Trustee Reports Clause Samples
The Trustee Reports clause requires the trustee to provide regular updates or statements regarding the status and management of the trust. Typically, this involves periodic financial reports, summaries of trust activities, or disclosures of distributions made to beneficiaries. By mandating these reports, the clause ensures transparency and accountability in the trustee’s actions, helping beneficiaries stay informed and reducing the risk of mismanagement or disputes.
Trustee Reports. On or prior to each Distribution Date, based on information provided in monthly reports prepared by the Master Servicer and the Special Servicer and delivered to the Trustee by the Master Servicer (no later than 1:00 p.m., New York time on the Report Date), the Trustee shall make available to any interested party (including the holder of a B Note, but only with respect to the related A/B Mortgage Loan) via its internet website initially located at "▇▇▇.▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇" (the "Trustee's Website"), (i) the Monthly Certificateholders Report (substantially in the form of Exhibit M), (ii) a report containing information regarding the Mortgage Loans as of the end of the related Collection Period, which report shall contain substantially the categories of information regarding the Mortgage Loans set forth in Appendix I to the Final Prospectus Supplement and shall be presented in tabular format substantially similar to the format utilized in such Appendix I which report may be included as part of the Monthly Certificateholders Report, (iii) the Loan Periodic Update File, Loan Setup File, Bond Level File and the Collateral Summary File, (iv) the Advance Recoverability Report, (v) the supplemental reports set forth in paragraph (b) of the definition of Unrestricted Servicer Reports and (vi) as a convenience for interested parties (and not in furtherance of the distribution thereof under the securities laws), the Final Prospectus Supplement and this Agreement. In addition, on or prior to each Distribution Date, based on information provided in monthly reports prepared by the Master Servicer and the Special Servicer and delivered to the Trustee in accordance herewith, the Trustee shall make available via the Trustee's Website, on a restricted basis, the Restricted Servicer Reports (including the Property File on or prior to each Distribution Date, commencing in April 2005). The Trustee shall provide access to the Restricted Servicer Reports, upon request, to each Certificateholder, to the holder of a B Note as applicable, each of the parties to this Agreement, each of the Rating Agencies, each of the Financial Market Publishers, each of the Underwriters, the Operating Adviser, the Placement Agents, any prospective purchaser of the Certificates and any Certificate Owner upon receipt (which may be in electronic form) from such person of an Investor Certificate in the form of Exhibit Y, and any other person upon the direction of the Depositor, the Placement Agents or any...
Trustee Reports. So long as the Certificates are held in DTC's book-entry only system, annual unaudited reports setting forth the amounts of payments on the Certificates, and whether such amounts are principal or interest shall be prepared by the Trustee and sent to DTC. To the extent the Depositor fails to provide the Trustee with a copy of any report referred to in Section 5.09(a) (i) or (iv) herein prior to the 10th Business Day preceding the applicable filing date therefor as required by such provisions, the Trustee shall request the Depositor to prepare and file such report and, if the Depositor fails to do so, shall cause such report to be prepared and filed and the Depositor shall reimburse the Trustee for its reasonable expenses incurred in connection therewith. Any such expenses not reimbursed by the Depositor shall be borne by the Holders.
Trustee Reports. Section 5.5
Trustee Reports. The Trustee shall prepare the following reports:
(a) WEEKLY TRUSTEE REPORT TO SERVICER/SELLERS. Not later than 4:00 p.m. New York City time on each Weekly Allocation Day (and on the Second Closing Date), the Trustee shall deliver to the Servicer, the Paying Agent and the Sellers' Representative with respect to the Series 2001-A Certificates a supplement to the Weekly Trustee Reports substantially in the form of EXHIBIT B hereto, which the Trustee shall use in allocating Collections to the Series 2001-A Certificates and each other Series received during the corresponding calendar week from (but not including) the previous Weekly Allocation Day up to (and including) the current Weekly Allocation Day pursuant to SECTION 4.3.
