Flood Hazard Areas. No portion of the Property is located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable agency, or if any portion of the Property is located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable agency, then flood insurance has been obtained for the Property or such portion thereof in accordance with Section 14.2(b) of the Lease and in accordance with the National Flood Insurance Act of 1968, as amended.
Flood Hazard Areas. Except as otherwise identified on the applicable survey, plat or map delivered pursuant to Section 6.1(p), no portion of the Property will be located within an area identified as a special flood hazardous area by the Federal Emergency Management Agency.
Flood Hazard Areas. Purchaser hereby acknowledges and agrees that (i) he or she has had sufficient time and opportunity to inspect the Property, including, without limitation, any flood hazard or flood plain maps of the area in which the Property is located, (ii) it shall be Purchaser’s responsibility to determine whether or not the Property lies in any flood plain or flood hazard areas, and (iii) Purchaser shall obtain (a) for its own review, any information or notices concerning flood hazards or flood plains required by state or local law to be disclosed by a seller to a purchaser of real property, including, without limitation, any such information or notices that may be required prior to transfer or occupancy of the Property, and (b) the same on behalf of and in lieu of Seller in any case where Seller would otherwise have been required to obtain such information or notices.
Flood Hazard Areas. If the Site is located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable Governmental Authority, then, to the extent required by Applicable Laws, flood insurance has been obtained by Lessee in accordance with the National Flood Insurance Act of 1968, as amended.
Flood Hazard Areas. No portion of the Property is located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable agency, or if any portion of the Property is located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable agency, then flood insurance has been obtained for the Property or such portion thereof in accordance with Section 14.3 of the Lease and in accordance with the National Flood Insurance Act of 1968, as amended.
Flood Hazard Areas. Except as otherwise identified on the survey delivered pursuant to Section 4.1(i), no portion of the Facility is located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable agency. If the Facility or any part thereof is located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable agency, then flood insurance has been obtained for the Facility in accordance with the Lease and in accordance with the National Flood Insurance Act of 1968, as amended.
Flood Hazard Areas. Except as otherwise identified on the survey ------------------ delivered pursuant to Section 4.3(j), no portion of the Property is located -------------- in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable agency. With respect to any portion of the Property located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable agency, the Lessee is self-insured with respect to all risks related thereto to the same extent as the Lessee self-insures its other assets similarly situated, and otherwise in accordance with Section 17.2 ------------ and in accordance with the National Flood Insurance Act of 1968, as amended, or has provided adequate flood hazard insurance as required under the Nomura Loan Agreement.
Flood Hazard Areas. No portion of the Site is located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable Governmental Authority. If the Site is located, or becomes located, in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable Governmental Authority, then, to the extent required by Applicable Laws, flood insurance has been or will be obtained by Lessee in accordance with the National Flood Insurance Act of 1968, as amended.
Flood Hazard Areas. Except as otherwise identified on the survey delivered pursuant to Section 9(c)(15), no portion of any of the Sites is located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable agency. If any of the Sites is located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable agency, then flood insurance has been obtained for such Site in accordance with the National Flood Insurance Act of 1968, as amended (in which event, the provisions of Section 12 of the Master Lease shall be applicable to such flood insurance).
Flood Hazard Areas. Purchaser hereby acknowledges and agrees that (i) he or she has had or will have sufficient time and opportunity prior to Closing to inspect the Property, including, without limitation, any flood hazard or flood plain maps of the area in which the Property is located, (ii) it shall be Purchaser’s responsibility to determine whether or not the Property lies in any flood plain or flood hazard areas, and (iii) Purchaser shall obtain (a) for its own review, any information or notices concerning flood hazards or flood plains required by state or local law to be disclosed by a seller to a purchaser of real property, including, without limitation, any such information or notices that may be required prior to transfer or occupancy of the Property, and (b) the same on behalf of and in lieu of Seller in any case where Seller would otherwise have been required to obtain such information or notices. Purchaser acknowledges and understands that a mortgage lender may require flood insurance in connection with the purchase of this Property. The National Flood Insurance Program provides for the availability of flood insurance and establishes flood insurance policy premiums based on the risk of flooding in the area where properties are located. Recent changes to federal law (The Xxxxxxx-Xxxxxx Flood Insurance Reform Act of 2012 and the Homeowner Flood Insurance Affordability Act of 2014, in particular) will result in changes to flood insurance premiums that are likely to be higher, and in the future may be substantially higher, than premiums paid for flood insurance prior to or at the time of sale of the Property. As a result, Purchaser acknowledges and agrees that it will not rely on the premiums paid for flood insurance on this Property previously, if any, as an indication of the premiums that will apply after Closing. Purchaser acknowledges that Purchaser has had sufficient time to consult with one or more carriers of flood insurance for a better understanding of flood insurance coverage, current and anticipated future flood insurance premiums, and other matters related to the purchase of flood insurance for the Property. Purchaser also acknowledges that Purchaser has had sufficient opportunity to contact the Federal Emergency Management Agency (FEMA) for more information about flood insurance as it relates to this Property.
