{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "holders-of", "type": "clause", "offset": [27, 37]}, {"key": "amount-of-notes", "type": "clause", "offset": [61, 76]}, {"key": "waiver-or-consent", "type": "clause", "offset": [110, 127]}, {"key": "by-the-company", "type": "clause", "offset": [141, 155]}, {"key": "any-person", "type": "clause", "offset": [163, 173]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [174, 196]}, {"key": "direct-or-indirect", "type": "clause", "offset": [235, 253]}, {"key": "common-control", "type": "definition", "offset": [254, 268]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [346, 365]}, {"key": "trustee-shall", "type": "definition", "offset": [390, 403]}, {"key": "be-protected", "type": "clause", "offset": [404, 416]}], "samples": [{"hash": "d1rHDZImFR9", "uri": "/contracts/d1rHDZImFR9#treasury-notes", "label": "Fifth Supplemental Indenture (SM Energy Co)", "score": 32.4743309021, "published": true}, {"hash": "hToOgz3Lr9N", "uri": "/contracts/hToOgz3Lr9N#treasury-notes", "label": "Indenture (Continental Resources, Inc)", "score": 31.8993835449, "published": true}, {"hash": "kCqo0koK84J", "uri": "/contracts/kCqo0koK84J#treasury-notes", "label": "Indenture (SM Energy Co)", "score": 31.4613285065, "published": true}], "size": 1685, "snippet": "In determining whether the Holders of the required principal amount of Notes have concurred in any direction, waiver or consent, Notes owned by the Company, or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Company, shall be considered as though not outstanding, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes that the Trustee knows are so owned shall be so disregarded.", "hash": "373c98ec3460860ce3985f75e982877e", "id": 1}, {"snippet_links": [{"key": "holders-of", "type": "clause", "offset": [27, 37]}, {"key": "amount-of-notes", "type": "clause", "offset": [61, 76]}, {"key": "waiver-or-consent", "type": "clause", "offset": [110, 127]}, {"key": "owned-by", "type": "definition", "offset": [135, 143]}, {"key": "the-issuers", "type": "clause", "offset": [144, 155]}, {"key": "any-person", "type": "clause", "offset": [180, 190]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [191, 213]}, {"key": "direct-or-indirect", "type": "clause", "offset": [252, 270]}, {"key": "common-control", "type": "definition", "offset": [271, 285]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [379, 398]}, {"key": "be-protected", "type": "clause", "offset": [436, 448]}, {"key": "responsible-officer-of-the-trustee", "type": "definition", "offset": [520, 554]}], "samples": [{"hash": "3cakvjObe20", "uri": "/contracts/3cakvjObe20#treasury-notes", "label": "Indenture (Archrock, Inc.)", "score": 37.0547561646, "published": true}, {"hash": "HoybcMBRSk", "uri": "/contracts/HoybcMBRSk#treasury-notes", "label": "Indenture (Antero Midstream Corp)", "score": 36.9753608704, "published": true}, {"hash": "2zactNHMGWU", "uri": "/contracts/2zactNHMGWU#treasury-notes", "label": "Indenture (Antero Midstream Corp)", "score": 36.7262153625, "published": true}], "size": 451, "snippet": "In determining whether the Holders of the required principal amount of Notes have concurred in any direction, waiver or consent, Notes owned by the Issuers or any Guarantor, or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Issuers or any Guarantor, will be considered as though not outstanding, except that for the purposes of determining whether the Trustee will be protected in relying on any such direction, waiver or consent, only Notes that a Responsible Officer of the Trustee actually knows are so owned will be so disregarded.", "hash": "aa0e38340d8bed76d95d84c15b85c296", "id": 2}, {"snippet_links": [{"key": "holders-of", "type": "clause", "offset": [27, 37]}, {"key": "amount-of-notes", "type": "clause", "offset": [61, 76]}, {"key": "waiver-or-consent", "type": "clause", "offset": [110, 127]}, {"key": "by-the-issuer", "type": "clause", "offset": [141, 154]}, {"key": "affiliate-of", "type": "definition", "offset": [166, 178]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [250, 269]}, {"key": "trustee-shall", "type": "definition", "offset": [294, 307]}, {"key": "be-protected", "type": "clause", "offset": [308, 320]}, {"key": "responsible-officer-of-the-trustee", "type": "definition", "offset": [392, 