Junior Noteholder definition

Junior Noteholder means the Initial Junior Noteholder or any subsequent holder of the Junior Note, together with its successors and assigns.

Junior Noteholder shall have the meaning assigned to such term in the recitals.

Junior Noteholder means the Note B Holder.

Examples of Junior Noteholder in a sentence

• The Junior Noteholder represents and warrants that it is duly organized, validly existing, in good standing and possesses of all licenses and authorizations necessary to carry on its business.

• The Junior Noteholder expressly and irrevocably waives for itself and any Person claiming through or under the Junior Noteholder any and all rights that it may have under Section 1315 of the New York Real Property Actions and Proceedings Law or the provisions of any similar law which purports to give a junior loan Noteholder the right to initiate any loan enforcement or foreclosure proceedings.

• The Junior Noteholder assumes all risk of loss in connection with the Junior Note except as specifically set forth herein.

• All notices and reports (including, without limitation, Asset Status Reports) required to be delivered hereunder by the Lead Securitization Noteholder (or the Servicer on its behalf) to the Controlling Noteholder (or its Operating Advisor), or by the Controlling Noteholder (or its Operating Advisor) to the Lead Securitization Noteholder (or the Servicer on its behalf), shall also be delivered by the applicable party to the Junior Noteholder.

• The Defaulted Mortgage Loan Purchase Price shall be calculated by the Lead Securitization Noteholder (or the Servicer on its behalf) three (3) Business Days prior to the Defaulted Note Purchase Date (and such calculation shall be accompanied by a listing of all amounts included in the Defaulted Mortgage Loan Purchase Price), and shall, absent manifest error, be binding upon the Junior Noteholder.

More Definitions of Junior Noteholder

Junior Noteholder means the Note B Holder and/or the Note C Holder, as the context may require.

Junior Noteholder has the meaning assigned to such term in the Security Agreement.

Junior Noteholder shall have the meaning assigned to such term in the preamble to this Agreement.

Junior Noteholder means (i) for so long as any Junior Notes are represented by one or more Global Junior Notes, the bearer thereof, which shall be the Depositary and (ii) in the event that Definitive Registered Junior Notes are issued, the Person in whose name a Definitive Registered Junior Note is registered on the Registrar's books.

Junior Noteholder means “Holder” or “Holder of Notes” as defined in the Junior Note Indenture.

Junior Noteholder means each of the Holders of the Junior Notes.

Junior Noteholder shall have the meaning assigned to such term in the A/B Co-Lender Agreement.