-----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, Slz1qxw3M7lfzGamnaE3ChyCD5gwNAQQxJRXYAQfHz4DQgSm1vCmub558chRXGxR VqN0UcO4I++7NgeBXYTaBQ== 0000950133-97-003546.txt : 19971017 0000950133-97-003546.hdr.sgml : 19971017 ACCESSION NUMBER: 0000950133-97-003546 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 19971015 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19971016 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAPITAL ONE MASTER TRUST CENTRAL INDEX KEY: 0000922869 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 541088621 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-25762 FILM NUMBER: 97696567 BUSINESS ADDRESS: STREET 1: 11013 W BROAD ST RD CITY: GLEN ALLEN STATE: VA ZIP: 23060 BUSINESS PHONE: 7032051000 MAIL ADDRESS: STREET 1: 11013 WEST BROAD ST RD CITY: GLEN ALLEN STATE: VA ZIP: 23060 FORMER COMPANY: FORMER CONFORMED NAME: SIGNET MASTER TRUST DATE OF NAME CHANGE: 19940509 8-K 1 CAPITAL ONE MASTER TRUST FORM 8-K 1 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: October 15, 1997 ---------------- CAPITAL ONE MASTER TRUST CAPITAL ONE BANK (Exact name of registrant as specified in its charter) Virginia 0-25762 54-1719855 - ---------------------------------- ---------------- ------------------- (State or other jurisdiction of (Commission (IRS Employer incorporation) File Number) Identification No.) 11013 West Broad Street Road, Glen Allen, Virginia 23060 - -------------------------------------------------- ---------------- (Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code): (804) 967-1000 (Former name or former address, if changed since last report): Not Applicable Page 1 of 36 2 ITEM 5. OTHER EVENTS. The September 1997 monthly Certificateholders Statements to investors were distributed October 15, 1997. ITEM 7 (c). EXHIBITS The following are filed as exhibits to this Report under Exhibit 20: 1. September Performance Summary 2. Series 1993-1 Class A and Class B Certificateholder's Statements for the month of September 1997. 3. Series 1993-4 Class A and Class B Certificateholder's Statements for the month of September 1997. 4. Series 1994-3 Class A and Class B Certificateholder's Statements for the month of September 1997. 5. Series 1994-4 Class A and Class B Certificateholder's Statements for the month of September 1997. 6. Series 1994-A Certificateholders' Statement for the month of September 1997. 7. Series 1995-1 Class A and Class B Certificateholder's Statements for the month of September 1997. 8. Series 1995-2 Class A and Class B Certificateholder's Statements for the month of September 1997. 9. Series 1995-3 Class A and Class B Certificateholder's Statements for the month of September 1997. 10. Series 1995-4 Class A and Class B Certificateholder's Statements for the month of September 1997. 11. Series 1996-1 Class A and Class B Certificateholder's Statements for the month of September 1997. 12. Series 1996-2 Class A and Class B Certificateholder's Statements for the month of September 1997. 13. Series 1996-3 Class A and Class B Certificateholder's Statements for the month of September 1997. 14. Series 1997-1 Class A and Class B Certificateholder's Statements for the month of September 1997. 15. Series 1997-2 Class A and Class B Certificateholder's Statements for the month of September 1997. The following is filed as an exhibit to this Report under Exhibit 99: 1. Amendment No. 3 to the Pooling and Servicing Agreement, dated as of October 15, 1997. Page 2 of 36 3 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 there-unto duly authorized. CAPITAL ONE MASTER TRUST By: CAPITAL ONE BANK Servicer By: /s/ David M. Willey ---------------------- David M. Willey Vice President Date: October 15, 1997 Page 3 of 36 4 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------------ EXHIBITS TO FORM 8-K CAPITAL ONE MASTER TRUST CAPITAL ONE BANK (Exact name of registrant as specified in its charter) Page 4 of 36 5 INDEX TO EXHIBITS
SEQUENTIALLY EXHIBIT NUMBERED NUMBER EXHIBITS PAGE - ------ -------- ------------ 1 September Performance Summary 07 2 Series 1993-1 Class A and Class B Certificate- holder's Statements for the month of September 1997 09 3 Series 1993-4 Class A and Class B Certificate- holder's Statements for the month of September 1997 11 4 Series 1994-3 Class A and Class B Certificate- holder's Statements for the month of September 1997 13 5 Series 1994-4 Class A and Class B Certificate- holder's Statements for the month of September 1997 15 6 Series 1994-A Certificateholder's Statement for the month of September 1997 17 7 Series 1995-1 Class A and Class B Certificate- holder's Statements for the month of September 1997 18 8 Series 1995-2 Class A and Class B Certificate- holder's Statements for the month of September 1997 20 9 Series 1995-3 Class A and Class B Certificate- holder's Statements for the month of September 1997 22 10 Series 1995-4 Class A and Class B Certificate- holder's Statements for the month of September 1997 24 11 Series 1996-1 Class A and Class B Certificate- holder's Statements for the month of September 1997 26 12 Series 1996-2 Class A and Class B Certificate- holder's Statements for the month of September 1997 28
Page 5 of 36 6 13 Series 1996-3 Class A and Class B Certificate- holder's Statements for the month of September 1997 30 14 Series 1997-1 Class A and Class B Certificate- holder's Statements for the month of September 1997 32 15 Series 1997-2 Class A and Class B Certificate- holder's Statements for the month of September 1997 34 99.1 Amendment No. 3 to the Pooling and Servicing Agreement, dated as of October 15, 1997.
