Exhibit 99.3
CHASE ISSUANCE TRUST
(formerly Bank One Issuance Trust)
Form of CHASEseries Monthly Noteholders’ Statement
Monthly Period: December 2004
The undersigned, a duly authorized representative of Chase Manhattan Bank USA, National Association (the “Bank”), formerly Bank One Delaware, National Association, as Servicer pursuant to the Amended and Restated Transfer and Servicing Agreement, dated as of October 15, 2004 (the “Transfer and Servicing Agreement”), among the Bank, as Transferor, Servicer and Administrator Chase Issuance Trust, as Issuer, and Wells Fargo Bank, National Association, as Indenture Trustee and Collateral Agent, does hereby certify as follows:
| A. | Information Regarding the Current Distribution to Noteholders |
| 1. | The total amount of the distribution to Noteholders on the Payment Date per $1,000 Initial Outstanding Dollar Principal Amount |
| Tranche | Amount | |
Class A (2002-01) | 2.37292 | |
Class A (2002-02) | 3.46667 | |
Class A (2002-03) | 2.99167 | |
Class A (2002-04) | 2.45000 | |
Class A (2002-05) | 2.38236 | |
Class A (2002-06) | 2.44847 | |
Class A (2003-01) | 2.38236 | |
Class A (2003-02) | 2.31625 | |
Class A (2003-03) | 2.37292 | |
Class A (2003-04) | 2.50514 | |
Class A (2003-05) | 2.31625 | |
Class A (2003-06) | 2.37292 | |
Class A (2003-07) | 2.79167 | |
Class A (2003-08) | 2.50514 | |
Class A (2003-09) | 3.21667 | |
Class A (2003-10) | 2.37292 | |
Class A (2004-01) | 2.87500 | |
Class A (2004-02) | 2.29736 | |
Class A (2004-03) | 2.42958 | |
Class A (2004-04) | 2.30681 | |
Class A (2004-05) | 2.39181 | |
Class A (2004-06) | 3.28333 | |
Class A (2004-07) | 2.38236 | |
Class A (2004-08) | 2.38236 | |
Class A (2004-09) | 2.68333 | |
Class A (2004-10) | 2.28792 | |
Class B (2002-01) | 2.62792 | |
Class B (2002-02) | 2.59014 | |
Class B (2002-03) | 2.60903 | |
Class B (2003-01) | 2.61847 | |
Class B (2003-02) | 2.48625 | |
Class B (2003-03) | 2.57125 | |
Class B (2004-01) | 2.57125 | |
Class B (2004-02) | 3.64167 | |
Class C (2002-01) | 3.17569 | |
Class C (2002-02) | 3.20403 | |
Class C (2002-03) | 3.13333 | |
Class C (2003-01) | 3.78333 | |
Class C (2003-02) | 3.34569 | |
Class C (2003-03) | 3.97500 | |
Class C (2003-04) | 3.24181 | |
Class C (2004-01) | 2.74125 | |
Class C (2004-02) | 3.02458 | |
Class C (2004-03) | 2.71292 | |
| 2. | The amount of the distribution set forth in item 1 in respect of interest on the Notes, per 0 Initial Outstanding Dollar Principal Amount |
| Tranche | Amount | |
Class A (2002-01) | 2.37292 | |
Class A (2002-02) | 3.46667 | |
Class A (2002-03) | 2.99167 | |
Class A (2002-04) | 2.45000 | |
Class A (2002-05) | 2.38236 | |
Class A (2002-06) | 2.44847 | |
Class A (2003-01) | 2.38236 | |
Class A (2003-02) | 2.31625 | |
Class A (2003-03) | 2.37292 | |
Class A (2003-04) | 2.50514 | |
Class A (2003-05) | 2.31625 | |
Class A (2003-06) | 2.37292 | |
Class A (2003-07) | 2.79167 | |
Class A (2003-08) | 2.50514 | |
Class A (2003-09) | 3.21667 | |
Class A (2003-10) | 2.37292 | |
Class A (2004-01) | 2.87500 | |
Class A (2004-02) | 2.29736 | |
Class A (2004-03) | 2.42958 | |
Class A (2004-04) | 2.30681 | |
Class A (2004-05) | 2.39181 | |
Class A (2004-06) | 3.28333 | |
Class A (2004-07) | 2.38236 | |
Class A (2004-08) | 2.38236 | |
Class A (2004-09) | 2.68333 | |
Class A (2004-10) | 2.28792 | |
Class B (2002-01) | 2.62792 | |
Class B (2002-02) | 2.59014 | |
Class B (2002-03) | 2.60903 | |
Class B (2003-01) | 2.61847 | |
Class B (2003-02) | 2.48625 | |
Class B (2003-03) | 2.57125 | |
Class B (2004-01) | 2.57125 | |
Class B (2004-02) | 3.64167 | |
Class C (2002-01) | 3.17569 | |
Class C (2002-02) | 3.20403 | |
Class C (2002-03) | 3.13333 | |
Class C (2003-01) | 3.78333 | |
Class C (2003-02) | 3.34569 | |
Class C (2003-03) | 3.97500 | |
Class C (2003-04) | 3.24181 | |
Class C (2004-01) | 2.74125 | |
