-----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, Mlfsa56mR/msdTqKRtYg4DfliXeAkjKL4IaMf9Yg8t844bo6EYSRHXgONSjf6rTl li554FqwUEU9DPMp0aPHNw== 0000835271-98-000405.txt : 19981120 0000835271-98-000405.hdr.sgml : 19981120 ACCESSION NUMBER: 0000835271-98-000405 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981116 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981119 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: 98755008 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: 98755009 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 11/16/98 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: November 16, 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, Series 1998-4 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 November 16, 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, Series 1998-4 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 November 16, 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: November 18, 1998 INDEX TO EXHIBITS ----------------- Exhibit No. Description ---------- ----------- 20.1 Monthly Reports with respect to the November 16, 1998 distribution EX-20.1 2 MONTHLY REPORT FOR MONTH ENDED 10/31/98 Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1996-4 Distribution Date: 11/16/98 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 6,892,467.56 597,183.70 804,482.24 8,294,133.50 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 160,796,276.67 13,399,613.15 17,228,249.07 191,424,138.90 (iv) Collections of Finance Charge Receivables 22,296,804.96 1,858,056.46 2,388,954.01 26,543,815.43 (v) Aggregate Amount of Principal Receivables 16,078,898,279.97 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 10.37% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 10.37% 84.00% 7.00% 9.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.07% 30 to 59 days 1.59% 60 to 89 days 1.09% 90 or more days 2.25% Total Receivables 100.00% (vii) Investor Default Amount 7,955,514.60 662,955.76 852,380.35 9,470,850.71 (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) 12.29% (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 5.40859% (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 21,130,138.29 1,760,834.80 2,263,953.45 25,154,926.54 (xx) Certificate Rate 5.53859% 5.75859% 6.03359% - ------------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1997-1 Distribution Date: 11/16/98 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 5,620,780.89 485,433.76 663,561.65 6,769,776.30 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 132,082,655.84 11,006,849.70 14,151,751.40 157,241,256.95 (iv) Collections of Finance Charge Receivables 18,315,232.64 1,526,264.08 1,962,351.66 21,803,848.38 (v) Aggregate Amount of Principal Receivables 16,078,898,279.97 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 8.51% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 8.51% 84.00% 7.00% 9.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.07% 30 to 59 days 1.59% 60 to 89 days 1.09% 90 or more days 2.25% Total Receivables 100.00% (vii) Investor Default Amount 6,534,886.99 544,572.02 700,168.36 7,779,627.37 (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) 12.29% (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 5.40859% (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 17,356,899.31 1,446,403.24 1,859,672.81 20,662,975.37 (xx) Certificate Rate 5.49859% 5.69859% 6.05859% - ------------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1997-2 Distribution Date: 11/16/98 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 7,875,000.00 458,095.13 613,033.71 8,946,128.83 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 172,281,725.01 9,788,703.05 13,704,259.50 195,774,687.56 (iv) Collections of Finance Charge Receivables 23,889,433.88 1,357,349.85 1,900,300.23 27,147,083.96 (v) Aggregate Amount of Principal Receivables 16,078,898,279.97 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 10.60% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 10.60% 88.00% 5.00% 7.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.07% 30 to 59 days 1.59% 60 to 89 days 1.09% 90 or more days 2.25% Total Receivables 100.00% (vii) Investor Default Amount 8,523,765.64 484,303.32 678,028.36 9,686,097.32 (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) 12.29% (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 5.40859% (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 22,639,433.88 1,286,327.35 1,800,868.18 25,726,629.42 (xx) Certificate Rate 6.30000% 6.45000% 5.90859% - -------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1997-3 Distribution Date: 11/16/98 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 0.00 106,638.85 146,634.92 253,273.77 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 28,713,620.83 2,392,763.45 3,076,497.70 34,182,881.99 (iv) Collections of Finance Charge Receivables 3,981,572.31 331,792.38 426,602.35 4,739,967.05 (v) Aggregate Amount of Principal Receivables 16,078,898,279.97 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 1.85% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 1.85% 84.00% 7.00% 9.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.07% 30 to 59 days 1.59% 60 to 89 days 1.09% 90 or more days 2.25% Total Receivables 100.00% (vii) Investor Default Amount 1,420,627.61 118,383.74 152,212.00 1,691,223.34 (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) 12.32% (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 5.40859% (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 3,779,120.28 314,431.55 404,280.64 4,497,832.47 (xx) Certificate Rate 6.77700% 5.75859% 6.15859% - -----------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1997-4 Distribution Date: 11/16/98 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 2,969,914.67 256,381.78 336,205.14 3,562,501.59 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 68,912,690.00 5,742,724.17 7,383,502.58 82,038,916.75 (iv) Collections of Finance Charge Receivables 9,555,773.55 796,314.46 1,023,832.89 11,375,920.91 (v) Aggregate Amount of Principal Receivables 16,078,898,279.97 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 4.44% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 4.44% 84.00% 7.00% 9.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.07% 30 to 59 days 1.59% 60 to 89 days 1.09% 90 or more days 2.25% Total Receivables 100.00% (vii) Investor Default Amount 3,409,506.26 284,125.52 365,304.25 4,058,936.02 (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 500,000.00 41,666.67 53,571.43 595,238.10 (xi) Portfolio Yield (Net of Defaulted Receivables) 12.29% (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 5.40859% (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 9,055,773.55 754,647.80 970,261.46 10,780,682.81 (xx) Certificate Rate 5.56859% 5.76859% 6.00859% - ------------------------------------------------------------------------------------------------------------------------
Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1997-5 Distribution Date: 11/16/98 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 2,580,833.33 151,230.58 214,193.07 2,946,256.98 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 57,427,241.67 3,262,901.02 4,568,086.58 65,258,229.26 (iv) Collections of Finance Charge Receivables 7,963,144.63 452,449.95 633,433.42 9,049,028.00 (v) Aggregate Amount of Principal Receivables 16,078,898,279.97 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 3.53% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 3.53% 88.00% 5.00% 7.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.07% 30 to 59 days 1.59% 60 to 89 days 1.09% 90 or more days 2.25% Total Receivables 100.00% (vii) Investor Default Amount 2,841,255.21 161,434.44 226,009.46 3,228,699.11 (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) 12.29% (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 5.40859% (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 7,546,477.96 428,775.78 600,289.40 8,575,543.15 (xx) Certificate Rate 6.19400% 6.38800% 6.05859% - -----------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1998-2 Distribution Date: 11/16/98 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 11,291,076.44 335,320.50 448,277.01 12,074,673.96 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 91,883,586.67 7,656,888.99 9,844,746.64 109,385,222.30 (iv) Collections of Finance Charge Receivables 12,741,031.40 1,061,742.00 1,365,121.13 15,167,894.54 (v) Aggregate Amount of Principal Receivables 16,078,898,279.97 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 5.92% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 5.92% 84.00% 7.00% 9.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.07% 30 to 59 days 1.59% 60 to 89 days 1.09% 90 or more days 2.25% Total Receivables 100.00% (vii) Investor Default Amount 4,546,008.34 378,830.24 487,076.11 5,411,914.70 (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) 12.33% (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 5.40859% (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 19,593,117.10 1,006,187.00 1,293,692.01 21,892,996.11 (xx) Certificate Rate 5.34933% 5.65859% 5.88359% - -----------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1998-3 Distribution Date: 11/16/98 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 3,000,000.00 174,711.25 251,126.90 3,425,838.15 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 68,912,690.00 3,915,389.34 5,481,795.68 78,309,875.02 (iv) Collections of Finance Charge Receivables 9,555,773.55 542,927.20 760,132.83 10,858,833.59 (v) Aggregate Amount of Principal Receivables 16,078,898,279.97 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 4.24% 88.00% 5.00% 7.00% 100.00% Fixed Investor Percentage 4.24% 88.00% 5.00% 7.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.07% 30 to 59 days 1.59% 60 to 89 days 1.09% 90 or more days 2.25% Total Receivables 100.00% (vii) Investor Default Amount 3,409,506.26 193,716.78 271,215.89 3,874,438.93 (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) 12.29% (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 5.40859% (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 9,055,773.55 514,518.87 720,359.35 10,290,651.77 (xx) Certificate Rate 6.00000% 6.15000% 6.05859% - -------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1998-4 Distribution Date: 11/16/98 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 Paid to Swap Counterparty: 2,721,959.49 Monthly Interest Distributed 236,076.34 325,515.54 Total Monthly Interest 3,283,551.36 Annual Interest Distributed DEM 0.00 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 63,455,515.67 5,287,900.41 6,798,864.55 75,542,280.64 (iv) Collections of Finance Charge Receivables 8,799,054.84 733,246.36 942,764.10 10,475,065.30 (v) Aggregate Amount of Principal Receivables 16,078,898,279.97 Investor Interest 552,486,188.00 46,040,000.00 59,195,465.00 657,721,653.00 Adjusted Interest 552,486,188.00 46,040,000.00 59,195,465.00 657,721,653.00 Class A DEM 1,000,000,000 Series Floating Investor Percentage 4.09% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 4.09% 84.00% 7.00% 9.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.07% 30 to 59 days 1.59% 60 to 89 days 1.09% 90 or more days 2.25% Total Receivables 100.00% (vii) Investor Default Amount 3,139,508.53 261,622.78 336,378.85 3,737,510.15 (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 460,405.16 38,366.67 49,329.55 548,101.38 (xi) Portfolio Yield (Net of Defaulted Receivables) 12.29% (xii) Reallocated Monthly Principal 0.00 0.00 0.00 (xiii) Closing Investor Interest (Class A Adjusted) 552,486,188.00 46,040,000.00 59,195,465.00 657,721,653.00 (xiv) LIBOR 5.40859% (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 8,338,649.68 694,879.69 893,434.54 9,926,963.92 (xx) Certificate Rate 5.76859% 6.30859% Class A Swap Floating Rate 5.54259% Class A DEM 5.00000% - ------------------------------------------------------------------------------------------------------------------------------------
Chase Manhattan Bank USA, N.A. Monthly Certificateholder's Statement Chase Credit Card Master Trust Series 1998-5 Distribution Date: 11/16/98 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 5,506,019.10 474,778.16 655,840.80 6,636,638.05 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 89,742,522.78 7,478,451.52 9,615,362.37 106,836,336.67 (iv) Collections of Finance Charge Receivables 12,429,697.87 1,035,795.41 1,331,766.10 14,797,259.37 (v) Aggregate Amount of Principal Receivables 16,078,898,279.97 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 4.81% 84.00% 7.00% 9.00% 100.00% Fixed Investor Percentage 4.81% 84.00% 7.00% 9.00% 100.00% (vi) Receivables Delinquent (As % of Total Receivables) Current 95.07% 30 to 59 days 1.59% 60 to 89 days 1.09% 90 or more days 2.25% Total Receivables 100.00% (vii) Investor Default Amount 4,255,231.06 354,598.22 455,921.98 5,065,751.26 (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 686,111.11 57,175.22 73,512.61 816,798.94 (xi) Portfolio Yield (Net of Defaulted Receivables) 12.24% (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 5.59375% (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 11,743,586.76 978,620.19 1,258,253.49 13,980,460.43 (xx) Certificate Rate 5.75375% 5.95375% 6.44375% - -----------------------------------------------------------------------------------------------------------------------------
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