Page 6 of 36 EX-20.1 2 SEPTEMBER PERFORMANCE SUMMARY 1 CAPITAL ONE MASTER TRUST (RECEIVABLES) MONTHLY PERIOD : SEPTEMBER 1997 Beginning of the Month Principal Receivables : 9,948,526,113.48 ------------------ Beginning of the Month Finance Charge Receivables : 318,874,577.14 ------------------ Beginning of the Month Discounted Receivables : 0.00 ------------------ Beginning of the Month Total Receivables : 10,267,400,690.62 ------------------ Removed Principal Receivables : 0.00 ------------------ Removed Finance Charge Receivables : 0.00 ------------------ Removed Total Receivables : 0.00 ------------------ Additional Principal Receivables : 0.00 ------------------ Additional Finance Charge Receivables : 0.00 ------------------ Additional Total Receivables : 0.00 ------------------ Discounted Receivables Generated this Period 0.00 ------------------ End of the Month Principal Receivables : 9,717,533,715.14 ------------------ End of the Month Finance Charge Receivables : 313,771,837.31 ------------------ End of the Month Discounted Receivables : 0.00 ------------------ End of the Month Total Receivables : 10,031,305,552.45 ------------------ Excess Funding Account Balance 0.00 ------------------ Adjusted Invested Amount of all Master Trust Series 8,943,693,254.50 ------------------ End of the Month Seller Percentage 7.963342% ------------------
CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES) MONTHLY PERIOD : SEPTEMBER 1997 ACCOUNTS RECEIVABLES -------- ----------- End of the Month Delinquencies : 30 - 59 Days Delinquent 129,943 227,188,221.31 ------------------ ------------------ 60 - 89 Days Delinquent 80,850 142,163,074.96 ------------------ ------------------ 90 + Days Delinquent 176,917 328,447,780.60 ------------------ ------------------ Total 30 + Days Delinquent 387,710 697,799,076.87 ------------------ ------------------ Delinquencies 30 + Days as a Percent of End of the Month Total Receivables 6.96% ------------------ Defaulted Accounts During the Month 41,992 68,825,663.84 ------------------ ------------------ Annualized Default Rate as a Percent of Beginning of the Month Principal Receivables 8.30% ------------------
Page 7 of 36 2 CAPITAL ONE MASTER TRUST (COLLECTIONS)
MONTHLY PERIOD : SEPTEMBER 1997 COLLECTIONS PERCENTAGES ----------- ----------- Total Collections and Gross Payment Rate 1,044,256,921.71 10.17% ------------------ ------------- Collections of Principal Receivables and Principal Payment Rate 870,375,932.62 8.75% ------------------ ------------- Prior Month Billed Finance Charge and Fees 157,023,495.65 ------------------ Amortized AMF Income 10,121,610.41 ------------------ Interchange Collected 6,493,756.76 ------------------ Recoveries of Charged Off Accounts 5,102,258.87 ------------------ Collections of Discounted Receivables 0.00 ------------------ Collections of Finance Charge Receivables and Annualized Yield 178,741,121.69 21.56% ------------------ ------------- CAPITAL ONE MASTER TRUST (AMF COLLECTIONS) MONTHLY PERIOD : SEPTEMBER 1997 Beginning Unamortized AMF Balance 59,862,282.22 ------------- + AMF Slug for Added Accounts 0.00 ------------------ + AMF Collections 5,261,477.81 ------------------ - Amortized AMF Income 10,121,610.41 ------------------ Ending Unamortized AMF Balance 55,002,149.62 ------------- CAPITAL ONE MASTER TRUST (DISCOUNTED RECEIVABLES) MONTHLY PERIOD : September 1997 Gross Principal Payment Rate 8.75% ------------------ May 17, 1994 3% Discount of Addition 50,184,973.92 ------------- Total Discounted Receivables Collections as of Beginning of Month 50,184,973.92 ------------------ Collections of Discounted Receivables Current Month 0.00 ------------------ Discounted Receivables to be Collected 0.00 -------------
CAPITAL ONE BANK as Servicer By : /s/ John Schmohl ------------------------------ Name : John Schmohl Title : Director of External Reporting Page 8 of 36 EX-20.2 3 SERIES 1993-1 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1993-1 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.3333333333 ------------------------ 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.3333333333 ------------------------ 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------------ B) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.00 ------------------------ 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------------ 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00 ------------------------ 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1993-1 Investor Certificateholder's Investment) 0.0000000000 ------------------------ 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------------ C) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount. 4.5000000000 ------------------------ 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount. 4.5000000000 ------------------------
Page 9 of 36 2 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000 ------------------------ D) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.00 ------------------------ 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------------ 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00 ------------------------ 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1993-1 Investor Certificateholder's Investment) 0.0000000000 ------------------------ 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------------
CAPITAL ONE BANK as Servicer By : /s/ John Schmohl ------------------------------ Name : John Schmohl Title : Director of External Reporting Page 10 of 36 EX-20.3 4 SERIES 1993-4 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1993-4 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.9218750082 ------------------ 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.9218750082 ------------------ 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------ B) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.00 ------------------ 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------ 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00 ------------------ 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1993-4 Investor Certificateholder's Investment) 0.0000000000 ------------------ 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------ C) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.8333332967 ------------------
