Flood Hazard Property definition
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 has the meaning specified in Section 6.12(d).
Flood Hazard Property means any real property with respect to which the Administrative Agent requests a flood hazard determination in its sole discretion and which is determined to be in an area designated by the Federal Emergency Management Agency as having special flood or mudslide hazards.
Examples of Flood Hazard Property in a sentence
Without limiting the generality of the foregoing, the Company will maintain or cause to be maintained flood insurance with respect to each Flood Hazard Property that is located in a community that participates in the National Flood Program, in each case in compliance with any applicable regulations of the Board of Governors.
More Definitions of Flood Hazard Property
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 shall have the meaning provided in Section 9.14(c)(i).
Flood Hazard Property means any fee owned Real Estate Asset subject to a Mortgage in favor of the Collateral Agent, for the benefit of the Revolving Secured Parties, the improvements on which are 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 property of a Credit Party that is 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 set forth in Section 4.1(e)(iv).
Flood Hazard Property has the meaning specified in clause (g)(vi) of the definition of “Collateral and Guaranty Requirement.”
Flood Hazard Property has the meaning set forth in the definition of “Real Property Security Documents”.