Company: HPP
Filing Date: 2025-02-25
Form Type: POSASR
Source: 0001193125-25-035221
Chunk: 14

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-02-25
Form: POSASR
Chunk 14
---
 place of conducting any proceeding for any remedy available to the trustee or exercising any trust or power conferred on the trustee with respect to the debt securities of that series. No holder of any debt security shall have any right to institute any proceeding, judicial or otherwise, with respect to the indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless:

| (a) | such holder has previously given written notice to the trustee of a continuing Event of Default with respect to 
 the debt securities of;                                                                                         |

11

| (b) | the holders of at least a majority in principal amount of the outstanding debt securities have made written     
 request to the trustee to institute proceedings in respect of such Event of Default in its own name as trustee; |

| (c) | such holder or holders have offered to the trustee indemnity or security reasonably satisfactory to the trustee    
 against the costs, expenses and liabilities that might be incurred by the trustee in compliance with such request; |

| (d) | the trustee for 60 days after its receipt of such notice, request and offer of indemnity has failed to 
 institute any such proceeding; and                                                                     |

| (e) | no direction inconsistent with such written request has been given to the trustee during such 60-day period by the holders of a majority in principal amount of the outstanding debt securities. |

Notwithstanding any other provision in the indenture, the holder of any debt security will have an absolute and unconditional right to receive payment of the principal of and interest, if any, on, that debt security on or after the due dates expressed in that debt security and to institute suit for the enforcement of payment. The indenture requires us, within 120 days after the end of our fiscal year, to furnish to the trustee a statement as to compliance with the indenture. If a Default or Event of Default occurs and is continuing with respect to the debt securities of any series and if it is known to a responsible officer of the trustee, the trustee shall mail to each holder of the debt securities of that series notice of a Default or Event of Default within 90 days after it occurs. The indenture provides that the trustee may withhold notice to the holders of debt securities of any series of any Default or Event of Default (except in payment on any debt securities of that series) with respect to debt securities of that series if the trustee determines in good faith that withholding notice is in the interest of the holders of those debt securities. Defeasance of Debt