Proposed Use of Advance Sample Clauses

Proposed Use of Advance. Proceeds of such Advance shall be deposited in Borrower's account number 001-223275 at the Beverly Hills Office of City National Bank or disbursed directly to ▇▇▇▇▇ parties pursuant to Borrower's written instructions delivered to Administrative Agent. Borrower hereby certifies that: (a) As of the Funding Date, all conditions set forth in Section [3.1] [and] [3.2] of the Credit Agreement to the disbursement of the Advance hereby requested will be satisfied, and (b) After giving effect to [the disbursement of the Advance] [the conversion] hereby requested [and the addition of any Unencumbered Asset], (1) the aggregate principal amount of all outstanding Advances shall not exceed Three Hundred Ten Million Dollars ($310,000,000) and (2) the aggregate principal amount of all outstanding Advances will not exceed the lesser of (x) the Commitment or (y) the amount which, when combined with all components of the unsecured Total Liabilities of the REIT and the Consolidated Entities other than outstanding Advances of such date, is equal to 57.1429% of the aggregate Unencumbered Asset Value of the Unencumbered Pool as of such date. Dated: _______, 20__ ARDEN REALTY LIMITED PARTNERSHIP, a Maryland limited partnership By: ARDEN REALTY, INC., a Maryland corporation, its sole general partner By __________________________________ Its__________________________________ Cc: Wells Fargo Bank, N.A. Real Estate Finance Group MAC 2064-129 333 South Grand Avenue, 12th Floor Los Angeles, Calif▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇: ▇▇. ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇. EXHIBI▇ ▇-▇ FORM OF REIT SOLVENCY CERTIFICATE This Solvency Certificate ("Certificate") is delivered in connection with that certain Third Amended and Restated Revolving Credit Agreement dated as of August 9, 2002 (as amended, supplemented or modified from time to time, the "Credit Agreement") entered into among Arden Realty Limited Partnership, a Maryland limited partnership ("Borrower"), the Lenders named therein, Wells Fargo Bank, National Association, as Administrative Agent and ▇▇▇▇ Lead Arranger, and Bank One, N.A. and Wachovia Bank, N.A., as Documentation Agents. Capitalized terms used in this Certificate without definition have the same meanings as in the Credit Agreement. I, ___________, the ___________ of Arden Realty, Inc., a Maryland corporation (the "REIT"), in my capacity as Chief Financial Officer of the REIT, hereby certify, on behalf of the REIT, that: 1. I am the duly elected, qualified and acting Chief Financial Officer of the REI...