MODIFICATION OF GUARANTY AND CONSENT AND REAFFIRMATION OF GUARANTORModification of Guaranty and Consent and Reaffirmation of Guarantor • May 15th, 2024 • KBS Real Estate Investment Trust III, Inc. • Real estate investment trusts
Contract Type FiledMay 15th, 2024 Company IndustryThis Modification of Guaranty and Consent and Reaffirmation of Guarantor (this “Consent”) is attached to that certain Additional Advance and Third Modification Agreement (Long Form) (the “Modification Agreement”) dated as of February 9, 2024 by and among (i) KBSIII 1550 WEST MCEWEN DRIVE, LLC, KBSIII 155 NORTH 400 WEST, LLC, KBSIII 515 CONGRESS, LLC, and KBSIII 201 17TH STREET, LLC, each a Delaware limited liability company (individually or collectively as the context may require, “Borrower” or “Borrowers”), (ii) U.S. BANK NATIONAL ASSOCIATION, a national banking association, as agent (in such capacity, “Agent”), and (iii) each lender party hereto (individually, a “Lender” and collectively with any lender that becomes a party to the Loan Agreement (as defined in the Modification Agreement) in the future, the “Lenders”). All capitalized terms used but not defined in this Consent shall have the meanings given to such terms in the Modification Agreement. KBS REIT PROPERTIES III, LLC, a De