1
Exhibit 20.1
THE CHASE MANHATTAN BANK (USA)
CHASE MANHATTAN CREDIT CARD MASTER TRUST SERIES 1991-1
MONTHLY CERTIFICATEHOLDERS' STATEMENT FOR MONTHLY PERIOD 60
Monthly Period - Beginning Date 06/01/1996
Monthly Period - End Date 06/30/1996
Determination Date 07/08/1996
Remittance Date 07/15/1996
I. Information Regarding Distributions to Certificateholders
A. Total amount distributed to
Certificateholders (per $1,000
Initial Invested Amount) $ 86.979
B. Total principal Amount
distributed to Certificateholders
(per $1,000 Initial Invested
amount) $ 83.333
C. Total interest amount
distributed to Certificateholders
(per $1,000 Initial Invested
amount) $ 3.646
II. Receivables Balances
A. Aggregate Principal Receivables in
Trust, end of period 59 $ 9,659,163,387
B. Aggregate Principal Receivables in
Trust, end of period 60 $ 9,734,541,369
C. Investor Interest, end of period 59 $ 499,999,996
D. Investor Interest, end of period 60 $ 416,666,662
E. Investor Interest as a percentage
of Trust Principal Receivables, period 59 5.1764%
F. Investor Interest as a percentage
of Trust Principal Receivables, period 60 4.2803%
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2
III. Collections During Due Period
A. Aggregate amount of Collections
processed $ 1,159,455,975
B. Monthly Pay Rate for:
1. Period - 55 11.80%
2. Period - 56 12.06%
3. Period - 57 11.73%
4. Period - 58 12.19%
5. Period - 59 12.01%
6. Period - 60 11.70%
7. 6 mo. avg. 11.91%
C. Collections of Principal Receivables
allocated to Certificateholders $ 107,023,671
D. Amount by which Controlled Amortization
Amount exceeds principal allocated
to Investors $ 0
E. Collections of Finance Charges
allocated to Investor Certificate-
holders $ 7,238,109
F. Annualized gross portfolio yield for:
1. Period - 58 18.59%
2. Period - 59 17.08%
3. Period - 60 17.37%
4. 3 mo. avg. 17.68%
IV. Delinquent Balances
Aggregate Percent of
Account Aggregate
Balances Receivables
A. Less than 30 days delinquent $ 1,242,397,906 12.44%
B. 30 - 59 days delinquent $ 241,860,739 2.42%
C. 60 - 89 days delinquent $ 129,097,006 1.29%
D. 90 or more days delinquent $ 202,255,712 2.02%
E. Total $ 1,815,611,363 18.17%
V. Default Summary
A. Aggregate Investor Default Amount $ 2,188,888
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3
B. Investor default Percentage for:
1. Period - 58 5.52%
2. Period - 59 4.62%
3. Period - 60 5.25%
4. 3 mo. avg. 5.13%
C. Investor Charge Offs
1. Aggregate dollar amount $ 0
2. Per $1000 of Initial Investor Certificate $ 0
D. Reimbursed Investor Charge Offs
1. Aggregate dollar Amount $ 0
2. Per $1000 of Initial Investor Certificate $ 0
E. Base Rate 10.90%
F. Net Portfolio Yield Minus Base Rate for:
1. Period - 58 2.18%
2. Period - 59 1.56%
3. Period - 60 1.22%
4. 3 mo. avg. 1.65%
VI. Monthly Investor Servicing Fee $ 895,833
VII. Draw from Cash Collateral Account $ 0
VIII. Required Cash Collateral Amount $ 45,833,333
IX. Available Cash Collateral Amount $ 45,833,333
X. Deficit Controlled Amortization
Amount $ 0
XI. Pool Factor 0.416666662000
The Chase Manhattan Bank (USA),
Servicer
By: /s/ Patricia Garvey
---------------------
Patricia Garvey
Second Vice President
8
4
THE CHASE MANHATTAN BANK (USA)
CHASE MANHATTAN CREDIT CARD MASTER TRUST SERIES 1992-1
MONTHLY CERTIFICATEHOLDERS' STATEMENT FOR MONTHLY PERIOD 52
Monthly Period - Beginning Date 06/01/1996
Monthly Period - End Date 06/30/1996
Determination Date 07/08/1996
Remittance Date 07/15/1996
I. Information Regarding Distributions to Certificateholders
A. Total amount distributed to
Certificateholders (per $1,000
Initial Invested Amount) $ 6.167
B. Total principal Amount
distributed to Certificateholders
(per $1,000 Initial Invested
amount) $ 0.000
C. Total interest amount
distributed to Certificateholders
(per $1,000 Initial Invested
amount) $ 6.167
II. Receivables Balances
A. Aggregate Principal Receivables in
Trust, end of period 51 $ 9,659,163,387
B. Aggregate Principal Receivables in
Trust, end of period 52 $ 9,734,541,369
C. Investor Interest, end of period 51 $ 750,000,000
D. Investor Interest, end of period 52 $ 750,000,000
E. Investor Interest as a percentage
of Trust Principal Receivables, period 51 7.7646%
F. Investor Interest as a percentage
of Trust Principal Receivables, period 52 7.7045%
III. Collections During Due Period
A. Aggregate amount of Collections
processed during the Billing Cycles which
ended during the Monthly Period $ 1,159,455,975
9
5
B. Monthly Pay Rate for:
1. Period - 47 11.80%
2. Period - 48 12.06%
3. Period - 49 11.73%
4. Period - 50 12.19%
5. Period - 51 12.01%
6. Period - 52 11.70%
7. 6 mo. avg. 11.91%
C. Collections of Principal Receivables
during the Billing Cycles which
ended during the Monthly period $ 80,064,410
D. Amount by which Controlled Amortization
Amount exceeds principal allocated
to Investors $ 0
E. Collections of Finance Charges
during the Billing Cycles which ended
during the Monthly Period $ 10,857,163
F. Annualized gross portfolio yield for:
1. Period - 50 18.59%
2. Period - 51 17.08%
3. Period - 52 17.37%
4. 3 mo. avg. 17.68%
IV. Delinquent Balances
Aggregate Percent of
Account Aggregate
Receivables Balances
A. Less than 30 days delinquent $ 1,242,397,906 12.44%
B. 30 - 59 days delinquent $ 241,860,739 2.42%
C. 60 - 89 days delinquent $ 129,097,006 1.29%
D. 90 or more days delinquent $ 202,255,712 2.02%
E. Total $ 1,815,611,363 18.17%
V. Default Summary
A. Aggregate Investor Default Amount $ 3,283,332
B. Investor default Percentage for:
1. Period - 50 5.52%
2. Period - 51 4.62%
3. Period - 52 5.25%
4. 3 mo. avg. 5.13%
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C. Investor Charge Offs
1. Aggregate dollar amount $ 0
2. Per $1000 of Initial Investor Certificate $ 0
D. Reimbursed Investor Charge Offs
1. Aggregate dollar Amount $ 0
2. Per $1000 of Initial Investor Certificate $ 0
E. Base Rate 9.65%
F. Net Portfolio Yield Minus Base Rate for:
1. Period - 50 3.43%
2. Period - 51 2.81%
3. Period - 52 2.47%
4. 3 mo. avg. 2.90%
VI. Monthly Investor Servicing Fee $ 1,343,750
VII. Withdrawal from Cash Collateral Account
under Section 4.06 $ 0
VIII. Required Cash Collateral Amount $ 82,500,000
IX. Available Cash Collateral Amount $ 82,500,000
X. Deficit Controlled Amortization Amount $ 0
XI. Pool Factor 1.000000000000
The Chase Manhattan Bank (USA),
Servicer
By: /s/ Patricia Garvey
---------------------
Patricia Garvey
Second Vice President
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7
THE CHASE MANHATTAN BANK (USA)
Chase Manhattan Credit Card Master Trust Series 1995-1
For the July 15, 1996 Distribution Date
For Monthly Period 16
Under Section 5.02 of the Pooling and Servicing Agreement dated as of June 1,
1991 and the Series 1995-1 Supplement dated as of March 1, 1995 (together, the
"Agreement") by and between The Chase Manhattan Bank (USA) ("Chase") and Yasuda
Bank and Trust Company (U.S.A.), as trustee (the "Trustee"), Chase, as Servicer,
is required to prepare certain information each month regarding current
distributions to Series 1995-1 Certificateholders and the performance of the
Chase Manhattan Credit Card Master Trust (the "Trust") and the Series 1995-1
Class A Certificates and Series 1995-1 Class B Certificates during the previous
month. The information which is required to be prepared with respect to the July
15, 1996 Distribution Date and with respect to the performance of the Trust
during the month Jun, 1996, (the " 16 Monthly Period") is set forth below.
Certain of the information is presented on the basis of an original principal
amount of $1,000 per Series 1995-1 Investor Certificate (a
"Certificate").Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Agreement.
