Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 27

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 27
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 conversion or continuation notices, the applicability and length of lookback periods, the applicability of any “breakage” provisions and other technical, administrative or operational
matters) that the Agent decides may be appropriate to reflect the adoption and implementation of any such rate or to permit the use and administration thereof by the Agent in a manner substantially consistent with market practice (or, if the Agent
decides that adoption of any portion of such market practice is not administratively feasible or if the Agent determines that no market practice for the administration of any such rate exists, in such other manner of administration as the Agent
decides is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents).

. Other Connection Taxes that are imposed on or measured by net income (however denominated) or
that are franchise Taxes or branch profits Taxes.

. With reference to any term defined herein, that
term as applied to the accounts of a Person and its Subsidiaries, determined on a consolidated basis in accordance with GAAP.

. As of any date of calculation, the ratio expressed as percentage of the REIT
Guarantor’s Consolidated Indebtedness to Total Asset Value.

. A notice given
by the Borrower to the Agent of its election to convert or continue a Loan in accordance with §4.1.

. For a given period, the
REIT’sREIT Guarantor’snet income (or loss) after any Preferred Dividends computed in accordance with GAAP (unless otherwise indicated herein) determined on a consolidated basis for such period, excluding gains or losses from extraordinary items (including from debt restructuring, mark-to-market adjustments on interest rate swaps, and sales of property), impairment and other non-cash charges and related expenses, plus real estate depreciation and amortization (other than amortization of deferred financing costs). Core Funds from Operations will be adjusted for (i) unconsolidated entities to reflect funds from operations on the same basis, (ii) the impact of straight-lining of rents, and (iii) the amortization of intangibles associated with the amortization of above or below market rents, pursuant to ASC 805 (formerly FASB 141) and calculation of interest expense in accordance with FBS APB 14-1.

. Individually and collectively, the Borrower, the REIT Guarantor, and each Subsidiary
Guarantor.

Crossroads Property. That certain Real Estate known as DTC Crossroads, located at