Company: CIO
Filing Date: 2025-07-24
Form Type: DEFA14A
Source: 0001193125-25-163769
Chunk: 143

Company: City Office REIT, Inc.
Filing Date: 2025-07-24
Form: DEFA14A
Chunk 143
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 and notwithstanding anything to the contrary in this Agreement, Seller will be solely responsible (at Seller’s sole cost and expense) for satisfying any mechanic’s liens arising out of the Tenant Improvement Work and
Capital Improvement Work that are filed post-Closing for such work that was completed prior to the Closing and for which Seller was obligated pursuant to to pay and failed to pay in full the entire contract sum
prior to Closing or provide Buyer with a credit at Closing for the full amount of the outstanding unpaid contract sum); (b) Seller represents and warrants to Buyer that Exhibit T attached hereto sets forth, as of the Effective Date, a
full and complete description, in all material respects, of the Tenant Improvement Work and Capital Improvement Work, including a description of the Tenant Improvement Work and Capital Improvement Work, location and tenant, contract amounts, payment
status (paid-to-date vs. outstanding), and completion status (and to the extent ExhibitT indicates “TBD” or
similar language, then Exhibit T will be updated prior to the Closing to complete such missing information); (c) Seller will reasonably cooperate with Buyer to obtain partial lien waivers and final lien waivers (as and to the extent
applicable) from all contractors prior to the Closing Date; (d) to Seller’s knowledge as of the Effective Date, Seller represents and warrants to Buyer that no contractor, subcontractor, or supplier has made a lien claim or threatened to
make a lien claim against Seller in connection with any Tenant Improvement Work or Capital Improvement Work performed on the Property; and (e) Seller represents and warrants to Buyer that, as of the Effective Date, (i) the outstanding
Tenant Improvement Work costs for Leases that have been entered into as of the Effective Date and identified on Exhibit K are equal to 100% of the costs of the Tenant Improvement Work described on Exhibit T, except to the
extent Exhibit K indicates “TBD” or similar language after Exhibit K is updated as required above. For the avoidance of doubt, Seller shall have no obligation hereunder to credit to Buyer at Closing or
indemnify, defend, or hold Buyer harmless with respect to any portion of the costs or expenses for Tenant Improvement Work that a Tenant is obligated under its Lease to pay for or reimburse to the landlord thereunder (except for any such reimbursed
amounts actually received by Seller prior to Closing, which shall be credited to Buyer at Closing). The foregoing indemnities will survive the Closing for the duration of the Survival Period and will otherwise be subject to