Reporting Duties. The Trustee or Insurer of a Xxxx XXX shall furnish annual calendar year reports concerning the status of the account as well as information concerning required minimum distributions as is prescribed by the Commissioner of Internal Revenue. The Trustee or Insurer, as applicable, shall be subject to the reporting requirements of Code Section 408(i) with respect to all Deemed IRAs that are established and maintained under the Plan.
Reporting Duties. The Trustee or issuer as applicable shall be subject to the reporting requirements of Code Section 408(i) with respect to all IRAs that are established and maintained under the Plan.
Reporting Duties. (i) Subject to definitive guidance from the Internal Revenue Service or a court of competent jurisdiction to the contrary (including the receipt by the Trustees of a private letter ruling if the Trustees so request one, or the receipt of an adverse determination by the Internal Revenue Service upon audit if not contested by the Trustees), the Trustees shall file returns for the Plan Trust as a grantor trust pursuant to Treasury Regulations Section 1.671-4(a). Within seventy-five (75) days following the end of each calendar year or as soon as practicable thereafter, the Trustees shall also annually send to each Beneficiary a separate statement setting forth the holder’s share of items of income, gain, loss, deduction, or credit, if any, and will instruct all such holders to report such items on their federal income tax returns or to forward the appropriate information to the holders with instructions to report such items on their federal income tax returns.
(ii) Allocations of Plan Trust taxable income shall be determined by reference to the manner in which an amount of cash equal to such taxable income would be distributed (without regard to any restrictions on distributions described herein) if, immediately prior to such deemed distribution, the Plan Trust had distributed all of its other assets (valued for this purpose at their tax book value) to the holders of the Interests, taking into account all prior and concurrent distributions from the Plan Trust. Similarly, taxable loss of the Plan Trust shall be allocated by reference to the manner in which an economic loss would be borne immediately after a liquidating distribution of the remaining assets of the Plan Trust. The tax book value of the assets of the Plan Trust for this purpose shall equal their fair market value on the date the Plan Trust was created or, if later, the date such assets were acquired by the Plan Trust, adjusted in either case in accordance with tax accounting principles prescribed by the IRC, the Treasury Regulations and other applicable administrative and judicial authorities and pronouncements.
(iii) The Trustees may request an expedited determination of taxes of the Plan Trust under section 505(b) of the Bankruptcy Code for all returns filed for, or on behalf of, the Plan Trust for all taxable periods through the dissolution of the Plan Trust.
(iv) The Trustees shall file (or cause to be filed) any other statements, returns or disclosures relating to the Plan Trust that are requi...
Reporting Duties. The second sentence of Section 2.3(a) of the Employment Agreement will be replaced in its entirety with the following sentence: The Employee will initially report directly to the Chief Executive Officer and, when a Chief Financial Officer is hired, directly to the Chief Financial Officer or to such other Person as the Chief Executive Officer or Chief Financial Officer shall decide.
Reporting Duties. 1. The MA shall submit the annual report and final report on implementation of the Programme to the European Commission in accordance with the requirements set out in Article 67 of the General Regulation. Before submitting reports to the European Commission, the MA shall transmit the reports to the MC for approval as set out in Article 65 lit d of the General Regulation.
2. In compliance with Article 68 of the General Regulation the European Commission and the MA shall annually examine the Programme implementation taking into consideration the results achieved in the previous year. One representative of each MC national delegation, can take part in these review meetings. Should the European Commission make any comments, the MC will be informed and decisions shall be taken on how to respond to these comments. The Commission will be informed about any MC’s decisions by the MA.
3. The MA shall inform the MC about the annual control report as set out in Article 65 lit e of the General Regulation.
Reporting Duties. (a) Federal Income Tax. The "taxable year" of this Agreement shall be the "calendar year" as those terms are defined in Section 441 of the Internal Revenue Code. The Trustee shall file returns for this Trust. Agreement as a grantor trust pursuant to Treas. Reg. § 1.671-4(a). The Trustee shall annually (within seventy-five (75) days after the end of each calendar year) send to each Trust Beneficiary a separate statement setting forth the Beneficiary's share of items of income, gain, loss, deduction, or credit and will instruct all such Trust Beneficiaries to report such items on their federal income tax returns. Such a statement shall also be sent within sixty (60) days of the dissolution of this Distribution Trust. This Distribution Trust's taxable income, gain, loss, deduction, or credit will be allocated to the Trust Beneficiaries in accordance with their relative beneficial interests in this Distribution Trust.
Reporting Duties. 75 10. Liability for Assumed Claims and Expenses of Settlement Facility and Litigation Facility....................... 76 11.
Reporting Duties. Agent will report to MotivHealth as soon as possible, but no later than five (5) days, after Agent knows of a Prohibited Use or a Security Incident. For reporting purposes under this provision, Agent does not need to report as a Security Incident any unsuccessful attempt to gain access to the PHI.
Reporting Duties. Agent will report to SelectHealth as soon as possible, but no later than five ( 5 ) days, after Agent knows of a Prohibited Use or a Security Incident. For reporting purposes under this Section 6.8, Agent does not need to report as a Security Incident any unsuccessful attempt to gain access to the PHI. Examples of unsuccessful attempts to gain access to the PHI include, but are not limited to, pings, and other broadcast attacks on Agent’s firewall, port scans, log-on attempts, denials of service, and any combination of the above. This reporting duty does not relieve Agent in any degree of its duty to safeguard the PHI and to prevent any Prohibited Use and any Security Incident.
Reporting Duties. Business Associate shall notify DTS of any breach, security incident or use or disclosure of PHI not provided for by this Agreement without unreasonable delay but no later than twenty-four (24) hours from discovery. In addition, Business Associate shall submit a report in writing within three (3) business days to include the following information: Description of the incident; Date of the incident and the date the incident was discovered; Specific description of the elements of PHI (name, social security number, date of birth, etc.) involved; Identification of who received PHI or who may potentially have received PHI; Identification of the individuals whose PHI has been, or is reasonably believed to have been, accessed, acquired, used, or disclosed during the incident; Identification of the individual(s) or entity(ies) who may be responsible for the Breach; Steps Business Associate and Its subcontractor or agents have taken and are taking to investigate, mitigate, and prevent continuing or further incidents; and
