Base Offering Circular - Multifamily 482090 60 limitation, partnership interests or interests of members of a limited liability company), by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing. Aggregate Remaining Balance....................................... For any Distribution Date, and with respect to the Termination Price for any Series, the aggregate of the remaining principal balances to which the Trust Assets underlying a specified Series would be reduced in the month in which that Distribution Date occurs, based on, in the case of Trust MBS and underlying callable securities, the related Certificate Factors, Corrected Certificate Factors and Calculated Certificate Factors, and in the case of underlying certificates, the related Underlying Certificate Factors. Alternative Rate Event ............... The failure by the FHLB of San Francisco to publish COFI for a period of 65 calendar days. Asset Pool .................................. For any Trust, a group of assets identified in the Trust Agreement or Section 1.03 of the Standard Trust Provisions as comprising a Trust REMIC. Base Offering Circular ............... The offering document containing basic information about Securities in general, to which, for each REMIC Series, an Offering Circular Supplement relates, which to the extent related to Multifamily Certificates will be referred to as “Multifamily Base Offering Circular.” BBA............................................ British Bankers’ Association. BBA Interest Settlement Rate ............................................ The rate, expressed as a percentage per annum for one- month U.S. Dollar deposits as it appears on the Dow Jones Telerate Service page 3750 (or such other page as may replace page 3750 on that service or such other service as may be nominated by the BBA for the purpose of displaying BBA Interest Settlement Rates) as of 11:00 a.m. London time on the related Floating Rate Adjustment Date. Beneficial Owner........................ The beneficial owner of any Security. Book-Entry Depository .............. The MBS Division of DTC, any successor to the MBS Division of DTC or any other depository selected by Ginnie Mae to act in the equivalent capacity as the MBS Division of DTC.