-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MmnSb0oS8CwkPn6oZmRnzEVKiYIJoayU9dZZMaSiylhNtU23l+42nD9pNtRaOZLl sq3iRtSdJwGwHzLzkgixtg== 0000835271-99-000123.txt : 19990317 0000835271-99-000123.hdr.sgml : 19990317 ACCESSION NUMBER: 0000835271-99-000123 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990215 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990316 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE MANHATTAN AUTO OWNER TRUST 1998-B CENTRAL INDEX KEY: 0001057445 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-19191-01 FILM NUMBER: 99566417 BUSINESS ADDRESS: STREET 1: 802 DELAWARE AVENUE CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 3025755033 MAIL ADDRESS: STREET 1: 802 DELAWARE AVENUE CITY: WILMINGTON STATE: DE ZIP: 19801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE MANHATTAN BANK USA CENTRAL INDEX KEY: 0000869090 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 222382028 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-19191 FILM NUMBER: 99566418 BUSINESS ADDRESS: STREET 1: 802 DELAWARE AVE STREET 2: 13TH FLOOR CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 3025755033 MAIL ADDRESS: STREET 1: 802 DELAWARE AVE 13TH FL STREET 2: 802 DELAWARE AVE 13TH FL CITY: WILMINGTON STATE: DE ZIP: 19801 8-K 1 FORM 8-K AS OF 2/15/99 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 15, 1999 ----------------------------------- CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION -------------------------------------------------------------- (Originator of the Trust referred to herein) (Exact name of registrant as specified in its charter) CHASE MANHATTAN AUTO OWNER TRUST 1998-B -------------------------------------------- (Issuer with respect to Certificates) Delaware 333-7575 13-2633612 --------------- ----------------- ------------------ (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 802 Delaware Avenue, Wilmington, Delaware 19801 ------------------------------------------- ---------- (Address of principal executive offices) (Zip code) (302) 575-5033 --------------------------------------------------- (Registrant's telephone number, including area code) Item 5. Other Events On 2/15/99 Chase Manhattan Auto Owner Trust 1998-B (the "Trust") made distributions to Certificateholders contemplated by the Sale and Servicing Agreement, dated as of February 1, 1998, (the "Sale & Servicing Agreement"), between the Registrant, as Seller and Servicer, and the Trust, as Issuer. A copy of the Certificateholder Report for such Distribution Date delivered pursuant to section 5.8 of the Sale and Servicing Agreement is being filed as Exhibit 20.1 to this Current Report on Form 8-K. Item 7 (c). Exhibits -------- Exhibit Description ------- ----------- 20.1 Monthly Certificateholder's statement with respect to the February 15, 1999 distribution. SIGNATURES ---------- Pursuant to the requirements of the Securities Exchange Act of 1934, the Bank has caused this report to be signed on its behalf by the undersigned thereunto duly authorized. CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION /s/ Patricia Garvey ----------------------------- By: Patricia Garvey Title: Vice President Date: March 16, 1999 INDEX TO EXHIBITS ----------------- Exhibit Description ------- ----------- 20.1 Certificateholder Reports dated 3/10/1999 delivered pursuant to Section 5.8 of the Sale and Servicing Agreement dated as of February 1, 1998. EX-20.1 2 MONTHLY REPORT FOR MONTH ENDED 1/31/99 - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== PERIOD 10 PAGE # 1 DETERMINATION: 10-Feb-99 Beginning 1/1/99 DISTRIBUTION: 16-Feb-99 Ending 1/31/99 TIME: 3/10/99 17:24 CLASS A-1 5.578% MONEY MARKET ASSET BACKED NOTES CLASS A-2 5.729% ASSET BACKED NOTES CLASS A-3 5.750% ASSET BACKED NOTES CLASS A-4 5.800% ASSET BACKED NOTES CLASS B-1 6.050% ASSET BACKED CERTIFICATES ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE - ------------------------------------------------------------------------------------------------------------------------------------ A-1 Notes $250,000,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 A-2 Notes $200,000,000.00 $171,270,934.90 $26,421,446.62 $817,675.99 $27,239,122.61 $144,849,488.28 A-3 Notes $321,000,000.00 $321,000,000.00 $0.00 $1,538,125.00 $1,538,125.00 $321,000,000.00 A-4 Notes $282,800,000.00 $282,800,000.00 $0.00 $1,366,866.67 $1,366,866.67 $282,800,000.00 - ------------------------------------------------------------------------------------------------------------------------------------ NOTE TOTALS $1,053,800,000.00 $775,070,934.90 $26,421,446.62 $3,722,667.66 $30,144,114.28 $748,649,488.28 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ B-1 $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ CERTIFICATE TOTALS $32,604,142.65 $32,604,142.65 $0.00 $164,379.22 $164,379.22 $32,604,142.65 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS $1,086,404,142.65 $807,675,077.55 $26,421,446.62 $3,887,046.88 $30,308,493.50 $781,253,630.93 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PRINCIPAL INTEREST END PRINCIPAL CLASS DISTRIBUTION DISTRIBUTION BALANCE - -------------------------------------------------------------------------------- A-1 0.00000000 0.00000000 0.00000000 ----------------------- A-2 132.10723310 4.08837995 724.24744140 ----------------------- A-3 0.00000000 4.79166667 1,000.00000000 ----------------------- A-4 0.00000000 4.83333335 1,000.00000000 ----------------------- - -------------------------------------------------------------------------------- Notes Totals 25.07254377 3.53261308 710.42843830 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- B-1 0.00000000 5.04166669 1,000.00000000 - -------------------- ----------------------- - -------------------------------------------------------------------------------- Certificate Totals 0.00000000 5.04166669 1,000.00000000 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- TOTALS 24.32009009 3.57790138 719.11878854 - -------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MANHATTAN AUTO OWNER TRUST SERIES 1998-B STATEMENT TO CERTIFICATEHOLDERS ==================================================================================================================================== - ------------------------------------------------------------------------------------------------------------------------------------ PERIOD 10 PAGE # 2 DETERMINATION: 10-Feb-99 Beginning 1/1/99 DISTRIBUTION: 16-Feb-99 Ending 1/31/99 TIME: 3/10/99 17:24 per $1000 Section 5.8 (iii) Servicing Fee $673,062.56 0.61953239 Section 5.8 (iv) Administration Fee $1,000.00 0.00092047 Section 5.8 (vi) Pool Balance at the end of the Collection Period $781,253,630.93 Section 5.8 (vii) Repurchase Amounts for Repurchased Receivable By Seller $0.00 By Servicer $37,412.09 TOTAL $37,412.09 Section 5.8 (viii) Realized Net Losses for Collection Period $275,019.20 Section 5.8 (ix) Reserve Account Balance after Disbursement $23,437,608.93 Section 5.8 (x) Specified Reserve Account Balance $23,437,608.93 Section 5.8 (xi) Total Distribution Amount $32,307,947.59 Servicing Fee $673,062.56 Administrative Fee $1,000.00 Noteholders' Distribution Amount $30,144,114.28 Certificateholders' Distribution Amount $ 164,379.22 Deposit to Reserve Account $1,325,391.53 Section 5.8 (xii) Noteholders' Distributable Amount - ------------------------------------------------------------------------------------------------------------------------------------ Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) - ------------------------------------------------------------------------------------------------------------------------------------ A-1 $0.00 $0.00 $0.00 0.00000000 0.00000000 0.00000000 A-2 $26,421,446.62 $817,675.99 $27,239,122.61 132.10723310 4.08837995 136.19561305 A-3 $0.00 $1,538,125.00 $1,538,125.00 0.00000000 4.79166667 4.79166667 A-4 $0.00 $1,366,866.67 $1,366,866.67 0.00000000 4.83333335 4.83333335 - ------------------------------------------------------------------------------------------------------------------------------------ Total $26,421,446.62 $3,722,667.66 $30,144,114.28 25.07254377 3.53261308 28.60515684 - ------------------------------------------------------------------------------------------------------------------------------------ Section 5.8 (xiii) Certificateholders' Distributable Amount - --------------------------------------------------------------------------------------------------------------------------------- Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig) - --------------------------------------------------------------------------------------------------------------------------------- B-1 $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- Total $0.00 $164,379.22 $164,379.22 0.00000000 5.04166669 5.04166669 - --------------------------------------------------------------------------------------------------------------------------------- Section 5.8 (xiv) Reserve Fund Transfer Amount $ 1,325,391.53 (C) COPYRIGHT 1998, CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------
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