EX-99.2 3 d117289dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

CARD SERIES SCHEDULE TO

MONTHLY NOTEHOLDERS’ STATEMENT

Date: 01/12/2016

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1

Monthly Period Ending: December 31, 2015

Reference is made to the Series 2002-CC Supplement as amended,(the “Series 2002-CC Supplement”), dated as of October 9, 2002, between Capital One Funding, LLC, a Virginia limited liability company (“Funding”), as Transferor, Capital One Bank (USA), National Association, a national banking association (the “Bank”), as Servicer , and The Bank of New York Mellon, as Trustee, and the Indenture as amended,(the “Indenture”), dated as of October 9, 2002, between Capital One Multi-asset Execution Trust, as Issuer, and The Bank of New York Mellon, as Indenture Trustee.

The following computations are prepared with respect to the Transfer Date of January 14, 2016 and with respect to the performance of the Trust during the related Monthly Period from December 1, 2015 through December 31, 2015. Current Distribution Date is January 15, 2016.

Interest Period for all tranches generally includes the previous Distribution Date (or in the case of the initial Interest Payment Date, the Issuance Date) through the day preceding the current Distribution Date.

Interest on floating rate tranches is calculated on the basis of 360-day year and the actual number of days in the related interest Period. Interest on fixed rate tranches is calculated on the basis of a 360-day year and twelve 30-day months.

Material terms, parties and related abbreviations used herein may be found in the following documents as filed with the Securities and Exchange Commision (“SEC”).

 

Amended and Restated Pooling and Servicing Agreement dated as of August 1, 2002, January 13, 2006, March 23, 2007 and July 1, 2007.    Included in Exhibit 4.2 to Funding’s Form 8-K filed with the SEC on July 6, 2007.
First Amendment to Amended and Restated Pooling and Servicing Agreement dated as of March 1, 2008.    Included in Exhibit 4.2 to Funding’s Form 8-K filed with the SEC on March 4, 2008.
Second Amendment to Amended and Restated Pooling and Servicing Agreement dated as of July 15, 2010.    Included in Exhibit 4.1 to Trust’s Form 8-K filed with the SEC on July 15, 2010.
Series 2002-CC Supplement to the Amended and Restated Pooling and Servicing Agreement dated as of October 9, 2002, relating to the COMT Collateral Certificate.    Included in Exhibit 4.1 to Funding’s Form 8-K filed with the SEC on November 12, 2002.
First Amendment to the Series 2002-CC Supplement dated as of March 1, 2008.    Included in Exhibit 4.6 to Funding’s Form 8-K filed with the SEC on March 4, 2008.
Transfer and Administration Agreement dated as of October 9, 2002.    Included in Exhibit 4.2 to Funding’s Form 8-K filed with the SEC on November 12, 2002.
First Amendment to Transfer and Administration Agreement dated as of March 1, 2008.    Included in Exhibit 4.10 to Funding’s Form 8-K filed with the SEC on March 4, 2008.

 

1

Capital One Multi-asset Execution Trust Amended and Restated Trust Agreement dated as of October 9, 2002.    Included in Exhibit 4.3 to Funding’s Form 8-K filed with the SEC on November 12, 2002.
Indenture dated as of October 9, 2002.    Included in Exhibit 4.4 to Funding’s Form 8-K filed with the SEC on November 12, 2002.
First Amendment to Indenture dated as of March 1, 2008.    Included in Exhibit 4.7 to Funding’s Form 8-K filed with the SEC on March 4, 2008.
COMT Asset Pool 1 Supplement dated as of October 9, 2002.    Included in Exhibit 4.5 to Funding’s Form 8-K filed with the SEC on November 12, 2002.
First Amendment to COMT Asset Pool 1 Supplement dated as of March 1, 2008.    Included in Exhibit 4.8 to Funding’s Form 8-K filed with the SEC on March 4, 2008.
COMT Asset Pool 1 Supplement dated as of October 9, 2002.    Included in Exhibit 4.6 to Funding’s Form 8-K filed with the SEC on November 12, 2002.
First Amendment to Card Series Indenture Supplement dated as of March 1, 2008.    Included in Exhibit 4.9 to Funding’s Form 8-K filed with the SEC on March 4, 2008.

