Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 69

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 69
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 Date,
calculated at the Unused Fee Rate on the actual daily amount by which the Total Revolving Credit Commitment exceeds the outstanding principal amount of Revolving Credit Exposure during each calendar quarter or portion thereof commencing on the
Closing Date and ending on the Revolving Credit Maturity Date, in all cases subject to §14.16(a)(iii). The facility unused fee shall be calculated by Agent for each quarter based on the ratio (expressed as a percentage) of (a) the actual
daily amount of the outstanding principal amount of the Revolving Credit Exposure during such quarter to (b) the Total Revolving Credit Commitment. The facility unused fee shall be payable quarterly in arrears on the fifth (5) day of each calendar quarter for the immediately preceding calendar quarter or portion thereof, and on any earlier date on which the Revolving Credit Commitments shall be reduced or shall
terminate as provided in §2.5, with a final payment on the Revolving Credit Maturity Date.

(b) From
and after the Investment Grade Pricing Date, the Borrower agrees to pay to the Agent for the account of the Revolving Credit Lenders (other than any Defaulting Lender) in accordance with their respective Revolving Credit Commitment Percentages a
facility fee (the “Facility Fee”) which shall accrue at the per annum rate referenced in the grid set forth in clause (b) of the definition of Applicable Margin, times the Total Revolving Credit Commitment. Such fee shall be payable
quarterly in arrears on the fifth (5th) day of each calendar quarter for the immediately preceding calendar quarter or portion thereof, and on any earlier date on which the Revolving Credit Commitments shall be reduced or shall terminate as
provided in §2.5, with a final payment on the Revolving Credit Maturity Date.

(c) The Borrower
acknowledges that the fees payable hereunder are bona fide commitment fees and are intended as reasonable compensation to the Revolving Lenders for committing to make funds available to the Borrower as described herein and for no other purposes.

§11.5 Reduction and Termination of the Revolving Credit Commitments. The Borrower shall have the right
at any time and from time to time upon five (5) Business Days’ prior written notice to the

40

Agent to reduce by $25,000,00010,000,000or an integral multiple of $25,000,00010,000,000 in excess thereof