ARTICLE IV CONDITIONS TO LOANS Sample Clauses

ARTICLE IV CONDITIONS TO LOANS. 4.1 CONDITIONS TO INITIAL DISBURSEMENT OF LOANS. The obligation of Lenders to make the initial disbursement of the Loans (which Loans shall be made as Committed Loans) shall be subject to satisfaction of each of the following conditions precedent on or before the Closing Date (including, in the case of Borrower, each Guarantor Subpartnership and the REIT, a certificate of each such entity's Secretary or an officer comparable thereto (a "Secretary's Certificate") with respect to authorization, incumbency and all organizational documents): 4.1.1 BORROWER DOCUMENTS. Borrower shall have executed and/or delivered to Agent each of the following, in form and substance acceptable to Agent and each other Lender (for its own use and for transmittal to its Designated Bid Lender, if any):