Company: CIO
Filing Date: 2025-07-24
Form Type: DEFA14A
Source: 0001193125-25-163769
Chunk: 153

Company: City Office REIT, Inc.
Filing Date: 2025-07-24
Form: DEFA14A
Chunk 153
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 days after the Opening of Escrow, Seller shall order a Certified Title Status Report certified by and from the LTRO relating to the Pima Real Property (“Certified TSR”). Upon receipt of the Certified TSR, Seller shall deliver to Title Company and Buyer a copy thereof.

4.3 :

4.3.1
. On or before the Closing, (i) Title Company shall have irrevocably and unconditionally (subject to Buyer’s performance of any requirements in the Title Commitment applicable to Buyer) committed to issue
to Buyer the Title Policy described in and (ii) Buyer shall have received a Certified TSR having an effective date no earlier than ninety (90) days prior to the Closing.

4.3.2 . On or before the date which is three (3) business days prior to the Closing Date (the
“Estoppel Delivery Date”), Seller shall have delivered to Buyer an Estoppel Certificate in the form of ExhibitE-1 attached hereto (or in the
form and/or substance a tenant is required to deliver under its Lease if the Lease specifies a specific form and/or substance of estoppel certificate) (the “Estoppel Certificate”) from tenants leasing no less than the Estoppel
Certificate Percentage, and dated no older than sixty (60) days prior to the Closing (the “Estoppel Delivery Condition”). In the event Seller is unable to obtain Estoppel Certificates sufficient to satisfy the Estoppel Delivery
Condition by the Estoppel Delivery Date, Buyer may elect to (i) subject to Seller’s right to

(xv)

postpone the Estoppel Delivery Date, below, terminate the Agreement and Escrow pursuant to , below, or (ii) waive such condition and proceed to the Closing. To the extent that an Estoppel Certificate executed by a tenant is a “Non-Complying Tenant Estoppel Certificate” (as defined in the following sentence), Buyer shall
have two (2) business days after receipt of such Non-Complying Estoppel Certificate to approve or disapprove the applicable Estoppel Certificate so received (and the failure to timely do so shall constitute approval thereof). A
“Non-Complying Tenant Estoppel Certificate” means an Estoppel Certificate which (a) discloses material adverse economic terms of the applicable Lease that were not disclosed to Buyer (either in the applicable Lease, this Agreement,
any Due Diligence Items, or such Estoppel Certificate) prior to the expiration of the Property Approval Period, (b) alleges a material default of Seller (as