Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 191

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 191
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 this Agreement or in a notice of payment, prepayment or repayment sent by the Agent (or any of its
Affiliates) with respect to such payment, prepayment or repayment, (y) that was not preceded or accompanied by a notice of payment, prepayment or repayment sent by the Agent (or any of its Affiliates), or (z) that such Lender or other such
Payment Recipient, otherwise becomes aware was transmitted, or received, in error or by mistake (in whole or in part), then in each such case:

(i) it acknowledges and agrees that (A) in the case of immediately preceding clauses (x) or (y), an
error and mistake shall be presumed to have been made (absent written confirmation from the Agent to the contrary) or (B) an error and mistake has been made (in the case of immediately preceding clause (z)), in each case, with respect to such
payment, prepayment or repayment; and

(ii) such Lender shall (and shall cause any other Person that
receives funds on its respective behalf to) promptly (and, in all events, within one (1) Business Day of its knowledge of the occurrence of any of the circumstances described in immediately preceding clauses (x), (y) and (z)) notify the
Agent of its receipt of such payment, prepayment or repayment, the details thereof (in reasonable detail) and that it is so notifying the Agent pursuant to this §14.18(b).

110

For the avoidance of doubt, the failure to deliver a notice to the Agent
pursuant to this §14.18(b) shall not have any effect on a Payment Recipient’s obligations pursuant to §14.18(a) or on whether or not an Erroneous Payment has been made

(c) Each Lender hereby authorizes the Agent to set off, net and apply any and all amounts at any time owing to
such Lender under any Loan Document, or otherwise payable or distributable by the Agent to such Lender under any Loan Document with respect to any payment of principal, interest, fees or other amounts, against any amount that the Agent has demanded
to be returned under immediately preceding §14.18(a).

(d) (i) In the event that an Erroneous Payment
(or portion thereof) is not recovered by the Agent for any reason, after demand therefor by the Agent in accordance with immediately preceding §14.18(a), from any Lender that has received