REPORTS BY NOTE TRUSTEE TO NOTEHOLDERS Sample Clauses
The "Reports by Note Trustee to Noteholders" clause requires the note trustee to provide regular updates and information to the holders of the notes. Typically, this involves periodic financial statements, notices of significant events, or updates on the status of the underlying assets or payments. By mandating these reports, the clause ensures that noteholders are kept informed about matters affecting their investment, thereby promoting transparency and enabling noteholders to make informed decisions.
REPORTS BY NOTE TRUSTEE TO NOTEHOLDERS. If required by TIA Section 313(a), within 60 days after November 15 of any year, commencing the November 15 following the date of this Deed, and at intervals of not more than 12 months, the Note Trustee shall deliver to each Noteholder a brief report dated as of such November 15 that complies with TIA Section 313(a). The Note Trustee also shall comply with TIA Sections 313(b), (c) and (d). Reports delivered pursuant to this Clause 12(ee) shall be sent as provided in Clause 22.3.
REPORTS BY NOTE TRUSTEE TO NOTEHOLDERS if required by Section 313(a) of the Trust Indenture Act, within 60 days after 31st December of any year, commencing 31st December 2002, the Note Trustee shall deliver to each Noteholder a brief report dated as of such 31st December that complies with Section 313(a) of the Trust Indenture Act. The Note Trustee also shall comply with Section 313(b), (c) and (d) of the Trust Indenture Act. Reports delivered pursuant to this Clause 15 (Z) shall be sent as provided in Clause 24;