Company: HPP
Filing Date: 2025-02-25
Form Type: POSASR
Source: 0001193125-25-035221
Chunk: 11

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-02-25
Form: POSASR
Chunk 11
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ants We will set forth in the applicable prospectus supplement any restrictive covenants applicable to any issue of debt securities. Merger, Consolidation or Sale Our operating partnership may not consolidate with or merge with or into, or convey, transfer or lease all or substantially all of its properties and assets to, any person (such person, a successor person), unless:

| (1) | our operating partnership is the surviving entity or the successor person (if other than our operating                                                                                                                                              
 partnership) is a corporation, partnership, trust or other entity organized and validly existing under the laws of any U.S. domestic jurisdiction and expressly assumes our operating partnership’s obligations on the debt securities or under the 
 indenture;                                                                                                                                                                                                                                          |

| (2) | immediately after giving effect to the transaction, no Default or Event of Default has occurred and is 
 continuing; and                                                                                        |

| (3) | if our operating partnership is not the successor person, then each guarantor of the debt securities, unless it                                                                                                                              
 has become the successor person, confirms that its guarantee will continue to apply to the obligations under the debt securities and the indenture to the same extent as prior to such merger, conveyance, transfer or lease, as applicable. |

Our operating partnership must deliver to the trustee prior to the consummation of the proposed transaction an officers’ certificate to the foregoing effect and an opinion of counsel stating that the proposed transaction and any supplemental indenture comply with the indenture. In the event of any transaction described in and complying with the conditions listed in the immediately preceding paragraphs in which our operating partnership and/or the Company are not the continuing entity, the successor person formed or remaining shall succeed, and be substituted for, and may exercise every right and power of ours, and our operating partnership and/or the Company shall be discharged from our obligations under the debt securities and the indenture. Events of Default The following events constitute Events of Default, unless otherwise provided by resolution of the board of directors, supplemental indenture or officer’s certificate:

| (a) | default in the payment of any interest on any debt security when it becomes due and payable, and continuance of                                                                                                                            
 such default for a period of 30 days (unless the entire amount of such payment is deposited by our operating partnership with the trustee or with a paying agent prior to 11:00 a.m., New York City time, on the 30th day of such period); |

| (b) | default in the payment of principal of any debt security at maturity