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<br />D' <br />-' <br /> <br />(iv) Borrower's delivery to the Agency of each of the following: (i) <br />certificate of good standing, certified by the Secretary of State <br />indicating that Borrower is properly organized and authorized to do <br />business in the State of California, (ii) certified resolution indicating <br />that Borrower has authorized this transaction and that the persons <br />executing this Agreement, the Predevelopment Note and the <br />Assignment Agreement on Borrower's behalf have been duly <br />authorized to do so; and (iii) certified copies of Borrower's LP-1 and <br />partnership agreement. <br /> <br />1.7 No Obliqation to Disburse Proceeds Upon Default. Notwithstanding any <br />other provision of this Agreement, the Agency shall have no obligation to disburse any <br />portion of the Loan Proceeds to Borrower following: <br /> <br />(i) the failure of any of Borrower's representations and warranties set <br />forth in this Agreement to be true and correct in all material respects; <br /> <br />(ii) termination of this Agreement by mutual agreement of the Parties; or <br /> <br />(iii) the occurrence of an Event of Default under this Agreement, the <br />Predevelopment Note, the DDA or the Ground Lease. <br /> <br />2. NON-DISCRIMINATION. <br /> <br />2.1 Non-Discrimination. Borrower covenants by and for itself and its successors <br />and assigns that there shall be no discrimination against or segregation of a person or <br />of a group of persons on account of race, color, religion, creed, sex, sexual orientation, <br />marital status, disability, ancestry or national origin in the sale, lease, sublease, <br />transfer, use, occupancy, tenure or enjoyment of the Project or the Property, nor shall <br />Borrower or any person claiming under or through Borrower establish or permit any <br />such practice or practices of discrimination or segregation with reference to the <br />selection, location, number, use or occupancy of tenants, lessees, subtenants, <br />sublessees or vendees in the Project. <br /> <br />2.2 Mandatory Lanquaqe in All Subsequent Deeds, Leases and Contracts. All <br />deeds, leases or contracts made or entered into by Borrower, its successors or assigns, <br />as to any portion of the Project or the Property shall contain therein the following <br />language: <br /> <br />(a) In Deeds: <br /> <br />"Grantee herein covenants by and for itself, its successors and assigns that <br />there shall be no discrimination against or segregation of a person or of a group <br />of persons on account of race, color, creed, religion, sex, sexual orientation, <br />marital status, disability, national origin or ancestry in the sale, lease, sublease, <br /> <br />809163-1 <br /> <br />4 <br />