Flood Certificate definition

Flood Certificate means a “Standard Flood Hazard Determination Form” of the Federal Emergency Management Agency and any successor Governmental Authority performing a similar function.

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Flood Certificate means a life of loan “Standard Flood Hazard Determination Form” of the Federal Emergency Management Agency and any successor Governmental Authority performing a similar function.

Flood Certificate has the meaning assigned to such term in Section 8.17(d)(i).

Examples of Flood Certificate in a sentence

• The Lenders shall have received a Flood Certificate satisfying the requirements of Section 5.13(e) with respect to each of the Closing Date Mortgaged Properties.

• The Administrative Agent shall receive a completed Flood Certificate with respect to each Mortgaged Property, which Flood Certificate shall be addressed to the Administrative Agent for the benefit of the Lenders, be completed by a company which has guaranteed the accuracy of the information contained therein and otherwise comply with the Flood Program.

• In connection with any amendment to this Agreement pursuant to which any increase, extension, or renewal of Loans is contemplated, the Borrower shall cause to be delivered to the Collateral Agent for any Mortgaged Property, a Flood Certificate, Borrower Notice and Evidence of Flood Insurance, as applicable.

• In connection with any amendment to this Agreement pursuant to which any increase, extension or renewal of Loans is contemplated, the Borrower shall (and shall cause its Restricted Subsidiaries to) deliver to the Administrative Agent and the Lenders for any Material Real Property, the Flood Certificate Documents.

• Provide report on flood contract information from your servicing system to include the following fields: Loan number, Borrower Name, Property Address, Flood Certificate Number, Flood Mapping Company, Flood Compliance Company, Flood Zone Position 1, and Flood Contract Type (LOL or Basic).

More Definitions of Flood Certificate

Flood Certificate has the meaning given in Section 4.1(t)(i) (Conditions to Closing Date and Initial Advance – Flood Insurance) of the Common Terms Agreement.

Flood Certificate has the meaning assigned to such term in Schedule 5.1(bb)(i) (Flood Insurance).

Flood Certificate means a “Standard Flood Hazard Determination Form” of the Federal Emergency Management Agency and any successor

Flood Certificate means a life of loan “Standard Flood Hazard Determination Form” of the Federal Emergency Management Agency and any successor Governmental Authority performing a similar function, in form and substance satisfactory to Administrative Agent.

Flood Certificate. : shall mean a “Standard Flood Hazard Determination Form” of the Federal Emergency Management Agency and any successor Governmental Authority performing a similar function.

Flood Certificate. : shall mean a “Life of Loan Flood Hazard Determination” of the Federal Emergency Management Agency and any successor Governmental Authority performing a similar function.

Flood Certificate means a “Standard Flood Hazard Determination Form” of the Federal Emergency Management Agency and any successor Governmental Authority performing a similar function. “Flood Hazard Property” means any Real Estate Asset subject to a Mortgage in favor of Collateral Agent, for the benefit of the Secured Parties, and located in an area designated by the Federal Emergency Management Agency as having special flood or mud slide hazards. “Flood Program” means the National Flood Insurance Program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968, the Flood Disaster Protection Act of 1973, the National Flood Insurance Reform Act of 1994 and the Flood Insurance Reform Act of 2004. “Flood Zone” means areas having special flood hazards as described in the National Flood Insurance Act of 1968. “Floor” means (a) with respect to Adjusted Term SOFR and any Benchmark Replacement, 3.75%, and (B) with respect to the Base Rate, 5.75%.