 

2

A. Interest to be paid on the corresponding Distribution Date:

 

     CUSIP Number      Interest Payment
Date		      Total Amount of
Interest to be paid		      Per $1000 of
Outstanding Dollar
Principal Amount		  

CLASS A (2006-3)

      14041NCQ2         15-Jan-16         1,683,333.33         4.2083333250   

CLASS A (2006-11)

      14041NDB4         15-Jan-16         271,572.92         0.3620972267   

CLASS A (2007-1)

      14041NDG3         15-Jan-16         204,782.99         0.3276527840   

CLASS A (2007-2)

      14041NDL2         15-Jan-16         247,440.28         0.3534861143   

CLASS A (2007-5)

      14041NDT5         15-Jan-16         191,425.00         0.3190416667   

CLASS A (2007-7)

      14041NDX6         15-Jan-16         4,791,666.67         4.7916666700   

CLASS A (2007-A)

      U13554AD9         15-Jan-16         866,666.67         4.3333333500   

CLASS A (2013-1)

      14041NEK3         15-Jan-16         393,750.00         0.5250000000   

CLASS A (2013-2)

      14041NEL1         15-Jan-16         307,718.06         0.4395972286   

CLASS A (2013-3)

      14041NEM9         15-Jan-16         600,000.00         0.8000000000   

CLASS A (2014-1)

      14041NEN7         15-Jan-16         1,263,658.33         1.3301666632   

CLASS A (2014-2)

      14041NEP2         15-Jan-16         1,102,500.00         1.0500000000   

CLASS A (2014-3)

      14041NER8         15-Jan-16         275,318.75         0.6118194444   

CLASS A (2014-4)

      14041NES6         15-Jan-16         327,028.47         0.5945972182   

CLASS A (2014-5)

      14041NET4         15-Jan-16         1,603,333.33         1.2333333308   

CLASS A (2015-1 )

      14041NEU1         15-Jan-16         1,447,916.67         1.1583333360   

CLASS A (2015-2)

      14041NEV9         15-Jan-16         1,126,666.67         1.7333333385   

CLASS A (2015-3)

      14041NEW7         15-Jan-16         267,342.71         0.6290416706   

CLASS A (2015-4)

      14041NEX5         15-Jan-16         630,208.33         2.2916666545   

CLASS A (2015-5)

      14041NEY3         15-Jan-16         933,333.33         1.3333333286   

CLASS A (2015-6)

      14041NEZ0         15-Jan-16         512,727.08         0.6032083294   

CLASS A (2015-7)

      14041NFA4         15-Jan-16         513,541.67         1.2083333412   

CLASS A (2015-8)

      14041NFB2         15-Jan-16         854,166.67         1.7083333400   
        

 

 

     

Total Class A

            20,416,097.93      
        

 

 

     

CLASS B (2004-3)

      14041NBL4         15-Jan-16         136,981.25         0.9132083333   

CLASS B (2005-3)

      14041NCG4         15-Jan-16         222,461.11         2.2246111000   

CLASS B (2006-1)

      14041NCT6         15-Jan-16         91,998.96         0.5257083429   

CLASS B (2007-1)

      14041NDH1         15-Jan-16         180,984.03         0.5170972286   

CLASS B (2009-C)

         15-Jan-16         1,004,529.17         0.9132083364   
        

 

 

     

Total Class B

            1,636,954.52      
        

 

 

     

CLASS C (2007-1)

      14041NDJ7         15-Jan-16         209,379.17         0.6979305667   

CLASS C (2009-A)

         15-Jan-16         1,953,678.14         1.2404305651   
        

 

 

     

Total Class C

            2,163,057.31      
        

 

 

     

Total

            24,216,109.76      

 

3

B. Principal to be paid on the Distribution Date:

 