426]}, {"key": "in-good-faith", "type": "definition", "offset": [510, 523]}, {"key": "the-pledgee", "type": "clause", "offset": [552, 563]}, {"key": "satisfaction-of", "type": "clause", "offset": [583, 598]}, {"key": "right-to", "type": "clause", "offset": [625, 633]}, {"key": "with-respect-to", "type": "clause", "offset": [680, 695]}, {"key": "the-notes", "type": "clause", "offset": [696, 705]}, {"key": "other-obligor", "type": "clause", "offset": [817, 830]}], "samples": [{"hash": "ghAzeV0MbG1", "uri": "/contracts/ghAzeV0MbG1#treasury-notes", "label": "Supplemental Indenture (HCA Healthcare, Inc.)", "score": 36.8302536011, "published": true}, {"hash": "eT8GQLmOfz3", "uri": "/contracts/eT8GQLmOfz3#treasury-notes", "label": "Supplemental Indenture (HCA Healthcare, Inc.)", "score": 36.8302536011, "published": true}, {"hash": "52T3WCZDWh0", "uri": "/contracts/52T3WCZDWh0#treasury-notes", "label": "Supplemental Indenture (HCA Healthcare, Inc.)", "score": 36.8302536011, "published": true}], "size": 426, "snippet": "In determining whether the Holders of the required principal amount of Notes have concurred in any direction, waiver or consent, Notes owned by the Issuer, or by any Affiliate of the Issuer, shall be considered as though not outstanding, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes that a Responsible Officer of the Trustee knows are so owned shall be so disregarded. Notes so owned which have been pledged in good faith shall not be disregarded if the pledgee establishes to the satisfaction of the Trustee the pledgee\u2019s right to deliver any such direction, waiver or consent with respect to the Notes and that the pledgee is not the Issuer or any obligor upon the Notes or any Affiliate of the Issuer or of such other obligor.", "hash": "0df1706d4600697f21226675e115af57", "id": 3}, {"snippet_links": [{"key": "holders-of", "type": "clause", "offset": [27, 37]}, {"key": "required-principal", "type": "definition", "offset": [42, 60]}, {"key": "amount-of-notes", "type": "clause", "offset": [61, 76]}, {"key": "by-the-company", "type": "clause", "offset": [149, 163]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [257, 276]}, {"key": "trustee-shall", "type": "definition", "offset": [301, 314]}, {"key": "be-protected", "type": "clause", "offset": [315, 327]}, {"key": "waiver-or-consent", "type": "clause", "offset": [362, 379]}, {"key": "trust-officer", "type": "definition", "offset": [400, 413]}, {"key": "the-company-shall", "type": "clause", "offset": [481, 498]}, {"key": "notify-the", "type": "clause", "offset": [499, 509]}, {"key": "in-writing", "type": "definition", "offset": [519, 529]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [612, 638]}], "samples": [{"hash": "22cqsLR6iQt", "uri": "/contracts/22cqsLR6iQt#treasury-notes", "label": "Indenture (CNH Industrial Capital LLC)", "score": 26.4811763763, "published": true}, {"hash": "arlEMlCy8Qp", "uri": "/contracts/arlEMlCy8Qp#treasury-notes", "label": "Indenture (CNH Industrial Capital LLC)", "score": 25.4928131104, "published": true}, {"hash": "2ECHLJPHeln", "uri": "/contracts/2ECHLJPHeln#treasury-notes", "label": "Indenture (CNH Capital LLC)", "score": 24.7700214386, "published": true}], "size": 219, "snippet": "In determining whether the Holders of the required principal amount of Notes have concurred in any direction, waiver, consent or notice, Notes owned by the Company or any of its Affiliates shall be considered as though they are not outstanding, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes which a Trust Officer of the Trustee actually knows are so owned shall be so considered. The Company shall notify the Trustee, in writing, when it or any of its Affiliates repurchases or otherwise acquires Notes, of the aggregate principal amount of such Notes so repurchased or otherwise acquired.", "hash": "d54fee7d72fab65b4f1495ecc374ae63", "id": 4}, {"snippet_links": [{"key": "holders-of", "type": "clause", "offset": [27, 37]}, {"key": "amount-of-notes", "type": "clause", "offset": [61, 76]}, {"key": "declaration-of-acceleration", "type": "definition", "offset": [99, 126]}, {"key": "notice-of-default", "type": "definition", "offset": [130, 147]}, {"key": "waiver-or-consent", "type": "clause", "offset": [162, 179]}, {"key": "any-amendment", "type": "definition", "offset": [183, 