Page 11 of 36 2 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 4.8333332967 ------------------ 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------ D) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.00 ------------------ 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------ 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00 ------------------ 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1993-4 Investor Certificateholder's Investment) 0.0000000000 ------------------ 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------
CAPITAL ONE BANK as Servicer By : /s/ John Schmohl ----------------- Name : John Schmohl Title : Director of External Reporting Page 12 of 36 EX-20.4 5 SERIES 1994-3 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1994-3 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.8802083357 ------------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.8802083357 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------- B) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.00 ------------------- 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------- 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00 ------------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1994-3 Investor Certificateholder's Investment) 0.0000000000 ------------------- 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------- C) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 6.1250001228 -------------------
Page 13 of 36 2 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 6.1250001228 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------- D) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.00 ------------------- 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------- 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00 ------------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1994-3 Investor Certificateholder's Investment) 0.0000000000 ------------------- 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------- E) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 54,303,682 ------------------- F) The Required Collateral Amount as of the close of business on such Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder on such Distribution Date, will be equal to 54,303,682 -------------------
Page 14 of 36 EX-20.5 6 SERIES 1994-4 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1994-4 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 0.0000000000 ------------------ 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------ 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------ B) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.00 ------------------ 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------ 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00 ------------------ 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1994-4 Investor Certificateholder's Investment) 0.0000000000 ------------------ 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------ C) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 1,023.6666666667 ------------------
Page 15 of 36 2 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 23.6666666667 ------------------ 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 1,000.0000000000 ------------------ D) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.00 ------------------ 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------ 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00 ------------------ 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1994-4 Investor Certificateholder's Investment) 0.0000000000 ------------------ 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------ E) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 17,964,072 ------------------ F) The Required Collateral Amount as of the close of business on the current Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder on such Distribution Date, will be equal to 17,964,072 ------------------
Page 16 of 36 EX-20.6 7 SERIES 1994-A CERTIFICATEHOLDER'S STATEMENT 1 MONTHLY CERTIFICATEHOLDERS STATEMENT CAPITAL ONE MASTER TRUST SERIES 1994-A Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. 1) The total amount of the distribution to Investor Certificateholders of 1994-A on the Payment Date is 4.8504865700 ----------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of principal on the Investor Certificate is 0.0000000000 ----------------- 3) The amount of the distribution set forth in paragrah 1 above in respect of interest on the Investor Certificates 4.8504865700 -----------------
Page 17 of 36 EX-20.7 8 SERIES 1995-1 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1995-1 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.8718750000 --------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.8718750000 --------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 --------------- B) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.00 --------------- 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 --------------- 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00 --------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1995-1 Investor Certificateholder's Investment) 0.0000000000 --------------- 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.00 --------------- C) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.9635417284 ---------------
Page 18 of 36 2 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 4.9635417284 --------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 0.0000000000 --------------- D) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.00 --------------- 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 --------------- 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00 --------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1995-1 Investor Certificateholder's Investment) 0.0000000000 --------------- 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.00 --------------- E) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 99,000,000 --------------- F) The Required Collateral Amount as of the close of business on such Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder on such Distribution Date, will be equal to 99,000,000 ---------------
