Regulated Investment Company Election. 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. In addition, the Trustee is authorized to take any actions necessary to allow a Trust Fund to qualify as a regulated investment company.
Appears in 372 contracts
Samples: Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1999), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1989), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1983)
Regulated Investment Company Election. If so provided in the Prospectus for a Trust FundTrust, 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. In addition, the Trustee is authorized to take any actions necessary to allow a Trust Fund to qualify as a regulated investment company.
Appears in 111 contracts
Samples: Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1666), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1765), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1727)
Regulated Investment Company Election. 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. In addition, the Trustee is authorized to take any actions necessary to allow a Trust Fund to qualify as a regulated investment company.
Appears in 64 contracts
Samples: Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2415), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2368), Trust Agreement (Guggenheim Defined Portfolios, Series 2403)
Regulated Investment Company Election. If so provided in the Prospectus for a Trust FundTrust, 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. In addition, the Trustee is authorized to take any actions necessary to allow a Trust Fund to qualify as a regulated investment company.
Appears in 16 contracts
Samples: Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2377), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2379), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2376)
Regulated Investment Company Election. 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. In addition, the Trustee is authorized to take any actions necessary to allow a Trust Fund to qualify as a regulated investment company.
Appears in 15 contracts
Samples: Trust Agreement (Claymore Securities Defined Portfolios, Series 293), Reference Trust Agreement (Claymore Securities Defined Portfolios, Series 311), Reference Trust Agreement (Claymore Securities Defined Portfolios Series 127)
Regulated Investment Company Election. 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. In addition, the Trustee is authorized to take any actions action necessary in order to allow a maintain the qualification of the Trust Fund to qualify as a regulated investment companycompany or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise taxes on undistributed income in the Trust.
Appears in 1 contract
Samples: Trust Agreement (Claymore Securities Defined Portfolios, Series 280)