Class C (2004-02) | 3.02458 | |
Class C (2004-03) | 2.71292 | |
| 3. | The amount of the distribution set forth in item 1 in respect of principal on the Notes, per $1,000 Initial Outstanding Dollar Principal Amount |
| Tranche | Amount | |
Class A (2002-01) | 0.00000 | |
Class A (2002-02) | 0.00000 | |
Class A (2002-03) | 0.00000 | |
Class A (2002-04) | 0.00000 | |
Class A (2002-05) | 0.00000 | |
Class A (2002-06) | 0.00000 | |
Class A (2003-01) | 0.00000 | |
Class A (2003-02) | 0.00000 | |
Class A (2003-03) | 0.00000 | |
Class A (2003-04) | 0.00000 | |
Class A (2003-05) | 0.00000 | |
Class A (2003-06) | 0.00000 | |
Class A (2003-07) | 0.00000 | |
Class A (2003-08) | 0.00000 | |
Class A (2003-09) | 0.00000 | |
Class A (2003-10) | 0.00000 | |
Class A (2004-01) | 0.00000 | |
Class A (2004-02) | 0.00000 | |
Class A (2004-03) | 0.00000 | |
Class A (2004-04) | 0.00000 | |
Class A (2004-05) | 0.00000 | |
Class A (2004-06) | 0.00000 | |
Class A (2004-07) | 0.00000 | |
Class A (2004-08) | 0.00000 | |
Class A (2004-09) | 0.00000 | |
Class A (2004-10) | 0.00000 | |
Class B (2002-01) | 0.00000 | |
Class B (2002-02) | 0.00000 | |
Class B (2002-03) | 0.00000 | |
Class B (2003-01) | 0.00000 | |
Class B (2003-02) | 0.00000 | |
Class B (2003-03) | 0.00000 | |
Class B (2004-01) | 0.00000 | |
Class B (2004-02) | 0.00000 | |
Class C (2002-01) | 0.00000 | |
Class C (2002-02) | 0.00000 | |
Class C (2002-03) | 0.00000 | |
Class C (2003-01) | 0.00000 | |
Class C (2003-02) | 0.00000 | |
Class C (2003-03) | 0.00000 | |
Class C (2003-04) | 0.00000 | |
Class C (2004-01) | 0.00000 | |
Class C (2004-02) | 0.00000 | |
Class C (2004-03) | 0.00000 | |
| B. | Information regarding the Tranches of Notes of the CHASEseries |
| 1. | Outstanding Dollar Principal Amount and Nominal Liquidation Amount of Tranches of Notes of the CHASEseries for the related Monthly Period |
| Tranche | Initial Outstanding Dollar Principal Amount | Outstanding Dollar Principal Amount | Adjusted Outstanding Dollar Principal Amount | Nominal Liquidation Amount | ||||
Class A (2002-01) | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 | ||||
Class A (2002-02) | 1,250,000,000.00 | 1,250,000,000.00 | 1,250,000,000.00 | 1,250,000,000.00 | ||||
Class A (2002-03) | 500,000,000.00 | 500,000,000.00 | 500,000,000.00 | 500,000,000.00 | ||||
Class A (2002-04) | 750,000,000.00 | 750,000,000.00 | 750,000,000.00 | 750,000,000.00 | ||||
Class A (2002-05) | 850,000,000.00 | 850,000,000.00 | 850,000,000.00 | 850,000,000.00 | ||||
Class A (2002-06) | 500,000,000.00 | 500,000,000.00 | 500,000,000.00 | 500,000,000.00 | ||||
Class A (2003-01) | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 | ||||
Class A (2003-02) | 1,500,000,000.00 | 1,500,000,000.00 | 1,500,000,000.00 | 1,500,000,000.00 | ||||
Class A (2003-03) | 1,250,000,000.00 | 1,250,000,000.00 | 1,250,000,000.00 | 1,250,000,000.00 | ||||
Class A (2003-04) | 500,000,000.00 | 500,000,000.00 | 500,000,000.00 | 500,000,000.00 | ||||
Class A (2003-05) | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 | ||||
Class A (2003-06) | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 | ||||
Class A (2003-07) | 500,000,000.00 | 500,000,000.00 | 500,000,000.00 | 500,000,000.00 | ||||
Class A (2003-08) | 525,000,000.00 | 525,000,000.00 | 525,000,000.00 | 525,000,000.00 | ||||
Class A (2003-09) | 650,000,000.00 | 650,000,000.00 | 650,000,000.00 | 650,000,000.00 | ||||
Class A (2003-10) | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 | 1,000,000,000.00 | ||||
Class A (2004-01) | 650,000,000.00 | 650,000,000.00 | 650,000,000.00 | 650,000,000.00 | ||||
Class A (2004-02) | 2,000,000,000.00 | 2,000,000,000.00 | 2,000,000,000.00 | 2,000,000,000.00 | ||||
Class A (2004-03) | 675,000,000.00 | 675,000,000.00 | 675,000,000.00 | 675,000,000.00 | ||||
