CONFIRMATIONS AND STATEMENTS OF ACCOUNT Clause Samples

CONFIRMATIONS AND STATEMENTS OF ACCOUNT. Fund Services shall assist the Transfer Agent to prepare and mail to each Shareholder at his address as set forth on the transfer books of the Trust such confirmations of the Trust for each purchase or sale of Shares by each Shareholder and periodic statements of such Shareholder's account with the Trust as may be specified from time to time by the Trust.
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CONFIRMATIONS AND STATEMENTS OF ACCOUNT. Once your order is executed, you will receive a written confirmation (a confirmation is not an invoice) of every transaction. This confirmation will contain information concerning your transaction, including the quantity, name of the security, net cost or proceeds, commission, any taxes and/or fees and an indication of whether the trade was a principal or agency transaction. You should familiarize yourself with the codes, symbols and other information contained in your confirmation. The confirmation contains the terms of your trade. Should you have any questions regarding your confirmation, contact TBI immediately. It is extremely important that you retain your purchase and sale confirmations for tax reporting purposes of gains and/or losses. Confirmations should also be retained for all bearer securities in the event it is necessary to evidence proof of ownership. A quarterly statement will be provided to you reflecting money and security positions in your Accounts. If there is qualified activity during the quarter, a statement will be provided to you for the month during which the entry was made. Your statement may also reflect dividends and/or interest payments FSC has credited for securities, or monies available for investment, held in your Account. If you maintain a Margin Account with FSC with a debit balance, the interest charged to that Account will also appear on your statement. Additionally, FSC is required by law to report to the Internal Revenue Service any dividends, interest, sales proceeds and other taxable income payments credited to your Account. FSC will furnish you with a Form 1099 confirming income and sales proceeds reported as of the end of the calendar year. It is your responsibility to review upon first receipt all confirmations of transactions. Transactions shall be conclusive and binding upon you if no objection in writing is made to FSC within five (5) days after the confirmation is mailed. It is also your responsibility to review upon first receipt all Account statements. The information contained in an Account statement (excluding transactions which are covered above in this paragraph regarding confirmations) shall be conclusive and binding upon you if no objection is made in writing to FSC within ten (10) days after the Account statement is mailed. In all cases, FSC reserves the right to determine the validity of any objection to the information contained in the Account statement or any objection to a transaction referenced in...
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Related to CONFIRMATIONS AND STATEMENTS OF ACCOUNT

  • Statements of Account The Administrative Agent will account to the Borrower monthly with a statement of Loans, accrued interest and Fees, charges and payments made pursuant to this Agreement and the other Loan Documents, and such account rendered by the Administrative Agent shall be deemed conclusive upon the Borrower absent manifest error. The failure of the Administrative Agent to deliver such a statement of accounts shall not relieve or discharge the Borrower from any of its obligations hereunder.

  • Statement of Accounts The Company shall provide to the Director, within one hundred twenty (120) days after each anniversary of this Agreement, a statement setting forth the Deferral Account balance.

  • Maintenance of Loan Account; Statements of Account (a) The Administrative Agent shall maintain an account on its books in the name of the Borrowers (the “Loan Account”) which will reflect (i) all Loans and other advances made by the Lenders to the Borrowers or for the Borrowers’ account, (ii) all Letter of Credit Disbursements, fees and interest that have become payable as herein set forth, and (iii) any and all other monetary Obligations that have become payable. (b) The Loan Account will be credited with all amounts received by the Administrative Agent from the Borrowers or from other Persons for the Borrowers’ account, including all amounts received in the Concentration Account from the Blocked Account Banks, and the amounts so credited shall be applied as set forth in and to the extent required by Section 2.09(e) or Section 8.04, as applicable. After the end of each month, the Administrative Agent shall send to the Borrowers a statement accounting for the charges (including interest), loans, advances and other transactions occurring among and between the Administrative Agent, the Lenders and the Borrowers during that month. The monthly statements, absent manifest error, shall be deemed presumptively correct.

  • Types of Accounts Cash accounts opened on the books of the Custodian (Principal Accounts) shall be opened in the name of the Trust, coupled with the name of such Fund. Custodian shall hold all cash received by it for the account of the Trust or any Fund in accordance with Rule 17f-3 under the Act. Such accounts collectively shall be a deposit obligation of the Custodian and shall be subject to the terms of this Section 7 and the general liability provisions contained in this Agreement. Cash accounts opened on the books of a Sub-custodian may be opened in the name of the Trust or the Sub-custodian or in the name of its Sub-custodian for its customers generally (Agency Accounts). Such deposits shall be obligations of the Sub-custodian, and shall be treated as an Investment of the Trust. Accordingly, the Custodian shall be responsible for exercising reasonable care in the administration of such accounts but shall not be liable for their repayment in the event such Sub-custodian by reason of its bankruptcy, insolvency or otherwise, fails to make repayment through no fault of the Custodian.

  • Records and Schedules of Accounts Each Obligor shall keep materially accurate and complete records of its Accounts, including all payments and collections thereon, and shall submit to Agent sales, collection, reconciliation and other reports in form reasonably satisfactory to Agent, on such periodic basis as Agent may request. Each Obligor shall also provide to Agent, on or before the Reporting Trigger Date, a detailed aged trial balance of all Accounts as of the end of the preceding month, specifying each Account’s Account Debtor name and address, amount, invoice date and due date, showing any discount, allowance, credit, authorized return or dispute, and including such proof of delivery, copies of invoices and invoice registers, copies of related documents, repayment histories, status reports and other information as Agent may reasonably request. If Accounts in an aggregate face amount of $1,000,000 or more cease to be Eligible Accounts, Obligors shall notify Agent of such occurrence promptly (and in any event within one Business Day) after any responsible officer of an Obligor has knowledge thereof.