Common use of Ambiguous Instructions Clause in Contracts

Ambiguous Instructions. In the event that the written Redemption Order contains terms that differ from the information provided in the telephone call at the time of issuance of the Order Number, a representative of the Fund will attempt to contact the Participant to request confirmation of the terms of the Redemption Order. If an Authorized Person is able to confirm the terms as they appear in the written Redemption Order by the Order Cut-Off Time, the Redemption Order will continue for processing. If an Authorized Person contradicts its terms, the Redemption Order will be deemed invalid and a corrected written Redemption Order must be received by the Fund representative by the Order Cut-Off Time. In the event that a written Redemption Order contains terms that are illegible, as determined in the sole discretion of the Distributor or Transfer Agent, the written Redemption Order will be deemed invalid and the Fund representative will attempt to contact the Participant to request transmission of a legible written Redemption Order. If the Fund representative does not receive a legible written Redemption Order by the Order Cut-Off Time, the Redemption Order will be deemed invalid. If the Fund representative is not able to contact an Authorized Person, the Redemption Order will be deemed invalid.

Ambiguous Instructions. In the event that the written Redemption Purchase Order contains terms that differ from the information provided in the telephone call at the time of issuance of the Order Number, a representative of the Fund will attempt to contact the Participant to request confirmation of the terms of the Redemption Purchase Order. If an Authorized Person is able to confirm the terms as they appear in the written Redemption Purchase Order by the Order Cut-Off Time, the Redemption Purchase Order will continue for processing. If an Authorized Person contradicts its terms, the Redemption Purchase Order will be deemed invalid and a corrected written Redemption Purchase Order must be received by the Fund telephone representative by the Order Cut-Off Time. In the event that a written Redemption Purchase Order contains terms that are illegible, as determined in the sole discretion of the Distributor or Transfer Agent, the written Redemption Purchase Order will be deemed invalid and the Fund representative will attempt to contact the Participant to request transmission of a legible written Redemption Purchase Order. If the Fund representative does not receive a legible written Redemption Purchase Order by the Order Cut-Off Time, the Redemption Purchase Order will be deemed invalid. If the Fund representative is not able to contact an Authorized Person, the Redemption Purchase Order will be deemed invalid.

Ambiguous Instructions. In the event that the written Redemption Order contains terms that differ from the information provided in the telephone call at the time of issuance of the Order Number, a representative of the Fund Transfer Agent will attempt to contact the Participant to request confirmation of the terms of the Redemption Order. If an Authorized Person is able to confirm the terms as they appear in the written Redemption Order by the Order Cut-Off Time, the Redemption Order Transfer Agent will continue for processingprocessing the Redemption Order. If an Authorized Person contradicts its terms, the Redemption Order will be deemed invalid and a corrected written Redemption Order must be received by the Fund representative Transfer Agent by the Order Cut-Off Time. In the event that a written Redemption Order contains terms that are illegible, as determined in the sole discretion of the Distributor or Transfer Agent, the written Redemption Order will be deemed invalid and the Fund representative Transfer Agent will attempt to contact the Participant to request transmission of a legible written Redemption Order. If the Fund representative Transfer Agent does not receive a legible written Redemption Order by the Order Cut-Off Time, the Redemption Order will be deemed invalid. If the Fund representative Transfer Agent is not able to contact an Authorized Person, the Redemption Order will be deemed invalid.

Ambiguous Instructions. In the event that the written Redemption Purchase Order contains terms that differ from the information provided in the telephone call at the time of issuance of the Order Number, a representative of the Fund Transfer Agent will attempt to contact the Participant to request confirmation of the terms of the Redemption Purchase Order. If an Authorized Person is able to confirm the terms as they appear in the written Redemption Purchase Order by the Order Cut-Off Time, the Redemption Order Transfer Agent will continue for processingprocessing the Purchase Order. If an Authorized Person contradicts its terms, the Redemption Purchase Order will be deemed invalid and a corrected written Redemption Purchase Order must be received by the Fund Transfer Agent’s telephone representative by the Order Cut-Off Time. In the event that a written Redemption Purchase Order contains terms that are illegible, as determined in the sole discretion of the Distributor or Transfer Agent, the written Redemption Purchase Order will be deemed invalid and the Fund representative Transfer Agent will attempt to contact the Participant to request transmission of a legible written Redemption Purchase Order. If the Fund representative Transfer Agent does not receive a legible written Redemption Purchase Order by the Order Cut-Off Time, the Redemption Purchase Order will be deemed invalid. If the Fund representative Transfer Agent is not able to contact an Authorized Person, the Redemption Purchase Order will be deemed invalid.