Class A (2004-04) | 1,250,000,000.00 | 1,250,000,000.00 | 1,250,000,000.00 | 1,250,000,000.00 | ||||
Class A (2004-05) | 750,000,000.00 | 750,000,000.00 | 750,000,000.00 | 750,000,000.00 | ||||
Class A (2004-06) | 550,000,000.00 | 550,000,000.00 | 550,000,000.00 | 550,000,000.00 | ||||
Class A (2004-07) | 1,200,000,000.00 | 1,200,000,000.00 | 1,200,000,000.00 | 1,200,000,000.00 | ||||
Class A (2004-08) | 350,000,000.00 | 350,000,000.00 | 350,000,000.00 | 350,000,000.00 | ||||
Class A (2004-09) | 1,150,000,000.00 | 1,150,000,000.00 | 1,150,000,000.00 | 1,150,000,000.00 | ||||
Class A (2004-10) | 850,000,000.00 | 850,000,000.00 | 850,000,000.00 | 850,000,000.00 | ||||
Total Class A | 23,200,000,000.00 | 23,200,000,000.00 | 23,200,000,000.00 | 23,200,000,000.00 | ||||
Class B (2002-01) | 250,000,000.00 | 250,000,000.00 | 250,000,000.00 | 250,000,000.00 | ||||
Class B (2002-02) | 275,000,000.00 | 275,000,000.00 | 275,000,000.00 | 275,000,000.00 | ||||
Class B (2002-03) | 500,000,000.00 | 500,000,000.00 | 500,000,000.00 | 500,000,000.00 | ||||
Class B (2003-01) | 200,000,000.00 | 200,000,000.00 | 200,000,000.00 | 200,000,000.00 | ||||
Class B (2003-02) | 125,000,000.00 | 125,000,000.00 | 125,000,000.00 | 125,000,000.00 | ||||
Class B (2003-03) | 275,000,000.00 | 275,000,000.00 | 275,000,000.00 | 275,000,000.00 | ||||
Class B (2004-01) | 250,000,000.00 | 250,000,000.00 | 250,000,000.00 | 250,000,000.00 | ||||
Class B (2004-02) | 300,000,000.00 | 300,000,000.00 | 300,000,000.00 | 300,000,000.00 | ||||
Total Class B | 2,175,000,000.00 | 2,175,000,000.00 | 2,175,000,000.00 | 2,175,000,000.00 | ||||
Class C (2002-01) | 250,000,000.00 | 250,000,000.00 | 250,000,000.00 | 250,000,000.00 | ||||
Class C (2002-02) | 225,000,000.00 | 225,000,000.00 | 225,000,000.00 | 225,000,000.00 | ||||
Class C (2002-03) | 175,000,000.00 | 175,000,000.00 | 175,000,000.00 | 175,000,000.00 | ||||
Class C (2003-01) | 200,000,000.00 | 200,000,000.00 | 200,000,000.00 | 200,000,000.00 | ||||
Class C (2003-02) | 175,000,000.00 | 175,000,000.00 | 175,000,000.00 | 175,000,000.00 | ||||
Class C (2003-03) | 400,000,000.00 | 400,000,000.00 | 400,000,000.00 | 400,000,000.00 | ||||
Class C (2003-04) | 150,000,000.00 | 150,000,000.00 | 150,000,000.00 | 150,000,000.00 | ||||
Class C (2004-01) | 150,000,000.00 | 150,000,000.00 | 150,000,000.00 | 150,000,000.00 | ||||
Class C (2004-02) | 165,000,000.00 | 165,000,000.00 | 165,000,000.00 | 165,000,000.00 | ||||
Class C (2004-03) | 200,000,000.00 | 200,000,000.00 | 200,000,000.00 | 200,000,000.00 | ||||
Total Class C | 2,090,000,000.00 | 2,090,000,000.00 | 2,090,000,000.00 | 2,090,000,000.00 | ||||
Total | 27,465,000,000.00 | 27,465,000,000.00 | 27,465,000,000.00 | 27,465,000,000.00 | ||||
| 2. | Nominal Liquidation Amount of Notes of the CHASEseries |
| Tranche | Beginning Nominal Liquidation Amount | Increases from accretion of Principal for Discount Notes | Increases from amounts withdrawn from the Principal Funding Subaccounts in respect of Prefunding Excess Amounts | Reimbursements of prior Nominal Liquidation Amount Deficits from Available Finance Charge Collections | Reductions due to reallocations of Available Principal Collections and Investor Charge-Offs | Reductions due to amounts deposited to the Principal Funding Subaccounts | Ending Nominal Liquidation Amount | |||||||
Class A (2002-01) | 1,000,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,000,000,000.00 | |||||||
Class A (2002-02) | 1,250,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,250,000,000.00 | |||||||
Class A (2002-03) | 500,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 500,000,000.00 | |||||||
Class A (2002-04) | 750,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 750,000,000.00 | |||||||
Class A (2002-05) | 850,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 850,000,000.00 | |||||||