     CUSIP Number      Principal Payment
Date		      Total Amount of
Principal to be
paid		      Per $1000 of
Outstanding Dollar
Principal Amount		  

CLASS A (2013-1)

      14041NEK3         15-Jan-16         750,000,000.00         1,000.0000000000   

 

4

C. Outstanding Dollar Principal Amount and Nominal Liquidation Amount for the related Monthly Period:

(as of the end of the related Monthly Period)

 

     Initial Dollar
Principal Amount		      Outstanding Dollar
Principal Amount		      Adjusted
Outstanding Dollar
Principal Amount		      Nominal
Liquidation
Amount		  

CLASS A (2006-3)

      400,000,000.00         400,000,000.00         400,000,000.00         400,000,000.00   

CLASS A (2006-11)

      750,000,000.00         750,000,000.00         750,000,000.00         750,000,000.00   

CLASS A (2007-1)

      625,000,000.00         625,000,000.00         625,000,000.00         625,000,000.00   

CLASS A (2007-2)

      700,000,000.00         700,000,000.00         700,000,000.00         700,000,000.00   

CLASS A (2007-5)

      600,000,000.00         600,000,000.00         600,000,000.00         600,000,000.00   

CLASS A (2007-7)

      1,000,000,000.00         1,000,000,000.00         1,000,000,000.00         1,000,000,000.00   

CLASS A (2007-A)

      200,000,000.00         200,000,000.00         200,000,000.00         200,000,000.00   

CLASS A (2013-1)

      750,000,000.00         750,000,000.00         750,000,000.00         750,000,000.00   

CLASS A (2013-2)

      700,000,000.00         700,000,000.00         700,000,000.00         700,000,000.00   

CLASS A (2013-3)

      750,000,000.00         750,000,000.00         750,000,000.00         750,000,000.00   

CLASS A (2014-1)

      950,000,000.00         950,000,000.00         950,000,000.00         950,000,000.00   

CLASS A (2014-2)

      1,050,000,000.00         1,050,000,000.00         1,050,000,000.00         1,050,000,000.00   

CLASS A (2014-3)

      450,000,000.00         450,000,000.00         450,000,000.00         450,000,000.00   

CLASS A (2014-4)

      550,000,000.00         550,000,000.00         550,000,000.00         550,000,000.00   

CLASS A (2014-5)

      1,300,000,000.00         1,300,000,000.00         1,300,000,000.00         1,300,000,000.00   

CLASS A (2015-1 )

      1,250,000,000.00         1,250,000,000.00         1,250,000,000.00         1,250,000,000.00   

CLASS A (2015-2)

      650,000,000.00         650,000,000.00         650,000,000.00         650,000,000.00   

CLASS A (2015-3)

      425,000,000.00         425,000,000.00         425,000,000.00         425,000,000.00   

CLASS A (2015-4)

      275,000,000.00         275,000,000.00         275,000,000.00         275,000,000.00   

CLASS A (2015-5)

      700,000,000.00         700,000,000.00         700,000,000.00         700,000,000.00   

CLASS A (2015-6)

      850,000,000.00         850,000,000.00         850,000,000.00         850,000,000.00   

CLASS A (2015-7)

      425,000,000.00         425,000,000.00         425,000,000.00         425,000,000.00   

CLASS A (2015-8)

      500,000,000.00         500,000,000.00         500,000,000.00         500,000,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Class A

      15,850,000,000.00         15,850,000,000.00         15,850,000,000.00         15,850,000,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

CLASS B (2004-3)

      150,000,000.00         150,000,000.00         150,000,000.00         150,000,000.00   

CLASS B (2005-3)

      100,000,000.00         100,000,000.00         100,000,000.00         100,000,000.00   

CLASS B (2006-1)

      175,000,000.00         175,000,000.00         175,000,000.00         175,000,000.00   

CLASS B (2007-1)

      350,000,000.00         350,000,000.00         350,000,000.00         350,000,000.00   

CLASS B (2009-C)

      1,100,000,000.00         1,100,000,000.00         1,100,000,000.00         1,100,000,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Class B

