Flood Insurance Policy definition

Flood Insurance Policy means an insurance policy insuring against flood damage to a Mortgaged Property.

Flood Insurance Policy means the federal flood insurance policy described in Section 4.13(g) hereof.

Flood Insurance Policy has the meaning specified in Section 5.01(c)(iii).

Examples of Flood Insurance Policy in a sentence

• The Servicer, at its option, may microfilm, microfiche or otherwise condense any records or documents constituting a part of, or relating to, any Tax Lien or the Servicer’s Tax Lien File except for the Hazard Insurance Policy or any Flood Insurance Policy, provided that the Servicer will, upon written request by the Collateral Agent and Custodian, promptly reproduce in their entirety any or all such records or documents, the cost of such reproduction to be considered a Lien Administration Expense.

• It is understood and agreed that no earthquake or other additional insurance other than a Flood Insurance Policy, subject to the qualification set forth in the next sentence hereof, is to be maintained by the Servicer.

• If an REO Property was located at the date of the related Tax Lien Certificate in a federally designated special flood hazard area, the Servicer will obtain a Flood Insurance Policy as soon as practicable.

More Definitions of Flood Insurance Policy

Flood Insurance Policy. Any policy of insurance issued in accordance with the Flood Disaster Protection Act of 1973, as amended from time to time, or, if repealed or amended, any superseding legislation governing similar insurance coverage, or any other policy providing similar coverage against loss sustained by floods.

Flood Insurance Policy. An insurance policy insuring against flood damage to ------------------------- a Mortgaged Premises, required by loan originators for Mortgaged Premises located in "flood hazard" areas identified by the Secretary of HUD or the Director of the Federal Emergency Management Agency.

Flood Insurance Policy. A federal flood insurance policy on the Mortgaged Property.

Flood Insurance Policy. ’ means a flood insurance

Flood Insurance Policy has the meaning specified in Section 9.1(a)(vii).

Flood Insurance Policy means a policy or binder of insurance issued pursuant to the Federal Flood Insurance Act, as amended, or any other policy or binder providing similar coverage against loss sustained by floods.

Flood Insurance Policy shall have the meaning given that term in Section 4.1(f) hereof, and shall also mean any replacement policy obtained in accordance with Section 3.6(b) hereof.