Common use of Rents Clause in Contracts

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants under the Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated as of the Apportionment Time (as defined below), to the extent actually collected by Seller prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing Date.

Rents. All rents3.1 Subtenant shall pay to Sublandlord rent at the rate per annum equal to the Sublease Rent as shown on Exhibit C attached hereto, percentage rentspayable in equal monthly installments in advance commencing on the Commencement Date and on the first (1st) day of each month thereafter, common area chargeswithout notice from Sublandlord, operating expensespro-rated for any partial month. Simultaneously upon execution of this Sublease and as a condition to the effectiveness of this Sublease, real estate taxes, parking charges and other costs or charges paid by tenants under Subtenant shall make an advance payment of one (1) month’s Sublease Rent to be applied to the Leases and licensees under the Licenses first (collectively, “Rents”1st) shall be prorated as full month’s Sublease Rent. Regardless of the Apportionment Time (as defined below)method of charging for electricity selected in Section 1.16, the Sublease Rent does not include electricity. 3.2 Commencing on the Commencement Date, Subtenant shall pay to Sublandlord additional rent equal to Subtenant’s Proportionate Share of the Tax Payment to the extent actually collected by Seller prior that same exceeds the Base Taxes. 3.3 Commencing on the Commencement Date, Subtenant shall pay to Sublandlord additional rent equal to Subtenant’s Proportionate Share of the Operating Payment to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first extent that same exceeds the Base Operating Expenses. 3.4 Subtenant’s payments under Section 3.2 in respect of Subtenant’s Proportionate Share of a Tax Payment and Section 3.3 in respect of Subtenant’s Proportionate Share of an Operating Payment shall be applied to such charges as are then due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Timedates on which Sublandlord’s payments under the corresponding provisions of the ▇▇▇▇▇▇▇▇▇ are due to Overlandlord and shall be pro-rated for any partial month or year during the Term, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquenciesas appropriate; provided, however, that Seller (except for subsequent continuing equal monthly payments) no such payment shall be due until twenty (20) days after Sublandlord shall have furnished Subtenant with notice thereof, together with a copy of the related ▇▇▇▇ and relevant supporting documentation from Overlandlord (or a copy thereof as received by Sublandlord from Overlandlord), if any. 3.5 If Overlandlord shall issue to Sublandlord any credit or refund in respect of a Tax Payment or Operating Payment relating to any part of the Term, Sublandlord shall (a) provide Subtenant with a copy of the supporting documentation received by Sublandlord from Overlandlord (if any) and (b) within thirty (30) days of receipt thereof, pay to Subtenant (or at Sublandlord’s option, apply a credit or refund) in the amount equal to Subtenant’s Proportionate Share of such credit or refund remaining after deducting therefrom: 3.5.1 the portion, if any, of such credit or refund resulting from any reduction in Taxes and Assessments to an amount less than the Base Taxes or to any reduction in Operating Expenses to an amount less than the Base Operating Expenses, and 3.5.2 Subtenant’s Proportionate Share of any costs and expenses, including attorneys’ fees, incurred by Sublandlord in connection with compelling Overlandlord to obtain such credit or refund. 3.6 If the amount of the Base Operating Expenses shall be reduced by reason of audit or otherwise, the reduced amount shall be used in computing Subtenant’s liability under Section 3.3 hereof, with respect to periods after such reduction and for recomputing Subtenant’s liability with respect to periods prior to such reduction. Subtenant shall pay Sublandlord any additional amounts due in respect of such prior periods within twenty (20) days of Sublandlord’s delivery of a ▇▇▇▇ therefor, which shall be accompanied by a copy of the supporting documentation received by Sublandlord (if any). 3.7 Subtenant shall, within twenty (20) days after Sublandlord’s delivery to Subtenant of Overlandlord’s invoice, pay or reimburse Sublandlord for all costs and expenses payable under the ▇▇▇▇▇▇▇▇▇ arising out of Subtenant’s requests for services, or other acts or omissions, including (a) supplemental chilled or condenser water, (b) above building standard or overtime HVAC, (c) extra cleaning, (d) overtime or dedicated freight elevator service, and (e) any maintenance, repair or other service for which a separate charge is made by Overlandlord. Sublandlord shall then promptly pay to Overlandlord such payment or reimbursement made by Subtenant to Sublandlord hereunder, unless Sublandlord had already paid Overlandlord such payment. Notwithstanding the foregoing, Subtenant shall have the right to request such additional day to day services, as set forth in (a)-(e) hereof, directly from Overlandlord, provided that Subtenant shall promptly notify Sublandlord, by telephone or email, to the party designated in writing by Sublandlord, of any such request if the estimated cost of such service is greater than One Thousand Dollars ($1,000.00) per service request. Subtenant’s failure to so notify Landlord shall not be entitled deemed a Default under this Sublease, provided however, in the event that Subtenant fails to dispossess so notify Sublandlord three (3) times within any six (6) month period, then the next such tenants or licenseesfailure shall be deemed to be a Default hereunder. Subtenant shall pay, disturb their possession of their leased premisesas additional rent, seek any involuntary bankruptcy of any tenant or licenseefor services requested directly from Overlandlord as prescribed in this Section 3.7. This Section 3.7 shall not be applicable to electricity, or take any non-judicial action that which is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. covered by Section 9 hereof. 3.8 As used herein, the term “Apportionment Timeadditional rent” shall mean 11:59 p.m. Pacific refer to all sums of money which shall become due and payable by Subtenant to Sublandlord hereunder, other than Sublease Rent, and the terms “rent” and “rents” shall both refer to Sublease Rent and additional rent. All rents shall be payable in lawful money of the United States at such place and to such person as Sublandlord shall from time on to time designate. 3.9 Subtenant shall promptly pay all rents due hereunder as and when the date immediately prior same shall become due and payable without set-off, offset or deduction of any kind whatsoever (except as expressly provided otherwise) and, if Subtenant fails to pay any additional rent when due, Sublandlord shall have all of the Closing Daterights and remedies provided for herein or at law or in equity as in the case of non-payment of Sublease Rent. 3.10 Sublandlord’s failure to deliver any statements or bills required to be delivered to Subtenant hereunder, or Sublandlord’s failure to make a demand under this Sublease, shall not be a waiver of, or cause Sublandlord to forfeit or surrender, its rights to collect any rents which may have become due pursuant to this Sublease. Subtenant’s liability for rents accruing during the Term, and Sublandlord’s obligation to refund overpayments of or adjustments to rents paid to it by Subtenant, shall survive the expiration or sooner termination of this Sublease. 3.11 If Subtenant fails to pay Sublandlord any installment of rents when due hereunder, then Subtenant shall pay interest thereon at the Interest Rate until such amount has been paid to Sublandlord. Such interest shall be deemed additional rent due hereunder.

Rents. All rents2.1 Throughout the Term of this Sublease, percentage rentsSubtenant shall pay, common area chargeson the first day of every month, operating expenseswithout prior notice or demand and without set-off or reduction, real estate taxesas rental for the Subtenant’s Premises, parking charges the sum equal to one-twelfth (1/12th) of the annual Sublease Rent, as hereinafter defined. If the Term commences on a date other than the first day of a month, Sublease Rent for the period commencing on the first day of the Term and other costs or charges paid by tenants under continuing for the Leases and licensees under the Licenses (collectively, “Rents”) remainder of such month shall be prorated as at the rate of one-three hundred sixtieth (1/360th) of the Apportionment Time annual Sublease Rent per day and shall be due and payable on the commencement of the Term. Sublease Rent is defined as the product of: (i) the annual per square foot cost incurred by Tenant in operating the Leased Premises, which is comprised of (a) the “Basic Rent” under the Lease (as defined belowthe same may from time to time be reduced pursuant to Section 37 of the Lease), (b) the “Operating Expenses” under the Lease, (c) net parking expenses, and (d) at any time that Tenant’s facilities department is providing facilities services to the extent actually collected Subtenant’s Premises as more particularly set forth in Section 7.13 below, the cost of facilities services; multiplied by Seller prior (ii) the agreed upon number of rentable square feet in the Subtenant’s Premises as provided in Recital B above. For calendar year 2003, the annual Sublease Rent shall be $24.00 per square foot. Thereafter, Tenant shall provide annual notice to Subtenant of any adjustment to the Closing DateSublease Rent. All Rents received from tenants or licensees after Closing Any such adjustment shall be solely the result of changes in the amount of the Basic Rent and/or Operating Expenses paid by Seller or Purchaser will first Tenant to Landlord in accordance with the Lease (other than charges for Tenant’s Insulation, which shall not be applied included), net parking expenses and/or changes in facilities services expenses. In the event there is a reconciliation adjustment to such charges as are then due Tenant’s Rent paid for the month in which Closing occurs Leased Premises (credit or additional billing due) during any calendar year, Tenant shall provide the reconciliation amount along with the annual notice that sets forth the Sublease Rent for the following year, and prorated appropriately appropriate payments shall be made between the parties based on within a reasonable time. In addition, Tenant shall provide detailed support of any adjustment to the Apportionment TimeSublease Rent, which may include, if requested by Subtenant, any applicable back-up reasonably obtainable from Landlord. 2.2 In the event that Subtenant timely requests in writing that Tenant exercise its right pursuant to Section 3(c) of the Lease to audit the Annual Operating Expense Statement for a particular year, and then applied delivers to any delinquencies Tenant concurrently therewith a statement setting forth Subtenant’s justification for auditing the Annual Operating Expense Statement for such year, Tenant shall in their reverse order of accrual until such delinquencies have been satisfied in fullgood faith consider Subtenant’s request. For If Tenant audits the Annual Operating Expense Statement for a period of nine (9) months after the Closing Dateparticular year at Subtenant’s request, Purchaser shallthen, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent unless Landlord pays for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt cost of such Rentsaudit as more particularly set forth in the Lease, less third partySubtenant shall reimburse Tenant, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent as additional rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt for the costs of such Rentsaudit. In the event that such audit reveals an overpayment of Operating Expenses, together with appropriate supporting documentation. With respect Tenant shall credit the portion of such overpayment allocable to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies Subtenant’s Premises against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession monthly installment(s) of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses Sublease Rent next due and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing Datepayable.

Rents. All rents3.1. Subject to Section 1.10 of this Sublease, percentage rents, common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants under the Leases and licensees under the Licenses Subtenant shall pay to Sublandlord rent (collectively, “RentsBase Rent”) shall be prorated as of at the Apportionment Time (as defined below), rate per annum equal to the extent actually collected by Seller prior Sublease Base Rental Rate, payable in monthly installments (which are equal in amount over the applicable year or applicable shorter period) in advance on the Base Rental Commencement Date and on the first day of each month thereafter, pro-rated for any partial month or any period less than a year. Upon execution of this Sublease, Subtenant shall make an advance payment of one month’s Base Rent to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due the first full month’s Base Rent. 3.2. Commencing on the Commencement Date, Subtenant shall pay to Sublandlord additional rent equal to Subtenant’s Proportionate Share of all amounts payable by Sublandlord attributable to increases in Real Estate Taxes above Real Estate Taxes for the month Sublease Real Estate Taxes Base Year (i.e., the average of the Real Estate Taxes payable for the 2004/2005 tax fiscal year and the Real Estate Taxes payable for the 2005/2006 tax fiscal year). 3.3. [OMITTED] 3.4. Subtenant’s payments under Section 3.2 in which Closing occurs and prorated appropriately between the parties based respect of Real Estate Taxes shall be due on the Apportionment Time, dates on which Sublandlord’s payments under the corresponding provisions (relating to payments of additional rent on account of Real Estate Taxes) of the ▇▇▇▇▇▇▇▇▇ are due to Overlandlord and then applied to shall be pro-rated for any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants partial month or licensees to recover such delinquenciesyear; provided, however, that Seller (except for subsequent continuing payments in the same or lesser amount) no such payment of any such additional rent shall be due until the earlier of 1) the date that Sublandlord is required to make payment on account of such additional rent, or 2) ten days after Sublandlord shall have furnished Subtenant with notice of such additional rent (to the extent Subtenant has received notice thereof from the Overlandlord), together with a copy of the related ▇▇▇▇ and supporting documentation received by Sublandlord. 3.5. If Overlandlord shall issue to Sublandlord any credit or refund in respect of Real Estate Taxes relating to any part of the term of this Sublease, and if Subtenant is not in default under this Sublease, and to the extent Subtenant has paid additional rent under this Sublease on account of the Real Estate Taxes with respect to which such credit or refund applies, then Sublandlord shall (a) provide Subtenant with a copy of the supporting documentation received by Sublandlord and (b) give to Subtenant a credit or refund equal to Subtenant’s Proportionate Share of the portion of such credit or refund remaining after deducting therefrom: 3.5.1. the portion, if any, of such credit or refund resulting from any reduction in Real Estate Taxes to an amount less than the Real Estate Taxes for the Sublease Real Estate Taxes Base Year, and 3.5.2. any reasonable costs and expenses, including reasonable attorneys’ fees, incurred by Sublandlord in connection with obtaining such credit or refund. 3.6. If the amount of Real Estate Taxes for the Sublease Real Estate Taxes Base Year shall be reduced (by reason of assessment reduction, audit, or otherwise), the reduced amount shall be used in computing Subtenant’s liability under Section 3.2, with respect to periods after such reduction and for recomputing Subtenant’s liability with respect to periods prior to such reduction. Subtenant shall pay Sublandlord any additional amounts due in respect of such prior periods within ten days of Sublandlord’s ▇▇▇▇ therefor which shall be accompanied by a copy of the supporting documentation received by Sublandlord. 3.7. [OMITTED]. 3.8. Subtenant shall, within ten days of demand, pay or reimburse Sublandlord for all amounts payable under the ▇▇▇▇▇▇▇▇▇ arising out of Subtenant’s requests for services or other acts or omissions, including (a) supplemental chilled or condenser water, (b) above building standard or overtime HVAC, (c) extra cleaning, (d) overtime or dedicated freight elevator service, and (e) any maintenance, repair or other service for which a separate charge is made by Overlandlord. This Section 3.8 shall not be entitled applicable to dispossess such tenants or licenseeselectricity, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that which is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licensescovered by Section 9 hereto. 3.9. As used herein, herein the term “Apportionment Time” "additional rent" shall mean 11:59 p.m. Pacific refer to all sums of money which shall become due and payable by Subtenant to Sublandlord hereunder, other than Base Rent, and the term "rents" shall refer to Base Rent and additional rent. All rents shall be payable in lawful money of the United States at such place and to such person as Sublandlord shall from time on to time designate. 3.10. Subtenant shall promptly pay all rents as and when the date immediately prior same shall become due and payable without set-off, offset or deduction of any kind whatsoever and, if Subtenant fails to pay any additional rent when due, Sublandlord shall have all of the Closing Daterights and remedies provided for herein or at law or in equity as in the case of non-payment of Base Rent. 3.11. Sublandlord's failure to deliver any statements or bills required to be delivered to Subtenant hereunder, or Sublandlord's failure to make a demand under this Sublease, shall not be a waiver of, or cause Sublandlord to forfeit or surrender, its rights to collect any rents which may have become due pursuant to this Sublease. Subtenant's liability for rents accruing during the term of this Sublease, and Sublandlord's obligation to refund overpayments of or adjustments to rents paid to it by Subtenant, shall survive the expiration or sooner termination of this Sublease.

Rents. All rentsfixed and additional rentals under the Tenant Leases (including gross-up amounts for excise taxes), percentage rents, common area charges, operating expenses, real estate taxes, parking charges refundable security deposits (except as hereinafter provided) and other costs or tenant charges paid by tenants under the Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated as between Buyer and Seller, Seller being charged and credited for all of the Apportionment Time (as defined below), same allocable to the extent actually collected by period up to the Closing Date and Buyer being charged and credited for all of the same allocable to the period from and after the Closing Date. Seller shall be entitled to retain all paid rent and other items allocable to the period prior to the Closing. Seller shall deliver or provide a credit in an amount equal to all prepaid rentals for periods from and after the Closing Date and all refundable cash security deposits listed on Exhibit K which are not applied or forfeited prior to the Closing Date pursuant to the Tenant Leases to Buyer on the Closing Date. All Rents Except for any Government Tenant (defined herein below), rents which are delinquent as of the Closing Date shall not be prorated on the Closing Date. Buyer shall include such delinquencies in its normal billing and shall diligently pursue the collection thereof in good faith after the Closing Date (but Buyer shall not be required to litigate or declare a default under any Tenant Lease). To the extent Buyer receives rents (or income in connection with other tenant charges) on or after the Closing Date, such payments shall be applied first toward the rent (or other tenant charge) owed to Buyer in connection with the Tenant Leases for which such payment are received, then for rent (or other tenant charges) for the month in which the Closing occurs, and then to any delinquent rents (or other tenant charges) owed to Seller, with Seller’s share thereof being promptly delivered to Seller; provided, however, that any year-end or similar reconciliation payment shall be allocated in accordance with the charges (and in the case of tenant reimbursements, the underlying expenses) in Seller’s and Buyer’s respective periods of ownership. Buyer may not waive any delinquent rents nor modify any Tenant Lease after the Closing Date so as to reduce or otherwise affect amounts owed thereunder for any period in which Seller is entitled to receive a share of charges or amounts without first obtaining Seller’s written consent. Seller hereby reserves the right to pursue any remedy against any tenant owing delinquent rents and any other amounts owing to Seller for which Seller did not receive a credit at Closing (but shall not be entitled to terminate such Tenant Lease or such tenant’s right to possession); provided however (x) in no event shall Seller have the right to pursue any remedy against Whole Foods or Long’s Drugs (CVS) (but Seller shall have the right to contact such tenants to demand payment of delinquent amounts); and (y) with respect to any tenants for whom Seller seeks amounts due it that Seller is allowed to pursue hereunder, Seller shall first provide written notice to Buyer that it intends to collect such amounts (a “Collection Notice”), in which event the Buyer shall have thirty (30) days after receipt of such Collection Notice to collect such amounts in the ordinary course of its business. In the event the amounts pursuant to a Collection Notice are not fully collected within thirty (30) days after Buyer’s receipt of such Collection Notice, Seller may pursue remedies for such sums due it from tenants, provided Seller shall not attempt to terminate any Lease or evict any Tenant. Buyer shall reasonably cooperate with Seller in any collection efforts hereunder (but shall not be required to litigate or 13 declare a default under any Tenant Lease). With respect to delinquent rents and any other amounts or other rights of any kind respecting tenants who are no longer tenants of the Property as of the Closing Date, Seller shall retain all rights relating thereto. With respect to any government tenant under a Tenant Lease that customarily pays rent one (1) months in arrears (a “Government Tenant”), Buyer and Seller acknowledge and agree that amounts received after the Closing Date from tenants or licensees after Closing by Seller or Purchaser will such Government Tenant shall first be applied to such charges as are then rent (and other tenant charges) due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Timeoccurs, and then applied to for any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine delinquent rents (9or other tenant charges) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit owed to Seller any Rents received by Purchaser subsequent in an total amount not to Closing which are attributable to periods prior to Closing within ten exceed one (101) Business Days from Purchaser’s receipt month of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit then to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from Buyer for all current rent (and after Closing within ten (10other tenant charges) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing Datedue Buyer.

