EX-99.2 4 j1943_ex99d2.htm EX-99.2

Exhibit 99.2

 

CARD SERIES SCHEDULE TO

MONTHLY NOTEHOLDERS’ STATEMENT

 

Date:                    June 10, 2003

 

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL1

Monthly Period Ending: May 31, 2003

 

Reference is made to the Series 2002-CC Supplement (the “Series 2002-CC Supplement”), dated as of October 9, 2002, between Capital One Funding, LLC, a Virginia limited liability company (“Funding”), as Transferor, Capital One Bank, a Virginia banking corporation (the “Bank”), as Servicer, and The Bank of New York, as Trustee, and the Indenture (the “Indenture”), dated as of October 9, 2002, between Capital One Multi-asset Execution Trust, as Issuer, and The Bank of New York, as Indenture Trustee. Terms used herein and not defined herein have the meanings ascribed to them in the Series 2002-CC Supplement, the Indenture and the related Indenture Supplements, as applicable.

 

The following computations are prepared with respect to the Transfer Date of June 13, 2003 and with respect to the performance of the Trust during the related Monthly Period.

 

A. Targeted Deposits to Interest Funding sub-Accounts:

 

 

 

Targeted Deposit to
Interest Funding sub-
Account

 

Actual Deposit to
Interest Funding sub-
Account

 

Interest Funding sub-
account Balance prior
to Withdrawals

 

Interest Funding sub-
Account Earnings

 

Class A (2002-1)

 

702,222.22

 

702,222.22

 

702,222.22

 

0.00

 

Class A (2002-2)

 

800,000.00

 

800,000.00

 

800,000.00

 

0.00

 

Class A (2003-1)

 

1,813,333.33

 

1,813,333.33

 

1,813,333.33

 

0.00

 

Class A (2003-A)

 

517,617.77

 

517,617.77

 

517,617.77

 

0.00

 

 

 

 

 

 

 

 

 

 

 

Class B (2002-1)

 

619,111.11

 

619,111.11

 

619,111.11

 

0.00

 

Class B (2003-1)

 

551,111.11

 

551,111.11

 

551,111.11

 

0.00

 

Class B (2003-2)

 

554,166.67

 

554,166.67

 

554,166.67

 

0.00

 

 

 

 

 

 

 

 

 

 

 

Class C (2002-1)

 

541,333.33

 

541,333.33

 

541,333.33

 

0.00

 

Class C (2003-A)

 

405,333.33

 

405,333.33

 

405,333.33

 

0.00

 

Class C (2003-B)

 

608,088.24

 

608,088.24

 

608,088.24

 

0.00

 

Class C (2003-1)

 

510,460.07

 

510,460.07

 

510,460.07

 

0.00

 

 

B. Interest to be paid on the corresponding Distribution Date:

 

 

 

CUSIP Number

 

Interest Payment Date

 

Total Amount of
Interest to be paid

 

Per $1000

 

Class A (2002-1)

 

14041NAC5

 

16-Jun-03

 

702,222.22

 

1.4044444444

 

Class A (2002-2)

 

14041NAD3

 

16-Jun-03

 

800,000.00

 

1.3333333333

 

Class A (2003-1)

 

14041NAJ0

 

16-Jun-03

 

1,813,333.33

 

1.5111111111

 

Class A (2003-A)

 

 

 

16-Jun-03

 

517,617.77

 

1.2940444250

 

 

 

 

 

 

 

 

 

 

 

Class B (2002-1)

 

14041NAA9

 

16-Jun-03

 

619,111.11

 

1.7688888889

 

Class B (2003-1)

 

14041NAK7

 

16-Jun-03

 

551,111.11

 

2.7555555556

 

Class B (2003-2)

 

14041NAL5

 

16-Jun-03

 

554,166.67

 

3.6944444444

 

 

 

 

 

 

 

 

 

 

 

Class C (2002-1)

 

14041NAB7

 

16-Jun-03

 

541,333.33

 

3.6088888889

 

Class C (2003-A)

 

14041NAE1

 

16-Jun-03

 

405,333.33

 

4.0533333333

 

Class C (2003-B)

 

 

 

16-Jun-03

 

608,088.24

 

4.0539216222

 

Class C (2003-1)

 

14041NAP6

 

16-Jun-03

 

510,460.07

 

2.0418402778

 

 

1



 

