Trust Reporting Clause Samples
The Trust Reporting clause requires the trustee to provide regular and accurate reports on the financial status and activities of the trust to beneficiaries or other designated parties. Typically, this involves periodic statements detailing income, expenses, distributions, and the current value of trust assets, ensuring all interested parties are kept informed about the trust's management. This clause serves to promote transparency, accountability, and trust between the trustee and beneficiaries, helping to prevent misunderstandings or disputes regarding the administration of the trust.
Trust Reporting. The City shall promptly submit to the Administrator a report of contributing employees for each contribution sent to the Trust, in the format requested by the Trust, at the same time funds are sent to the Trust. The City shall also provide an initial report of contributing employees, and promptly report any changes in Safety Employee employment status.
Trust Reporting. (a) Within ten (10) Business Days after the Reinsurer’s receipt of a Monthly Reinsurance Settlement Report, the Reinsurer shall certify in writing to the Company and the Trustee that all the assets held in the Trust Account as at the end of the applicable month are Eligible Trust Account Assets or, to the extent any such assets are not Eligible Trust Account Assets, the Reinsurer’s intended course of action (and actions already taken, if applicable) with regard to replacing such assets with Eligible Trust Account Assets.
(b) Concurrently with the delivery of the above certification, the Reinsurer shall also deliver to the Company a certification by the Reinsurer of: (i) the Required Balance, and if applicable, and the portion of the Required Balance required to be maintained in the Retrocession Trust Account, each as at the end of the month, (ii) the aggregate Book Value of all the assets in the Trust Account and in the Retrocession Trust Account, if applicable, as at the end of the month and (iii) a complete list of the assets in the Trust Account and the Retrocession Trust Account, if applicable, and their respective Book Values as at the end of the month.
Trust Reporting. ▇. ▇▇▇▇▇▇ shall provide the Trust with such information regarding ▇.▇. ▇▇▇▇▇▇ and the Services provided under this Agreement as shall be reasonably requested by the Board of Trustees of the Trust for purposes of fulfilling its responsibilities to oversee ▇.▇. ▇▇▇▇▇▇ as a service provider of the Trust. ▇.▇. ▇▇▇▇▇▇ shall reasonably cooperate with the officers, employees and agents of the Trust to provide the Trust with such information as shall be required for the Trust to fulfill its reporting obligations with the Securities and Exchange Commission and other applicable regulatory authorities solely to the extent related to the Service. [ Signature pages follow ] ETF Agency Services Agreement – 2025
Trust Reporting. ▇. ▇▇▇▇▇▇ shall provide the Trust with such information regarding ▇.▇. ▇▇▇▇▇▇ and the Services provided under this Agreement as shall be reasonably requested by the Board of Trustees of the Trust for purposes of fulfilling its responsibilities to oversee ▇.▇. ▇▇▇▇▇▇ as a service provider of the Trust. ▇.▇. ▇▇▇▇▇▇ shall reasonably cooperate with the officers, employees and agents of the Trust to provide the Trust with such information as shall be required for the Trust to fulfill its reporting obligations with the Securities and Exchange Commission and other applicable regulatory authorities solely to the extent related to the Services. This Joinder (“Joinder”) to the FUND SERVICES AGREEMENT, dated [__________] among each of the Customers listed on Annex I thereto and JPMORGAN CHASE BANK, N.A. (“▇.▇. ▇▇▇▇▇▇”), as amended as of the date hereof (the “Agreement”), is made and entered into as of [DATE], between [NEW CUSTOMER] (“New Customer”) and ▇.▇. ▇▇▇▇▇▇.
Trust Reporting. (a) The Company shall provide to the Reinsurer a quarterly report setting forth the Required Balance (the “Required Balance Report”) but not more than thirty (30) calendar days following the end of each calendar quarter; provided, that following the occurrence and during the continuation of a RBC Ratio Triggering Event, Adverse Financial Event, or Reinsurance Credit Event, the Company may deliver the Required Balance Report on a monthly basis concurrently with the Monthly Reinsurance Settlement Report. For the avoidance of doubt, the Reinsurer’s obligations in this Agreement to rebalance, report on, or take other actions with respect to the Trust Account on a monthly basis rather than a quarterly basis following a RBC Ratio Triggering Event, Adverse Financial Event or Reinsurance Credit Event shall be subject to the Company’s delivery of the Required Balance Report on a monthly basis as described in this paragraph. Following the date hereof, within the later of thirty (30) calendar days after the end of the applicable calendar quarter or month or fifteen (15) Business Days after the Reinsurer receives the Required Balance Report corresponding to the end of the applicable calendar quarter or month, the Reinsurer shall certify in writing to the Company that all the assets held in the Trust Account as at the end of the applicable calendar quarter or month are Eligible Trust Account Assets.
(b) Concurrently with the delivery of the above certification, the Reinsurer shall also deliver to the Company a written report of, or otherwise make available the following information: (i) the aggregate Book Value and Fair Market Value of all the assets in the Trust Account as at the end of the applicable period and (ii) a complete list of the assets in the Trust Account as at the end of the applicable period.