{"component": "clause", "props": {"groups": [{"snippet": "(a) Wherever in this Agreement a provision is made that an action may be taken or a Notice given by Noteholders, such action or Notice may be taken or given by any Noteholder, unless such provision requires a specific percentage of Noteholders.\n(b) Any Notice, request, authorization, direction, consent, waiver or other act by the Holder of a Note shall bind such Holder and every subsequent Holder of such Note and of any Note issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of anything done or omitted to be done by the Owner Trustee, the Transferor or the Servicer in reliance thereon, whether or not notation of such action is made upon such Note.", "samples": [{"hash": "axnAdlwnhP3", "uri": "/contracts/axnAdlwnhP3#actions-by-noteholders", "label": "Transfer and Servicing Agreement (Signet Jewelers LTD)", "score": 25.3832988739, "published": true}, {"hash": "jnDge7Z5Ab7", 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If, at any time, the request, demand, authorization, direction, consent, waiver or other act of a specific percentage of Noteholders is required pursuant to this Agreement, written notification of the substance thereof shall be furnished to all Noteholders whether such Noteholder's request, demand, authorization, direction, consent, waiver or other act is necessary to meet a specified percentage requirement.\n(b) Any request, demand, authorization, direction, consent, waiver or other act by a Noteholder binds such Noteholder and every subsequent holder of such Note issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of anything done or omitted to be done by the Trustee or the Servicer in reliance thereon, whether or not notation of such action is made upon such Note.", "samples": [{"hash": "1BEkmjyLesV", "uri": "/contracts/1BEkmjyLesV#actions-by-noteholders", "label": "Pledge and Servicing Agreement (Fairfield Communities Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "in-this-agreement", "type": "definition", "offset": [13, 30]}, {"key": "a-notice", "type": "clause", "offset": [82, 90]}, {"key": "at-any-time", "type": "clause", "offset": [285, 296]}, {"key": "the-request", "type": "clause", "offset": [298, 309]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [426, 452]}, {"key": "notification-of", "type": "definition", "offset": [462, 477]}, {"key": "specified-percentage", "type": "clause", "offset": [659, 679]}, {"key": "a-noteholder", "type": "definition", "offset": [776, 788]}, {"key": "subsequent-holder", "type": "definition", "offset": [821, 838]}, {"key": "registration-of-transfer", "type": "clause", "offset": [868, 892]}, {"key": "in-exchange", "type": "clause", "offset": [904, 915]}, {"key": "in-lieu", "type": "definition", "offset": [928, 935]}, {"key": "in-respect-of", "type": "clause", "offset": [944, 957]}, {"key": "by-the-trustee", "type": "clause", "offset": [994, 1008]}, {"key": "the-servicer", "type": "definition", "offset": [1012, 1024]}], "size": 1, "hash": "4d257435ba9d4e220e99b35d03a92e69", "id": 9}, {"snippet": "Subject to the limitations and subordination set forth in the Loan Agreement, each Noteholder shall have the power to enforce this Guaranty against Guarantor to the full extent of Guarantor's obligations hereunder.", "samples": [{"hash": "5HebT6AJaP3", "uri": "/contracts/5HebT6AJaP3#actions-by-noteholders", "label": "Guaranty (Cronos Group)", "score": 18.0, "published": true}], "snippet_links": [{"key": "subject-to-the", "type": "definition", "offset": [0, 14]}, {"key": "the-loan-agreement", "type": "clause", "offset": [58, 76]}, {"key": "this-guaranty", "type": "clause", "offset": [126, 139]}], "size": 1, "hash": "c6e78f29456fae81550bcc4c1b0c3739", "id": 10}], "next_curs": "Cl8SWWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjsLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih9hY3Rpb25zLWJ5LW5vdGVob2xkZXJzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [["obligations-of-note-trustee", "OBLIGATIONS OF NOTE TRUSTEE"]], "title": "Actions by Noteholders", "size": 176, "parents": [["miscellaneous-provisions", "Miscellaneous Provisions"], ["miscellaneous", "Miscellaneous"], ["discount-receivables", "Discount Receivables"], ["discount-option", "Discount Option"], ["reports-to-rating-agencies", "Reports to Rating Agencies"]], "id": "actions-by-noteholders", "related": [["action-by-noteholders", "Action by Noteholders", "Action by Noteholders"], ["control-by-noteholders", "Control by Noteholders", "Control by Noteholders"], ["communication-by-noteholders-with-other-noteholders", "Communication by Noteholders with Other Noteholders", "Communication by Noteholders with Other Noteholders"], ["actions-by-owner-trustee", "Actions by Owner Trustee", "Actions by Owner Trustee"], ["actions-by-certificateholders", "Actions by Certificateholders", "Actions by Certificateholders"]], "related_snippets": [], "updated": "2026-07-10T04:32:05+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The \"Actions by Noteholders\" clause defines the procedures and rights of noteholders to take collective action regarding the notes they hold. It typically outlines how a specified percentage or majority of noteholders can make decisions, such as enforcing rights, waiving defaults, or instructing the trustee to act on their behalf. This clause ensures that noteholders can act in a coordinated manner, preventing individual holders from taking conflicting actions and providing a clear mechanism for addressing issues related to the notes."}, "json": true, "cursor": ""}}