Exhibit 20.1
CNH Equipment Trust 2003-B
$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004
$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006
$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008
$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008
$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011
$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011
$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011
$23,000,000 3.35% Asset Backed Certificates
Please contact Kim Jeske at 262-636-6644 with any questions regarding this report or email abs@cnh.com
For additional information consult http://investors.cnh.com
|
|
|
| 1 |
| 2 |
| 3 |
| 4 |
|
|
|
|
| 2 |
| 2 |
| 2 |
| 2 |
|
Cutoff Date |
|
|
| 11/30/2004 |
| ||||||
Date Added |
|
|
| 10/31/2003 |
| 11/30/2003 |
| 12/31/2003 |
| 1/31/2004 |
|
Pool |
| Period |
| Pool 1 |
| Pool 2 |
| Pool 3 |
| Pool 4 |
|
Scheduled Cashflows |
| 0 |
| 3,883,792.54 |
| 991,620.37 |
| 1,758,764.59 |
| 671,688.86 |
|
|
| 1 |
| 9,489,300.80 |
| 1,306,529.68 |
| 9,579,911.27 |
| 14,465,925.90 |
|
|
| 2 |
| 9,245,819.46 |
| 1,497,111.23 |
| 2,261,797.29 |
| 9,256,467.73 |
|
|
| 3 |
| 8,085,187.25 |
| 1,260,852.96 |
| 1,857,764.63 |
| 1,920,577.08 |
|
|
| 4 |
| 8,398,793.87 |
| 1,294,228.08 |
| 2,107,310.79 |
| 2,259,700.05 |
|
|
| 5 |
| 8,575,044.56 |
| 1,573,175.21 |
| 1,962,113.48 |
| 2,212,013.16 |
|
|
| 6 |
| 7,804,643.34 |
| 1,391,849.29 |
| 2,268,629.40 |
| 1,960,209.57 |
|
|
| 7 |
| 12,395,368.06 |
| 1,212,602.46 |
| 2,187,831.85 |
| 2,358,983.40 |
|
|
| 8 |
| 16,071,222.14 |
| 1,220,550.00 |
| 1,890,982.79 |
| 2,204,967.58 |
|
|
| 9 |
| 18,517,506.86 |
| 1,218,998.34 |
| 1,879,896.18 |
| 2,147,379.16 |
|
|
| 10 |
| 24,014,882.97 |
| 1,624,734.51 |
| 2,285,874.64 |
| 2,339,593.63 |
|
|
| 11 |
| 16,959,830.41 |
| 6,396,564.92 |
| 2,585,911.53 |
| 2,042,811.72 |
|
|
| 12 |
| 8,998,411.26 |
| 5,723,127.79 |
| 8,465,433.37 |
| 2,695,391.08 |
|
|
| 13 |
| 9,670,722.12 |
| 1,442,911.35 |
| 11,018,586.07 |
| 14,559,556.19 |
|
|
| 14 |
| 8,371,734.49 |
| 1,376,917.27 |
| 2,044,834.78 |
| 9,020,632.80 |
|
|
| 15 |
| 7,112,238.20 |
| 1,124,807.76 |
| 1,603,153.66 |
| 1,649,386.71 |
|
|
| 16 |
| 7,438,392.81 |
| 1,147,186.60 |
| 1,834,785.74 |
| 1,963,599.50 |
|
|
| 17 |
| 7,507,597.11 |
| 1,395,910.07 |
| 1,653,367.99 |
| 1,852,294.20 |
|
|
| 18 |
| 6,780,595.51 |
| 1,188,074.38 |
| 1,909,238.28 |
| 1,567,669.85 |
|
|
| 19 |
| 11,113,003.74 |
| 1,014,019.81 |
| 1,808,037.47 |
| 1,828,921.77 |
|
|
| 20 |
| 14,399,205.80 |
| 1,018,931.86 |
| 1,527,311.88 |
| 1,741,153.52 |
|
|
| 21 |
| 16,321,317.71 |
| 1,011,107.96 |
| 1,489,671.97 |
| 1,693,295.68 |
|
|
| 22 |
| 21,430,097.55 |
| 1,396,299.47 |
| 1,895,003.83 |
| 1,800,991.09 |
|
|
| 23 |
| 14,478,588.44 |
| 6,173,197.94 |
| 2,208,411.70 |
| 1,607,813.39 |
|
|
| 24 |
| 6,294,928.83 |
| 5,358,515.48 |
| 7,949,643.19 |
| 2,209,462.68 |
|
|
| 25 |
| 6,872,481.08 |
| 1,130,192.11 |
| 10,371,977.29 |
| 13,664,093.05 |
|
|
| 26 |
| 5,851,425.14 |
| 1,018,194.64 |
| 1,552,166.33 |
| 8,574,362.02 |
|
|
| 27 |
| 4,654,548.22 |
| 822,941.82 |
| 1,128,329.41 |
| 1,230,655.75 |
|
|
| 28 |
| 4,910,174.59 |
| 842,449.82 |
| 1,328,658.44 |
| 1,455,504.22 |
|
|
| 29 |
| 5,120,865.34 |
| 1,089,750.98 |
| 1,157,085.18 |
| 1,373,299.43 |
|
|
| 30 |
| 4,349,662.54 |
| 889,283.66 |
| 1,334,126.43 |
| 1,110,544.81 |
|
|
| 31 |
| 7,238,503.29 |
| 734,403.64 |
| 1,248,134.00 |
| 1,322,838.84 |
|
|
| 32 |
| 9,971,696.71 |
| 722,591.27 |
| 1,058,604.28 |
| 1,263,562.90 |
|
|
| 33 |
| 11,948,092.25 |
| 724,223.89 |
| 994,197.13 |
| 1,236,870.40 |
|
|
| 34 |
| 16,240,285.49 |
| 1,095,000.54 |
| 1,406,558.48 |
| 1,313,627.70 |
|
|
| 35 |
| 10,650,579.31 |
| 4,993,083.12 |
| 1,642,576.09 |
| 1,233,870.72 |
|
|
| 36 |
| 4,644,264.23 |
| 4,323,194.57 |
| 6,091,821.50 |
| 1,654,027.63 |
|
|
| 37 |
| 5,142,922.92 |
| 848,995.18 |
| 8,195,637.41 |
| 10,626,013.56 |
|
|
| 38 |
| 4,339,265.13 |
| 757,325.73 |
