Base Offering Circular - Multifamily 482090 81 for the Accrual Period preceding the Redemption Date, based on its outstanding principal balance; and (c) additional accrued interest at such Interest Rate for the period from the first day of the month of redemption to the Redemption Date, calculated on a reduced principal balance determined on the basis of the Class Factor for the Callable Class Security that would have been published in the month of redemption were no redemption to occur. Reference Banks......................... The four leading banks engaged in transactions in Eurodollar deposits in the international Eurocurrency market (a) with an established place of business in London, (b) whose quotations appear on the Reuters Screen LIBO Page on the Floating Rate Adjustment Date in question and (c) which have been designated as such by the Trustee and are able and willing to provide those quotations to the Trustee on each Floating Rate Adjustment Date. If any Reference Bank designated by the Trustee should be removed from the Reuters Screen LIBO Page or in any other way fails to meet the qualifications of a Reference Bank, the Trustee may, in its sole discretion, designate an alternative Reference Bank. Register ...................................... The register maintained by the Registrar for the Holders with respect to each Trust. Registrar ..................................... With respect to each Series, the Trustee or any successor registrar appointed pursuant to the related Trust Agreement. Regular Class ............................. A Class of Regular Securities. Regular Holder........................... A Holder of a Regular Security. Regular Interest .......................... An interest in a Trust REMIC that is designated as a “regular interest” under the REMIC Provisions. In the case of a Double REMIC Series, the Regular Interests in the Pooling REMIC will be the Pooling REMIC Subaccounts. Regular Security......................... Any Security that is a Regular Interest in a Trust REMIC. REMIC ....................................... A real estate mortgage investment conduit within the meaning of Section 860D(a) of the Code.