EXHIBIT B
TO SERIES 1996-4 SUPPLEMENT
FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION
TO THE TRUSTEE
THE CHASE MANHATTAN BANK
CHASE CREDIT CARD MASTER TRUST SERIES 1996-4
MONTHLY PERIOD ENDING __________ __, ____
Capitalized terms used in this notice have their respective meanings set forth
in the Pooling and Servicing Agreement. References herein to certain sections
and subsections are references to the respective sections and subsections of
the Pooling and Servicing Agreement as supplemented by the Series 1996-4
Supplement. This notice is delivered pursuant to Section 4.9.
A) The Chase Manhattan Bank ("Chase") is the Servicer under the Pooling
and Servicing Agreement.
B) The undersigned is a Servicing Officer.
C) The date of this notice is on or before the related Transfer Date
under the Pooling and Servicing Agreement.
I. INSTRUCTION TO MAKE A WITHDRAWAL
Pursuant to Section 4.9, the Servicer does hereby instruct the Trustee (i) to
make withdrawals from the Finance Charge Account, the Principal Account, the
Principal Funding Account and The Distribution Account on ___________ __,
____, which date is a Transfer Date under the Pooling and Servicing Agreement,
in aggregate amounts set forth below in respect of the following amounts and
(ii) to apply the proceeds of such withdrawals in accordance with accordance
with subsection 3(a) of the Series 1996-4 Supplement and Section 4.9 of the
Pooling and Servicing Agreement:
A. Pursuant to subsection 3(a) of the Series 1996-4
Supplement:
1. Servicer Interchange $_______________
B. Pursuant to subsection 4.9(a)(i):
1. Class A Monthly Interest at the Class A
Certificate Rate on the Class A Investor Interest $_______________
2. Class A Deficiency Amount $_______________
3. Class A Additional Interest $_______________
C. Pursuant to subsection 4.9(a)(ii):
1. Class A Servicing Fee $_______________
2. Accrued and unpaid Class A Servicing Fee $_______________
D. Pursuant to subsection 4.9(a)(iii):
1. Class A Investor Default Amount $_______________
E. Pursuant to subsection 4.9(a)(iv):
1. Portion of Excess Spread from Class A Available
Funds to be allocated and distributed as provided
in Section 4.11 $_______________
F. Pursuant to subsection 4.9(b)(i):
1. Class B Monthly Interest at the Class B
Certificate Rate on the Class B Investor Interest $_______________
2. Class B Deficiency Amount $_______________
3. Class B Additional Interest $_______________
G. Pursuant to subsection 4.9(b)(ii):
1. Class B Servicing Fee $_______________
2. Accrued and unpaid Class B Servicing Fee $_______________
H. Pursuant to subsection 4.9(b)(iii):
1. Portion of Excess Spread from Class B Available
Funds to be allocated and distributed as provided
in Section 4.11 $_______________
I. Pursuant to subsection 4.9(c)(i):
1. Collateral Interest Servicing Fee, if applicable $_______________
2. Accrued and unpaid Collateral Interest Servicing
Fee, if applicable $_______________
J. Pursuant to subsection 4.9(c)(ii):
1. Portion of Excess Spread from Collateral
Available Funds to be allocated and distributed
as provided in Section 4.11 $_______________
K. Pursuant to subsection 4.9(d)(i):
1. Collateral Monthly Principal, if any, applied in
accordance with the Loan Agreement $_______________
L. Pursuant to subsection 4.9(d)(ii):
1. Amount to be treated as Shared Principal
Collections $_______________
M. Pursuant to subsection 4.9(d)(iii):
1. Amount to be paid to the Holder of the Transferor
Certificate $_______________
2. Unallocated Principal Collections $_______________
N. Pursuant to subsection 4.9(e)(i):
1. Class A Monthly Principal $_______________
O. Pursuant to subsection 4.9(e)(ii):
1. Class B Monthly Principal $_______________
P. Pursuant to subsection 4.9(e)(iii):
1. Collateral Monthly Principal to be applied in
accordance with the Loan Agreement $_______________
Q. Pursuant to subsection 4.9(e)(iv):
1. Amount to be treated as Shared Principal
Collections $_______________
R. Pursuant to subsection 4.9(e)(v):
1. Amount to be paid to the Holder of the Transferor
Certificate $_______________
2. Unallocated Principal Collections $_______________
Total $_______________
S. Pursuant to subsection 4.9(f):
1. Amount to be withdrawn from the Principal Funding
Account and deposited into the Distribution
Account $_______________
II. INSTRUCTION TO MAKE CERTAIN PAYMENTS
Pursuant to Section 4.9, the Servicer does hereby instruct the Trustee to pay
in accordance with Section 5.1 from the Distribution Account on __________ __,
____, which date is a Distribution Date under the Pooling and Servicing
Agreement, amounts so deposited in the Distribution Account pursuant to
Section 4.9 as set forth below:
A. Pursuant to subsection 4.9(g):
1. Amount to be distributed to Class A
Certificateholders $_______________
2. Amount to be distributed to Class B
Certificateholders $_______________
B. Pursuant to subsection 4.9(h)(i):
1. Amount to be distributed to the Class A