196]}, {"key": "change-to", "type": "definition", "offset": [220, 229]}, {"key": "by-the-issuer", "type": "clause", "offset": [258, 271]}, {"key": "affiliate-of", "type": "definition", "offset": [285, 297]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [379, 398]}, {"key": "trustee-shall", "type": "definition", "offset": [423, 436]}, {"key": "be-protected", "type": "clause", "offset": [437, 449]}, {"key": "responsible-officer-of-the-trustee", "type": "definition", "offset": [593, 627]}, {"key": "an-officer", "type": "clause", "offset": [641, 651]}, {"key": "in-good-faith", "type": "definition", "offset": [767, 780]}, {"key": "the-pledgee", "type": "clause", "offset": [809, 820]}, {"key": "satisfaction-of", "type": "clause", "offset": [840, 855]}, {"key": "to-act", "type": "definition", "offset": [891, 897]}, {"key": "with-respect-to", "type": "clause", "offset": [898, 913]}, {"key": "the-notes", "type": "clause", "offset": [914, 923]}, {"key": "other-obligor", "type": "clause", "offset": [981, 994]}, {"key": "respective-affiliates", "type": "definition", "offset": [1024, 1045]}], "samples": [{"hash": "XS28Rbjx96", "uri": "/contracts/XS28Rbjx96#treasury-notes", "label": "Indenture (Match Group, Inc.)", "score": 36.6331291199, "published": true}, {"hash": "bKKQr1sjTFN", "uri": "/contracts/bKKQr1sjTFN#treasury-notes", "label": "Indenture (Vail Resorts Inc)", "score": 36.4989738464, "published": true}, {"hash": "8t13qHFrymN", "uri": "/contracts/8t13qHFrymN#treasury-notes", "label": "Indenture (QVC Inc)", "score": 35.7351112366, "published": true}], "size": 199, "snippet": "In determining whether the Holders of the required principal amount of Notes have concurred in any declaration of acceleration or notice of default or direction, waiver or consent or any amendment, modification or other change to this Indenture, Notes owned by the Issuer or any other Affiliate of the Issuer shall be disregarded as though they were not outstanding, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent or any amendment, modification or other change to this Indenture, only Notes as to which a Responsible Officer of the Trustee has received an Officer\u2019s Certificate stating that such Notes are so owned shall be so disregarded. Notes so owned which have been pledged in good faith shall not be disregarded if the pledgee established to the satisfaction of the Trustee the pledgee\u2019s right so to act with respect to the Notes and that the pledgee is not the Issuer, a Guarantor, any other obligor on the Notes or any of their respective Affiliates.", "hash": "edb6e4ab64a26271a63b9a1d1f8d74b9", "id": 5}, {"snippet_links": [{"key": "temporary-notes", "type": "definition", "offset": [17, 32]}, {"key": "defaulted-interest", "type": "definition", "offset": [233, 251]}], "samples": [{"hash": "hOqXIchjrep", "uri": "/contracts/hOqXIchjrep#treasury-notes", "label": "Indenture (Comdisco Holding Co Inc)", "score": 18.0, "published": true}, {"hash": "9GISEjp7fKe", "uri": "/contracts/9GISEjp7fKe#treasury-notes", "label": "Indenture (Comdisco Inc)", "score": 18.0, "published": true}], "size": 191, "snippet": "21 Section 2.10. Temporary Notes............................................................................21 Section 2.11. Cancellation...............................................................................22 Section 2.12. Defaulted Interest.........................................................................22", "hash": "ed1c37a2db0ad944e63da3c224930fc7", "id": 6}, {"snippet_links": [{"key": "temporary-notes", "type": "definition", "offset": [16, 31]}], "samples": [{"hash": "ctWN3VxxJlK", "uri": "/contracts/ctWN3VxxJlK#treasury-notes", "label": "Indenture (Paramount Resources LTD)", "score": 18.0, "published": true}, {"hash": "8v7gtJm1Rcg", "uri": "/contracts/8v7gtJm1Rcg#treasury-notes", "label": "Indenture (Cole National Corp /De/)", "score": 18.0, "published": true}, {"hash": "8Inxh4mugid", "uri": "/contracts/8Inxh4mugid#treasury-notes", "label": "Indenture (Riverside Forest Products Marketing LTD)", "score": 18.0, "published": true}], "size": 128, "snippet": "36 Section 2.10 Temporary Notes............................................................................36 Section 2.11 Cancellation...............................................................................36 Section 