      1,875,000,000.00         1,875,000,000.00         1,875,000,000.00         1,875,000,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

CLASS C (2007-1)

      300,000,000.00         300,000,000.00         300,000,000.00         300,000,000.00   

CLASS C (2009-A)

      1,575,000,000.00         1,575,000,000.00         1,575,000,000.00         1,575,000,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Class C

      1,875,000,000.00         1,875,000,000.00         1,875,000,000.00         1,875,000,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

CLASS D (2002-1)

         606,189,668.04         606,189,668.04         606,189,668.04   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

      19,600,000,000.00         20,206,189,668.04         20,206,189,668.04         20,206,189,668.04   

 

5

D. Nominal Liquidation Amount for Tranches of Notes Outstanding:

(including all tranches issued as of the end of the Monthly Period, after taking into account all allocations expected to occur on the Distribution Date)

 

    End of Month
Nominal
Liquidation
Amount		     Increase due to
accretions of
Principal for
Discount Notes		     Withdrawal from
Principal Funding
sub-Account		     Reimbursements
of Nominal
Liquidation
Amount from
Available Funds		     Reductions due
to reallocation of
Card Series
Principal Amounts		     Reduction due to
Investor
Charge-offs		     Reductions due to
deposits into the
Principal Funding
sub-Account		     Nominal
Liquidation
Amount as of the
Distribution Date*		  

CLASS A (2006-3)

     400,000,000.00        —          —          —          —          —          —          400,000,000.00   

CLASS A (2006-11)

     750,000,000.00        —          —          —          —          —          —          750,000,000.00   

CLASS A (2007-1)

     625,000,000.00        —          —          —          —          —          —          625,000,000.00   

CLASS A (2007-2)

     700,000,000.00        —          —          —          —          —          —          700,000,000.00   

CLASS A (2007-5)

     600,000,000.00        —          —          —          —          —          —          600,000,000.00   

CLASS A (2007-7)

     1,000,000,000.00        —          —          —          —          —          —          1,000,000,000.00   

CLASS A (2007-A)

     200,000,000.00        —          —          —          —          —          —          200,000,000.00   

CLASS A (2013-1)

     750,000,000.00        —          —          —          —          —          750,000,000.00        —     

CLASS A (2013-2)

     700,000,000.00        —          —          —          —          —          —          700,000,000.00   

CLASS A (2013-3)

     750,000,000.00        —          —          —          —          —          —          750,000,000.00   

CLASS A (2014-1)

     950,000,000.00        —          —          —          —          —          —          950,000,000.00   

CLASS A (2014-2)

     1,050,000,000.00        —          —          —          —          —          —          1,050,000,000.00   

CLASS A (2014-3)

     450,000,000.00        —          —          —          —          —          —          450,000,000.00   

CLASS A (2014-4)

     550,000,000.00        —          —          —          —          —          —          550,000,000.00   

CLASS A (2014-5)

     1,300,000,000.00        —          —          —          —          —          —          1,300,000,000.00   

CLASS A (2015-1 )

     1,250,000,000.00        —          —          —          —          —          —          1,250,000,000.00   

CLASS A (2015-2)

     650,000,000.00        —          —          —          —          —          —          650,000,000.00   

CLASS A (2015-3)

     425,000,000.00        —          —          —          —          —          —          425,000,000.00   

CLASS A (2015-4)

     275,000,000.00        —          —          —          —          —          —          275,000,000.00   

CLASS A (2015-5)

     700,000,000.00        —          —          —          —          —          —          700,000,000.00   

CLASS A (2015-6)

     850,000,000.00        —          —          —          —          —          —          850,000,000.00   

CLASS A (2015-7)

     425,000,000.00        —          —          —          —          —          —          425,000,000.00   

CLASS A (2015-8)

     500,000,000.00        —          —          —          —          —          —          500,000,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class A

     15,850,000,000.00        —          —          —          —          —          750,000,000.00        15,100,000,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

CLASS B (2004-3)