C. Targeted Deposits to Principal Funding sub-Accounts:

 

 

 

Targeted Deposit to
Principal Funding sub-
Account

 

Actual Deposit to
Principal Funding sub-
Account

 

Principal Funding sub-
account Balance prior
to Withdrawals

 

Principal Funding sub-
Account Earnings

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

D. Principal to be paid on the Distribution Date:

 

 

 

CUSIP Number

 

Principal Payment
Date

 

Total Amount of
Principal to be paid

 

Per 1000

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

E. Targeted Deposits to Class C Reserve sub-Accounts:

 

 

 

Targeted Deposit to
Class C Reserve sub-
Account

 

Actual Deposit to
Class C Reserve sub-
Account

 

Class C Reserve sub-
Account Balance prior
to Withdrawals

 

Class C Reserve sub-
Account Earnings

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

F. Withdrawals to be made from Class C Reserve sub-Accounts:

 

 

 

Withdrawals for
Interest

 

Withdrawals for
Principal

 

Class C Reserve sub-
Account Balance after
Withdrawals

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

G. Targeted Deposits to Class D Reserve sub-Accounts:

 

 

 

Targeted Deposit to
Class D Reserve sub-
Account

 

Actual Deposit to
Class D Reserve sub-
Account

 

Class D Reserve sub-
Account Balance prior
to Withdrawals

 

Class D Reserve sub-
Account Earnings

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

H. Withdrawals to be made from Class D Reserve sub-Accounts:

 

 

 

Withdrawals for
Interest

 

Withdrawals for
Principal

 

Class D Reserve sub-
Account Balance after
Withdrawals

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

I. Targeted Deposits to Accumulation Reserve sub-Accounts:

 

 

 

Targeted Deposit to
Accumulation Reserve
sub-Account

 

Actual Deposit to
Accumulation Reserve
sub-Account

 

Accumulation Reserve
sub-Account Balance
prior to Withdrawals

 

Accumulation Reserve
sub-Account Earnings

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

2



 

J. Withdrawals to be made from Accumulation Reserve sub-Accounts:

 

 

 

Withdrawal Amount

 

Accumulation Reserve
sub-Account  Balance
after Withdrawals

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

K. Outstanding Dollar Principal Amount and Nominal Liquidation Amount for the related Monthly Period:

(as of the end of the related Monthly Period)

 

 

 

Initial Dollar Principal
Amount

 

Outstanding Dollar
Principal Amount

 

Adjusted Outstanding
Dollar Principal
Amount

 

Nominal Liquidation
Amount

 

Class A (2002-1)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2002-2)

 

600,000,000.00

 

600,000,000.00

 

600,000,000.00

 

600,000,000.00

 

Class A (2003-1)

 

1,200,000,000.00

 

1,200,000,000.00

 

1,200,000,000.00

 

1,200,000,000.00

 

Class A (2003-A)

 

400,000,000.00

 

400,000,000.00

 

400,000,000.00

 

400,000,000.00

 

 

 

 

 

 

 

 

 

 

 

Class B (2002-1)

 

350,000,000.00

 

350,000,000.00

 

350,000,000.00

 

350,000,000.00

 

Class B (2003-1)

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

Class B (2003-2)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

 

 

 

 

 

 

 

 

 

 

Class C (2002-1)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class C (2003-A)

 

100,000,000.00

 

100,000,000.00

 

100,000,000.00

 

100,000,000.00

 

Class C (2003-B)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class C (2003-1)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

 

 

 

 

 

 

 

 

 

 

Class D (2002-1)

 

 

 

61,676,809.74

 

61,676,809.74

 

61,676,809.74

 

 

L. Class A Usage of Class B, C and D Subordination Amounts:

 

 

 

Class A Usage of
Class B Subordination
Amount for this
Monthly Period

 

Class A Usage of
Class C Subordination
Amount for this
Monthly Period

 

Class A Usage of
Class D Subordination
Amount for this
Monthly Period

 

Cumulative Class A
Usage of Class B
Subordination Amount

 

Cumulative Class A
Usage of Class C
Subordination Amount

 

Cumulative Class A
Usage of Class D
Subordination Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

M. Class B Usage of Class C and D Subordination Amounts:

 

 

 

Class B Usage of
Class C Subordination
Amount for this
Monthly Period

 

Class B Usage of
Class D Subordination
Amount for this
Monthly Period

 

