Common use of Creation Units Clause in Contracts

Creation Units. The iShares of any Index Fund offered by the Fund may be purchased or redeemed only in aggregations of a specified number of iShares referred to herein as a "Creation Unit". The Participant is hereby authorized to purchase and redeem Creation Units of any Index Fund listed in the Prospectus except those Index Fund set forth in Annex I, which may be revised from time to time.

Creation Units. The iShares of any Index Fund Series offered by the Fund may be purchased or redeemed only in aggregations of a specified number of iShares referred to herein as a "Creation Unit". The Participant is hereby authorized to purchase and redeem Creation Units of any Index Fund Series listed in the Prospectus except those Index Fund Series set forth in Annex I, which may be revised from time to time.