diff --git a/core/org.eclipse.cdt.core.tests/parser/org/eclipse/cdt/core/parser/tests/ast2/AST2TemplateTests.java b/core/org.eclipse.cdt.core.tests/parser/org/eclipse/cdt/core/parser/tests/ast2/AST2TemplateTests.java
index 1859e3cfdfe..423fd5011a8 100644
--- a/core/org.eclipse.cdt.core.tests/parser/org/eclipse/cdt/core/parser/tests/ast2/AST2TemplateTests.java
+++ b/core/org.eclipse.cdt.core.tests/parser/org/eclipse/cdt/core/parser/tests/ast2/AST2TemplateTests.java
@@ -5375,6 +5375,26 @@ public class AST2TemplateTests extends AST2TestBase {
 		assertSame(method, ((ICPPSpecialization) reference).getSpecializedBinding());
 	}
 
+	//	template <typename CharT>
+	//	struct ostream {
+	//	    template <typename T>
+	//	    ostream& operator<<(T);
+	//
+	//	    ostream& operator<<(ostream&(*)(ostream&));
+	//	};
+	//
+	//	template <typename CharT>
+	//	ostream<CharT>& endl(ostream<CharT>&);
+	//
+	//	template <typename T>
+	//	void test(T t) {
+	//	    ostream<char> out;
+	//	    out << t << endl;
+	//	}
+	public void testInstantiationOfEndlInTemplate_417700() throws Exception {
+		parseAndCheckBindings();
+	}
+
 	//	template<typename T> bool MySort(const T& a);
 	//	bool MySort(const int& a);
 	//	template<typename V> void sort(V __comp);
diff --git a/core/org.eclipse.cdt.core/parser/org/eclipse/cdt/internal/core/dom/parser/cpp/semantics/CPPSemantics.java b/core/org.eclipse.cdt.core/parser/org/eclipse/cdt/internal/core/dom/parser/cpp/semantics/CPPSemantics.java
index ecd3b3dbc9d..4bb8ffe430b 100644
--- a/core/org.eclipse.cdt.core/parser/org/eclipse/cdt/internal/core/dom/parser/cpp/semantics/CPPSemantics.java
+++ b/core/org.eclipse.cdt.core/parser/org/eclipse/cdt/internal/core/dom/parser/cpp/semantics/CPPSemantics.java
@@ -2987,7 +2987,7 @@ public class CPPSemantics {
     			}
     		}
 		}
-    	if (targetType == null && parent instanceof IASTExpression
+    	if (targetType == null && parent instanceof ICPPASTExpression
     			&& parent instanceof IASTImplicitNameOwner) {
 			// Trigger resolution of overloaded operator, which may resolve the
 			// function set.
@@ -2995,6 +2995,12 @@ public class CPPSemantics {
 			final IBinding newBinding = name.getPreBinding();
 			if (!(newBinding instanceof CPPFunctionSet))
 				return newBinding;
+
+			// If we're in a dependent context, we don't have enough information
+			// to resolve the function set.
+			if (((ICPPASTExpression) parent).getEvaluation().isTypeDependent()) {
+				return CPPDeferredFunction.createForCandidates(functionSet.getBindings());
+			}
 		}
 
     	ICPPFunction function = resolveTargetedFunction(targetType, functionSet, name);