Company: CIO
Filing Date: 2025-07-24
Form Type: DEFA14A
Source: 0001193125-25-163769
Chunk: 155

Company: City Office REIT, Inc.
Filing Date: 2025-07-24
Form: DEFA14A
Chunk 155
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) business days following the postponed Estoppel Delivery Date. Notwithstanding the foregoing, Buyer
will have the right to cancel such postponement of the Estoppel Delivery Date and Closing Date by delivering written notice to Seller and Escrow Holder waiving the Estoppel Delivery Condition.

4.3.3 . Seller shall have duly performed in all material respects each and every covenant of Seller
hereunder.

4.3.4 . On the Closing Date, all representations and warranties made by
Seller in Section 11 shall be true and correct in all material respects as if made on and as of the Closing Date except for (i) any inaccuracies therein known by Buyer prior to the Contingency Date as set forth in
below, and (ii) any changes in circumstances expressly permitted by this Agreement.

(xvi)

4.3.5 . On or before the Closing, Pima Seller
shall have obtained and delivered to Escrow Holder all Pima Ground Lease Assignment Approvals. As used herein, the term “Pima Ground Lease Assignment Approvals” means all required approvals from the Master Lessor, Community, and the
Secretary for (i) the assignment of the Pima Ground Sublease to the Buyer and the duly executed and acknowledged original signature of each such party on the Pima Assignment, and (ii) an estoppel certificate relating to the Substitute
Business Lease and Pima Ground Sublease in the form attached hereto as ExhibitN (the “Pima Estoppel”), and the duly executed and acknowledged original signature of each such party and
the landlords under the Pima Ground Sublease on such estoppel. As used herein, (a) “Substitute Business Lease” means, collectively, (i) that certain Substitute Business Lease B-040-XIII dated February 15, 2005 (the “Parcel 13 SBL”) between certain allotted landowners of land within the sovereign and jurisdictional boundaries of the Community, as lessor
(“Master Lessor”), and MS-PFA 13, LLC, a Delaware limited liability company (“Parcel 13 Ground Lessee”), as lessee; and (ii) that certain Substitute Business Lease B-040-XV dated February 15, 2005 (“Parcel 15 SBL”) between Master Lessorand MS-PFA 15, LLC, a Delaware
limited liability company (“Parcel 15 Ground Lessee”), as lessee; (b) “Pima Ground Sublease” means, collectively, (i) that certain Ground Sublease