Common use of Regulated Investment Company Election Clause in Contracts

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms and Conditions of Trust shall be amended to include the following section:

Appears in 41 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1264), Trust Agreement (Van Kampen Unit Trusts Series 1269), Trust Agreement (Van Kampen Unit Trusts Series 1268)

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Regulated Investment Company Election. If the Prospectus for related to a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Portfolio Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms and Conditions of Trust shall be amended to include (x) Section 4.1 is hereby replaced in its entirety with the following sectionfollowing:

Appears in 38 contracts

Samples: Reference Trust Agreement (Smart Trust, Defensive 50 Equities Trust, Series 4), Reference Trust Agreement (Smart Trust, CEFA Select BDC Trust, Series 4), Reference Trust Agreement (Smart Trust, Argus Dividend Growers Total Return Trust, Series 5)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1917. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 34 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 945), Trust Agreement (Van Kampen Unit Trusts Series 939), Trust Agreement (Van Kampen Unit Trusts Series 938)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms and Conditions of Trust shall be amended to include the following section:

Appears in 22 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1277), Trust Agreement (Van Kampen Unit Trusts Series 1259), Trust Agreement (Van Kampen Unit Trusts Series 1253)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms and Conditions of Trust shall be amended to include the following section:

Appears in 22 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1267), Trust Agreement (Van Kampen Unit Trusts Series 1261), Trust Agreement (Van Kampen Unit Trusts Series 1241)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1920. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 17 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1026), Trust Agreement (Van Kampen Unit Trusts Series 1023), Trust Agreement (Van Kampen Unit Trusts Series 1020)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1920. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced by the following sectionfollowing:

Appears in 16 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1275), Trust Agreement (Van Kampen Unit Trusts Series 1251), Trust Agreement (Van Kampen Unit Trusts Series 1220)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 13 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1024), Trust Agreement (Van Kampen Unit Trusts Series 1022), Trust Agreement (Van Kampen Unit Trusts Series 1015)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular the Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1920. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 12 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1276), Trust Agreement (Van Kampen Unit Trusts Series 1252), Trust Agreement (Van Kampen Unit Trusts Series 1221)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms and Conditions of Trust shall be amended to include the following section:

Appears in 9 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1266), Trust Agreement (Van Kampen Unit Trusts Series 1240), Trust Agreement (Van Kampen Unit Trusts Series 1210)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms and Conditions of Trust shall be amended to include the following section:

Appears in 8 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1238), Trust Agreement (Van Kampen Unit Trusts Series 1208), Trust Agreement (Van Kampen Unit Trusts Series 1178)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1917. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 7 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 944), Trust Agreement (Van Kampen Unit Trusts Series 901), Trust Agreement (Van Kampen Unit Trusts Series 880)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced by the following sectionfollowing:

Appears in 7 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1263), Trust Agreement (Van Kampen Unit Trusts Series 1237), Trust Agreement (Van Kampen Unit Trusts Series 1207)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1917. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 7 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 776), Trust Agreement (Van Kampen Unit Trusts Series 685), Trust Agreement (Van Kampen Unit Trusts Series 755)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced by the following sectionfollowing:

Appears in 7 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1158), Trust Agreement (Van Kampen Unit Trusts Series 1128), Trust Agreement (Van Kampen Unit Trusts Series 1105)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1920. The Standard Terms and Conditions of Trust shall be amended to include the following section:

Appears in 6 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1280), Trust Agreement (Van Kampen Unit Trusts Series 1257), Trust Agreement (Van Kampen Unit Trusts Series 1229)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1917. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 6 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 687), Trust Agreement (Van Kampen Unit Trusts Series 731), Trust Agreement (Van Kampen Unit Trusts Series 651)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1917. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced by the following sectionfollowing:

Appears in 5 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 935), Trust Agreement (Van Kampen Unit Trusts Series 830), Trust Agreement (Van Kampen Unit Trusts Series 861)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1915. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 5 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 625), Trust Agreement (Van Kampen Unit Trusts Series 645), Trust Agreement (Van Kampen Unit Trusts Series 657)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 5 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1012), Trust Agreement (Van Kampen Unit Trusts Series 1003), Trust Agreement (Van Kampen Unit Trusts Series 979)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular the Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced by the following sectionfollowing:

Appears in 5 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 876), Trust Agreement (Van Kampen Unit Trusts Series 865), Trust Agreement (Van Kampen Unit Trusts Series 889)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 5 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 942), Trust Agreement (Van Kampen Unit Trusts Series 890), Trust Agreement (Van Kampen Unit Trusts Series 917)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1916. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 4 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 619), Trust Agreement (Van Kampen Unit Trusts Series 759), Trust Agreement (Van Kampen Unit Trusts Series 688)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular the Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1920. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced by the following sectionfollowing:

Appears in 4 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1051), Trust Agreement (Van Kampen Unit Trusts Series 1018), Trust Agreement (Van Kampen Unit Trusts Series 986)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1930. The Standard Terms and Conditions of Trust shall be amended to include the following section:

