Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 130

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 130
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 otherwise disclosed to Agent in writing, there are no pending, or to the knowledge of Borrower or Subsidiary Guarantors threatened or
contemplated, eminent domain proceedings against any of the Pool Properties. Except as otherwise disclosed to Agent in writing, none of the Pool Properties is now damaged as a result of any fire, explosion, accident, flood or other casualty. Each
Pool Property is insured in accordance with the provisions of §7.7 and, except as otherwise disclosed to Agent in writing, none of the Transaction Parties has received any outstanding notice from any insurer or its agent requiring performance
of any work with respect to any of the Pool Properties or canceling or threatening to cancel any policy of insurance, and each of the Pool Properties complies with the material requirements of all of the Borrower’s and Pool Property
Owners’ insurance carriers, except where any of the foregoing would not reasonably be expected to have a Material Adverse Effect. Except as otherwise disclosed to Agent, the Transaction Parties have no Management Agreements for any of the Pool
Properties. To the best knowledge of the Borrower and the Subsidiary Guarantors, there are no materials claims or any bases for material claims in respect of any Pool Property or its operation by any party to any service agreement or Management
Agreement, that would have a Material Adverse Effect. No person or entity has any right or option to acquire any Pool Property or any Building thereon or any portion thereof or interest therein, except for certain tenants pursuant to the terms of
their Leases with the Pool Property Owners.

§15.24 Ground Lease.

(a) Each Eligible Ground Lease contains the entire agreement of the applicable Transaction Party
and the applicable owner of the fee interest in such real property (the “”), pertaining to the Real Estate covered thereby. With respect to Real Estate subject to a Eligible Ground Lease, the applicable Transaction Party
has no estate, right, title or interest in or to the Real Estate except under and pursuant to the Eligible Ground Lease or except as may be otherwise approved in writing by Agent. The applicable Credit Party has delivered a true and correct copy of
the Eligible Ground Lease to the Agent and the Eligible Ground Lease has not been modified, amended or assigned, with the exception of written instruments that have been recorded in the applicable Real Estate records for such Real Estate.

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(b) The applicable Fee Owner is the exclusive
fee simple owner of the Real Estate and of the lessor’s interest in the Eligible