Class A (2002-06) | 500,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 500,000,000.00 | |||||||
Class A (2003-01) | 1,000,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,000,000,000.00 | |||||||
Class A (2003-02) | 1,500,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,500,000,000.00 | |||||||
Class A (2003-03) | 1,250,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,250,000,000.00 | |||||||
Class A (2003-04) | 500,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 500,000,000.00 | |||||||
Class A (2003-05) | 1,000,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,000,000,000.00 | |||||||
Class A (2003-06) | 1,000,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,000,000,000.00 | |||||||
Class A (2003-07) | 500,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 500,000,000.00 | |||||||
Class A (2003-08) | 525,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 525,000,000.00 | |||||||
Class A (2003-09) | 650,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 650,000,000.00 | |||||||
Class A (2003-10) | 1,000,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,000,000,000.00 | |||||||
Class A (2004-01) | 650,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 650,000,000.00 | |||||||
Class A (2004-02) | 2,000,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,000,000,000.00 | |||||||
Class A (2004-03) | 675,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 675,000,000.00 | |||||||
Class A (2004-04) | 1,250,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,250,000,000.00 | |||||||
Class A (2004-05) | 750,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 750,000,000.00 | |||||||
Class A (2004-06) | 550,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 550,000,000.00 | |||||||
Class A (2004-07) | 1,200,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,200,000,000.00 | |||||||
Class A (2004-08) | 350,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 350,000,000.00 | |||||||
Class A (2004-09) | 1,150,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,150,000,000.00 | |||||||
Class A (2004-10) | 850,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 850,000,000.00 | |||||||
Total Class A | 23,200,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23,200,000,000.00 | |||||||
Class B (2002-01) | 250,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 250,000,000.00 | |||||||
Class B (2002-02) | 275,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 275,000,000.00 | |||||||
Class B (2002-03) | 500,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 500,000,000.00 | |||||||
Class B (2003-01) | 200,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 200,000,000.00 | |||||||
Class B (2003-02) | 125,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 125,000,000.00 | |||||||
Class B (2003-03) | 275,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 275,000,000.00 | |||||||
Class B (2004-01) | 250,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 250,000,000.00 | |||||||
Class B (2004-02) | 300,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 300,000,000.00 | |||||||
Total Class B | 2,175,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,175,000,000.00 | |||||||
Class C (2002-01) | 250,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 250,000,000.00 | |||||||
Class C (2002-02) | 225,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 225,000,000.00 | |||||||
Class C (2002-03) | 175,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 175,000,000.00 | |||||||
Class C (2003-01) | 200,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 200,000,000.00 | |||||||
Class C (2003-02) | 175,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 175,000,000.00 | |||||||
Class C (2003-03) | 400,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 400,000,000.00 | |||||||