| 1,158,205.57 |
| 6,914,730.10 |
|
|
| 39 |
| 3,235,791.98 |
| 556,735.39 |
| 768,865.81 |
| 846,654.15 |
|
|
| 40 |
| 3,327,537.60 |
| 617,637.07 |
| 978,651.97 |
| 1,072,464.82 |
|
|
| 41 |
| 3,542,589.25 |
| 840,043.57 |
| 781,963.73 |
| 947,138.57 |
|
|
| 42 |
| 2,979,345.11 |
| 624,692.05 |
| 935,438.91 |
| 715,818.88 |
|
|
| 43 |
| 5,737,869.65 |
| 476,987.01 |
| 829,138.69 |
| 854,301.43 |
|
|
| 44 |
| 8,903,682.95 |
| 491,472.93 |
| 684,194.93 |
| 858,556.00 |
|
|
| 45 |
| 9,941,357.30 |
| 477,674.00 |
| 752,336.32 |
| 817,882.63 |
|
|
| 46 |
| 13,088,871.27 |
| 846,056.00 |
| 1,003,488.53 |
| 917,454.35 |
|
|
| 47 |
| 7,434,506.91 |
| 4,537,651.05 |
| 1,296,306.35 |
| 829,003.69 |
|
|
| 48 |
| 1,257,259.30 |
| 4,084,898.35 |
| 5,345,298.66 |
| 1,488,192.60 |
|
|
| 49 |
| 957,744.22 |
| 110,369.80 |
| 7,860,015.99 |
| 12,222,184.70 |
|
|
| 50 |
| 563,622.63 |
| 160,582.45 |
| 341,836.45 |
| 5,947,843.90 |
|
|
| 51 |
| 455,122.35 |
| 43,929.51 |
| 106,456.11 |
| 152,854.19 |
|
|
| 52 |
| 351,992.04 |
| 72,368.88 |
| 122,576.88 |
| 129,176.70 |
|
|
| 53 |
| 589,243.77 |
| 105,458.31 |
| 49,171.29 |
| 43,734.18 |
|
|
| 54 |
| 298,482.61 |
| 70,134.47 |
| 70,053.33 |
| 54,504.32 |
|
|
| 55 |
| 586,236.36 |
| 73,811.52 |
| 81,213.24 |
| 130,240.41 |
|
|
| 56 |
| 847,078.43 |
| 51,691.31 |
| 65,617.33 |
| 109,215.82 |
|
|
| 57 |
| 1,018,647.36 |
| 61,983.10 |
| 139,223.15 |
| 130,827.28 |
|
|
| 58 |
| 1,644,821.00 |
| 154,555.13 |
| 50,015.68 |
| 91,439.44 |
|
|
| 59 |
| 961,885.97 |
| 738,466.70 |
| 179,782.31 |
| 92,470.12 |
|
|
| 60 |
| 52,855.43 |
| 676,433.75 |
| 717,337.88 |
| 122,379.16 |
|
|
| 61 |
| 7,779.99 |
| 0.00 |
| 941,746.09 |
| 1,516,911.82 |
|
|
| 62 |
| 0.00 |
| 0.00 |
| 0.00 |
| 892,765.68 |
|
|
| 63 |
| 0.00 |
| 0.00 |
| 0.00 |
| 828.06 |
|
|
| 64 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 65 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 66 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 67 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 68 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 69 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 70 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 71 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 72 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 73 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 74 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 75 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 76 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 77 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 78 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| Total |
| 453,077,315.55 |
| 86,225,088.11 |
| 140,803,075.54 |
| 171,989,330.33 |
|
Discount Rate |
|
|
| 5.750 | % | 5.750 | % | 5.750 | % | 5.750 | % |
Beginning Contract Value |
|
|
| 423,675,361.33 |
| 90,733,670.63 |
| 138,880,008.44 |
| 159,552,384.88 |
|
Scheduled Contract Value Decline |
|
|
| 12,590,104.92 |
| 8,272,892.70 |
| 8,802,066.30 |
| 2,701,654.45 |
|
Unscheduled Contract Value Decline |
|
|
| 2,238,186.01 |
| 5,532,476.03 |
| 3,822,632.31 |
| 2,569,216.46 |
|
Additional Contract Value Added |
| 1,149,999,999.75 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
|
|
| 408,847,070.41 |
| 76,928,301.91 |
| 126,255,309.83 |
| 154,281,513.97 |
|
1
CNH Equipment Trust 2003-B
$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004
$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006
$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008
$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008
$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011
$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011
$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011
$23,000,000 3.35% Asset Backed Certificates
Dated Date (30/360) |
| 11/15/2004 |
|
|
| |
Dated Date (act/360) |
| 11/15/2004 |
|
|
| |
Scheduled Payment Date |
| 12/15/2004 |
|
|
| |
Actual Payment Date |
