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 1624 contracts
Samples: Trust Agreement (Ft 4141), Trust Agreement (Ft 4004), Trust Agreement (Ft 4356)
Regulated Investment Company Election. Each If the Prospectus for a Trust elects 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 CodeCode of 1986, and as amended, the Trustee is hereby directed to make such electionselections and take all actions, including any appropriate election to be taxed as a corporation, as shall be necessary to effect such qualification."
Appears in 17 contracts
Samples: Trust Agreement (Van Kampen Unit Trusts, Municipal Series 615), Trust Agreement (Van Kampen Unit Trusts Series 618), Trust Agreement (Van Kampen Unit Trusts Series 597)
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."
Appears in 5 contracts
Samples: Trust Agreement (Ft 1887), Trust Agreement (Ft 1565), Trust Agreement (Ft 1680)
Regulated Investment Company Election. Each If so provided in the Prospectus for a Trust, such 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 3 contracts
Samples: Agreement (Claymore Securities Defined Portfolios Series 147), Reference Trust Agreement (Claymore Securities Defined Portfolios Series 174), Reference Trust Agreement (Claymore Securities Defined Portfolios, Series 217)