Class C (2003-04) | 150,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 150,000,000.00 | |||||||
Class C (2004-01) | 150,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 150,000,000.00 | |||||||
Class C (2004-02) | 165,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 165,000,000.00 | |||||||
Class C (2004-03) | 200,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 200,000,000.00 | |||||||
Total Class C | 2,090,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,090,000,000.00 | |||||||
Total | 27,465,000,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 27,465,000,000.00 | |||||||
| 3. | CHASEseries Interest Funding Account Sub-Accounts |
| Tranche | Beginning Interest Funding Subaccount Balance | Targeted deposit to the Interest Funding Subaccount with respect to the current period | Previous shortfalls of targeted deposits to the Interest Funding Subaccount | Actual deposit to the Interest Funding Subaccount | Amount withdrawn from the Interest Funding Subaccount for payment to Noteholders | Other Withdrawals | Ending Interest Funding Subaccount Balance | ||||||||
Class A (2002-01) | 0.00 | 2,372,916.67 | 0.00 | 2,372,916.67 | (2,372,916.67 | ) | 0.00 | 0.00 | |||||||
Class A (2002-02) | 0.00 | 4,333,333.33 | 0.00 | 4,333,333.33 | (4,333,333.33 | ) | 0.00 | 0.00 | |||||||
Class A (2002-03) | 0.00 | 1,495,833.33 | 0.00 | 1,495,833.33 | (1,495,833.33 | ) | 0.00 | 0.00 | |||||||
Class A (2002-04) | 0.00 | 1,837,500.00 | 0.00 | 1,837,500.00 | (1,837,500.00 | ) | 0.00 | 0.00 | |||||||
Class A (2002-05) | 0.00 | 2,025,006.94 | 0.00 | 2,025,006.94 | (2,025,006.94 | ) | 0.00 | 0.00 | |||||||
Class A (2002-06) | 0.00 | 1,224,236.11 | 0.00 | 1,224,236.11 | (1,224,236.11 | ) | 0.00 | 0.00 | |||||||
Class A (2003-01) | 0.00 | 2,382,361.11 | 0.00 | 2,382,361.11 | (2,382,361.11 | ) | 0.00 | 0.00 | |||||||
Class A (2003-02) | 0.00 | 3,474,375.00 | 0.00 | 3,474,375.00 | (3,474,375.00 | ) | 0.00 | 0.00 | |||||||
Class A (2003-03) | 0.00 | 2,966,145.83 | 0.00 | 2,966,145.83 | (2,966,145.83 | ) | 0.00 | 0.00 | |||||||
Class A (2003-04) | 0.00 | 1,252,569.44 | 0.00 | 1,252,569.44 | (1,252,569.44 | ) | 0.00 | 0.00 | |||||||
Class A (2003-05) | 0.00 | 2,316,250.00 | 0.00 | 2,316,250.00 | (2,316,250.00 | ) | 0.00 | 0.00 | |||||||
Class A (2003-06) | 0.00 | 2,372,916.67 | 0.00 | 2,372,916.67 | (2,372,916.67 | ) | 0.00 | 0.00 | |||||||
Class A (2003-07) | 0.00 | 1,395,833.33 | 0.00 | 1,395,833.33 | (1,395,833.33 | ) | 0.00 | 0.00 | |||||||
Class A (2003-08) | 0.00 | 1,315,197.92 | 0.00 | 1,315,197.92 | (1,315,197.92 | ) | 0.00 | 0.00 | |||||||
Class A (2003-09) | 0.00 | 2,090,833.33 | 0.00 | 2,090,833.33 | (2,090,833.33 | ) | 0.00 | 0.00 | |||||||
Class A (2003-10) | 0.00 | 2,372,916.67 | 0.00 | 2,372,916.67 | (2,372,916.67 | ) | 0.00 | 0.00 | |||||||
Class A (2004-01) | 0.00 | 1,868,750.00 | 0.00 | 1,868,750.00 | (1,868,750.00 | ) | 0.00 | 0.00 | |||||||
Class A (2004-02) | 0.00 | 4,594,722.22 | 0.00 | 4,594,722.22 | (4,594,722.22 | ) | 0.00 | 0.00 | |||||||
Class A (2004-03) | 0.00 | 1,639,968.75 | 0.00 | 1,639,968.75 | (1,639,968.75 | ) | 0.00 | 0.00 | |||||||
Class A (2004-04) | 0.00 | 2,883,506.94 | 0.00 | 2,883,506.94 | (2,883,506.94 | ) | 0.00 | 0.00 | |||||||
Class A (2004-05) | 0.00 | 1,793,854.17 | 0.00 | 1,793,854.17 | (1,793,854.17 | ) | 0.00 | 0.00 | |||||||
Class A (2004-06) | 0.00 | 1,805,833.33 | 0.00 | 1,805,833.33 | (1,805,833.33 | ) | 0.00 | 0.00 | |||||||
Class A (2004-07) | 0.00 | 2,858,833.33 | 0.00 | 2,858,833.33 | (2,858,833.33 | ) | 0.00 | 0.00 | |||||||
Class A (2004-08) | 0.00 | 833,826.39 | 0.00 | 833,826.39 | (833,826.39 | ) | 0.00 | 0.00 | |||||||
Class A (2004-09) | 0.00 | 3,085,833.33 | 0.00 | 3,085,833.33 | (3,085,833.33 | ) | 0.00 | 0.00 | |||||||
Class A (2004-10) | 0.00 | 1,944,729.17 | 0.00 | 1,944,729.17 | (1,944,729.17 | ) | 0.00 | 0.00 | |||||||
