-----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, KEXfLOlY9e02wkWELG6NtKmnDgk6YNNFhnZrpnKRNkcz+9HUPYX4gkKc2bCSbmI9 JSxsKBtSGsDz2PNOAuhNlQ== 0000835271-98-000441.txt : 19981228 0000835271-98-000441.hdr.sgml : 19981228 ACCESSION NUMBER: 0000835271-98-000441 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: 98773185 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: 98773186 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 1996-4, Series 1997-1, Series 1997-2, Series 1997-3, Series 1997-4, Series 1997-5, Series 1998-2, Series 1998-3 and Series 1998-5 ----------------------------------------------------------- (Issuer of Securities) CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION (formerly known as "The Chase Manhattan Bank (USA)") (Sponsor of the Trust) (Exact name of registrant as specified in its charter) United States 33-40006 22-2382028 --------------- ------------- --------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 802 Delaware Avenue, Wilmington, Delaware 19801 ----------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (302) 575-5050 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 Series 1996-4, Series 1997-1, Series 1997-2, Series 1997-3, Series 1997-4, Series 1997-5, Series 1998-2, Series 1998-3 and Series 1998-5 in accordance with the Agreement. Copies of the applicable Monthly Reports, as defined in the Agreement, have been furnished to 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 1996-4 Distribution 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 6,098,807.94 528,906.90 713,259.38 7,340,974.22 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 157,951,492.51 13,162,549.16 16,923,449.41 188,037,491.09 (iv) Collections of Finance Charge Receivables 21,792,349.27 1,816,018.73 2,334,904.94 25,943,272.94 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 1,400,000,000.00 116,666,000.00 150,000,666.67 1,666,666,666.67 Adjusted Interest 1,400,000,000.00 116,666,000.00 150,000,666.67 1,666,666,666.67 Series Floating Investor Percentage 9.89% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 9.89% 84.00% 7.00% 9.00% 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 7,893,302.69 657,771.47 845,714.76 9,396,788.92 (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 1,166,666.67 97,221.67 125,000.56 1,388,888.89 (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) 1,400,000,000.00 116,666,000.00 150,000,666.67 1,666,666,666.67 (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 20,625,682.60 1,718,797.06 2,209,904.39 24,554,384.05 (xx) Certificate Rate 5.40781% 5.62781% 5.90281% - -----------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1997-1 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 4,972,679.54 429,828.28 588,372.02 5,990,879.84 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 129,745,868.85 10,812,118.13 13,901,380.69 154,459,367.67 (iv) Collections of Finance Charge Receivables 17,900,858.33 1,491,733.01 1,917,954.29 21,310,545.63 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 1,150,000,000.00 95,833,000.00 123,214,619.00 1,369,047,619.00 Adjusted Interest 1,150,000,000.00 95,833,000.00 123,214,619.00 1,369,047,619.00 Series Floating Investor Percentage 8.13% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 8.13% 84.00% 7.00% 9.00% 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 6,483,784.35 540,313.48 694,693.06 7,718,790.90 (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 958,333.33 79,860.83 102,678.85 1,140,873.02 (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) 1,150,000,000.00 95,833,000.00 123,214,619.00 1,369,047,619.00 (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 16,942,524.99 1,411,872.17 1,815,275.45 20,169,672.61 (xx) Certificate Rate 5.36781% 5.56781% 5.92781% - -----------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1997-2 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 7,875,000.00 458,095.13 547,110.85 8,880,205.98 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 169,233,741.98 9,615,522.75 13,461,805.75 192,311,070.48 (iv) Collections of Finance Charge Receivables 23,348,945.64 1,326,640.39 1,857,306.75 26,532,892.78 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 1,500,000,000.00 85,227,000.00 119,318,455.00 1,704,545,455.00 Adjusted Interest 1,500,000,000.00 85,227,000.00 119,318,455.00 1,704,545,455.00 Series Floating Investor Percentage 10.12% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 10.12% 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 8,457,110.03 480,516.08 672,726.20 9,610,352.30 (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 1,250,000.00 71,022.50 99,432.05 1,420,454.55 (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) 1,500,000,000.00 85,227,000.00 119,318,455.00 1,704,545,455.00 (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 22,098,945.64 1,255,617.89 1,757,874.70 25,112,438.24 (xx) Certificate Rate 6.30000% 6.45000% 5.77781% - -----------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1997-3 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 4,235,625.00 94,446.69 130,065.97 4,460,137.66 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 28,205,623.66 2,350,431.03 3,022,068.76 33,578,123.45 (iv) Collections of Finance Charge Receivables 3,891,490.94 324,285.72 416,950.65 4,632,727.32 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 250,000,000.00 20,833,000.00 26,786,048.00 297,619,048.00 Adjusted Interest 250,000,000.00 20,833,000.00 26,786,048.00 297,619,048.00 Series Floating Investor Percentage 1.77% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 1.77% 84.00% 7.00% 9.00% 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 1,409,518.34 117,457.98 151,021.70 1,677,998.02 (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 208,333.33 17,360.83 22,321.71 248,015.87 (xi) Portfolio Yield (Net of Defaulted Receivables) 11.96% (xii) Reallocated Monthly Principal 0.00 0.00 0.00 (xiii) Closing Investor Interest (Class