Base Offering Circular - Multifamily
482090
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the parties to the transaction on or before the Closing Date.
Code ...........................................
The Internal Revenue Code of 1986, as amended.
COFI...........................................
The weighted average cost of funds for member savings
institutions of the Eleventh Federal Home Loan Bank
District.
COFI Class.................................
A Class bearing interest at a rate determined by reference to
COFI.
Collection Account.....................
With respect to any Trust, a separate Eligible Account,
established and maintained by the Trustee to the extent
required by the applicable Trust Agreement.
Combination...............................
Each combination specified in the Combination Schedule.
Combination Schedule ...............
The schedule entitled Available Combinations and
attached as an exhibit to an Offering Circular Supplement.
Component .................................
With respect to any Component Class, one of the
component parts of such Class. The Components of a
Component Class may have different principal and/or
interest distribution characteristics, but together they
constitute a single Class and are not separately transferable
from the related Class. Each Component may be categorized
according to one or more Class Types.
Component Class .......................
A Class comprised of Components.
Component Principal Balance....
As to any Component as of any Distribution Date, the
Original Component Principal Balance of that Component
less all principal previously allocated to that Component
(plus amounts, if any, added to the Component Principal
Balance) on previous Distribution Dates, except as
otherwise provided in the related Offering Circular and
Trust Agreement.
Corporate Trust Office ...............
With respect to a Series, the meaning specified in the
related Trust Agreement.
Corrected Certificate Factor.......
With respect to any Ginnie Mae Multifamily Certificate for
which an incorrect Certificate Factor is reported, a corrected
certificate factor agreed to by the related Ginnie Mae Issuer
and the Trustee by 12:00 noon Eastern time on the second
Business Day preceding a Distribution Date.