Flooding. To the best knowledge of the Company, VCGH or any representative of the Company or VCGH no flooding has occurred on the Premises.
Flooding. In addition to accepting the property in an “as is” condition per the Lease Agreement, the Parties acknowledge and understand that areas of Tract B, including the System Premises, may flood due to the flood path of the overflow from the Boulder Supply Canal to Big Dry Creek. To mitigate its risk to the System, Northern Water would agree to channelize the flood path at Boulder and USI’s sole cost of design, permitting and construction in accordance with Northern Water’s specifications and upon Northern Water’s review and approval of design and construction plans. In no event shall Northern Water be liable to USI or Boulder for damage to the System or System Premises as a result of flooding.
Flooding. Is there excessive water or flooding in the area? This can be extremely important in ground floor and lower level site locations. It must be considered.