FLOOD ZONE; ELEVATION CERTIFICATION Sample Clauses

FLOOD ZONE; ELEVATION CERTIFICATION. Buyer is advised to verify by elevation certificate which flood zone the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to improving the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” or “Coastal Barrier Resources Act” designated area or otherwise protected area identified by the U.S. Fish and Wildlife Service under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s) and /or flood insurance rating purposes is below minimum flood elevation or is ineligible for flood insurance through the National Flood Insurance Program, Buyer may terminate this Contract by delivering written notice to Seller within (if left blank, then 20) days after Effective Date, and Buyer shall be refunded the Deposit thereby releasing Buyer and Seller from all further obligations under this Contract, failing which Buyer accepts existing elevation of buildings and flood zone designation of Property. The National Flood Insurance Reform Act of 2012 (referred to as Xxxxxxx- Xxxxxx 2012) may phase in actuarial rating of pre-Flood Insurance Rate Map (pre-FIRM) non-primary structures (residential structures in which the insured or spouse does not reside for at least 80% of the year) and an elevation certificate may be required for actuarial rating.
AutoNDA by SimpleDocs
FLOOD ZONE; ELEVATION CERTIFICATION. Buyer is advised to verify by elevation certificate which flood zone 200 the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to improving 201 the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” or “Coastal 202 Barrier Resources Act” designated area or otherwise protected area identified by the U.S. Fish and Wildlife Service 203 under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s) and /or flood insurance 204 rating purposes is below minimum flood elevation or is ineligible for flood insurance coverage through the National 205 Flood Insurance Program or private flood insurance as defined in 42 U.S.C. §4012a, Buyer may terminate this 206 Contract by delivering written notice to Seller within (if left blank, then 20) days after Effective Date, and 207 Buyer shall be refunded the Deposit thereby releasing Buyer and Seller from all further obligations under this 208 Contract, failing which Buyer accepts existing elevation of buildings and flood zone designation of Property. The 209 National Flood Insurance Program Reform Act of 2012 (referred to as Xxxxxxx-Xxxxxx 2012) may phase in actuarial 210 rating of assess additional fees or adjust premiums for pre-Flood Insurance Rate Map (pre-FIRM) non-primary 211 structures (residential structures in which the insured or spouse does not reside for at least 80 50% of the year) and 212 an elevation certificate may be required for actuarial rating.
FLOOD ZONE; ELEVATION CERTIFICATION. Buyer is advised to verify by elevation certificate which flood 250 zone the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to 251 improving the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” 252 or “Coastal Barrier Resources Act” designated area or otherwise protected area identified by the U.S. Fish and 253 Wildlife Service under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s) and/or 254 flood insurance rating purposes is below minimum flood elevation or is ineligible for flood insurance coverage 255 through the National Flood Insurance Program or private flood insurance as defined in 42 U.S.C. §4012a, Buyer 256 may terminate this Contract by delivering written notice to Seller within (if left blank, then 20) days after 257 Effective Date, and Buyer shall be refunded the Deposit thereby releasing Buyer and Seller from all further 258 obligations under this Contract, failing which Buyer accepts existing elevation of buildings and flood zone 259 designation of Property. The National Flood Insurance Program may assess additional fees or adjust premiums 260 for pre-Flood Insurance Rate Map (pre-FIRM) non-primary structures (residential structures in which the insured 261 or spouse does not reside for at least 50% of the year) and an elevation certificate may be required for actuarial 262 rating.
FLOOD ZONE; ELEVATION CERTIFICATION. Buyer is advised to verify by elevation certificate which flood one the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to improving the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” or “Coastal High Hazard Area” and finished floor elevation is below minimum flood elevation, Buyer may terminate this Contract by delivering written notice to Seller within 20 days after Effective Date, failing which Buyer accepts existing elevation of buildings and flood zone designation of Property.

Related to FLOOD ZONE; ELEVATION CERTIFICATION

  • Flood Certification Contract The Company has obtained a life of loan, transferable flood certification contract with an Approved Flood Policy Insurer acceptable to Purchaser in its sole discretion for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;

  • Flood Zone None of the Improvements on the Property are located in an area as identified by the Federal Emergency Management Agency as an area having special flood hazards or, if so located, the flood insurance required pursuant to Section 6.1(a)(i) hereof is in full force and effect with respect to the Property.

