Trust Accounting Sample Clauses

Trust Accounting. The Trust shall provide Kodak with an annual accounting. Upon reasonable request, but not more frequently than annually, DEC or the Trust shall provide a report to Kodak and any future Park owners which outlines EBP Environmental Response Actions completed in the preceding year and includes a projection of EBP Environmental Response Actions planned for the next year.

Trust Accounting. A general description of each of the above services is contained in Schedules B and C, respectively, to this Agreement.

Trust Accounting. To furnish to the Employer and to the Plan Administrator an annual (or more frequently as required by Applicable Law) statement of account showing the condition of the Trust Fund and all investments, receipts, disbursements and other transactions effected by the Trustee during the Plan Year covered by the statement and also stating the assets of the Trust held at the end of the Plan Year, which accounts are conclusive on all persons, including the Employer and the Plan Administrator, except as to any act or transaction concerning which the Employer or the Plan Administrator files with the Trustee written exceptions or objections within 90 days after the receipt of the accounts or for which ERISA authorizes a longer period within which to object. The Trustee also may agree with the Employer or Plan Administrator to provide the information described in this Section 8.02(C) more frequently than annually.

Trust Accounting. For this matter, if the Client obtains any settlement or award, whether the award results from a jury or bench trial in the Client’s favor, and the Firm maintains representation of the Client in this matter, then the Firm will deposit the settlement or award in a trust account for the benefit of the Client. The Firm will provide a financial breakdown of the Firm’s legal fees including, but not limited to, the Firm’s time, costs of litigation (i.e., court filing fees, depositions, etc.), and out-of-pocket expenses. Upon request, the Firm may provide additional documentation of the Client’s actual damages incurred by the Firm to substantiate the Firm’s deductions in the trust account accordingly.

Trust Accounting. For purposes of determining the value of assets in the Trust, the Trustee shall value such assets in accordance with the Trustee's procedures for determining fair market value as of any date for which such valuation or accounting is required and in accordance with the procedures for valuation of any interests in any collective investment trust described in Article VIII.

Trust Accounting. To furnish to the Employer and to the Plan Administrator an annual statement of account showing the condition of the Trust Fund and all investments, receipts, disbursements and other transactions effected by the Trustee during the Plan Year covered by the statement and also stating the assets of the Trust held at the end of the Plan Year, which statements are conclusive on all persons, including the Employer and the Plan Administrator, except as to any act or transaction concerning which the Employer or the Plan Administrator files with the Trustee written exceptions or objections within 90 days after the receipt of the statements or for which ERISA authorizes a longer period within which to object. The Trustee also may agree with the Employer or Plan Administrator to provide the information described in this Section 8.02(C) more frequently than annually.

Trust Accounting. (A) For purposes of this Trust and Section 643(b) of the Code and Act 340 of Michigan Compiled Acts, 1965, or its successors and supplements (the "Act"), the Income of the Trust shall be determined by: (1) making all determinations of gross income or receipts on the cash basis, irrespective of principles of tax accounting or generally accepted accounting principles; provided, that interest income on sales of assets held by the Trust shall be allocated to principal; (2) expenses and expenditures to be subtracted from gross income or receipts shall be the sum of (a) all expenses or expenditures, including the amounts necessary to repay principal, interest, make whole amount (if any) and other payments on any indebtedness; but not including the cost (other than compensation of the Trustee or its advisors and any investment counselor or broker) of the following charges paid from principal (i) investing and reinvesting principal, (ii) protecting or determining the amount of or identity of trust principal, (iii) one half of the cost of protecting or determining the amount of both the principal and income of the Trust, (iv) extraordinary expenses incurred in making capital additions to tangible property (rather than merely repairing or improving the property with a view towards maintaining its value or use), and (v) taxes on the sale of principal, in each case determined on the cash basis, irrespective of principles of tax accounting or generally accepted accounting principles (all of which are herein referred to as the "Expenses") and (b) any additional amount necessary to accrue, under generally accepted principles of accounting, Expenses for the period in question; provided, all Expenses shall be without duplication of any Expenses deducted in a prior period; (3) to the extent not prohibited by law, during the S Trust Period, Income shall be defined to be and shall be determined (including, without limitation, the making of elections, allocations of expenses, and choice of method of accounting) so that the amount of such Income is not in excess of the amount the Trust would be permitted to distribute in respect of its Equity Interests pursuant to Section 1009 of the Subordinated Trust Indenture and Section 6.15 of the Senior Trust Indenture; provided, however, that if the Trust shall have received a private letter ruling from the Internal Revenue Service that it is a grantor trust described in Section 1361(c)(2)(A)(i) of the Code, or its successors and supplem...

Trust Accounting. We operate a trust account. All money received from you or on your behalf will be held to your credit in our trust account. a) Payments out of the trust account will be made either to you or to others with your authority. Written authorisation from you (and if we are acting for more than one or other of you, from all of you) will be required when payment is to be made to a third party. Before making a payment to another account we may require verification of the account details by provision of (for example) a copy of a deposit slip, cheque or bank statement showing the account number, a signed authority from you including the bank account details, or a signed letter from the relevant financial institution providing bank account details. b) A full record of our trust account is kept at all times. A statement of trust account transactions detailing funds received and payments made on your behalf will be provided to you periodically and at any time upon your request. c) Unless it is not reasonable or practicable to do so, when we hold significant funds for you for more than a short period of time we will place them on call deposit with a bank registered under section 69 of the Reserve Bank of New Zealand Act 1989, subject to your having completed to the bank’s satisfaction any request for information relating to the deposit or certification required by the bank. Interest earned from call deposits, less withholding tax and an interest administration fee payable to us of % of the interest, will be credited to you.

Trust Accounting. (a) Annual Report. Prior to migration to MLII, within 60 days (or other reasonable period) following the close of the Plan Year, the Trustee shall provide the Administrator with an annual accounting of Trust assets and information to assist the Administrator in meeting ERISA's annual reporting and audit requirements. After migration to MLII, within 90 days (or other reasonable period) following the close of the Plan Year, the Trustee shall provide the Administrator with an annual accounting of Trust assets and information to assist the Administrator in meeting ERISA's annual reporting and audit requirements.

Trust Accounting. The Trustee shall account for the Trust’s assets, income, and expenses as required by applicable law and to maintain the Trust’s status as an organization described in Section 501(c)(3) of the Code.