Rents. All base or minimum rents (the “Minimum Rents”), additional rents, percentage rents, common area chargesmaintenance expenses, operating expenses, real estate taxes, parking charges expenses and all other costs rents or charges paid by tenants under income pertaining to the Leases and licensees under the Licenses Property from all Tenants (collectively, the “Rents”) shall be prorated as of the Apportionment Time (as defined below)Proration Date between Seller and Purchaser based upon the respective days of ownership of Seller and Purchaser, to in the extent actually collected by Seller prior to the Closing Datemanner hereafter set forth: 7.3.2.1. All Minimum Rents received from tenants or licensees after for the calendar month of Closing by Seller or Purchaser will first shall be applied to such charges as are then due prorated for the month in which Closing occurs and prorated appropriately between if collected on or before the parties based on Proration Date. There shall be no proration or adjustment for any past due Minimum Rents. Seller shall reimburse Purchaser at Closing for all Minimum Rents prepaid to Seller for any period after the Apportionment Timecalendar month during which the Closing occurs. 7.3.2.2. Purchaser shall be credited with the amount of all operating expenses, common area maintenance, insurance, Taxes, and then applied all other reimbursements from Tenants (collectively, the “Tenant Contributions”) for the month of Closing received by Seller and attributable to any delinquencies in their reverse order period following the Proration Date. Neither Seller nor Purchaser shall receive credit at Closing for any payments or obligations for any Tenant Contributions due but not paid as of accrual until such delinquencies have been satisfied in fullthe Proration Date. For a At the time of the final calculation and collection from Tenants of Tenant Contributions for the period of nine (9) months after including the Closing Date, whether in the nature of a reconciliation payment or full payment, in arrears or otherwise, there shall be a reproration between Seller and Purchaser shallwith respect to the Tenant Contributions. Such reproration shall not be made on the basis of a per diem method of allocation, at no out-of-pocket cost but shall instead be apportioned between Seller and Purchaser on the basis of the relative share of actual expenses in question incurred by Seller and Purchaser during the Lease year in question. To the extent that any Lease requires any Tenant to itmake a lump sum payment to Seller after the Closing Date based upon actual Taxes, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent operating or similar expenses for the period prior Property during the year in which Closing occurs, such lump sum payment shall be prorated between Seller and Purchaser, as follows: (a) payments for items such as Taxes which are allocable equally over the year shall be prorated in proportion to the number of days during such year for which Seller and Purchaser owned the Property, and (b) payments such as operating expenses which fluctuate during the year shall be prorated as necessary to reflect the expenditures actually made by Seller and Purchaser in connection with the expense to which such payments apply. At Closing. , Seller and Purchaser shall remit to Seller any Rents received mutually and in good faith estimate the amount, if any, by Purchaser subsequent to Closing which are attributable to tenants have overpaid Tenant Contributions for periods prior to the Closing within ten (10) Business Days from Purchaser’s receipt Date and, at Closing, Purchaser shall receive a credit in the amount of such Rentsestimate. Notwithstanding the foregoing, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit continue to be responsible for the amount of such over payments if such credit funds shall be insufficient to pay the same. If and when Purchaser collects any past due Rents or Tenant Contributions after Closing, after reimbursement to Purchaser for collection expenses, such net past due Rents or Tenant Contributions collected shall be applied first to any Rents received by Seller subsequent amounts owing to Closing which are attributable to periods Purchaser for any period from and after Closing the Closing, then to Seller for past due Rents or Tenant Contributions in order of due date. If any delinquent Rents or Tenant Contributions due Seller is not paid by the Tenant within ten ninety (1090) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for days after the period prior to Closing, Seller shall have retain the right to pursue all rights and any remedies of Seller against the applicable tenants Tenants after Closing for any delinquent Rents or licensees Tenant Contributions owed to recover such delinquencies; providedSeller, however, that Seller shall not be entitled to dispossess such tenants except for dispossessory or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing Datedistress proceedings.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges Rents and other costs or charges paid payable by tenants under the Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated apportioned as and when collected. Any Rents collected by Purchaser (which shall include Rents collected by any agent acting for Purchaser) subsequent to the Closing (whether due and payable prior to or subsequent to the Closing Date) shall be adjusted as of the Apportionment Time 11:59 p.m. on the Closing Date (as defined belowthe “Adjustment Point”), and any portion thereof properly allocable to periods prior to the extent actually Adjustment Point, net of costs of collection properly allocable thereto, if any, shall be paid by Purchaser to Seller (or such parties as may be directed by Seller) promptly after the collection thereof by Purchaser, but subject to the further provisions of this Section in the case of Rents due prior to the Adjustment Point. If prior to the Closing any entity within the term Seller have collected any Rents (which shall include Rents collected by any agent acting for such parties) which are properly allocable in whole or in part to periods subsequent to the Adjustment Point, the portion thereof so allocable to periods subsequent to the Adjustment Point, net of costs of collection properly allocable thereto, if any, shall be credited to Purchaser by Seller at the Closing. As used in this Section the term “costs of collection” shall mean and include reasonable attorneys’ fees and other costs incurred by Purchaser or Seller in collecting any Rents, but shall not include the regular fees payable to any property manager for the Property, the payroll costs of any of Seller’s employees or any other internal costs or overhead of Seller or Purchaser. 1. Ten (10) business days prior to the Closing, Seller shall deliver to Purchaser a list of all tenants which are delinquent in payment of Rents, which list shall set forth the amount of each such delinquency, the period to which each such delinquency relates and the nature of the amount due itemizing separately, as applicable, fixed monthly rent, tax reimbursements, common area maintenance, operating expense escalations, electric charges, charges for tenant services, charges for overtime services, percentage rent and other charges, if any. Any amount collected by Purchaser after the Closing Date, from tenants who owe Rents for periods prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first , shall be applied to such charges as are then due (i) first, in payment of Rents for the month in which the Closing Date occurs (the “Closing Month”), and in payment of Rents for the periods following the Closing Month and (ii) second, in payment of Rents for the periods preceding the Closing Month. Each such amount, less any costs of collection (including reasonable counsel fees) reasonably allocable thereto, shall be adjusted and prorated appropriately between as provided above, and the parties based party who receives such amount shall promptly pay over to the other party the portion thereof to which it is so entitled. 2. Purchaser shall use commercially reasonable efforts to b▇▇▇ and collect any delinquencies set forth on the Apportionment Time, and then applied list delivered by Seller pursuant to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For this Section for a period of nine six (96) months after the Closing and the amount thereof, as, when and to the extent collected by Purchaser, shall, if due to Seller pursuant to the provisions of this Section, be paid by Purchaser to Seller (or such parties as directed by Seller), less any costs of collection (including reasonable counsel fees) reasonably allocable thereto, promptly after the collection thereof by Purchaser. In no event shall Purchaser be obligated to institute any actions or proceedings or to seek the eviction of any tenant in order to collect any such delinquencies. Thereafter, Seller shall have the right to s▇▇ tenants to collect such delinquencies and Purchaser shall cooperate (but shall not be obligated to spend any money unless Seller have agreed to reimburse Purchaser therefor) with Seller to the extent reasonably necessary, provided, however, Seller shall have no right to cause any such tenant to be evicted or to exercise any other “landlord” remedy (as set forth in the Lease) against such tenant other than to s▇▇ for collection. 3. Following the Closing and upon the written request of Seller, as applicable, Purchaser shall submit or cause to be submitted to Seller, within thirty (30) days after the end of each calendar quarter up to and including the calendar quarter which includes the date that is six (6) months after the Closing Date, but only so long as any delinquencies shall be owed to Seller, a statement which sets forth all collections made by Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for which owe such delinquencies through the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt end of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentationcalendar quarter. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right from time to pursue time following the Closing until ninety (90) days after receipt by Seller of the last quarterly statement required hereunder, at Seller’s expense, to examine and audit so much of the books and records of Purchaser as relate to such delinquencies in order to verify the collections reported by Purchaser in such quarterly statements. 4. Purchaser agrees not to waive or settle any delinquency owed in whole or in part to Seller without the prior written consent of Seller, which consent may be granted or withheld in Seller’s reasonable discretion. 5. With respect to that portion of Rents which are payable on an annual, semiannual or other non-monthly basis, all rights such payments which become due after the Closing, to the extent allocable to periods prior to the Adjustment Point, shall be paid by Purchaser to Seller (or such parties as may be directed by Seller) promptly after receipt thereof, subject to costs of collection, if any, properly allocable thereto. With respect to that portion of Rents that are attributable to payments of expenses such as common area maintenance charges, association charges or advertising and remedies against promotional charges, such Rents shall be apportioned based on which party paid or will pay the applicable correlating expenses for the relevant period. With respect to that portion of Rents which are billed on an index-based formula or on an estimated basis during the fiscal or other period for which paid, at the end of such fiscal or other period Purchaser shall determine whether the items in question have been over billed or under billed (or over- or under-estimated, as applicable). If there has been an over billing or over-estimation and an over billed/estimated amount has been received, Seller shall, promptly after request by Purchaser, pay to Purchaser the portion of such over billed/estimated amount which is properly allocable to the period prior to the Adjustment Point (to the extent such amount was actually received), and promptly thereafter Purchaser shall reimburse the entire over billed/estimated amount to the tenants which paid the same. If there has been an under billing or licensees under-estimation, the additional amount shall be billed by Purchaser to recover the tenants and any amount received by Purchaser, net of costs of collection, if any, to the extent properly allocable to periods prior to the Adjustment Point shall promptly be paid by Purchaser to Seller (or such delinquencies; providedparties as may be directed by Seller). In the event that a tenant requires an audit with respect to an over-billing or under-billing that relates to the time period prior to the Adjustment Point, howeverPurchaser shall promptly notify Seller and Seller may either (i) conduct such audit at its sole cost and expense, that in which case Seller shall not consult with Purchaser in the conduct of same and Purchaser shall reasonably cooperate with Seller and provide Seller with reasonable access to any books and records reasonably necessary to conduct such audit or (ii) decline to conduct such audit, in which case Seller shall reimburse Purchaser for the reasonable costs incurred by Purchaser to conduct such audit relating to the time period prior to the Adjustment Point. Seller shall maintain all books and records that may be relevant to any audit for the time period required by the respective Lease, and provide Purchaser and the respective Tenant access thereto in connection with any audit that is permitted by such Lease. 6. Notwithstanding anything to the contrary set forth in this Section, Seller (or such parties as may be directed by Seller) shall be entitled to dispossess receive, and Purchaser shall pay to Seller (or such parties as may be directed by Seller) promptly after receipt thereof, net of costs of collection and reasonable attorneys’ fees, if any, properly allocable thereto, (i) all amounts payable by tenants on account of all real estate and personal property taxes, general and special assessments, water and sewer charges, license fees and other fees and charges assessed or licenseesimposed by governmental authorities upon the Properties (the “Impositions”) which, disturb their possession pursuant to the terms of their leased premisesthis Section, seek any involuntary bankruptcy it is Seller’s obligation to pay and discharge (to the extent Seller either paid such amounts or Purchaser received a credit therefor pursuant to this Section), which amounts shall be apportioned between Seller and Purchaser in the same manner as the Impositions to which they relate and (ii) all amounts payable by tenants on account of any tenant utilities which, pursuant to the terms of this Section, it is Seller’s obligation to pay and discharge (to the extent Seller either paid such amounts or licenseePurchaser received a credit therefor pursuant to this Section), which amounts shall be apportioned between Seller and Purchaser in the same manner as the utilities to which they relate. Notwithstanding anything to the contrary set forth in this Section, Purchaser shall be entitled to receive, and Seller shall pay to Purchaser promptly after receipt thereof, net of costs of collection and reasonable attorneys’ fees, if any, properly allocable thereto, (i) all amounts payable by tenants on account of Impositions which, pursuant to the terms of this Section, it is Purchaser’s obligation to pay and discharge (to the extent Purchaser either paid such amounts or take any non-judicial action that Seller received a credit therefor pursuant to this Section), which amounts shall be apportioned between Seller and Purchaser in the same manner as the Impositions to which they relate and (ii) all amounts payable by tenants on account of utilities which, pursuant to the terms of this Section, it is calculated Purchaser’s obligation to materially interfere with pay and discharge (to the extent Purchaser either paid such tenants’ amounts or licensee’s ability Seller (or a party designated by Seller) received a credit therefor pursuant to operate their businesses this Section), which amounts shall be apportioned between Seller and satisfy their obligations under their Leases Purchaser in the same manner as the utilities to which they relate. 7. Any advance rental deposits or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time payments held by Seller on the date immediately prior Closing Date and applicable to periods of time subsequent to the Adjustment Point, and any security deposits held by Seller on the Closing Date, together with any interest thereon, if any, which, under the terms of the applicable Leases, is payable to the tenants thereunder, shall be paid or credited to Purchaser at the Closing.

Rents. All rentsThe Sublessee agrees to pay as basic rent ("Basic Rent") for use of the Project the aggregate of the amounts for which provision is made in this Section: (a) Sublessee shall pay as Basic Rent the monthly sum of Twenty-Two Thousand Five Hundred Sixty-Six and 50/100 ($22,566.50) Dollars payable on the first day of each and every month in advance commencing on the day which is ninety-one (91) days following the Completion Date and continuing during the first five years of the Sublease Term. The Sublessee shall pay Twenty-Six Thousand Nine Hundred Twenty-Five and 94/100 ($26,925.94) payable on the first day of each and every month in advance during the remainder of the Sublease Term. Rent for a fractional month at the beginning or end of the Sublease Term shall be prorated on a per diem basis. If any part of such Basic Rent is not paid within fifteen (15) days from the date the same shall be due, percentage rentsSublessee shall pay a late charge of three (3%) per cent of such unpaid rent, common area chargeswhich late charge shall be deemed to be additional rent. (b) The Sublessee agrees to pay to the appropriate party, or otherwise to Sublessor, when due, or otherwise assume and pay, all other costs of maintaining and operating expensesthe Project, including taxes, assessments on the Sublessee's interest in the Project, real estate taxes, parking charges or excises as provided in Section 8 and other costs or charges paid by tenants under the Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated as 20 of the Apportionment Time Enabling Act, but specifically excluding (i) any costs related to the principal, interest or premium on the Bonds, all amounts due to the Trustee for its annual fee or for extraordinary services rendered or extraordinary expenses incurred by it, and all expenses of the paying agent as defined belowrequired pursuant to the Lease, and (ii) other expenses or obligations of Sublessor hereunder (including, without limitation, those set forth in Article V hereof), all of which costs, expenses and obligations listed in this subsection 4.2(b)(i) and (ii) Sublessor covenants and agrees to pay. If the extent actually collected by Seller prior Sublessee should fail to make any of the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due for the month payments required in which Closing occurs and prorated appropriately between the parties based on the Apportionment Timethis Section, and then applied to any delinquencies such failure shall continue past the period for cure thereof provided in their reverse order Article IX hereof, the item or installment so in default shall continue as an obligation of accrual the Sublessee until such delinquencies the amount in default shall have been satisfied in fullfully paid, and the Sublessee agrees to pay the same with interest thereon at the rate of ten per cent (10%) per annum commencing with the expiration of such cure period and continuing until paid. For a period of nine (9) months after If the Closing DateSublessee fails to pay real estate taxes when due, Purchaser shallthe Sublessor or the Municipality, at no out-of-pocket the direction of the Bondholders, may pay the same and add the cost to it, cooperate with Seller’s efforts rent and may require the Sublessee thereafter to collect from pay each month an amount equal to one-twelfth of the tenants and licensees all Rents that are delinquent for annual real estate taxes as reasonably estimated by the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing DateSublessor.