Page 19 of 36 EX-20.8 9 SERIES 1995-2 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1995-2 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.8052083333 -------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.8052083333 -------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 -------------- B) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $10,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 48.0520833333 -------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates 48.0520833333 -------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates 0.0000000000 -------------- C) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $100,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 480.5208333333 -------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates 480.5208333333 -------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates 0.0000000000 --------------
Page 20 of 36 2 D) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.00 ----------------- 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ----------------- 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00 ----------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1995-2 Investor Certificateholder's Investment) 0.0000000000 ----------------- 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ----------------- E) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.8968750769 ----------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 4.8968750769 ----------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 0.0000000000 ----------------- F) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.00 ----------------- 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ----------------- 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00 ----------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1995-2 Investor Certificateholder's Investment) 0.0000000000 ----------------- 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ----------------- G) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 26,250,000 ----------------- H) The Required Collateral Amount as of the close of business on such Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder on such Distribution Date, will be equal to 26,250,000 -----------------
Page 21 of 36 EX-20.9 10 SERIES 1995-3 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1995-3 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.8385416667 --------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.8385416667 --------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 --------------- B) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.00 --------------- 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 --------------- 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00 --------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1995-3 Investor Certificateholder's Investment) 0.0000000000 --------------- 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.00 --------------- C) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.9302083516 ---------------
Page 22 of 36 2 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 4.9302083516 --------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 0.0000000000 --------------- D) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.00 --------------- 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 --------------- 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00 --------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1995-3 Investor Certificateholder's Investment) 0.0000000000 --------------- 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.00 --------------- E) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 73,500,000 --------------- F) The Required Collateral Amount as of the close of business on such Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder on such Distribution Date, will be equal to 73,500,000 ---------------
Page 23 of 36 EX-20.10 11 SERIES 1995-4 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1995-4 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 14.8527794500 --------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 14.8527794500 --------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 --------------- B) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.00 --------------- 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 --------------- 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00 --------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1995-4 Investor Certificateholder's Investment) 0.0000000000 --------------- 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.00 --------------- C) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.8802083077 ---------------
Page 24 of 36 2 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 4.8802083077 --------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 0.0000000000 --------------- D) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.00 --------------- 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 --------------- 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00 --------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1995-4 Investor Certificateholder's Investment) 0.0000000000 --------------- 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.00 --------------- E) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 50,750,000 --------------- F) The Required Collateral Amount as of the close of business on such Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder on such Distribution Date, will be equal to 48,877,500 ---------------
Page 25 of 36 EX-20.11 12 SERIES 1996-1 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1996-1 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 0.0000000000 ----------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ----------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ----------------- B) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $10,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $10,000 Original Principal Amount 0.0000000000 ----------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates 0.0000000000 ----------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates 0.0000000000 ----------------- C) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $100,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $100,000 Original Principal Amount 0.0000000000 ----------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates 0.0000000000 ----------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates 0.0000000000 -----------------
