Reports to Unit Holders Sample Clauses

Reports to Unit Holders. As promptly as practicable following the end of each calendar year of the Trust, but no later than 90 days following the end of each calendar year, the Trustee shall mail to each Person who was a Unit Holder of record at any time during such calendar year a report containing sufficient information to enable Unit Holders to make all calculations necessary for federal and Alaska tax purposes, including the calculation of any depletion deduction which may be available to them for such calendar year. As promptly as practicable following the end of each Quarter during the term of the Trust, but no later than 60 days following the end of each such Quarter, the Trustee shall mail to each Person who was a Unit Holder of record on the Quarterly Record Date immediately preceding the distribution of such report a report showing in reasonable detail on a cash basis the assets and liabilities, receipts and disbursements and income and expenses of the Trust and the Royalty Production (as that term is defined in the overriding Royalty Conveyance) for such Quarter. Within 90 days following the end of each calendar year (or at such earlier time as may be required by any stock exchange on which the Units are listed), the Trustee shall mail to each Person who was a Unit Holder of record on the Quarterly Record Date immediately preceding the distribution of such report an annual report containing (a) financial statements audited by a nationally recognized firm of independent public accountants retained by the Trust for such purposes, (b) a certification by such firm stating whether or not all fees and expenses paid by the Trust to the Trustee from the beginning of such calendar year through the first Quarterly Record Date in the next following year were calculated and paid in accordance with this Agreement and setting forth any exceptions as may be noted by such firm, (c) such information as the Trustee deems appropriate from a letter of the Independent Accountants (as such term is defined in the Overriding Royalty Conveyance) which has been provided to the Trustee stating whether or not, based on procedures set forth in detail in such letter (i) the Company has complied in all material respects with the terms and provisions of the Overriding Royalty Conveyance, Article Three and Article Four, Sections 4.1 to 4.7 inclusive, and comparable provisions of any Additional Conveyance, and (ii) the amounts payable to the Trust in respect of the Royalty Interest have been accurately ...
Sample 1
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Reports to Unit Holders. As promptly as practicable following the end of each calendar year of the Trust, but no later than 90 days following the end of each calendar year, the Trustee shall mail to each Person who was a Unit Holder of record at any time during such calendar year a report containing sufficient information to enable Unit Holders to make all calculations necessary for federal and Alaska tax purposes, including the calculation of any depletion deduction which may be available to them for such calendar year. As promptly as practicable following the end of each Quarter during the term of the Trust, but no later than 60 days following the end of each such Quarter, the Trustee shall mail to each Person who was a Unit Holder of record on the Quarterly Record Date immediately preceding the distribution of such report a report showing in reasonable detail on a cash basis the assets and liabilities, receipts and disbursements and income and expenses of the Trust and the Royalty Production (as that term is defined in the overriding Royalty Conveyance) for such Quarter.
Sample 1
Reports to Unit Holders. As promptly as practicable following the end of each calendar quarter, the Trustee shall mail to each Person who was a Unit Holder of record on a Monthly Record Date during such quarter a report which shall show in reasonable detail such information as is necessary to permit holders of units to make all calculations necessary for tax purposes including depletion, and which shall show the assets and liabilities and receipts and disbursements of the Trust for such quarter and for each month in such quarter. Within 90 days following the end of each fiscal year, the Trustee shall mail, to each Person of record on a date to be selected by the Trustee, an annual report containing financial statements audited by a nationally recognized firm of independent public accountants selected by the Trustee. Notwithstanding the foregoing, the Trustee will furnish to the Unit Holders such reports, in such manner, as are at any time required by law or by regulations of any stock exchange on which the Units are listed.
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Reports to Unit Holders 
Sample 1

Related to Reports to Unit Holders

  • Reports to Unitholders The Partnership will make generally available to its unitholders and to the Representatives an earnings statement or statements of the Partnership and its subsidiaries which will satisfy, on a timely basis, the provisions of Section 11(a) of the Act and Rule 158 under the Act.

  • Reports to Members (a) The books of account and records of the Company shall be audited as of the end of each Fiscal Year by the Company’s independent public accountants.

  • Reports to Holders Whether or not required by the rules and regulations of the SEC, so long as any Notes are outstanding, the Company will furnish the Holders and the Trustee:

  • Reports to Shareholders The Trustees shall at least semi-annually submit to the Shareholders of each Series a written financial report of the transactions of the Trust and Series thereof, including financial statements which shall at least annually be certified by independent public accountants.

  • Reports to Owner We will send you a report at least once during each Contract Year. The report will show the Accumulation Value and the Cash Surrender Value as of the end of the Contract Processing Period. The report will also show the allocation of the Accumulation Value as of such date and the amounts deducted from or added to the Accumulation Value since the last report. The report will also include any information that may be currently required by the insurance supervisory official of the jurisdiction in which the Contract is delivered. We will also send you copies of any shareholder reports of the portfolios in which the Divisions of the Variable Separate Account invest, as well as any other reports, notices or documents required by law to be furnished to Owners.

  • Reports to Owners Promptly upon their distribution, copies of all financial statements, reports and proxy statements which the Borrower shall have sent to its Owners.

  • Reports to Limited Partners (a) As soon as practicable after the close of each fiscal quarter (other than the last quarter of the fiscal year), the General Partner shall cause to be mailed to each Limited Partner a quarterly report containing financial statements of the Partnership, or of the General Partner if such statements are prepared solely on a consolidated basis with the General Partner, for such fiscal quarter, presented in accordance with generally accepted accounting principles. As soon as practicable after the close of each fiscal year, the General Partner shall cause to be mailed to each Limited Partner an annual report containing financial statements of the Partnership, or of the General Partner if such statements are prepared solely on a consolidated basis with the General Partner, for such fiscal year, presented in accordance with generally accepted accounting principles. The annual financial statements shall be audited by accountants selected by the General Partner.

  • Reports to SEC and to Shareholders Promptly upon the filing or sending thereof, copies of all regular, periodic or special reports of the Parent or any Subsidiary filed with the SEC (excluding exhibits thereto, provided that the Company shall promptly deliver any such exhibit to the Administrative Agent or any Lender upon request therefor); copies of all registration statements of the Parent or any Subsidiary filed with the SEC; and copies of all proxy statements or other communications made to shareholders generally concerning material developments in the business of the Parent or any Subsidiary.

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