Total Class A | 0.00 | 58,538,083.31 | 0.00 | 58,538,083.31 | (58,538,083.31 | ) | 0.00 | 0.00 | |||||||
Class B (2002-01) | 0.00 | 656,979.17 | 0.00 | 656,979.17 | (656,979.17 | ) | 0.00 | 0.00 | |||||||
Class B (2002-02) | 0.00 | 712,288.19 | 0.00 | 712,288.19 | (712,288.19 | ) | 0.00 | 0.00 | |||||||
Class B (2002-03) | 0.00 | 1,304,513.89 | 0.00 | 1,304,513.89 | (1,304,513.89 | ) | 0.00 | 0.00 | |||||||
Class B (2003-01) | 0.00 | 523,694.44 | 0.00 | 523,694.44 | (523,694.44 | ) | 0.00 | 0.00 | |||||||
Class B (2003-02) | 0.00 | 310,781.25 | 0.00 | 310,781.25 | (310,781.25 | ) | 0.00 | 0.00 | |||||||
Class B (2003-03) | 0.00 | 707,093.75 | 0.00 | 707,093.75 | (707,093.75 | ) | 0.00 | 0.00 | |||||||
Class B (2004-01) | 0.00 | 642,812.50 | 0.00 | 642,812.50 | (642,812.50 | ) | 0.00 | 0.00 | |||||||
Class B (2004-02) | 0.00 | 1,092,500.00 | 0.00 | 1,092,500.00 | (1,092,500.00 | ) | 0.00 | 0.00 | |||||||
Total Class B | 0.00 | 5,950,663.19 | 0.00 | 5,950,663.19 | (5,950,663.19 | ) | 0.00 | 0.00 | |||||||
Class C (2002-01) | 0.00 | 793,923.61 | 0.00 | 793,923.61 | (793,923.61 | ) | 0.00 | 0.00 | |||||||
Class C (2002-02) | 0.00 | 720,906.25 | 0.00 | 720,906.25 | (720,906.25 | ) | 0.00 | 0.00 | |||||||
Class C (2002-03) | 0.00 | 548,333.33 | 0.00 | 548,333.33 | (548,333.33 | ) | 0.00 | 0.00 | |||||||
Class C (2003-01) | 0.00 | 756,666.67 | 0.00 | 756,666.67 | (756,666.67 | ) | 0.00 | 0.00 | |||||||
Class C (2003-02) | 0.00 | 585,496.53 | 0.00 | 585,496.53 | (585,496.53 | ) | 0.00 | 0.00 | |||||||
Class C (2003-03) | 0.00 | 1,590,000.00 | 0.00 | 1,590,000.00 | (1,590,000.00 | ) | 0.00 | 0.00 | |||||||
Class C (2003-04) | 0.00 | 486,270.83 | 0.00 | 486,270.83 | (486,270.83 | ) | 0.00 | 0.00 | |||||||
Class C (2004-01) | 0.00 | 411,187.50 | 0.00 | 411,187.50 | (411,187.50 | ) | 0.00 | 0.00 | |||||||
Class C (2004-02) | 0.00 | 499,056.25 | 0.00 | 499,056.25 | (499,056.25 | ) | 0.00 | 0.00 | |||||||
Class C (2004-03) | 0.00 | 542,583.33 | 0.00 | 542,583.33 | (542,583.33 | ) | 0.00 | 0.00 | |||||||
Total Class C | 0.00 | 6,934,424.30 | 0.00 | 6,934,424.30 | (6,934,424.30 | ) | 0.00 | 0.00 | |||||||
Total | 0.00 | 71,423,170.80 | 0.00 | 71,423,170.80 | (71,423,170.80 | ) | 0.00 | 0.00 | |||||||
| 4. | CHASEseries Principal Funding Account Sub-Accounts |
| Tranche | Beginning Principal Funding Subaccount Balance | Targeted deposit to the Principal Funding Subaccount with respect to the current period | Previous shortfalls of targeted deposits to the Principal Funding Subaccount | Actual deposit to the Principal Funding Subaccount | Amount withdrawn from the Principal Funding Subaccount for payment to Noteholders | Other Withdrawals | Ending Principal Funding Subaccount Balance | |||||||
Class A (2002-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2002-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2002-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2002-04) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2002-05) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2002-06) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2003-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2003-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2003-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2003-04) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2003-05) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2003-06) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2003-07) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2003-08) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2003-09) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2003-10) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2004-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2004-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2004-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2004-04) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2004-05) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2004-06) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2004-07) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2004-08) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2004-09) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class