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.
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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 15May 16, 20192022, in excess of 4035% of the Total Pool Value, or (iiiii) at any time thereafter, in excess of 2530% of the Total Pool Value, in each case, case with any excess being excluded from Total Pool Value.
(ii) No single tenant’s revenues shall comprise in excess of 1520% 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 1550% of the Total Pool Value at any time, with any excess being excluded from Total Pool Value.
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