Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 87

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 87
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 or desirable by the Agent and the Lender, be effected pursuant to one or more Term Loan Amendmentsexecuted and delivered by theBorrower, the Term Lenders, as applicable, and the Agent. All Term Loan Commitments and Term Loans shall (A) mature on the Term Loan Maturity Date (including any extensions thereof) with respect thereto, (B) bear interest at such rates as are agreed upon by the Borrower and the Term Lenders providing such additional Term Loans, (C) not require scheduled amortization prior to the Term Loan Maturity Date but may permit voluntary prepayment (subject to sub-

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clause (D) hereof), and (D) not rank higher than pari passu in right of payment and with respect to security with all Revolving Credit Loans and any other existing Term Loans or have different borrower or guarantors as the Borrower and Guarantors with respect to all other Obligations. Each Term Loan Amendment may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as are consistent with this §2.12 and may be necessary or appropriate, in the opinion of the Agent, to effect the provisions of this §2.12 with respect thereto. On any Commitment Increase Date on which any Term Loan Commitments are effected, subject to the satisfaction of the foregoing terms and conditions, (i) each applicable Term Lender shall make a Loan to the Borrower (a “Term Loan”)in an amount equal toits Term Loan Commitment as of such date, and (ii) each Term Lender shall become a Lender hereunder with respect to the Term Loan Commitment and the Term Loans made pursuant thereto.

(c) On any Commitment Increase Date which results in an increase in the Revolving Credit Commitments, theoutstanding principal balance of theRevolving Credit Loans shall be reallocated among the Revolving Credit Lenders such that after the applicable Commitment Increase Date the outstanding principal amount of Revolving Credit Loans owed to each Revolving Credit Lender shall be equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage (as in effect after the applicable Commitment Increase Date) of the outstanding principal amount of all Revolving Credit Loans. The participation interests of the Revolving Credit Lenders in Swing Loans and Letters of Credit shall be similarly adjusted. On any Commitment Increase Date those Revolving Credit Lenders whose Revolving Credit Commitment Percentage is increasing shall advance the funds