Reports by Trustee to Noteholders. Within 60 days after the reporting date stated in Section 12.10, the Trustee shall mail to Noteholders a brief report dated as of such reporting date that complies with TIA ss. 313(a) if and to the extent required by such ss. 313(a). The Trustee also shall comply with TIA ss. 313(b)(2). The Trustee shall also transmit by mail all reports as required by TIA ss. 313(c). A copy of each report at the time of its mailing to Noteholders shall be filed with the SEC and each stock exchange on which the Securities are listed. The Company shall notify the Trustee when the Securities are listed on any stock exchange and of any delisting thereof.
Reports by Trustee to Noteholders. To the extent required by the Trust Indenture Act, within 60 days after each October 15, following the date of this Indenture, the Trustee shall mail to the Insurer and to Noteholders a brief report dated as of such reporting date that complies with Trust Indenture Act Section 313(a), if such a report is required pursuant to Trust Indenture Act Section 313(a). The Trustee also shall comply with Trust Indenture Act Section 313(b). The Trustee shall also transmit by mail all reports as required by Trust Indenture Act Section 313(c). A copy of each such report required under Trust Indenture Act Section 313 shall, at the time of such transmission to Noteholders be filed with the Commission and with each stock exchange or other market system on which the Notes are listed. The Issuer or any other obligor upon the Notes shall notify the Trustee in writing if the Notes become listed on any stock exchange or market trading system.
Reports by Trustee to Noteholders. Within thirty (30) days after each twelve (12) month interval beginning with the date of this Note Agreement, the Trustee shall mail to each Noteholder a brief report that complies with TIA Section 313(a), if required by such Section 313(a). The Trustee also shall comply with TIA Section 313(b). A copy of each report at the time of its mailing to Noteholders shall be filed with the SEC and each securities exchange on which the Notes are listed. The Debtor agrees to promptly notify the Trustee whenever the Notes become listed on any securities exchange and of any delisting thereof.
Reports by Trustee to Noteholders. At least three Business Days prior to each Monthly Payment Date, the Servicer shall prepare and deliver to the Trustee and the Rating Agency for distribution to each Noteholder, and, upon receipt thereof from the Servicer, the Trustee shall deliver to each Noteholder, a statement setting forth for the related Collection Period the following information (which in the case of items (ii), (iii) and (iv) shall be based on a Note in a principal amount of $1,000):
(i) the total amount available in the Collection Account on the Monthly Payment Date;
(ii) the amount of the distribution allocable to principal, including Overdue Monthly Principal, on each of the Notes;
(iii) the amount of the distribution allocable to interest, including any Overdue Monthly Interest, on each of the Notes, and each Swap Payment Amount, the Hedge Proceeds and each Swap Termination Amount (if any) for such Monthly Payment Date;
(iv) the Servicing Fee, including any overdue Servicing Fee;
(v) the Pool Balance as of the end of the related Collection Period;
(vi) the Available Reserve Amount, after giving effect to any deposit or withdrawal from the Reserve Account with respect to such Monthly Payment Date, and specifying the amount of each such deposit or withdrawal, and such Available Reserve Amount expressed as a percentage of the Pool Balance and any change in the Required Reserve Amount;
(vii) the total Principal Balance of Defaulted Contracts as of the last day of the related Collection Period;
(viii) the Senior Note Principal Balance and Subordinated Note Principal Balance as of such Monthly Payment Date (after giving effect to any distributions on such Monthly Payment Date);
(ix) the Three-Month Average Delinquency Ratio as of the last day of the end of the related Collection Period and the Delinquency Ratio as of the last day of the related Collection Period;
(x) the Three-Month Average Default Ratio as of the last day of the related Collection Period and the Default Ratio as of the last day of the related Collection Period;
(xi) the amount of all prepayments in full of the Contracts as of the end of the related Collection Period;
(xii) the aggregate Payahead Amount with respect to the Contracts as of the end of the related Collection Period;
(xiii) the past due experience of the Contracts (with respect to the different aging categories set forth in the Confidential Private Placement Memorandum dated February 1998, as amended and supplemented by the Company as of the Closing Date...