I. INFORMATION REGARDING THE CURRENT MONTHLY DISTRIBUTION TO THE CLASS A
AND CLASS B CERTIFICATEHOLDERS (STATED ON THE BASIS OF $1,000 ORIGINAL
CERTIFICATE PRINCIPAL AMOUNT)
A) The total amount of the distribution to Series 1995-1
Certificateholders on July 15, 1996, per $1,000 original
certificate principal amount
(1) Class A Certificateholders.............. 4.375856
(2) Class B Certificateholders.............. 4.496411
B) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the 1995-1 Certificates, per $1,000 original
certificate principal amount
(1) Class A Certificateholders.............. 0.000000
(2) Class B Certificateholders.............. 0.000000
C) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the 1995-1 Certificates, per $1,000 original
certificate principal amount
(1) Class A Certificates.................... 4.375856
(2) Class B Certificates.................... 4.496411
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II. INFORMATION REGARDING THE PERFORMANCE OF THE TRUST
A) Collections
(1) The aggregate amount of Collections processed with respect
to Billing Cycles ending during the preceding Monthly
Period and allocated to the Series 1995-1 Certificates
was equal to............................ $ 121,228,763.71
(2) The Payment Rate with respect to the preceding Monthly Period
was equal to............................ 11.70%
For 15 Monthly Period (the 2nd
preceding Monthly Period), the monthly payment rate was
equal to........................ 12.01%
For the 14 Monthly Period (the 3rd
preceding Monthly Period), the monthly payment
rate was equal to............... 12.19%
(3) The aggregate amount of Collections of Principal Receivables
processed with respect to Billing Cycles ending during the
preceding Monthly Period which were allocated in respect of
the Series 1995-1 Certificates ......... $ 106,752,546.28
(4) The aggregate amount of Collections of Finance Charge Receivables
processed with respect to Billing Cycles ending during the preceding
Monthly Period which were allocated in respect of the Series 1995-1
Certificates
............. $ 14,476,217.43
B) Deficit Controlled Amortization Amount.......... $ 0
C) Principal Receivables in the Trust and Allocation Percentages
(1) The aggregate amount of Principal Receivables in the
Trust as of the end of each Billing Cycle ending in the
preceding Monthly Period (which reflects the Principal
Receivables represented by the Seller Interest,
by the Investor Interest of Series 1995-1, and by the
Investor Interest of all other outstanding Series)
........................................ $ 9,734,541,368.72
(2) The Investor Interest as of the last day of the preceding
Monthly Period
(a) Investor Interest............... $ 1,000,000,000.00
(b) Class A Investor Interest..... .. $ 855,000,000.00
(c) Class B Investor Interest....... $ 50,000,000.00
(d) Collateral Interest............. $ 95,000,000.00
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(3) The Investor Interest set forth in paragraph C(2)(a)
above as a percentage of the aggregate amount of
Principal Receivables set forth in paragraph
C(1) above.............................. 10.2727%
(4) The Class A Investor Interest set forth in paragraph C(2)(b) above
as a percentage of the aggregate amount of Principal Receivables set
forth in paragraph C(1) above........... 8.7832%
(5) The Class B Investor Interest set forth in paragraph C(2)(c) above
as a percentage of the aggregate amount of Principal Receivables set
forth in paragraph C(1) above........... 0.5136%
(6) The Collateral Interest set forth in paragraph C(2)(d) above as a
percentage of the aggregate amount of Principal Receivables set
forth in paragraph C(1) above........... 0.9759%
(7) The Class A Floating Percentage......... 85.5000%
(8) The Class B Floating Percentage.......... 5.0000%
(9) The Class B Principal Percentage......... 5.0000%
(10) The Collateral Floating Percentage.... ... 9.5000%
(11) The Collateral Principal Percentage.... . 9.5000%
(12) The Floating Allocation Percentage..... 10.3529%
(13) The Principal Allocation Percentage.... 10.3529%
D) Portfolio Yield and Base Rate
(1) The annualized Portfolio Yield for the preceding Monthly Period
was equal to............................. 17.37%
For the 15 Monthly Period (the 2nd
preceding Monthly Period), the annualized
portfolio yield was equal to..... 17.08%
For the 14 Monthly Period (the
3rd preceding Monthly Period), the annualized
portfolio yield was equal to..... 18.59%
The three month average Portfolio Yield was
equal to......................... 17.68%
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(2) Base Rate for the preceding Monthly Period was equal
to................................ 7.82%
For the 15 Monthly Period (the 2nd preceding
Monthly Period), the Base Rate was equal
to............................... 7.75%
For the 14 Monthly Period (the 3rd preceding
Monthly Period), the Base Rate was equal
to............................... 7.82%
E) Delinquent Balances
The aggregate amount of outstanding balances in the Accounts which were
delinquent as of the end of the last day of the related Billing Cycle
ending in the preceding Monthly Period:
Aggregate As a Percentage
Account of Aggregate
Balance Receivables
(1) Upto 29 Days $ 1,242,397,906 12.44
(2) 30 - 59 Days $ 241,860,739 2.42
(3) 60 - 89 Days $ 129,097,006 1.29
(4) 90 or more Days $ 202,255,712 2.02
TOTAL $ 1,815,611,363 18.17
F) Investor Default Amount
(1) The aggregate amount of all defaulted Principal Receivables written
off as uncollectible with respect to Billing Cycles ending during
preceding Monthly Period allocable to the Investor Interest less
Recoveries allocable to the Investor Interest (the "Series 1995-1
Aggregate Investor Default Amount") $ 4,377,776.41
(2) The portion of the series 1995-1 Aggregate Investor
Default Amount allocable to the Class A Investor
Interest (the "Class A Investor Default Amount")
....................................... $ 3,742,998.83
(3) The portion of the Series 1995-1 Aggregate Investor
Default Amount allocable to the Class B Investor
Interest (the "Class B Investor Default Amount")
....................................... $ 218,888.82
(4) The portion of the Series 1995-1 Aggregate Investor
Default Amount allocable to the Collateral Investor
Interest (the "Collateral Investor Default Amount")
....................................... $ 415,888.76
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(5) The annualized investor default percentage (Series
1995-1 Aggregate Investor Default Amount/Investor
Interest) x 12 for the preceding Monthly Period was
equal to .............................. 5.25%
For the 16 Monthly Period (the 2nd preceding Monthly Period),
the annualized investor default percentage was equal to 4.62%
For the 16 Monthly Period (the 3rd preceding Monthly Period),
the annualized investor default percentage was equal to 5.52%
G) Investor Charge Offs
(1) The aggregate amount of Class A Investor Charge-Offs
for the preceding Monthly Period....... $ 0.00
(2) The aggregate Class A Charge Off per $1000 Original
Certificate Principal Amount .......... $ 0.00
(3) The aggregate amount of Class A Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date................. $ 0.00
(4) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(2) above, per $1,000 original
Class A Certificate principal amount... $ 0.00
(5) The aggregate amount of Class B Investor Charge-Offs
for such Monthly Period................ $ 0.00
(6) The aggregate Class B Charge Off per $1000 Original
Certificate Principal Amount .......... $ 0.00
(7) The aggregate amount of Class B Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date................. $ 0.00
(8) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(6) above, per $1,000 original
Class B Certificate principal amount... $ 0.00
(9) The aggregate amount of Investor Charge-Offs
....................................... $ 0.00
(10) The aggregate Investor Charge Off per $1000 Original
Certificate Principal Amount .......... $ 0.00
(11) The aggregate amount of reimbursed Investor Charge-Offs
....................................... $ 0.00
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(12) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(9) above, per $1,000 original
Investor principal amount.............. $ 0.00
H) Shared Excess Finance Charge Collection
The aggregate amount of shared Excess Finance Charge Collections
during the preceding Monthly Period which were allocated to the
Series 1995-1 Certificates..................... $ 0
I) Shared Principal Collections
The aggregate amount of Shared Principal Collections during the
preceding Monthly Period allocated to the Series 1995-1
Certificates................................... $ 0
J) Reallocated Principal Collections
(1) Collections of Principal Receivables allocable to Class B
Certificates paid with respect to Class A Certificates to make up
deficiencies in Class A Required Amount for any Monthly Period. $ 0
(2) Collections of Principal Receivables allocable to
Collateral Interest paid with respect to Class B
Certificates to make up deficiencies in Class B
Required Amount........................ $ 0
K) Monthly Investor Servicing Fee
(1) The amount of the Monthly Investor Servicing
Fee payable by the Trust to the Servicer for the preceding
Monthly Period......................... $ 1,791,666.67
(2) The amount of the Class A Monthly Servicing Fee payable
by the Trust for the preceding Monthly Period
....................................... $ 1,531,875.00
(3) The amount of the Class B Monthly Servicing Fee payable
by the Trust to the Servicer for the preceding Monthly
Period................................. $ 89,583.33
(4) The amount of the Collateral Monthly Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period......................... $ 170,208.34
L) Collateral Interest
(1) The Available Collateral Interest, as of the close of
Transfer Date for the preceding Monthly Period was equal
to..................................... $ 95,000,000.00
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M) Required Collateral Interest
(1) The Required Collateral interest as of the Transfer
Date for the preceding Monthly Period was equal to
....................................... $ 95,000,000.00
III. THE POOL FACTOR
A) The Pool Factor for the Record Date for the distribution to be
made on the Distribution date (which represents the ratio of
the amount of the Investor Interest as of such Record Date
(determined after taking into account any reduction in the
Investor Interest which will occur on the Distribution Date)
to the Initial Investor Interest). The amount of a
Certificateholder's pro rata share of the Investor Interest can
be determined by multiplying the original denomination of the
Certificateholder's Certificate by the Pool Factor.1.00
THE CHASE MANHATTAN BANK (USA)
Servicer
By: /s/ Patricia Garvey
---------------------------
Name: Patricia Garvey
Title: Second Vice President
18
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THE CHASE MANHATTAN BANK (USA)
Chase Manhattan Credit Card Master Trust Series 1995-2
For the July 15, 1996 Distribution Date
For Monthly Period 13
Under Section 5.02 of the Pooling and Servicing Agreement dated as of
June 1, 1991 and the Series 1995-2 Supplement dated as of June 1, 1995
(together, the "Agreement") by and between The Chase Manhattan Bank (USA)
("Chase") and Yasuda Bank and Trust Company (U.S.A.), as trustee (the
"Trustee"), Chase, as Servicer, is required to prepare certain information each
month regarding current distributions to Series 1995-2 Certificateholders and
the performance of the Chase Manhattan Credit Card Master Trust (the "Trust")
and the Series 1995-2 Class A Certificates and Series 1995-2 Class B
Certificates during the previous month. The information which is required to be
prepared with respect to the July 15, 1996 Distribution Date and with respect to
the performance of the Trust during the month Jun, 1996, (the " 13 Monthly
Period") is set forth below. Certain of the information is presented on the
basis of an original principal amount of $1,000 per Series 1995-2 Investor
Certificate (a "Certificate").Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Agreement.
