Base Offering Circular – Multifamily
66
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.
Co-Sponsor ............................. With respect to a Series, the Person, identified in the Sponsor
Agreement, with whom the Sponsor has entered into an
agreement pursuant to which the Co-Sponsor at its election may
distribute certain of the Securities.
Co-Trust Counsel..................... With respect to a Series, a law firm, identified in the Sponsor
Agreement, whom the Sponsor has retained to perform legal
work assisting Trust Counsel in the discharge of Trust Counsel’s
responsibilities.
Current Interest Class............... A Class that bears interest and is not an Accrual or Partial
Accrual Class.
Current Interest Security........... A Security of a Current Interest Class.
Cut-off Date ........................... With respect to any Series, the date specified in the related
Offering Circular Supplement for such Series.
CUSIP Number ....................... A unique nine-character designation assigned by the CUSIP
Service Bureau to each Class.
Delay Class ............................ A Class for which there is a delay between the end of its Accrual
Period and the related Distribution Date.
Descending Rate Class.............. A Class that has predetermined Interest Rates that decrease one
or more times on dates determined before issuance.
Differential Class ..................... A Class with Interest Rates that are equal to the difference
between two specified indices.