Certificateholders $_______________
C. Pursuant to subsection 4.9(h)(ii):
1. Amount to be distributed to the Class B
Certificateholders $_______________
III. APPLICATION OF EXCESS SPREAD
Pursuant to Section 4.11, the Servicer does hereby instruct the Trustee to
apply the Excess Spread with respect to the related Monthly Period and to make
the following distributions in the following priority:
A. The amount equal to the Class A Required Amount, if
any, which will be used to fund the Class A Required
Amount and be applied in accordance with, and in the
priority set forth in, subsection 4.9(a) $_______________
B. The amount equal to the aggregate amount of Class A
Investor Charge-Offs which have not been previously
reimbursed (after giving effect to the allocation on
such Transfer Date of certain other amounts applied
for that purpose) which will be treated as a portion
of Investor Principal Collections and deposited into
the Principal Account on such Transfer Date $_______________
C. The amount equal to the Class B Required Amount, if
any, which will be used to fund the Class B Required
Amount and be applied first in accordance with, and in
the priority set forth in, subsection 4.9(b) and then
any amount available to pay the Class B Investor
Default Amount shall be treated as a portion of
Investor Principal Collections and deposited into the
Principal Account $_______________
D. The amount equal to the aggregate amount by which the
Class B Investor Interest has been reduced below the
initial Class B Investor Interest for reasons other
than the payment of principal to the Class B Certif-
icateholders (but not in excess of the aggregate
amount of such reductions which have not been
previously reimbursed) which will be treated as a
portion of Investor Principal Collections and
deposited into the Principal Account $_______________
E. The amount equal to the Collateral Monthly Interest
plus the amount of any past due Collateral Monthly
Interest which will be paid to the Collateral Interest
Holder for application in accordance with the Loan
Agreement $_______________
F. The amount equal to the aggregate amount of accrued
but unpaid Collateral Interest Servicing Fees which
will be paid to the Servicer if the Transferor or the
Trustee is the Servicer $_______________
G. The amount equal to the Collateral Default Amount, if
any, for the prior Monthly Period which will be
treated as a portion of Investor Principal Collections
and deposited into the Principal Account $_______________
H. The amount equal to the aggregate amount by which the
Collateral Interest has been reduced below the
Required Collateral Interest for reasons other than
the payment of principal to the Collateral Interest
Holder (but not in excess of the aggregate amount of
such reductions which have not been previously
reimbursed) which will be treated as a portion of
Investor Principal Collections and deposited into the
Principal Account $_______________
I. On each Transfer Date from and after the Reserve
Account Funding Date, but prior to the date on which
the Reserve Account terminates as described in
subsection 4.15(f), the amount up to the excess, if
any, of the Required Reserve Account Amount over the
Available Reserve Account Amount which shall be
deposited into the Reserve Account $_______________
J. The amount equal to the amounts determined to be
payable to the Collateral Interest Holder pursuant to
subsections 2.11(a)(i), (ii) and (iii) of the Loan
Agreement $_______________
K. The balance, if any, after giving effect to the
payments made pursuant to subparagraphs (a) through
(j) above which shall constitute "Shared Excess
Finance Charge Collections" with respect to other $_______________
Series in Group One.
IV. REALLOCATED PRINCIPAL COLLECTIONS
Pursuant to Section 4.12, the Servicer does hereby instruct the Trustee to
withdraw from the Principal Account and apply Reallocated Principal
Collections pursuant to Section 4.12 with respect to the related Monthly
Period in the following amounts:
A. Reallocated Collateral Principal Receivables $_______________
B. Reallocated Class B Principal Receivables
$_______________
V. ACCRUED AND UNPAID AMOUNTS
After giving effect to the withdrawals and transfers to be made in accordance
with this notice, the following amounts will be accrued and unpaid with
respect to all Monthly Periods preceding the current calendar month
A. Subsection 4.9(a)(i) and (b)(i):
1. The aggregate amount of the Class A Deficiency
Amount $_______________
2. The aggregate amount of Class B Deficiency Amount $_______________
B. Subsections 4.9(a)(ii) and (b)(ii):
The aggregate amount of all accrued and unpaid
Investor Monthly Servicing Fees $_______________
C. Section 4.10:
The aggregate amount of all unreimbursed Investor
Charge Offs $_______________
IN WITNESS WHEREOF, the undersigned has duly executed this
certificate this ____ day of __________, ____.
