-----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, FgClt41veDnL8kdgA4Z/a8mjvLvoq8W3Irp+vPN4REmR13WfmTsOjLzjB3NUgpXN H1sBrKQbtReTxLyhutbvGQ== 0000835271-97-000062.txt : 19970407 0000835271-97-000062.hdr.sgml : 19970407 ACCESSION NUMBER: 0000835271-97-000062 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 19970404 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970404 SROS: NONE 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: 1934 Act SEC FILE NUMBER: 033-22687 FILM NUMBER: 97574989 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 DATED 4/04/97 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: April 4, 1997 ----------------------------- CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION ------------------------------------------------------ (Originator of the Trust referred to herein) (Exact name of registrant as specified in its charter) CHASE MANHATTAN AUTO OWNER TRUST 1996-C ----------------------------------------- (Issuer with respect to Certificates) Delaware 333-7575 13-2633612 --------------- ----------------- ------------------ (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) (302) 575-5033 --------------------------------------------------- (Registrant's telephone number, including area code) Item 5. Other Events On 1/15/1997, Chase Manhattan Auto Owner Trust 1996-C (the "Trust") made the distribution to Certificateholders contemplated by the Sale and Servicing Agreement, dated as of December 1, 1996 (the "Sale and Servicing Agreement"), between Chase Manhattan Bank USA, National Association, as Seller and Servicer, and the Trust, as Issuer. A copy of the Certificateholder Report for such Distribution Date delivered pursuant to section 5.8 of the Sale and Servicing Agreement is being filed as exhibit 20.1 to this Current Report on Form 8-K. On 2/18/97, Chase Manhattan Auto Owner Trust 1996-C (the "Trust") made the distribution to Certificateholders contemplated by the Sale and Servicing Agreement, dated as of December 1, 1996 (the "Sale and Servicing Agreement"), between Chase Manhattan Bank USA, National Association, as Seller and Servicer, and the Trust, as Issuer. A copy of the Certificateholder Report for such Distribution Date delivered pursuant to section 5.8 of the Sale and Servicing Agreement is being filed as exhibit 20.2 to this Current Report on Form 8-K. On 3/17/97, Chase Manhattan Auto Owner Trust 1996-C (the "Trust") made the distribution to Certificateholders contemplated by the Sale and Servicing Agreement, dated as of December 1, 1996 (the "Sale and Servicing Agreement"), between Chase Manhattan Bank USA, National Association, as Seller and Servicer, and the Trust, as Issuer. A copy of the Certificateholder Report for such Distribution Date delivered pursuant to section 5.8 of the Sale and Servicing Agreement is being filed as exhibit 20.3 to this Current Report on Form 8-K. Item 7 (c). Exhibits Exhibit Description ------- ----------- 20.1 Monthly Certificateholder's statement with respect to the January 15, 1997 distribution. 20.2 Monthly Certificateholder's statement with respect to the February 18, 1997 distribution. 20.3 Monthly Certificateholder's statement with respect to the March 17, 1997 distribution. SIGNATURES ---------- Pursuant to the requirements of the Securities Exchange Act of 1934, the Bank has caused this report to be signed on its behalf by the undersigned thereunto duly authorized. CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION By: /s/ Patricia Garvey ------------------- Name: Patricia Garvey Title: Vice President Date: April 4, 1997 INDEX TO EXHIBITS ----------------- Exhibit Description ------- ----------- 20.1 Certificateholder Report dated 1/15/1997 delivered pursuant to Section 5.8 of the Sale and Servicing Agreement dated as of December 1, 1996. 20.2 Certificateholder Report dated 2/18/1997 delivered pursuant to Section 5.8 of the Sale and Servicing Agreement dated as of December 1, 1996. 20.3 Certificateholder Report dated 3/17/1997 delivered pursuant to Section 5.8 of the Sale and Servicing Agreement dated as of December 1, 1996. EX-20.1 2 MONTHLY REPORT FOR MONTH ENDED 12/31/96
