Deed of TrustDeed of Trust • May 11th, 2016 • KBS Strategic Opportunity REIT, Inc. • Real estate investment trusts
Contract Type FiledMay 11th, 2016 Company IndustryTable of Contents Part One – Deed of Trust 1. Preamble, Interpretation and Definitions 6 2. Issue of the Debentures; Terms of Issue; Pari Passu Debenture 11 3. Acquisition of Debentures by the Company and/or a Related Entity and distribution 12 4. Issue of additional Debentures 14 5. The Company’s undertakings 17 6. Securing the Debentures 31 7. Early redemption 39 7.1 Early redemption at the discretion of the TASE 39 7.2 Early redemption at the discretion of the Company 40 8. The right to declare the Debentures due and payable 42 9. Claims and proceedings by the Trustee 51 10. Receipts held in Trust 52 11. Power to demand payment to the holders through the Trustee 54 12 Power to withhold distribution of funds 54 13. Notice of distribution 55 14. Failure to pay for reasons not in the Company’s control 55 15. Receipt from the Debenture Holders and from the Trustee 57 16. Presentation of a Debenture to the Trustee; Registration with respect to partial payment 57 17. Investment of Funds 5