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." Y. Section 3.05(c) is amended to read [reserved]. Z. 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 11 contracts
Samples: Trust Agreement (Ft 1365), Trust Agreement (Ft 1313), Trust Agreement (Ft 1293)
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."
Y. Section 3.05(c) is amended to read [reserved].
Z. 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 5 contracts
Samples: Trust Agreement (Ft 1288), Trust Agreement (Ft 1285), Trust Agreement (Ft 1353)
Regulated Investment Company Election. Each Trust elects to be treated and to qualify as a "regulated investment company" 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."
Y. Section 3.05(c) is amended to read [reserved].
Z. 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 4 contracts
Samples: Trust Agreement (Ft 1680), Trust Agreement (Ft 1887), Trust Agreement (Ft 1889)
Regulated Investment Company Election. Each Trust elects to be treated and to qualify as a "regulated investment company" 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."
Y. Section 3.05(c) is amended to read [reserved].
Z. 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 1 contract
Samples: Trust Agreement (Ft 1565)
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."
Y. N. Section 3.05(c) is amended to read [reserved].
Z. O. Section 8.01(b) shall be amended to remove the following text from such section: "as a grantor trust."
P. Section 6.01 shall be amended to add the following as paragraph (n):
Appears in 1 contract
Samples: Trust Agreement (Ft 1780)