Exhibit 20.1 ------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS PERIOD 1 PAGE # 1 DETERMINATION: 10-Jan-97 Beginning 12/1/96 DISTRIBUTION: 15-Jan-97 Ending 12/31/96 CLASS A-1 5.489% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.750 % ASSET BACKED NOTES CLASS A-3 5.950% ASSET BACKED NOTES CLASS A-4 6.150% ASSET BACKED NOTES CLASS B-1 6.250% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE A-1 Notes $225,000,000.00 $225,000,000.00 $33,187,111.67 $960,575.00 $34,147,686.67 $191,812,888.33 A-2 Notes $239,000,000.00 $239,000,000.00 $0.00 $1,030,687.50 $1,030,687.50 $239,000,000.00 A-3 Notes $324,000,000.00 $324,000,000.00 $0.00 $1,445,850.00 $1,445,850.00 $324,000,000.00 A-4 Notes $178,000,000.00 $178,000,000.00 $0.00 $821,025.00 $821,025.00 $178,000,000.00 NOTES TOTALS $966,000,000.00 $966,000,000.00 $33,187,111.67 $4,258,137.50 $37,445,249.17 $932,812,888.33 B-1 $30,938,845.63 $30,938,845.63 $0.00 $161,139.82 $161,139.82 $30,938,845.63 CERTIFICATE TOTALS $30,938,845.63 $30,938,845.63 $0.00 $161,139.82 $161,139.82 $30,938,845.63 TOTALS $996,938,845.63 $996,938,845.63 $33,187,111.67 $4,419,277.32 $37,606,388.99 $963,751,733.96 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 147.49827409 4.26922222 852.50172591 A-2 .00000000 4.31250000 1,000.00000000 A-3 .00000000 4.46250000 1,000.00000000 A-4 .00000000 4.61250000 1,000.00000000 Notes Totals 34.35518806 4.40800983 965.64481194 B-1 .00000000 5.20833333 1,000.00000000 Certficate Totals .00000000 5.20833333 1,000.00000000 TOTALS 33.28901448 4.43284695 966.71098552
IF THERE ARE ANY QUESTIONS OR COMMENTS, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW KIM COSTA THE CHASE MANHATTAN BANK - ASPG 450 WEST 33RD STREET, 10TH FLOOR NEW YORK, NEW YORK 10001 (212) 946-3247 @ CHASE MANHATTAN BANKING CORPORATION SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS PERIOD 1 PAGE # 2 DETERMINATION: 10-Jan-97 Beginning 1-Dec-96 DISTRIBUTION: 15-Jan-97 Ending 31-Dec-96 per $1000 Section 5.8 (iii) Servicing Fee $830,782.37 0.833333333 Section 5.8 (iv) Administration Fee $1,000.00 0.001003076 Section 5.8 (vi) Pool Balance at the end of the Collection Period $963,751,733.96 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivables By Seller $0.00 By Servicer $0.00 TOTAL $0.00 Section 5.8 (viii) Realized Losses for Collection Period $0.00 Section 5.8 (ix) Reserve Account Balance after Disbursement $18,194,628.69 Section 5.8 (x) Specified Reserve Account Balance $28,912,552.02 Section 5.8 (xi) Total Distribution Amount $41,652,422.64 Servicing Fee $830,782.37 Administrative Fee $1,000.00 Noteholders' Distribution Amount $37,445,249.17 Certifcateholders' Distribution $161,139.82 Reserve Account Transfer Amount $3,214,251.28
Section 5.8 (xii) Noteholders' Distributable Amount Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) A-1 $33,187,111.67 $960,575.00 $34,147,686.67 147.49827409 4.269222222 151.7674963 A-2 $0.00 $1,030,687.50 $1,030,687.50 .00000000 4.3125 4.3125 A-3 $0.00 $1,445,850.00 $1,445,850.00 .00000000 4.4625 4.4625 A-4 $0.00 $821,025.00 $821,025.00 .00000000 4.6125 4.6125 Total $33,187,111.67 $4,258,137.50 $37,445,249.17 34.35518806 4.408009834 38.7631979 Section 5.8 (xiii) Certificateholders' Distributable Amount Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) B-1 $0.00 $161,139.82 $161,139.82 $0.00 $5.21 $5.21 Total $0.00 $161,139.82 $161,139.82 $0.00 $5.21 $5.21