Rents. All rents(a) Purchaser will receive a credit for all prepaid Rents, if any, paid by any tenants. Rents under the Leases will be adjusted and pro rated on an “if as and when collected” basis. If, on the Closing Date, there are any unpaid rents for the month of Closing or past due Rents owing by any tenant for any prior period, Rents collected by Purchaser after the Closing Date from such tenants will be applied first, to amounts due Purchaser for periods following the month in which the Closing occurred, second, to the month of Closing; third, to amounts due Seller for the month prior to Closing; and fourth, to amounts due Seller for periods prior to the month before the Closing occurred. The party receiving such amount shall pay to the other party the portion to which it is entitled, within ten (10) days of its receipt of same. (b) Supplementing subsection (a) above, additional or escalation rent based upon: (x) a percentage rents, common area chargesof sales or (y) tenant’s share of real estate taxes, operating expenses, real estate taxeslabor costs, parking charges and other costs of living indices or charges paid by tenants under the Leases and licensees under the Licenses ▇▇▇▇▇▇’▇ wages (collectively, “RentsOverage Rent”) shall be prorated adjusted and pro rated on an if, as of the Apportionment Time (as defined below), and when collected basis. The following shall apply to the extent actually collected by Seller Overage Rent is billed on the basis of Landlord’s estimates or an annual budget, which is subject to subsequent reconciliation and readjustment with each such tenant at the end of the applicable year: (i) At least five (5) business days prior to the Closing Date. All Rents received from tenants or licensees after Closing by , Seller or shall provide Purchaser will first be applied to such charges as are then due with a reconciliation statement for the then current calendar year through the end of the calendar month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after preceding the Closing Date, Purchaser shallwith all necessary supporting documentation, at no out-of-pocket cost as to it, cooperate with the Overage Rent paid by the tenants for the then current calendar year. Such reconciliation statement shall indicate any difference between the Overage Rent paid by the tenants (based on Seller’s efforts then current annual budget for real estate taxes and operating expenses) and the amount that should have been paid by the tenants through the Closing Date (based on the actual expenses covering such time period); (ii) If the Seller has collected more on account of such Overage Rent than such actual amount for such time period (with it being acknowledged that such calculation shall be made only with respect to collect actually collected Overage Rent sums for such time period, and not any such sums that may be so receivable from tenants), then the amount of such difference shall be credited to Purchaser at the Closing; (iii) If Seller has collected less from the tenants for Overage Rents than the actual amounts for such time period, then the amount of such under-collected rents shall be paid and licensees all Rents that are delinquent delivered to Seller; (iv) Any Seller proposed prorations relating to Overage Rent shall be subject to Purchaser’s review and reasonable approval. Subject to Section 11.6 hereof, there shall be no reproration of Overage Rent after the Closing. (c) The provisions of this Section 11.4 (except for taxes and any supplemental or revised property tax ▇▇▇▇ relating to the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing Date) shall survive the Closing and the delivery of the Deed for a period of six (6) months from the Closing Date; however, the proration or adjustment of taxes and any supplemental or revised property tax ▇▇▇▇ relating to the period prior to the Closing Date shall survive the Closing and the delivery of the Deed for a period of two (2) years from the Closing Date.

Rents. All rents3.1 Subtenant shall pay to Sublandlord rent (“Base Rent”) at a rate per annum equal to the Sublease Base Rental Rate, percentage rentspayable in equal monthly installments in advance on the Commencement Date and on the first day of each month thereafter, common area chargespro-rated for any partial month. Provided that Subtenant shall not be in default in any material respect under this Sublease, operating expensesBase Rent shall be abated on the entire Sublease Premises for the following periods, real estate taxes(i) the one hundred five (105) day period commencing on the Nominal Commencement Date, parking charges (ii) the two (2) month period commencing on the first anniversary of the Nominal Commencement Date, and other costs (iii) the two (2) month period commencing on the second anniversary of the Nominal Commencement Date. 3.2 Commencing immediately after the Sublease Base Year and continuing for the balance of the term of this Sublease, Subtenant shall pay to Sublandlord Subtenant’s Share of the amount by which Operating Expenses or charges paid Variable Operating Expenses (as such terms are defined in the ▇▇▇▇▇▇▇▇▇) exceed the Operating Expenses or Variable Operating Expenses for the Sublease Base Year. Subtenant’s payments under this Section 3.2 shall commence no earlier than January 1, 2007 and shall be made on an estimated basis (on the basis of reasonable, good faith estimates furnished by tenants Sublandlord) during each calendar year, subject to reconciliation after Overlandlord issues its related annual statement under Article 3 of the ▇▇▇▇▇▇▇▇▇. Subtenant’s payments under this Section 3.2 shall be due on the dates on which Sublandlord’s payments under the Leases corresponding provisions of the ▇▇▇▇▇▇▇▇▇ are due to Overlandlord and licensees under the Licenses (collectively, “Rents”) shall be prorated as pro-rated for any partial month or year; provided, however, that (except for subsequent continuing equal monthly payments) no such payment shall be due until thirty (30) days after Sublandlord shall have furnished Subtenant with notice thereof. If Sublandlord shall receive from Overlandlord any credit or refund in respect of Operating Expenses or Variable Operating Expenses for any year after the Apportionment Time (as defined below)Sublease Base Year, Sublandlord shall give to the extent actually collected by Seller prior Subtenant a credit or refund to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due for the month next subsequent monthly billing from Sublandlord to Subtenant in which Closing occurs and prorated appropriately between an amount equal to Subtenant’s Share of the parties based on the Apportionment Time, and then applied to credit or refund received from Overlandlord less Subtenant’s Share of any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, reasonable out-of-pocket costs reasonably and expenses, including reasonable attorneys’ fees, incurred by Purchaser Sublandlord in collecting connection with obtaining such delinquent rent, together credit or refund from Overlandlord. In no event shall the amount of the refund paid to Subtenant exceed the amount paid by Subtenant for Operating Expenses or Variable Operating Expenses with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent year. If the amount of the Operating Expenses or Variable Operating Expenses for the period Sublease Base Year is adjusted, the adjusted amount shall be used for computing Subtenant’s liability under this Section 3.2 with respect to all periods after such reduction and for recomputing Subtenant’s liability with respect to all periods prior to Closingsuch reduction. Subtenant shall pay Sublandlord any additional amounts due in respect of all such prior periods within thirty (30) days of Sublandlord’s ▇▇▇▇ therefor. 3.3 Commencing immediately after the Sublease Base Year and continuing for the balance of the term of this Sublease, Seller Subtenant shall have pay to Sublandlord Subtenant’s Share of the right amount by which Taxes (as such term is defined in the ▇▇▇▇▇▇▇▇▇) exceed Taxes for the Sublease Base Year. Subtenant’s payments under this Section 3.3 shall commence no earlier than January 1, 2007 and shall be made on an estimated basis (on the basis of estimates furnished by Sublandlord) during each calendar year, subject to pursue all rights reconciliation after Overlandlord issues its related annual statement under Article 3 of the ▇▇▇▇▇▇▇▇▇. Subtenant’s payments under this Section 3.3 shall be due on the dates on which Sublandlord’s payments under the corresponding provisions of the ▇▇▇▇▇▇▇▇▇ are due to Overlandlord and remedies against the applicable tenants shall be pro-rated for any partial month or licensees to recover such delinquenciesyear; provided, however, that Seller (except for subsequent continuing equal monthly payments) no such payment shall be due until thirty (30) days after Sublandlord shall have furnished Subtenant with notice thereof. If Sublandlord shall receive from Overlandlord any credit or refund in respect of Taxes for any year after the Sublease Base Year, Sublandlord shall give to Subtenant a credit or refund to be applied to the next subsequent monthly billing from Sublandlord to Subtenant in an amount equal to Subtenant’s Share of the credit or refund received from Overlandlord less Subtenant’s Share of any reasonable out-of-pocket costs and expenses, including reasonable attorneys’ fees, incurred by Sublandlord in connection with obtaining such credit or refund from Overlandlord. In no event shall the amount of the refund paid to Subtenant exceed the amount paid by Subtenant for Taxes with respect to that year. If the amount of Taxes for the Sublease Base Year is adjusted, the adjusted amount shall be used for computing Subtenant’s liability under this Section 3.3 with respect to all periods after such reduction and for recomputing Subtenant’s liability with respect to all periods prior to such reduction. Subtenant shall pay Sublandlord any additional amounts due in respect of all such prior periods within ten (10) days of Sublandlord’s ▇▇▇▇ therefor. 3.4 Subtenant shall, within thirty (30) days of written demand, pay or reimburse Sublandlord for all amounts payable under the ▇▇▇▇▇▇▇▇▇ arising out of any goods or services requested by Subtenant that are not included in services that Overlandlord is required under the ▇▇▇▇▇▇▇▇▇ to provide without additional charge, including (a) supplemental chilled or condenser water (but Subtenant shall not be entitled to dispossess such tenants any supplemental chilled or licenseescondenser water available to Sublandlord under the ▇▇▇▇▇▇▇▇▇), disturb their possession (b) overtime HVAC (and Subtenant understands that if it requests overtime HVAC it shall be liable for the amount payable under the ▇▇▇▇▇▇▇▇▇ in respect of their leased premisesproviding the same to the entire floor on which the Sublease Premises are located), seek (c) extra cleaning, (d) overtime or dedicated freight elevator service, (e) keys, locks or signage, (f) construction of alterations, additions or improvements in or to the Sublease Premises, and (g) any involuntary bankruptcy of any tenant maintenance, repair or licensee, or take any non-judicial action that other service for which a separate charge is calculated made by Overlandlord. This Section 3.4 shall not be applicable to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. electricity which is covered by Article 9 below. 3.5 As used herein, herein the term “Apportionment Timeadditional rent” shall mean 11:59 p.m. Pacific refer to all sums of money which shall become due and payable by Subtenant to Sublandlord hereunder, other than Base Rent, and the term “rents” shall refer to Base Rent and additional rent. All rents shall be payable in lawful money of the United States at such place and to such person as Sublandlord shall from time on to time designate in writing. Until Sublandlord shall otherwise direct in writing to Subtenant, rents shall be paid to The ▇▇▇▇▇▇▇ ▇▇▇▇▇ Group, Inc., Corporate Services-Financial Controls, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇. 3.6 Subtenant shall promptly pay all rents as and when the date immediately prior same become due and payable without setoff, offset or deduction of any kind whatsoever and, if Subtenant fails to pay any additional rent when due, Sublandlord shall have all of the rights and remedies provided for herein or at law or in equity as in the case of non-payment of Base Rent. 3.7 Sublandlord’s failure to deliver any statements or bills required to be delivered to Subtenant hereunder, or Sublandlord’s failure to issue a ▇▇▇▇ or demand under this Sublease, shall not be a waiver of, or cause Sublandlord to forfeit or surrender, its rights to collect any rents which may have become due pursuant to this Sublease. Subtenant’s liability for rents accruing during or pertaining to the Closing Dateterm of this Sublease shall survive the expiration or sooner termination of this Sublease.

Rents. All rentsRents and other amounts payable under the Leases shall be apportioned on the basis of the period for which the same is payable and if, percentage rentsas and when collected, as follows: i. Rents, common area charges, operating expensesescalations, real estate taxes, parking charges and other costs or charges paid by tenants tenant reimbursements (other than Deposits) payable under the Leases and licensees under the Licenses (collectively, “the "Rents”") for the Property or portions thereof shall be prorated prorated, except that no proration shall be made for Rents not received by Seller as of the Apportionment Time Closing Date (hereinafter called the "Uncollected Rents"). During the period after Closing, Purchaser shall deliver to Seller any and all Uncollected Rents accrued but uncollected as defined below)of the Closing Date, to the extent actually subsequently collected by Purchaser, as follows. Amounts collected by Purchaser from Tenants owing Uncollected Rents shall be applied first to current amounts owed by such Tenant and accruing on or after the Closing Date, then to Uncollected Rents owing for the rent period during which the Closing occurred (such amount to be prorated between Purchaser and Seller as provided herein), and then the remainder, if any, to Seller as Uncollected Rents owing prior to the rent period during which the Closing occurred. Percentage rents for each applicable Lease shall be prorated on the basis of the number of days elapsed during the Tenant’s percentage rent period as of the Closing Date and not on the basis of the amount of the Tenant’s sales which accrued during such percentage rent period as of the Closing Date. All Rents Deposits received from tenants or licensees after Closing by Seller or Purchaser will first from any Tenant under an existing Lease shall be applied paid over to such charges as are then due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment TimePurchaser, and then applied to net of any delinquencies in their reverse order of accrual until such delinquencies amounts that have been satisfied applied by Seller in fullaccordance with the applicable Lease or returned to the applicable Tenant. Seller shall have no right to pursue the collection of Uncollected Rents which accrued prior to Closing. For a period of nine one (91) months year after the Closing DateClosing, Purchaser shall, at no out-of-pocket cost shall continue to it, cooperate with Seller’s b▇▇▇ Tenants for Uncollected Rents and use reasonable efforts to collect from the tenants such Uncollected Rents, provided that in no event shall Purchaser have any obligation to commence any legal proceedings against any Tenant or otherwise pursue any remedies against any such Tenant. Any sums received by Purchaser to which Seller is entitled shall be held for Seller on account of said Uncollected Rents payable to Seller, and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents such sums received by Purchaser subsequent to Closing which are attributable to periods prior to Closing Seller is entitled within ten (10) Business Days from Purchaser’s business days after receipt of such Rentsthereof. If Seller receives any amounts after the Closing Date which are attributable, less third partyin whole or in part, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rentto any period after the Closing Date, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents that portion of the moneys so received by Seller subsequent to Closing which are attributable to periods from and after Closing Purchaser is entitled within ten (10) Business Days from Seller’s business days after receipt of such Rents, together with appropriate supporting documentationthereof. ii. With respect Any prepaid Rents shall be retained by Seller and the amount thereof shall be credited to any Rents that are delinquent for the period prior to Purchaser at Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing Date.

Rents. All rentsfixed rent, percentage rentsrent (“Percentage Rent”), common area charges, operating expenses, real estate taxes, parking charges maintenance (“CAM Charges”) and other costs reimbursement payments, and additional rent paid or charges paid payable by tenants Tenants under the Leases and licensees under the Licenses (collectively, “RentsRent”) shall be prorated as of the Apportionment Cutoff Time, except as otherwise provided herein. Seller will provide Buyer and Escrow Holder with a current rent roll as of the Closing Date to facilitate the computation of prorations. Any Rent received by Buyer or Seller after the Cutoff Time (as defined below), to the extent actually collected by Seller from any Tenant who owes Rent for periods prior to the Closing Date. All Rents received from tenants or licensees after Cutoff Time (“Delinquent Rent”), shall be applied, except as otherwise provided herein, (1) first, to Buyer, in an amount equal to the Rent currently due and payable post Closing by such Tenant to Buyer (2) second, to Seller or Purchaser will first be applied to such charges as are then due and Buyer for the Rent for the month in which Closing occurs and the Cutoff Time occurs, prorated appropriately between as of the parties based on Cutoff Time, (3) third, to Seller in an amount equal to Rent owed by such Tenant for all periods prior to the Apportionment Cutoff Time, and then applied (4) the balance, if any, to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in fullBuyer. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such RentsDelinquent Rent, less third partyany costs of collection (including reasonable counsel fees and customary disbursements) reasonably allocable thereto, out-of-pocket costs reasonably incurred by Purchaser shall be prorated as provided above, and the party who receives such amount shall promptly pay over to the other party the portion thereof to which it is so entitled. In furtherance and not in collecting such delinquent rentlimitation of the preceding sentence, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent Tenant which has paid all Rent for periods through the period Closing, if, prior to the Closing, Seller shall receive any prepaid Rent from such Tenant attributable to a period following the Closing, at the Closing Seller shall pay over to Buyer the amount of such prepaid Rent. Notwithstanding the foregoing, Seller shall have the right right, upon notice to Buyer, to pursue all rights and remedies against Tenants to collect such Delinquent Rent (including, without limitation, the applicable tenants prosecution of one or licensees to recover such delinquencies; providedmore lawsuits), however, that but Seller shall not be entitled to dispossess evict (by summary proceedings or otherwise) any such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing DateTenants.

Rents. All rentsrents and utility reimbursements under the Tenant Leases (except as hereinafter provided) shall be prorated between Buyer and Seller. Seller shall be entitled to retain all paid rent, percentage rents, common area charges, operating expenses, real estate taxes, parking charges utility reimbursements and other costs items allocable to the period prior to the Closing, and Buyer shall be entitled to retain all rent, utility reimbursements and other items allocable to the period from and after the Closing Date. Seller shall deliver or charges paid provide a credit against the Purchase Price in an amount equal to all prepaid rentals for periods from and after the Closing Date and all refundable security or pet deposits (to the extent the foregoing were made by tenants under the Tenant Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated as of the Apportionment Time (as defined below), to the extent actually collected by Seller are not applied or forfeited prior to the Closing Date) to Buyer on the Closing Date. All Rents received from tenants and utility reimbursements which are delinquent as of the Closing Date shall not be prorated on the Closing Date. Buyer shall include such delinquencies in its normal billing and shall diligently pursue the collection thereof in good faith after the Closing Date for a period of three (3) months following the Closing (but Buyer shall not be required to litigate or licensees 2890904.5 15 declare a default under any Tenant Lease). To the extent Buyer receives rents or utility reimbursements on or after the Closing by Seller or Purchaser will first Date, such payments shall be applied to such charges as are then due first toward the rent and utility reimbursements for the month in which the Closing occurs occurs, then to the rent and prorated appropriately between utility reimbursements owed to Buyer in connection with the parties based on the Apportionment TimeTenant Leases for which such payments are received, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in fulldelinquent rents and utility reimbursements owed to Seller, with Seller’s share thereof being promptly delivered to Seller. For a period of nine three (93) months after following the Closing DateClosing, Purchaser shall, at no out-of-pocket cost Buyer may not waive any delinquent rents nor modify the Tenant Leases so as to it, cooperate with reduce or otherwise affect amounts owed thereunder for any period in which Seller is entitled to receive a share of such amounts without first obtaining Seller’s efforts to collect from written consent. Buyer shall include Seller’s delinquent ▇▇▇▇▇▇▇▇ in its statements for a period of three (3) months following the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser not have and hereby waives any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights any remedy against any existing tenant owing delinquent rents, utility reimbursements and remedies against the applicable tenants or licensees any other amounts owing to recover such delinquencies; providedSeller, however, that and Seller shall not be entitled to dispossess terminate any such tenants Tenant Lease or licensees, disturb their possession of their leased premises, seek such tenant’s right to possession. Buyer shall reasonably cooperate with Seller in any involuntary bankruptcy collection efforts hereunder (but shall not be required to litigate or declare a default under any Tenant Lease). With respect to delinquent rents and any other amounts or other rights of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, kind respecting tenants who are no longer tenants of the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to Property as of the Closing Date, Seller shall retain all rights relating thereto.