I. INFORMATION REGARDING THE CURRENT MONTHLY DISTRIBUTION TO THE CLASS A
AND CLASS B CERTIFICATEHOLDERS (STATED ON THE BASIS OF $1,000 ORIGINAL
CERTIFICATE PRINCIPAL AMOUNT)
A) The total amount of the distribution to Series 1995-2
Certificateholders on July 15, 1996, per $1,000 original
certificate principal amount
(1) Class A Certificateholders.............. 4.375856
(2) Class B Certificateholders.............. 4.469189
B) The amount of the distribution set forth in paragraph 1 above
in respect of principal of the 1995-2 Certificates, per $1,000
original certificate principal amount
(1) Class A Certificateholders.............. 0.000000
(2) Class B Certificateholders.............. 0.000000
C) The amount of the distribution set forth in paragraph 1 above
in respect of interest on the 1995-2 Certificates, per $1,000
original certificate principal amount
(1) Class A Certificates.................... 4.375856
(2) Class B Certificates.................... 4.469189
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15
II. INFORMATION REGARDING THE PERFORMANCE OF THE TRUST
A) Collections
(1) The aggregate amount of Collections processed with respect
to Billing Cycles ending during the preceding Monthly
Period and allocated to the Series 1995-2 Certificates
was equal to............................ $ 181,843,145.57
(2) The Payment Rate with respect to the preceding Monthly Period
was equal to............................ 11.70%
For 12 Monthly Period (the 2nd
preceding Monthly Period), the monthly payment rate was
equal to........................ 12.01%
For the 11 Monthly Period (the 3rd
preceding Monthly Period), the monthly payment
rate was equal to............... 12.19%
(3) The aggregate amount of Collections of Principal Receivables
processed with respect to Billing Cycles ending during the
preceding Monthly Period which were allocated in respect of
the Series 1995-2 Certificates ......... $ 160,128,819.42
(4) The aggregate amount of Collections of Finance Charge
Receivables processed with respect to Billing Cycles ending during
the preceding Monthly Period which were allocated in respect of
the Series 1995-2 Certificates.............. $ 21,714,326.15
B) Deficit Controlled Amortization Amount.......... $ 0
C) Principal Receivables in the Trust and Allocation Percentages
(1) The aggregate amount of Principal Receivables in the
Trust as of the end of each Billing Cycle ending in the
preceding Monthly Period (which reflects the Principal
Receivables represented by the Seller Interest,
by the Investor Interest of Series 1995-2, and by the
Investor Interest of all other outstanding
Series)................................. $ 9,734,541,368.72
(2) The Investor Interest as of the last day of the preceding
Monthly Period
(a) Investor Interest............... $ 1,500,000,000.00
(b) Class A Investor Interest....... $ 1,282,500,000.00
(c) Class B Investor Interest....... $ 82,500,000.00
(d) Collateral Interest............. $ 135,000,000.00
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(3) The Investor Interest set forth in paragraph C(2)(a)
above as a percentage of the aggregate amount of
Principal Receivables set forth in paragraph
C(1) above................................. 15.4090%
(4) The Class A Investor Interest set forth in paragraph C(2)(b) above
as a percentage of the aggregate amount of Principal Receivables set
forth in paragraph C(1) above.............. 13.1747%
(5) The Class B Investor Interest set forth in paragraph C(2)(c) above
as a percentage of the aggregate amount of Principal Receivables set
forth in paragraph C(1) above.............. 0.8475%
(6) The Collateral Interest set forth in paragraph C(2)(d) above as a
percentage of the aggregate amount of Principal Receivables set
forth in paragraph C(1) above.............. 1.3868%
(7) The Class A Floating Percentage......... 85.5000%
(8) The Class B Floating Percentage......... 5.5000%
(9) The Class B Principal Percentage........ 5.5000%
(10) The Collateral Floating Percentage...... 9.0000%
(11) The Collateral Principal Percentage..... 9.0000%
(12) The Floating Allocation Percentage...... 15.5293%
(13) The Principal Allocation Percentage..... 15.5293%
D) Portfolio Yield and Base Rate
(1) The annualized Portfolio Yield for the preceding Monthly Period
was equal to............................. 17.37%
For the 12 Monthly Period (the 2nd
preceding Monthly Period), the annualized
portfolio yield was equal to..... 17.08%
For the 11 Monthly Period (the
3rd preceding Monthly Period), the annualized
portfolio yield was equal to..... 18.59%
The three month average Portfolio Yield was
equal to......................... 17.68%
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(2) Base Rate for the preceding Monthly Period was equal to
......................................... 7.80%
For the 12 Monthly Period (the
2nd preceding Monthly Period), the Base Rate was
equal to......................... 7.74%
For the 11 Monthly Period (the 3rd
preceding Monthly Period), the Base Rate was
equal to......................... 7.81%
E) Delinquent Balances
The aggregate amount of outstanding balances in the Accounts which were
delinquent as of the end of the last day of the related Billing Cycle
ending in the preceding Monthly Period:
Aggregate As a Percentage
Account of Aggregate
Balance Receivables
(1) Upto 29 Days $ 1,242,397,906 12.44
(2) 30 - 59 Days $ 241,860,739 2.42
(3) 60 - 89 Days $ 129,097,006 1.29
(4) 90 or more Days $ 202,255,712 2.02
TOTAL $ 1,815,611,363 18.17
F) Investor Default Amount
(1) The aggregate amount of all defaulted Principal Receivables written
off as uncollectible with respect to Billing Cycles ending during
preceding Monthly Period allocable to the Investor Interest less
Recoveries allocable to the Investor Interest (the "Series 1995-2
Aggregate Investor Default Amount").......... $ 6,566,664.61
(2) The portion of the series 1995-2 Aggregate Investor
Default Amount allocable to the Class A Investor
Interest (the "Class A Investor Default
Amount")................................... $ 5,614,498.24
(3) The portion of the Series 1995-2 Aggregate Investor
Default Amount allocable to the Class B Investor
Interest (the "Class B Investor Default
Amount")................................... $ 361,166.55
(4) The portion of the Series 1995-2 Aggregate Investor
Default Amount allocable to the Collateral Investor
Interest (the "Collateral Investor Default
Amount")................................... $ 590,999.82
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(5) The annualized investor default percentage (Series
1995-2 Aggregate Investor Default Amount/Investor
Interest) x 12 for the preceding Monthly Period was
equal to .............................. 5.25%
For the 13 Monthly Period (the 2nd preceding Monthly Period),
the annualized investor default percentage was equal to 4.62%
For the 13 Monthly Period (the 3rd preceding Monthly Period),
the annualized investor default percentage was equal to 5.52%
G) Investor Charge Offs
(1) The aggregate amount of Class A Investor Charge-Offs
for the preceding Monthly Period....... $ 0.00
(2) The aggregate Class A Charge Off per $1000 Original
Certificate Principal Amount .......... $ 0.00
(3) The aggregate amount of Class A Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date................. $ 0.00
(4) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(2) above, per $1,000 original
Class A Certificate principal amount... $ 0.00
(5) The aggregate amount of Class B Investor Charge-Offs
for such Monthly Period................ $ 0.00
(6) The aggregate Class B Charge Off per $1000 Original
Certificate Principal Amount .......... $ 0.00
(7) The aggregate amount of Class B Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date................. $ 0.00
(8) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(6) above, per $1,000 original
Class B Certificate principal amount... $ 0.00
(9) The aggregate amount of Investor Charge-Offs
....................................... $ 0.00
(10) The aggregate Investor Charge Off per $1000 Original
Certificate Principal Amount .......... $ 0.00
(11) The aggregate amount of reimbursed Investor Charge-Offs
....................................... $ 0.00
23
19
(12) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(9) above, per $1,000 original
Investor principal amount.............. $ 0.00
H) Shared Excess Finance Charge Collection
The aggregate amount of shared Excess Finance Charge Collections
during the preceding Monthly Period which were allocated to the
Series 1995-2 Certificates................. $ 0
I) Shared Principal Collections
The aggregate amount of Shared Principal Collections during the
preceding Monthly Period allocated to the Series 1995-2
Certificates............................... $ 0
J) Reallocated Principal Collections
(1) Collections of Principal Receivables allocable to Class B
Certificates paid with respect to Class A Certificates to make up
deficiencies in Class A Required Amount for any Monthly
Period................................. $ 0
(2) Collections of Principal Receivables allocable to
Collateral Interest paid with respect to Class B
Certificates to make up deficiencies in Class B