     150,000,000.00        —          —          —          —          —          —          150,000,000.00   

CLASS B (2005-3)

     100,000,000.00        —          —          —          —          —          —          100,000,000.00   

CLASS B (2006-1)

     175,000,000.00        —          —          —          —          —          —          175,000,000.00   

CLASS B (2007-1)

     350,000,000.00        —          —          —          —          —          —          350,000,000.00   

CLASS B (2009-C)

     1,100,000,000.00        —          —          —          —          —          —          1,100,000,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class B

     1,875,000,000.00        —          —          —          —          —          —          1,875,000,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

CLASS C (2007-1)

     300,000,000.00        —          —          —          —          —          —          300,000,000.00   

CLASS C (2009-A)

     1,575,000,000.00        —          —          —          —          —          —          1,575,000,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class C

     1,875,000,000.00        —          —          —          —          —          —          1,875,000,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Class D (2002-1)

     606,189,668.04        —          —          —          —          —          —          582,993,618.15   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total

     20,206,189,668.04        —          —          —          —          —          750,000,000.00        19,432,993,618.15   

 

* This report does not capture any new issuances or increases of notes occuring after the end of the Monthly Period. Additionally, the Class D balance reflects any reductions to maturities that will occur on the distribution date.

 

6

E. Targeted Deposits to Principal Funding sub-Accounts:

 

    Beginning
Principal Funding
sub-Account
Balance		     Targeted Deposit
to Principal
Funding
sub-Account		     Previous shortfalls
of targeted
deposits to the
Principal Funding
Sub-Account		     Actual Deposit
to Principal
Funding sub-
Account		     Amounts withdrawn
from the Principal
Funding sub-Account
for payment to
noteholders		     Ending
Principal Funding
sub-Account
Balance		     Principal Funding
sub-Account
Earnings		  

CLASS A (2013-1)

     —          750,000,000.00        —          750,000,000.00        750,000,000.00        —          —     

 

7

F. Targeted Deposits to Interest Funding sub-Accounts:

 

    Applicable
Interest Rates		     Beginning Interest
Funding
sub-Account
Balance (1)		     Targeted Deposit
to Interest
Funding
sub-Account		     Previous Shortfalls of
targeted deposits to
the Interest Funding
sub-Account		     Actual Deposit to
Interest Funding
sub-Account (2)		     Amounts withdrawn
from the Interest
Funding sub-account
for payment to
Noteholder’s (3)		     Ending
Interest Funding
sub-Account
Balance (1)		     Interest Funding
sub-Account
Earnings		  

CLASS A (2006-3)

     5.050 %      —          1,683,333.33        —          1,683,333.33        (1,683,333.33 )      —          0.00   

CLASS A (2006-11)

     0.421 %      —          271,572.92        —          271,572.92        (271,572.92 )      —          0.00   

CLASS A (2007-1)

     0.381 %      —          204,782.99        —          204,782.99        (204,782.99 )      —          0.00   

CLASS A (2007-2)

     0.411 %      —          247,440.28        —          247,440.28        (247,440.28 )      —          0.00   

CLASS A (2007-5)

     0.371 %      —          191,425.00        —          191,425.00        (191,425.00 )      —          0.00   

CLASS A (2007-7)

     5.750 %      —          4,791,666.67        —          4,791,666.67        (4,791,666.67 )      —          0.00   

CLASS A (2007-A)

     5.200 %      —          866,666.67        —          866,666.67        (866,666.67 )      —          0.00   

CLASS A (2013-1)

     0.630 %      —          393,750.00        —          393,750.00        (393,750.00 )      —          0.00   

CLASS A (2013-2)

     0.511 %      —          307,718.06        —          307,718.06        (307,718.06 )      —          0.00   

CLASS A (2013-3)

     0.960 %      —          600,000.00        —          600,000.00        (600,000.00 )      —          0.00   

CLASS A (2014-1)

     0.521 %      837,860.41        425,797.92        —          425,797.92        (1,263,658.33 )      —          33.32   

