Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 33

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 33
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 prior to the execution of this Agreement, as an Eligible Ground Lease.

. Real Estate:

(a) which is 100% owned in fee (or leased under an Eligible Ground Lease acceptable to the Agent in its sole
discretion), with such easements, rights-of-way, and other similar appurtenances required for the operation of the fee or leasehold property, by Borrower or a Wholly Owned Subsidiary of Borrower; provided, that, subject to satisfaction of all other
requirements for Eligible Real Estate under this Agreement, the Park Tower Property shall be deemed to satisfy the requirements under this clause (a) so

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long as the Borrower, directly or indirectly, continues to own no less than 95% of such Real Estate and to have control over all major decisions related to such Real Estate;

(b) which is an existing income producing office or life sciences property located within the fifty
(50) States of the continental United States or the District of Columbia;

(c) which is not subject to
any mortgage, negative pledge, or other Lien other than Permitted Encumbrances and as to which all of the representations set forth in §6 of this Agreement concerning Pool Property are true and correct in all material respects;

(d) which consists of one or more separate tax parcels;

(e) which satisfies the Occupancy Requirement on the date it becomes a Pool Property;

(f) for which the weighted-average minimum lease term is five (5) years or greater as calculated on
the date of inclusion of such Eligible Real Estate as a Pool Property, unless otherwise approved by the Agent;

(g) which has been approved (which approval shall not be unreasonably withheld) as a Pool Property by
(i) if the Value of such Pool Property is $50,000,000 or less and there will be no less than seven (7) Pool Properties after giving effect to the inclusion of such Pool Property, the Agent, and (ii) otherwise, the Agent and the
Majority Lenders;

(h) which otherwise meets all customary standards for commercial real estate lending, as
determined by the Agent in its reasonable discretion; and

(i) as to which the Agent has received and
approved all Eligible Real Estate Qualification Documents, or will receive and approve them prior to inclusion of such Real Estate as a Pool Property.

. Means, with respect to any Potential Pool Property, the following:

(i) a physical description of the Potential Pool Property;

(ii) operating statements