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 (Claymore Securities Defined Portfolios, Series 460), Reference Trust Agreement (Claymore Securities Defined Portfolios, Series 643), Reference Trust Agreement (Claymore Securities Defined Portfolios, Series 326)
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 1156), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1436), Reference Trust Agreement (Claymore Securities Defined Portfolios, Series 691)
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 61 contracts
Samples: Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2397), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2396), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2021)
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: Reference Trust Agreement (Claymore Securities Defined Portfolios, Series 307), Reference Trust Agreement (Claymore Securities Defined Portfolios Series 144), Reference Trust Agreement (Claymore Securities Defined Portfolios, Series 304)
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 14 contracts
Samples: Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2376), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2273), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2301)
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)
