Company: CIO
Filing Date: 2025-07-24
Form Type: DEFA14A
Source: 0001193125-25-163769
Chunk: 140

Company: City Office REIT, Inc.
Filing Date: 2025-07-24
Form: DEFA14A
Chunk 140
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, however, that the parties hereto and Escrow Holder
acknowledge and agree that in the event of a conflict between any provision of such standard terms and provisions supplied by the Escrow Holder and the Escrow Instructions, the Escrow Instructions shall prevail.

3.2 . For purposes of this Agreement, the “Close of Escrow” or the “Closing”
shall mean the date on which the “Deed”, Pima Assignment, and Block 23 Assignment (each as defined in , below) are recorded in the Official Records of the County where the Land is located (the
“Official Records”), or if the Closing occurs with Seller’s consent prior to date on which the Deed, Pima Assignment, and Block 23 Assignment are recorded as a part of a “gap” closing, the date on which such gap
Closing occurs. The Close of Escrow shall occur on the Closing Date, subject to

(viii)

extension of the Closing as provided in the other provisions of this Agreement. Buyer’s and Seller’s failure to perform their respective obligations hereunder required to be performed
at the Closing, including, without limitation, the timely delivery by Buyer of the balance of the Purchase Price, shall constitute a material and immediate default under this Agreement. Notwithstanding anything to the contrary in this Agreement:

3.2.1 At any time from and after the date that is twenty (20) days after the Effective Date, Buyer may deliver written notice to
Seller requesting that Seller submit any required prepayment notice to its lender(s) in connection with a potential acceleration of the Closing Date (a “Lender Notice Request”). Within five (5) days after receipt of such Lender
Notice Request, Seller shall submit such prepayment notice to its lender(s).

3.2.2 If Buyer delivers a Lender Notice Request in
accordance with , then, unless otherwise postponed by Buyer pursuant to below or as otherwise provided in this Agreement, the Closing Date shall be deemed to be the date
that is the later to occur of: (i) thirty-five (35) days after the date on which Buyer delivers a Lender Notice Request; or (ii) ten (10) days after the expiration of the Property Approval Period (such date, the “Initial Accelerated Closing Date”).

3.2.3 Buyer shall have the one-time right, exercisable by
delivering written notice to Seller at any time prior to the date that is five (5) business days prior to the Initial Accelerated Closing