Cumulative Class B
Usage of Class C
Subordination Amount

 

Cumulative Class B
Usage of Class D
Subordination Amount

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

N. Class C Usage of Class D Subordination Amounts:

 

 

 

Class C Usage of
Class D Subordination
Amount for this
Monthly Period

 

Cumulative Class C
Usage of Class D
Subordination Amount

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

3



 

O. Required and Available Subordination Amount to Class A, B and C Notes:

(as of the Determination Date, after taking into account all allocations expected to occur on the Distribution Date)

 

 

 

Required
Subordination
Amount from
Class B Notes

 

Available
Subordination
Amount from
Class B Notes

 

Required
Subordination
Amount from
Class C Notes

 

Available
Subordination
Amount from
Class C Notes

 

Required
Subordination
Amount from
Class D Notes

 

Available
Subordination
Amount from
Class D Notes

 

Class A (2002-1)

 

61,538,500.00

 

61,538,500.00

 

44,615,500.00

 

44,615,500.00

 

9,231,000.00

 

9,231,000.00

 

Class A (2002-2)

 

73,846,200.00

 

73,846,200.00

 

53,538,600.00

 

53,538,600.00

 

11,077,200.00

 

11,077,200.00

 

Class A (2003-1)

 

147,692,400.00

 

147,692,400.00

 

107,077,200.00

 

107,077,200.00

 

22,154,400.00

 

22,154,400.00

 

Class A (2003-A)

 

49,230,800.00

 

49,230,800.00

 

35,692,400.00

 

35,692,400.00

 

7,384,800.00

 

7,384,800.00

 

Class B (2002-1)

 

 

 

 

 

135,068,970.21

 

135,068,970.21

 

27,945,945.22

 

27,945,945.22

 

Class B (2003-1)

 

 

 

 

 

77,182,268.69

 

77,182,268.69

 

15,969,111.55

 

15,969,111.55

 

Class B (2003-2)

 

 

 

 

 

57,886,701.52

 

57,886,701.52

 

11,976,833.66

 

11,976,833.66

 

Class C (2002-1)

 

 

 

 

 

 

 

 

 

14,233,109.94

 

14,233,109.94

 

Class C (2003-A)

 

 

 

 

 

 

 

 

 

9,488,739.96

 

9,488,739.96

 

Class C (2003-B)

 

 

 

 

 

 

 

 

 

14,233,109.94

 

14,233,109.94

 

Class C (2003-1)

 

 

 

 

 

 

 

 

 

23,721,849.90

 

23,721,849.90

 

 

 

P. Nominal Liquidation Amount for Tranches of Notes Outstanding:

(as of Determination Date, after taking into account all allocations expected to occur on the Distribution Date)

 

 

 

Beginning
Nominal
Liquidation
Amount

 

Increase due to
issuance of
additional
Notes or
accretions of
Principal for
Discount
Notes

 

Withdrawal
from
Principal
Funding
sub-Account

 

Reimbursements of
Nominal
Liquidation
Amount from
Available
Funds

 

Reductions
due to
reallocation of Card
Series Principal
Amounts

 

Reduction
due to
Investor
Charge-offs

 

Reductions
due to
deposits into the
Principal
Funding
sub-Account

 

Ending
Nominal
Liquidation
Amount

 

Class A (2002-1)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2002-2)

 

600,000,000.00

 

 

 

 

 

 

 

600,000,000.00

 

Class A (2003-1)

 

1,200,000,000.00

 

 

 

 

 

 

 

1,200,000,000.00

 

Class A (2003-A)

 

400,000,000.00

 

 

 

 

 

 

 

400,000,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class B (2002-1)

 

350,000,000.00

 

 

 

 

 

 

 

350,000,000.00

 

Class B (2003-1)

 

200,000,000.00

 

 

 

 

 

 

 

200,000,000.00

 

Class B (2003-2)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class C (2002-1)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class C (2003-A)

 

100,000,000.00

 

 

 

 

 

 

 

100,000,000.00

 

Class C (2003-B)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class C (2003-1)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class D (2002-1)

 

61,676,809.74

 

 

 

 

 

 

 

61,676,809.74

 

 

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this tenth day of June, 2003.

 

 

 

Capital One Bank,

 

 

as Administrator

 

 

 

 

 

By:

 /s/ Tom Feil

 

 

Name: Tom Feil

 

 

Title: Director of Capital Markets

 

4