| 12/15/2004 |
|
|
| |
Days in accrual period (30/360) |
| 30 |
|
|
| |
Days in accrual period (act/360) |
| 30 |
|
|
| |
1 month LIBOR Rate |
| 2.10000 | % |
|
| |
|
|
|
|
|
| |
Collateral Summary |
|
|
|
|
| |
Wtd. Average Discount Rate |
| 5.750 | % |
|
| |
Beginning Contract Value |
| 812,841,425.28 |
|
|
| |
Scheduled Contract Value Decline |
| 32,366,718.36 |
|
|
| |
Unscheduled Contract Value Decline |
| 14,162,510.80 |
|
|
| |
Additional Contract Value Purchased |
| 0.00 |
|
|
| |
Ending Contract Value |
| 766,312,196.11 |
|
|
| |
|
|
|
|
|
| |
Beginning Pre-funding Account Balance |
| 0.25 |
|
|
| |
Ending Pre-funding Account Balance |
| 0.25 |
|
|
| |
|
|
|
|
|
| |
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
| 812,841,425.53 |
|
|
| |
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
| 766,312,196.36 |
|
|
| |
|
|
|
|
|
| |
Collateral Performance |
|
|
|
|
| |
Scheduled Amounts 30 - 59 days past due |
| $ | 867,030.35 |
| 0.11 | % |
Scheduled Amounts 60 days or more past due |
| $ | 931,777.93 |
| 0.12 | % |
Net Losses on Liquidated Receivables |
| $ | 128,104.59 |
| 0.02 | % |
Cumulative Net Losses |
| $ | 1,294,939.27 |
|
|
|
Number of Loans at Beginning of Period |
| 37,226 |
|
|
| |
Number of Loans at End of Period |
| 36,480 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (Beginning) |
| $ | 744,394.14 |
|
|
|
Repossessed Equipment not Sold or Reassigned (End) |
| $ | 730,239.83 |
|
|
|
|
|
|
|
|
| |
Collections and Reinvestment Income |
|
|
|
|
| |
Receipts During the period |
| $ | 50,250,747.32 |
|
|
|
|
|
|
|
|
| |
Warranty Repurchases |
|
|
|
|
| |
Contracts deferred beyond Final Scheduled Maturity Date |
| $ | 0.00 |
|
|
|
Government obligors |
| $ | 0.00 |
|
|
|
Total Warranty Repurchases |
| $ | 0.00 |
|
|
|
|
|
|
|
|
| |
Total Collections For The Period |
| $ | 50,250,747.32 |
|
|
|
|
|
|
|
|
| |
Reinvestment Income (excluding Pre-funding Account) |
| $ | 92,390.06 |
|
|
|
Reinvestment Income on Pre-funding Account) |
| $ | 0.00 |
|
|
|
|
|
|
|
|
| |
Net Swap Receipts |
| 0.00 |
|
|
| |
Net Swap Termination Payments due Trust from the Swap CounterParty |
| $ | 0.00 |
|
|
|
|
|
|
|
|
| |
Total Collections + Reinvestment Income For The Period + Swap Receipt |
| $ | 50,343,137.38 |
|
|
|
|
|
|
|
|
| |
Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
|
Prior Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
|
Total Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
|
2
CNH Equipment Trust 2003-B
$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004
$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006
$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008
$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008
$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011
$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011
$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011
$23,000,000 3.35% Asset Backed Certificates
Actual Payment Date |
|
|
|
|
|
|
|
|
| 12/15/2004 |
|
Caclulation of Distributable Amounts |
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Backup Servicer Engaged? |
|
|
|
|
|
|
|
|
| YES |
| ||
Current Backup Servicing Fee Due |
|
|
|
|
|
|
|
|
| $ | 13,547.36 |
| |
Past Due Backup Servicing Fee |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
Total Backup Servicing Fee Due |
|
|
|
|
|
|
|
|
| $ | 13,547.36 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
CNH or SST? |
|
|
|
|
|
|
|
|
| CNH |
| ||
Current Servicing Fee Due |
|
|
|
|
|
|
|
|
| $ | 677,367.85 |
| |
Past Due Servicing Fee |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
Total Servicing Fee Due |
|
|
|
|
|
|
|
|
| $ | 677,367.85 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Administration Fee Due |
|
|
|
|
| $ | 500.00 |
|
|
| $ | 166.67 |
|
Past Due Administration Fee |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
Total Administration Fee Due |
|
|
|
|
|
|
|
|
| $ | 166.67 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
