Common use of Operating Statements and Operating Results Clause in Contracts

Operating Statements and Operating Results. As soon as practicable, and in any event within forty-five (45) days after the end of the each Fiscal Quarter commencing with the Fiscal Quarter ending June 30, 2012, quarterly operating statements, in such form as may be approved by Administrative Agent from time to time, which operating statements shall include actual quarterly and year-to-date net operating income and net cash flow results, rent rolls (on Borrower’s detailed form of rent roll), current and prospective lease status reports and occupancy summaries in the form customarily generated by borrowers owned by KBS REIT and its Affiliates for the Property dated as of the last day of such Fiscal Quarter, in form and substance satisfactory to Administrative Agent, certified on behalf of Borrower by Borrower’s advisor’s portfolio account controller. In addition, as soon as practicable, and in any event within forty-five (45) days after the end of the fourth Fiscal Quarter, a year-end operating statement, in such form as may be approved by Administrative Agent from time to time (collectively with the quarterly statements, the “Operating Statements”).

Operating Statements and Operating Results. As soon as practicable, and in any event within forty-five sixty (4560) days after the end of the each Fiscal Quarter calendar quarter commencing with the Fiscal Quarter calendar quarter ending June 30March 31, 20122014, quarterly operating statementsstatements for the Property, dated as of the last day of such calendar quarter, in such form as may be approved by Administrative Agent from time to time, which operating statements shall include actual quarterly and year-to-date net operating income and net cash flow results, aged receivables, rent rolls (on Borrower’s detailed form of rent roll), current and prospective lease status reports and occupancy summaries in the form customarily generated by borrowers owned by KBS REIT and its Affiliates for the Property dated as of the last day of such Fiscal QuarterAffiliates, in form and substance satisfactory to Administrative Agent, certified on behalf of Borrower by Borrower’s advisor’s portfolio account controller. In addition, as soon as practicable, and in any event within forty-five sixty (4560) days after the end of the fourth Fiscal Quartercalendar quarter, a year-end operating statement, in such form as may be approved by Administrative Agent from time to time (collectively with the quarterly statements, the “Operating Statements”).

Operating Statements and Operating Results. As soon as practicable, and in any event within forty-five sixty (4560) days after the end of the each Fiscal Quarter calendar quarter commencing with the Fiscal Quarter calendar quarter ending June 30December 31, 20122013, quarterly operating statementsstatements for the Property, dated as of the last day of such calendar quarter, in such form as may be approved by Administrative Agent from time to time, which operating statements shall include actual quarterly and year-to-date net operating income and net cash flow results, aged receivables, rent rolls (on Borrower’s detailed form of rent roll), current and prospective lease status reports and occupancy summaries in the form customarily generated by borrowers owned by KBS REIT and its Affiliates for the Property dated as of the last day of such Fiscal QuarterAffiliates, in form and substance satisfactory to Administrative Agent, certified on behalf of Borrower by Borrower’s advisor’s portfolio account controller. In addition, as soon as practicable, and in any event within forty-five sixty (4560) days after the end of the fourth Fiscal Quartercalendar quarter, a year-end operating statement, in such form as may be approved by Administrative Agent from time to time (collectively with the quarterly statements, the “Operating Statements”).

Operating Statements and Operating Results. As soon as practicable, and in any event within forty-five sixty (4560) days after the end of the each Fiscal Quarter calendar quarter commencing with the Fiscal Quarter calendar quarter ending June 30March 31, 20122014, quarterly operating statementsstatements for the Property, dated as of the last day of such calendar quarter, in such form as may be approved by Administrative Agent Lender from time to time, which operating statements shall include actual quarterly and year-to-date net operating income and net cash flow results, aged receivables, rent rolls (on Senior Borrower’s detailed form of rent roll), current and prospective lease status reports and occupancy summaries in the form customarily generated by borrowers owned by KBS REIT and its Affiliates for the Property dated as of the last day of such Fiscal QuarterAffiliates, in form and substance satisfactory to Administrative Agent, certified on behalf of Borrower by Borrower’s advisor’s portfolio account controllerLender. In addition, as soon as practicable, and in any event within forty-five sixty (4560) days after the end of the fourth Fiscal Quartercalendar quarter (commencing as of December 31, 2013), a year-end operating statement, in such form as may be approved by Administrative Agent Lender from time to time (collectively with the quarterly statements, the “Operating Statements”).