THE CHASE MANHATTAN BANK,
Servicer
By:________________________
Name:
Title:
EXHIBIT C
TO SERIES 1996-4
SUPPPLEMENT
The Chase Manhattan Bank Chase Credit Card Master Monthly
Certificateholders' Statement Trust Series 1996-4 Report
Section 5.2 - Supplement Class A Class B Collateral Total
(i) Monthly Principal
Distributed ____________________________ _________
(ii) Monthly Interest
Distributed ____________________________ _________
Deficiency Amounts ____________________________ _________
Additional Interest ____________________________ _________
Accrued and Unpaid
Interest __________________ _________
___________ _________
(iii) Collections of
Principal Receivables ____________________________ ________
(iv) Collections of Finance
Charge Receivables ____________________________ ________
(v) Aggregate Amount of
Principal Receivables ________
Investor Interest ____________________________ _________
Adjusted Interest ____________________________ _________
Floating Investor
Percentage ____________________________ _________
Fixed Investor
Percentage ____________________________ _________
(vi) Receivables Delinquent
(As % of Total
Receivables)
Current
30 to 59 days _________
60 to 89 days _________
90 or more days _________
Total Receivables _________
_________
(vii) Investor Default Amount ____________________________ _________
(viii) Investor Charge-Offs ____________________________ _________
(ix) Reimbursed Investor
Charge-Offs ____________________________ _________
(x) Servicing Fee ____________________________ _________
(xi) Portfolio Yield _________
(xii) Reallocated Monthly
Principal _______________ _________
(xiii) Closing Investor
Interest ____________________________ _________
The Chase Manhattan Bank Chase Credit Card Master Monthly
Certificateholders' Statement Trust Series 1996-4 Report
Section 5.2 - Supplement Class A Class B Collateral Total
(xiv) LIBOR _________
(xv) Principal Funding
Account Balance _________
(xvi) Accumulation Shortfall _________
(xvii) Principal Funding
Investment Proceeds _________
(xviii) Principal Investment
Funding Shortfall _________
(xix) Available Funds ____________________________ _________
(xx) Certificate Rate ____________________________
SCHEDULE I
(Schedule to Exhibit C of
the Pooling and Servicing
Agreement with respect to
the Investor Certificates)
SCHEDULE TO MONTHLY SERVICER'S CERTIFICATE
MONTHLY PERIOD ENDING _______ __, ____
THE CHASE MANHATTAN BANK
CHASE CREDIT CARD MASTER TRUST SERIES 1996-4
1. The aggregate amount of the Investor Percentage of Collec-
tions of Principal Receivables . . . . . . . . . . . . . . $________
2. The aggregate amount of Investor Percentage of Collections
of Finance Charge Receivables (excluding Interchange and
amounts with respect to Annual Membership Fees) . . . . . . $________
3. The aggregate amount of Investor Percentage of amounts
with respect to Annual Membership Fees . . . . . . . . . . $________
4. The aggregate amount of Investor Percentage of
Interchange . . . . . . . . . . . . . . . . . . . . . . . . $________
5. The aggregate amount of Servicer
Interchange . . . . . . . . . . . . . . . . . . . . . . . . $________
6. The aggregate amount of funds on deposit in the Finance
Change Account allocable to the Series 1996-4
Certificates . . . . . . . . . . . . . . . . . . . . . . . $________
7. The aggregate amount of funds on deposit in the Principal
Account allocable to the Series 1996-4 Certificates . . . . $________
8. The aggregate amount of funds on deposit in the Principal
Funding Account allocable to the Series 1996-4 Certif-
icates . . . . . . . . . . . . . . . . . . . . . . . . . . $________
9. The aggregate amount to be withdrawn from the Finance
Charge Account and paid in accordance with the Loan Agre-
ement pursuant to Section 4.11 of the Series 1996-4
Supplement . . . . . . . . . . . . . . . . . . . . . . . . $________
10. The excess, if any, of the Required Collateral Interest
over the Collateral Interest . . . . . . . . . . . . . . . $________
11. The Collateral Interest on the Transfer Date of the
current calendar month, after giving effect to the de-
posits and withdrawals specified above, is equal to . . . . $________
12. The amount of Monthly Interest, Deficiency Amounts and
Additional Interest payable to the
(i) Class A Certificateholders . . . . . . . . . . . . . . $________
(ii) Class B Certificateholders . . . . . . . . . . . . . . $________
(iii) Collateral Interest Holder . . . . . . . . . . . . . $________
13. The amount of principal payable to the
(i) Class A Certificateholders . . . . . . . . . . . . . . $________
(ii) Class B Certificateholders . . . . . . . . . . . . . . $________
(iii) Collateral Interest Holder . . . . . . . . . . . . . $________
14. The sum of all amounts payable to the
(i) Class A Certificateholders . . . . . . . . . . . . . . $________
(ii) Class B Certificateholders . . . . . . . . . . . . . . $________
(iii) Collateral Interest Holder . . . . . . . . . . . . . $________
15. To the knowledge of the undersigned, no Series 1996-4 Pay
Out Event or Trust Pay Out Event has occurred except as
described below:
[If applicable, insert "none."]
IN WITNESS WHEREOF, the undersigned has duly executed this Certificates
as of this ____ day of ________, ___.
THE CHASE MANHATTAN BANK
By:____________________________
Name:
Title: