Examples of Flood Insurance Regulations in a sentence
Each Lender and each participant is responsible for assuring its own compliance with any applicable Flood Insurance Regulations and Administrative Agent shall have no responsibility therefor.
No “Building” (as defined in the applicable Flood Insurance Regulation) or “Manufactured (Mobile) Home” (as defined in the applicable Flood Insurance Regulation) is located on any Mortgaged Property within an area having special flood hazards and in which flood insurance is available under the Flood Insurance Regulations, and no “Building” or “Manufactured (Mobile) Home” is encumbered by the Mortgages.
The Administrative Agent has adopted internal policies and procedures that address requirements placed on federally regulated lenders under the Flood Insurance Regulations.
Promptly following such acquisition or construction thereof, the Credit Parties shall provide written notice to the Administrative Agent of the existence of any “building” or “manufactured (mobile) home” under the Flood Insurance Regulations located on any Property of any Credit Party that is subject to a Mortgage.
Xxxxx Fargo has adopted internal policies and procedures that address requirements placed on federally regulated lenders under the Flood Insurance Regulations (defined below).