Common use of Institutional Class Shares Clause in Contracts

Institutional Class Shares. The offering price of the Institutional Class Shares of a Fund shall be the net asset value (as described in the Master Trust Agreement of the Trust, as amended from time to time and determined as set forth in the Prospectus of such Fund and the Statement of Additional Information) per Share for that Fund next determined following receipt of an order. The Institutional Class Shares shall be sold without any initial sales charge or CDSC to investors who meet the eligibility requirements set forth in a Fund's Prospectus and the Statement of Additional Information.

Institutional Class Shares. The offering price of the Institutional Class Shares of a Fund shall be the net asset value (as described in the Master Trust Agreement of the Trust, as amended from time to time and determined as set forth in the Prospectus of such Fund and the Statement of Additional Information) per Share for that Fund next determined following receipt of an order. The Institutional Class Shares shall be sold without any initial sales charge or CDSC to investors who meet the eligibility elibility requirements set forth in a Fund's Prospectus and the Statement of Additional Information.