Pool Concentration Sample Clauses
Pool Concentration. At all times, the Pool will be subject to the following concentration limits:
(i) No single Pool Property shall comprise (i) at any time prior to March 15, 2019, in excess of 40% of the Total Pool Value, or (iii) at any time thereafter, in excess of 25% of the Total Pool Value, in each case, with any excess being excluded from Total Pool Value.
(ii) No single tenant’s revenues shall comprise in excess of 15% of the aggregate rental revenue from the Pool, with any excess being excluded from Pool NOI.
(iii) Pool Properties that are subject to a ground lease shall not comprise in excess of 15% of the Total Pool Value at any time, with any excess being excluded from Total Pool Value.
Pool Concentration. At all times, the Pool will be subject to the following concentration limits:
(i) No single Pool Property shall comprise (i) at any time prior to May 16, 2022, in excess of 35% of the Total Pool Value, or (ii) at any time thereafter, in excess of 30% of the Total Pool Value, in each case with any excess being excluded from Total Pool Value.
(ii) No single tenant’s revenues shall comprise in excess of 20% of the aggregate rental revenue from the Pool, with any excess being excluded from Pool NOI.
Pool Concentration. The Borrower shall use commercially reasonable efforts to ensure that at all times the pool of Collateral contains Collateral Loans of no less than 15 different Obligors.