Common use of Flood Hazard Areas Clause in Contracts

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.

Appears in 3 contracts

Sources: Participation Agreement (Norfolk Southern Corp), Participation Agreement (Norfolk Southern Corp), Participation 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 agency, or if any portion of the Site is located, or becomes located, located in an area identified as a special flood hazard area by the Federal Emergency Management Agency or other applicable Governmental Authorityagency, then, to the extent required by Applicable Laws, then flood insurance has been obtained for the Site or will be obtained by Lessee 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.

Appears in 1 contract

Sources: Participation Agreement (Chase Industries Inc)

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, 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 Lessee shall provide property coverage for flooding within its regular property insurance has been for similar property owned or will be obtained leased by Lessee in accordance with the National Flood Insurance Act of 1968, as amendedor its Affiliates.

Appears in 1 contract

Sources: Participation Agreement (Entergy Texas, Inc.)

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, 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.

Appears in 1 contract

Sources: Transaction Agreement (Corning Inc /Ny)