(b) WEEKLY TRUSTEE REPORT TO SELLERS, SERVICER AND PAYING AGENT. Not later than 2:00 p.m. New York City time on each Determination Date, the Trustee shall deliver to the Servicer, the Sellers' Representative and the Paying Agent (if the Paying Agent is not the Trustee) reports substantially in the form of EXHIBIT B-1 hereto on which the Paying Agent shall be entitled to rely in making the Distributions required pursuant to SECTION 4.4 on the related Distribution Date. ARTICLE V
Trustee Reports. Within 60 days after each November 1 beginning with November 1, 2026, and for so long as Notes remain outstanding, the Trustee shall deliver to each Holder a brief report dated as of November 1 in accordance with, and to the extent required under, Trust Indenture Act Section 313(a) (but if no event described in Trust Indenture Act Section 313(a) has occurred within the twelve months preceding the reporting date, no report need be transmitted). During the same time period specified above, the Trustee also shall comply with Trust Indenture Act Section 313(b), which section relates to the release or substitution of certain property from the Lien of this Indenture and advances made by the Trustee. The Trustee will also transmit by mail all reports as required by Trust Indenture Act Section 313(c). A copy of each report at the time of its mailing to Holders shall be filed with the SEC and each stock exchange (if any) on which the Notes are listed in accordance with Trust Indenture Act Section 313(d).
Trustee Reports. Section 7.01. Notice of Defaults 61 Section 7.02. [Intentionally Omitted.] 61 Section 7.03. Compensation and Reimbursement. 61 Section 7.04. Reports by Company and Subsidiary Guarantors 62 Section 8.01. [Reserved]. 62 Section 8.02. [Reserved]. 62 Section 8.03. [Reserved]. 62 Section 8.04. [Reserved]. 62
Trustee Reports. Promptly following any early redemption or purchase of, or any default in the payment of principal or interest in respect of, any of the Equipment Notes held in the Applicable Trust, the Trustee shall furnish to Applicable Certificateholders of record on such date a statement setting forth (x) the expected Pool Balances for each subsequent Regular Distribution Date, (y) the related Pool Factors for such Regular Distribution Dates and (z) the expected principal distribution schedule of the Equipment Notes, in the aggregate, held as Trust Property of such Applicable Trust at the date of such notice. With respect to the Applicable Certificates registered in the name of a Clearing Agency or its nominee, on any date on which the Trustee is required to a statement as provided above, the Trustee will request that such Clearing Agency post on its Internet bulletin board a securities position listing setting forth the names of all Clearing Agency Participants reflected on such Clearing Agency’s books as holding interests in the Applicable Certificates on such date. The Trustee will mail to each such Clearing Agency Participant the statement described above and will make available additional copies as requested by such Clearing Agency Participant for forwarding to holders of interests in the Applicable Certificates.
Trustee Reports. The Custodian shall assist the Fund's Treasurer in the preparation of quarterly reporting to the Fund's Trustees as required by applicable Rules under the 1940 Act and as agreed between the Custodian and the Fund from time to time.
Trustee Reports. (a) Within sixty days following the close of the Plan’s fiscal year or the close of any other period as may be agreed upon by the Trustee and the Administrator, including monthly, the Trustee will file with the Administrator a written accounting of the Trust Fund (the “Trust Statement”) setting forth a description of all securities and other property purchased and sold, all receipts, disbursements, and other transactions affected by it during that fiscal year or other designated period, and listing the securities and other property held by the Trustee at the end of such fiscal year or other designated period, together with their then fair market values.
(b) The Administrator may approve the Trust Statement by written notice of approval delivered to the Trustee or by failure to deliver to the Trustee express objections to the Trust Statement in writing within sixty days from the date upon which the Trust Statement was mailed or otherwise delivered to the Administrator.
(c) The Trust Statement will be deemed approved upon receipt by the Trustee of the Administrator’s written approval of the Trust Statement or upon the passage of the sixty day period of time, except for any matters covered by written objections that have been delivered to the Trustee by the Administrator and for which the Trustee has not given an explanation or made an adjustment satisfactory to the Administrator.
(d) If the Trust Statement is not settled as provided above, the Trustee, the Company or the Administrator will have the right to submit such controversy or disagreement to arbitration pursuant to Article 9.5, at the expense of the Trust Fund for a settlement of the accounting. Any determination by the arbitrator entered in such proceeding will be conclusive on all persons interested in the Trust Fund.
Trustee Reports. The Trustee shall furnish to the Retirement Board of Authority quarterly reports, as well as an annual statement of account, to be delivered within thirty (30) days after the end of each quarter and within sixty (60) days after the end of each calendar year, setting forth all contributions made to the Trust, including an account of the specific Fund to which such contributions were made, all withdrawals from each Fund and all transfers from the Trust Fund. For these purposes, unless otherwise stated on the Employer’s Adoption Agreement, the Employer’s fiscal year shall be considered as the 12-month period beginning every July 1 to June 30 of the following year.