Section 5.8 (xiv) Reserve Account Transfer Amount $3,214,251.28 EX-20.2 3 MONTHLY REPORT FOR MONTH ENDED 1/31/97 CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS PERIOD 2 PAGE # 1 DETERMINATION: 10-Feb-97 Beginning 1/1/97 DISTRIBUTION: 18-Feb-97 Ending 1/31/97 CLASS A-1 5.489% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.750 % ASSET BACKED NOTES CLASS A-3 5.950% ASSET BACKED NOTES CLASS A-4 6.150% ASSET BACKED NOTES CLASS B-1 6.250% ASSET BACKED CERTIFICATES
ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE A-1 Notes $225,000,000.00 $191,812,888.33 $30,693,086.37 $994,368.67 $31,687,455.04 $161,119,801.96 A-2 Notes $239,000,000.00 $239,000,000.00 $0.00 $1,145,208.33 $1,145,208.33 $239,000,000.00 A-3 Notes $324,000,000.00 $324,000,000.00 $0.00 $1,606,500.00 $1,606,500.00 $324,000,000.00 A-4 Notes $178,000,000.00 $178,000,000.00 $0.00 $912,250.00 $912,250.00 $178,000,000.00 NOTES TOTALS $966,000,000.00 $932,812,888.33 $30,693,086.37 $4,658,327.00 $35,351,413.37 $902,119,801.96 B-1 $30,938,845.63 $30,938,845.63 $0.00 $161,139.82 $161,139.82 $30,938,845.63 CERTIFICATE TOTALS $30,938,845.63 $30,938,845.63 $0.00 $161,139.82 $161,139.82 $30,938,845.63 TOTALS $996,938,845.63 $963,751,733.96 $30,693,086.37 $4,819,466.82 $35,512,553.19 $933,058,647.59 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 136.41371720 4.41941631 716.08800871 A-2 0.00000000 4.79166665 1,000.00000000 A-3 0.00000000 4.95833333 1,000.00000000 A-4 0.00000000 5.12500000 1,000.00000000 Notes Totals 31.77338134 4.82228468 933.87143060 B-1 0.00000000 5.20833330 1,000.00000000 Certficate Totals 0.00000000 5.20833330 1,000.00000000 TOTALS 30.78733114 4.83426525 935.92365437
IF THERE ARE ANY QUESTIONS OR COMMENTS, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW KIM COSTA THE CHASE MANHATTAN BANK - ASPG 450 WEST 33RD STREET, 10TH FLOOR NEW YORK, NEW YORK 10001 (212) 946-3247 @ CHASE MANHATTAN BANKING CORPORATION SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS PERIOD 2 PAGE # 2 DETERMINATION: 10-Feb-97 Beginning 1/1/97 DISTRIBUTION: 18-Feb-97 Ending 1/31/97 per $1000 --------- Section 5.8 (iii) Servicing Fee $803,126.44 .8055924829 Section 5.8 (iv) Administration Fee $1,000.00 .001003076 Section 5.8 (vi) Pool Balance at the end of the Collection Period $933,058,647.59 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivables By Seller $0.00 By Servicer $0.00 TOTAL $0.00 Section 5.8 (viii) Realized Losses for Collection Period $0.00 Section 5.8 (ix) Reserve Account Balance after Disbursement $20,526,207.92 Section 5.8 (x) Specified Reserve Account Balance $27,991,759.43 Section 5.8 (xi) Total Distribution Amount $38,573,523.35 Servicing Fee $803,126.44 Administrative Fee $1,000.00 Noteholders' Distribution Amount $35,351,413.37 Certifcateholders' Distribution $161,139.82 Reserve Account Transfer Amount $2,256,843.72
Section 5.8 (xii) Noteholders' Distributable Amount Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) A-1 $30,693,086.37 $994,368.37 $31,687,455.04 136.41371720 4.41941631 140.83313351 A-2 $0.00 $1,145,208.33 $1,145,208.33 .00000000 4.79166665 4.79166665 A-3 $0.00 $1,606,500.00 $1,606,500.00 .00000000 4.95833333 4.95833333 A-4 $0.00 $912,250.00 $912,250.00 .00000000 5.12500000 5.12500000 Total $30,693,086.37 $4,658,327.50 $35,351,413.37 31.77338134 4.82228468 36.59566601 Section 5.8 (xiii) Certificateholders' Distributable Amount Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) B-1 $0.00 $161,139.82 $161,139.82 0.00000000 5.2083330 5.20833330 Total $0.00 $161,139.82 $161,139.82 0.00000000 5.2083330 5.20833330
