EX-99.02 9 a2105717zex-99_02.txt EXHIBIT 99.02 EXHIBIT 99.02 RESIDUAL VALUE OBLIGATION QUARTERLY CERTIFICATE FOR THE QUARTER ENDED DECEMBER 31, 2002 The information below is being disclosed pursuant to the Residual Value Obligation Agreement dated as of April 3, 2000 between Associates First Capital Corporation and the Chase Manhattan Bank, as Trustee. Terms used and not otherwise defined herein have the meaning assigned to them in the Residual Value Agreement.
Securitization Distribution Dates during quarter: October 15, 2002 November 15, 2002 December 16, 2002 Allocation Dates during quarter: October 16, 2002 November 18, 2002 December 17, 2002 Payment Date during quarter: NA AFCC Amount at beginning of quarter: $ 525,637,151 AFCC Amount at end of quarter: $ 518,971,035 ------------------------------------------------------------------------------------------------------------------------------------ ON THE PAYMENT DATE DURING THE QUARTER: Accrued RVO Payment Amount as of the immediately preceding Allocation Date: $ - Interest accrued on Accrued RVO Payment Amount since immediately preceding Allocation Date: $ - Accrued RVO Payment Amount as of such Payment Date: $ - Number of RVO's outstanding as of the applicable record date N/A Payment per RVO: $ - ------------------------------------------------------------------------------------------------------------------------------------ AS OF THE FIRST ALLOCATION DATE DURING THE QUARTER: RESIDUAL CASH FLOW: Residual Cash Flow Allocated for current period $ 18,453,848 Cumulative Residual Cash Flow not covered by allocation (to be carried forward) $ - Excess Litigation Reserve allocated: $ - RVO EXPENSES: Residual Cash Flow allocated to RVO Expenses: $ 0.00 Cumulative RVO Expenses not covered by allocation (to be carried forward): $ - LITIGATION EXPENSES: Residual Cash Flow allocated to Litigation Expenses: $ (0.00) Cumulative Litigation Expenses not covered by allocation (to be carried forward): $ -
AFCC AMOUNT: AFCC Amount at end of immediately preceding Allocation Date: $ 525,637,151 plus: AFCC Interest added on immediately preceding Securitization Distribution Date: $ 6,570,464 less: Residual Cash Flow allocated to AFCC Amount: $ (18,453,848) AFCC Amount after allocation: $ 513,753,767 ACCRUED RVO PAYMENT AMOUNT: Residual Cash Flow allocated to Accrued RVO Payment Amount on such Allocation Date: $ - plus: cumulative Residual Cash Flow allocated to, and cumulative interest accrued on, Accrued RVO Payment Amount since most recent Payment Date on which RVO Payments were made: $ - Accrued RVO Payment Amount on such Allocation Date: $ - ------------------------------------------------------------------------------------------------------------------------------------ AS OF THE SECOND ALLOCATION DATE DURING THE QUARTER: RESIDUAL CASH FLOW: Residual Cash Flow allocated for current period $ 3,558,226 Cumulative Residual Cash Flow not covered by allocation (to be carried forward) $ - Excess Litigation Reserve allocated: $ - RVO EXPENSES: Residual Cash Flow allocated to RVO Expenses: $ - Cumulative RVO Expenses not covered by allocation (to be carried forward): $ - LITIGATION EXPENSES: Residual Cash Flow allocated to Litigation Expenses: $ - Cumulative Litigation Expenses not covered by allocation (to be carried forward): $ - AFCC AMOUNT: AFCC Amount at end of immediately preceding Allocation Date: $ 513,753,767 plus: AFCC Interest added on immediately preceding Securitization Distribution Date: $ 6,421,922 less: Residual Cash Flow allocated to AFCC Amount: $ (3,558,226) AFCC Amount after allocation: $ 516,617,462 ACCRUED RVO PAYMENT AMOUNT: Residual Cash Flow allocated to Accrued RVO Payment Amount on such Allocation Date: $ - plus: cumulative Residual Cash Flow allocated to, and cumulative interest accrued on, Accrued RVO Payment Amount since most recent Payment Date on which RVO Payments were made: $ - Accrued RVO Payment Amount on such Allocation Date: $ - ------------------------------------------------------------------------------------------------------------------------------------
AS OF THE THIRD ALLOCATION DATE DURING THE QUARTER: RESIDUAL CASH FLOW: Residual Cash Flow allocated for current period $ 4,089,407 Cumulative Residual Cash Flow not covered by allocation (to be carried forward) $ - Excess Litigation Reserve allocated: $ - RVO EXPENSES: Residual Cash Flow allocated to RVO Expenses: $ 0.00 Cumulative RVO Expenses not covered by allocation (to be carried forward): $ - LITIGATION EXPENSES: Residual Cash Flow allocated to Litigation Expenses: $ (14,739) Cumulative Litigation Expenses not covered by allocation (to be carried forward): $ - AFCC AMOUNT: AFCC Amount at end of immediately preceding Allocation Date: $ 516,617,462 plus: AFCC Interest added on immediately preceding Securitization Distribution Date: $ 6,457,718 less: Residual Cash Flow allocated to AFCC Amount: $ (4,104,146) AFCC Amount after allocation: $ 518,971,035 ACCRUED RVO PAYMENT AMOUNT: Residual Cash Flow allocated to Accrued RVO Payment Amount on such Allocation Date: $ - plus: cumulative Residual Cash Flow allocated to, and cumulative interest accrued on, Accrued RVO Payment Amount since most recent Payment Date on which RVO Payments were made: $ - Accrued RVO Payment Amount on such Allocation Date: $ - -----------------------------------------------------------------------------------------------------------------------------------