Appears in 3 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Taxable Income Series 387), Trust Agreement (Van Kampen Unit Trusts Taxable Income Series 380), Trust Agreement (Van Kampen Unit Trusts Taxable Income Series 127)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular the Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 3 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 899), Trust Agreement (Van Kampen Unit Trusts Series 874), Trust Agreement (Van Kampen Unit Trusts Series 925)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1915. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 3 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 636), Trust Agreement (Van Kampen Unit Trusts Series 661), Trust Agreement (Van Kampen Unit Trusts Series 612)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1915. The Notwithstanding anything to the contrary in the Standard Terms and Conditions of Trust Trust, the Supervisor shall not be amended entitled to include receive the following sectioncompensation set forth in Section 4.01 with respect to the Trust. 16. Sections 5.01(b) and (c) are replaced in their entirety by the following:

Appears in 3 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 639), Trust Agreement (Van Kampen Unit Trusts Series 664), Trust Agreement (Van Kampen Unit Trusts Series 615)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 3 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1016), Trust Agreement (Van Kampen Unit Trusts Series 1005), Trust Agreement (Van Kampen Unit Trusts Series 972)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 3 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 844), Trust Agreement (Van Kampen Unit Trusts Series 788), Trust Agreement (Van Kampen Unit Trusts Series 814)

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Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1916. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 3 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 640), Trust Agreement (Van Kampen Unit Trusts Series 646), Trust Agreement (Van Kampen Unit Trusts Series 665)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms and Conditions of Trust shall be amended to include the following section:

Appears in 2 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1244), Trust Agreement (Van Kampen Unit Trusts Series 1147)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 2 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 843), Trust Agreement (Van Kampen Unit Trusts Series 873)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 2 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1001), Trust Agreement (Van Kampen Unit Trusts Series 1008)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1917. The Standard Terms and Conditions With respect to the Xxxxx & Steers Global Infrastructure Strategy 2008-3, the first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 2 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 790), Trust Agreement (Van Kampen Unit Trusts Series 817)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced by the following sectionfollowing:

Appears in 2 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 940), Trust Agreement (Van Kampen Unit Trusts Series 804)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1916. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 2 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 818), Trust Agreement (Van Kampen Unit Trusts Series 932)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 2 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1004), Trust Agreement (Van Kampen Unit Trusts Series 975)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 2 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 992), Trust Agreement (Van Kampen Unit Trusts Series 962)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1916. The Notwithstanding anything to the contrary in the Standard Terms and Conditions of Trust Trust, the Supervisor shall not be amended entitled to include receive the following sectioncompensation set forth in Section 4.01 with respect to the Trust. 17. Sections 5.01(b) and (c) are replaced in their entirety by the following:

Appears in 2 contracts

Samples: Trust Agreement (Van Kampen Unit Trusts Series 684), Trust Agreement (Van Kampen Unit Trusts Series 711)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular the Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 1 contract

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1224)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 19. The Standard Terms and Conditions of Trust shall be amended to include the following section:

Appears in 1 contract

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1118)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1921. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced by the following sectionfollowing:

Appears in 1 contract

Samples: Trust Agreement (Van Kampen Unit Trusts Series 1079)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 1 contract

Samples: Trust Agreement (Van Kampen Unit Trusts Series 813)

Regulated Investment Company Election. If the Prospectus for a the Trust states that such the Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each the Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a the Trust or undistributed income in a the Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1916. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 1 contract

Samples: Trust Agreement (Van Kampen Unit Trusts Series 837)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1918. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 1 contract

Samples: Trust Agreement (Van Kampen Unit Trusts Series 786)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1921. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced with the following sectionfollowing:

Appears in 1 contract

Samples: Trust Agreement (Van Kampen Unit Trusts Series 792)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1916. The Standard Terms Sections 5.01(b) and Conditions of Trust shall be amended to include (c) are replaced in their entirety by the following sectionfollowing:

Appears in 1 contract

Samples: Trust Agreement (Van Kampen Unit Trusts Series 791)

Regulated Investment Company Election. If the Prospectus for a Trust states that such Trust intends to elect to be treated and to qualify as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, the Trustee is hereby directed to make such elections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification or to provide funds to make any distribution for a taxable year in order to avoid imposition of any income or excise tax on the Trust or on undistributed income in the Trust. The Trustee shall make such reviews of each Trust portfolio as shall be necessary to maintain qualification of a particular Trust as a regulated investment company and to avoid imposition of tax on a Trust or undistributed income in a Trust, and the Depositor and Supervisor shall be authorized to rely conclusively upon such reviews." 1917. The Standard Terms and Conditions first paragraph of Trust shall be amended to include Section 4.01 is hereby replaced by the following sectionfollowing:

Appears in 1 contract

Samples: Trust Agreement (Van Kampen Unit Trusts Series 811)

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