2.12", "hash": "eb3059f265cd58b78b7322042ddec775", "id": 7}, {"snippet_links": [{"key": "holders-of", "type": "clause", "offset": [27, 37]}, {"key": "amount-of-notes", "type": "clause", "offset": [61, 76]}, {"key": "any-notice", "type": "definition", "offset": [95, 105]}, {"key": "waiver-or-consent", "type": "clause", "offset": [118, 135]}, {"key": "by-the-company", "type": "clause", "offset": [149, 163]}, {"key": "other-obligor", "type": "clause", "offset": [171, 184]}, {"key": "the-notes", "type": "clause", "offset": [188, 197]}, {"key": "affiliate-of-the-company", "type": "definition", "offset": [208, 232]}, {"key": "for-purposes-of", "type": "clause", "offset": [293, 308]}, {"key": "trustee-shall", "type": "definition", "offset": [333, 346]}, {"key": "be-protected", "type": "clause", "offset": [347, 359]}, {"key": "responsible-officer-of-the-trustee", "type": "definition", "offset": [440, 474]}, {"key": "in-good-faith", "type": "definition", "offset": [567, 580]}, {"key": "the-pledgee", "type": "clause", "offset": [609, 620]}, {"key": "satisfaction-of", "type": "clause", "offset": [640, 655]}, {"key": "to-act", "type": "definition", "offset": [691, 697]}, {"key": "with-respect-to", "type": "clause", "offset": [698, 713]}], "samples": [{"hash": "ilPqy8gt5eF", "uri": "/contracts/ilPqy8gt5eF#treasury-notes", "label": "Indenture (Healthsouth Corp)", "score": 24.8822727203, "published": true}, {"hash": "lPA5ngYXcNB", "uri": "/contracts/lPA5ngYXcNB#treasury-notes", "label": "Indenture (Micron Technology Inc)", "score": 24.1156749725, "published": true}, {"hash": "fHBW3uc4spl", "uri": "/contracts/fHBW3uc4spl#treasury-notes", "label": "Indenture (Micron Technology Inc)", "score": 24.1156749725, "published": true}], "size": 101, "snippet": "In determining whether the Holders of the required principal amount of Notes have concurred in any notice, direction, waiver or consent, Notes owned by the Company or any other obligor on the Notes or by any Affiliate of the Company or of such other obligor shall be disregarded, except that, for purposes of determining whether the Trustee shall be protected in relying on any such notice, direction, waiver or consent, only Notes which a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded. Notes so owned which have been pledged in good faith shall not be disregarded if the pledgee establishes to the satisfaction of the Trustee the pledgee\u2019s right so to act with respect to the Notes and that the pledgee is not the Company or any other obligor on the Notes or any Affiliate of the Company or of such other obligor.", "hash": "8692c1eb84d2c31d3caadc78a83cb696", "id": 8}, {"snippet_links": [{"key": "holders-of", "type": "clause", "offset": [27, 37]}, {"key": "amount-of-notes", "type": "clause", "offset": [61, 76]}, {"key": "waiver-or-consent", "type": "clause", "offset": [110, 127]}, {"key": "by-the-issuer", "type": "clause", "offset": [141, 154]}, {"key": "affiliate-of", "type": "definition", "offset": [180, 192]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [279, 298]}, {"key": "trustee-shall", "type": "definition", "offset": [323, 336]}, {"key": "be-protected", "type": "clause", "offset": [337, 349]}, {"key": "responsible-officer-of-the-trustee", "type": "definition", "offset": [421, 455]}, {"key": "in-good-faith", "type": "definition", "offset": [548, 561]}, {"key": "the-pledgee", "type": "clause", "offset": [590, 601]}, {"key": "satisfaction-of", "type": "clause", "offset": [621, 636]}, {"key": "right-to", "type": "clause", "offset": [663, 671]}, {"key": "with-respect-to", "type": "clause", "offset": [718, 733]}, {"key": "pledged-notes", "type": "definition", "offset": [739, 752]}], "samples": [{"hash": "6URXRlbQaGr", "uri": "/contracts/6URXRlbQaGr#treasury-notes", "label": "Indenture (Life Time Group Holdings, Inc.)", "score": 35.847366333, "published": true}, {"hash": "cDtC2DWefeQ", "uri": "/contracts/cDtC2DWefeQ#treasury-notes", "label": "Indenture (Life Time Group Holdings, Inc.)", "score": 32.6988372803, "published": true}, {"hash": "2F9WGISuRQL", "uri": "/contracts/2F9WGISuRQL#treasury-notes", "label": "Indenture (Life Time Group Holdings, Inc.)", "score": 32.6988372803, "published": true}], "size": 99, "snippet": "In determining whether the Holders of the required principal amount of Notes have concurred in any direction, waiver