Letter AgreementIssuer Agreement • January 5th, 2016 • Hudson Pacific Properties, L.P. • Real estate • New York
Reference is made to (i) the Margin Loan Agreement dated as of December 29, 2015 among HPP BREP V Holdco A LLC, as borrower (the “Borrower”), [LENDER] (“Pledgee”) and the other lenders party thereto, and Citibank, N.A., as Administrative Agent (the “Loan Agreement”), (ii) the Pledge and Security Agreement of even date herewith between Pledgee, as secured party, and Borrower, as pledgor (the “Borrower Pledge Agreement”), (iii) each Guarantee of even date herewith in favor of Pledgee, the other lenders party thereto and Citibank, N.A., as Administrative Agent executed by (a) HPP BREP V.TE.1 Holdco A LLC, HPP BREP V.TE.2 Holdco A LLC, HPP BREP V.F Holdco A LLC, HPP BRE Holdings V Holdco A LLC, HPP BREP VI Holdco A LLC, HPP BREP VI.TE.1 Holdco A LLC, HPP BREP VI.TE.2 Holdco A LLC, HPP BREP VI AV Holdco A LLC, HPP BREP (AIV) VI Holdco A LLC, HPP BRE Holdings VI Holdco A LLC and HPP BFREP VI SMD Holdco A LLC (collectively, the “Holdco A Guarantors”) and (b) HPP BREP V Holdco B LLC, HPP BREP