Reports by Trustee to Noteholders. On each Payment Date the Trustee shall deliver to the Noteholders a written report based upon the Payment Date Statement for such Payment Date as reviewed by a firm of Independent Accountants pursuant to Section 8.06(b) setting forth the amount of such payment which represents principal and the amount which represents interest (in each case on a per Individual Note basis), and the principal amount of an Individual Note after giving effect to the payment of principal made on such Payment Date.
Reports by Trustee to Noteholders. As promptly as practicable after each June 30 beginning with the June 30 following the first anniversary of the date of this Indenture, and in any event prior to August 31 in each subsequent year, the Trustee shall, to the extent that any of the events described in TIA ss. 313(a) occurred within the previous twelve months, but not otherwise, mail to each Noteholder a brief report dated as of June 30 that complies with Section 313(a) of the TIA. The Trustee shall also comply with Section 313(b) of the TIA. A copy of each report at the time of its mailing to Noteholders shall be filed with the SEC and each stock exchange (if any) on which the Notes are listed. The Company agrees to notify promptly the Trustee whenever the Notes become listed on any stock exchange and of any delisting thereof.
Reports by Trustee to Noteholders. As promptly as practicable after each May 15, beginning with the May 15 following the date of this Indenture, and in any event prior to July 15 in each year, the Trustee shall mail to each Noteholder a brief report dated as of May 15 of such year that complies with TIA Section 313(a). The Trustee also shall comply with TIA Section 313(b)(1) and (2). A copy of such report at the time of its mailing to Noteholders shall be filed with the SEC and each stock exchange, if any, on which the Timber Notes are listed. The Issuer agrees to notify the Trustee whenever the Timber Notes become listed on any stock exchange and of any delisting thereof.
Reports by Trustee to Noteholders. Within 60 days after the reporting date stated in Section 12.10, the Trustee shall mail to Noteholders a brief report dated as of such reporting date that complies with Trust Indenture Act ss. 313(a) if and to the extent required by such ss.313(a). The Trustee also shall comply with Trust Indenture Act ss. 313(b)(2) and shall transmit by mail all reports as required by Trust Indenture Act ss. 313(c). A copy of each report at the time of its mailing to Noteholders shall be filed with the SEC and each stock exchange on which the Securities are listed. The Company shall notify the Trustee when the Securities are listed on any stock exchange.
Reports by Trustee to Noteholders. (a) On each Payment Date the Trustee shall account to each Holder of Notes and to Fitch on which payments of principal and interest are then being made the amount which represents principal and the amount which represents interest, and shall contemporaneously advise the Issuer of all such payments. The Trustee may satisfy its obligations under this Section 12.04 by delivering the Monthly Servicer's Report to each such Holder of the Notes, Fitch and the Issuer. On or before the 10th day prior to the Final Payment Date, the Trustee shall provide notice to Fitch and to the Holders of the Notes of the Final Payment Date. Such notice shall include a statement that if the Notes are paid in full on the Final Payment Date interest shall cease to accrue as of the last day preceding the date on which such Final Payment Date occurs.
(b) The Issuer shall, on a monthly basis beginning on the first Calculation Date, confirm the credit rating or, if more than one credit rating has been assigned, each such credit rating of each institution in which funds are invested pursuant to clause (vi) of the -68- 74 definition of Eligible Investments and shall promptly notify the Trustee and the Noteholders if any such credit rating has been lowered.
(c) At least annually, the Trustee shall distribute to Noteholders any Form 1099 or similar information returns required by applicable tax law to be distributed to the Noteholders and received in accordance with the next sentence. The Trustee shall prepare or cause to be prepared all such information for distribution by the Trustee to the Noteholders.
Reports by Trustee to Noteholders. As promptly as practicable after each May 15 beginning with the May 15 following the date of this Indenture, but only upon the occurrence within the previous 12 months of any events specified in TIA ss. 313(a), the Trustee shall mail to each Noteholder a brief report dated as of May 15 that complies with TIA ss. 313(b). A copy of each report at the time of its mailing to Noteholders shall be filed with the SEC (if applicable) and each stock exchange (if any) on which the Notes are listed. The Company agrees to notify promptly the Trustee whenever the Notes become listed on any stock exchange and of any delisting thereof.
