GUC Trust Reports. (a) The GUC Trust Administrator shall prepare quarterly GUC Trust Reports as provided in this Section 6.2, beginning for the first calendar quarter. The GUC Trust Reports shall be filed with the Bankruptcy Court and provided to the GUC Trust Monitor and DIP Lenders no later than thirty days following the end of each calendar quarter, except that the GUC Trust Report for the end of any calendar year may be filed, provided and posted no later than forty-five days following the end of the calendar year. The GUC Trust Administrator shall arrange to have each GUC Trust Report posted to a generally accessible website at the time it is filed with the Bankruptcy Court and shall take reasonable steps to inform the beneficial holders of Units of the existence of the website and the availability of the GUC Trust Reports thereon. (b) The GUC Trust Reports shall include financial statements consisting of: (i) a statement of net assets as of the end of the calendar quarter or calendar year for which the report is made and as of the end of the next preceding calendar year; (ii) a statement of changes in net assets for the calendar quarter or calendar year for which the report is made and for the comparable period of the next preceding calendar year; and (iii) a statement of cash flows for the calendar quarter or calendar year for which the report is made and for the comparable period of the next preceding calendar year. The financial statements shall be prepared in accordance with generally accepted accounting principles except as may be indicated in the notes thereto, and need not be audited except for the calendar year financial statements. (i) The GUC Trust Reports shall also disclose each of the following amounts outstanding at the time or times, or for the period or periods, as applicable, and/or the changes thereto, as indicated below:
Appears in 3 contracts
Samples: Guc Trust Agreement (Motors Liquidation Co), Trust Agreement, Trust Agreement
GUC Trust Reports. (a) The GUC Trust Administrator shall prepare quarterly GUC Trust Reports as provided in this Section 6.2, beginning for the first calendar fiscal quarter. The GUC Trust Reports shall be filed with the Bankruptcy Court and provided to the GUC Trust Monitor and DIP Lenders no later than thirty forty-five days following the end of each calendar fiscal quarter, except that the GUC Trust Report for the end of any calendar fiscal year may be filed, provided and posted no later than forty-five ninety days following the end of the calendar fiscal year. The GUC Trust Administrator shall arrange to have each GUC Trust Report posted to a generally accessible website at the time it is filed with the Bankruptcy Court and shall take reasonable steps to inform the beneficial Registered holders of Units of the existence of the website and the availability of the GUC Trust Reports thereon.
(b) The GUC Trust Reports shall include financial statements consisting of:
(i) a statement of net assets as of the end of the calendar fiscal quarter or calendar year for which the report is made and as of the end of the next preceding calendar year;
(ii) a statement of changes in net assets for the calendar quarter or calendar fiscal year for which the report is made and for the comparable period of the next preceding calendar fiscal year; and;
(iiiii) a statement of cash flows changes in net assets for the calendar fiscal quarter or calendar fiscal year for which the report is made and for the comparable period of the next preceding calendar fiscal year; and
(iii) a statement of cash flows for the fiscal quarter or fiscal year for which the report is made and for the comparable period of the next preceding fiscal year. The financial statements shall be prepared in accordance with generally accepted accounting principles except as may be indicated in the notes thereto, and need not be audited except for the calendar fiscal year financial statements.
(i) The GUC Trust Reports shall also disclose each of the following amounts outstanding at the time or times, or for the period or periods, as applicable, and/or the changes thereto, as indicated below:
Appears in 3 contracts
Samples: Trust Agreement (Motors Liquidation Co), Trust Agreement (Motors Liquidation Co), Guc Trust Agreement (Motors Liquidation Co)
GUC Trust Reports. (a) The GUC Trust Administrator shall prepare quarterly GUC Trust Reports as provided in this Section 6.2, beginning for the first calendar fiscal quarter. The GUC Trust Reports shall be filed with the Bankruptcy Court and provided to the GUC Trust Monitor and DIP Lenders no later than thirty days following the end of each calendar fiscal quarter, except that the GUC Trust Report for the end of any calendar fiscal year may be filed, provided and posted no later than forty-five days following the end of the calendar fiscal year. The GUC Trust Administrator shall arrange to have each GUC Trust Report posted to a generally accessible website at the time it is filed with the Bankruptcy Court and shall take reasonable steps to inform the beneficial Registered holders of Units of the existence of the website and the availability of the GUC Trust Reports thereon.
(b) The GUC Trust Reports shall include financial statements consisting of:
(i) a statement of net assets as of the end of the calendar fiscal quarter or calendar year for which the report is made and as of the end of the next preceding calendar year;
(ii) a statement of changes in net assets for the calendar quarter or calendar fiscal year for which the report is made and for the comparable period of the next preceding calendar fiscal year; and;
(iiiii) a statement of cash flows changes in net assets for the calendar fiscal quarter or calendar fiscal year for which the report is made and for the comparable period of the next preceding calendar fiscal year; and
(iii) a statement of cash flows for the fiscal quarter or fiscal year for which the report is made and for the comparable period of the next preceding fiscal year. The financial statements shall be prepared in accordance with generally accepted accounting principles except as may be indicated in the notes thereto, and need not be audited except for the calendar fiscal year financial statements.
(i) The GUC Trust Reports shall also disclose each of the following amounts outstanding at the time or times, or for the period or periods, as applicable, and/or the changes thereto, as indicated below:
Appears in 2 contracts
Samples: Guc Trust Agreement (Motors Liquidation Co), Trust Agreement