Required Amount........................ $ 0
K) Monthly Investor Servicing Fee
(1) The amount of the Monthly Investor Servicing
Fee payable by the Trust to the Servicer for the preceding
Monthly Period......................... $ 2,687,500.00
(2) The amount of the Class A Monthly Servicing Fee payable
by the Trust for the preceding Monthly Period
....................................... $ 2,297,812.50
(3) The amount of the Class B Monthly Servicing Fee payable
by the Trust to the Servicer for the preceding Monthly
Period................................. $ 147,812.50
(4) The amount of the Collateral Monthly Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period......................... $ 241,875.00
L) Collateral Interest
(1) The Available Collateral Interest, as of the close of
Transfer Date for the preceding Monthly Period was equal
to..................................... $ 135,000,000.00
24
20
M) Required Collateral Interest
(1) The Required Collateral interest as of the Transfer
Date for the preceding Monthly Period was equal
to....................................... $ 135,000,000.00
III. THE POOL FACTOR
A) The Pool Factor for the Record Date for the distribution to be
made on the Distribution date (which represents the ratio of
the amount of the Investor Interest as of such Record Date
(determined after taking into account any reduction in the
Investor Interest which will occur on the Distribution Date)
to the Initial Investor Interest). The amount of a
Certificateholder's pro rata share of the Investor Interest can
be determined by multiplying the original denomination of the
Certificateholder's Certificate by the Pool Factor.1.00
THE CHASE MANHATTAN BANK (USA)
Servicer
By: /s/ Patricia Garvey
--------------------------------
Name: Patricia Garvey
Title: Second Vice President
25
21
THE CHASE MANHATTAN BANK (USA)
Chase Manhattan Credit Card Master Trust Series 1996-1
For the July 15, 1996 Distribution Date
For Monthly Period 5
Under Section 5.02 of the Pooling and Servicing Agreement dated as of
June 1, 1991 and the Series 1996-1 Supplement dated as of February 1, 1996
(together, the "Agreement") by and between The Chase Manhattan Bank (USA)
("Chase") and Yasuda Bank and Trust Company (U.S.A.), as trustee (the
"Trustee"), Chase, as Servicer, is required to prepare certain information each
month regarding current distributions to Series 1996-1 Certificateholders and
the performance of the Chase Manhattan Credit Card Master Trust (the "Trust")
and the Series 1996-1 Class A Certificates and Series 1996-1 Class B
Certificates during the previous month. The information which is required to be
prepared with respect to the July 15, 1996 Distribution Date and with respect to
the performance of the Trust during the month Jun, 1996, (the " 5 Monthly
Period") is set forth below. Certain of the information is presented on the
basis of an original principal amount of $1,000 per Series 1996-1 Investor
Certificate (a "Certificate").Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Agreement.
I. INFORMATION REGARDING THE CURRENT MONTHLY DISTRIBUTION TO THE CLASS A
AND CLASS B CERTIFICATEHOLDERS (STATED ON THE BASIS OF $1,000 ORIGINAL
CERTIFICATE PRINCIPAL AMOUNT)
A) The total amount of the distribution to Series 1996-1
Certificateholders on July 15, 1996, per $1,000 original
certificate principal amount
(1) Class A Certificateholders.............. 4.360300
(2) Class B Certificateholders.............. 4.461411
B) The amount of the distribution set forth in paragraph 1 above
in respect of principal of the 1996-1 Certificates, per $1,000
original certificate principal amount
(1) Class A Certificateholders.............. 0.000000
(2) Class B Certificateholders.............. 0.000000
C) The amount of the distribution set forth in paragraph 1 above
in respect of interest on the 1996-1 Certificates, per $1,000
original certificate principal amount
(1) Class A Certificates.................... 4.360300
(2) Class B Certificates.................... 4.461411
26
22
II. INFORMATION REGARDING THE PERFORMANCE OF THE TRUST
A) Collections
(1) The aggregate amount of Collections processed with respect
to Billing Cycles ending during the preceding Monthly
Period and allocated to the Series 1996-1 Certificates
was equal to............................ $ 181,843,145.57
(2) The Payment Rate with respect to the preceding Monthly Period
was equal to............................ 11.70%
For 4 Monthly Period (the 2nd
preceding Monthly Period), the monthly payment rate was
equal to........................ 12.01%
For the 3 Monthly Period (the 3rd
preceding Monthly Period), the monthly payment
rate was equal to............... 12.19%
(3) The aggregate amount of Collections of Principal Receivables
processed with respect to Billing Cycles ending during the
preceding Monthly Period which were allocated in respect of
the Series 1996-1 Certificates ......... $ 160,128,819.42
(4) The aggregate amount of Collections of Finance Charge Receivables
processed with respect to Billing Cycles ending during the preceding
Monthly Period which were allocated in respect of the Series 1996-1
Certificates...... $ 21,714,326.15
B) Deficit Controlled Amortization Amount.......... $ 0
C) Principal Receivables in the Trust and Allocation Percentages
(1) The aggregate amount of Principal Receivables in the
Trust as of the end of each Billing Cycle ending in the
preceding Monthly Period (which reflects the Principal
Receivables represented by the Seller Interest,
by the Investor Interest of Series 1996-1, and by the
Investor Interest of all other outstanding
Series)................................ $ 9,734,541,368.72
(2) The Investor Interest as of the last day of the preceding
Monthly Period
(a) Investor Interest............... $ 1,500,000,000.00
(b) Class A Investor Interest....... $ 1,282,500,000.00
(c) Class B Investor Interest..... .. $ 82,500,000.00
(d) Collateral Interest........... . $ 135,000,000.00
27
23
(3) The Investor Interest set forth in paragraph C(2)(a)
above as a percentage of the aggregate amount of
Principal Receivables set forth in paragraph
C(1) above.............................. 15.41%
(4) The Class A Investor Interest set forth in paragraph C(2)(b) above
as a percentage of the aggregate amount of Principal Receivables set
forth in paragraph C(1) above............. 13.17%
(5) The Class B Investor Interest set forth in paragraph C(2)(c) above
as a percentage of the aggregate amount of Principal Receivables set
forth in paragraph C(1) above............. 0.85%
(6) The Collateral Interest set forth in paragraph C(2)(d) above as a
percentage of the aggregate amount of Principal Receivables set
forth in paragraph C(1) above.............. 1.39%
(7) The Class A Floating Percentage......... 85.50%
(8) The Class B Floating Percentage.......... 5.50%
(9) The Class B Principal Percentage......... 5.50%
(10) The Collateral Floating Percentage....... 9.00%
(11) The Collateral Principal Percentage..... 9.00%
(12) The Floating Allocation Percentage..... 15.53%
(13) The Principal Allocation Percentage.... 15.53%
D) Portfolio Yield and Base Rate
(1) The annualized Portfolio Yield for the preceding Monthly Period
was equal to............................. 17.37%
For the 4 Monthly Period (the 2nd
preceding Monthly Period), the annualized
portfolio yield was equal to..... 17.08%
For the 3 Monthly Period (the
3rd preceding Monthly Period), the annualized
portfolio yield was equal to..... 18.59%
The three month average Portfolio Yield was
equal to......................... 17.68%
28
24
(2) Base Rate for the preceding Monthly Period was equal
to................................ 7.79%
For the 4 Monthly Period (the
2nd preceding Monthly Period), the Base Rate was
equal to......................... 7.72%
For the 3 Monthly Period (the 3rd
preceding Monthly Period), the Base Rate was
equal to......................... 7.79%
E) Delinquent Balances
The aggregate amount of outstanding balances in the Accounts which were
delinquent as of the end of the last day of the related Billing Cycle
ending in the preceding Monthly Period:
Aggregate As a Percentage
Account of Aggregate
Balance Receivables
(1) Upto 29 Days $ 1,242,397,906 12.44
(2) 30 - 59 Days $ 241,860,739 2.42
(3) 60 - 89 Days $ 129,097,006 1.29
(4) 90 or more Days $ 202,255,712 2.02
TOTAL $ 1,815,611,363 18.17
F) Investor Default Amount
(1) The aggregate amount of all defaulted Principal Receivables
written off as uncollectible with respect to Billing Cycles ending
during preceding Monthly Period allocable to the Investor Interest
less Recoveries allocable to the Investor Interest (the "Series
1996-1 Aggregate Investor Default Amount")......... $ 6,566,664.61
(2) The portion of the series 1996-1 Aggregate Investor Default
Amount allocable to the Class A Investor Interest (the "Class A
Investor Default Amount") ......................... $ 5,614,498.24
(3) The portion of the Series 1996-1 Aggregate Investor Default
Amount allocable to the Class B Investor Interest (the "Class B
Investor Default Amount") ......................... $ 361,166.55
29
25
(4) The portion of the Series 1996-1 Aggregate Investor
Default Amount allocable to the Collateral Investor
Interest (the "Collateral Investor Default
