Base Offering Circular - Multifamily
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their terms.
Guide..........................................
The Ginnie Mae Multiclass Securities Guide.
Holder.........................................
In the case of a Certificated Security, any person whose
name appears on the books and records of the Registrar as
the record holder of that Security; or, in the case of a Book-
Entry Security, the entity acting as nominee for the Book-
Entry Depository in holding that Security. Notwithstanding
the foregoing, where used under Certain Federal Income
Tax Consequences in the Offering Circular, the term
Holder refers to Beneficial Owners of the Securities,
regardless of whether the Beneficial Owner is also the
registered Holder, except where the context indicates
otherwise.
HUD ...........................................
The United States Department of Housing and Urban
Development.
Increased Minimum
Denomination Class ...................
Any Class designated as such in the Trust Agreement, each
of which is to be offered and sold in higher minimum
denominations than those of other Classes.
Information Agent......................
The Chase Manhattan Bank, or another Person designated
by Ginnie Mae, that will among other things (a) provide
information about the factors on the Trust Assets to the
Trustee of the Trust that owns those Trust Assets and (b)
make certain information about the Securities available to
the public (by posting it on gREX) and forward that
information to Ginnie Mae and the Holders as provided in
the related Standard Trust Provisions and (c) keep and
furnish to investors, upon request, copies of any Underlying
REMIC Disclosure Documents and disclosure documents
relating to any Underlying Callable Securities.
Initial Redemption Date .............
The initial date upon which a Callable Class Security may
be redeemed, as specified in the related Trust Agreement.
Interest Distribution Amount .....
With respect to each Series (or, if the Series is segregated
into Security Groups, each Security Group) and each
Distribution Date, the aggregate interest accrued at the
Interest Rate of each related Class for the applicable
Accrual Period other than any related Accrual Amount.
Interest Only Class .....................
A Class that (a) does not have a Class Principal Balance and
is entitled to payments of interest only or (b) has only a
nominal Class Principal Balance and a disproportionately