Rents. All rents2.1 Throughout the Term of this Sublease, percentage rentsSubtenant shall pay, common area chargeson the first day of every month, operating expenseswithout prior notice or demand and without set-off or reduction, real estate taxesas rental for the Subtenant’s Premises, parking charges the sum equal to one-twelfth (1/12th) of the annual Sublease Rent, as hereinafter defined. If the Term commences on a date other than the first day of a month, Sublease Rent for the period commencing on the first day of the Term and other costs or charges paid by tenants under continuing for the Leases and licensees under the Licenses (collectively, “Rents”) remainder of such month shall be prorated as at the rate of one-three hundred sixtieth (1/360th) of the Apportionment Time annual Sublease Rent per day and shall be due and payable on the commencement of the Term. Sublease Rent is defined as the sum of (a) the rental under the Lease, (b) the taxes under the Lease (other than Excluded Taxes, as hereinafter defined), (c) Operating Expenses (as defined belowhereinafter defined), to (d) the extent actually collected by Seller depreciation of leasehold improvements made prior to the Closing Datedate of the Agreement in accordance with the schedule set forth in Exhibit A attached hereto and (e) at any time that Tenant’s facilities department is providing facilities services to the Subtenant’s Premises as more particularly set forth in Section 7.13 below, the cost of facilities services. All Rents received from tenants or licensees For calendar year 2003, the annual Sublease Rent shall be $552,436.25. Thereafter, Tenant shall provide annual notice to Subtenant of any adjustment to the Sublease Rent. Any such adjustment shall be solely the result of changes in the amount of the payments paid by Tenant to Landlord in accordance with the Lease, changes in the Operating Expenses, changes in the depreciation of the leasehold improvements, and/or changes in facilities services expenses. Promptly after Closing by Seller or Purchaser will first be applied the end of each year, Tenant shall provide to such charges as are then due Subtenant a reasonably detailed annual statement setting forth the Operating Expenses incurred in the prior year. In the event there is a reconciliation adjustment to Tenant’s Rent paid for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine Leased Premises (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants credit or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing Date.additional

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges collected rents and other costs or charges paid by payments from tenants under the Leases and licensees under the Licenses (collectively, “Rents”) leases shall be prorated between Seller and Buyer as of the Apportionment Time (as defined below), to the extent actually collected by Seller day prior to the Closing Date. All Seller shall be entitled to all rents (including any percentage rent, additional rent and any accrued tax and operating expense reimbursements and escalations), charges, and other revenue of any kind attributable to any period under the Leases prior to but not including the Closing Date. Buyer shall be entitled to all rents (including any percentage rent, additional rent and any accrued tax and operating expense reimbursements and escalations), charges and other revenue of any kind attributable to any period under the Leases on and after the Closing Date. Rents received from tenants and expense escalations or licensees other reimbursements due landlord under the Leases not collected as of the Closing Date shall not be prorated at the time of Closing, but Buyer shall make a good faith effort to collect the same on Seller's behalf and to tender the same to Seller upon receipt (which obligation of Buyer shall survive the Closing and not be merged therein); provided, however, that all rents, escalations and other reimbursements due landlord under the Leases collected by Buyer on or after the Closing by Seller or Purchaser will Date shall first be applied to such charges all amounts due under the Leases at the time of collection for post- Closing periods (i.e., current rents and sums due Buyer as are then the current owner and landlord) with the balance (if any) payable to Seller, but only to the extent of amounts delinquent and actually due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies Seller. Buyer shall not have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts an exclusive right to collect from the tenants sums due Seller under the Leases and licensees all Rents that are delinquent Seller hereby retains its rights to pursue any tenant under the Leases for the period prior to Closing. Purchaser shall remit to sums due Seller any Rents received by Purchaser subsequent to Closing which are for periods attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt Seller's ownership of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquenciesProperty ; provided, however, that Seller shall not be entitled permitted to dispossess such tenants commence or licensees, disturb their possession of their leased premises, seek pursue any involuntary bankruptcy of legal proceedings against any tenant seeking eviction of such tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations the termination of the underlying lease. Seller's rights under their Leases or Licenses. As used herein, the term “Apportionment Time” immediately preceding sentence shall mean 11:59 p.m. Pacific time on the date immediately prior to survive the Closing Dateand not be merged therein. Buyer shall receive a credit against the Purchase Price for pre-paid rentals held by Seller covering the period post-Closing.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants under Rents from the Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated as of the Apportionment Time (as defined below), to the extent actually collected by Seller prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due for the month in which the Closing Date occurs and shall be prorated appropriately between so that Seller shall receive all amounts due Seller applicable to time periods up to (but not including) the parties based on the Apportionment TimeClosing Date (excluding delinquencies), and then applied Buyer shall receive all amounts applicable to time periods on and after the Closing Date. Rents are delinquent when payment thereof is more than thirty (30) days past due as of the Closing Date. Delinquent rentals shall be prorated between Buyer and Seller as of the Closing Date but not until they are actually collected by Buyer. Rents for the month in which the Closing Date occurs shall be deemed to have been received by Seller. With respect to any delinquencies in their reverse order Lease with delinquent rents as of accrual until the Closing Date, Buyer shall apply rents (net of all costs of collection) received after the Closing first to rents due to Buyer and second to payment of delinquent rents due to Seller. With respect to such delinquencies have been satisfied in full. For delinquent rents, Buyer agrees to use its commercially reasonable efforts (provided that it shall not be obligated to spend money) for a period of nine three (93) months following the Closing to collect the amount of any delinquent rent from tenants and Buyer agrees to remit promptly to Seller any excess delinquent rent related to periods of time through the Closing Date, subject to the priorities set forth above, actually paid by such tenants and/or to Buyer. Seller shall retain the right to commence legal action against a tenant for any delinquent rent apportioned to the Seller, at Seller’s sole cost and expense, except Seller may not bring unlawful detainer proceedings or similar actions to dispossess a tenant without the consent of Buyer, which may be withheld in Buyer’s sole and absolute discretion. In the event Buyer collects or is paid any accounts receivable of Seller for any period prior to the Closing Date (which accounts receivable shall at all times shall remain the property of Seller), Buyer shall remit such amounts so collected or paid to Seller within five (5) business days of receipt thereof. Buyer shall provide Seller monthly statements for six (6) months after the Closing Date, Purchaser shallcertified by Buyer, at no out-of-pocket cost itemizing all delinquent rents or accounts receivable collected on behalf of Seller following the Closing Date. Furthermore, Buyer shall receive a credit against the Purchase Price on the Closing Date in an amount equal to it, cooperate with Seller’s efforts to collect from the tenants and licensees sum of all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents rents received by Seller subsequent prior to the Closing which are Date attributable to periods from and after the Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for Date and the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy amount of any tenant other credits, security deposits or licensee, or take other deposits due tenants under any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, of the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing DateLeases.

Rents. All fixed rents, percentage rentsparking fees, common area charges, operating expenses, real estate taxes, parking charges administration fees and other costs charges or charges amounts paid or payable by tenants under the Leases or in connection with their use or occupancy of the Property or any service or amenity relating thereto, including water, electricity, gas, sewage or other utilities or pass through fees and licensees under charges (whether paid in advance of the Licenses date when such payment is due or otherwise) (collectively, “Rents”) ). Seller shall be prorated as of deliver or provide a credit in an amount equal to all prepaid Rents for periods from and after the Apportionment Time Closing Date and all Fees and all refundable cash Security Deposits including interest thereon, if any (as defined below), to the extent actually collected the Security Deposits were made by Seller tenants and are not applied or forfeited prior to the Closing Date in accordance with the terms and conditions of the applicable Leases) as set forth in the Rent Roll or otherwise delivered pursuant to a New Lease, to Buyer on the Closing Date. All Rents received that are delinquent (or payable but unpaid) as of the Closing Date shall not be prorated on the Closing Date. At Closing, Seller shall deliver to Buyer a schedule of all such delinquent or payable but unpaid rent. Buyer shall include such delinquencies (or unpaid amounts) in its normal billing and shall in good faith use commercially reasonable efforts to pursue the collection of such past due Rents for ninety (90) days after the Closing Date (but Buyer shall not be required to litigate or declare a default in any Lease or take any additional actions in connection with the recovery from tenants of such delinquencies or licensees other unpaid amounts). To the extent Buyer receives payment of Rents (or income in connection with other tenant charges) from a tenant on or after the Closing by Seller or Purchaser will first Date, such payments shall be applied (y) first, toward the Rent (or other tenant charges) due to such charges as are then due Buyer for the month in which the Closing occurs or for periods following the month in which the Closing occurs and prorated appropriately between the parties based on the Apportionment Time(z) second, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in fulldelinquent Rents owed to Seller, with Seller’s share thereof being promptly delivered to Seller. For a period of nine (9) months From and after the Closing Date, Purchaser shall, Seller may not sue any tenants at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the Property or otherwise pursue any tenants at the Property for Rents and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller hereby waives any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against do so. The provisions of this Section 11.1 shall survive the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing DateClosing.

Rents. All rents(a) Purchaser will receive a credit for all prepaid Rents, if any, paid by any tenants. Rents under the Leases will be adjusted and pro rated on an “if as and when collected” basis. If, on the Closing Date, there are any unpaid rents for the month of Closing or past due Rents owed by any tenant for any prior period, Rents collected by Purchaser after the Closing Date from such tenants will be applied first, to amounts due Purchaser for periods following the month in which the Closing occurred, second, to the month of Closing; third, to amounts due Seller for the month prior to Closing; and fourth, to amounts due Seller for periods prior to the month before the Closing occurred. The party receiving such amount shall pay to the other party the portion to which it is entitled, within ten (10) days of its receipt of same. (a) Supplementing subsection (a) above, additional or escalation rent based upon: (x) a percentage rents, common area chargesof sales or (y) tenant’s share of real estate taxes, operating expenses, real estate taxeslabor costs, parking charges and other costs of living indices or charges paid by tenants under the Leases and licensees under the Licenses ▇▇▇▇▇▇’▇ wages (collectively, “RentsOverage Rent”) shall be prorated adjusted and pro rated on an if, as of the Apportionment Time (as defined below), and when collected basis. The following shall apply to the extent actually collected by Seller Overage Rent is billed on the basis of Landlord’s estimates or an annual budget, which is subject to subsequent reconciliation and readjustment with each such tenant at the end of the applicable year: (i) At least two (2) business days prior to the Closing Date. All Rents received from tenants or licensees after Closing by , Seller or shall provide Purchaser will first be applied to such charges as are then due with a reconciliation statement for calendar year 2015 through the end of the calendar month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after preceding the Closing Date, Purchaser shallwith all necessary supporting documentation, at no out-of-pocket cost as to it, cooperate with the Overage Rent paid by the tenants for calendar year 2015. Such reconciliation statement shall indicate any difference between the Overage Rent paid by the tenants (based on Seller’s efforts annual 2015 budget for real estate taxes and operating expenses) and the amount that should have been paid by the tenants through the Closing Date (based on the actual expenses covering such time period); (ii) If the Seller has collected more on account of such Overage Rent than such actual amount for such time period (with it being acknowledged that such calculation shall be made only with respect to collect actually collected Overage Rent sums for such time period, and not any such sums that may be so receivable from tenants), then the amount of such difference shall be credited to Purchaser at the Closing; (iii) If Seller has collected less from the tenants and licensees all for Overage Rents that are delinquent than the actual amounts for such time period, then the period prior to Closing. Purchaser amount of such under-collected rents shall remit be credited to Seller any Rents received by Purchaser subsequent at Closing; (iv) Any Seller proposed prorations relating to Closing which are attributable Overage Rent shall be subject to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt review and reasonable approval. Upon written request of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior either party to the other delivered on or before March 31, 2016, Overage Rent shall be reprorated as of Closing. (b) The provisions of this Section 11.3 shall survive the Closing Dateand the delivery of the Deed until March 31, 2016.