A (2004-10) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Total Class A | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class B (2002-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class B (2002-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class B (2002-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class B (2003-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class B (2003-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class B (2003-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class B (2004-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class B (2004-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Total Class B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2002-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2002-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2002-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2003-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2003-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2003-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2003-04) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2004-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2004-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2004-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Total Class C | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Total | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| 5. | CHASEseries Class C Reserve Sub-Accounts |
| Tranche | Beginning Class C Reserve Subaccount Balance | Class C Reserve Subaccount earnings for the current period | Targeted deposit to the Class C Reserve Subaccount | Actual deposit to the Class C Reserve Subaccount, including Excess Amounts | Amount withdrawn in respect of payment of interest or principal to Noteholders | Withdrawal of Excess Amounts pursuant to subsection 3.25(c) of the Indenture Supplement | Ending Class C Reserve Subaccount Balance | |||||||
Class C (2002-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2002-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2002-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2003-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2003-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2003-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2003-04) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2004-01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2004-02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Class C (2004-03) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Total Class C | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
Total | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| 6. | Class A Required Subordinated Amount of Class B and Class C Notes and Class A Usage of Class B and Class C Required Subordinated Amounts |
| Tranche | Required Subordinated Amount of Class B Notes as of the close of business on the related Note Transfer Date | Required Subordinated Amount of Class C Notes as of the close of business on the related Note Transfer Date | Class A Usage of Class B Required Subordinated Amount for the current period | Class A Usage of Class C Required Subordinated Amount for the current period | Cumulative Class A Usage of Class B Required Subordinated Amount | Cumulative Class A Usage of Class C Required Subordinated Amount | ||||||
