NFIP definition

NFIP means the National Flood Insurance Program authorized under the Act.
NFIP means the National Flood Insurance Program (NFIP).
NFIP shall have the meaning assigned to such term in Section 5.11(c).

Examples of NFIP in a sentence

  • The analysis will be performed in accordance with City of Xxxxxxxx Standards and the minimum requirements of the National Flood Insurance Program (NFIP) as administered by the Federal Emergency Management Agency (FEMA).

  • Xxxxxx Apartments (Loan No. 25) The Mortgaged Property is located in a flood zone (Flood Zone A99) and is required to carry NFIP insurance in the amount of $500,000.


More Definitions of NFIP

NFIP means the National Flood Insurance Program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, the Flood Insurance Reform Act of 2004 and the Xxxxxxx-Xxxxxx Flood Insurance Reform Act of 2012, as amended, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a federal insurance program.
NFIP has the meaning assigned to such term in the definition ofReal Estate Collateral Requirements”.
NFIP is defined in Section 6.10(a)(iv).
NFIP has the meaning specified in Section 6.12(d).
NFIP as defined in Section 6.08(b).
NFIP means the National FloodInsurance Program authorized under the Act.
NFIP has the meaning specified in Section 7.12(b)(iv).