Rents. All rentsRents (including, percentage rentswithout limitation, estimated pass-through payments, payments for common area charges, operating expenses, real estate taxes, parking maintenance reconciliations and all additional charges and other costs or charges paid payable by tenants under the Leases and licensees under the Licenses Leases, (collectively, “Rents”) actually collected by Seller prior to Closing shall be prorated as of the Apportionment Time (Closing Date. During the period after Closing, Buyer shall deliver to Seller any and all Rents accrued but uncollected as defined below), of the Closing Date to the extent actually subsequently collected by Seller prior to the Closing Date. All Buyer; provided, however, Buyer shall apply Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are payment of current Rent then due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Timedue, and then applied thereafter to any delinquencies delinquent Rents – with the delinquent rents owed to Buyer being paid first. Notwithstanding the foregoing, “true up” payments received from tenant attributable to a year-end reconciliation of actual and budgeted pass-through payments shall be allocated among Seller and Buyer pro rata in accordance with their reverse order of accrual until such delinquencies have been satisfied in full. For a respective period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closingownership. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies proceed against tenants for Rents allocable to the period of Seller’s ownership of the Property provided that Landlord commences any action against the applicable Tenants within sixty (60) days after the Closing and diligently pursues the same, but may not ▇▇▇ to evict, threaten to ▇▇▇ to evict or otherwise dispossess such tenants. Seller shall provide written notice to Seller prior to filing suit against any Tenant permitted pursuant to this Section 5.g. Buyer agrees that it shall use commercially reasonable efforts to collect all pass-though rents payable by tenants or licensees to recover such delinquencies; and any delinquent Rents (provided, however, that Buyer shall have no obligation to institute legal proceedings, including an action for unlawful detainer, against a tenant owing delinquent Rents). The amount of any unapplied security deposits under the Leases held by Seller in cash at the time of Closing (herein the “Security Deposits”) shall be credited against the Purchase Price; accordingly, Seller shall not retain the actual cash deposits. To the extent any security deposits under any of the Leases are in the form of a letter of credit (i) Seller shall deliver the original of such letter of credit to Buyer at Closing and (ii) the parties shall execute and deliver any applicable transfer form in connection therewith and Seller shall cooperate with Buyer in good faith to endeavor to effectuate transfers of all such letters of credit in favor of Buyer on the Closing Date or as soon as practicable thereafter. Seller shall be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licenseeresponsible for paying, or take any non-judicial action that is calculated causing to materially interfere with such tenants’ or licensee’s ability be paid, all transfer fees to operate their businesses and satisfy their obligations under their Leases or Licensesthe extent applicable. As used hereinIf, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to after the Closing Date, but before any letter of credit has been assigned/reissued to Buyer as the beneficiary thereunder, a letter of credit needs to be drawn down upon, Buyer shall prepare documents for signature by the Seller and Seller shall execute such documents required to effectuate such drawdown. Seller shall incur no liability whatsoever as a result of executing such documents, effectuating such drawdown and/or the presentation of the letter of credit for drawdown. Buyer shall indemnify, defend and hold Seller from any and all losses, costs, liens, claims, causes of action, liability, damages and expenses (including, without limitation, court costs and reasonable attorneys’ fees) incurred in connection with or arising in any way from Seller’s execution of such documents, effectuating such drawdown and/or the presentation of the letter of credit for drawdown. This provision shall survive the Closing.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges Borrower and Tenant jointly and severally acknowledge that the Deed of Trust provide for the direct payment to Lender of all rents and other costs or charges paid by tenants monies due and to become due to Borrower under the Leases and licensees Lease upon the occurrence of certain conditions as set forth in the Deed of Trust without Lender's taking possession of the Premises or otherwise assuming Borrower's position or any of Borrower's obligations under the Licenses (collectivelyLease. Upon receipt from Lender of written notice to pay all such rents and other monies to or at the direction of Lender, “Rents”) shall be prorated as Borrower authorizes and directs Tenant thereafter to make all such payments to or at the direction of the Apportionment Time (as defined below)Lender, releases Tenant of any and all liability to the extent actually collected by Seller prior to the Closing Date. All Rents received from tenants Borrower or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due for the month in which Closing occurs any and prorated appropriately between the parties based on the Apportionment Timeall payments so made, and then applied to shall defend, indemnify and hold Tenant harmless from and against any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in fulland all claims, demands, losses, or liabilities asserted by, through, or under Borrower (except by Lender) for any and all payments so made. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s Upon receipt of such Rentsnotice, less third partyTenant thereafter shall pay all monies then due and becoming due from Tenant under the Lease to or at the direction of Lender, out-of-pocket costs reasonably incurred notwithstanding any provision of the Lease to the contrary. Tenant agrees that neither Lender's demanding or receiving any such payments, nor Lender's exercising any other right, remedy, privilege, power or immunity granted by Purchaser in collecting such delinquent rentthe Deed of Trust, together with appropriate supporting documentation. Seller shall remit will operate to Purchaser impose any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent liability upon Lender for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy performance of any tenant or licensee, or take obligation of Borrower under the Lease unless and until Lender elects otherwise in writing. Such payments shall continue until Lender directs Tenant otherwise in writing. Tenant agrees not to pay any non-judicial action that is calculated rent under the Lease more than 30 days in advance without Lender's consent. The provisions of this Paragraph 5 will apply from time to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, time throughout the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on of the date immediately prior to the Closing DateLease.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges Rents and other costs or charges paid payable by tenants under the Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated apportioned as and when collected. Any Rents collected by Purchaser (which shall include Rents collected by any agent acting for Purchaser) subsequent to the Closing (whether due and payable prior to or subsequent to the Closing Date) shall be adjusted as of the Apportionment Time 11:59 p.m. on the Closing Date (as defined belowthe “Adjustment Point”), and any portion thereof properly allocable to periods prior to the extent actually Adjustment Point, net of costs of collection properly allocable thereto, if any, shall be paid by Purchaser to Seller (or such parties as may be directed by Seller) promptly after the collection thereof by Purchaser, but subject to the further provisions of this Section in the case of Rents due prior to the Adjustment Point. If prior to the Closing any entity within the term Seller have collected any Rents (which shall include Rents collected by any agent acting for such parties) which are properly allocable in whole or in part to periods subsequent to the Adjustment Point, the portion thereof so allocable to periods subsequent to the Adjustment Point, net of costs of collection properly allocable thereto, if any, shall be credited to Purchaser by Seller at the Closing. As used in this Section the term “costs of collection” shall mean and include reasonable attorneys’ fees and other costs incurred by Purchaser or Seller in collecting any Rents, but shall not include the regular fees payable to any property manager for the Property, the payroll costs of any of Seller’s employees or any other internal costs or overhead of Seller or Purchaser. 1. Ten (10) business days prior to the Closing, Seller shall deliver to Purchaser a list of all tenants which are delinquent in payment of Rents, which list shall set forth the amount of each such delinquency, the period to which each such delinquency relates and the nature of the amount due itemizing separately, as applicable, fixed monthly rent, tax reimbursements, common area maintenance, operating expense escalations, electric charges, charges for tenant services, charges for overtime services, percentage rent and other charges, if any. Any amount collected by Purchaser after the Closing Date, from tenants who owe Rents for periods prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first , shall be applied to such charges as are then due (i) first, in payment of Rents for the month in which the Closing Date occurs (the “Closing Month”) and in payment of Rents for the periods following the Closing Month and (ii) second, in payment of Rents for the periods preceding the Closing Month. Each such amount, less any costs of collection (including reasonable counsel fees) reasonably allocable thereto, shall be adjusted and prorated appropriately between as provided above, and the parties based party who receives such amount shall promptly pay over to the other party the portion thereof to which it is so entitled. 2. Purchaser shall use commercially reasonable efforts to b▇▇▇ and collect any delinquencies set forth on the Apportionment Time, and then applied list delivered by Seller pursuant to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For this Section for a period of nine six (96) months after the Closing and the amount thereof, as, when and to the extent collected by Purchaser, shall, if due to Seller pursuant to the provisions of this Section, be paid by Purchaser to Seller (or such parties as directed by Seller), less any costs of collection (including reasonable counsel fees) reasonably allocable thereto, promptly after the collection thereof by Purchaser. In no event shall Purchaser be obligated to institute any actions or proceedings or to seek the eviction of any tenant in order to collect any such delinquencies. Thereafter, Seller shall have the right to s▇▇ tenants to collect such delinquencies and Purchaser shall cooperate (but shall not be obligated to spend any money unless Seller have agreed to reimburse Purchaser therefor) with Seller to the extent reasonably necessary, provided, however, Seller shall have no right to cause any such tenant to be evicted or to exercise any other “landlord” remedy (as set forth in the Lease) against such tenant other than to s▇▇ for collection. 3. Following the Closing and upon the written request of Seller, as applicable, Purchaser shall submit or cause to be submitted to Seller, within thirty (30) days after the end of each calendar quarter up to and including the calendar quarter which includes the date that is six (6) months after the Closing Date, but only so long as any delinquencies shall be owed to Seller, a statement which sets forth all collections made by Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for which owe such delinquencies through the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt end of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentationcalendar quarter. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right from time to pursue time following the Closing until ninety (90) days after receipt by Seller of the last quarterly statement required hereunder, at Seller’s expense, to examine and audit so much of the books and records of Purchaser as relate to such delinquencies in order to verify the collections reported by Purchaser in such quarterly statements. 4. Purchaser agrees not to waive or settle any delinquency owed in whole or in part to Seller without the prior written consent of Seller, which consent may be granted or withheld in Seller’s reasonable discretion. 5. With respect to that portion of Rents which are payable on an annual, semiannual or other non-monthly basis, all rights such payments which become due after the Closing, to the extent allocable to periods prior to the Adjustment Point, shall be paid by Purchaser to Seller (or such parties as may be directed by Seller) promptly after receipt thereof, subject to costs of collection, if any, properly allocable thereto. With respect to that portion of Rents that are attributable to payments of expenses such as common area maintenance charges, association charges or advertising and remedies against promotional charges, such Rents shall be apportioned based on which party paid or will pay the applicable correlating expenses for the relevant period. With respect to that portion of Rents which are billed on an index-based formula or on an estimated basis during the fiscal or other period for which paid, at the end of such fiscal or other period Purchaser shall determine whether the items in question have been over billed or under billed (or over- or under-estimated, as applicable). If there has been an over billing or over-estimation and an over billed/estimated amount has been received, Seller shall, promptly after request by Purchaser, pay to Purchaser the portion of such over billed/estimated amount which is properly allocable to the period prior to the Adjustment Point (to the extent such amount was actually received), and promptly thereafter Purchaser shall reimburse the entire over billed/estimated amount to the tenants which paid the same. If there has been an under billing or licensees under-estimation, the additional amount shall be billed by Purchaser to recover the tenants and any amount received by Purchaser, net of costs of collection, if any, to the extent properly allocable to periods prior to the Adjustment Point shall promptly be paid by Purchaser to Seller (or such delinquencies; providedparties as may be directed by Seller). In the event that a tenant requires an audit with respect to an over-billing or under-billing that relates to the time period prior to the Adjustment Point, howeverPurchaser shall promptly notify Seller and Seller may either (i) conduct such audit at its sole cost and expense, that in which case Seller shall not consult with Purchaser in the conduct of same and Purchaser shall reasonably cooperate with Seller and provide Seller with reasonable access to any books and records reasonably necessary to conduct such audit or (ii) decline to conduct such audit, in which case Seller shall reimburse Purchaser for the reasonable costs incurred by Purchaser to conduct such audit relating to the time period prior to the Adjustment Point. Seller shall maintain all books and records that may be relevant to any audit for the time period required by the respective Lease, and provide Purchaser and the respective Tenant access thereto in connection with any audit that is permitted by such Lease. 6. Notwithstanding anything to the contrary set forth in this Section, Seller (or such parties as may be directed by Seller) shall be entitled to dispossess receive, and Purchaser shall pay to Seller (or such parties as may be directed by Seller) promptly after receipt thereof, net of costs of collection and reasonable attorneys’ fees, if any, properly allocable thereto, (i) all amounts payable by tenants on account of all real estate and personal property taxes, general and special assessments, water and sewer charges, license fees and other fees and charges assessed or licenseesimposed by governmental authorities upon the Properties (the “Impositions”) which, disturb their possession pursuant to the terms of their leased premisesthis Section, seek any involuntary bankruptcy it is Seller’s obligation to pay and discharge (to the extent Seller either paid such amounts or Purchaser received a credit therefor pursuant to this Section), which amounts shall be apportioned between Seller and Purchaser in the same manner as the Impositions to which they relate and (ii) all amounts payable by tenants on account of any tenant utilities which, pursuant to the terms of this Section, it is Seller’s obligation to pay and discharge (to the extent Seller either paid such amounts or licenseePurchaser received a credit therefor pursuant to this Section), which amounts shall be apportioned between Seller and Purchaser in the same manner as the utilities to which they relate. Notwithstanding anything to the contrary set forth in this Section, Purchaser shall be entitled to receive, and Seller shall pay to Purchaser promptly after receipt thereof, net of costs of collection and reasonable attorneys’ fees, if any, properly allocable thereto, (i) all amounts payable by tenants on account of Impositions which, pursuant to the terms of this Section, it is Purchaser’s obligation to pay and discharge (to the extent Purchaser either paid such amounts or take any non-judicial action that Seller received a credit therefor pursuant to this Section), which amounts shall be apportioned between Seller and Purchaser in the same manner as the Impositions to which they relate and (ii) all amounts payable by tenants on account of utilities which, pursuant to the terms of this Section, it is calculated Purchaser’s obligation to materially interfere with pay and discharge (to the extent Purchaser either paid such tenants’ amounts or licensee’s ability Seller (or a party designated by Seller) received a credit therefor pursuant to operate their businesses this Section), which amounts shall be apportioned between Seller and satisfy their obligations under their Leases Purchaser in the same manner as the utilities to which they relate. 7. Any advance rental deposits or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time payments held by Seller on the date immediately prior Closing Date and applicable to periods of time subsequent to the Adjustment Point, and any security deposits held by Seller on the Closing Date, together with any interest thereon, if any, which, under the terms of the applicable Leases, is payable to the tenants thereunder, shall be paid or credited to Purchaser at the Closing.

Rents. All rents(a) Purchaser will receive a credit for all prepaid Rents, percentage rentsif any, common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants any tenants. Rents under the Leases will be adjusted and licensees under the Licenses (collectively, pro-rated on an “Rents”) shall be prorated if as of the Apportionment Time (as defined below), to the extent actually collected by Seller prior to the Closing Dateand when collected” basis. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after After the Closing Date, Purchaser shallshall use commercially reasonable efforts to collect any and all past due Rents under the Leases. If, at no on the Closing Date, there are any unpaid rents for the month of Closing or past due Rents owing by any tenant for any prior period, Rents collected by Purchaser after the Closing Date from such tenants will, unless the Tenant expressly specifies otherwise (in which event such Rents shall be applied as so specified), be applied: first, to the actual out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket party costs reasonably incurred by Purchaser in collecting such delinquent rentpast due Rents; second, together to the month of Closing; third to amounts due Purchaser for periods following the month in which the Closing occurred; and fourth, to amounts due Sellers for the months prior to the month in which the Closing occurred. The party receiving such amount shall pay to the other party the portion to which it is entitled, within thirty (30) days of its receipt of same. (b) Supplementing subsection (a) above, additional or escalation rent based upon: (x) a percentage of sales or (y) tenant’s share of real estate taxes, operating expenses (including insurance), labor costs, costs of living indices or ▇▇▇▇▇▇’▇ wages (collectively, “Overage Rent”) shall be adjusted and pro-rated, subject to subsection (iv) below, on an if, as and when collected basis. The following shall apply to the extent Overage Rent is billed on the basis of Landlord’s estimates or an annual budget, which is subject to subsequent reconciliation and readjustment with appropriate each such tenant at the end of the applicable year: (i) At least two (2) business days prior to the Closing Date, Sellers shall provide Purchaser with a reconciliation statement for calendar year 2015 through the end of the calendar month preceding the Closing Date, with all necessary supporting documentation, as to the Overage Rent paid by the tenants for calendar year 2015. Seller Such reconciliation statement shall remit indicate any difference between the Overage Rent paid by the tenants (based on each Seller’s annual 2015 budget for real estate taxes and operating expenses) and the amount that should have been paid by the tenants through the Closing Date (based on the actual expenses covering such time period); (ii) If Sellers have collected more on account of such Overage Rent than such actual amount for such time period (with it being acknowledged that such calculation shall be made only with respect to actually collected Overage Rent sums for such time period, and not any such sums that may be so receivable from tenants), then the amount of such difference shall be credited to Purchaser any at the Closing; (iii) If Sellers have collected less from the tenants for Overage Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt than the actual amounts for such time period, then the amount of such under-collected rents shall be paid and delivered to Sellers as and when collected. If, on the Closing Date, there are any unpaid Overage Rents for the month of Closing (or other period during which the Closing Date occurs) or past due Overage Rents owing by any tenants for any prior period, Overage Rents collected by Purchaser after the Closing Date from such tenants will be applied first, to the actual out-of-pocket third party costs incurred by Purchaser in collecting such past due Rents; second, together to the month of Closing; third to amounts due Purchaser for periods following the month in which the Closing occurred; and fourth, to amounts due Sellers for the months prior to the month in which the Closing occurred. Purchaser shall be solely responsible for performing any Overage Rent reconciliations with appropriate supporting documentation. With tenants under the Leases with respect to the entire calendar year in which the Closing occurs. Purchaser shall include in any Rents that are delinquent Operating Expense reconciliations with the tenants under the Leases copies of any applicable billing statements and invoice back-up provided by Sellers for operating expenses incurred by Sellers during the period prior of Sellers’ ownership of the Properties, and shall use commercially reasonable efforts to collect from tenants all amounts due to each Seller. (iv) Notwithstanding anything in this Section 11.3(b) to the contrary, the recoveries and expenses for any Overage Rent for tenants that pay Overage Rent on an annual basis shall be prorated on an accrual basis as of Closing; and (v) Any prorations relating to Overage Rent proposed by Sellers shall be subject to Purchaser’s review and reasonable approval. Upon written request of either party to the other delivered on or before the earlier of December 30, 2016 and the date that is twelve (12) months after Closing, Seller Overage Rent shall have be reprorated as of Closing. (c) The provisions of this Section 11.3 shall survive the right to pursue all rights Closing and remedies against the applicable tenants or licensees to recover such delinquencies; delivery of the Deeds provided, however, that Seller the provisions concerning prorations shall not be entitled to dispossess such tenants or licensees, disturb their possession only survive for a period of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to twelve (12) months from the Closing Date.

Rents. All rentscollected rents and other payments from tenants under ----- the Leases shall be prorated between Prudential and REIT OP as of 12:00 a.m. midnight on the Closing Date. Prudential shall be entitled to all rents (including any percentage rent, percentage rentsadditional rent and any accrued tax and operating expense reimbursements and escalations), common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants revenue of any kind attributable to any period under the Leases to but not including the Closing Date. REIT OP shall be entitled to all rents (including any percentage rent, additional rent and any accrued tax and operating expense reimbursements and escalations, subject to the provisions of Section 5.6), charges, ----------- reimbursements, payments, additional rent and other revenue of any kind derived from the Property (collectively, "RENTS") attributable to any period under the ----- Leases on and after the Closing Date. Rents due landlord under the Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated not collected as of the Apportionment Time Closing Date shall not be prorated at the time of Closing, but REIT OP shall make a good faith effort to collect the same on Prudential's behalf and to tender the same to Prudential upon receipt (as defined below), to the extent actually collected by Seller prior to which obligation of REIT OP shall survive the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first and not be applied to such charges as are then due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquenciesmerged therein); provided, however, that Seller all Rents due landlord under the Leases and collected by -------- ------- REIT OP on or after the Closing Date shall first be applied to all amounts due under the Leases at the time of collection (i.e., current rents and sums due REIT OP as the current owner and landlord) with the balance (if any) payable to Prudential, but only to the extent of amounts delinquent and actually due Prudential. REIT OP shall not be entitled have an exclusive right to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of collect the sums due Prudential under the Leases and Prudential hereby retains its rights to pursue any tenant or licensee, or take under the Leases for sums due Prudential for periods attributable to Prudential's ownership of the Property; provided that by the retention of such rights Prudential shall not retain any non-judicial action that is calculated right to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their terminate any Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to after the Closing Date. Prudential's rights under the immediately preceding sentence shall survive the Closing and not be merged therein. REIT OP agrees to cooperate as Prudential may reasonably require (at Prudential's expense) to enable Prudential to pursue after Closing the collection of such amounts due Prudential from tenants, including making available to Prudential documents and records relating to such tenants' obligations. REIT OP shall receive a credit against the Contribution Price for pre-paid rentals held by Prudential under Leases covering the period post-Closing.

Rents. 3.1. From and after the Commencement Date, Subtenant shall pay to Sublandlord rent (“Base Rent”) at the rate per annum equal to the Sublease Rental Rate, payable in equal monthly installments in advance on the first day of each month in the amounts specified in Section 1.7. The monthly installment of Base Rent shall be pro-rated for arty partial month occurring within the Term. 3.2. In addition to Base Rent, Subtenant shall pay to Sublandlord an amount equal to one hundred three percent (103%) of Subtenant’s Proportionate Share of all amounts payable by Sublandlord from time to time with respect to electricity furnished to the Prime Lease Premises and the portion of the 11th floor public corridor included in the submeter serving the Prime Lease Premises. Alternatively, if the Premises are not submetered, then Subtenant shall pay to Sublandlord an amount equal to $2.50 per rentable square foot per annum for electricity. Such payment shall be deemed Additional Rent hereunder and shall be due within fifteen (15) days after Subtenant is billed therefor. If Subtenant shall so request, Sublandlord shall provide Subtenant with a copy of any electricity ▇▇▇▇ provided by the utility company or by Prime Landlord. All rentsRent due hereunder shall be paid in lawful money of the United States at such place as Sublandlord may from time to time designate, percentage rentsand in lieu of such specific and separate designation, common area chargesthen at the place designated in Section 12 of this Sublease for the giving of notices to Sublandlord. All such payments shall be pro-rated for any partial month occurring within the term of this Sublease. 3.3. Subtenant shall, operating expenseswithin fifteen (15) business days of receipt of notice of demand (together with copies of supporting documentation reasonably satisfactory to Subtenant), real estate taxes, parking charges and other costs pay or charges paid by tenants reimburse Sublandlord for all amounts payable under the Leases and licensees Prime Lease, the True North Lease or the Hiro Lease under the Licenses (collectively, “Rents”) shall be prorated as of the Apportionment Time (as defined below), any indemnities thereunder to the extent actually collected by Seller prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to that any such charges as are then due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect payment arises from the tenants and licensees all Rents that are delinquent act or omission of Subtenant and/or any agent, contractor, sub-subtenant, assignee or affiliate of Subtenant or any employee thereof or arising out of Subtenant’s request for the period prior to Closing. Purchaser shall remit to Seller service or work including: (a) above building standard or overtime heating or cooling; (b) extra cleaning; (c) overtime or dedicated freight elevator service; or (d) any Rents received maintenance, repair or other service for which a separate charge is made by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such RentsPrime Landlord, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants True North or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or LicensesHiro. 3.4. As used herein, the term “Apportionment TimeAdditional Rent” shall mean 11:59 p.m. Pacific time include all sums of money which shall become due and payable by Subtenant to Sublandlord hereunder, other than Base Rent, and the term “Rent” or “Rents” shall refer to Base Rent and Additional Rent. Subtenant shall promptly pay all Rent as and when the same shall become due and payable without setoff, offset or deduction of any kind whatsoever and, if Subtenant fails to pay any Rent when due, Sublandlord shall have all of the rights and remedies provided for herein or at law or in equity as in the case of nonpayment of Rent. In no event shall Subtenant be liable to pay Sublease Tax Payments or Sublease Operating Expense Payments as defined in the Prime Sublease. 3.5. Sublandlord’s failure to make a demand under this Sublease shall not be a waiver of, or cause Sublandlord to forfeit or surrender, its rights to collect any Rents which may have become due pursuant to this Sublease. Subtenant’s liability for Rents accruing during the Term shall survive the expiration or sooner termination of this Sublease. 3.6. If Subtenant arranges with Prime Landlord directly for any service, work or good, then Subtenant shall timely pay for all such services, work or goods. 3.7. All amounts due from Subtenant to Sublandlord under this Sublease shall be paid by good and sufficient check (subject to collection) drawn on a bank which is a member of the New York Clearing House. The monthly fixed Rent payable on account of any partial calendar month during the term, if any, shall be prorated on a per diem basis. 3.8. This Sublease provides for the abatement of Base Rent for the fifth month of the Term and the sixth month of the Term only (the “Abatement Period”). Subtenant’s obligation to pay Additional Rent, or any other sums due other than Base Rent, shall not ▇▇▇▇▇ during the Abatement Period. Subtenant’s obligation to make payments of Base Rent will commence on the date first day of the month immediately prior to after the Closing Dateexpiration of the Abatement Period.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants Rents under the Leases Leases, including fixed rent, additional rent and licensees under the Licenses operating expense pass-throughs (collectively, “Rents”) "RENTS"), shall be addressed in the manner set forth in this subsection. All prepaid Rents for any period subsequent to the Closing Date shall be credited to Buyer at Closing. All collected Rents for the month in which the Closing occurs shall be prorated as of the Apportionment Time (as defined below), to the extent actually collected by Seller prior to the Closing Date. All Rents received from tenants or licensees after which are due but uncollected as of the Closing Date (the "DELINQUENT RENTS") shall not be prorated at Closing, but shall be paid to the party entitled to receive such Delinquent Rents upon receipt of same by either Seller or Purchaser will first Buyer after Closing. Buyer agrees to use good faith and commercially reasonable efforts to collect Delinquent Rents from each tenant remaining in possession of its space under a Lease. Any and all amounts received by Buyer after the Closing Date from any party owing Delinquent Rents shall be paid and applied as follows: first; to Buyer's reasonable collection costs (including reasonable attorneys' fees) incurred (after the Closing Date only); second, to Buyer for Rents due for the then current month; third, to Buyer for due but unpaid Rents accruing after the Closing Date, to be applied in the inverse of the order incurred (i.e., the most recently incurred Rents paid first); fourth, to such charges as are then due Delinquent Rents for the month in which the Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser which sums shall, at no out-of-pocket cost upon such collection, be prorated between Seller and Buyer as though collected prior to itClosing); and finally, cooperate with Seller’s efforts to collect from the tenants and licensees all Seller for Delinquent Rents that are delinquent for the period prior to the month of Closing. Purchaser The parties agree that they shall remit provide a final accounting and reconciliation of all Delinquent Rents within 180 days after Closing. Buyer shall not have an exclusive right to collect any sums due Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. tenants under the Leases and Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have hereby retains the right to pursue all rights and remedies against any tenant under the applicable tenants or licensees Leases for any sums due Seller for periods attributable to recover such delinquenciesSeller's ownership of the Property; provided, however, that Seller (i) shall be required to notify Buyer in writing of Seller's intention to commence or pursue any legal proceedings, and (ii) shall not be entitled permitted to dispossess such tenants commence or licensees, disturb their possession of their leased premises, seek pursue any involuntary bankruptcy of legal proceedings against any tenant at the Property seeking eviction of such tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on termination of the date immediately prior to the Closing Dateunderlying Lease.

