-----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, LKyF8DdjOBl2kagwFLG968jDAufbklbpYa9nb3zdwm7tZrgLiDSqbb9UooD69Cfc A1/Vsp1EdwjBFYefN947Ww== /in/edgar/work/0000950170-00-001666/0000950170-00-001666.txt : 20001024 0000950170-00-001666.hdr.sgml : 20001024 ACCESSION NUMBER: 0000950170-00-001666 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000930 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20001023 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RYDER SYSTEM INC CENTRAL INDEX KEY: 0000085961 STANDARD INDUSTRIAL CLASSIFICATION: [7510 ] IRS NUMBER: 590739250 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-04364 FILM NUMBER: 744079 BUSINESS ADDRESS: STREET 1: 3600 NW 82ND AVE CITY: MIAMI STATE: FL ZIP: 33166 BUSINESS PHONE: 3055003283 MAIL ADDRESS: STREET 1: 3600 NW 82 AVENUE CITY: MIAMI STATE: FL ZIP: 33166 8-K 1 0001.txt FORM 8-K 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 (Date of earliest event reported): October 13, 2000 RYDER VEHICLE LEASE TRUST 1999-A (Exact name of registrant as specified in its charter) Delaware 333-81455 52-7000600 (State or other jurisdiction of (Commission (IRS Employer incorporation or organization) File Number) Identification No.) 3600 NW 82nd Avenue, Miami, Florida 33166 (Address of principal executive offices) (Zip Code) (305) 500-3726 (Registrant's telephone number, including area code) Page 1 of 9 This report consists of 9 consecutively numbered pages. ITEM 5. OTHER EVENTS The Quarterly Report to Investors (Payment Date Certificate) for the quarter ended September 30, 2000 was delivered to the trustee of the Ryder Vehicle Lease Trust 1999-A on October 13, 2000. ITEM 7. EXHIBITS The following is filed as an exhibit to this report: Exhibit 99.1 Quarterly Report to Investors (Payment Date Certificate) for the quarter ended September 30, 2000. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. RYDER VEHICLE LEASE TRUST 1999-A (Registrant) Date: October 13, 2000 /s/ W. Daniel Susik ---------------------------------------- W. Daniel Susik Vice President and Treasurer Ryder Truck Rental, Inc. (Duly Authorized Officer of the Administrator on behalf of the Trust) 3 INDEX TO EXHIBITS EXHIBIT NUMBER DESCRIPTION OF EXHIBIT PAGE - -------------- ---------------------- ---- Exhibit 99.1 Quarterly Report to Investors (Payment Date Certificate) for the quarter ended September 30, 2000 5 4 EX-99.1 2 0002.txt EXHIBIT 99.1 - -------------------------------------------------------------------------------- Ryder Vehicle Lease Trust 1999-A Payment Date Certificate - -------------------------------------------------------------------------------- The undersigned, duly authorized representative of Ryder Truck Rental, Inc., as Administrative Agent under the Administration Agreement, among Ryder Truck Rental LT, Ryder Truck Rental I LP, Ryder Truck Rental II LP and Ryder Truck Rental, Inc., dated as of February 1, 1998, as supplemented by that certain Supplement 1999-A to Administration Agreement, dated as of October 1, 1999 (the "Administration Supplement"), certifies as follows pursuant to the Indenture, dated as of October 1, 1999 (the "Indenture"), between Ryder Vehicle Lease Trust 1999-A (the "Issuer") and U.S. Bank National Association, as trustee (the "Trustee"): 1. Capitalized terms used in this Certificate have been defined in the Indenture; 2. Ryder Truck Rental, Inc. is the Administrative Agent; 3. The undersigned is an Officer of the Administrative Agent; and 4. The following information is supplied pursuant to Sections 8.03 and 8.04(e) of the Indenture and Section 5.02 of the Amended and Restated Trust Agreement, dated as of October 1, 1999 (the "Trust Agreement") between Ryder Funding LP and Chase Manhattan Bank Delaware, as Owner Trustee: (i) SUBI Collections for the Collection Period $ 16,475,323.87 Amounts allocable to the 99% 1999-A SUBI Certificate $ 16,310,570.63 Amounts