Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 118

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 118
---
Closing Date hereof, and as of the date of a request for a funding of any Loan hereunder:

§15.1 Corporate Authority,
Etc.

(a) . Borrower is a Maryland limited partnership duly organized
pursuant to its certificate of limited partnership filed with the Maryland Secretary of State, and is validly existing and in good standing under the laws of Maryland. Borrower (i) has all requisite power to own its property and conduct its
business as now conducted and as presently contemplated, and (ii) is in good standing and is duly authorized to do business in each other jurisdiction where a failure to be so qualified in such other jurisdiction could have a Material Adverse
Effect.

(b) . Each of the other Transaction Parties (i) is a corporation,
limited partnership, general partnership, limited liability company or trust duly organized under the laws of its State of organization and is validly existing and in good standing under the laws thereof, (ii) has all requisite power to own its
property and conduct its business as now conducted and as presently contemplated and (iii) is in good standing and is duly authorized to do business in each jurisdiction where a Pool Property owned or leased by it is located to the extent
required to do so under applicable law and in each other jurisdiction where a failure to be so qualified could have a Material Adverse Effect.

67

(c) . Except where a failure to
satisfy such representation would not have a Material Adverse Effect, each of the Subsidiaries of the Borrower (other than the Pool Property Owners) (i) is a corporation, limited partnership, general partnership, limited liability company or
trust duly organized under the laws of its State of organization and is validly existing and in good standing under the laws thereof, (ii) has all requisite power to own its property and conduct its business as now conducted and as presently
contemplated and (iii) is in good standing and is duly authorized to do business in each jurisdiction where Real Estate owned or leased by it is located.

(d) . The execution, delivery and performance of this Agreement and the other Loan
Documents to which any Credit Party is a party and the transactions contemplated hereby and thereby (i) are within the authority of the Credit Parties, (ii) have been duly authorized by all necessary actions on the part of the Credit
Parties, (iii) do not and will not conflict with or result in any breach or contravention of any provision of law, statute, rule or