Common use of SUMMARY AND DEFINITION OF BASIC TERMS Clause in Contracts

SUMMARY AND DEFINITION OF BASIC TERMS. This Agreement of Purchase and Sale and Joint Escrow Instructions (this “Agreement”), dated as of the Effective Date set forth in Section 1 of the Summary and Definition of Basic Terms, below, is made by and between [***] (“Buyer”), and CIO SORRENTO MESA HOLDINGS, LLC, a Delaware limited liability company, and CIO 5910 PACIFIC CENTER, LLC, a Delaware limited liability company (collectively, “Seller”). The terms set forth below shall have the meanings set forth below when used in the Agreement. 1. Effective Date (Introductory Paragraph): August 19, 2021.

SUMMARY AND DEFINITION OF BASIC TERMS. This Agreement of Purchase and Sale and Joint Escrow Instructions (this “Agreement”), dated as of the Effective Date set forth in Section 1 of the Summary and Definition of Basic Terms, below, is made by and between [***] (“Buyer”), and CIO SORRENTO MESA SM LAND HOLDINGS, LLC, a Delaware limited liability company, company and CIO 5910 9985 PACIFIC CENTERHEIGHTS, LLC, a Delaware limited liability company (collectively, “Seller”). The terms set forth below shall have the meanings set forth below when used in the Agreement. 1. Effective Date (Introductory Paragraph): August 19, 2021.