Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 67

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 67
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the terms of this Agreement, and shall have no liability to the Borrower, any Lender or any other person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or
expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service. The Agent will, in keeping with industry
practice, continue using its current rounding practices in connection with the Base Rate, Daily Simple SOFR, Adjusted Daily Simple SOFR, the Term SOFR Reference Rate, Adjusted Term SOFR or Term SOFR. In connection with the use or administration of
Daily Simple SOFR and Term SOFR, the Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will
become effective without any further action or consent of any other party to this Agreement or any other Loan Document. The Agent will promptly notify the Borrower and the Lenders of the effectiveness of any Conforming Changes in connection with the
use or administration of Daily Simple SOFR and Term SOFR.

§11. THE CREDIT FACILITY.

§2.1 Loans.

§11.1(a)Revolving Credit Loans. Subject to the terms and conditions set forth in this Agreement, each of the Revolving Credit Lenders severally agrees to lend to the Borrower, and the Borrower may borrow (and repay and reborrow) from time to time between the Closing Date and the Revolving Credit Maturity Date upon notice by the Borrower to the Agent given in accordance with §2.8, revolving loans in such amounts as are requested by the Borrower for the purposes set forth in §2.10 up to a maximum aggregate principal amount outstanding such that (after giving effect to all amounts requested) (i) such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate Revolving Credit Exposure shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment, (ii) the aggregate Revolving Credit Exposure shall not exceed the Total Revolving Credit Commitment or the Borrowing Base Availabilityminusthe Outstanding Term Loans, and (iii) the Total Loan Exposure shall not exceed the Total Commitment or the Borrowing Base Availability; provided, that, in all events no Default or Event of Default shall