  • TERMINATION CERTIFICATION This is to certify that I do not have in my possession, nor have I failed to return, any devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, laboratory notebooks, flow charts, materials, equipment, other documents or property, or copies or reproductions of any aforementioned items belonging to [Company Name], a Delaware corporation, its subsidiaries, affiliates, successors or assigns (collectively, the “Company”). I further certify that I have complied with all the terms of the Company’s Confidential Information and Invention Assignment Agreement signed by me, including the reporting of any Inventions (as defined therein), conceived or made by me (solely or jointly with others) covered by that agreement. I further agree that, in compliance with the Confidential Information and Invention Assignment Agreement, I will preserve as confidential all trade secrets, confidential knowledge, data or other proprietary information relating to products, processes, know-how, designs, formulas, developmental or experimental work, computer programs, data bases, other original works of authorship, customer lists, business plans, financial information or other subject matter pertaining to any business of the Company or any of its employees, clients, consultants or licensees. I further agree that for twelve (12) months from the date of this Certification, I shall not either directly or indirectly solicit, induce, recruit or encourage any of the Company’s employees or consultants to terminate their relationship with the Company, or attempt to solicit, induce, recruit, encourage or take away employees or consultants of the Company, either for myself or for any other person or entity. Further, I agree that for twelve (12) months from the date of this Certification, I shall not use any Confidential Information of the Company to negatively influence any of the Company’s clients or customers from purchasing Company products or services or to solicit or influence or attempt to influence any client, customer or other person either directly or indirectly, to direct any purchase of products and/or services to any person, firm, corporation, institution or other entity in competition with the business of the Company. Date: Employee: (Print Employee’s Name) (Signature)

  • DEBARMENT AND SUSPENSION CERTIFICATION 2 A. CONTRACTOR certifies that it and its principals:

  • AS9100 Certification ‌ AS9100 Certification, specifies requirements for a quality management system to demonstrate the Contractor’s ability to consistently meet the customer requirements as well as statutory and regulatory requirements for the aerospace industry. An AS9100 Certification, is not mandatory; however, Contractors who desire to compete for work within the aerospace industry are encouraged to have AS9100 Certification, during the entire term of OASIS. The Contractor shall notify the OASIS CO, in writing, if there are any changes in the status of their AS9100 Certification, and provide the reasons for the change and copies of audits from an AS9100 Certification Body, as applicable. If only part of a Contractor’s organization is AS9100, certified, the Contractor shall make the distinction between which business units or sites and geographic locations have been certified.

  • CLEC Certification 8.1 Notwithstanding any other provision of this Agreement, CenturyLink shall have no obligation to perform under this Agreement until such time as CLEC has obtained such FCC and Commission authorization(s) as may be required by Applicable Law for conducting business in the State as a competitive local exchange carrier. CLEC shall not be permitted to establish its account nor place any orders under this Agreement until it has obtained such authorization and provided proof of such to CenturyLink. For the life of this Agreement, CLEC must represent and warrant to CenturyLink that it remains a certified local provider of Telephone Exchange Service within CenturyLink’s Local Calling Area(s) in the State. At any time during the life of this Agreement, CLEC will provide a copy of its current Certificate of Operating Authority or other evidence of its status to CenturyLink upon request. CLEC’s failure to maintain such authorization(s) as may be required by Applicable Law for conducting business in the State as a CLEC shall be considered a Default of Agreement.

  • Tax Service Contract; Flood Certification Contract Each Mortgage Loan is covered by a paid in full, life of loan, tax service contract and a paid in full, life of loan, flood certification contract and each of these contracts is assignable to the Purchaser;

  • COMPENSATION CERTIFICATION Labor Code Section 3700 in relevant part provides: Every employer except the State shall secure the payment of compensation in one or more of the following ways: • By being insured against liability to pay compensation by one or more insurers duly authorized to write compensation insurance in this State. • By securing from the Director of Industrial Relations a certificate of consent to self-insure, which may be given upon furnishing satisfactory proof to the Director of Industrial Relations of ability to self-insure and to pay any compensation that may become due to its employees. I am aware of the provisions of Section 3700 of the Labor Code which require every employer to be insured against liability for workers’ compensation or to undertake self-insurance in accordance with the provisions of that code, and I will comply with such provisions before commencing the performance of the Work of this Contract. Date: Name of Consultant: Signature: Print Name and Title: (In accordance with Article 5 – commencing at Section 1860, Chapter 1, part 7, Division 2 of the Labor Code, the above certificate must be signed and filed with the District prior to performing any Work under this Contract.)

  • Franchise Tax Certification If PROVIDER is a taxable entity subject to the Texas Franchise Tax (Chapter 171, Texas Tax Code), then PROVIDER certifies that it is not currently delinquent in the payment of any franchise (margin) taxes or that PROVIDER is exempt from the payment of franchise (margin) taxes.

  • Completion Certificate Upon completion of Construction Works and the Independent Engineer determining the Tests to be successful, it shall forthwith issue to the Concessionaire and the Authority a certificate substantially in the form set forth in Schedule-J (the “Completion Certificate”).

Time is Money Join Law Insider Premium to draft better contracts faster.