Section 5.8 (xiv) Reserve Account Transfer Amount $2,256,843.72 EX-20.3 4 MONTHLY REPORT FOR MONTH ENDED 2/28/97 CHASE MANHATTAN AUTO OWNER TRUST SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS PERIOD 3 PAGE # 1 DETERMINATION: 10-Mar-97 Beginning 2/1/97 DISTRIBUTION: 17-Mar-97 Ending 2/28/97 CLASS A-1 5.489% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.750 % ASSET BACKED NOTES CLASS A-3 5.950% ASSET BACKED NOTES CLASS A-4 6.150% ASSET BACKED NOTES CLASS B-1 6.250% ASSET BACKED CERTIFICATES
ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE A-1 Notes $225,000,000.00 $161,119,801.96 $26,695,625.70 $663,289.94 $27,358,915.64 $134,424,176.26 A-2 Notes $239,000,000.00 $239,000,000.00 $0.00 $1,145,208.33 $1,145,208.33 $239,000,000.00 A-3 Notes $324,000,000.00 $324,000,000.00 $0.00 $1,606,500.00 $1,605,500.00 $324,000,000.00 A-4 Notes $178,000,000.00 $178,000,000.00 $0.00 $912,250.00 $912,250.00 $178,000,000.00 NOTES TOTALS $966,000,000.00 $902,119,801.96 $26,695,625.70 $4,327,248.27 $31,022,873.97 $875,424,176.26 B-1 $30,938,845.63 $30,938,845.63 $0.00 $161,139.82 $161,139.82 $30,938,845.63 CERTIFICATE TOTALS $30,938,845.63 $30,938,845.63 $0.00 $161,139.82 $161,139.82 $30,938,845.63 TOTALS $996,938,845.63 $933,058,647.59 $26,695,625.70 $4,488,388.09 $31,184,013.79 $906,363,021.89 FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE A-1 118.64722533 2.94795529 597.44078338 A-2 0.00000000 4.79166665 1,000.00000000 A-3 0.00000000 4.95833333 1,000.00000000 A-4 0.00000000 5.12500000 1,000.00000000 Notes Totals 27.63522329 4.47955307 906.23620731 B-1 0.00000000 5.20833330 1,000.00000000 Certficate Totals 0.00000000 5.20833330 1,000.00000000 TOTALS 26.77759606 4.50216993 909.14605832
IF THERE ARE ANY QUESTIONS OR COMMENTS, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW KIM COSTA THE CHASE MANHATTAN BANK - ASPG 450 WEST 33RD STREET, 10TH FLOOR NEW YORK, NEW YORK 10001 (212) 946-3247 @ CHASE MANHATTAN BANKING CORPORATION SERIES 1996-C STATEMENT TO CERTIFICATEHOLDERS PERIOD 3 PAGE # 2 DETERMINATION: 10-Mar-97 Beginning 2/1/97 DISTRIBUTION: 17-Mar-97 Ending 2/28/97 per $1000 --------- Section 5.8 (iii) Servicing Fee $777,548.87 .7799363786 Section 5.8 (iv) Administration Fee $1,000.00 .001003076 Section 5.8 (vi) Pool Balance at the end of the Collection Period $906,363,021.89 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivables By Seller $0.00 By Servicer $0.00 TOTAL $0.00 Section 5.8 (viii) Realized Losses for Collection Period $0.00 Section 5.8 (ix) Reserve Account Balance after Disbursement $22,283,512.02 Section 5.8 (x) Specified Reserve Account Balance $27,190,890.66 Section 5.8 (xi) Total Distribution Amount $33,644,876.20 Servicing Fee $31,022,873.97 Administrative Fee $161,139.82 Noteholders' Distribution Amount $1,682,313.54 Certifcateholders' Distribution $161,139.82 Reserve Account Transfer Amount $1,682,313.54
Section 5.8 (xii) Noteholders' Distributable Amount Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) A-1 $26,695,625.70 $663,289.94 $27,358,915.64 118.64722533 2.94795529 121.59518062 A-2 $0.00 $1,145,208.33 $1,145,208.33 .00000000 4.79166665 4.79166665 A-3 $0.00 $1,606,500.00 $1,606,500.00 .00000000 4.95833333 4.95833333 A-4 $0.00 $912,250.00 $912,250.00 .00000000 5.12500000 5.12500000 Total $26,695,625.70 $4,327,248.27 $31,022,873.97 27.63522329 4.47955307 32.11477637 Section 5.8 (xiii) Certificateholders' Distributable Amount Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) B-1 $0.00 $161,139.82 $161,139.82 0.00000000 5.2083330 5.20833330 Total $0.00 $161,139.82 $161,139.82 0.00000000 5.2083330 5.20833330
Section 5.8 (xiv) Reserve Account Transfer Amount $1,682,313.54 -----END PRIVACY-ENHANCED MESSAGE-----