Reports by Trustee; Notices of Certain Payments Clause Samples

The "Reports by Trustee; Notices of Certain Payments" clause requires the trustee to provide regular reports and notifications regarding specific payments made under the agreement. Typically, this means the trustee must inform relevant parties about distributions, interest payments, or other financial transactions, often on a set schedule or upon the occurrence of certain events. This clause ensures transparency and accountability in the management of funds, helping beneficiaries and other stakeholders stay informed about the status and flow of payments.
Reports by Trustee; Notices of Certain Payments. (a) The Trustee shall within two Business Days after the request of the Issuer, the Servicer, the Insurer, the Counterparty or any Noteholder, deliver to the requesting Person a written report setting forth the amounts on deposit in the Collection Account, the Reserve Account and the Security Deposit Account and identifying the investments included therein. (b) On or prior to each Payment Date, the Servicer shall provide to the Trustee and the Trustee shall forward to the Insurer, each Rating Agency and each Noteholder of record a statement setting forth at least the following information as to the Notes to the extent applicable: (i) the amount of Interest Payments and payments in reduction of principal paid on such Payment Date with respect to all Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes, respectively; (ii) the aggregate Outstanding Principal Amount of all Outstanding Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes, respectively and the Pool Factor for each such Class after giving effect to all payments reported under (i) above; (iii) the amount of the Servicing Fee and unreimbursed Servicer Advances paid on such Payment Date pursuant to Section 3.03(b)(iii) and Section 3.03(b)(iv); (iv) the amount on deposit in the Collection Account, the Reserve Account and the Security Deposit Account, in each case after giving effect to all of the withdrawals and applications or transfers required on or before such Payment Date pursuant to Sections 3.02, 3.03, 3.04 and 3.08; (v) the Discounted Present Value of Performing Leases and the Discounted Present Value of Non-Performing Leases as of the last day of the related Due Period; and (vi) the aggregate Lease Purchase Amounts for Leases purchased by the Originator pursuant to Section 5.04 of the Assignment and Servicing Agreement during the related Due Period. (c) With each report of the Trustee furnished pursuant to this Section 3.05 following any Payment Date, the Trustee shall enclose a copy of the relevant Servicing Report. (d) Upon request of a Noteholder, the Trustee will provide information as to the Outstanding Principal Amount of each Class of Notes to such Noteholder.
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Reports by Trustee; Notices of Certain Payments. (a) The Trustee shall within two Business Days after the request of the Issuer, the Servicer or any Noteholder, deliver to the requesting person a written report setting forth the amounts on deposit in the Collection Account and the Reserve Account and identifying the investments included therein. (b) Within five Business Days following each Payment Date or as promptly as possible thereafter but in no event later than two Business Days following the receipt of the Monthly Report from the Servicer pursuant to Section 5.01 of the Assignment and Servicing Agreement, the Trustee shall mail to the Issuer, IOS Capital, each Rating Agency and the Servicer and make available to each Noteholder the following information: (iii) the amount of the Servicing Fee and unreimbursed Servicer Advances paid on such Payment Date pursuant to Section 3.03(b)(i) and Section 3.03(b)(ii); and (iv) the amount on deposit in the Collection Account and the Reserve Account, in each case after giving effect to all of the withdrawals and applications or transfers required on or before such Payment Date pursuant to Sections 3.02, 3.03 and 3.05.; (c) With each report of the Trustee furnished pursuant to this Section 3.07 following any Payment Date, the Trustee shall enclose a copy of the relevant Servicing Report and the report required to be furnished to the Trustee by the Servicer following such Payment Date pursuant to Section 6.01 of the Assignment and Servicing Agreement or, if such reports have not been received, a statement to such effect. (d) Upon request of a Noteholder, the Trustee will provide information as to the Outstanding Principal Amount of each Class of Notes.
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Reports by Trustee; Notices of Certain Payments. (a) The Trustee shall within two Business Days after the request of the Company, the Servicer or any Noteholder, deliver to the requesting person a written report setting forth the amounts on deposit in the Collection Account, the Reserve Account and the Residual Account and identifying the investments included therein. (b) Within five Business Days following each Payment Date or as promptly as possible thereafter but in no event later than two Business Days following the receipt of the Monthly Status Report from the Servicer pursuant to Section 5.01 of the Sales and Servicing Agreement, the Trustee shall mail to the Company, Copelco, each Rating Agency and the Servicer and make available to each Noteholder the following information: (i) the principal amount of all Outstanding Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, and Class C Notes, respectively, and of the Outstanding Class A-1 Notes, Class A-2, Class A-3 Notes, Class A-4 Notes, Class B Notes and Class C Notes, respectively, held by each Noteholder on the Record Date with respect to such Payment Date; (ii) the amount of Interest Payments and payments in reduction of principal paid on such Payment Date with respect to all Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes and
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Related to Reports by Trustee; Notices of Certain Payments

  • Reports by Trustee to the Holders As promptly as practicable after each June 30 beginning with the June 30 following the date of this Indenture, and in any event prior to August 30 in each year, the Trustee shall send to each Holder a brief report dated as of such June 30 that complies with Section 313(a) of the TIA if and to the extent required thereby. The Trustee shall also comply with Section 313(b) of the TIA. A copy of each report at the time of its mailing to the Holders shall be filed with the SEC and each stock exchange (if any) on which the Securities are listed. The Issuer agrees to notify promptly the Trustee in writing whenever the Securities become listed on any stock exchange and of any delisting thereof.

  • Reports by Trustee to Holders Within 60 days after each May 15, beginning with May 15, 2004, the Trustee shall mail to each Holder as provided in TIA Section 313(c) a brief report dated as of such May 15, if required by TIA Section 313(a). A copy of each report at the time of its mailing to the Holders of Securities shall be mailed to the Company and filed with the Commission and each stock exchange on which the Securities are listed in accordance-with TIA Section 313(d). The Company shall promptly notify the Trustee when the Securities are listed on any stock exchange or of any delisting thereof.

  • Reports by Trustee The Trustee shall transmit to Holders such reports concerning the Trustee and its actions under this Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto. A copy of each such report shall, at the time of such transmission to Holders, be filed by the Trustee with each stock exchange upon which any Securities are listed, with the Commission and with the Company. The Company will notify the Trustee when any Securities are listed on any stock exchange.

  • Holders Lists and Reports by Trustee Section 8.01. Company to Furnish Trustee Names and Addresses of Holders 44 Section 8.02. Preservation of Information; Communications to Holders 44 Section 8.03. Reports by Trustee 45 Section 8.04. Reports by Company 45

  • Reports by Trustee to Holders of the Notes (a) Within 60 days after each May 15 beginning with the May 15 following the date of this Indenture, and for so long as Notes remain outstanding, the Trustee will mail to the Holders of the Notes a brief report dated as of such reporting date that complies with TIA § 313(a) (but if no event described in TIA § 313(a) has occurred within the twelve months preceding the reporting date, no report need be transmitted). The Trustee also will comply with TIA § 313(b)(2). The Trustee will also transmit by mail all reports as required by TIA § 313(c). (b) A copy of each report at the time of its mailing to the Holders of Notes will be mailed by the Trustee to the Company and filed by the Trustee with the SEC and each stock exchange on which the Notes are listed in accordance with TIA § 313(d). The Company will promptly notify the Trustee when the Notes are listed on any stock exchange.