Reports to Beneficiaries and Others. As soon as practicable after the end of each taxable year of the Trust and after termination of the Trust, the Trustee shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable year or upon termination and the receipts and disbursements of the Trustee for such taxable year or period, certified by an independent certified public accountant, (ii) any changes in the Trust Assets in the Trust which they have not previously reported, and (iii) any action taken by the Trustee in the performance of its duties under this Agreement which it has not previously reported and which, in its opinion, materially affects the Trust Assets. The Trustee may submit similar reports for such interim periods during the taxable year as it deems advisable or as may be required by the Securities and Exchange Commission. The taxable year of the Trust shall end on December 31 of each year unless the Trustee deems it advisable to establish some other date as the date on which the taxable year of the Trust shall end.
Reports to Beneficiaries. The Trustees shall publish an annual report to the Beneficiaries, and may also publish such other reports, bulletins or communications as the Trustees see fit.
Reports to Beneficiaries. (a) As soon as practicable after the Grant Date, the Trustees will mail to each Beneficiary a notice indicating how many Units such person beneficially owns and the Trustees’ addresses and other contact information.
(b) As soon as practicable after the end of each fiscal year of the Trust on a timeline as though the Trust were a non-accelerated filer of reports under the Securities Exchange Act of 1934, the Trust shall file an annual report under the cover of Form 10-K with the Commission showing the assets and liabilities of the Trust at the end of the applicable calendar year and the receipts and disbursements of the Trust for such period covered by the report. The annual report also will describe the changes in the assets of the Trust and the actions taken by the Trustees during such period covered by the report. The financial statements contained within such annual report need not be audited but will be prepared on a liquidation basis in accordance with generally accepted accounting principles. The Trust also will file interim reports on Form 8-K with the Commission whenever an event occurs for which a Form 8-K is required to be filed for the Trust or whenever, in the opinion of the Trustees, in their discretion, any other material event relating to the Trust or its assets has occurred.
(c) The tax year and the fiscal year of the Trust shall end on December 31 of each year.
Reports to Beneficiaries. The Trust shall submit to the Beneficiaries such reports as the Managing Trustee deems advisable. In addition, as soon as practicable after the close of each calendar year, the Managing Trustee, on behalf of the Trust, shall supply the Beneficiaries with information necessary for the Beneficiaries to satisfy any United States federal, state and local income tax obligations.
Reports to Beneficiaries. As soon as practicable after the end of each fiscal year of the Trust and after termination of the Trust, the Trustees shall submit a written report to the Beneficiaries (which report shall constitute the accounting of the Trust for such period) showing (i) the assets and liabilities of the Trust at the end of such fiscal year or upon termination and the receipts and disbursements of the Trustees for such fiscal year or period, (ii) any changes in the Trust Corpus which have not been previously reported, and (iii) any action taken by the Trustees in the performance of their duties under this Agreement of Trust which they have not previously reported and which, in their opinion, materially affects the Trust Corpus. The fiscal year of the Trust shall end on December 31 of each year unless the Trustees deem it advisable to establish some other date as the date on which the fiscal year of the Trust shall end.
Reports to Beneficiaries. (a) As soon as practicable after the Transfer Date, the Trustee will deliver, or cause to be delivered to each Beneficiary a notice indicating how many Units such Person beneficially owns and the contact details of the Trustee. As soon as practicable after the end of each tax year and after termination of the Trust, but in any event within 90 days after each such event, the Trustee shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable year or upon termination and the receipts and disbursements of the Trust for such taxable year or period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Assets and Liabilities that have not been previously reported, and (iii) any action taken by the Trustee in the performance of its duties under this Agreement that they have not previously reported, and which, in their opinion, materially affects the Trust Assets or Liabilities.
