Hazard Zone definition
Examples of Hazard Zone in a sentence
Code Section 51183.5 (Fire Hazard Severity Zone); (D) Public Resource Code Section 2621.9 (Earthquake Fault Zone); (E) Public Resource Code Section 2694 (Seismic Hazard Zone); and (F) Public Resource Code Section 4136 (Wildland Area).
Please note that typically the provider of the Natural Hazard Zone Disclosure report will also include links to the Homeowners Combined Information Guides.
Each Credit Party maintains with financially sound and reputable insurers insurance with coverage (including, if applicable, flood insurance on all mortgaged property that is in a Special Flood Hazard Zone, from such providers, on such terms and in such amounts as required by the Flood Disaster Protection Act as amended from time to time or as otherwise required by the Administrative Agent) and limits as required by law.
If the Building is located in a FEMA Special Flood Hazard Zone, the Borrower shall be required to provide and maintain flood insurance in the maximum amount available but not in excess of the Loan amount.
Additionally, each Credit Party shall maintain flood insurance on all real property subject to a Mortgage that is in a Special Flood Hazard Zone designated by the Federal Emergency Management Agency (or any successor agency), from such providers, on such terms and in such amounts as required by the Flood Disaster Protection Act of 1973, as amended from time to time.
Storm frequency and hydraulic requirements within Effective 12 FEMA Special Flood Hazard Zone must be in accordance with FEMA Code of Federal 13 Regulations (CFR) for the National Flood Insurance Program: 44 CFR Parts 60 and 65, EO 14 11988, and 23 CFR 650.
Reduce fuels within designated State of California Tier 2 High Hazard Zone.
If the subject property is located in a FEMA designated Flood Hazard Zone, then the homeowner or home buyer must also secure a certified Flood Insurance Policy.
If the building is located in a Special Flood Hazard Zone, as defined by the National Flood Insurance Program (NFIP) flood insurance should be purchased in maximum available limits from the NFIP with excess limits as required by Lender.
If the Property is located in an Earthquake Fault Zone (Special Studies Zone) ("EFZ") (Public Resources Code Sections 2621-2625), a Seismic Hazard Zone ("SHZ") (Public Resources Code Sections 2690-2699.6), or in a locally designated geologic, seismic or other hazard zone where disclosure is required by law.