-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VY3qbE1SEYZ8kokoaFiJEzYB1Bg5cr6lbEzYsKwL7MwIbxfRaLSG/iWEtH1FNIz+ aLpg2uKY/W9GHLQf1tTjZg== 0000835271-98-000439.txt : 19981228 0000835271-98-000439.hdr.sgml : 19981228 ACCESSION NUMBER: 0000835271-98-000439 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981215 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE CREDIT CARD MASTER TRUST CENTRAL INDEX KEY: 0001004988 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 222382028 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-28338 FILM NUMBER: 98773182 BUSINESS ADDRESS: STREET 1: 270 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122706000 MAIL ADDRESS: STREET 1: 270 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL MASTER CREDIT CARD TRUST I DATE OF NAME CHANGE: 19951219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE MANHATTAN BANK /NY/ CENTRAL INDEX KEY: 0000835271 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 134994650 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-22687 FILM NUMBER: 98773183 BUSINESS ADDRESS: STREET 1: 270 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122706000 MAIL ADDRESS: STREET 1: 270 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL BANK DATE OF NAME CHANGE: 19930521 8-K 1 FORM 8-K AS OF 12/15/98 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 15, 1998 CHASE CREDIT CARD MASTER TRUST (formerly known as "Chemical Master Credit Card Trust I" Series 1995-2, Series 1995-3, Series 1996-1, Series 1996-2 and Series 1996-3 ------------------------------------------------------------------ (Issuer of Securities) THE CHASE MANHATTAN BANK (formerly known as 'Chemical Bank') (Sponsor of the Trust) (Exact name of registrant as specified in its charter) New York 33-94190 13-4994650 --------------- ------------- --------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 270 Park Avenue, New York 10017 ---------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 270-6000 Item 5. Other Events. ------------- On or about December 15, 1998 Monthly Interest as defined in the Pooling and Servicing Agreement dated as of October 19, 1995 (the "Agreement") between The Chase Manhattan Bank (formerly known as 'Chemical Bank') and The Bank of New York, as Trustee (the "Trustee"), was distributed to holders ("Certificateholders") of participations in the Chase Credit Card Master Trust (formerly known as "Chemical Master Credit Card Trust I") for for 1995-2, 1995-3, 1996-1, 1996-2 and 1996-3 in accordance with the Agreement. Copies of the applicable Monthly Reports, as defined in the Agreement, have been furnished to each Certificateholders in accordance with the Agreement. Copies of those Monthly Reports are being filed as exhibit 20.1 to this Current Report on Form 8-K. Item 7(c). Exhibits -------- Exhibit No. Description ----------- ----------- 20.1 Monthly Reports with respect to the December 15, 1998 distribution SIGNATURES ---------- Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned thereunto duly authorized. THE CHASE MANHATTAN BANK As Servicer By: /s/Patrick Margey -------------------- Name: Patrick Margey Title: Vice President Dated: December 21, 1998 INDEX TO EXHIBITS ----------------- Exhibit No. Description ---------- ----------- 20.1 Monthly Reports with respect to the December 15, 1998 distribution EX-20.1 2 MONTHLY REPORT FOR MONTH ENDED 11/30/98 Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1995-2 Distribution Date: 12/15/98 Section 5.2 - Supplement Class A Class B Collateral Total - ------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------ (i) Monthly Principal Distributed 0.00 0.00 0.00 0.00 (ii) Monthly Interest Distributed 3,115,000.00 181,245.17 218,298.75 3,514,543.91 Deficiency Amounts 0.00 0.00 0.00 Additional Interest 0.00 0.00 0.00 Accrued and Unpaid Interest 0.00 0.00 (iii) Collections of Principal Receivables 67,693,496.79 3,846,118.84 5,384,812.54 76,924,428.17 (iv) Collections of Finance Charge Receivables 9,339,578.26 530,643.70 742,935.15 10,613,157.11 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82 Adjusted Interest 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82 Series Floating Investor Percentage 4.05% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 4.05% 88.00% 5.00% 7.