Page 26 of 36 2 D) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.0000000000 ----------------- 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ----------------- 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.0000000000 ----------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1996-1 Investor Certificateholder's Investment) 0.0000000000 ----------------- 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.0000000000 ----------------- E) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.9385416477 ----------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 4.9385416477 ----------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 0.0000000000 ----------------- F) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.0000000000 ----------------- 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ----------------- 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000 ----------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1996-1 Investor Certificateholder's Investment) 0.0000000000 ----------------- 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.0000000000 ----------------- G) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 59,150,000 ----------------- H) The Required Collateral Amount as of the close of business on such Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder on such Distribution Date, will be equal to 59,150,000 -----------------
Page 27 of 36 EX-20.12 13 SERIES 1996-2 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1996-2 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.7968750000 ------------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.7968750000 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------- B) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $10,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $10,000 Original Principal Amount 47.9687500000 ------------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates 47.9687500000 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates 0.00 ------------------- C) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $100,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $100,000 Original Principal Amount 479.6875000000 ------------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates 479.6875000000 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates 0.0000000000 -------------------
Page 28 of 36 2 D) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.00 ------------------- 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------- 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00 ------------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1996-2 Investor Certificateholder's Investment) 0.0000000000 ------------------- 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------- E) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.9885416970 ------------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 4.9885416970 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 0.00 ------------------- F) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.00 ------------------- 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------- 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00 ------------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1996-2 Investor Certificateholder's Investment) 0.0000000000 ------------------- 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------- G) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 67,500,000 ------------------- H) The Required Collateral Amount as of the close of business on such Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder on such Distribution Date, will be equal to 67,500,000 -------------------
Page 29 of 36 EX-20.13 14 SERIES 1996-3 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1996-3 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.8135416750 ------------------ 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 4.8135416750 ------------------ 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------ B) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.00 ------------------ 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------ 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.00 ------------------ 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1996-3 Investor Certificateholder's Investment) 0.0000000000 ------------------ 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------ C) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 5.0135416364 ------------------ 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 5.0135416364 ------------------
Page 30 of 36 2 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 0.00 ------------------ D) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.00 ------------------ 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------ 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.00 ------------------ 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1996-3 Investor Certificateholder's Investment) 0.0000000000 ------------------ 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.00 ------------------ E) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 45,000,000 ------------------ F) The Required Collateral Amount as of the close of business on such Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder on such Distribution Date, will be equal to 45,000,000 ------------------
Page 31 of 36 EX-20.14 15 SERIES 1997-1 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1997-1 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 0.0000000000 ---------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ---------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ---------------- B) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $10,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $10,000 Original Principal Amount 0.0000000000 ---------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates 0.0000000000 ---------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates 0.0000000000 ---------------- C) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $100,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $100,000 Original Principal Amount 0.0000000000 ---------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates 0.0000000000 ---------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates 0.0000000000 ---------------- D) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.0000000000 ----------------