Rents. All rentscollected rents and other payments from tenants under ----- the Leases shall be prorated between Prudential and REIT OP as of 12:00 a.m. midnight on the Closing Date. Prudential shall be entitled to all rents (including any percentage rent, percentage rentsadditional rent and any accrued tax and operating expense reimbursements and escalations), common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants revenue of any kind attributable to any period under the Leases to but not including the Closing Date. REIT OP shall be entitled to all rents (including any percentage rent, additional rent and any accrued tax and operating expense reimbursements and escalations, subject to the provisions of Section 5.6), charges, ----------- reimbursements, payments, additional rent and other revenue of any kind derived from the Property (collectively, "RENTS") attributable to any period under the ----- Leases on and after the Closing Date. Rents due landlord under the Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated not collected as of the Apportionment Time Closing Date shall not be prorated at the time of Closing, but REIT OP shall make a good faith effort to collect the same on Prudential's behalf and to tender the same to Prudential upon receipt (as defined below), to the extent actually collected by Seller prior to which obligation of REIT OP shall survive the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first and not be applied to such charges as are then due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquenciesmerged therein); provided, however, that Seller all Rents due landlord under the Leases and collected by -------- ------- REIT OP on or after the Closing Date shall first be applied to all amounts due under the Leases at the time of collection (i.e., current rents and sums due REIT OP as the current owner and landlord) with the balance (if any) payable to Prudential, but only to the extent of amounts delinquent and actually due Prudential. REIT OP shall not be entitled have an exclusive right to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of collect the sums due Prudential under the Leases and Prudential hereby retains its rights to pursue any tenant or licensee, or take under the Leases for sums due Prudential for periods attributable to Prudential's ownership of the Property; provided that by the retention of such rights Prudential shall not retain any non-judicial action that is calculated right to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their terminate any Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to after the Closing Date. Prudential's rights under the immediately preceding sentence shall survive the Closing and not be merged therein. REIT OP agrees to cooperate as Prudential may reasonably require (at Prudential's expense) to enable Prudential to pursue after Closing the collection of such amounts due Prudential from tenants, including making available to Prudential documents and records relating to such tenants' obligations. REIT OP shall receive a credit against the Purchase Price for pre-paid rentals held by Prudential under Leases covering the period post-Closing.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges collected rents and other costs or charges paid by payments from tenants under the Leases and licensees under the Licenses (collectively, “Rents”) leases shall be prorated between Seller and Buyer as of the Apportionment Time (as defined below), to the extent actually collected by Seller day prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first shall be applied entitled to such charges as are then due for the month in which Closing occurs all rents (including any percentage rent, additional rent and prorated appropriately between the parties based on the Apportionment Timeany accrued tax and operating expense reimbursements and escalations), charges, and then applied other revenue of any kind attributable to any delinquencies in their reverse order period under the Leases to but not including the Closing Date. Buyer shall be entitled to all rents (including any percentage rent, additional rent and any accrued tax and operating expense reimbursements and escalations), charges and other revenue of accrual until such delinquencies have been satisfied in full. For a any kind attributable to any period of nine (9) months under the Leases on and after the Closing Date. Rents and expense escalations or other reimbursements due landlord under the Leases not collected as of the Closing Date shall not be prorated at the time of Closing, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts but Buyer shall make a good faith effort to collect from the tenants same on Seller's behalf and licensees all Rents that are delinquent for to tender the period prior to Closing. Purchaser shall remit same to Seller any Rents received by Purchaser subsequent to upon receipt (which obligation of Buyer shall survive the Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquenciesnot be merged therein); provided, however, that all rents, escalations and other reimbursements due landlord under the Leases collected by Buyer on or after the Closing Date shall first be applied to all amounts due under the Leases at the time of collection (i.e., current rents and sums due Buyer as the current owner and landlord) with the balance (if any) payable to Seller, but only to the extent of amounts delinquent and actually due Seller. Buyer shall not have an exclusive right to collect the sums due Seller under the Leases and Seller hereby retains its rights to pursue any tenant under the Leases for sums due Seller for periods attributable to Seller's ownership of the Property; provided, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased a tenant's possessory right in its premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations . Seller's rights under their Leases or Licenses. As used herein, the term “Apportionment Time” immediately preceding sentence shall mean 11:59 p.m. Pacific time on the date immediately prior to survive the Closing Dateand not be merged therein. Buyer shall receive a credit against the Purchase Price for pre-paid rentals held by Seller covering the period post-Closing.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges The rents and other costs or charges paid by income collected from tenants under the Leases in effect on the Redemption Apportionment Date or otherwise (including without limitation parking revenues) shall be prorated and licensees adjusted as follows (all references to “Leases” in this Section 8.4.3 shall be deemed to refer to the Leases of space in City ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇ & ▇, ▇▇▇▇▇▇▇▇ ▇ & 4 and San ▇▇▇▇▇▇ Plaza in effect on the Redemption Apportionment Date): 8.4.3.1 All collected rent, and other collected income (and any applicable state or local tax on rent), which are collected on or prior to the Redemption Closing Date in respect of the month of Redemption Closing under leases in effect on the Licenses (collectively, “Rents”) Redemption Closing Date shall be prorated as of the Apportionment Time (as defined below)Redemption Closing Date, with CalSTRS to be credited with its pro rata share of all rent and other income applicable to the extent actually collected by Seller period of time on or prior to the Redemption Closing Date, and the Company or TPG to be credited with any rent and other income collected before the Redemption Closing Date but applicable to any period of time from and after the Redemption Closing Date. All Rents Uncollected rent and other income shall not be prorated on the Redemption Closing Date. Any rent received from tenants or licensees after the Redemption Closing by Seller or Purchaser will first be applied but attributable to such charges as are then due for the month in which the Redemption Closing Date occurs shall be prorated in accordance with the first sentence of this Section 8.4.3.1, with CalSTRS receiving a credit for its pro rata share of the rent and prorated appropriately between income for the parties based on period up to the Apportionment Time, Redemption Closing Date. The Company and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months TPG shall apply rent and other income from tenants that are collected after the Redemption Closing Date first to the month in which the Redemption Closing Date occurs as provided for above, second to such amounts accruing on and after the Redemption Closing Date, Purchaser shall, at no out-of-pocket cost and third to it, cooperate with Seller’s efforts such amounts accruing prior to the Redemption Closing Date. CalSTRS shall not take action to collect from the any rent or other income owed by tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable with respect to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Redemption Closing Date.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges Landlord and Tenant jointly and severally acknowledge that the Lease Assignment provides for the direct payment to Lender of all rents and other costs or charges paid by tenants monies due and to become due to Landlord under the Leases and licensees Lease upon the occurrence of certain conditions as set forth in the Lease Assignment without Lender's taking possession of the Demised Premises or otherwise assuming Landlord's position or any of Landlord's obligations under the Licenses (collectivelyLease. Upon receipt from Lender of written notice to pay all such rents and other monies to or at the direction of Lender, “Rents”) shall be prorated as Landlord authorizes and directs Tenant thereafter to make all such payments to or at the direction of the Apportionment Time (as defined below)Lender, releases Tenant of any and all liability to the extent actually collected by Seller prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due Landlord for the month in which Closing occurs any and prorated appropriately between the parties based on the Apportionment Timeall payment so made, and then applied to shall defend, indemnify and hold Tenant harmless from and against any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in fulland all claims, demands, losses, or liabilities asserted by, through or under Landlord (except by Lender) for any and all payments so made. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s Upon receipt of such Rentsnotice, less third partyTenant thereafter shall pay all monies then due and becoming due from Tenant under the Lease to Lender or at the direction of Lender, out-of-pocket costs reasonably incurred notwithstanding any provision of the Lease to the contrary. Tenant agrees that neither Lender's demanding or receiving any such payments, nor Lender's exercising any other right, remedy, privilege, power or immunity granted by Purchaser in collecting such delinquent rentthe Deed of Trust or the Lease Assignment, together with appropriate supporting documentation. Seller shall remit will operate to Purchaser impose any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent liability upon Lender for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy performance of any tenant or licensee, or take obligation of Landlord under the Lease unless and until Lender elects otherwise in writing. Such payments shall continue until Lender directs Tenant otherwise in writing. Tenant agrees not to pay any non-judicial action that is calculated rent under the Lease more than thirty (30) days in advance without Lender's consent. The provisions of this Paragraph 7 will apply from time to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, time throughout the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on of the date immediately prior to the Closing DateLease.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges collected rents and other costs payments from tenants, licensees or charges paid by tenants other occupants under the Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated between Seller and Purchaser as of midnight on the Apportionment Time (as defined below), to the extent actually collected by Seller day prior to the Closing Date. All Rents received from tenants or licensees Seller shall be entitled to all rents, charges, and other revenue of any kind attributable to any period under the Leases to but not including the Closing Date. Purchaser shall be entitled to all rents, charges and other revenue of any kind attributable to any period under the Leases on and after the Closing by Seller or Purchaser will first Date. Minimum rent, percentage only rent and additional rent shall be applied to such charges as are then due prorated for the month in which Closing occurs occurs. Percentage rent (as contrasted to percentage only rent) shall be apportioned on a Lease-by-Lease basis as follows: (i) subject to the balance of this subparagraph, Seller shall retain all percentage rent payments received by it on and prorated appropriately between prior to the parties based Closing Date and Purchaser shall retain all percentage rent payments received by it after the Closing Date; (ii) on the Apportionment TimeClosing Date, Seller shall deliver to Purchaser a statement of all percentage rent collected by Seller with respect to the Subject Lease Year on a Lease-by-Lease basis along with a copy of the percentage rent invoices and sales reports which support those collections; (iii) for each Lease, not later than forty-five (45) days after the date that gross sales for the Subject Lease Year are finally determined, Purchaser shall deliver to Seller a statement of all percentage rent collected by Purchaser with respect to that Lease along with a copy of the annual reconciliation of percentage rent owed under the applicable Lease for the Subject Lease Year and the related sales information backup; and, (iv) for each Lease, within fifteen (15) days after the date the statement and reconciliation described in subsection (iii) above is delivered to Seller, Purchaser shall pay to Seller or Seller shall pay to Purchaser, whichever is applicable, the positive difference between (A) the total percentage rent collected by that party with respect to the Subject Lease Year and (B) the product of (1) the average daily percentage rent received with respect to the Subject Lease Year after taking into account the annual reconciliation and (2) the actual number of days that party was the Owner of the Property during the Subject Lease Year (with Purchaser being deemed to be the owner as of the Closing Date). For example, if the tenant’s Lease Year runs from February 1 to January 31, the Closing Date occurs on February 16, 2006, Seller collects $0 percentage rent for the Subject Lease Year, and Purchaser collects $700,000 percentage rent for the Subject Lease Year, then applied Purchaser shall pay to any delinquencies Seller $28,767.12 ($700,000 - ($1,917.811 x 15 days)). As used herein, the term "Lease Year" means the twelve (12) month period as to which annual percentage rent is owed under each Lease and “Subject Lease Year” means, for each Lease, the Lease Year in their reverse order which the Closing Date occurs. Seller shall be entitled to continue or commence audits of accrual until such delinquencies percentage rent and percentage only rent under the Leases for the Lease Year immediately prior to the Subject Lease Year, and shall have been satisfied the right to settle the same in fullits sole discretion. For Rents, CAM charges, utility charges, tax charges and other revenue or reimbursements due landlord under the Leases not collected as of the Closing Date shall not be prorated at the time of Closing, but for a period of nine twelve (912) months after the Closing Date, Purchaser shallshall make a reasonable, at no out-of-pocket cost good faith effort to it, cooperate with collect the same on Seller’s efforts to collect from behalf by invoicing delinquent tenants on a monthly basis for all past due amounts (which obligation shall survive the tenants Closing and licensees all Rents that are delinquent for shall not be merged in the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquenciesDeed); provided, however, that Seller Purchaser shall not be entitled have no obligation (unless Purchaser elects in its sole discretion) to dispossess enforce its rights under the Leases in a court of law or equity, to threaten such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licenseeenforcement, or take to commence any non-judicial action that is calculated or proceeding whatsoever to materially interfere enforce its rights under the Leases. All rents, CAM charges, utility charges, tax charges and other reimbursements due landlord under the Leases collected by Purchaser on or after the Closing Date shall first be applied to all amounts due under the Leases at the time of collection for periods from and after the Closing Date (i.e., current rents and any other sums due Purchaser as the current Owner and landlord), next to the actual costs incurred by Purchaser to third parties in collecting these amounts, with such tenants’ or licensee’s ability the balance (if any) payable to operate their businesses Seller promptly upon receipt for rents and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately any other sums due prior to the Closing Date, to be applied in reverse chronological order of the date on which same became due. Seller may not bring suit against any such tenant to collect any such sums unless the tenant is a tenant in other shopping centers owned by Seller or an affiliate of Seller, in which case Seller shall be permitted to bring suit against that tenant. In no event shall Seller seek or threaten eviction of any tenant in the Property. Purchaser shall receive a credit against the Purchase Price for pre-paid rentals held by Seller covering the period post-Closing. Advertising or marketing funds collected by Seller prior to Closing, net of expenses not assumed by Purchaser, will be credited against the Purchase Price at Closing. Notwithstanding anything herein to the contrary, Seller shall retain all rights and claims against tenants and former tenants in bankruptcy which are no longer in possession at the Property.

Rents. All rents and other payments from tenants under the Space Leases affecting the Specified Assets or Operating Partnership's or its Affiliate's interest in the Joint Venture Owned Property shall be prorated between the applicable Property Owner and the applicable Transferee as of 11:59 p.m. on the day immediately preceding the Specified Assets Closing Date. Each Property Owner shall be entitled to all rents, percentage charges, and other revenue of any kind attributable to any period under the Leases affecting its Specified Assets to, but not including, the Specified Assets Closing Date. Each Transferee of a Fee Owned Property shall be entitled to all rents, common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants revenue of any kind attributable to any period under the Leases affecting its Specified Assets on and licensees after the Specified Assets Closing Date. The Joint Venture Interest Owner and the Transferee thereof shall prorate such rent, charges and other revenue attributable to the Joint Venture Owned Property on a similar basis in accordance with their interests. Rents or other reimbursements due landlord under the Licenses (collectively, “Rents”) shall be prorated Leases affecting Specified Assets not collected as of the Apportionment Time Specified Assets Closing Date shall not be prorated at the time of the Specified Assets Closing, but each applicable Transferee shall make a good faith effort (as defined below), which shall not include bringing legal action against a tenant) to collect the extent actually collected by Seller prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due for the month in which Closing occurs and prorated appropriately between the parties based same on the Apportionment Time, applicable Seller's behalf and then applied to any delinquencies in their reverse order tender the same to Operating Partnership upon receipt (which obligation of accrual until such delinquencies have been satisfied in full. For Transferee shall survive the Specified Assets Closing and not be merged therein for a period of nine four (94) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquenciesmonths); provided, however, that Seller all rents, escalations and other reimbursements due landlord under the Leases affecting its Specified Assets collected by a Transferee on or after the Specified Assets Closing Date, less the reasonable costs of collection, shall not first be entitled applied to dispossess all amounts due under the Leases affecting its Specified Assets at the time of collection (i.e., current rents and sums due such tenants or licenseesTransferee as the current owner and landlord) with the balance (if any) payable to Operating Partnership, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior but only to the Closing Dateextent of amounts delinquent and actually due to Operating Partnership. The owner of the Joint Venture Interest and the Transferee thereof shall treat rents and other reimbursements due landlord under the Leases affecting the Joint Venture Owned Property on a similar basis in accordance with their interests.

