Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 215

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 215
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liability in connection with the exercise of the Write-Down and Conversion Powers of the applicable Resolution Authority.

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§44. JOINT AND SEVERAL LIABILITY. Each of the Credit Parties covenants and agrees
that it is obligated to repay the Obligations and Hedge Obligations (provided that the Hedge Obligations shall not include any Excluded Swap Obligations) as joint and several obligors under this Agreement and each applicable Derivatives Contract and
that each and every covenant and obligation of any Credit Party hereunder and under the other Loan Documents shall be the joint and several obligations of each Credit Party.

§45. ADDITIONAL AGREEMENTS CONCERNING OBLIGATIONS OF THE CREDIT PARTIES.

§45.1 Attorney-in-Fact. For the purpose of implementing the joint borrower provisions of the Loan Documents,
the Credit Parties hereby irrevocably appoint Borrower as their agent and attorney-in-fact for all purposes of the Loan Documents, including the giving and receiving of notices and other communications.

§45.2 Accommodation. It is understood and agreed that the handling of this credit facility on a joint
borrowing basis as set forth in this Agreement is solely as an accommodation to the Borrower and at its request. Accordingly, the Agent and the Lenders are entitled to rely, and shall be exonerated from any liability for relying upon, any Loan
Request or any other request or communication made by a purported officer of Borrower without the need for any consent or other authorization of any other Borrower and upon any information or certificate provided on behalf of Borrower by a purported
officer of such Borrower, and any such request or other action shall be fully binding on Borrower as if made by it.

§45.3 Waiver of Automatic or Supplemental Stay. Each of the Credit Parties represents, warrants and
covenants to the Lenders and Agent that in the event of the filing of any voluntary or involuntary petition in bankruptcy by or against the other of the Credit Parties at any time following the execution and delivery of this Agreement, none of the
Credit Parties shall seek a supplemental stay or any other relief, whether injunctive or otherwise, pursuant to Section 105 of the Bankruptcy Code or any other provision of the Bankruptcy Code, to stay, interdict, condition, reduce or inhibit
the ability of the Lenders or Agent to enforce any rights it has by virtue of this Agreement, the Loan Documents, or at law or in