Flood Hazard Properties. As of each Funding Date, no Mortgaged Property includes a “Building” (as defined in 12 C.F.R. Chapter III, Section 339.2) that is located in an area that has been identified by the Federal Emergency Management Agency as an area having special flood hazards and in which flood insurance has been made available under the Flood Laws, other than properties for which evidence of flood insurance policies has been delivered pursuant to Section 6.11(c)(iv) and such policies are in full force and effect.
Appears in 2 contracts
Sources: Credit Agreement (REV Renewables, Inc.), Credit Agreement (REV Renewables, Inc.)