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), Trust Agreement (Guggenheim Defined Portfolios, Series 1992)
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 67 contracts
Samples: Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2378), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2426), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2416)
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 17 contracts
Samples: Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2380), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2377), Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2379)
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 279), Reference Trust Agreement (Claymore Securities Defined Portfolios, Series 304), Reference Trust Agreement (Claymore Securities Defined Portfolios, Series 304)
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)