A Adjusted) 250,000,000.00 20,833,000.00 26,786,048.00 297,619,048.00 (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 6,518,342.17 306,924.89 394,628.95 7,219,896.00 (xx) Certificate Rate 6.77700% 5.62781% 6.02781% - ----------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1997-4 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 2,628,274.83 227,078.46 300,071.12 3,155,424.41 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 5,641,124.73 7,252,874.74 80,587,496.26 (iv) Collections of Finance Charge Receivables 9,339,578.26 778,298.19 1,000,669.11 11,118,545.56 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 600,000,000.00 50,000,000.00 64,285,715.00 714,285,715.00 Adjusted Interest 600,000,000.00 50,000,000.00 64,285,715.00 714,285,715.00 Series Floating Investor Percentage 4.24% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 4.24% 84.00% 7.00% 9.00% 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 3,382,844.01 281,903.67 362,447.58 4,027,195.25 (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 41,666.67 53,571.43 595,238.10 (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 50,000,000.00 64,285,715.00 714,285,715.00 (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 8,839,578.26 736,631.52 947,097.68 10,523,307.46 (xx) Certificate Rate 5.43781% 5.63781% 5.87781% - ----------------------------------------------------------------------------------------------------------
Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1997-5 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 2,580,833.33 151,230.58 189,922.38 2,921,986.29 Deficiency Amounts 0.00 0.00 0.00 Additional Interest 0.00 0.00 0.00 0.00 Accrued and Unpaid Interest 0.00 (iii) Collections of Principal Receivables 56,411,247.33 3,205,174.25 4,487,268.66 64,103,690.24 (iv) Collections of Finance Charge Receivables 7,782,981.88 442,213.46 619,102.26 8,844,297.60 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 500,000,000.00 28,409,000.00 39,772,819.00 568,181,819.00 Adjusted Interest 500,000,000.00 28,409,000.00 39,772,819.00 568,181,819.00 Series Floating Investor Percentage 3.37% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 3.37% 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 2,819,036.68 160,172.03 224,242.07 3,203,450.77 (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 416,666.67 23,674.17 33,144.02 473,484.85 (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) 500,000,000.00 28,409,000.00 39,772,819.00 568,181,819.00 (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 7,366,315.21 418,539.30 585,958.24 8,370,812.76 (xx) Certificate Rate 6.19400% 6.38800% 5.92781% - ------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1998-2 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 0.00 296,860.90 397,220.93 694,081.83 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 90,257,995.72 7,521,424.43 9,670,574.83 107,449,994.98 (iv) Collections of Finance Charge Receivables 12,452,771.01 1,037,720.54 1,334,235.85 14,824,727.40 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 800,000,000.00 66,666,000.00 85,714,953.00 952,380,953.00 Adjusted Interest 800,000,000.00 66,666,000.00 85,714,953.00 952,380,953.00 Series Floating Investor Percentage 5.65% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 5.65% 84.00% 7.00% 9.00% 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 4,510,458.68 375,867.80 483,267.19 5,369,593.67 (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 666,666.67 55,555.00 71,429.13 793,650.79 (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) 800,000,000.00 66,666,000.00 85,714,953.00 952,380,953.00 (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 11,785,627.87 982,165.54 1,262,806.72 14,030,600.14 (xx) Certificate Rate 4.97793% 5.52781% 5.75281% - ----------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1998-3 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 3,000,000.00 174,711.25 222,555.56 3,397,266.81 Deficiency Amounts 0.00 0.00 0.00 Additional Interest 0.00 0.00 0.00 0.00 Accrued and Unpaid Interest 0.00 (iii) Collections of Principal Receivables 67,693,496.79 3,846,118.84 5,384,812.56 76,924,428.19 (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 47,728,182.00 681,818,182.00 Adjusted Interest 600,000,000.00 34,090,000.00 47,728,182.00 681,818,182.00 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 39,773.49 568,181.82 (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 47,728,182.00 681,818,182.00 (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 8,839,578.26 502,235.37 703,161.67 10,044,975.30 (xx) Certificate Rate 6.00000% 6.15000% 5.92781% - --------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust 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 2,847,297.74 245,998.64 343,780.73 3,437,077.10 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 73,334,621.52 6,111,143.25 7,857,356.11 87,303,120.88 (iv) Collections of Finance Charge Receivables 10,117,876.45 843,145.99 1,084,068.57 12,045,091.01 (v) Aggregate Amount of Principal Receivables 16,843,726,059.37 Investor Interest 650,000,000.00 54,166,000.00 69,643,524.00 773,809,524.00 Adjusted Interest 650,000,000.00 54,166,000.00 69,643,524.00 773,809,524.00 Series Floating Investor Percentage 4.59% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 4.59% 84.00% 7.00% 9.00% 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 3,664,747.68 305,391.88 392,655.30 4,362,794.86 (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 541,666.67 45,138.33 58,036.27 644,841.27 (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) 650,000,000.00 54,166,000.00 69,643,524.00 773,809,524.00 (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 9,576,209.78 798,007.66 1,026,032.30 11,400,249.74 (xx) Certificate Rate 5.43781% 5.63781% 6.12781% - -------------------------------------------------------------------------------------------------------------------------
-----END PRIVACY-ENHANCED MESSAGE-----