Annual Valuations Clause Samples
Annual Valuations. The Trustee shall annually, at least 30 days prior to the anniversary date of the establishment of the Trust Fund, furnish to the Grantor and to the Director a statement confirming the value of the Trust Fund. Any securities in the Trust Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the Trust Fund. The failure of the Grantor to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the Director shall constitute a conclusively binding assent by the Grantor barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.
Annual Valuations. The Trustee shall annually, at least 30 days prior to the anniversary date of the establishment of the Trust Fund, furnish to the Grantor and to the Director a written statement of the current value of the Trust Fund. Any securities in the Trust Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the Trust Fund.
Annual Valuations. The TRUSTEE shall annually, at least 30 days prior to the anniversary date of establishment of the FUND, furnish to the GRANTOR and to the appropriate DIRECTOR a statement confirming the value of the Trust. Any securities in the FUND shall be valued at market value as of no more than 60 days prior to the anniversary date of establishment of the FUND. The failure of the GRANTOR to object in writing to the TRUSTEE within 90 days after the statement has been furnished to the GRANTOR and the DIRECTOR shall constitute a conclusively binding assent by the GRANTOR barring the GRANTOR from asserting any claim or liability against the TRUSTEE with respect to matters disclosed in the statement.
Annual Valuations. The Trustee shall annually, at least thirty (30) days prior to the an- niversary date of establishment of the Fund, furnish to the Grantor and to the Director of the Division of Waste Management in the Cabinet a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than sixty (60) days prior to the anniversary date of establishment of the Fund. The failure of the Grantor to object in writing to the Trustee within ninety (90) days after the statement has been furnished to the Grantor and the Director of the Division of Waste Management in the Cabinet shall constitute a conclusively binding assent by the Grantor, barring the Grantor from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.
Annual Valuations. The Trust- ee shall annually, at least 30 days prior to the anniversary date of establishment of the Fund, furnish to the Grantor and to the ap- propriate EPA Regional Administrator a statement confirming the value of the Trust. Any securities in the Fund shall be valued at market value as of no more than 60 days prior to the anniversary date of establish- ment of the Fund. The failure of the Grantor to object in writing to the Trustee within 90 days after the statement has been furnished to the Grantor and the EPA Regional Admin- istrator shall constitute a conclusively bind- ing assent by the Grantor barring the Grant- or from asserting any claim or liability against the Trustee with respect to matters disclosed in the statement.
Annual Valuations. Within 90 days after the end of each calendar year, the Partnership will provide to its pension/profit-sharing plan investors an annual valuation which may be used to satisfy the asset value requirements of ERISA.