Rents. All rents, percentage rents, common area fixed and additional rentals under the Space Leases and other tenant charges, operating expensesin each case as and when actually received, real estate taxes, parking charges and other costs or charges paid by tenants under the Leases and licensees under the Licenses (collectively, “Rents”) shall be prorated as of the Apportionment Time (as defined below), Cut-Off Time. Seller shall deliver or provide a credit in an amount equal to the extent actually collected by Seller prior to all prepaid rents for periods after the Closing Date. All Rents received from tenants or licensees after which are delinquent as of the Closing by Seller or Purchaser will first Date shall not be applied to such charges as are then due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment TimeClosing Date. To the extent Purchaser receives rents (including operating expense, tax and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9insurance charges payable by tenants) months on or after the Closing Date, such payments shall be applied first toward the payment in full of all delinquent rents and other delinquent amounts due to Seller for periods prior to the Closing (and Purchaser shallshall promptly deliver such amounts to Seller), at no out-of-pocket cost to it, cooperate then allocated for the month of Closing (with Seller’s efforts share thereof being promptly delivered to collect from Seller by Purchaser) and the tenants and licensees all Rents that are delinquent for the period prior balance to Purchaser with respect to periods following Closing. Purchaser shall remit use commercially reasonable efforts to Seller collect any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rentrents. Any percentage rents under Space Leases shall be prorated on the basis of the ratio of the number of days expired before Closing to the number of days after Closing. In the event that the proration of operating expenses, together with taxes, insurance charges and/or percentage rent cannot be fully prorated because of the unavailability of information then such proration will be tentatively prorated on the best available information and Seller and Purchaser will make the appropriate supporting documentationfinal adjustments within ninety (90) days following the end of the calendar year in which the Closing occurs. Seller All such adjustments will be paid in cash to the party entitled thereto. All security deposits shall remit be transferred to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together all obligations with appropriate supporting documentation. With respect to any Rents that are delinquent for such security deposits shall be assumed by Purchaser. This Section 7.01(j) shall survive the period prior to Closing, Seller shall have the right to pursue all rights Closing and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants deemed merged into the Deed or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing Dateconveyance document delivered at Closing.

Rents. All rentsnon-delinquent rents (including all accrued tax, percentage rentsutility, common area chargesinsurance and operating expense pass-throughs), charges and revenue of any kind actually received from the Cargill Lease for the month of Closing will be prorated at Closing. Seller will receive all rents (including all accrued tax, utility and operating expensesexpense pass-throughs), real estate taxes, parking charges and other costs or charges paid revenue of any kind received from the Cargill Lease up to, but not including, the Closing. No proration will be made with respect to any delinquent rents of any kind receivable from the Cargill Lease for any period before Closing. All amounts collected by tenants Buyer subsequent to Closing relating to delinquent rents will be promptly remitted to Seller; provided that all rents received by Buyer after Closing will be applied first to the rental period in which the Closing occurred, second to any current rental period following the Closing and third to satisfy delinquent rental obligations for any period before Closing not prorated at Closing. Seller will retain all ownership rights relating to any such delinquent rents, however in no event may Seller take any action against the tenant under the Leases and licensees Cargill Lease or any other person liable for such delinquent rents. In consideration for such waiver by Seller, Buyer covenants for a period of four (4) months to include in its regular monthly billing to the tenant under the Licenses Cargill Lease a request for payment of any delinquent amounts owing to Seller. Notwithstanding the foregoing, if any of such operating expenses and other charges and expenses are payable by the tenant under the Cargill Lease (collectively, the “Rents”Tenant Charges“) on an estimated basis, then the Tenant Charges shall be prorated reconciled against actual charges and expenses as of and at the Apportionment Time (as defined below)Closing, to the extent actually collected by Seller prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Timepossible, and then applied to any delinquencies in their reverse order of accrual until such delinquencies Seller shall provide a proposed reconciliation for Buyer’s approval. Seller shall have been satisfied in full. For a period of nine ninety (990) months after days following the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate provide Buyer with Seller’s efforts to collect a final reconciliation of Tenant Charges (including all backup and supporting evidence of actual costs versus estimated payment received from the tenants and licensees all Rents tenant). If the final reconciliation shows that are delinquent for the period prior Seller owes Buyer additional sums, Seller shall deliver such amount to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing Buyer within ten (10) Business Days from Purchaser’s receipt days after the delivery of the final reconciliation of the Tenant Charges. If the final reconciliation shows that the tenant under the Cargill Lease owes Seller additional sums, Buyer shall pay such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. amount to Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Sellerdays after Buyer’s receipt of such Rentsamounts from the tenant under the Cargill Lease. Other than as set forth above, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller there shall not be entitled to dispossess any further reconciliation of such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used hereinTenant Charges after the final reconciliation thereof, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior proration of such Tenant Charges pursuant to the final reconciliation being conclusively presumed to be accurate. After the Closing Datebut subject to the foregoing obligations of Seller and Buyer, Buyer shall be solely liable and responsible to the tenant under the Cargill Lease for such reconciliation of Tenant Charges under the Cargill Lease. The foregoing covenants made by Buyer and Seller with respect to the final reconciliation of the Tenant Charges survives the Closing.

Rents. (i) All rentals, receipts and other revenues from the Property, including base rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges rents and additional rents (other costs or charges paid by tenants under the Leases and licensees under the Licenses than those referenced in Section 4(b) below) (collectively, “"Rents”") which have been actually received by Seller and which are payments under Leases for the period from and after the Closing Date, shall be prorated as of credited to Buyer, and Buyer shall be entitled to collect all Rents which are delinquent or due on or after the Apportionment Time Closing Date; (as defined below), to the extent actually ii) All Rents collected by Seller Buyer after the Closing Date with respect to each Lease for which Rent payments are delinquent at Closing by not more than thirty (30) days shall (subject to Seller's retained right to sue therefor with re▇▇▇ct to delinquent Rents accruing prior to the Closing Date. , to the extent not paid or credited to Seller) be credited and paid by Buyer as follows: first to Seller for amounts due before the Closing Date, but unpaid prior to the Closing Date, and second to Buyer; (iii) All Rents received from tenants or licensees collected by Buyer after the Closing Date with respect to each Lease for which Rent payments are delinquent at Closing by Seller more than thirty (30) days shall (subject to Seller's retained right to sue therefor with re▇▇▇ct to delinquent Rents accruing prior to the Closing Date, to the extent not paid or Purchaser will credited to Seller) be credited and paid by Buyer as follows: first be applied to such charges Buyer in an amount equal to amounts due as are then due for of the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order date of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months collection but after the Closing Date, Purchaser shalland second to Seller in an amount equal to amounts due prior to the Closing Date and unpaid as of the Closing Date; (iv) Notwithstanding the foregoing, at no with respect to any Lease for which Rent is paid in arrears, Rent received by Buyer after the Closing shall be credited to the Rent in arrears for the previous month before it is credited to current month or advance Rents; (v) Any delinquent Rents which, as so credited, relate in whole or part to any period prior to the Closing Date shall be remitted by Buyer to Seller when collected by Buyer (net only of Buyer's proportionate share of any reasonable out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably collection expenses actually incurred by Purchaser in collecting such delinquent rentBuyer); and (vi) In addition to the foregoing, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant improvements, leasing commissions or licenseeother monetary obligations of the landlord under Leases entered into after the Effective Date pursuant to Section 6(c) below, or take any non-judicial action that is calculated which obligations have been paid by Seller, shall be credited to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing DateSeller.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants under the Leases and licensees under the Licenses (collectively, “Rents”) Rents shall be prorated as of midnight of the Apportionment Time (as defined below), to the extent actually collected by Seller prior to day immediately preceding the Closing Date. All Without otherwise limiting the foregoing, Seller shall be entitled to all rents (including any percentage rent and any accrued tax and operating expense escalations, subject to the provisions of SECTION 5.6), charges, and other revenue of any kind attributable to any period under the Leases to but not including the Closing Date. Buyer shall be entitled to all rents (including any percentage rent and any accrued tax and operating expense escalations, subject to the provisions of SECTION 5.6), charges and other revenue of any kind attributable to any period under the Leases on and after the Closing Date. Rents received from tenants and expense escalations or licensees other reimbursements due landlord under the Leases not collected as of the Closing Date shall not be prorated at the time of Closing, but Buyer shall make a good faith effort to collect the same on Seller's behalf (which obligation of Buyer shall survive the Closing), and to tender the same to Seller upon receipt, provided that all rents, escalations and other reimbursements due landlord under the Leases collected by Buyer on or after the Closing by Seller or Purchaser will Date shall first be applied to such charges all amounts due under the Leases at the time of collection (i.e., current rents and sums due Buyer as are then the current owner and landlord) with the balance (if any) payable to Seller, but only to the extent of amounts delinquent and actually due for the month in which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies Seller. Buyer shall not have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts an exclusive right to collect from the tenants sums due Seller under the Leases and licensees all Rents that are delinquent Seller hereby retains its rights to pursue any tenant under the Leases for the period prior to Closing. Purchaser shall remit to sums due Seller any Rents received by Purchaser subsequent to Closing which are for periods attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt Seller's ownership of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquenciesProperty; provided, however, that Seller shall not without Buyer's prior written consent, which may be entitled withheld for any reason or for no reason, cause any Lease to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy be terminated as a result of any default by any tenant or licenseeunder its Lease. Buyer shall receive a credit against the Purchase Price for all security deposits and pre-paid rentals held by Seller covering the period post-Closing. To the extent assignable, or take Seller shall assign to Buyer any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing Datesecurity deposits held by Seller at Closing.

Rents. All rentsSupplementing subsection (a) above, additional or escalation rent based upon: (x) a percentage rents, common area charges, operating expenses, of sales or (y) tenant’s share of real estate taxes, parking charges and other operating expenses (including insurance), labor costs, costs of living indices or charges paid by tenants under the Leases and licensees under the Licenses ▇▇▇▇▇▇’▇ wages (collectively, “RentsOverage Rent”) shall be prorated adjusted and pro-rated, subject to subsection (iv) below, on an if, as of the Apportionment Time (as defined below), and when collected basis. The following shall apply to the extent actually collected by Seller prior Overage Rent is billed on the basis of Sellers’ estimates or an annual budget, which is subject to subsequent reconciliation and readjustment with each such tenant at the end of the applicable year: Notwithstanding anything to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first contrary contained herein, Sellers shall be applied to such charges as are then due responsible for the month reconciliation of the Overage Rent paid by the tenants for calendar year 2015 in which Closing occurs the ordinary course of their business and prorated appropriately between there shall be no credit or charge to the parties based on Purchaser for any such amounts. Purchaser shall use commercially reasonable efforts to collect any Overage Rent attributable to calendar year 2015 after Sellers deliver the Apportionment Time, 2015 reconciliations to the tenants and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in fullPurchaser. For a period of nine Within ninety (990) months after days following the Closing Date, Sellers shall provide Purchaser shallwith a reconciliation statement for the portion of the 2016 calendar year up until the Closing Date, at no with all necessary supporting documentation, as to the Overage Rent paid by the tenants for such period. Such reconciliation statement shall indicate any difference between the Overage Rent paid by the tenants (based on each Seller’s annual 2016 budget for real estate taxes and operating expenses) and the amount that should have been paid by the tenants through the Closing Date (based on the actual expenses covering such time period); If Sellers have collected more on account of such Overage Rent than such actual amount for such time period (with it being acknowledged that such calculation shall be made only with respect to actually collected Overage Rent sums for such time period, and not any such sums that may be so receivable from tenants), then the amount of such difference shall be paid to Purchaser; If Sellers have collected less from the tenants for Overage Rents than the actual amounts for such time period, then the amount of such under-collected Overage Rents shall be paid and delivered to Sellers if, as and when collected. If, on the Closing Date, there are any unpaid Overage Rents for the month of Closing (or other period during which the Closing Date occurs) or past due Overage Rents owing by any tenants for any prior period, Overage Rents collected by Purchaser after the Closing Date from such tenants will be applied first, to the actual out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket party costs reasonably incurred by Purchaser in collecting such delinquent rentpast due Rents; second, together with appropriate supporting documentation. Seller shall remit to the month of Closing; third to amounts due Purchaser any Rents received by Seller subsequent for periods following the month in which the Closing occurred; and fourth, to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent amounts due Sellers for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately months prior to the month in which the Closing Dateoccurred. Purchaser shall be solely responsible for performing any Overage Rent reconciliations with tenants under the Leases with respect to the entire calendar year in which the Closing occurs. Purchaser shall include in any Operating Expense reconciliations with the tenants under the Leases copies of any applicable billing statements and invoice back-up provided by Sellers for operating expenses incurred by Sellers during the period of Sellers’ ownership of the Properties, and shall use commercially reasonable efforts to collect from tenants all amounts due to each Seller; Notwithstanding anything in this Section 11.3(b) to the contrary, the recoveries and expenses for any Overage Rent for tenants that pay Overage Rent on an annual basis shall be prorated on an accrual basis as of Closing; and Any prorations relating to Overage Rent proposed by either party shall be subject to the other party’s review and reasonable approval. Upon written request of either party to the other delivered on or before the earlier of December 30, 2016 and the date that is twelve (12) months after Closing, Overage Rent shall be reprorated as of Closing.”

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants Rents actually collected under the Leases and licensees all other income actually collected from the Properties shall be prorated for each Property on the Closing Date for such Property. Base rents and other charges actually paid to a Property Owner by the Tenant under the Licenses any Lease (including any pet rent, parking payments and tenant reimbursements (other than RUBS which is handled below)) (collectively, “Rents”) shall be prorated as for the month of the Apportionment Time (as defined below), to the extent actually Closing Date and collected by Seller the applicable Property Owner prior to the Closing Date shall be prorated on the Closing Date for such Property. Uncollected Rents and other uncollected income shall not be prorated at Closing. Following each Closing Date, if Steadfast (or the Property Owner or its manager) receives any Rents or other income it shall promptly deliver such Rents to the applicable Company Subsidiary. All During the period after each Closing Date, the Company shall direct the applicable Company Subsidiary to deliver to Steadfast Steadfast’s pro rata share of any and all Rents accrued but uncollected for the Properties as of the Closing Date for such Properties to the extent subsequently collected by such Company Subsidiary, net of any collection costs incurred by any such Company Subsidiary; provided, however, the Parties agree that the Company Subsidiary shall apply Rents received from tenants the Tenant after such Closing Date for any Property first to payment of Rents due from such Tenant for any calendar month or licensees after months following the Closing Date until such Tenant is current in the payment of post-Closing Rents, then to the Rents owing by Seller or Purchaser will first be applied to such charges as are then due Tenant for the month in which of the Closing occurs and prorated appropriately between the parties based on the Apportionment TimeDate, and then applied thereafter to any pre-Closing delinquencies in their reverse order of accrual until such delinquencies have been satisfied in fullTenant. For a period of nine (9) months 60 days after the applicable Closing, the applicable Company Subsidiary shall ▇▇▇▇ and attempt to collect rent arrearages from Tenants still residing at the Properties in the ordinary course of business, but shall not be obligated to engage a collection agency or take legal action to collect any rent arrearages. The Company (and the applicable Company Subsidiary) shall have the sole right to pursue and collect rent arrearages after the Closing, provided however, if amounts are not collected by the Company Subsidiary within 60 days after the applicable Closing Date, Purchaser shallthen Steadfast may pursue any Tenants no longer residing at the Properties, at provided that in no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser event shall remit to Seller Steadfast or any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser Property Owner have any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, commence or take any non-judicial action that is calculated which would affect any Tenant’s right to materially interfere with possession or control of any portion of any Property or be in the form of any eviction, forcible entry and detainer or other similar action following Closing for such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to the Closing DateProperty.