Page 32 of 36 2 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ---------------- 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.0000000000 ---------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1997-1 Investor Certificateholder's Investment) 0.0000000000 ---------------- 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.0000000000 ---------------- E) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 4.9635416098 ---------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount 4.9635416098 ---------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount 0.0000000000 ---------------- F) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.0000000000 ---------------- 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ---------------- 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000 ---------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1997-1 Investor Certificateholder's Investment) 0.0000000000 ---------------- 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.0000000000 ---------------- G) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 54,744,750 ---------------- H) The Required Collateral Amount as of the close of business on such Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Collateral Indebtedness Holder on such Distribution Date, will be equal to 54,744,750 ----------------
Page 33 of 36 EX-20.15 16 SERIES 1997-2 CLASS A AND CLASS B STATEMENTS 1 FORM OF MONTHLY STATEMENT CAPITAL ONE MASTER TRUST SERIES 1997-2 Pursuant to the Master Pooling and Servicing Agreement dated as of September 30, 1993 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Pooling and Servicing Agreement"), between Capital One Bank (as successor to Signet Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital One as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Capital One Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Distribution Date of October 15, 1997, and with respect to the performance of the Trust during the month September, 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used in this Certificate have their respective meanings set forth in the Pooling and Servicing Agreement. A) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $1,000 Original Principal Amount 0.0000000000 ------------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000 ------------------- B) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $10,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $10,000 Original Principal Amount 0.0000000000 ------------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates 0.0000000000 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates 0.0000000000 ------------------- C) Information Regarding Distributions to the Class A Certificateholders (Stated on the Basis of $100,000 Original Principal Amount) 1) The total amount of the distribution to Class A Certificateholders on October 15, 1997 per $100,000 Original Principal Amount 0.0000000000 ------------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class A Certificates 0.0000000000 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class A Certificates 0.0000000000 ------------------- D) Class A Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class A Investor Charge Off's 0.0000000000 -------------------
Page 34 of 36 2 2) The amount of Class A Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------- 3) The total amount of reimbursed to the Trust in respect of Class A Investor Charge Off's 0.0000000000 ------------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1997-2 Investor Certificateholder's Investment) 0.0000000000 ------------------- 5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date 0.0000000000 ------------------- E) Information Regarding Distributions to the Class B Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class B Certificateholders on October 15, 1997 per $1,000 Original Principal Amount. 4.9635416011 ------------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class B Certificates, per $1,000 Original Principal Amount. 4.9635416011 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000 ------------------- F) Class B Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class B Investor Charge Off's 0.0000000000 ------------------- 2) The amount of Class B Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------- 3) The total amount of reimbursed to the Trust in respect of Class B Investor Charge Off's 0.0000000000 ------------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1997-2 Investor Certificateholder's Investment) 0.0000000000 ------------------- 5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date 0.0000000000 ------------------- G) Information Regarding Distributions to the Class C Certificateholders (Stated on the Basis of $1,000 Original Principal Amount) 1) The total amount of the distribution to Class C Certificateholders on October 15, 1997 per $1,000 Original Principal Amount. 5.1510417514 ------------------- 2) The amount of the distribution set forth in paragraph 1 above in respect of interest on the Class C Certificates, per $1,000 Original Principal Amount. 5.1510417514 ------------------- 3) The amount of the distribution set forth in paragraph 1 above in respect of principal of the Class C Certificates, per $1,000 Original Principal Amount. 0.0000000000 -------------------