or consent, Notes owned by the Issuer or a Guarantor or by any Affiliate of the Issuer or a Guarantor, shall be considered as though not outstanding, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes that a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded. Notes so owned which have been pledged in good faith shall not be disregarded if the pledgee establishes to the satisfaction of the Trustee the pledgee\u2019s right to deliver any such direction, waiver or consent with respect to such pledged Notes and that the pledgee is not the Issuer or a Guarantor or any Affiliate of the Issuer or a Guarantor.", "hash": "2de393067ce9f9be83ec6ca37e1857b5", "id": 9}, {"snippet_links": [{"key": "temporary-notes", "type": "definition", "offset": [17, 32]}, {"key": "defaulted-interest", "type": "definition", "offset": [205, 223]}, {"key": "record-date", "type": "clause", "offset": [299, 310]}, {"key": "cusip-number", "type": "definition", "offset": [393, 405]}, {"key": "article-3", "type": "clause", "offset": [473, 482]}], "samples": [{"hash": "TInG1k4o0D", "uri": "/contracts/TInG1k4o0D#treasury-notes", "label": "Indenture (Echostar Broadband Corp)", "score": 18.0, "published": true}], "size": 97, "snippet": "35 Section 2.10. Temporary Notes..............................................................36 Section 2.11. Cancellation.................................................................36 Section 2.12. Defaulted Interest...........................................................36 Section 2.13. Record Date..................................................................36 Section 2.14. CUSIP Number.................................................................37 ARTICLE 3. REDEMPTION............................................................................37", "hash": "90af2377139726222f69f764530a2dad", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihd0cmVhc3VyeS1ub3RlcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Treasury Notes", "parents": [["the-notes", "The Notes"], ["definitions-and-incorporation-by-reference", "Definitions and Incorporation by Reference"], ["miscellaneous", "MISCELLANEOUS"], ["rules-of-construction", "Rules of Construction"], ["covenants", "COVENANTS"]], "size": 4543, "children": [["notices-to-trustee", "Notices to Trustee"], ["", ""], ["selection-of-notes-to-be-redeemed", "Selection of Notes to Be Redeemed"], ["notice-of-redemption", "Notice of Redemption"], ["deposit-of-redemption-price", "Deposit of Redemption Price"]], "id": "treasury-notes", "related": [["treasury-securities", "Treasury Securities", "Treasury Securities"], ["treasury-rate-notes", "Treasury Rate Notes", "Treasury Rate Notes"], ["constant-maturity-swap-rate-notes", "Constant Maturity Swap Rate Notes", "Constant Maturity Swap Rate Notes"], ["fixed-rate-notes", "Fixed Rate Notes", "Fixed Rate Notes"], ["floating-rate-notes", "Floating Rate Notes", "Floating Rate Notes"]], "related_snippets": [], "updated": "2026-04-05T05:59:45+00:00", "also_ask": ["What are the essential terms that must be included in a Treasury Notes clause to ensure enforceability?", "How can the clause be strategically negotiated to protect against interest rate fluctuations or early redemption risks?", "What are the most common legal pitfalls or fatal flaws in drafting Treasury Notes provisions?", "How do Treasury Notes clauses differ from other debt instrument clauses in terms of legal treatment and risk allocation?", "What are the key factors courts consider when determining the enforceability of Treasury Notes clauses in disputes?"], "drafting_tip": "Specify the terms of issuance and maturity to ensure clarity; define interest calculation methods to prevent disputes; identify governing law to ensure enforceability.", "explanation": "The Treasury Notes clause defines the terms and conditions under which Treasury Notes are issued, held, or transferred within the context of the agreement. It typically outlines the interest rate, maturity date, and payment schedule associated with these debt instruments, and may specify procedures for redemption or transfer. This clause ensures that all parties understand their rights and obligations regarding Treasury Notes, providing clarity and reducing the risk of disputes related to these financial instruments."}, "json": true, "cursor": ""}}