|
|
|
|
| $ | 812,841,425.53 |
| |
A-1 notes Beginning Principal balance |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-2 notes Beginning Principal balance |
|
|
|
|
|
|
|
|
| $ | 168,691,975.64 |
| |
A-3a notes Beginning Principal balance |
|
|
|
|
|
|
|
|
| $ | 205,500,000.00 |
| |
A-3b notes Beginning Principal balance |
|
|
|
|
|
|
|
|
| $ | 139,500,000.00 |
| |
A-4a notes Beginning Principal balance |
|
|
|
|
|
|
|
|
| $ | 133,200,000.00 |
| |
A-4b notes Beginning Principal balance |
|
|
|
|
|
|
|
|
| $ | 114,500,000.00 |
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
|
|
| $ | 28,449,449.89 |
| |
Certificate Beginning Principal balance |
|
|
|
|
|
|
|
|
| $ | 23,000,000.00 |
| |
|
|
|
| Coupon/ |
| Swap Adj. |
|
|
|
|
| ||
|
| Type |
| Spread |
| Coupon |
| Daycount |
|
|
| ||
A-1 notes Current Interest Due |
| Fix |
| 1.23000 | % | 1.23000 | % | act/360 |
| $ | 0.00 |
| |
A-2 notes Current Interest Due |
| Fix |
| 1.71000 | % | 1.71000 | % | 30/360 |
| $ | 240,386.07 |
| |
A-3a notes Current Interest Due |
| Flt |
| 0.14000 | % | 2.49500 | % | act/360 |
| $ | 383,600.00 |
| |
A-3b notes Current Interest Due |
| Fix |
| 2.47000 | % | 2.47000 | % | 30/360 |
| $ | 287,137.50 |
| |
A-4a notes Current Interest Due |
| Flt |
| 0.23000 | % | 3.37500 | % | act/360 |
| $ | 258,630.00 |
| |
A-4b notes Current Interest Due |
| Fix |
| 3.38000 | % | 3.38000 | % | 30/360 |
| $ | 322,508.33 |
| |
B notes Current Interest Due |
| Fix |
| 3.35000 | % | 3.35000 | % | 30/360 |
| $ | 79,421.38 |
| |
Certificate Current Interest Due |
| Fix |
| 3.35000 | % | 3.35000 | % | 30/360 |
| $ | 64,208.33 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-2 notes Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3a notes Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3b notes Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4a notes Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4b notes Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
B notes Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
Certificate Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-2 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3a notes Interest Due on Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3b notes Interest Due on Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4a notes Interest Due on Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4b notes Interest Due on Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
B notes Interest Due on Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
Certificate Interest Due on Past Due Interest |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Total Interest Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-2 notes Total Interest Due |
|
|
|
|
|
|
|
|
| $ | 240,386.07 |
| |
A-3a notes Total Interest Due |
|
|
|
|
|
|
|
|
| $ | 383,600.00 |
| |
A-3b notes Total Interest Due |
|
|
|
|
|
|
|
|
| $ | 287,137.50 |
| |
A-4a notes Total Interest Due |
|
|
|
|
|
|
|
|
| $ | 258,630.00 |
| |
A-4b notes Total Interest Due |
|
|
|
|
|
|
|
|
| $ | 322,508.33 |
| |
B notes Total Interest Due |
|
|
|
|
|
|
|
|
| $ | 79,421.38 |
| |
Certificate Total Interest Due |
|
|
|
|
|
|
|
|
| $ | 64,208.33 |
| |
|
|
|
|
|
| 1 Month LIBOR |
|
|
|
|
| ||
A-1 Net Swap Payment Due |
|
|
|
|
| 0.00000 | % |
|
| $ | 0.00 |
| |
A-2 Net Swap Payment Due |
|
|
|
|
| 0.00000 | % |
|
| $ | 0.00 |
| |
A-3a Net Swap Payment Due |
|
|
|
|
| 2.35500 | % |
|
| $ | 43,668.75 |
| |
A-3b Net Swap Payment Due |
|
|
|
|
| 0.00000 | % |
|
| $ | 0.00 |
| |
A-4a Net Swap Payment Due |
|
|
|
|
| 3.14500 | % |
|
| $ | 115,995.00 |
| |
A-4b Net Swap Payment Due |
|
|
|
|
| 0.00000 | % |
|
| $ | 0.00 |
| |
B Net Swap Payment Due |
|
|
|
|
| 0.00000 | % |
|
| $ | 0.00 |
| |
Certificate Net Swap Payment Due |
|
|
|
|
| 0.00000 | % |
|