CLASS A (2014-2)

     1.260 %      —          1,102,500.00        —          1,102,500.00        (1,102,500.00 )      —          0.00   

CLASS A (2014-3)

     0.711 %      —          275,318.75        —          275,318.75        (275,318.75 )      —          0.00   

CLASS A (2014-4)

     0.691 %      —          327,028.47        —          327,028.47        (327,028.47 )      —          0.00   

CLASS A (2014-5)

     1.480 %      —          1,603,333.33        —          1,603,333.33        (1,603,333.33 )      —          0.00   

CLASS A (2015-1 )

     1.390 %      —          1,447,916.67        —          1,447,916.67        (1,447,916.67 )      —          0.00   

CLASS A (2015-2)

     2.080 %      —          1,126,666.67        —          1,126,666.67        (1,126,666.67 )      —          0.00   

CLASS A (2015-3)

     0.731 %      —          267,342.71        —          267,342.71        (267,342.71 )      —          0.00   

CLASS A (2015-4)

     2.750 %      —          630,208.33        —          630,208.33        (630,208.33 )      —          0.00   

CLASS A (2015-5)

     1.600 %      —          933,333.33        —          933,333.33        (933,333.33 )      —          0.00   

CLASS A (2015-6)

     0.701 %      —          512,727.08        —          512,727.08        (512,727.08 )      —          0.00   

CLASS A (2015-7)

     1.450 %      —          513,541.67        —          513,541.67        (513,541.67 )      —          0.00   

CLASS A (2015-8)

     2.050 %      —          854,166.67        —          854,166.67        (854,166.67 )      —          0.00   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class A

       837,860.41        19,578,237.52        —          19,578,237.52        (20,416,097.93 )      —          33.32   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

CLASS B (2004-3)

     1.061 %      —          136,981.25        —          136,981.25        (136,981.25 )      —          0.00   

CLASS B (2005-3)

     0.871 %      147,501.39        74,959.72        —          74,959.72        (222,461.11 )      —          5.86   

CLASS B (2006-1)

     0.611 %      —          91,998.96        —          91,998.96        (91,998.96 )      —          0.00   

CLASS B (2007-1)

     0.601 %      —          180,984.03        —          180,984.03        (180,984.03 )      —          0.00   

CLASS B (2009-C)

     —          —          1,004,529.17        —          1,004,529.17        (1,004,529.17 )      —          0.00   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class B

       147,501.39        1,489,453.13        —          1,489,453.13        (1,636,954.52 )      —          5.86   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

CLASS C (2007-1)

     0.811 %      —          209,379.17        —          209,379.17        (209,379.17 )      —          0.00   

CLASS C (2009-A)

     —          —          1,953,678.14        —          1,953,678.14        (1,953,678.14 )      —          0.00   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class C

       —          2,163,057.31        —          2,163,057.31        (2,163,057.31 )      —          —     

Total

       985,361.80        23,230,747.96        —          23,230,747.96        (24,216,109.76 )      —          39.18   

 

8

G. Class C Reserve sub-Accounts:

 

     Beginning Class C
Reserve
sub-Account
Balance		    Targeted Deposit
to Class C
Reserve
sub-Account		    Actual Deposit to
Class C Reserve
sub-Account		    Withdrawals from
Class C Reserve
sub-Account
Balance		    Ending Class C
Reserve
sub-Account
Balance		    Class C Reserve
sub-Account
Earnings

NOTHING TO REPORT

                  

H. Targeted Deposits to Class D Reserve sub-Accounts:

(Beginning Class D Reserve sub-Account Balance includes Class D Reserve sub-Account Earnings and deposits related to any new issuances)

 

     Beginning Class D
Reserve
sub-Account
Balance		    Targeted Deposit
to Class D
Reserve
sub-Account		    Actual Deposit to
Class D Reserve
sub-Account		    Withdrawals from
Class D Reserve
sub-Account
Balance		    Ending Class D
Reserve
sub-Account
Balance		    Class D Reserve
sub-Account
Earnings

