{"component": "definition", "props": {"groups": [{"snippet": "means (a) a senior, pari passu or junior participation interest in a performing Commercial Real Estate Loan or (b) a senior, pari passu or junior note or certificate in an \u201cA/B\u201d or similar structure in a performing Commercial Real Estate Loan, in each case where the Underlying Mortgaged Property is stabilized and non-transitional.", "samples": [{"hash": "kpoqIkMGRAR", "uri": "/contracts/kpoqIkMGRAR#junior-interest", "label": "Credit Agreement (Northstar Realty)", "score": 21.0, "published": true}, {"hash": "fAsnzSOAlXq", "uri": "/contracts/fAsnzSOAlXq#junior-interest", "label": "Credit Agreement (Arbor Realty Trust Inc)", "score": 21.0, "published": true}, {"hash": "8wwh26YbgxZ", "uri": "/contracts/8wwh26YbgxZ#junior-interest", "label": "Credit Agreement (Northstar Realty)", "score": 21.0, "published": true}], "size": 21, "snippet_links": [{"key": "a-senior", "type": "clause", "offset": [10, 18]}, {"key": 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of the related senior participation interests or senior notes, as applicable, are Purchased Assets hereunder shall not be \u201cJunior Interests\u201d for any purposes under this Agreement, the Fee and Pricing Letter or any of the other Repurchase Documents (and instead such junior interest(s) and senior interest(s) shall be collectively treated as a Whole Loan for all purposes hereunder and thereunder).", "samples": [{"hash": "2grqhnn5KeZ", "uri": "/contracts/2grqhnn5KeZ#junior-interest", "label": "Master Repurchase and Securities Contract (Starwood Credit Real Estate Income Trust)", "score": 35.4832305908, "published": true}, {"hash": "kYggwGsvLxM", "uri": "/contracts/kYggwGsvLxM#junior-interest", "label": "Master Repurchase and Securities Contract (Starwood Credit Real Estate Income Trust)", "score": 34.8850097656, "published": true}, {"hash": "5OhZjBfeZbL", "uri": "/contracts/5OhZjBfeZbL#junior-interest", "label": "Master Repurchase and Securities Contract (Starwood Property Trust, 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right to review the Future Funding Request Package and to update Buyer\u2019s original due diligence and to conduct additional due diligence with respect to the applicable Purchased Asset/or the related Whole Loan, Senior Interest, Mezzanine Loan and/or <strong>Junior Interest</strong> as Buyer determines.", "Subject to the terms of this Agreement, and subject to the terms and conditions of any participation agreement, co-lender agreement, intercreditor agreement with respect to any Purchased Loan that is a Senior Interest or a <strong>Junior Interest</strong>, there are (i) no outstanding rights, options, warrants or agreements on the part of Seller for a purchase, sale or issuance, in connection with the Purchased Loans, and (ii) no agreements on the part of Seller to issue, sell or distribute the Purchased Loans.", "Notwithstanding anything to the contrary contained in the foregoing, Mortgage Notes, Mezzanine Notes and <strong>Junior Interest</strong> Notes shall be released only for the purpose of (i) ultimate sale or exchange, or (ii) presentation, collection, enforcement, renewal, amendment or registration of transfer.", "The definition of &quot;Interest Capitalization Notes&quot; is amended and restated in its entirety as follows: &quot;Interest Capitalization Notes&quot; means the Senior Interest Capitalization Notes and the <strong>Junior Interest</strong> Capitalization Note.", "Seller has full right and authority to sell, assign and transfer each Purchased Loan, and the assignment to Buyer constitutes a legal, valid and binding assignment of such Purchased Loan free and clear of any and all liens, pledges, charges or security interests of any nature encumbering such Purchased Loan other than the rights of the holder of a related <strong>Junior Interest</strong>.", "Except with respect to any Purchased Loan that is a Senior Interest or a <strong>Junior Interest</strong>, each Purchased Loan is a whole loan and not a participation interest in a mortgage loan.", "JUNIOR SUBORDINATED INTEREST NOTE [Date] $________ GCIH, INC., a Delaware corporation (the &quot;Company&quot;), hereby promises to pay to the order of __________________ (the &quot;Holder&quot;) the principal amount of _______ Dollars ($________), together with interest thereon at the rate of twelve percent (12%) per annum calculated from the date hereof, on January 22, 2006 (the &quot;Maturity Date&quot;) in accordance with the provisions of this Junior Subordinated Interest Note (this &quot;<strong>Junior Interest</strong> Note&quot;).", "In connection with a Mortgaged Property related to any Partitioned Mortgage Loan, promptly following the receipt of, and based upon, such update, the Special Servicer shall also redetermine, and report to the Trustee, the Master Servicer, the Subordinate Class Representative and related <strong>Junior Interest</strong> Holder(s) the Appraisal Reduction Amount, if any, with respect to the entire such Partitioned Mortgage Loan (calculated, for purposes of this sentence, as if it were a single Mortgage Loan).", "The right of the Subordinate Class Representative otherwise set forth in the preceding paragraph shall not be effective in connection with a Partitioned Mortgage Loan for as long as a <strong>Junior Interest</strong> Control Appraisal Event has not occurred with respect to such Partitioned Mortgage Loan."], "related": [["senior-interest", "Senior Interest", "Senior Interest"], ["senior-interests", "Senior Interests", "Senior Interests"], ["senior-interest-holders", "Senior Interest Holders", "Senior Interest Holders"], ["senior-interest-distribution-amount", "Senior Interest Distribution Amount", "Senior Interest Distribution Amount"], ["junior-indebtedness", "Junior Indebtedness", "Junior Indebtedness"]], "related_snippets": [], "updated": "2026-04-18T05:49:41+00:00"}, "json": true, "cursor": ""}}