Common use of Regulated Investment Company Election Clause in Contracts

Regulated Investment Company Election. Each Trust elects to be treated and to qualify as a "regulated investment company" as defined in the Internal Revenue Code, and the Trustee is hereby directed to make such elections, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification."

Appears in 1140 contracts

Samples: Trust Agreement (Ft 4503), Trust Agreement (Ft 4487), Trust Agreement (Ft 4482)

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Regulated Investment Company Election. Each Trust elects to be treated and to qualify as a "regulated investment company" as defined in the Internal Revenue Code, and the Trustee is hereby directed to make such elections, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification." X. Section 8.01(b) shall be amended to remove the following text from such section: "as a grantor trust." Section 6.01 shall be amended to add the following as paragraph (n):

Appears in 53 contracts

Samples: Trust Agreement (Ft 2889), Trust Agreement (Ft 2880), Trust Agreement (Ft 2937)

Regulated Investment Company Election. Each If so provided in the Prospectus for a Trust Fund, such Trust Fund elects to be treated and to qualify as a "regulated investment company" as defined in the Internal Revenue Code, and the Trustee is hereby directed to make such elections, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification."

Appears in 2 contracts

Samples: Standard Terms and Conditions of Trust (Nuveen Unit Trusts Series 104), Standard Terms and Conditions of Trust (Nuveen Unit Trusts Series 103)

Regulated Investment Company Election. Each Trust elects to be treated and to qualify as a "regulated investment company" as defined in the Internal Revenue Code, and the Trustee is hereby directed to make such elections, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification." Section 6.01 shall be amended to add the following as paragraph (l):

Appears in 1 contract

Samples: Trust Agreement (Gnma 102)

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Regulated Investment Company Election. Each Trust elects to be treated and to qualify as a "regulated investment company" as defined in the Internal Revenue Code, and the Trustee is hereby directed to make such elections, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification." V. Notwithstanding anything to the contrary in the Standard Terms and Conditions of Trust, all references to the in-kind distribution option set forth in Sections 5.02 and 8.02 shall be deleted.

Appears in 1 contract

Samples: Trust Agreement (Ft 1161)

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