Amount") .............................. $ 590,999.82
(5) The annualized investor default percentage (Series
1996-1 Aggregate Investor Default Amount/Investor
Interest) x 12 for the preceding Monthly Period was
equal to .............................. 5.25%
For the 5 Monthly Period (the 2nd preceding Monthly Period), the
annualized investor default percentage was equal
to .................................. 4.62%
For the 5 Monthly Period (the 3rd preceding Monthly Period), the
annualized investor default percentage was equal
to .................................. 5.52%
G) Investor Charge Offs
(1) The aggregate amount of Class A Investor Charge-Offs
for the preceding Monthly Period....... $ 0.00
(2) The aggregate Class A Charge Off per $1000 Original
Certificate Principal Amount .......... $ 0.00
(3) The aggregate amount of Class A Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date................. $ 0.00
(4) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(2) above, per $1,000 original
Class A Certificate principal amount... $ 0.00
(5) The aggregate amount of Class B Investor Charge-Offs
for such Monthly Period................ $ 0.00
(6) The aggregate Class B Charge Off per $1000 Original
Certificate Principal Amount .......... $ 0.00
(7) The aggregate amount of Class B Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date................. $ 0.00
(8) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(6) above, per $1,000 original
Class B Certificate principal amount... $ 0.00
(9) The aggregate amount of Investor Charge-Offs
....................................... $ 0.00
30
26
(10) The aggregate Investor Charge Off per $1000 Original
Certificate Principal Amount .......... $ 0.00
(11) The aggregate amount of reimbursed Investor
Charge-Offs ........................... $ 0.00
(12) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(9) above, per $1,000 original
Investor principal amount.............. $ 0.00
H) Shared Excess Finance Charge Collection
The aggregate amount of shared Excess Finance Charge Collections
during the preceding Monthly Period which were allocated to the
Series 1996-1 Certificates..................... $ 0
I) Shared Principal Collections
The aggregate amount of Shared Principal Collections during the
preceding Monthly Period allocated to the Series 1996-1
Certificates................................... $ 0
J) Reallocated Principal Collections
(1) Collections of Principal Receivables allocable to Class B
Certificates paid with respect to Class A Certificates to make up
deficiencies in Class A Required Amount for any Monthly Period. $ 0
(2) Collections of Principal Receivables allocable to
Collateral Interest paid with respect to Class B
Certificates to make up deficiencies in Class B
Required Amount........................ $ 0
K) Monthly Investor Servicing Fee
(1) The amount of the Monthly Investor Servicing
Fee payable by the Trust to the Servicer for the preceding
Monthly Period......................... $ 2,687,500.00
(2) The amount of the Class A Monthly Servicing Fee
payable by the Trust for the preceding Monthly
Period................................. $ 2,297,812.50
(3) The amount of the Class B Monthly Servicing Fee payable
by the Trust to the Servicer for the preceding Monthly
Period................................. $ 147,812.50
(4) The amount of the Collateral Monthly Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period......................... $ 241,875.00
31
27
L) Collateral Interest
(1) The Available Collateral Interest, as of the close of
Transfer Date for the preceding Monthly Period was equal
to .................................... $ 135,000,000.00
M) Required Collateral Interest
(1) The Required Collateral interest as of the Transfer
Date for the preceding Monthly Period was equal
to .................................... $ 135,000,000.00
III. THE POOL FACTOR
A) The Pool Factor for the Record Date for the distribution to be
made on the Distribution date (which represents the ratio of
the amount of the Investor Interest as of such Record Date
(determined after taking into account any reduction in the
Investor Interest which will occur on the Distribution Date)
to the Initial Investor Interest). The amount of a
Certificateholder's pro rata share of the Investor Interest can
be determined by multiplying the original denomination of the
Certificateholder's Certificate by the Pool Factor ........ 1.00
THE CHASE MANHATTAN BANK (USA)
Servicer
By: /s/ Patricia Garvey
----------------------------
Name: Patricia Garvey
Title: Second Vice President
32
28
FORM OF MONTHLY CERTIFICATEHOLDERS' STATEMENT
THE CHASE MANHATTAN BANK (USA)
Chase Manhattan Credit Card Master Trust Series 1996-2
For the July 15, 1996 Distribution Date
For Monthly Period 2
Under Section 5.02 of the Pooling and Servicing Agreement dated as of June
1, 1991 and the Series 1996-2 Supplement dated as of May 1, 1996 (together, the
"Agreement") by and between The Chase Manhattan Bank (USA) ("Chase") and Yasuda
Bank and Trust Company (U.S.A.), as trustee (the
"Trustee"), Chase, as Servicer, is required to prepare certain information each
month regarding current distributions to Series 1996-2 Certificateholders and
the performance of the Chase Manhattan Credit Card Master Trust (the "Trust")
and the Series 1996-2 Class A Certificates and Series 1996-2 Class B
Certificates during the previous month. The information which is required to be
prepared with respect to the July 15, 1996 Distribution Date (the "Distribution
Date") and with respect to the performance of the Trust during the month Jun,
1996,(the "Preceding Monthly Period") is set forth below. Certain of the
information is presented on the basis of an original principal amount of $1,000
per Series 1996-2 Investor Certificate (a "Certificate"). Certain other
information is presented based on the aggregate amounts for the Trust as a
whole. Capitalized terms used in this Certificate have their respective
meanings set forth in the Agreement.
I. INFORMATION REGARDING THE CURRENT MONTHLY DISTRIBUTION TO THE CLASS A
AND CLASS B CERTIFICATEHOLDERS (STATED ON THE BASIS OF $1,000 ORIGINAL
CERTIFICATE PRINCIPAL AMOUNT)
A) The total amount of the distribution to Series 1996-2
Certificateholders on July 15, 1996, per $1,000 original
certificate principal amount
(1) Class A Certificateholders.............. 0.000000
(2) Class B Certificateholders.............. 0.000000
B) The amount of the distribution set forth in paragraph 1 above
in respect of principal of the 1996-2 Certificates, per $1,000
original certificate principal amount
(1) Class A Certificateholders.............. 0.000000
(2) Class B Certificateholders.............. 0.000000
C) The amount of the distribution set forth in paragraph 1 above
in respect of interest on the 1996-2 Certificates, per $1,000
original certificate principal amount
(1) Class A Certificates.................... 0.000000
(2) Class B Certificates.................... 0.000000
33
29
II. INFORMATION REGARDING THE PERFORMANCE OF THE TRUST
A) Collections
(1) The aggregate amount of Collections processed with respect
to Billing Cycles ending during the preceding Monthly
Period and allocated to the Series 1996-2 Certificates
was equal to............................ $ 35,968,973.88
(2) The Payment Rate with respect to the preceding Monthly Period
was equal to............................ 11.70%
For 1 Monthly Period (the 2nd
preceding Monthly Period), the monthly payment rate was
equal to................................ 12.01%
For the 0 Monthly Period (the 3rd
preceding Monthly Period), the monthly payment
rate was equal to....................... 0.00%
(3) The aggregate amount of Collections of Principal Receivables
processed with respect to Billing Cycles ending during the
preceding Monthly Period which were allocated in respect of
the Series 1996-2 Certificates ......... $ 31,673,832.44
(4) The aggregate amount of Collections of Finance Charge
Receivables processed with respect to Billing Cycles ending
during the preceding Monthly Period which were allocated in
respect of the Series 1996-2 Certificates..... $ 4,295,141.44
B) Deficit Controlled Amortization Amount................. $ 0
C) Principal Receivables in the Trust and Allocation Percentages
(1) The aggregate amount of Principal Receivables in the
Trust as of the end of each Billing Cycle ending in the
preceding Monthly Period (which reflects the Principal
Receivables represented by the Seller Interest,
by the Investor Interest of Series 1996-2, and by the
Investor Interest of all other outstanding
Series) .............................. $ 9,734,541,368.72
34
30
(2) The Investor Interest as of the last day of the preceding
Monthly Period
(a) Investor Interest................... $296,703,296.70
(b) Class A Investor Interest........... $253,681,000.00
(c) Class B Investor Interest......... .. $ 16,318,000.00
(d) Collateral Interest................ . $ 26,704,296.70
(3) The Investor Interest set forth in paragraph C(2)(a)
above as a percentage of the aggregate amount of
Principal Receivables set forth in paragraph
C(1) above.............................. 3.05%
(4) The Class A Investor Interest set forth in paragraph
