{"component": "clause", "props": {"groups": [{"size": 8, "snippet": "ENACTMENT OF EXEMPTIONS (Effective on and after January 1, 2008)", "samples": [{"hash": "31ZBfm10TbQ", "uri": "/contracts/31ZBfm10TbQ#section-316", "label": "Sales Contracts", "score": 24.1704312115, "published": true}, {"hash": "3QtSPAHa21r", "uri": "/contracts/3QtSPAHa21r#section-316", "label": "Sales Contracts", "score": 19.0, "published": true}, {"hash": "lQKrmfUDRQZ", "uri": "/contracts/lQKrmfUDRQZ#section-316", "label": "Sales Contracts", "score": 18.0, "published": true}], "snippet_links": [{"key": "enactment-of-exemptions", "type": "clause", "offset": [0, 23]}, {"key": "after-january", "type": "clause", "offset": [42, 55]}], "hash": "d7f09c1a8280e5ade057929bdf548a92", "id": 1}, {"size": 3, "snippet": "CUSIP Numbers.........................................................................34", "samples": [{"hash": "eOlLFumpptT", "uri": "/contracts/eOlLFumpptT#section-316", "label": "Indenture (South Financial Group Inc)", "score": 18.0, "published": true}, {"hash": "1k28su89TyR", "uri": "/contracts/1k28su89TyR#section-316", "label": "Indenture (South Financial Group Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "cusip-numbers", "type": "clause", "offset": [0, 13]}], "hash": "40183dfaf39da2a6960320b5fc8b2c1e", "id": 2}, {"size": 2, "snippet": "Cancellation and Destruction of Bonds . . 42 Section 317. Refunding Bonds . . . . . . . . . . . . . . 42 ARTICLE IV: THE PROJECT . . . . . . . . . . . . . . . . . . . . . . 42 Section 401. Construction Fund . . . . . . . . . . . . . 42 Section 402. Payments From Construction Fund . . . . . . 43", "samples": [{"hash": "f5SSGmW3PA7", "uri": "/contracts/f5SSGmW3PA7#section-316", "label": "Loan and Trust Agreement (Tampa Electric Co)", "score": 18.0, "published": true}, {"hash": "cqwJfRNyOCi", "uri": "/contracts/cqwJfRNyOCi#section-316", "label": "Loan and Trust Agreement (Teco Energy Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "cancellation-and-destruction-of-bonds", "type": "clause", "offset": [0, 37]}, {"key": "refunding-bonds", "type": "clause", "offset": [58, 73]}, {"key": "article-iv", "type": "definition", "offset": [105, 115]}, {"key": "the-project", "type": "clause", "offset": [117, 128]}, {"key": "section-401", "type": "definition", "offset": [176, 187]}, {"key": "section-402", "type": "clause", "offset": [236, 247]}, {"key": "payments-from-construction-fund", "type": "clause", "offset": [249, 280]}], "hash": "4ee558f088565b32f887105b6917c005", "id": 3}, {"size": 2, "snippet": "Margin Stock shall be purchased by the Obligors only with the proceeds of Indebtedness not directly or indirectly secured by Margin Stock, or with the proceeds of equity capital of the Borrower.", "samples": [{"hash": "29oxvVeMZpz", "uri": "/contracts/29oxvVeMZpz#section-316", "label": "Senior Secured Revolving Credit Agreement (Crescent Capital BDC, Inc.)", "score": 32.8247775496, "published": true}, {"hash": "2HU9Fq6V5zJ", "uri": "/contracts/2HU9Fq6V5zJ#section-316", "label": "Senior Secured Revolving Credit Agreement (Morgan Stanley Direct Lending Fund)", "score": 32.5537303217, "published": true}], "snippet_links": [{"key": "stock-shall", "type": "definition", "offset": [7, 18]}, {"key": "the-obligors", "type": "clause", "offset": [35, 47]}, {"key": "proceeds-of-indebtedness", "type": "clause", "offset": [62, 86]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [91, 113]}, {"key": "equity-capital", "type": "definition", "offset": [163, 177]}, {"key": "of-the-borrower", "type": "clause", "offset": [178, 193]}], "hash": "efd7275b2a7c5a1d33f6a5f2e488895c", "id": 4}, {"size": 2, "snippet": "is hereby by deleting the reference to the \u201cMHC.\u201d", "samples": [{"hash": "gTdb6zBC4Jh", "uri": "/contracts/gTdb6zBC4Jh#section-316", "label": "Supplemental Executive Retirement Plan (Provident Bancorp, Inc. /MD/)", "score": 29.9760438056, "published": true}, {"hash": "188v0ZqB2Qg", "uri": "/contracts/188v0ZqB2Qg#section-316", "label": "Supplemental Executive Retirement Plan (Provident Bancorp, Inc. /MD/)", "score": 29.9760438056, "published": true}], "snippet_links": [{"key": "the-reference-to", "type": "definition", "offset": [22, 38]}], "hash": "611e4391d0ded879b6b32bdc001f50ab", "id": 5}, {"size": 2, "snippet": "Reserved.................................................... 