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.33% 30 to 59 days 1.53% 60 to 89 days 1.01% 90 or more days 2.13% ---------------- Total Receivables 100.00% (vii) Investor Default Amount 3,382,844.01 192,201.92 269,094.99 3,844,140.92 (viii) Investor Charge-Offs 0.00 0.00 0.00 0.00 (ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00 (x) Servicing Fee 500,000.00 28,408.33 39,773.48 568,181.82 (xi) Portfolio Yield (Net of Defaulted Receivables) 11.91% (xii) Reallocated Monthly Principal 0.00 0.00 0.00 (xiii) Closing Investor Interest (Class A Adjusted) 600,000,000.00 34,090,000.00 47,728,181.82 681,818,181.82 (xiv) LIBOR 5.27781% (xv) Principal Funding Account Balance 0.00 (xvi) Accumulation Shortfall 0.00 (xvii) Principal Funding Investment Proceeds 0.00 (xviii) Principal Investment Funding Shortfall ================ (xix) Available Funds 8,839,578.26 502,235.37 703,161.66 10,044,975.29 (xx) Certificate Rate 6.23000% 6.38000% 5.67781% - ------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1995-3 Distribution Date: 12/15/98 Section 5.2 - Supplement Class A Class B Collateral Total - ----------------------------------------------------------------------------------------------------------------------- (i) Monthly Principal Distributed 0.00 0.00 0.00 0.00 (ii) Monthly Interest Distributed 2,336,250.00 136,149.60 167,459.50 2,639,859.10 Deficiency Amounts 0.00 0.00 0.00 Additional Interest 0.00 0.00 0.00 Accrued and Unpaid Interest 0.00 0.00 (iii) Collections of Principal Receivables 50,770,122.59 2,884,645.54 4,038,552.99 57,693,321.13 (iv) Collections of Finance Charge Receivables 7,004,683.69 397,990.56 557,193.58 7,959,867.83 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36 Adjusted Interest 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36 Series Floating Investor Percentage 3.04% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 3.04% 88.00% 5.00% 7.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.33% 30 to 59 days 1.53% 60 to 89 days 1.01% 90 or more days 2.13% --------------- Total Receivables 100.00% (vii) Investor Default Amount 2,537,133.01 144,154.26 201,818.42 2,883,105.69 (viii)Investor Charge-Offs 0.00 0.00 0.00 0.00 (ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00 (x) Servicing Fee 375,000.00 21,306.67 29,829.70 426,136.36 (xi) Portfolio Yield (Net of Defaulted Receivables) 11.91% (xii) Reallocated Monthly Principal 0.00 0.00 0.00 (xiii) Closing Investor Interest (Class A Adjusted) 450,000,000.00 25,568,000.00 35,795,636.36 511,363,636.36 (xiv) LIBOR 5.27781% (xv) Principal Funding Account Balance 0.00 (xvi) Accumulation Shortfall 0.00 (xvii) Principal Funding Investment Proceeds 0.00 (xviii) Principal Investment Funding Shortfall =============== (xix) Available Funds 6,629,683.69 376,683.89 527,363.88 7,533,731.47 (xx) Certificate Rate 6.23000% 6.39000% 5.80281% - ------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1996-1 Distribution Date: 12/15/98 Section 5.2 - Supplement Class A Class B Collateral Total - ----------------------------------------------------------------------------------------------------------------------------- (i) Monthly Principal Distributed 0.00 0.00 0.00 0.00 (ii) Monthly Interest Distributed 3,237,500.00 189,248.43 254,680.35 3,681,428.78 Deficiency Amounts 0.00 0.00 0.00 Additional Interest 0.00 0.00 0.00 Accrued and Unpaid Interest 0.00 0.00 (iii) Collections of Principal Receivables 78,975,746.26 4,487,176.26 6,282,243.69 89,745,166.20 (iv) Collections of Finance Charge Receivables 10,896,174.63 619,089.51 866,752.48 12,382,016.63 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45 Adjusted Interest 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45 Series Floating Investor Percentage 4.72% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 4.72% 88.00% 5.00% 7.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.33% 30 to 59 days 1.53% 60 to 89 days 1.01% 90 or more days 2.13% ---------------- Total Receivables 100.00% (vii) Investor Default Amount 3,946,651.35 224,237.45 313,942.28 4,484,831.07 (viii) Investor Charge-Offs 0.00 0.00 0.00 0.00 (ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00 (x) Servicing Fee 583,333.33 33,143.33 46,402.12 662,878.79 (xi) Portfolio Yield (Net of Defaulted Receivables) 11.91% (xii) Reallocated Monthly Principal 0.00 0.00 0.00 (xiii) Closing Investor Interest (Class A Adjusted) 700,000,000.00 39,772,000.00 55,682,545.45 795,454,545.45 (xiv) LIBOR 5.27781% (xv) Principal Funding Account Balance 0.00 (xvi) Accumulation Shortfall 0.00 (xvii) Principal Funding Investment Proceeds 0.00 (xviii) Principal Investment Funding Shortfall ================ (xix) Available Funds 10,312,841.30 585,946.18 820,350.36 11,719,137.84 (xx) Certificate Rate 5.55000% 5.71000% 5.67781% - ------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1996-2 Distribution Date: 12/15/98 Section 5.2 - Supplement Class A Class B Collateral Total - ----------------------------------------------------------------------------------------------------------------------------------- (i) Monthly Principal Distributed 0.00 0.00 0.00 0.00 (ii) Monthly Interest Distributed 2,740,833.33 160,416.67 212,438.44 3,113,688.44 Deficiency Amounts 0.00 0.00 0.00 Additional Interest 0.00 0.00 0.00 Accrued and Unpaid Interest 0.00 0.00 (iii) Collections of Principal Receivables 62,052,372.06 3,525,702.96 4,935,984.14 70,514,059.16 (iv) Collections of Finance Charge Receivables 8,561,280.07 486,436.37 681,010.91 9,728,727.35 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00 Adjusted Interest 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00 Series Floating Investor Percentage 3.71% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 3.71% 88.00% 5.00% 7.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.33% 30 to 59 days 1.53% 60 to 89 days 1.01% 90 or more days 2.13% -------------- Total Receivables 100.00% (vii) Investor Default Amount 3,100,940.34 176,189.79 246,665.71 3,523,795.84 (viii) Investor Charge-Offs 0.00 0.00 0.00 0.00 (ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00 (x) Servicing Fee 458,333.33 26,041.67 36,458.33 520,833.33 (xi) Portfolio Yield (Net of Defaulted Receivables) 11.91% (xii) Reallocated Monthly Principal 0.00 0.00 0.00 (xiii) Closing Investor Interest (Class A Adjusted) 550,000,000.00 31,250,000.00 43,750,000.00 625,000,000.00 (xiv) LIBOR 5.27781% (xv) Principal Funding Account Balance 0.00 (xvi) Accumulation Shortfall 0.00 (xvii) Principal Funding Investment Proceeds 0.00 (xviii) Principal Investment Funding Shortfall ============== (xix) Available Funds 8,102,946.74 460,394.70 644,552.58 9,207,894.02 (xx) Certificate Rate 5.98000% 6.16000% 6.02781% - ------------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1996-3 Distribution Date: 12/15/98 Section 5.2 - Supplement Class A Class B Collateral Total - --------------------------------------------------------------------------------------------------------------------------- (i) Monthly Principal Distributed 0.00 0.00 0.00 0.00 (ii) Monthly Interest Distributed 2,434,132.89 141,813.47 159,134.32 2,735,080.67 Deficiency Amounts 0.00 0.00 0.00 Additional Interest 0.00 0.00 0.00 Accrued and Unpaid Interest 0.00 0.00 (iii) Collections of Principal Receivables 46,480,949.81 2,640,948.95 3,697,468.53 52,819,367.30 (iv) Collections of Finance Charge Receivables 6,412,912.45 364,368.08 510,134.63 7,287,415.16 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86 Adjusted Interest 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86 Series Floating Investor Percentage 2.78% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 2.78% 88.00% 5.00% 7.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.33% 30 to 59 days 1.53% 60 to 89 days 1.01% 90 or more days 2.13% --------------- Total Receivables 100.00% (vii) Investor Default Amount 2,322,790.37 131,976.02 184,773.43 2,639,539.82 (viii) Investor Charge-Offs 0.00 0.00 0.00 0.00 (ix) Reimbursed Investor Charge-Offs/Reductions 0.00 0.00 0.00 (x) Servicing Fee 343,319.17 19,506.67 27,310.37 390,136.20 (xi) Portfolio Yield (Net of Defaulted Receivables) 11.91% (xii) Reallocated Monthly Principal 0.00 0.00 0.00 (xiii) Closing Investor Interest (Class A Adjusted) 411,983,000.00 23,408,000.00 32,772,440.86 468,163,440.86 (xiv) LIBOR 5.27781% (xv) Principal Funding Account Balance 0.00 (xvi) Accumulation Shortfall 0.00 (xvii) Principal Funding Investment Proceeds 0.00 (xviii) Principal Investment Funding Shortfall =============== (xix) Available Funds 6,069,593.28 344,861.41 482,824.26 6,897,278.95 (xx) Certificate Rate 7.09000% 7.27000% 6.02781% - ------------------------------------------------------------------------------------------------------------------------------------
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