal Emergency Management Agency as having special flood or mud slide hazards.
Flood Hazard Property means any Real Estate Asset subject to a Mortgage and located in an area designated by the Federal Emergency Management Agency as having special flood or mud slide hazards.
Flood Hazard Property means a Closing Date Mortgaged Property or an Additional Mortgaged Property located in an area designated by the Federal Emergency Management Agency as having special flood or mud slide hazards.
Flood Hazard Property means any Mortgaged Property, and located in an area designated by the Federal Emergency Management Agency as having special flood or mud slide hazards.
Flood Hazard Property means real property located in an area --------------------- designated by the Federal Emergency Management Agency as having special flood or mud slide hazards.