Special Flood Hazard Area definition
Special Flood Hazard Area means an area that FEMA’s current flood maps indicate has at least a one percent (1%) chance of a flood equal to or exceeding the base flood elevation (a 100-year flood) in any given year.
Special Flood Hazard Area shall have the meaning assigned to such term in Section 5.02(c).
Special Flood Hazard Area with respect to which flood insurance has been made available under the National Flood Insurance Act of 1968 (as now or hereafter in effect or successor act thereto), (i) maintain, or cause to be maintained, with a financially sound and reputable insurer, flood insurance in an amount and otherwise sufficient to comply with all applicable rules and regulations promulgated pursuant to the Flood Insurance Laws and (ii) deliver to the Collateral Agent evidence of such compliance in form and substance reasonably acceptable to the Collateral Agent.
Examples of Special Flood Hazard Area in a sentence
Landlord hereby represents and warrants to Tenant, solely based upon Landlord’s reliance on the information provided by the New Jersey Flood Zone Notification Tool (available at: h▇▇▇▇://▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇▇▇/d5d503eb2d3248218632570097e4efa8 ), and without further inquiry or investigation by L▇▇▇▇▇▇▇, that part of the Property is located in the (i) Special Flood Hazard Area (“100-year/1% Annual Chance Flood Plain”).
More Definitions of Special Flood Hazard Area
Special Flood Hazard Area means an area that FEMA has designated as an area subject to special flood or mud slide hazards.
Special Flood Hazard Area means an area having special flood hazards as described in the National Flood Insurance Act of 1968.
Special Flood Hazard Area means the areas of flood insurance rate map which are identified as Zones A, AO, AH, Al — A30, AE, A99, AR, AR/A, AR/AE, AR/A1 — A30, AR/AH, AR/A0, V, V1-V30, and VE. For purposes of determining which areas qualify as special flood hazard areas as specified above, only those flood insurance rate maps which were in effect at the time of the flood loss shall apply.
Special Flood Hazard Area means an area having flood, mudslide, and/or flood-related erosion hazards, and shown on an FHBM or FIRM as zone A, AO, A1-30, AE. A99, AH,VO, VI-30, VE, V. M. or E. (See - “Area of Special Flood Hazard”)
Special Flood Hazard Area means the land within a community subject to the “100-year flood.” This land is identified as Zone A on the Flood Insurance Rate Map.
Special Flood Hazard Area means an area that FEMA’s current flood maps indicate has at least a one percent (1%) chance of a flood equal to or exceeding the base flood elevation (a 100- year flood) in any given year.
Special Flood Hazard Area means the land in the floodplain within a community subject to a one percent or greater chance of flooding in any given year, i.e., the 100-year floodplain.