Base Offering Circular - Multifamily 482090 75 Other Type.................................. With respect to a Security, the category of a characteristic other than principal or interest payment allocation, as identified in Appendix I of the Multifamily Base Offering Circular. Outside Reserve Fund ................ As to any REMIC Series, any fund or Trust Account, including the Variance Account or segregated portion thereof, that is not an asset of a REMIC and that satisfies the requirements of an “outside reserve fund” within the meaning of section 1.860G-2(h) of the Treasury Regulations.  For all federal tax purposes, an Outside Reserve Fund shall be treated as owned by the Trustee or by such other Person as is designated as its owner in the Trust Agreement (or the related Standard Trust Provisions), and amounts transferred by a Trust REMIC to an Outside Reserve Fund shall be treated as distributed by the Trust REMIC to the Trustee or such other Person as a part of the Trustee Fee or other fee payable to such Person under the Trust Agreement. Ownership Interest ..................... Any ownership interest in a Residual Interest, including any interest in that Residual Interest as the Holder of the Residual Interest and any other interest in the Residual Interest, whether direct or indirect, legal or beneficial. PAC Class .................................. A Class that is designed to receive distributions of principal using a predetermined schedule derived by assuming two constant prepayment rates for the underlying Mortgage Loans.  These two rates are the endpoints for the Structuring Range for the PAC Class.  The endpoints must be at least 30 percentage points above and below the pricing speed.  The PAC Classes in any Series or Security Group may be subdivided into different categories (e.g., PAC I, PAC II) having different structuring ranges.  The structuring range for a PAC I Class of a Series or Security Group usually is wider than the structuring range for a PAC II Class of such Series or Security Group, as applicable. PAC Component ........................ A Component that is designed to receive distributions of principal using a predetermined schedule derived by assuming two constant prepayment rates for the underlying Mortgage Loans.  These two rates are the endpoints for the Structuring Range for the PAC Component.  The endpoints must be at least 30 percentage points above and below the pricing speed.  The PAC Component in any Series or Security Group may be subdivided into different categories