allocable to the 1% 1999-A SUBI Certificate $ 164,753.24 (ii) Available Funds (i) 99% of SUBI Collections $ 16,310,570.63 (ii) Advances -$ 11,314.45 (iii) 99% of the Residual Value Surplus Draw Amount $ 0.00 (iv) The Optional Purchase Price $ 0.00 (iii) Interest accrued on the Class A Notes during the Accrual Period Class A-1 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-2 $ 878,629.47 Dollar Amount per $1,000 of original principal balance $ 13.946 Class A-3 $ 901,800.00 Dollar Amount per $1,000 of original principal balance $ 16.700 Class A-4 $ 912,925.00 Dollar Amount per $1,000 of original principal balance of the Notes $ 17.225
5 Class A-5 $ 1,513,342.50 Dollar Amount per $1,000 of original principal balance of the Notes $ 17.825 (iv) Interest accrued on the Subordinated Notes during the Accrual Period $ 250,697.33 Dollar Amount per $1,000 of original principal balance of the Subordinated Notes $ 19.250 (v) Interest on the Aggregate Certificate Balance of the Trust Certificates $ 209,027.57 during the Accrual Period Transferor Trust Certificate Amount $ 2,090.28 Dollar Amount per $1,000 of original principal balance of the $ 19.250 Transferor Trust Certificate Other Trust Certificates Amount $ 206,937.29 Dollar Amount per $1,000 of original principal balance of the $ 19.250 Other Trust Certificates (vi) Outstanding Amounts as of the day immediately preceding the Payment Date Class A Notes Class A-1 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-2 $ 54,658,131.94 Dollar Amount per $1,000 of original principal balance $ 867.59 Class A-3 $ 54,000,000.00 Dollar Amount per $1,000 of original principal balance $ 1,000.00 Class A-4 $ 53,000,000.00 Dollar Amount per $1,000 of original principal balance $ 1,000.00 Class A-5 $ 84,900,000.00 Dollar Amount per $1,000 of original principal balance $ 1,000.00 Subordinated Notes $ 13,023,238.00 Dollar Amount per $1,000 of original principal balance $ 1,000.00 Aggregate Certificate Balance of the Trust Certificates $ 10,858,575.00 Dollar Amount per $1,000 of original principal balance $ 1,000.00 (vii) SUBI Collections Deposited into the Note Distribution Account $ 4,206,696.97 Class A-1 $ 0.00 Class A-2 $ 878,629.47 Class A-3 $ 901,800.00 Class A-4 $ 912,925.00 Class A-5 $ 1,513,342.50 Deposited into the Certificate Distribution Account $ 209,027.57 (viii) (A) Reserve Fund Balance as of the previous Payment Date $ 9,970,408.92 Reserve Fund Requirement (constant) $ 9,970,408.92 Reserve Fund at the beginning of the Collection Period $ 9,970,408.92 Reserve Fund at the end of the Collection Period $ 9,970,408.92 (B) Reserve Fund Deposit Amount (Sub Note Interest & Principal) $ 250,697.33
6 (C) Reserve Fund Draw Amount $ 0.00 (D) Reserve Fund Balance after all withdrawals and deposits in respect $ 9,970,408.92 of the Payment Date (E) Change in the Reserve Fund Balance from the prior Payment Date $ 0.00 (ix) Class A Notes Distribution Amount Class A-1 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Portion Allocable to Interest $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-2 $ 11,710,964.48 Dollar Amount per $1,000 of original principal balance $ 185.888 Portion Allocable to Interest $ 878,629.47 Dollar Amount per $1,000 of original principal balance $ 13.946 Class A-3 $ 901,800.00 Dollar Amount per $1,000 of original principal balance $ 16.700 Portion Allocable to Interest $ 901,800.00 Dollar Amount per $1,000 of original principal balance $ 16.700 Class A-4 $ 912,925.00 Dollar Amount per $1,000 of original principal balance $ 17.225 Portion Allocable to Interest $ 912,925.00 Dollar Amount per $1,000 of original principal balance $ 17.225 Class A-5 $ 1,513,342.50 Dollar Amount per $1,000 of original principal balance $ 17.825 Portion Allocable to Interest $ 1,513,342.50 Dollar Amount per $1,000 of original principal balance $ 17.825 Certificate Distribution Amount $ 209,027.57 