Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 94

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 94
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 the principal of any Outstanding Swing Loans

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until paid in full, second, in the absence of instruction by the Borrower with respect to prepayments under §3.3 only, to the principal of the Revolving Credit Loans (and with respect to
each category of Revolving Credit Loans, first to the principal of Base Rate Loans, then to the principal of Daily Simple SOFR Loans, and then to the principal of Term SOFR Loans) until paid in full, thirdand, last, to be held as cash collateral for the Letter of Credit Liabilities, and, last, to the Term Loans in accordance with the provisions hereof (as amended by any the applicable Term Loan Amendment).

§12.5 Effect of Prepayments. Amounts of the Revolving Credit Loans prepaid under §3.2 and §3.3 prior to
the Revolving Credit Maturity Date may be reborrowed as provided in §2. Amounts of any Term Loans prepaid under §3.2 and §3.3 may not be reborrowed.

§13. CERTAIN GENERAL PROVISIONS.

§13.1 Conversion and Continuation Options.

(a) The Borrower may elect from time to time to convert any of its outstanding Loans (other than a Swing Loan)
to a Loan of the same Class but ofanother Type and such Loans shall thereafter bear interest as a Base Rate Loan, a Daily Simple SOFR Loan or a Term SOFR Loan, as applicable; providedthat (i) with respect to any such conversion of a Term SOFR Loan to a Base Rate Loan or a Daily Simple SOFR Loan, the Borrower shall give the Agent at least one (1) Business Day’s prior written notice of such election, and such conversion shall only be made on the last day of the Interest Period with respect to such Term SOFR Loan unless the Borrower pays Breakage Costs as required under this Agreement; (ii) with respect to any such conversion of a Base Rate Loan or a Daily Simple SOFR Loan to a Term SOFR Loan or any continuation of a Term SOFR Loan, the Borrower shall give the Agent at least three (3) Business Days’ prior written notice of such election and the Interest Period requested for such Loan, the principal amount of the Loan so converted shall be in a minimum aggregate amount of $100,000 and, after giving effect to the making of such Loan, there shall be no more than six (6) Term SOFR Loans outstanding at any one time; (iii