Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 75

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 75
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 SOFR Loan at the rate per annum equal to the sum of the Base Rate plus the Applicable Margin forthe applicable Class ofBase Rate Loans.

(b) Each Loan of each Classthat is a Daily Simple SOFR Loan shall bear interest for the period commencing with the Drawdown Date thereof and ending on the date on which such Daily Simple SOFR Loan is repaid or converted to a Term SOFR Loan or a Base Rate Loan, at the rate per annum equal to the sum of Adjusted Daily Simple SOFR plus the Applicable Margin forthe applicable Class ofDaily Simple SOFR Loans.

(c) Each Loan of each Classthat is a Term SOFR Loan shall bear interest for the period commencing with the Drawdown Date thereof and ending on the last day of each Interest Period with respect thereto, at the rate per annum equal to the sum of Adjusted Term SOFR determined for such Interest Period plus the Applicable Margin forthe applicable Class ofTerm SOFR Loans.

(d) The Borrower promises to pay interest on
each Loan in arrears on each Interest Payment Date with respect thereto.

(e) Base Rate Loans and SOFR
Loans may be converted to Loans of the same Class of theother Type as provided in §4.1.

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(f) The parties understand that, prior to the Investment
Grade Pricing Date, the applicable interest rate for the Loans and certain fees set forth herein may be determined and/or adjusted from time to time based upon certain financial ratios and/or other information to be provided or certified to the
Lenders by Borrower (the “Borrower Information”). If it is subsequently determined that any such Borrower Information was incorrect (for whatever reason, including without limitation because of a subsequent restatement of earnings by the
Borrower) at the time it was delivered to the Agent, and if the applicable interest rate or fees calculated for any period were different than they should have been had the correct information been timely provided, then, such interest rate and such
fees for such period shall be automatically recalculated using correct Borrower Information. The Agent shall promptly notify Borrower in writing of any additional interest and fees due because of such recalculation, and the Borrower shall pay such
additional interest or fees due to the Agent, for the account of each Lender, within five (5) Business Days of receipt of such written notice. Borrower shall receive a credit or refund of any overpayment promptly after such determination. Any
rec