Common use of TENANT IN COMMON INTERESTS Clause in Contracts

TENANT IN COMMON INTERESTS. As of the date hereof and prior to giving effort to the Initial TIC Transfers pursuant to Section 5.26.2(a), (i) TIC I LLC owns an undivided 35% tenant-in-common interest in the Property and (ii) TIC II LLC owns an undivided 65% tenant-in-common interest in the Property.

TENANT IN COMMON INTERESTS. As of the date hereof and prior to giving effort to the Initial TIC Transfers pursuant to Section 5.26.2(a), (i) TIC I II LLC owns an undivided 3514.4676% tenant-in-common interest in the Property and (ii) TIC II I LLC owns an undivided 6585.5324% tenant-in-common interest in the Property.