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 Net Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-2 Net Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3a Net Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3b Net Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4a Net Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4b Net Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
B Net Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
Certificate Net Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 Interest on Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-2 Interest on Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3a Interest on Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3b Interest on Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4z Interest on Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4b Interest on Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
B Interest on Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
Cert Interest on Swap Payment Past Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 Total Net Swap Payment Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-2 Total Net Swap Payment Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3a Total Net Swap Payment Due |
|
|
|
|
|
|
|
|
| $ | 43,668.75 |
| |
A-3b Total Net Swap Payment Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4a Total Net Swap Payment Due |
|
|
|
|
|
|
|
|
| $ | 115,995.00 |
| |
A-4b Total Net Swap Payment Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
B Total Net Swap Payment Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
Certificate Total Net Swap Payment Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 Net Swap Receipt |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-2 Net Swap Receipt |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3a Net Swap Receipt |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3b Net Swap Receipt |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4a Net Swap Receipt |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4b Net Swap Receipt |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
B Net Swap Receipt |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
Certificate Net Swap Receipt |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Principal Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-2 notes Principal Due |
|
|
|
|
|
|
|
|
| $ | 44,900,706.15 |
| |
A-3a notes Principal Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-3b notes Principal Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4a notes Principal Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
A-4b notes Principal Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Floor |
|
|
|
|
|
|
|
|
| $ | 13,420,500.00 |
| |
Class B notes Principal Due |
|
|
|
|
|
|
|
|
| $ | 1,628,523.02 |
| |
Reallocated Class B Principal |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Certificate Principal Due |
|
|
|
|
|
|
|
|
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Total notes Interest Due |
|
|
|
|
|
|
|
|
| $ | 1,571,683.28 |
| |
Total notes Principal Due |
|
|
|
|
|
|
|
|
| $ | 46,529,229.17 |
| |
Net Swap/Termination Payment Due |
|
|
|
|
|
|
|
|
| $ | 159,663.75 |
| |
Total notes Distributable Amount |
|
|
|
|
|
|
|
|
| $ | 48,260,576.20 |
| |
3
CNH Equipment Trust 2003-B
$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004
$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006
$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008
$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008
$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011
$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011
$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011
$23,000,000 3.35% Asset Backed Certificates
Actual Payment Date |
| 12/15/2004 |
|
|
| ||
|
|
|
|
|
| ||
Cash Available for Distribution |
|
|
|
|
| ||
Total Collections + Reinvestment Income For The Period |
| $ | 50,343,137.38 |
|
|
| |
|
|
|
|
|
| ||
Beginning Negitive Carry Account |
| $ | 0.00 |
|
|
| |