Page 35 of 36 3 H) Class C Investor Charge Off's and Reimbursement of Charge Off's 1) The amount of Class C Investor Charge Off's 0.0000000000 ------------------- 2) The amount of Class C Investor Charge Off's set forth in paragraph 1 above, per $1,000 Original Principal Amount 0.0000000000 ------------------- 3) The total amount of reimbursed to the Trust in respect of Class C Investor Charge Off's 0.0000000000 ------------------- 4) The amount set forth in paragraph 3 above, per $1,000 Original Principal Amount (which will have the effect of increasing, pro rata, the amount of each Series 1997-2 Investor Certificateholder's Investment) 0.0000000000 ------------------- 5) The amount, if any, by which the outstanding principal balance of the Class C Certificates exceeds the Class C Invested Amount after giving effect to all transactions on such Distribution Date 0.0000000000 ------------------- G) The Available Collateral Amount as of the close of business on the preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account) was equal to 45,199,125 ------------------- H) The Required Collateral Amount as of the close of business on the upcoming Distribution Date, after giving effect to any withdrawal from the Collateral Account and payments to the Class C Interest Holder on such Distribution Date, will be equal to 45,199,125 -------------------
Page 36 of 36 EX-99.1 17 AMEND. NO. 3 TO THE POOLING AND SERVICING AGREE. 1 EXHIBIT 99.1 EXECUTION COPY AMENDMENT NUMBER 3 TO THE POOLING AND SERVICING AGREEMENT THIS AMENDMENT NUMBER 3 TO THE POOLING AND SERVICING AGREEMENT, dated as of October 15, 1997, (this "Amendment") is among CAPITAL ONE BANK, a Virginia banking corporation, as Seller and Servicer, and THE BANK OF NEW YORK, as Trustee (the "Trustee") under the Pooling and Servicing Agreement dated as of September 30, 1993, between the Seller, the Servicer and the Trustee (as amended, supplemented and in effect on the date hereof, the "Pooling and Servicing Agreement"). RECITALS WHEREAS, Capital One Bank wishes to amend certain provisions of the Pooling and Servicing Agreement as provided herein in accordance with Section 13.01(a) of the Pooling and Servicing Agreement; NOW THEREFORE, in consideration of the premises and the agreements contained herein, the parties hereto agree as follows: SECTION . Definitions. Capitalized terms used herein and not otherwise defined herein shall have the meanings specified in the Pooling and Servicing Agreement. SECTION . Amendment of Section 1.01. (a) The definition of "Recoveries" in Section 1.01 of the Pooling and Servicing Agreement shall be deleted in its entirety and replaced with the following: "Recoveries" shall mean all amounts, excluding Insurance Proceeds, received by the Servicer with respect to Receivables which have previously become Defaulted Receivables (including any related Finance Charge Receivables), net of any out-of-pocket costs and expenses of collection (including attorneys fees and expenses) deducted therefrom, plus the net proceeds of any sale or securitization of such Defaulted Receivables (plus any related Finance Charge Receivables), plus any residual payments from any such securitization, but excluding any interest, principal and servicing fees or other fees payable with respect to the securitization of such Defaulted Receivables and the related Finance Charge Receivables. (b) Section 1.01 of the Pooling and Servicing Agreement shall be amended by inserting the following new definition in its correct alphabetical location: "Required Principal Balance" shall mean, as of any date of determination, (a) the sum of the "Initial Invested Amount" (as defined in the relevant Supplement) of the Investor Certificates of each Series outstanding on such date plus, as of such date of determination, the aggregate amounts of any increases in the Invested Amounts of each prefunded Series outstanding (in each case, other than any Series or portion thereof which is designated in the relevant Supplement as then being an Excluded Series) minus (b) the principal amount on deposit in the Excess Funding Account on such date; provided, however, if at any time the only Series outstanding are Excluded 2 Series and a Pay Out Event has occurred with respect to one or more of such Series, the Required Principal Balance shall mean (a) the sum of the "Invested Amount" (as defined in the relevant Supplement) of each such Excluded Series as of the earliest date on which any such Pay Out Event is deemed to have occurred, minus (b) the principal amount on deposit in the Excess Funding Account. SECTION . Amendment of Section 2.09. Section 2.09 of the Pooling and Servicing Agreement shall be amended by adding a new paragraph to the end of Section 2.09 to read as follows: In addition to the foregoing, on the date when any Receivable in an Account becomes a Defaulted Receivable (including any related Finance Charge Receivables), the Trust shall automatically and without further action or consideration be deemed to transfer, set over and otherwise convey to the Seller with respect to such Account, without recourse, representation or warranty, all right, title and interest of the Trust in and to the Defaulted Receivables (including any related Finance Charge Receivables) in such Account, all monies due or to become due with respect thereto, all proceeds thereof and any Insurance Proceeds relating thereto; provided, that Recoveries of such Account shall be applied as provided herein. The Trustee shall execute and deliver such instruments of transfer and assignment (including any UCC termination statements), in each case without recourse, as shall be reasonably requested by the Seller to vest in the Seller or its designee all right, title and interest that the Trust had in such Defaulted Receivables (including any related Finance Charge Receivables). SECTION . Amendment of Section 3.04. Section 3.04 of the Pooling and Servicing Agreement shall be amended by adding a new subsection (f) to the end of said Section 3.04 to read as follows: (e) Certain Recoveries. On or prior to each Determination Date, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer setting forth (or shall set forth in the Monthly Servicer's Certificate) (a) the amount of Recoveries equal to the net proceeds of any sale or initial securitization (excluding any residual payments from such securitization) of Defaulted Receivables (including the related Finance Charge Receivables) to be included as Collections of Finance Charge Receivables with respect to the preceding Monthly Period, which shall be equal to the amount of any such Recoveries received during the preceding three Monthly Periods divided by three and (b) the portion of any such Recoveries ("unamortized Recoveries") which have not been treated as Collections of Finance Charge Receivables with respect to the preceding Monthly Period. SECTION . Amendment of Section 4.02. Section 4.02 of the Pooling and Servicing Agreement shall be amended by deleting the penultimate sentence of the last paragraph of said Section 4.02 and replacing it with the following: Funds on deposit in the Excess Funding Account will be withdrawn and paid to the Seller on any Business Day to the extent that the Seller's Participation Amount exceeds the Required Seller's Interest and the aggregate amount of Principal Receivables exceeds the Required Principal Balance on such date; provided, however, that, if an Accumulation Period, Controlled Amortization Period or Early Amortization Period has commenced and is continuing with respect to one or more outstanding Series, any funds on deposit in the Excess Funding Account shall be treated as Shared Principal Collections and shall be allocated and distributed in accordance with Section 4.04 and the terms of the Supplements for the Principal Sharing Series. SECTION . Amendment of Section 4.03(a). Section 4.03(a) of the Pooling and Servicing Agreement shall be amended by inserting at the end of clause (i) of the last sentence of said Section 4.03(a) the following: 3 plus (z) the aggregate amount of the portion of Collections representing Recoveries which will not have been amortized in accordance with Section 3.04(e) with respect to the end of such Monthly Period and SECTION . Amendment of Section 4.03(c). Section 4.03(c) of the Pooling and Servicing Agreement shall be amended by deleting the first paragraph of said Section 4.03(c) in its entirety and replacing it with the following: (c) On the earlier of (A) the second Business Day after the Date of Processing and (B) the day on which the Servicer actually deposits any Collections into the Collection Account or, in the case of any Collections consisting of Interchange, not later than 12:00 noon, Richmond, Virginia time, on each Distribution Date, the Servicer will pay to the Seller (i) the Seller's allocable portion of Collections of Finance Charge Receivables and (ii) the Seller's allocable portion of Collections of Principal Receivables; provided, however, that in the case of Collections of Principal Receivables allocated to the Seller's Interest, such amount shall only be paid to the Seller if the Seller's Participation Amount exceeds the Required Seller's Interest and the aggregate amount of Principal Receivables exceeds the Required Principal Balance, but otherwise such amounts shall be deposited into the Excess Funding Account. Collections consisting of annual membership fees or Recoveries resulting from the sale or securitization of Defaulted Receivables (including the related Finance Charge Receivables) which have not yet been amortized in accordance with Section 3.04(d) or (e), as the case may be, and which are therefore not treated as Collections of Finance Charge Receivables or Principal Receivables, shall not be paid to the Seller or allocated to the Certificateholders' Interest. SECTION . Amendment of Section 4.04. Section 4.04 of the Pooling and Servicing Agreement shall be amended by deleting the two provisos in said Section 4.04 in their entirety and replacing them with the following: provided, however, that such amounts shall be paid to the Seller only if the Seller's Participation Amount for such Distribution Date exceeds the Required Seller's Interest and the aggregate amount of Principal Receivables exceeds the Required Principal Balance, but otherwise such amounts shall be deposited into the Excess Funding Account. SECTION . Effectiveness. The amendments provided for by this Amendment shall become effective on the date (the "Effective Date") that each of the following events occur: (a) The Seller shall have delivered to the Trustee and each provider of Series Enhancement an Officer's Certificate of the Seller stating that the Seller reasonably believes that the execution and delivery of this Amendment will not, based on the facts known to such officer at such time, have a material adverse effect on the interests of the Certificateholders. (b) The Seller shall have received from each Rating Agency written confirmation that the execution and delivery of this Amendment will not have a Ratings Effect and shall have delivered copies of each such confirmation to the Servicer and the Trustee. (c) The Servicer shall have delivered to the Trustee and any Series Enhancer entitled thereto pursuant to the relevant Supplement an Opinion of Counsel as to the matters specified in Exhibit H-1 to the Pooling and Servicing Agreement with respect to this Amendment. (d) Each of the parties hereto shall have received counterparts of this Amendment, duly executed by each of the parties hereto. (e) Each requirement of any Series Enhancement agreement applicable to amendment of the Pooling and Servicing Agreement shall have been satisfied. 4 SECTION . Pooling and Servicing Agreement in Full Force and Effect as Amended. Except as specifically amended hereby, all of the terms and conditions of the Pooling and Servicing Agreement shall remain in full force and effect. All references to the Pooling and Servicing Agreement in any other document or instrument shall be deemed to mean such Pooling and Servicing Agreement as amended by this Amendment. This Amendment shall not constitute a novation of the Pooling and Servicing Agreement, but shall constitute an amendment thereof. The parties hereto agree to be bound by the terms and obligations of the Pooling and Servicing Agreement, as amended by this Amendment, as though the terms and obligations of the Pooling and Servicing Agreement were set forth herein. SECTION . Counterparts. This Amendment may be executed in any number of counterparts and by separate parties hereto on separate counterparts, each of which when executed shall be deemed an original, but all such counterparts taken together shall constitute one and the same instrument. SECTION . Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 5 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to the Pooling and Servicing Agreement to be duly executed by their respective authorized officers as of the day and year first above written. CAPITAL ONE BANK, Seller and Servicer By: ----------------------------- Name: Title: THE BANK OF NEW YORK, Trustee By: ----------------------------- Name: Title: [Signature Page to Amendment Number 3 to the Pooling and Servicing Agreement] -----END PRIVACY-ENHANCED MESSAGE-----