C(2)(b) above as a percentage of the aggregate amount
of Principal Receivables set forth in paragraph C(1)
above .................................... 2.61%
(5) The Class B Investor Interest set forth in paragraph
C(2)(c) above as a percentage of the aggregate amount
of Principal Receivables set forth in paragraph C(1)
above ................................... 0.17%
(6) The Collateral Interest set forth in paragraph C(2)(d)
above as a percentage of the aggregate amount of
Principal Receivables set forth in paragraph C(1)
above .................................. 0.27%
(7) The Class A Floating Percentage.......... 85.50%
(8) The Class B Floating Percentage........... 5.50%
(9) The Class B Principal Percentage.......... 5.50%
(10) The Collateral Floating Percentage...... . 9.00%
(11) The Collateral Principal Percentage..... . 9.00%
(12) The Floating Allocation Percentage....... 3.07%
(13) The Principal Allocation Percentage..... . 3.07%
D) Portfolio Yield and Base Rate
(1) The annualized Portfolio Yield for the preceding Monthly Period
was equal to............................... 17.37%
For the 1 Monthly Period (the 2nd
preceding Monthly Period), the annualized
portfolio yield was equal to............... 17.08%
35
31
For the 0 Monthly Period (the
3rd preceding Monthly Period), the annualized
portfolio yield was equal to............... 0.00%
The three month average Portfolio Yield was
equal to................................... 17.23%
(2) Base Rate for the preceding Monthly Period was equal to
........................................... 7.76%
For the 1 Monthly Period (the
2nd preceding Monthly Period), the Base Rate was
equal to................................... 7.76%
For the 0 Monthly Period (the 3rd
preceding Monthly Period), the Base Rate was
equal to................................... 0.00%
E) Delinquent Balances
The aggregate amount of outstanding balances in the Accounts which were
delinquent as of the end of the last day of the related Billing Cycle
which ended during the current Monthly Period by:
Aggregate As a Percentage
Account of Aggregate
Balance Receivables
(1) Upto 29 Days $1,242,397,906 12.44
(2) 30 - 59 Days $ 241,860,739 2.42
(3) 60 - 89 Days $ 129,097,006 1.29
(4) 90 or more Days $ 202,255,712 2.02
TOTAL $1,815,611,363 18.17
F) Investor Default Amount
(1) The aggregate amount of all defaulted Principal
Receivables written off as uncollectible with respect
to Billing Cycles ending during preceding Monthly Period
allocable to the Investor Interest less Recoveries
allocable to the Investor Interest (the "Series
1996-2 Aggregate Investor Default Amount")
........................................... $ 1,298,900.69
(2) The portion of the series 1996-2 Aggregate Investor
Default Amount allocable to the Class A Investor
Interest (the "Class A Investor Default Amount")
.......................................... $ 1,110,558.69
36
32
(3) The portion of the Series 1996-2 Aggregate Investor
Default Amount allocable to the Class B Investor
Interest (the "Class B Investor Default
Amount").................................. $ 71,436.56
(4) The portion of the Series 1996-2 Aggregate Investor
Default Amount allocable to the Collateral Investor
Interest (the "Collateral Investor Default
Amount").................................. $ 116,905.44
(5) The annualized investor default percentage ((Series
1996-2 Aggregate Investor Default Amount/Investor
Interest) x 12) for the preceding Monthly Period was
equal to ................................. 5.25%
For the 2 Monthly Period (the 2nd
preceding Monthly Period), the annualized investor
default percentage was equal to ........... 4.62%
For the 2 Monthly Period (the 3rd
preceding Monthly Period), the annualized investor
default percentage was equal to ........... 0.00%
G) Investor Charge Offs
(1) The aggregate amount of Class A Investor Charge-Offs
for the preceding Monthly Period.......... $ 0.00
(2) The aggregate Class A Charge-Offs per $1000 Original
Certificate Principal Amount ............. $ 0.00
(3) The aggregate amount of Class A Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date.................... $ 0.00
(4) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(2) above, per $1,000 original
Class A Certificate principal amount....... $ 0.00
(5) The aggregate amount of Class B Investor Charge-Offs
for such Monthly Period................... $ 0.00
(6) The aggregate Class B Charge Off per $1000 Original
Certificate Principal Amount ............. $ 0.00
(7) The aggregate amount of Class B Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date.................... $ 0.00
(8) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(7) above, per $1,000 original
Class B Certificate principal amount....... $ 0.00
37
33
(9) The aggregate amount of Investor
Charge-Offs............................... $ 0.00
(10) The aggregate Investor Charge Off per $1000 Original
Certificate Principal Amount ............. $ 0.00
(11) The aggregate amount of reimbursed Investor
Charge-Offs............................... $ 0.00
(12) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(11) above, per $1,000 original
Investor principal amount.................. $ 0.00
H) Shared Excess Finance Charge Collection
The aggregate amount of shared Excess Finance Charge Collections
during the preceding Monthly Period which were allocated to the
Series 1996-2 Certificates........................ $ 0
I) Shared Principal Collections
The aggregate amount of Shared Principal Collections during the
preceding Monthly Period which were allocated to the Series
1996-2 Certificates............................... $ 0
J) Reallocated Principal Collections
(1) Collections of Principal Receivables allocable to Class
B Certificates paid with respect to Class A
Certificates to make up deficiencies in Class A
Required Amount for any Monthly Period..... $ 0
(2) Collections of Principal Receivables allocable to
Collateral Interest paid with respect to Class B
Certificates to make up deficiencies in Class B
Required Amount............................ $ 0
K) Monthly Investor Servicing Fee
(1) The amount of the Monthly Investor Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period............................ $ 531,593.41
(2) The amount of the Class A Monthly Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period............................ $ 454,511.79
(3) The amount of the Class B Monthly Servicing Fee payable
by the Trust to the Servicer for the preceding Monthly
Period.................................... $ 29,236.42
38
34
(4) The amount of the Collateral Monthly Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period............................ $ 47,845.20
L) Collateral Interest
(1) The Available Collateral Interest, as of the close of
Transfer Date for the preceding Monthly Period was equal
to........................................ $ 26,704,296.70
M) Required Collateral Interest
(1) The Required Collateral Interest as of the Transfer
Date for the preceding Monthly Period was equal
to........................................ $ 26,704,296.70
III. THE POOL FACTOR
A) The Pool Factor for the Record Date for the distribution to be
made on the Distribution date (which represents the ratio of
the amount of the Investor Interest as of such Record Date
(determined after taking into account any reduction in the
Investor Interest which will occur on the Distribution Date)
to the Initial Investor Interest). The amount of a
Certificateholder's pro rata share of the Investor Interest can
be determined by multiplying the original denomination of the
Certificateholder's Certificate by the Pool Factor.......1.00
THE CHASE MANHATTAN BANK (USA)
Servicer
By: /s/ Patricia Garvey
------------------------
Name: Patricia Garvey
Title: Second Vice President
39
35
FORM OF MONTHLY CERTIFICATEHOLDERS' STATEMENT
THE CHASE MANHATTAN BANK (USA)
Chase Manhattan Credit Card Master Trust Series 1996-3
For the July 15, 1996 Distribution Date
For Monthly Period 1
Under Section 5.02 of the Pooling and Servicing Agreement dated as of June
1, 1991 and the Series 1996-3 Supplement dated as of June 1, 1996 (together, the
"Agreement") by and between The Chase Manhattan Bank (USA) ("Chase") and Yasuda
Bank and Trust Company (U.S.A.), as trustee (the
"Trustee"), Chase, as Servicer, is required to prepare certain information each
month regarding current distributions to Series 1996-3 Certificateholders and
the performance of the Chase Manhattan Credit Card Master Trust (the "Trust")
and the Series 1996-3 Class A Certificates and Series 1996-3 Class B
Certificates during the previous month. The information which is required to be
prepared with respect to the July 15, 1996 Distribution Date (the "Distribution
Date") and with respect to the performance of the Trust during the month Jun,
1996,(the "Preceding Monthly Period") is set forth below. Certain of the
information is presented on the basis of an original principal amount of $1,000
per Series 1996-3 Investor Certificate (a "Certificate"). Certain other
information is presented based on the aggregate amounts for the Trust as a
whole. Capitalized terms used in this Certificate have their respective
meanings set forth in the Agreement.