Deposits from Negitive Carry Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Spread Account Balance |
| $ | 23,000,000.00 |
|
|
| |
Additional Deposit to Spread Account from Pre-funding |
| $ | 0.00 |
|
|
| |
Deposits from Spread Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Principal Supplement Account |
| $ | 0.00 |
|
|
| |
Deposits from Principal Supplement Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Total Cash Available |
| $ | 50,343,137.38 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| Available |
| ||
|
|
|
| Cash |
| ||
Cash Allocation (Cashflow Waterfall) |
|
|
|
|
| ||
Backup Servicing Fee Paid |
| $ | 13,547.36 |
|
|
| |
Backup Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| 50,329,590.02 |
| ||
Servicing Fee Paid |
| $ | 677,367.85 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 49,652,222.17 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 49,652,055.50 |
| |
Net Swap Payment Paid |
| $ | 159,663.75 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Note Interest & Swap Termination Payment |
|
|
| $ | 49,492,391.75 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Note Interest |
| $ | 49,492,391.75 |
|
|
| |
Cash Available to Pay Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class A-1 notes Interest Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Interest Paid |
| $ | 240,386.07 |
|
|
| |
Class A-3a notes Interest Paid |
| $ | 383,600.00 |
|
|
| |
Class A-3b notes Interest Paid |
| $ | 287,137.50 |
|
|
| |
Class A-4a notes Interest Paid |
| $ | 258,630.00 |
|
|
| |
Class A-4b notes Interest Paid |
| $ | 322,508.33 |
|
|
| |
|
|
|
| $ | 48,000,129.85 |
| |
Class A-1 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-2 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-3a notes Interest Shortfall |
|
|
|
|
| ||
Class A-3b notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-4a notes Interest Shortfall |
|
|
|
|
| ||
Class A-4b notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 48,000,129.85 |
| |
Class B notes Interest Paid |
| $ | 79,421.38 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 47,920,708.47 |
| |
Class A-1 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Principal Paid |
| $ | 44,900,706.15 |
|
|
| |
Class A-3a notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-3b notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-4a notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-4b notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class B notes Principal Paid |
| $ | 1,628,523.02 |
|
|
| |
|
|
|
| $ | 1,391,479.30 |
| |
Remaining Class B Principal Reallocation Amount |
| $ | 0.00 |
|
|
| |
Reallocated Class A-1 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Remaining Class B Principal Reallocation Amount |
| $ | 0.00 |
| $ | 1,391,479.30 |
|
Reallocated Class A-2 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Remaining Class B Principal Reallocation Amount |
| $ | 0.00 |
| $ | 1,391,479.30 |
|
Reallocated Class A-3a notes Principal Paid |
| $ | 0.00 |
|
|
| |
Reallocated Class A-3b notes Principal Paid |
| $ | 0.00 |
|
|
| |
Remaining Class B Principal Reallocation Amount |
| $ | 0.00 |
| $ | 1,391,479.30 |
|
Reallocated Class A-4a notes Principal Paid |
| $ | 0.00 |
|
|
| |
Reallocated Class A-4b notes Principal Paid |
| $ | 0.00 |
|
|
| |
Remaining Class B Principal Reallocation Amount |
| $ | 0.00 |
| $ | 1,391,479.30 |
|
|
|
|
|
|
| ||
Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 1,391,479.30 |
| |
Certificate Interest Paid |
| $ | 64,208.33 |
|
|
| |
Certificate Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 1,327,270.97 |
| |
Certificate Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 1,327,270.97 |
| |
Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 766,312,196.36 |
|
|
| |
A-1 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-2 notes Ending Principal balance |
| $ | 123,791,269.49 |
|
|
| |
A-3a notes Ending Principal balance |