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges Rents and other costs or charges paid payable by tenants under the Leases and licensees under the Licenses (collectively, “"Rents”") shall be prorated apportioned as and when collected. Any Rents collected by Purchaser (which shall include Rents collected by any agent acting for Purchaser) subsequent to the Closing (whether due and payable prior to or subsequent to the Closing Date) shall be adjusted as of the Apportionment Time 11:59 p.m. on the Closing Date (as defined belowthe "Adjustment Point"), and any portion thereof properly allocable to periods prior to the extent actually Adjustment Point, net of costs of collection properly allocable thereto, if any, shall be paid by Purchaser to Seller (or such parties as may be directed by Seller) promptly after the collection thereof by Purchaser, but subject to the further provisions of this Section in the case of Rents due prior to the Adjustment Point. If prior to the Closing Seller, the Joint Ventures and their respective Subsidiaries shall have collected any Rents (which shall include Rents collected by any agent acting for such parties) which are properly allocable in whole or in part to periods subsequent to the Adjustment Point, the portion thereof so allocable to periods subsequent to the Adjustment Point, net of costs of collection properly allocable thereto, if any, shall be credited to Purchaser by Seller at the Closing. As used in this Section the term "costs of collection" shall mean and include reasonable attorneys' fees and other costs incurred by Purchaser or Seller, the Joint Ventures and their respective Subsidiaries in collecting any Rents, but shall not include the regular fees payable to any property manager for the Property, the payroll costs of any of Seller's, the Joint Ventures' or Purchaser's employees or any other internal costs or overhead of Seller, the Joint Ventures and their respective Subsidiaries or Purchaser. 1) Ten (10) business days prior to the Closing, Seller shall deliver to Purchaser a list of all tenants which are delinquent in payment of Rents as of the Adjustment Point, which list shall set forth the amount of each such delinquency, the period to which each such delinquency relates and the nature of the amount due itemizing separately, as applicable, fixed monthly rent, tax reimbursements, common area maintenance, operating expense escalations, electric charges, charges for tenant services, charges for overtime services, percentage rent and other charges, if any. Any amount collected by Purchaser after the Closing Date, from tenants who owe Rents for periods prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first , shall be applied to such charges as are then due (i) first, in payment of Rents for the month in which the Closing Date occurs (the "Closing Month"), (ii) second, in payment of Rents for the periods preceding the Closing Month, and (iii) third, in payment of Rents for the periods following the Closing Month. Each such amount, less any costs of collection (including reasonable counsel fees) reasonably allocable thereto, shall be adjusted and prorated appropriately between as provided above, and the parties based party who receives such amount shall promptly pay over to the other party the portion thereof to which it is so entitled. 2) Purchaser shall use commercially reasonable efforts to ▇▇▇▇ and collect any delinquencies set forth on the Apportionment Time, and then applied list delivered by Seller pursuant to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For this Section for a period of nine six (96) months after the Closing and the amount thereof, as, when and to the extent collected by Purchaser, shall, if due to Seller or the Joint Ventures pursuant to the provisions of this Section, be paid by Purchaser to Seller (or such parties as directed by Seller), less any costs of collection (including reasonable counsel fees) reasonably allocable thereto, promptly after the collection thereof by Purchaser. In no event shall Purchaser be obligated to institute any actions or proceedings or to seek the eviction of any tenant in order to collect any such delinquencies. Thereafter, Seller and the Joint Ventures shall have the right to ▇▇▇ tenants to collect such delinquencies and Purchaser shall cooperate (but shall not be obligated to spend any money unless Seller or the Joint Ventures have agreed to reimburse Purchaser therefor) with Seller and the Joint Ventures to the extent reasonably necessary, provided, however, Seller shall have no right to cause any such tenant to be evicted or to exercise any other "landlord" remedy (as set forth in the Lease) against such tenant other than to ▇▇▇ for collection. 3) Following the Closing and upon the written request of Seller and the Joint Ventures, as applicable, Purchaser shall submit or cause to be submitted to Seller, within thirty (30) days after the end of each calendar quarter up to and including the calendar quarter which includes the date that is six (6) months after the Closing Date, but only so long as any delinquencies shall be owed to Seller or the Joint Ventures, a statement which sets forth all collections made by Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for which owe such delinquencies through the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt end of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentationcalendar quarter. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right from time to pursue time following the Closing until ninety (90) days after receipt by Seller of the last quarterly statement required hereunder, at Seller's expense, to examine and audit so much of the books and records of Purchaser as relate to such delinquencies in order to verify the collections reported by Purchaser in such quarterly statements. 4) Purchaser agrees not to waive or settle any delinquency owed in whole or in part to Seller or the Joint Ventures without the prior written consent of Seller, which consent may be granted or withheld in Seller's sole discretion. 5) With respect to that portion of Rents which are payable on an annual, semiannual or other non-monthly basis, all rights such payments which become due after the Closing, to the extent allocable to periods prior to the Adjustment Point, shall be paid by Purchaser to Seller (or such parties as may be directed by Seller) promptly after receipt thereof, subject to costs of collection, if any, properly allocable thereto. With respect to that portion of Rents that are attributable to payments of expenses such as common area maintenance charges, association charges or advertising and remedies against promotional charges, such Rents shall be apportioned based on which party paid or will pay the applicable correlating expenses for the relevant period. With respect to that portion of Rents which are billed on an index-based formula or on an estimated basis during the fiscal or other period for which paid, at the end of such fiscal or other period Purchaser shall determine whether the items in question have been over billed or under billed (or over- or under-estimated, as applicable). If there has been an over billing or over-estimation and an over billed/estimated amount has been received, Seller shall, promptly after request by Purchaser, pay to Purchaser the portion of such over billed/estimated amount which is properly allocable to the period prior to the Adjustment Point (to the extent such amount was actually received), and promptly thereafter Purchaser shall reimburse the entire over billed/estimated amount to the tenants which paid the same. If there has been an under billing or licensees under-estimation, the additional amount shall be billed by Purchaser to recover the tenants and any amount received by Purchaser, net of costs of collection, if any, to the extent properly allocable to periods prior to the Adjustment Point shall promptly be paid by Purchaser to Seller (or such delinquencies; providedparties as may be directed by Seller). In the event that a tenant requires an audit with respect to an over-billing or under-billing that relates to the time period prior to the Adjustment Point, howeverPurchaser shall promptly notify Seller and Seller may either (i) conduct such audit at its sole cost and expense, that in which case Seller shall not consult with Purchaser in the conduct of same and Purchaser shall reasonably cooperate with Seller and provide Seller with reasonable access to any books and records reasonably necessary to conduct such audit or (ii) decline to conduct such audit, in which case Seller shall reimburse Purchaser for the reasonable costs incurred by Purchaser to conduct such audit relating to the time period prior to the Adjustment Point. 6) Notwithstanding anything to the contrary set forth in this Section, Seller (or such parties as may be directed by Seller) shall be entitled to dispossess receive, and Purchaser shall pay to Seller (or such parties as may be directed by Seller) promptly after receipt thereof, net of costs of collection and reasonable attorneys' fees, if any, properly allocable thereto, (i) all amounts payable by tenants on account of all real estate and personal property taxes, general and special assessments, water and sewer charges, license fees and other fees and charges assessed or licenseesimposed by governmental authorities upon the Properties (the "Impositions") which, disturb pursuant to the terms of this Section, it is Seller's obligation to pay and discharge (to the extent Seller either paid such amounts or Purchaser received a credit therefor pursuant to this Section), which amounts shall be apportioned between Seller and Purchaser in the same manner as the Impositions to which they relate and (ii) all amounts payable by tenants on account of utilities which, pursuant to the terms of this Section, it is Seller's obligation to pay and discharge (to the extent Seller either paid such amounts or Purchaser received a credit therefor pursuant to this Section), which amounts shall be apportioned between Seller or such Joint Venture and Purchaser in the same manner as the utilities to which they relate. Notwithstanding anything to the contrary set forth in this Section, Purchaser shall be entitled to receive, and Seller shall pay to Purchaser promptly after receipt thereof, net of costs of collection and reasonable attorneys' fees, if any, properly allocable thereto, (i) all amounts payable by tenants on account of Impositions which, pursuant to the terms of this Section, it is Purchaser's obligation to pay and discharge (to the extent Purchaser either paid such amounts or Seller received a credit therefor pursuant to this Section), which amounts shall be apportioned between Seller and Purchaser in the same manner as the Impositions to which they relate and (ii) all amounts payable by tenants on account of utilities which, pursuant to the terms of this Section, it is Purchaser's obligation to pay and discharge (to the extent Purchaser either paid such amounts or Seller (or a party designated by Seller) received a credit therefor pursuant to this Section), which amounts shall be apportioned between Seller and Purchaser in the same manner as the utilities to which they relate. 7) Any advance rental deposits or payments held by Seller, a Joint Venture or their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licenses. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time respective Subsidiaries on the date immediately prior Closing Date and applicable to periods of time subsequent to the Adjustment Point, and any security deposits held by such parties on the Closing Date, together with interest thereon, if any, which, under the terms of the applicable Leases, is payable to the tenants thereunder, shall be paid or credited to Purchaser at the Closing.

Rents. a) All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants under the Leases and licensees under the Licenses collected Rents (collectively, “Rents”as hereinafter defined) shall be prorated between Seller and Buyer as of 12:01 AM on the Closing Date. Subject to Section 5.1(e) and 5.1(f) below, Seller shall be entitled to all collected Rents, including Pre-Closing Rents (as hereinafter defined) attributable to any period prior to, but not including, the Closing Date. Buyer shall be entitled to all collected Rents attributable to any period on and after the Closing Date. After Closing, Buyer shall make a good faith effort to collect any Rents not collected as of the Apportionment Time Closing Date on Seller’s behalf and to tender the same to Seller upon receipt (which obligation of Buyer shall survive the Closing and not be merged therein); provided, however, that all Rents collected by Buyer on or after the Closing Date shall be applied as defined below)specified or directed by the Current Occupant (hereinafter defined) making such payment, and if not specified or directed by the applicable Current Occupant making such payment, shall be first be applied to all amounts due under the Leases or Temporary Occupancy and Ancillary Agreements at the time of collection (i.e., current Rents and sums due Buyer as the current owner and landlord) with the balance (if any) payable to Seller, but only to the extent of amounts delinquent and actually collected by due Seller. Buyer shall not have an exclusive right to collect the sums due Seller or the Property Owners under the Leases, and Seller hereby retains all rights to pursue claims against any Current Occupants (hereinafter defined) under Leases or Temporary Occupancy and Ancillary Agreements and Former Occupants (hereinafter defined) under Defaulted Agreements (hereinafter defined), in each case for sums due with respect to periods prior to the Closing Date including, without limitation, (A) Rents (hereinafter defined) reflected on an updated accounts receivable report for Current Occupants of the Properties dated as of the Closings Date. All , (B) Rents received and other amounts that may be recovered by, or on behalf of a Property Owner from tenants Current Occupants or licensees Former Occupants in the litigation or pre-litigation collection matters referenced on Schedules 5.1(a)-1, 5.1(a)-2 and 5.1(a)-3 (collectively, the “Pending Rent Litigation”), and (C) any Rents and other sums that are attributable to a period prior to the Closing Date but may be due and payable before or after the Closing by Seller or Purchaser will first be applied Date pursuant to a written deferral agreement between the applicable Property Owner and a Current Occupant (such charges as are then due sums under (A), (B) and (C), collectively, the “Pre-Closing Rents”); provided, however, that Seller: (i) shall keep the Buyer reasonably informed of Seller’s collection efforts involving Current Occupants; (ii) except for the month Pending Rent Litigation, shall be required to notify Buyer in writing of its intention to commence or pursue such legal proceedings against Current Occupants; (iii) except for the Pending Rent Litigation, shall only be permitted to commence or pursue any legal proceedings against Current Occupants after the date which Closing occurs and prorated appropriately between the parties based on the Apportionment Time, and then applied to any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine is three (93) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants ; and licensees all Rents that are delinquent (iv) except for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such RentsPending Rent Litigation, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants or licensees to recover such delinquencies; provided, however, that Seller shall not be entitled permitted to dispossess such tenants commence or licensees, disturb their possession of their leased premises, seek pursue any involuntary bankruptcy of legal proceedings against any tenant seeking eviction of such tenant or licensee, or take any non-judicial action that is calculated to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licensesthe termination of the underlying Lease. As used herein, the term “Apportionment Time” shall mean 11:59 p.m. Pacific time on the date immediately prior to On the Closing Date., the Property Owners shall assign all or their respective right, title and interest in and to the Pre-Closing Rents (including the rights of the respective Property Owner in connection with the Pending Rent Litigation) to Seller or Seller’s designee pursuant to a written assignment in a form reasonably acceptable to both parties, which shall include a

Rents. All rents, percentage rents, common area charges, operating expenses, real estate taxes, parking charges and other costs or charges paid by tenants under the Leases and licensees under the Licenses 3.1. Subtenant shall pay to Sublandlord rent (collectively, “RentsBase Rent”) at the Sublease Base Rental Rate, payable in equal monthly installments in advance on the Rent Commencement Date and on the first day of each month thereafter, pro-rated for any partial month. Upon execution of this Sublease, Subtenant shall be prorated as make an advance payment of the Apportionment Time (as defined below), one month’s Base Rent to the extent actually collected by Seller prior to the Closing Date. All Rents received from tenants or licensees after Closing by Seller or Purchaser will first be applied to such charges as are then due the first full month’s Base Rent. For purposes of this Sublease, (a) the “Rent Commencement Date” is the day that is thirty (30) days after the last day of the Early Access Period, and (b) the “Early Access Period” is the period commencing on the Commencement Date and ending on the date that is the earliest to occur of (i) fourteen (14) days after the Commencement Date, (ii) the date upon which Subtenant commences the operating of its business within the Sublease Premises; and (iii) the date upon which Subtenant substantially completes its wiring/cabling work and other initial work in the Sublease Premises. 3.2. Commencing on January 1, 2017, Subtenant shall pay to Sublandlord additional rent equal to Subtenant's Proportionate Share of all amounts payable by Sublandlord attributable to increases in Tax Expenses above Tax Expenses for the month Sublease Real Estate Taxes Base Year. 3.3. Commencing on January 1, 2017, Subtenant shall pay to Sublandlord additional rent equal to Subtenant's Proportionate Share of all amounts payable by Sublandlord attributable to increases in which Closing occurs Operating Expenses above Operating Expenses for the Sublease Operating Expenses Base Year. 3.4. Subtenant's payments under Section 3.2 in respect of Tax Expenses and prorated appropriately between the parties based Section 3.3 in respect of Operating Expenses shall be due on the Apportionment Time, dates on which Sublandlord's payments under the corresponding provisions of the ▇▇▇▇▇▇▇▇▇ are due to Overlandlord and then applied to shall be pro-rated for any delinquencies in their reverse order of accrual until such delinquencies have been satisfied in full. For a period of nine (9) months after the Closing Date, Purchaser shall, at no out-of-pocket cost to it, cooperate with Seller’s efforts to collect from the tenants and licensees all Rents that are delinquent for the period prior to Closing. Purchaser shall remit to Seller any Rents received by Purchaser subsequent to Closing which are attributable to periods prior to Closing within ten (10) Business Days from Purchaser’s receipt of such Rents, less third party, out-of-pocket costs reasonably incurred by Purchaser in collecting such delinquent rent, together with appropriate supporting documentation. Seller shall remit to Purchaser any Rents received by Seller subsequent to Closing which are attributable to periods from and after Closing within ten (10) Business Days from Seller’s receipt of such Rents, together with appropriate supporting documentation. With respect to any Rents that are delinquent for the period prior to Closing, Seller shall have the right to pursue all rights and remedies against the applicable tenants partial month or licensees to recover such delinquenciesyear; provided, however, that Seller (except for subsequent continuing equal monthly payments) no such payment shall be due until ten (10) business 126547966 v6 days after Sublandlord shall have furnished Subtenant with notice thereof, together with a copy of the related ▇▇▇▇ and supporting documentation received by Sublandlord. 3.5. If Overlandlord shall issue to Sublandlord any credit or refund in respect of Tax Expenses or Operating Expenses relating to any period for which Subtenant is making corresponding payments under this Sublease, Sublandlord shall (a) provide Subtenant with a copy of the supporting documentation received by Sublandlord and (b) give to Subtenant a credit or refund equal to Subtenant's Proportionate Share of the portion of such credit or refund remaining after deducting therefrom: 3.5.1. the portion, if any, of such credit or refund resulting from any reduction in Tax Expenses to an amount less than the Tax Expenses for the Sublease Real Estate Taxes Base Year or any reduction in Operating Expenses to an amount less than the Operating Expenses for the Sublease Operating Expenses Base Year, and 3.5.2. any reasonable costs and expenses, including reasonable attorneys’ fees, incurred by Sublandlord in connection with obtaining such credit or refund, except to the extent such costs and expenses are reimbursed by Overlandlord to Sublandlord pursuant to the ▇▇▇▇▇▇▇▇▇. 3.6. If the amount of Tax Expenses for the Sublease Real Estate Taxes Base Year or the amount of Operating Expenses for the Sublease Operating Expenses Base Year shall be reduced (by reason of assessment reduction, audit, or otherwise), the reduced amount shall be used in computing Subtenant’s liability under Section 3.2 or 3.3, with respect to periods after such reduction and for recomputing Subtenant’s liability with respect to periods prior to such reduction. Subtenant shall pay Sublandlord any additional amounts due in respect of such prior periods within ten (10) business days of Sublandlord’s ▇▇▇▇ therefor which shall be accompanied by a copy of the supporting documentation received by Sublandlord. Any overpayment of Operating Expenses or Tax Expenses by Subtenant shall be credited by the Sublandlord to the account of the Subtenant. 3.7. At Subtenant’s expense, upon Subtenant’s written request, Sublandlord shall (if it has not already done so for the applicable period and if Sublandlord then still has the right under the ▇▇▇▇▇▇▇▇▇ to do so for the applicable period) conduct a review and/or audit of Overlandlord’s books and records as permitted by, and subject to the restrictions of, Section 5.3 of the Original ▇▇▇▇▇▇▇▇▇. Notwithstanding the foregoing, Subtenant shall not have such right if Subtenant is then in default under this Sublease, and Sublandlord may require a deposit to cover its costs of conducting a review and/or audit as a condition to commencing any such review and/or audit. 3.8. Subtenant shall, within fifteen (15) days of written demand, pay or reimburse Sublandlord for all amounts payable under the ▇▇▇▇▇▇▇▇▇ arising out of Subtenant’s requests for services, including (a) supplemental chilled or condenser water, (b) above building standard or overtime HVAC, (c) extra cleaning, (d) overtime or dedicated freight elevator service, and (e) any maintenance, repair or other service for which a separate charge is made by Overlandlord. 126547966 v6 3.9. As used herein the term "additional rent" shall refer to all sums of money which shall become due and payable by Subtenant to Sublandlord hereunder, other than Base Rent, and the term "rents" shall refer to Base Rent and additional rent. All rents shall be payable in lawful money of the United States at such place and to such person as Sublandlord shall from time to time designate. 3.10. Subtenant shall promptly pay all rents as and when the same shall become due and payable without set‑off, offset or deduction of any kind whatsoever and, if Subtenant fails to pay any additional rent when due (subject to any notice and cure periods contained in the Incorporated Provisions, as the same may be limited by Section 5.6 hereof), Sublandlord shall have all of the rights and remedies provided for herein or at law or in equity as in the case of non‑payment of Base Rent. 3.11. Sublandlord's failure to deliver any statements or bills required to be delivered to Subtenant hereunder, or Sublandlord's failure to make a demand under this Sublease, shall not be entitled to dispossess such tenants or licensees, disturb their possession of their leased premises, seek any involuntary bankruptcy of any tenant or licenseea waiver of, or take cause Sublandlord to forfeit or surrender, its rights to collect any non-judicial action that is calculated rents which may have become due pursuant to materially interfere with such tenants’ or licensee’s ability to operate their businesses and satisfy their obligations under their Leases or Licensesthis Sublease. As used herein, Subtenant's liability for rents accruing during the term “Apportionment Time” of this Sublease, and Sublandlord's obligation to refund overpayments of or adjustments to rents paid to it by Subtenant, shall mean 11:59 p.m. Pacific time on survive the date immediately prior to the Closing Dateexpiration or sooner termination of this Sublease.