Class A (2002-01) | 84,795,300.00 | 84,795,300.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2002-02) | 105,994,125.00 | 105,994,125.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2002-03) | 42,397,650.00 | 42,397,650.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2002-04) | 63,596,475.00 | 63,596,475.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2002-05) | 72,076,005.00 | 72,076,005.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2002-06) | 42,397,650.00 | 42,397,650.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2003-01) | 84,795,300.00 | 84,795,300.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2003-02) | 127,192,950.00 | 127,192,950.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2003-03) | 105,994,125.00 | 105,994,125.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2003-04) | 42,397,650.00 | 42,397,650.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2003-05) | 84,795,300.00 | 84,795,300.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2003-06) | 84,795,300.00 | 84,795,300.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2003-07) | 42,397,650.00 | 42,397,650.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2003-08) | 44,517,532.50 | 44,517,532.50 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2003-09) | 55,116,945.00 | 55,116,945.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2003-10) | 84,795,300.00 | 84,795,300.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2004-01) | 55,116,945.00 | 55,116,945.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2004-02) | 169,590,600.00 | 169,590,600.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2004-03) | 57,236,827.50 | 57,236,827.50 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2004-04) | 105,994,125.00 | 105,994,125.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2004-05) | 63,596,475.00 | 63,596,475.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2004-06) | 46,637,415.00 | 46,637,415.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2004-07) | 101,754,360.00 | 101,754,360.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2004-08) | 29,678,355.00 | 29,678,355.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2004-09) | 97,514,595.00 | 97,514,595.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Class A (2004-10) | 72,076,005.00 | 72,076,005.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
Total | 1,967,250,960.00 | 1,967,250,960.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7. | Class B Required Subordinated Amount of Class C Notes and Class B Usage of Class C Required Subordinated Amounts |
| Tranche | Required Subordinated Amount of Class C Notes as of the close of business on the related Note Transfer Date | Class B Usage of Class C Required Subordinated Amount for the current period | Cumulative Class B Usage of Class C Required Subordinated Amount | |||
Class B (2002-01) | 227,987,367.81 | 0.00 | 0.00 | |||
Class B (2002-02) | 250,786,104.60 | 0.00 | 0.00 | |||
Class B (2002-03) | 455,974,735.63 | 0.00 | 0.00 | |||
Class B (2003-01) | 182,389,894.25 | 0.00 | 0.00 | |||
Class B (2003-02) | 113,993,683.91 | 0.00 | 0.00 | |||
Class B (2003-03) | 250,786,104.60 | 0.00 | 0.00 | |||
Class B (2004-01) | 227,987,367.81 | 0.00 | 0.00 | |||
Class B (2004-02) | 273,584,841.38 | 0.00 | 0.00 | |||
Total | 1,983,490,099.99 | 0.00 | 0.00 |
| C. | Information regarding the performance of the CHASEseries |
| Current Monthly Period | Prior Monthly Period | 2nd Prior Monthly Period | |||||||
Portfolio Yield | 9.72 | % | 9.53 | % | 10.87 | % | |||
Less: Base Rate | 4.37 | % | 4.13 | % | 3.96 | % | |||
Excess Spread | 5.35 | % | 5.40 | % | 6.91 | % | |||
Three Month Average Excess Spread | 5.89 | % | |||||||
Principal Payment Rate | 18.30 | % |
| CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION, as Servicer | ||
By: |
| |
| Patricia Garvey | ||
| Vice President | ||