| $ | 205,500,000.00 |
|
|
| |
A-3b notes Ending Principal balance |
| $ | 139,500,000.00 |
|
|
| |
A-4a notes Ending Principal balance |
| $ | 133,200,000.00 |
|
|
| |
A-4b notes Ending Principal balance |
| $ | 114,500,000.00 |
|
|
| |
B notes Ending Principal balance |
| $ | 26,820,926.87 |
|
|
| |
Certificate Ending Principal balance |
| $ | 23,000,000.00 |
|
|
| |
|
|
|
|
|
| ||
Release to Seller as Excess |
| $ | 1,327,270.97 |
| $ | 1,327,270.97 |
|
4
CNH Equipment Trust 2003-B
$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004
$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006
$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008
$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008
$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011
$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011
$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011
$23,000,000 3.35% Asset Backed Certificates
Actual Payment Date |
|
|
|
|
|
|
| 12/15/2004 |
|
|
|
|
| |||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
|
|
|
|
|
|
|
| Amount |
| Factor |
| Per/$1000 |
| |||
Summary and Factors |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
|
|
| $ | 812,841,425.53 |
| 0.7068186 |
| $ | 706.82 |
| |
A-1 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | (0.00 | ) | (0.0000000 | ) | $ | (0.00 | ) | |
A-2 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 168,691,975.64 |
| 0.6488153 |
| $ | 648.82 |
| |
A-3a notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 205,500,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |
A-3b notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 139,500,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |
A-4a notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 133,200,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |
A-4b notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 114,500,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 28,449,449.89 |
| 0.7059417 |
| $ | 705.94 |
| |
Certificate Beginning Principal balance |
|
|
|
|
|
|
| $ | 23,000,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (End of Period) |
|
|
|
|
|
|
| $ | 766,312,196.36 |
| 0.6663584 |
| $ | 666.36 |
| |
A-1 notes Ending Principal balance |
|
|
| $ | 234,000,000.00 |
|
|
| $ | (0.00 | ) | (0.0000000 | ) | $ | (0.00 | ) |
A-2 notes Ending Principal balance |
|
|
| $ | 260,000,000.00 |
|
|
| $ | 123,791,269.49 |
| 0.4761203 |
| $ | 476.12 |
|
|
| Pro rata% |
|
|
|
|
|
|
|
|
|
|
| |||
A-3a notes Ending Principal balance |
| 59.57 | % | $ | 205,500,000.00 |
|
|
| $ | 205,500,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
|
A-3b notes Ending Principal balance |
| 40.43 | % | $ | 139,500,000.00 |
|
|
| $ | 139,500,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
|
A-4a notes Ending Principal balance |
| 53.77 | % | $ | 133,200,000.00 |
|
|
| $ | 133,200,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
|
A-4b notes Ending Principal balance |
| 46.23 | % | $ | 114,500,000.00 |
| 94.50 | % | $ | 114,500,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
|
B notes Ending Principal balance |
|
|
| $ | 40,300,000.00 |
| 3.50 | % | $ | 26,820,926.87 |
| 0.6655317 |
| $ | 665.53 |
|
Certificate Ending Principal balance |
|
|
| $ | 23,000,000.00 |
| 2.00 | % | $ | 23,000,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Interest Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Interest Paid |
|
|
|
|
|
|
| $ | 240,386.07 |
| 0.0009246 |
| $ | 0.92 |
| |
Class A-3a notes Interest Paid |
|
|
|
|
|
|
| $ | 383,600.00 |
| 0.0018667 |
| $ | 1.87 |
| |
Class A-3b notes Interest Paid |
|
|
|
|
|
|
| $ | 287,137.50 |
| 0.0020583 |
| $ | 2.06 |
| |
Class A-4a notes Interest Paid |
|
|
|
|
|
|
| $ | 258,630.00 |
| 0.0019417 |
| $ | 1.94 |
| |
Class A-4b notes Interest Paid |
|
|
|
|
|
|
| $ | 322,508.33 |
| 0.0028167 |
| $ | 2.82 |
| |
Class B notes Interest Paid |
|
|
|
|
|
|
| $ | 79,421.38 |
| 0.0019708 |
