Reporting Duties Clause Samples

Reporting Duties. The Trustee or Insurer of a ▇▇▇▇ ▇▇▇ shall furnish annual calendar year reports concerning the status of the account as well as information concerning required minimum distributions as is prescribed by the Commissioner of Internal Revenue. The Trustee or Insurer, as applicable, shall be subject to the reporting requirements of Code Section 408(i) with respect to all Deemed IRAs that are established and maintained under the Plan.
Reporting Duties. The Trustee or issuer as applicable shall be subject to the reporting requirements of Code Section 408(i) with respect to all IRAs that are established and maintained under the Plan.
Reporting Duties. (i) Subject to definitive guidance from the Internal Revenue Service or a court of competent jurisdiction to the contrary (including the receipt by the Trustees of a private letter ruling if the Trustees so request one, or the receipt of an adverse determination by the Internal Revenue Service upon audit if not contested by the Trustees), the Trustees shall file returns for the Plan Trust as a grantor trust pursuant to Treasury Regulations Section 1.671-4(a). Within seventy-five (75) days following the end of each calendar year or as soon as practicable thereafter, the Trustees shall also annually send to each Beneficiary a separate statement setting forth the holder’s share of items of income, gain, loss, deduction, or credit, if any, and will instruct all such holders to report such items on their federal income tax returns or to forward the appropriate information to the holders with instructions to report such items on their federal income tax returns. (ii) Allocations of Plan Trust taxable income shall be determined by reference to the manner in which an amount of cash equal to such taxable income would be distributed (without regard to any restrictions on distributions described herein) if, immediately prior to such deemed distribution, the Plan Trust had distributed all of its other assets (valued for this purpose at their tax book value) to the holders of the Interests, taking into account all prior and concurrent distributions from the Plan Trust. Similarly, taxable loss of the Plan Trust shall be allocated by reference to the manner in which an economic loss would be borne immediately after a liquidating distribution of the remaining assets of the Plan Trust. The tax book value of the assets of the Plan Trust for this purpose shall equal their fair market value on the date the Plan Trust was created or, if later, the date such assets were acquired by the Plan Trust, adjusted in either case in accordance with tax accounting principles prescribed by the IRC, the Treasury Regulations and other applicable administrative and judicial authorities and pronouncements. (iii) The Trustees may request an expedited determination of taxes of the Plan Trust under section 505(b) of the Bankruptcy Code for all returns filed for, or on behalf of, the Plan Trust for all taxable periods through the dissolution of the Plan Trust. (iv) The Trustees shall file (or cause to be filed) any other statements, returns or disclosures relating to the Plan Trust that are requi...
Reporting Duties. Business Associate shall report to the Department any security incident or use or disclosure of PHI not provided for by this Agreement of which it becomes aware, including breaches of unsecured PHI as required at 45 C.F.R. § 164.410, within two (2) days of Business Associate’s discovery of such incident. The report must include the following information, to the extent known: (1) Description of the incident; (2) Date of the incident and the date the incident was discovered; (3) Description of the type of PHI involved; (4) Identification of who received PHI; (5) Identification of the individuals whose PHI has been, or is reasonably believed to have been, accessed, acquired, used, or disclosed during the incident; (6) Steps Business Associate or its subcontractor or agents are taking to investigate the incident and prevent continuing or further incidents; and (7) Any other information requested by the Department.
Reporting Duties. The second sentence of Section 2.3(a) of the Employment Agreement will be replaced in its entirety with the following sentence: The Employee will initially report directly to the Chief Executive Officer and, when a Chief Financial Officer is hired, directly to the Chief Financial Officer or to such other Person as the Chief Executive Officer or Chief Financial Officer shall decide.
Reporting Duties. 1. The MA shall submit the annual report and final report on implementation of the Programme to the European Commission in accordance with the requirements set out in Article 67 of the General Regulation. Before submitting reports to the European Commission, the MA shall transmit the reports to the MC for approval as set out in Article 65 lit d of the General Regulation. 2. In compliance with Article 68 of the General Regulation the European Commission and the MA shall annually examine the Programme implementation taking into consideration the results achieved in the previous year. One representative of each MC national delegation, can take part in these review meetings. Should the European Commission make any comments, the MC will be informed and decisions shall be taken on how to respond to these comments. The Commission will be informed about any MC’s decisions by the MA. 3. The MA shall inform the MC about the annual control report as set out in Article 65 lit e of the General Regulation.