NOTHING TO REPORT

                  

I. Targeted Deposits to Accumulation Reserve sub-Accounts:

 

     Beginning
Accumulation
Reserve
sub-Account
Balance		    Targeted Deposit
to Accumulation
Reserve
sub-Account		    Actual Deposit to
Accumulation
Reserve
sub-Account		    Withdrawals from
Accumulation
Reserve Account
for Interest		    Withdrawals from
Accumulation
Reserve Account
for Payments to
Issuer		    Ending
Accumulation
Reserve
Balance
sub-Account		    Accumulation
Reserve
sub-Account
Earnings

NOTHING TO REPORT

                     

 

9

J. Class A Usage of Class B, C and D Subordination Amounts:

 

     Class A Usage of
Class B
Subordination
Amount for this
Monthly Period		    Class A Usage of
Class C
Subordination
Amount for this
Monthly Period		    Class A Usage of
Class D
Subordination
Amount for this
Monthly Period		    Cumulative Class A
Usage of Class B
Subordination
Amount		    Cumulative Class A
Usage of Class C
Subordination
Amount		    Cumulative Class A
Usage of Class D
Subordination
Amount
NOTHING TO REPORT                  

K. Class B Usage of Class C and D Subordination Amounts:

 

     Class B Usage of
Class C
Subordination
Amount for this
Monthly Period		    Class B Usage of
Class D
Subordination
Amount for this
Monthly Period		    Cumulative Class B
Usage of Class C
Subordination
Amount		    Cumulative Class B
Usage of Class D
Subordination
Amount
NOTHING TO REPORT            

L. Class C Usage of Class D Subordination Amounts:

 

     Class C Usage of
Class D
Subordination
Amount for this
Monthly Period		    Cumulative Class C
Usage of Class D
Subordination
Amount
NOTHING TO REPORT      

 

10

M. Required and Available Subordination Amount to Class A, B and C Notes:

(as of Determination Date, after taking into account all maturities expected to occur on the Distribution Date)

 

    Required
Subordination
Amount from
Class B Notes		     Available
Subordination
Amount from
Class B Notes		     Required
Subordination
Amount from
Class C Notes		     Available
Subordination
Amount from
Class C Notes		     Required
Subordination
Amount from
Class D Notes		     Available
Subordination
Amount from
Class D Notes		  

CLASS A (2006-3)

     45,570,000.00        45,570,000.00        45,570,000.00        45,570,000.00        15,190,000.00        15,190,000.00   

CLASS A (2006-11)

     85,443,750.00        85,443,750.00        85,443,750.00        85,443,750.00        28,481,250.00        28,481,250.00   

CLASS A (2007-1)

     71,203,125.00        71,203,125.00        71,203,125.00        71,203,125.00        23,734,375.00        23,734,375.00   

CLASS A (2007-2)

     79,747,500.00        79,747,500.00        79,747,500.00        79,747,500.00        26,582,500.00        26,582,500.00   

CLASS A (2007-5)

     68,355,000.00        68,355,000.00        68,355,000.00        68,355,000.00        22,785,000.00        22,785,000.00   

CLASS A (2007-7)

     113,925,000.00        113,925,000.00        113,925,000.00        113,925,000.00        37,975,000.00        37,975,000.00   

CLASS A (2007-A)

     22,785,000.00        22,785,000.00        22,785,000.00        22,785,000.00        7,595,000.00        7,595,000.00   

CLASS A (2013-1)

            

CLASS A (2013-2)

     79,747,500.00        79,747,500.00        79,747,500.00        79,747,500.00        26,582,500.00        26,582,500.00   

CLASS A (2013-3)

     85,443,750.00        85,443,750.00        85,443,750.00        85,443,750.00        28,481,250.00        28,481,250.00   

CLASS A (2014-1)

     108,228,750.00        108,228,750.00        108,228,750.00        108,228,750.00        36,076,250.00        36,076,250.00   

CLASS A (2014-2)

     119,621,250.00        119,621,250.00        119,621,250.00        119,621,250.00        39,873,750.00        39,873,750.00   