| $ | 1.97 |
| |
Certificate Interest Paid |
|
|
|
|
|
|
| $ | 64,208.33 |
| 0.0027917 |
| $ | 2.79 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3a notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3b notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-4a notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-4b notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class B notes Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Certificate Interest Shortfall |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Class A-1 notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-2 notes Principal Paid |
|
|
|
|
|
|
| $ | 44,900,706.15 |
| 0.1726950 |
| $ | 172.70 |
| |
Class A-3a notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-3b notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-4a notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class A-4b notes Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class B notes Principal Paid |
|
|
|
|
|
|
| $ | 1,628,523.02 |
| 0.0404100 |
| $ | 40.41 |
| |
Certificate Principal Paid |
|
|
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Negitive Carry Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Negitive Carry |
| 0.75000 | % | 11/25/2003 |
|
|
| 1.8764 | % |
|
|
|
| |||
Negitive Carry Days Remaining |
|
|
| 2/15/2004 |
|
|
| 0 |
|
|
|
|
| |||
Required Negitive Carry Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Beginning Negitive Carry Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Negitive Carry Account Withdrawls to Distribution Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Negitive Carry Released to Seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Negitive Carry Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Spread Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Required Spread Account Deposit (Add Loans) |
|
|
| 2.00 | % |
|
| $ | 0.00 |
|
|
|
|
| ||
Required Spread Account Target |
|
|
| 2.50 | % |
|
| $ | 19,157,804.90 |
|
|
|
|
| ||
Required Spread Account Floor |
|
|
| 2.00 | % |
|
| $ | 23,000,000.00 |
|
|
|
|
| ||
Required Spread Account |
|
|
|
|
|
|
| $ | 23,000,000.00 |
|
|
|
|
| ||
Beginning Spread Account Balance |
|
|
|
|
|
|
| $ | 23,000,000.00 |
|
|
|
|
| ||
Additional Deposit to Spread Account from Pre-funding |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Withdrawls to Distribution Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Deposits from Excess Cash |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Spread Account Released to Seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Spread Account Balance |
|
|
|
|
|
|
| $ | 23,000,000.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Principal Supplement Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Required Principal Supplement Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Beginning Principal Supplement Account Balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Additional Deposit to Principal Supplement Account from Pre-funding |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Principal Supplement Account Withdrawls to Distribution Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Principal Supplement Account Released to Seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Principal Supplement Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Pre-funding Account |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Beginning Pre-funding Account Balance |
|
|
|
|
|
|
| $ | 0.25 |
|
|
|
|
| ||
New Contract Value Purchased |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Deposits to Spread Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Deposits to Principal Supplement Account |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
Ending Pre-funding Account Balance |
|
|
|
|
|
|
| $ | 0.25 |
|
|
|
|
| ||
Release to seller |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Release to Seller |
|
|
|
|
|
|
| $ | 2,004,805.49 |
|
|
|
|
| ||
5