I. INFORMATION REGARDING THE CURRENT MONTHLY DISTRIBUTION TO THE CLASS A
AND CLASS B CERTIFICATEHOLDERS (STATED ON THE BASIS OF $1,000 ORIGINAL
CERTIFICATE PRINCIPAL AMOUNT)
A) The total amount of the distribution to Series 1996-3
Certificateholders on July 15, 1996, per $1,000 original
certificate principal amount
(1) Class A Certificateholders.............. 5.084444
(2) Class B Certificateholders.............. 5.207222
B) The amount of the distribution set forth in paragraph 1 above
in respect of principal of the 1996-3 Certificates, per $1,000
original certificate principal amount
(1) Class A Certificateholders.............. 0.000000
(2) Class B Certificateholders.............. 0.000000
40
36
C) The amount of the distribution set forth in paragraph 1 above
in respect of interest on the 1996-3 Certificates, per $1,000
original certificate principal amount
(1) Class A Certificates.................... 5.084444
(2) Class B Certificates.................... 5.207222
II. INFORMATION REGARDING THE PERFORMANCE OF THE TRUST
A) Collections
(1) The aggregate amount of Collections processed with respect
to Billing Cycles ending during the preceding Monthly
Period and allocated to the Series 1996-3 Certificates
was equal to............................ $ 129,656,561.43
(2) The Payment Rate with respect to the preceding Monthly Period
was equal to............................ 11.70%
For 0 Monthly Period (the 2nd
preceding Monthly Period), the monthly payment rate was
equal to................................ 0.00%
For the -1 Monthly Period (the 3rd
preceding Monthly Period), the monthly payment
rate was equal to....................... 0.00%
(3) The aggregate amount of Collections of Principal Receivables
processed with respect to Billing Cycles ending during the
preceding Monthly Period which were allocated in respect of
the Series 1996-3 Certificates ......... $ 114,173,960.46
(4) The aggregate amount of Collections of Finance Charge
Receivables processed with respect to Billing Cycles ending
during the preceding Monthly Period which were allocated in
respect of the
Series 1996-3 Certificates.............. $ 15,482,600.97
B) Deficit Controlled Amortization Amount................. $ 0
C) Principal Receivables in the Trust and Allocation Percentages
(1) The aggregate amount of Principal Receivables in the
Trust as of the end of each Billing Cycle ending in the
preceding Monthly Period (which reflects the Principal
Receivables represented by the Seller Interest,
by the Investor Interest of Series 1996-3, and by the
Investor Interest of all other outstanding Series)
........................................ $ 9,734,541,368.72
41
37
(2) The Investor Interest as of the last day of the preceding
Monthly Period
(a) Investor Interest................... $1,069,519,786.10
(b) Class A Investor Interest........... $ 957,220,000.00
(c) Class B Investor Interest........... $ 42,780,000.00
(d) Collateral Interest................. $ 69,519,786.10
(3) The Investor Interest set forth in paragraph C(2)(a)
above as a percentage of the aggregate amount of
Principal Receivables set forth in paragraph
C(1) above.............................. 10.99%
(4) The Class A Investor Interest set forth in paragraph
C(2)(b) above as a percentage of the aggregate amount
of Principal Receivables set forth in paragraph C(1)
above .................................... 9.83%
(5) The Class B Investor Interest set forth in paragraph
C(2)(c) above as a percentage of the aggregate amount
of Principal Receivables set forth in paragraph C(1)
above ................................... 0.44%
(6) The Collateral Interest set forth in paragraph C(2)(d)
above as a percentage of the aggregate amount of
Principal Receivables set forth in paragraph C(1)
above ................... ............... 0.71%
(7) The Class A Floating Percentage........... 89.50%
(8) The Class B Floating Percentage........... 4.00%
(9) The Class B Principal Percentage.......... 4.00%
(10) The Collateral Floating Percentage........ 6.50%
(11) The Collateral Principal Percentage....... 6.50%
(12) The Floating Allocation Percentage........ 11.07%
(13) The Principal Allocation Percentage....... 11.07%
D) Portfolio Yield and Base Rate
(1) The annualized Portfolio Yield for the preceding Monthly Period
was equal to............................... 17.37%
For the 0 Monthly Period (the 2nd
preceding Monthly Period), the annualized
portfolio yield was equal to............... 0.00%
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38
For the -1 Monthly Period (the 3rd preceding Monthly
Period), the annualized portfolio yield was
equal to................................... 0.00%
The three month average Portfolio Yield was
equal to................................... 17.37%
(2) Base Rate for the preceding Monthly Period was equal to
........................................... 9.13%
For the 0 Monthly Period (the
2nd preceding Monthly Period), the Base Rate was
equal to................................... 0.00%
For the -1 Monthly Period (the 3rd
preceding Monthly Period), the Base Rate was
equal to................................... 0.00%
E) Delinquent Balances
The aggregate amount of outstanding balances in the Accounts which were
delinquent as of the end of the last day of the related Billing Cycle
which ended during the current Monthly
Period by:
Aggregate As a Percentage
Account of Aggregate
Balance Receivables
(1) Upto 29 Days $1,242,397,906 12.44
(2) 30 - 59 Days $ 241,860,739 2.42
(3) 60 - 89 Days $ 129,097,006 1.29
(4) 90 or more Days $ 202,255,712 2.02
TOTAL $1,815,611,363 18.17
F) Investor Default Amount
(1) The aggregate amount of all defaulted Principal
Receivables written off as uncollectible with respect
to Billing Cycles ending during preceding Monthly Period
allocable to the Investor Interest less Recoveries
allocable to the Investor Interest (the "Series
1996-3 Aggregate Investor Default Amount")
........................................... $ 4,682,118.49
(2) The portion of the series 1996-3 Aggregate Investor
Default Amount allocable to the Class A Investor
Interest (the "Class A Investor Default Amount")
.......................................... $ 4,190,495.14
43
39
(3) The portion of the Series 1996-3 Aggregate Investor
Default Amount allocable to the Class B Investor
Interest (the "Class B Investor Default Amount")
.......................................... $ 187,281.27
(4) The portion of the Series 1996-3 Aggregate Investor
Default Amount allocable to the Collateral Investor
Interest (the "Collateral Investor Default Amount")
.......................................... $ 304,342.08
(5) The annualized investor default percentage ((Series
1996-3 Aggregate Investor Default Amount/Investor
Interest) x 12) for the preceding Monthly Period was
equal to ................................. 5.25%
For the 1 Monthly Period (the 2nd
preceding Monthly Period), the annualized investor
default percentage was equal to ........... 0.00%
For the 1 Monthly Period (the 3rd
preceding Monthly Period), the annualized investor
default percentage was equal to ........... 0.00%
G) Investor Charge Offs
(1) The aggregate amount of Class A Investor Charge-Offs
for the preceding Monthly Period.......... $ 0.00
(2) The aggregate Class A Charge-Offs per $1000 Original
Certificate Principal Amount ............. $ 0.00
(3) The aggregate amount of Class A Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date.................... $ 0.00
(4) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(2) above, per $1,000 original
Class A Certificate principal amount....... $ 0.00
(5) The aggregate amount of Class B Investor Charge-Offs
for such Monthly Period................... $ 0.00
(6) The aggregate Class B Charge Off per $1000 Original
Certificate Principal Amount ............. $ 0.00
(7) The aggregate amount of Class B Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date.................... $ 0.00
(8) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(7) above, per $1,000 original
Class B Certificate principal amount....... $ 0.00
44
40
(9) The aggregate amount of Investor
Charge-Offs............................... $ 0.00
(10) The aggregate Investor Charge Off per $1000 Original
Certificate Principal Amount ............. $ 0.00
(11) The aggregate amount of reimbursed Investor
Charge-Offs................................ $ 0.00
(12) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(11) above, per $1,000 original
Investor principal amount.................. $ 0.00
H) Shared Excess Finance Charge Collection
The aggregate amount of shared Excess Finance Charge Collections
during the preceding Monthly Period which were allocated to the
Series 1996-3 Certificates........................ $ 0
I) Shared Principal Collections
The aggregate amount of Shared Principal Collections during the
preceding Monthly Period which were allocated to the Series
1996-3 Certificates............................... $ 0
J) Reallocated Principal Collections
(1) Collections of Principal Receivables allocable to Class
B Certificates paid with respect to Class A
Certificates to make up deficiencies in Class A
Required Amount for any Monthly Period..... $ 0
(2) Collections of Principal Receivables allocable to
Collateral Interest paid with respect to Class B
Certificates to make up deficiencies in Class B
Required Amount............................ $ 0
K) Monthly Investor Servicing Fee
(1) The amount of the Monthly Investor Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period............................ $ 1,916,222.95
(2) The amount of the Class A Monthly Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period............................ $ 1,715,019.17
45
41
(3) The amount of the Class B Monthly Servicing Fee payable
by the Trust to the Servicer for the preceding Monthly
Period.................................... $ 76,647.50
(4) The amount of the Collateral Monthly Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period............................ $ 124,556.28
L) Collateral Interest
(1) The Available Collateral Interest, as of the close of Transfer
Date for the preceding Monthly Period was equal to
.......................................... $ 69,519,786.10
M) Required Collateral Interest
(1) The Required Collateral Interest as of the Transfer
Date for the preceding Monthly Period was equal to
.......................................... $ 69,519,786.10
III. THE POOL FACTOR
A) The Pool Factor for the Record Date for the distribution to be
made on the Distribution date (which represents the ratio of
the amount of the Investor Interest as of such Record Date
(determined after taking into account any reduction in the
Investor Interest which will occur on the Distribution Date)
to the Initial Investor Interest). The amount of a
Certificateholder's pro rata share of the Investor Interest can
be determined by multiplying the original denomination of the
Certificateholder's Certificate by the Pool Factor.......1.00
THE CHASE MANHATTAN BANK (USA)
Servicer
By: /s/ Patricia Garvey
-----------------------
Name: Patricia Garvey
Title: Second Vice President
46
42
THE CHASE MANHATTAN BANK (USA)
Chase Manhattan Credit Card Master Trust Series 1996-4
For the July 15, 1996 Distribution Date
For Monthly Period 1
Under Section 5.02 of the Pooling and Servicing Agreement dated as of June 1,
1991 and the Series 1996-4 Supplement dated as of June 1, 1996 (together, the
"Agreement") by and between The Chase Manhattan Bank (USA) ("Chase") and Yasuda
Bank and Trust Company (U.S.A.), as trustee (the "Trustee"), Chase, as Servicer,
is required to prepare certain information each month regarding current
distributions to Series 1996-4 Certificateholders and the performance of the
Chase Manhattan Credit Card Master Trust (the "Trust") and the Series 1996-4
Class A Certificates and Series 1996-4 Class B Certificates during the previous
month. The information which is required to be prepared with respect to the July
15, 1996 Distribution Date (the "Distribution Date") and with respect to the
performance of the Trust during the month Jun, 1996,(the "Preceding Monthly
Period") is set forth below. Certain of the information is presented on the
basis of an original principal amount of $1,000 per Series 1996-4 Investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Agreement.