CLASS A (2014-3)

     51,266,250.00        51,266,250.00        51,266,250.00        51,266,250.00        17,088,750.00        17,088,750.00   

CLASS A (2014-4)

     62,658,750.00        62,658,750.00        62,658,750.00        62,658,750.00        20,886,250.00        20,886,250.00   

CLASS A (2014-5)

     148,102,500.00        148,102,500.00        148,102,500.00        148,102,500.00        49,367,500.00        49,367,500.00   

CLASS A (2015-1 )

     142,406,250.00        142,406,250.00        142,406,250.00        142,406,250.00        47,468,750.00        47,468,750.00   

CLASS A (2015-2)

     74,051,250.00        74,051,250.00        74,051,250.00        74,051,250.00        24,683,750.00        24,683,750.00   

CLASS A (2015-3)

     48,418,125.00        48,418,125.00        48,418,125.00        48,418,125.00        16,139,375.00        16,139,375.00   

CLASS A (2015-4)

     31,329,375.00        31,329,375.00        31,329,375.00        31,329,375.00        10,443,125.00        10,443,125.00   

CLASS A (2015-5)

     79,747,500.00        79,747,500.00        79,747,500.00        79,747,500.00        26,582,500.00        26,582,500.00   

CLASS A (2015-6)

     96,836,250.00        96,836,250.00        96,836,250.00        96,836,250.00        32,278,750.00        32,278,750.00   

CLASS A (2015-7)

     48,418,125.00        48,418,125.00        48,418,125.00        48,418,125.00        16,139,375.00        16,139,375.00   

CLASS A (2015-8)

     56,962,500.00        56,962,500.00        56,962,500.00        56,962,500.00        18,987,500.00        18,987,500.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class A

     1,720,267,500.00        1,720,267,500.00        1,720,267,500.00        1,720,267,500.00        573,422,500.00        573,422,500.00   

CLASS B (2004-3)

         138,887,396.56        138,887,396.56        46,295,798.85        46,295,798.85   

CLASS B (2005-3)

         92,591,597.71        92,591,597.71        30,863,865.90        30,863,865.90   

CLASS B (2006-1)

         162,035,295.98        162,035,295.98        54,011,765.33        54,011,765.33   

CLASS B (2007-1)

         324,070,591.97        324,070,591.97        108,023,530.66        108,023,530.66   

CLASS B (2009-C)

         1,018,507,574.76        1,018,507,574.76        339,502,524.92        339,502,524.92   
     

 

 

    

 

 

    

 

 

    

 

 

  

Total Class B

         1,736,092,456.97        1,736,092,456.97        578,697,485.66        578,697,485.66   

CLASS C (2007-1)

             93,278,978.90        93,278,978.90   

CLASS C (2009-A)

             489,714,639.24        489,714,639.24   
         

 

 

    

 

 

  

Total Class C

             582,993,618.15        582,993,618.15   

 

11

N. Early Redemption Event

 

Current Month Excess Spread Amount

    $ 275,543,583.39   
  

 

 

  

Prior Month Excess Spread Amount

    $ 254,698,118.79   
  

 

 

  

Two Months Prior Excess Spread Amount

    $ 274,543,936.80   
  

 

 

  

Three Month Average Excess Spread Amount

    $ 268,261,879.66   
  

 

 

  

Is the average of the Excess Spread Amount for preceding three months greater than $0?

      YES   
  

O. Repurchase Demand Activity (Rule 15Ga-1)

Nothing to Report

Most Recent Form ABS - 15G

Filed by: Capital One Funding, LLC

CIK#: 0001162387

Date: February 12, 2015

 

12

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 12th day of January, 2016.

 

Capital One Bank (USA), National Association
as Administrator
By:   /s/ Shaun Ross
Name:   Shaun Ross
Title:   Authorized Officer
Date:   1/12/2016

Signature page to CARD SERIES SCHEDULE TO MONTHLY NOTEHOLDERS’ STATEMENT

 

13