Reporting Duties. Business Associate will report to Covered Entity as soon as possible, but no later than ten days, after Business Associate knows of a Prohibited Use or a Security Incident. For reporting purposes under this Section 5, Business Associate does not need to report as a Security Incident any unsuccessful attempt to gain access to the PHI. Examples of unsuccessful attempts to gain access to the PHI include, but are not limited to, pings, and other broadcast attacks on Business Associate's firewall, port scans, log-on attempts, denials of service, and any combination of the above. This reporting duty does not relieve Business Associate in any degree of its duty to safeguard the PHI and to prevent any Prohibited Use and any Security Incident.
Reporting Duties. Employees are obligated to record changes to their place of residence (particularly moving abroad), marital status, birth and death of their children and any other information relevant to the employment relationship (for example, diplomas, course certificates), in the appropriate tool or to report them to Human Resources via the appropriate process. Unforeseeable, brief absences shall be reported to the Employee’s superior by telephone at the latest by 9.00 on the first day of absence or before the beginning of the work assignment, otherwise, the absence shall be deemed an unexcused absence (as regards the reporting duty in case of illness or accident, see clause 25.1). Employees shall inform their supervisor well in advance about future long-term absences from work (for exam- ple, hospital stays, military service).
Reporting Duties. The Borrower shall give the consortium leader triplicate copies of the following documents: a) Borrower’s audited annual financial statements, along with auditor’s report, promptly after the preparation thereof but no later than fife months after the close of the respective fiscal year; quarterly financial statements—not audited—within 2 months after the close of the respective quarter; b) The borrower commits itself to ensuring that the QIAGEN N.V. and the respective subsidiaries relinquish the individual designated documents punctually, directly the consortium leader in triplicate copies: 1) audited annual financial statements (individual and consolidated financial statements) of Qiagen N.V., Venlo, promptly after the preparation thereof but no later than five months after the close of the respective fiscal year; quarterly financial statements—not audited—within 2 months after the close of the respective quarter; 2) individual annual financial statements (balance sheet and income statement) of Qiagen North American Holdings Inc., USA, promptly after the preparation thereof but no later than five months after the close of the respective fiscal year; quarterly financial statements—not audited—within 2 months after the close of the respective quarter; 3) audited divisional annual financial statements, along with auditor’s report, of Qiagen North American Holdings Inc., USA, with detailed appendix data to the QIAGEN promptly after the preparation thereof but no later than fife months after the close of the respective fiscal year; quarterly financial statements—not audited—within 2 months after the close of the respective quarter;
Reporting Duties. In addition to his role in overseeing the safety of his vessel and nearby vessels, the master also has a number of reporting duties. The master of a ship also has a duty to report under domestic legislation. For example, in the UK, the MSA 1995 Act requires a master of any UK ship to report a meeting with a dangerous derelict or any other direct danger to navigation which could include a ship or ships or cargo which present such a danger consequent upon a collision. /77/ The Master is also required by section 136 of the MSA 1995 to report the occurrence of discharge of oil mixture from a ship in to a harbour in the UK waters, or escape of oil from a ship into any UK waters, to the harbour master or authority. As is noted in section II, much of the reporting duties could easily be replaced by automated communication systems. The Master of a ship is also required to fly a flag on his ship, a requirement that stems from the High Seas Convention (“HSC”) 1958. Article 5 of the HSC requires “a genuine link” between the flag state and its ship. Under this Convention and the United Nations Convention on the Law of the Sea 1982 (“UNCLOS”), the master effectively represents the authority of the flag state on board and is “responsible for administrative, technical and social matters concerning the ship”/78/. The master, in addition to having responsibility for the safety and good management of his ship is also the agent of his owner. The master should have knowledge of the various clauses and provisions of charterparties so that he can make sure they are performed properly. After all, the master is responsible for making sure that the provisions in the contract are complied with. While the master plays an important contract role on behalf of the ship owner, this does seem to be easily overcome. As Hooydonk notes: It is difficult to predict how a breakthrough of unmanned merchant shipping will affect the role of the ship’s agent. As the contract of the ship’s agent is entirely left to freedom of contract in nearly all countries and is moreover governed by international and local standard contractual clauses, the elaboration of new regulations does not appear to deserve priority attention. /62/ The master is agent for the ship owner and is required to sign Bills of Lading as evidence of contracts of carriage. The effect of him signing a Bill of Lading is to bind his owner to the contractual terms and conditions therein. As ▇▇▇▇ notes, “a master needs to be particularly...