Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 61

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 61
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9.6, §9.8, and §9.9.

Title Policy. With respect to each Pool Property, an ALTA standard form owner’s title insurance policy in an amountas the Agent may reasonably requirebased upon the fair market value of the applicable Pool Property insuring that Borrower or the Subsidiary Guarantor holds marketable fee simple title or a valid and subsisting leasehold interest to such parcel, subject only to the encumbrances acceptable to Agent in its sole and absolute discretion and which shall not contain standard exceptions for mechanics liens, persons in occupancy (other than tenants as tenants only under Leases and liens for taxes not yet due and payable) or matters which would be shown by a survey, shall not insure over any matter except to the extent that any such affirmative insurance is acceptable to the Agent in its sole and absolute discretion, and shall contain, if available in the State in which such Real Estate is located, (a) a mezzanine endorsement and (b) such other endorsements and affirmative insurance as the Agent may reasonably require.

.
The Arranger the Syndication Agent, and any co-syndication agents or documentation agent.

. The
sum of (without duplication) (a) the aggregate Value of all of Borrower’s, REIT Guarantor’s and their Subsidiaries’ Real Estate, plus (b) the Value of their mortgage loan investments of the REIT Guarantor and its
Subsidiaries, plus (c) the amount of any Unrestricted Cash and Cash Equivalents of the REIT Guarantor and its Subsidiaries, excluding tenant security and other restricted deposits, plus (d) the amount of any restricted cash that is being
reserved and earmarked to pay the cost of tenant improvements, leasing commissions, and capital improvements for the Real Estate of the REIT Guarantor and its Subsidiaries. For any non-Wholly Owned Subsidiary, Total Asset Value shall be adjusted for
Borrower’s, REIT Guarantor’s and their Subsidiaries’ pro rata ownership percentage.

. The sum of the Commitments of the Lenders. As of the date of this Agreement and the consummation of the first phase of the Phoenix Transaction, the Total Commitment isThreeTwoHundredSeventy-FiveFifteen Million and No/100 Dollars ($375,000,000.00215,000,000.00). The Total Commitmentmay increaseshall thereafter be