(b) Whenever a material event relating to the Trust Assets occurs, the Trustee shall, within a reasonable period of time after such occurrence, prepare and issue a publicly available report describing such event. The occurrence of a material event need not be reported if an annual report pursuant to Section 3.9(a) will be issued at approximately the same time that a report pursuant to this Section 3.9(b) would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee or as may be required by the rules and regulations promulgated by the Securities and Exchange Commission.
Reports to Beneficiaries. (a) As soon as practicable after the end of each fiscal year of the Trust and upon termination of the Trust, but in any event within 90 days after each such event, the Trustee shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such fiscal year or upon such termination and the receipts and disbursements of the Trustee for such period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Property not previously reported, (iii) statements of cash flow for such fiscal year and (iv) any action taken by the Trustee in the performance of its duties that it has not previously reported and which, in the opinion of the Trustee, materially affects the Trust Property.
(b) If a material event relating to the Trust’s assets has occurred, the Trustee shall submit a written report to the Beneficiaries describing such event promptly following the occurrence thereof. The occurrence of a material event will be determined solely by the Trustee or as may be required by the rules and regulations promulgated by the Securities and Exchange Commission.
(c) As soon as practicable after the close of each fiscal year, the Trustee shall supply the Beneficiaries a statement setting forth the amount of Trust taxable income that the Beneficiaries should include in their federal income tax returns.
Reports to Beneficiaries. (a) As soon as practicable after the Conversion Date, the Trustees will mail, or will cause to be mailed, to each Beneficiary a notice indicating how many Units such person beneficially owns and the names of Trustees and their contact information.
(b) As soon as practicable after the end of each fiscal year of the Trust on a timeline as though the Trust were a non-accelerated filer of reports under the Securities Exchange Act of 1934, as amended (the ”Exchange Act”) the Trust shall file an annual report on Form 10-K with the U.S. Securities and Exchange Commission (the ”Commission”) showing the assets and liabilities of the Trust at the end of the applicable calendar year and the receipts and disbursements of the Trust for such period covered by the report. The annual report also will describe the changes in the assets of the Trust and the actions taken by the Trustees during such period covered by the report. The financial statements contained within such annual report need not be audited but will be prepared on a liquidation basis in accordance with generally accepted accounting principles and will be reviewed by an independent registered public accounting firm. The Trust also will file current reports on Form 8-K with the Commission whenever an event occurs for which a Form 8-K is required to be filed for the Trust or whenever, in the opinion of the Trustees, in their discretion, any other material event relating to the Trust or its assets has occurred.
(c) The tax year and the fiscal year of the Trust shall end on December 31 of each year, unless the Trustees deem it advisable to establish some other date as the date on which the taxable year of the Trust shall end.
Reports to Beneficiaries. 15 6.1 Reports....................................................................................................... 15
Reports to Beneficiaries. Within 90 days after the each of each fiscal year of the Trust or as soon thereafter as practicable and upon termination of the Trust, the Administrator shall use its reasonable efforts to submit an annual report to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such calendar year or upon such termination and the receipts and disbursements of the Trust for such period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Property not previously reported, and (iii) any action taken by the Administrator in the performance of his duties that materially affects the Trust. Furthermore, within 90 days after the end of each calendar year and upon termination of the Trust, the Administrator shall use its reasonable efforts to supply the Beneficiaries with information necessary for the Beneficiaries to satisfy their United States federal, state and local income tax obligations. During the course of a calendar year, whenever a material event relating to the Trust Property occurs, the Administrator shall, within a reasonable period of time after such occurrence, use its reasonable efforts to prepare a report of such event and mail it to the Beneficiaries. The occurrence of a material event will be determined solely by the Administrator or as may be required by any applicable rules and regulations promulgated by the Securities and Exchange Commission. To the extent that the Trust files reports with the Securities and Exchange Commission (the "SEC"), the Administrator's obligations under this section may be met, in it sole discretion, by distributing to the Beneficiaries copies of the applicable sections of the Annual Report on Form 10-K and Current Reports on Form 8-K that the Trust files with the SEC.