I. INFORMATION REGARDING THE CURRENT MONTHLY DISTRIBUTION TO THE CLASS A
AND CLASS B CERTIFICATEHOLDERS (STATED ON THE BASIS OF $1,000 ORIGINAL
CERTIFICATE PRINCIPAL AMOUNT)
A) The total amount of the distribution to Series 1996-4
Certificateholders on July 15, 1996, per $1,000 original
certificate principal amount
(1) Class A Certificateholders.............. 4.860556
(2) Class B Certificateholders.............. 4.976111
B) The amount of the distribution set forth in paragraph 1 above
in respect of principal of the 1996-4 Certificates, per $1,000
original certificate principal amount
(1) Class A Certificateholders.............. 0.000000
(2) Class B Certificateholders.............. 0.000000
C) The amount of the distribution set forth in paragraph 1 above
in respect of interest on the 1996-4 Certificates, per $1,000
original certificate principal amount
(1) Class A Certificates.................... 4.860556
(2) Class B Certificates.................... 4.976111
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43
II. INFORMATION REGARDING THE PERFORMANCE OF THE TRUST
A) Collections
(1) The aggregate amount of Collections processed with respect
to Billing Cycles ending during the preceding Monthly
Period and allocated to the Series 1996-4 Certificates
was equal to............................ $ 129,656,561.43
(2) The Payment Rate with respect to the preceding Monthly Period
was equal to............................ 11.70%
For 0 Monthly Period (the 2nd
preceding Monthly Period), the monthly payment rate was
equal to................................ 0.00%
For the -1 Monthly Period (the 3rd
preceding Monthly Period), the monthly payment
rate was equal to....................... 0.00%
(3) The aggregate amount of Collections of Principal Receivables
processed with respect to Billing Cycles ending during the
preceding Monthly Period which were allocated in respect of
the Series 1996-4 Certificates ......... $ 114,173,960.46
(4) The aggregate amount of Collections of Finance Charge
Receivables processed with respect to Billing Cycles ending
during the preceding Monthly Period which were allocated in
respect of the
Series 1996-4 Certificates.............. $ 15,482,600.97
B) Deficit Controlled Amortization Amount................. $ 0
C) Principal Receivables in the Trust and Allocation Percentages
(1) The aggregate amount of Principal Receivables in the
Trust as of the end of each Billing Cycle ending in the
preceding Monthly Period (which reflects the Principal
Receivables represented by the Seller Interest,
by the Investor Interest of Series 1996-4, and by the
Investor Interest of all other outstanding
Series)................................. $ 9,734,541,368.72
(2) The Investor Interest as of the last day of the preceding
Monthly Period
(a) Investor Interest................... $1,069,519,786.10
(b) Class A Investor Interest........... $ 957,220,000.00
(c) Class B Investor Interest........... $ 42,780,000.00
(d) Collateral Interest................. $ 69,519,786.10
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44
(3) The Investor Interest set forth in paragraph C(2)(a)
above as a percentage of the aggregate amount of
Principal Receivables set forth in paragraph
C(1) above.............................. 10.99%
(4) The Class A Investor Interest set forth in paragraph
C(2)(b) above as a percentage of the aggregate amount
of Principal Receivables set forth in paragraph C(1)
above .................................... 9.83%
(5) The Class B Investor Interest set forth in paragraph
C(2)(c) above as a percentage of the aggregate amount
of Principal Receivables set forth in paragraph C(1)
above ................................... 0.44%
(6) The Collateral Interest set forth in paragraph C(2)(d)
above as a percentage of the aggregate amount of
Principal Receivables set forth in paragraph C(1)
above .................................. 0.71%
(7) The Class A Floating Percentage.......... 89.50%
(8) The Class B Floating Percentage........... 4.00%
(9) The Class B Principal Percentage.......... 4.00%
(10) The Collateral Floating Percentage....... 6.50%
(11) The Collateral Principal Percentage...... 6.50%
(12) The Floating Allocation Percentage...... 11.07%
(13) The Principal Allocation Percentage..... 11.07%
D) Portfolio Yield and Base Rate
(1) The annualized Portfolio Yield for the preceding Monthly Period
was equal to............................... 17.37%
For the 0 Monthly Period (the 2nd
preceding Monthly Period), the annualized
portfolio yield was equal to............... 0.00%
For the -1 Monthly Period (the
3rd preceding Monthly Period), the annualized
portfolio yield was equal to............... 0.00%
The three month average Portfolio Yield was
equal to................................... 17.37%
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45
(2) Base Rate for the preceding Monthly Period was
equal to................................... 8.83%
For the 0 Monthly Period (the
2nd preceding Monthly Period), the Base Rate was
equal to................................... 0.00%
For the -1 Monthly Period (the 3rd
preceding Monthly Period), the Base Rate was
equal to................................... 0.00%
E) Delinquent Balances
The aggregate amount of outstanding balances in the Accounts which were
delinquent as of the end of the last day of the related Billing Cycle
which ended during the current Monthly Period by:
Aggregate As a Percentage
Account of Aggregate
Balance Receivables
(1) Upto 29 Days $1,242,397,906 12.44
(2) 30 - 59 Days $ 241,860,739 2.42
(3) 60 - 89 Days $ 129,097,006 1.29
(4) 90 or more Days $ 202,255,712 2.02
TOTAL $1,815,611,363 18.17
F) Investor Default Amount
(1) The aggregate amount of all defaulted Principal
Receivables written off as uncollectible with respect
to Billing Cycles ending during preceding Monthly Period
allocable to the Investor Interest less Recoveries
allocable to the Investor Interest (the "Series
1996-4 Aggregate Investor Default Amount")
........................................... $ 4,682,118.49
(2) The portion of the series 1996-4 Aggregate Investor
Default Amount allocable to the Class A Investor
Interest (the "Class A Investor Default Amount")
.......................................... $ 4,190,495.14
(3) The portion of the Series 1996-4 Aggregate Investor
Default Amount allocable to the Class B Investor
Interest (the "Class B Investor Default Amount")
.......................................... $ 187,281.27
50
46
(4) The portion of the Series 1996-4 Aggregate Investor
Default Amount allocable to the Collateral Investor
Interest (the "Collateral Investor Default Amount")
.......................................... $ 304,342.08
(5) The annualized investor default percentage ((Series
1996-4 Aggregate Investor Default Amount/Investor
Interest) x 12) for the preceding Monthly Period was
equal to ................................. 5.25%
For the 1 Monthly Period (the 2nd
preceding Monthly Period), the annualized investor
default percentage was equal to ........... 0.00%
For the 1 Monthly Period (the 3rd
preceding Monthly Period), the annualized investor
default percentage was equal to ........... 0.00%
G) Investor Charge Offs
(1) The aggregate amount of Class A Investor Charge-Offs
for the preceding Monthly Period.......... $ 0.00
(2) The aggregate Class A Charge-Offs per $1000 Original
Certificate Principal Amount ............. $ 0.00
(3) The aggregate amount of Class A Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date.................... $ 0.00
(4) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(2) above, per $1,000 original
Class A Certificate principal amount....... $ 0.00
(5) The aggregate amount of Class B Investor Charge-Offs
for such Monthly Period................... $ 0.00
(6) The aggregate Class B Charge Off per $1000 Original
Certificate Principal Amount ............. $ 0.00
(7) The aggregate amount of Class B Investor Charge-Offs
reimbursed on the Transfer Date immediately preceding
such Distribution Date.................... $ 0.00
(8) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(7) above, per $1,000 original
Class B Certificate principal amount....... $ 0.00
(9) The aggregate amount of Investor
Charge-Offs................................ $ 0.00
(10) The aggregate Investor Charge Off per $1000 Original
Certificate Principal Amount .............. $ 0.00
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47
(11) The aggregate amount of reimbursed Investor
Charge-Offs................................ $ 0.00
(12) The amount of the reimbursed Investor Charge-Offs set
forth in paragraph G(11) above, per $1,000 original
Investor principal amount.................. $ 0.00
H) Shared Excess Finance Charge Collection
The aggregate amount of shared Excess Finance Charge Collections
during the preceding Monthly Period which were allocated to the
Series 1996-4 Certificates........................ $ 0
I) Shared Principal Collections
The aggregate amount of Shared Principal Collections during the
preceding Monthly Period which were allocated to the Series
1996-4 Certificates............................... $ 0
J) Reallocated Principal Collections
(1) Collections of Principal Receivables allocable to Class
B Certificates paid with respect to Class A
Certificates to make up deficiencies in Class A
Required Amount for any Monthly Period..... $ 0
(2) Collections of Principal Receivables allocable to
Collateral Interest paid with respect to Class B
Certificates to make up deficiencies in Class B
Required Amount............................ $ 0
K) Monthly Investor Servicing Fee
(1) The amount of the Monthly Investor Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period............................ $ 1,916,222.95
(2) The amount of the Class A Monthly Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period............................ $ 1,715,019.17
(3) The amount of the Class B Monthly Servicing Fee payable
by the Trust to the Servicer for the preceding Monthly
Period.................................... $ 76,647.50
(4) The amount of the Collateral Monthly Servicing Fee
payable by the Trust to the Servicer for the preceding
Monthly Period............................ $ 124,556.28
52
48
L) Collateral Interest
(1) The Available Collateral Interest, as of the close of
Transfer Date for the preceding Monthly Period was equal
to........................................ $ 69,519,786.10
M) Required Collateral Interest
(1) The Required Collateral Interest as of the Transfer
Date for the preceding Monthly Period was equal
to........................................ $ 69,519,786.10
III. THE POOL FACTOR
A) The Pool Factor for the Record Date for the distribution to be
made on the Distribution date (which represents the ratio of
the amount of the Investor Interest as of such Record Date
(determined after taking into account any reduction in the
Investor Interest which will occur on the Distribution Date)
to the Initial Investor Interest). The amount of a
Certificateholder's pro rata share of the Investor Interest can
be determined by multiplying the original denomination of the
Certificateholder's Certificate by the Pool Factor.......1.00
THE CHASE MANHATTAN BANK (USA)
Servicer
By: /s/ Patricia Garvey
---------------------
Name: Patricia Garvey
Title: Second Vice President
53