Financial and Status Reports Sample Clauses

Financial and Status Reports. Within 90 days after the calendar year-end following the Effective Date and for each calendar year end thereafter, and as soon as practicable upon termination of the Litigation Trust, the Litigation Trustee shall make available upon request to the Reorganized Debtors, agents for the Other Distributees and to each Beneficiary appearing on its records as of the end of such period or such date of termination a written report including: (i) financial statements of the Litigation Trust for such period, and, if the end of a calendar year, a report (which may be prepared by an independent certified public accountant employed by the Litigation Trustee) reflecting the result of such agreed upon procedures relating to the financial accounting administration of the Litigation Trust as proposed by the Litigation Trustee; (ii) a description of any action taken by the Litigation Trust which materially affects the Litigation Trust and of which notice has not previously been given to the holders of Litigation Trust Interests; and (iii) a description of the progress of liquidating Litigation Trust Assets and making distributions to Beneficiaries and any other material information relating to the Litigation Trust Assets and the administration of the Litigation Trust. The Litigation Trustee may post any such report on a web site maintained by the Litigation Trustee or electronically file it with the Bankruptcy Court in lieu of actual notice to the Other Distributees and to each Beneficiary (unless otherwise required by law). The Litigation Trustee may require the recipient of such information to agree to keep such information confidential pursuant to reasonable confidentiality provisions. Additionally, the Litigation Trustee shall provide the agents for the Other Distributees notice when the holders of Allowed General Unsecured Claims and Allowed 2015 Notes Claims have received aggregate distributions under the Plan, the Lender Litigation Settlement Agreement and the Lender Litigation Settlement Approval Order, the Creditor Trust, and this Litigation Trust sufficient to pay such holder 85% of the Allowed Base Claim Amounts in Cash and Class A Shares. Additional notices shall be provided upon such distributions achieving 90% and 95% of the Allowed Base Claim Amounts and upon the occurrence of the Excess Recovery Trigger Date.
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Financial and Status Reports. (a) The Managing General Partner shall cause the following reports to be issued at Partnership expense: (i) The Managing General Partner shall use reasonable efforts to cause to be issued to the Partners annual financial reports, in reasonable detail, which shall be prepared and audited by the Partnership's independent certified public accountants at Partnership expense, by February 15 the following the close of each year (including a balance sheet and income and expense statements, both on an Investment-by-Investment basis and on a consolidated basis, showing sources and uses of funds, cash on hand, distributions, changes in financial position, tax information, Undistributed Preferred Return, Invested Capital, Undistributed Highridge Subordinated Contributions, Undistributed Highridge Subordinated Return, and unrepaid Partner loans on a Partner-by-Partner basis). Such financial reports shall be prepared using GAAP, or such other method as shall be Approved by the Xxxx-Xxxx Limited Partner from time to time upon reasonable advance notice to the Managing General Partner; (ii) The Managing General Partner shall use reasonable efforts to cause to be issued to the Partners quarterly unaudited financial reports, in reasonable detail, within twenty-five (25) days after the close of each calendar quarter other than the fourth quarter of each year (commencing with the calendar quarter ending on June 30, 1998), internally prepared by the Managing General Partner and reviewed by the Partnership's accountants, including a balance sheet and income and expense statements, both on an Investment-by-Investment basis and on a consolidated basis (showing receipts on a tenant-by-tenant basis, and material defaults, to the extent requested by the Xxxx-Xxxx Limited Partner upon reasonable notice), sources and uses of funds, cash on hand, distributions, changes in financial position, Undistributed Preferred Return, Invested Capital, Undistributed Highridge Subordinated Contributions, Undistributed Highridge Subordinated Return, and unrepaid Partner loans; (iii) The Managing General Partner shall use reasonable efforts to cause to be issued to the Partners a monthly income and expense statement, in reasonable detail, internally prepared by the Managing General Partner on both an Investment-by-Investment and consolidated basis within twenty (20) days after the close of each month (including December), showing sources and uses of Partnership funds and changes in the Partnership's ...
Sample 1
Financial and Status Reports. The fiscal year of the Creditors’ Trust shall be the calendar year. Within 90 days after the end of the calendar year during the term of the Creditors’ Trust and within 45 days after the end of each calendar quarter during the term of the Creditors’ Trust and as soon as practicable upon termination of the Creditors’ Trust, the Creditors’ Trustee shall make available upon request to the Beneficiaries appearing on its records as of the end of such period or such date of termination a written report including: (i) financial statements of the Creditors’ Trust for such period, and, if the end of a calendar year, a report (which may be prepared by an independent certified public accountant employed by the Creditors’ Trustee) reflecting the result of such agreed upon procedures relating to the financial accounting administration of the Creditors’ Trust as proposed by the Creditors’ Trustee; (ii) a summary description of any action taken by the Creditors’ Trust which, in the judgment of the Creditors’ Trustee, materially affects the Creditors’ Trust and of which notice has not previously been given to the Beneficiaries; and (iii) a description of the progress of liquidating Creditors’ Trust Assets, resolving Claims in the DOF, and making distributions to Beneficiaries and any other material information relating to the Creditors’ Trust Assets and the administration of the Creditors’ Trust. The Creditors’ Trustee may post any such report on a web site maintained by the Creditors’ Trustee in lieu of actual notice to each Beneficiary (unless otherwise required by law).
Sample 1
Financial and Status Reports. The fiscal year of the Non-Released Party Trust shall be the calendar year. Within 90 days after the end of each calendar year during the term of the Non-Released Party Trust, and within 45 days after the end of each calendar quarter during (other than the fourth quarter) the term of the Non-Released Party Trust and as soon as practicable upon termination of the Non-Released Party Trust, the Non-Released Party Trustee shall make available upon request to the Non-Released Party Trust Beneficiaries appearing on its records as of the end of such period or such date of termination, a written report including: (i) unaudited financial statements of the Non-Released Party Trust for such period, and, if the end of a calendar year, an unaudited report (which may be prepared by an independent certified public accountant employed by the Non-Released Party Trustee) reflecting the result of such agreed-upon procedures relating to the financial accounting administration of the Non-Released Party Trust as proposed by the Non-Released Party Trustee; (ii) a summary description of any action taken by the Non-Released Party Trust which, in the judgment of the Non-Released Party Trustee, materially affects the Non-Released Party Trust and of which notice has not previously been given to the Non-Released Party Trust Beneficiaries, provided, that any such description shall not include any privileged or confidential information of the Non-Released Party Trustee; and (iii) a description of the progress of liquidating Non-Released Party Trust Assets and making distributions to the Non-Released Party Trust Beneficiaries and any other material information relating to the Non-Released Party Trust Assets and the administration of the Non-Released Party Trust deemed appropriate to be disclosed by the Non-Released Party Trustee, which description shall include a written report detailing, among other things, the litigation status of the Non- Released Party Trust Causes of Action transferred to the Non-Released Party Trust, any settlements entered into by the Non-Released Party Trust with respect to the Non-Released Party Trust Causes of Action, the proceeds recovered to date from the Non-Released Party Trust Assets, and the distributions made by the Non-Released Party Trust. In addition, the Non-Released Party Trust shall provide unaudited financial statements to each Non-Released Party Trust Beneficiary on a quarterly basis (which may be quarterly operating reports filed with the Bankru...
Sample 1
Financial and Status Reports. The fiscal year of the Distribution Trust shall be the calendar year. Within 90 days after the end of each calendar year during the term of the Distribution Trust, and within 45 days after the end of each calendar quarter during the term of the Distribution Trust, and as soon as practicable upon termination of the Distribution Trust, the Distribution Trustee shall make available upon request to the Reorganized Debtors and to each Beneficiary appearing on its records as of the end of such period or such date of termination a written report including: (i) financial statements of the Distribution Trust for such period, and, if the end of a calendar year, a report (which may be prepared by an independent certified public accountant employed by the Distribution Trustee) reflecting the result of such agreed upon procedures relating to the financial accounting administration of the Distribution Trust as proposed by the Distribution Trustee; (ii) a summary description of any action taken by the Distribution Trust which, in the judgment of the Distribution Trustee, materially affects the Distribution Trust and of which notice has not previously been given to the Beneficiaries; and (iii) a description of resolving the Claims in the DOF, the progress of liquidating Distribution Trust Assets and making distributions to Beneficiaries and any other material information relating to the Distribution Trust Assets and the administration of the Distribution Trust.
Sample 1
Financial and Status Reports. The Executive Director prepares semi-annual and annual reports that are provided to the Council at a regularly scheduled meeting. The reports provide budget expenditures to date and balances remaining in each budget classification.
Sample 1

Related to Financial and Status Reports

  • Status Reports The Grantee shall submit status reports quarterly, unless otherwise specified in the Attachments, on Exhibit A, Progress Report Form, to Department’s Grant Manager describing the work performed during the reporting period, problems encountered, problem resolutions, scheduled updates, and proposed work for the next reporting period. Quarterly status reports are due no later than twenty (20) days following the completion of the quarterly reporting period. For the purposes of this reporting requirement, the quarterly reporting periods end on March 31, June 30, September 30 and December 31. The Department will review the required reports submitted by Grantee within thirty (30) days.

  • FINANCIAL STATUS REPORTS (FSRS Except as otherwise provided, for contracts with categorical budgets, Grantee shall submit quarterly FSRs to System Agency by the last business day of the month following the end of each quarter for System Agency review and financial assessment. Grantee shall submit the final FSR no later than forty-five (45) calendar days following the end of the applicable term.

  • Status Report Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

  • Assessments of Compliance and Attestation Reports On and after January 1, 2006, the Master Servicer shall service and administer the related Mortgage Loans in accordance with all applicable requirements of the Servicing Criteria. The Master Servicer shall deliver to the Trustee and the Depositor on or before February 28 of each calendar year beginning in 2007, a report (an "Assessment of Compliance") reasonably satisfactory to the Trustee regarding the Master Servicer's assessment of compliance with the Servicing Criteria during the preceding calendar year as required by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB, which as of the date hereof, require a report by an authorized officer of the related Servicer that contains the following: (a) A statement by such officer of its responsibility for assessing compliance with the Servicing Criteria applicable to the Master Servicer; (b) A statement by such officer that such officer used the Servicing Criteria to assess compliance with the Servicing Criteria applicable to the Master Servicer; (c) An assessment by such officer of the Master Servicer's compliance with the applicable Servicing Criteria for the period consisting of the preceding calendar year, including disclosure of any material instance of noncompliance with respect thereto during such period, which assessment shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Master Servicer, that are backed by the same asset type as the Mortgage Loans; (d) A statement that a registered public accounting firm has issued an attestation report on the Master Servicer's Assessment of Compliance for the period consisting of the preceding calendar year; and (e) A statement as to which of the Servicing Criteria, if any, are not applicable to the Master Servicer, which statement shall be based on the activities it performs with respect to asset-backed securities transactions taken as a whole involving the Master Servicer, that are backed by the same asset type as the Mortgage Loans. Such report at a minimum shall address each of the Servicing Criteria specified on a certification substantially in the form of Exhibit CC hereto delivered to the Trustee and the Depositor concurrently with the execution of this Agreement. On or before February 28 of each calendar year beginning in 2007, the Master Servicer shall furnish to the Trustee and the Depositor a report (an "Attestation Report") by a registered public accounting firm that attests to, and reports on, the Assessment of Compliance made by the Master Servicer, as required by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122(b) of Regulation AB, which Attestation Report must be made in accordance with standards for attestation reports issued or adopted by the Public Company Accounting Oversight Board. The Master Servicer shall cause any subservicer, and each subcontractor determined by the Master Servicer to be "participating in the servicing function" within the meaning of Item 1122 of Regulation AB, to deliver to the Trustee and the Depositor an assessment of compliance and accountants' attestation. If the Master Servicer cannot deliver the related Assessment of Compliance or Attestation Report by February 28th of such year, the Trustee, at its sole option, may permit a cure period for the Master Servicer to deliver such Assessment of Compliance or Attestation Report, but in no event later than March 10th of such year. The Trustee shall also provide an Assessment of Compliance and Attestation Report, as and when provided above, which shall at a minimum address each of the Servicing Criteria specified on Exhibit N hereto which are indicated as applicable to the "trustee" or "securities administrator." In addition, the Trustee shall cause the Custodian to deliver to the Trustee and the Depositor an Assessment of Compliance and Attestation Report, as and when provided above, which shall at a minimum address each of the Servicing Criteria specified on Exhibit N hereto which are indicated as applicable to a "custodian." Notwithstanding the foregoing, as to any Custodian, an Assessment of Compliance is not required to be delivered unless it is required as part of a Form 10-K with respect to the Trust Fund. Failure of the Master Servicer to timely comply with this Section 3.20 shall be deemed an Event of Default, automatically, without notice and without any cure period, and the Trustee may, in addition to whatever rights the Trustee may have under this Agreement and at law or equity or to damages, including injunctive relief and specific performance, terminate all the rights and obligations of the Master Servicer under this Agreement and in and to the Mortgage Loans serviced by it and the proceeds thereof without compensating the Master Servicer for the same. This paragraph shall supercede any other provision in this Agreement or any other agreement to the contrary.

  • General Reporting Requirements The MA-PD Sponsor agrees to submit to information to CMS according to 42 CFR §§423.505(f), 423.514, and the “Final Medicare Part D Reporting Requirements,” a document issued by CMS and subject to modification each program year.

  • Certain Reports Promptly upon their becoming available and without duplication of any obligations with respect to any such information that is otherwise required to be delivered under the provisions of any Loan Document, copies of (i) following an initial public offering, all financial statements, reports, notices and proxy statements sent or made available generally by Holdings or its applicable Parent Company to its security holders acting in such capacity and (ii) all regular and periodic reports and all registration statements (other than on Form S-8 or a similar form) and prospectuses, if any, filed by Holdings or its applicable Parent Company with any securities exchange or with the SEC or any analogous governmental or private regulatory authority with jurisdiction over matters relating to securities; and

  • Compliance Reports The Subadvisor at its expense will provide the Advisor with such compliance reports relating to its duties under this Agreement as may be agreed upon by such parties from time to time.

  • Accounting Reports (a) By February 20 of each calendar year the General Partner shall provide to the Limited Partner and the Special Limited Partner all tax information necessary for the preparation of their federal and state income tax returns and other tax returns with regard to the jurisdiction(s) in which the Partnership is formed and in which the Apartment Housing is located. (b) By March 1 of each calendar year the General Partner shall send to the Limited Partner and the Special Limited Partner: (1) a balance sheet as of the end of such fiscal year and statements of income, Partners' equity and changes in cash flow for such fiscal year prepared in accordance with generally accepted accounting principles and accompanied by an auditor's report containing an opinion of the Partnership's Accountants; (2) a report (which need not be audited) of any Distributions made at any time during the fiscal year, separately identifying Distributions from Net Operating Income for the fiscal year, Net Operating Income for prior years, Sale or Refinancing Proceeds, and reserves; and (3) a report setting forth the amount of all fees and other compensation and Distributions and reimbursed expenses paid by the Partnership for the fiscal year to the General Partner or Affiliates of the General Partner and the services performed in consideration therefor, which report shall be verified by the Partnership's Accountants, with the method of verification to include, at a minimum, a review of the time records of individual employees, the costs of whose services were reimbursed, and a review of the specific nature of the work performed by each such employee, all in accordance with generally accepted auditing standards and, accordingly, including such tests of the accounting records and such other auditing procedures as the Accountants consider appropriate in the circumstances. (c) Within 60 days after the end of each fiscal quarter in which a Sale or Refinancing of the Apartment Housing occurs, the General Partner shall send to the Limited Partner and the Special Limited Partner a report as to the nature of the Sale or Refinancing and as to the Income and Losses for tax purposes and proceeds arising from the Sale or Refinancing.

  • Financial Statements; Accountants’ Reports; Other Information The Guarantor shall keep and maintain at all times complete and accurate books of accounts and records in sufficient detail to correctly reflect all of the Guarantor’s financial transactions and assets. In addition, the Guarantor shall furnish, or cause to be furnished, to the Lender the following: (i) So long as Guarantor is a reporting company under the Securities and Exchange Act of 1934 (the “’34 Act”), promptly upon their becoming available, copies of (A) all 10K’s, 10Q’s, 8K’s, annual reports and proxy statements, and all replacement, substitute or similar filings or reports required to be filed after the date of this Guaranty by the SEC or other Governmental Authority exercising similar functions, and (B) all press releases and other statements made available generally by Guarantor to the public concerning material developments in the business of Guarantor. (ii) In the event Guarantor is not a reporting company under the ‘34 Act,

  • Transaction Reports Subadviser shall provide Investment Manager a daily trade file with information relating to all transactions concerning the allocated portion of the Fund’s assets for which Subadviser is responsible and shall provide Investment Manager with such other information regarding the Fund upon Investment Manager’s reasonable request. Subadviser shall affirm or send a trade file of these transactions as instruction to the custodian of the Fund.

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