Dollar Amount per $1,000 of original principal balance $ 19.250 Portion Allocable to Interest $ 209,027.57 Dollar Amount per $1,000 of original principal balance $ 19.250 (x) Quarterly Principal Distributable Amount Class A Notes Class A-1 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-2 $ 10,832,335.01 Dollar Amount per $1,000 of original principal balance $ 171.942 Class A-3 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-4 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-5 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Subordinated Notes $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Trust Certificates $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00
7 Optimal Principal Distributable Amount Class A Notes Class A-1 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-2 $ 10,832,335.01 Dollar Amount per $1,000 of original principal balance $ 171.942 Class A-3 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-4 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-5 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Subordinated Notes $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Trust Certificates $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Principal Shortfall Amount Class A Notes Class A-1 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-2 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-3 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-4 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Class A-5 $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Subordinated Notes $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 Trust Certificates $ 0.00 Dollar Amount per $1,000 of original principal balance $ 0.00 (xi) Class A-1 Note Factor 0.00 Class A-2 Note Factor .6956476 Class A-3 Note Factor 1.0000000 Class A-4 Note Factor 1.0000000 Class A-5 Note Factor 1.0000000 Subordinated Note Factor 1.0000000 Certificate Factor (does not include Transferor Trust Certificate) 1.0000000
8 (xii) Residual Value Losses for the immediately preceding Collection Period $ 7,565.41 Residual Value Surplus for the immediately preceding Collection Period $ 0.00 Amount on Deposit in the Residual Value Surplus Account $ 0.00 Residual Value Surplus Draw Amount included in Available Funds $ 0.00 Residual Value Surplus Draw Amount $ 0.00 (xiii) Special Event Purchases during the Collection Period $ 0.00 Aggregate Securitization Value (as of Cutoff Date or during the related Calendar $ 0.00 Year, as applicable) of Special Event Purchases made year-to-date (xiv) Sales Proceeds Advances included in Available Funds $ 0.00 Financial Component Advances included in Available Funds -$ 7,685.89 (xv) Payment Date Advance Reimbursement for the Accrual Period For Credit Losses -$ 3,628.56 For Sales Proceeds Advances Outstanding for 9 or more months $ 0.00 (xvi) Amounts released to the Transferor As Subordinated Noteholder $ 339,943.77 As Holder of the Transferor Trust Certificate $ 373,502.77 (xvii) Administration Fee for the Collection Period $ 666,904.31 Any unpaid fees in respect of one or more prior Collection Periods $ 0.00 (xviii) Retained SUBI Certificate Distribution Amount $ 158,016.83 Retained SUBI Certificate Amount $ 164,753.24 Retained Administration Fee for the Collection Period $ 6,736.41 (xix) Net Investment Earnings on the SUBI Collection Account $ 171,492.70 and the Residual Value Surplus Account (xx) Net Investment Earnings on the Reserve Fund $ 157,661.52 (xxi) Amount distributable to the Transferor from the Residual Value Surplus Account $ 0.00
IN WITNESS WHEREOF, the undersigned has duly executed this Certificate on: October 13, 2000. Ryder Truck Rental as Administrative Agent by ------------------------------------------- W. Daniel Susik Vice President & Treasurer Ryder Truck Rental, Inc. (Authorized Officer of the Administrative Agent) 9 -----END PRIVACY-ENHANCED MESSAGE-----