46", "samples": [{"hash": "arh6Z2xDY4j", "uri": "/contracts/arh6Z2xDY4j#section-316", "label": "Loan and Trust Agreement (Datum Inc)", "score": 18.0, "published": true}], "snippet_links": [], "hash": "f7f3f1661b60c53de37fab5639dd1aff", "id": 6}, {"size": 1, "snippet": "14.1 Section 317..............................................................\n......... 14.1 Section 318(c) ...\n.......... 14.1 This Cross-Reference Table shall not, for any purpose, be deemed a part of this Indenture.", "samples": [{"hash": "iod7bVcsPz", "uri": "/contracts/iod7bVcsPz#section-316", "label": "Indenture (Bell Microproducts Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "reference-table", "type": "definition", "offset": [140, 155]}], "hash": "2a4adac0d84cc8adfc97bfe93d436026", "id": 7}, {"size": 1, "snippet": "ENACTMENT OF EXEMPTIONS", "samples": [{"hash": "5vupf6ylSP7", "uri": "/contracts/5vupf6ylSP7#section-316", "label": "Sales Contracts", "score": 18.3996556667, "published": true}], "snippet_links": [{"key": "enactment-of-exemptions", "type": "clause", "offset": [0, 23]}], "hash": "2ae7b7e0cb120d718c30ca986384e9f2", "id": 8}, {"size": 1, "snippet": "(a) 5.12 (a)(1)(A)................. 5.12 (a)(1)(B)................. 5.13 (a)(2).................... Not Applicable (b)....................... 5.8 (c)....................... 1.4(f) Section 317.............................(a)(1)...... 5.3 (a)(2).................... 5.4 (b)....................... 10.3", "samples": [{"hash": "cRhDGCwO0dc", "uri": "/contracts/cRhDGCwO0dc#section-316", "label": "Junior Subordinated Indenture (Sun Capital Trust Ii)", "score": 18.0, "published": true}], "snippet_links": [{"key": "not-applicable", "type": "clause", "offset": [100, 114]}], "hash": "3e0c2792ba4e0e95c4d03fc9fa4a00a2", "id": 9}, {"size": 1, "snippet": "No Transfer of Class A Bonds . . . . . .", "samples": [{"hash": "fq33GhJ5fO6", "uri": "/contracts/fq33GhJ5fO6#section-316", "label": "Indenture (Tucson Electric Power Co)", "score": 18.0, "published": true}], "snippet_links": [{"key": "no-transfer-of-class-a-bonds", "type": "clause", "offset": [0, 28]}], "hash": "d6c06a3f926a5dcf59c1b2619a0e23db", "id": 10}], "next_curs": "ClQSTmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjALEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhRzZWN0aW9uLTMxNiMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 25, "children": [], "parents": [], "title": "Section 316", "id": "section-316", "related": [["section-312", "SECTION 312", "SECTION 312"], ["section-311", "SECTION 311", "SECTION 311"], ["section-512", "Section 512", "Section 512"], ["section-310", "SECTION 310", "SECTION 310"], ["section-515", "SECTION 515", "SECTION 515"]], "related_snippets": [], "updated": "2025-07-07T12:37:53+00:00", "also_ask": [], "drafting_tip": null, "explanation": "Section 316 typically refers to a provision that governs the rights of holders of debt securities, such as bonds or notes, in relation to the modification of terms and the enforcement of remedies. In practice, this clause often outlines the procedures by which a majority of security holders can agree to changes in the terms of the securities, such as payment dates or interest rates, and how these decisions bind all holders, including dissenters. It also usually details the process for collective action in the event of default, ensuring that individual holders cannot take unilateral enforcement actions that might disrupt coordinated remedies. The core function of Section 316 is to facilitate efficient and orderly management of debt securities by enabling collective decision-making and preventing fragmented enforcement actions, thereby protecting the interests of both issuers and the majority of security holders."}, "json": true, "cursor": ""}}