Ambiguous Instructions. In the event that the written Redemption Purchase Order contains terms that differ from the information provided in the telephone call at the time of issuance of the Order Number, a the telephone representative of the Fund will attempt to contact the Participant to request confirmation of the terms of the Redemption Purchase Order. If an Authorized Person is able to confirm the terms as they appear in the written Redemption Purchase Order by the Order Cut-Off Time, the Redemption Purchase Order will continue for processing. If an Authorized Person contradicts its terms, the Redemption Purchase Order will be deemed invalid and a corrected written Redemption Purchase Order must be received by the Fund telephone representative by the Order Cut-Off Time. In the event that a written Redemption Purchase Order contains terms that are illegible, as determined in the sole discretion of the Distributor or Transfer Agent, the written Redemption Purchase Order will be deemed invalid and the Fund telephone representative will attempt to contact the Participant to request transmission of a legible written Redemption Purchase Order. If the Fund telephone representative does not receive a legible written Redemption Purchase Order by the Order Cut-Off Time, the Redemption Purchase Order will be deemed invalid. If the Fund telephone representative is not able to contact an Authorized Person, the Redemption Purchase Order will be deemed invalid.

Ambiguous Instructions. In the event that the written Redemption Purchase Order contains terms that differ from the information provided in the telephone call at the time of issuance of the Order Number, a representative of the Fund Transfer Agent will attempt to contact the Participant to request confirmation of the terms of the Redemption Purchase Order. If an Authorized Person is able to confirm the terms as they appear in the written Redemption Purchase Order by the Order Cut-Off Time, the Redemption Order Transfer Agent will continue for processingprocessing the Purchase Order. If an Authorized Person contradicts its terms, the Redemption Purchase Order will be deemed invalid and a corrected written Redemption Purchase Order must be received by the Fund Transfer Agent's telephone representative by the Order Cut-Off Time. In the event that a written Redemption Purchase Order contains terms that are illegible, as determined in the sole discretion of the Distributor or Transfer Agent, the written Redemption Purchase Order will be deemed invalid and the Fund representative Transfer Agent will attempt to contact the Participant to request transmission of a legible written Redemption Purchase Order. If the Fund representative Transfer Agent does not receive a legible written Redemption Purchase Order by the Order Cut-Off Time, the Redemption Purchase Order will be deemed invalid. If the Fund representative Transfer Agent is not able to contact an Authorized Person, the Redemption Purchase Order will be deemed invalid.

Ambiguous Instructions. In the event that the written Redemption Order contains terms that differ from the information provided in the telephone call at the time of issuance of the Order Number, a the telephone representative of the Fund will attempt to contact the Participant to request confirmation of the terms of the Redemption Order. If an Authorized Person is able to confirm the terms as they appear in the written Redemption Order by the Order Cut-Off Time, the Redemption Order will continue for processing. If an Authorized Person contradicts its terms, the Redemption Order will be deemed invalid and a corrected written Redemption Order must be received by the Fund telephone representative by the Order Cut-Off Time. In the event that a written Redemption Order contains terms that are illegible, as determined in the sole discretion of the Distributor or Transfer Agent, the written Redemption Order will be deemed invalid and the Fund telephone representative will attempt to contact the Participant to request transmission of a legible written Redemption Order. If the Fund telephone representative does not receive a legible written Redemption Order by the Order Cut-Off Time, the Redemption Order will be deemed invalid. If the Fund telephone representative is not able to contact an Authorized Person, the Redemption Order will be deemed invalid.. Procedures Specific to Non-Standard Orders To ensure proper tracking of a passively managed Fund to its benchmark index, the following guidelines must be followed by the Participant when placing a non-standard order (e.g., substituting cash-in-lieu of a Deposit Security) (each, a “Non-Standard Order”):

Ambiguous Instructions. In the event that the written Redemption Order contains terms that differ from the information provided in the telephone call at the time of issuance of the Order Number, a the telephone representative of the Fund will attempt to contact the Participant to request confirmation of the terms of the Redemption Order. If an Authorized Person is able to confirm the terms as they appear in the written Redemption Order by the Order Cut-Off Time, the Redemption Order will continue for processing. If an Authorized Person contradicts its terms, the Redemption Order will be deemed invalid and a corrected written Redemption Order must be received by the Fund telephone representative by the Order Cut-Off Time. In the event that a written Redemption Order contains terms that are illegible, as determined in the sole discretion of the Distributor or Transfer Agent, the written Redemption Order will be deemed invalid and the Fund telephone representative will attempt to contact the Participant to request transmission of a legible written Redemption Order. If the Fund telephone representative does not receive a legible written Redemption Order by the Order Cut-Off Time, the Redemption Order will be deemed invalid. If the Fund telephone representative is not able to contact an Authorized Person, the Redemption Order will be deemed invalid.. APPENDIX 1 Procedures Specific to Non-Standard Orders To ensure proper tracking of a passively managed Fund to its benchmark index, the following guidelines must be followed by the Participant when placing a non-standard order (e.g., substituting cash-in-lieu of a Deposit Security) (each, a “Non-Standard Order”):