Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 105

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 105
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 Borrower thereupon (a) the commitment of the Lenders to make SOFR Loans shall forthwith be suspended and (b) the SOFR Loans then outstanding shall be converted automatically to Base Rate Loans on the last
day of each Interest Period applicable to such SOFR Loans or within such earlier period as may be required by law. Notwithstanding the foregoing, upon request by the Borrowers, the Lender shall use commercially reasonable efforts to designate a
different lending office if such designation will void the need for giving such notice and will not, in the reasonable judgment of Lender, subject such Lender to any unreimbursed cost or expense or be otherwise disadvantageous to Lender or increase
any costs payable by Borrower hereunder.

§13.8 Additional Interest. If any Term SOFR Loan or any portion
thereof is repaid or is converted to a Base Rate Loan for any reason on a date which is prior to the last day of the Interest Period applicable to such Term SOFR Loan, or if repayment of the Loans has been accelerated as provided in §12.1, or
if the Borrower fails to draw down on the first day of the applicable Interest Period any amount as to which the Borrower has elected a Term SOFR Loan, the Borrower will pay to the Agent upon demand for the account of the applicable Lenders in
accordance with their respective Commitment Percentages (or to the Swing Loan Lender with respect to a Swing Loan), in addition to any amounts of interest otherwise payable hereunder, the Breakage Costs. Borrower understand, agree and acknowledge
the following: (i) no Lender has any obligation to purchase, sell and/or match funds in connection with the use of SOFR as a basis for calculating the rate of interest on a Term SOFR Loan; (ii) SOFR is used merely as a reference in
determining such rate; and (iii) Borrower has accepted SOFR as a reasonable and fair basis for calculating such rate and any Breakage Costs. Borrower further agrees to pay the Breakage Costs, if any, whether or not a Lender elects to purchase,
sell and/or match funds.

§13.9 Additional Costs, Etc. Notwithstanding anything herein to the contrary, if any
Change in Law, shall:

(a) subject any Lender or the Agent to any Taxes or withholding of any nature with
respect to this Agreement, the other Loan Documents, such Lender’s Commitment, a Letter