EX-99.2 3 a06-4590_1ex99d2.htm EXHIBIT 99

Exhibit 99.2

 

CARD SERIES SCHEDULE TO
MONTHLY NOTEHOLDERS’ STATEMENT

 

Date: 02/09/2006

 

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1

Monthly Period Ending: January 31, 2006

 

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.

 

The following computations are prepared with respect to the Transfer Date of February 14, 2006 and with respect to the performance of the Trust during the related Monthly Period from January 1, 2006 through January 31, 2006. Current Distribution Date is February 15, 2006.

 

Interest Period for all tranches generally includes the previous Distribution Date (or in the case of the initial Interest Payment Date, the Issuance Date) through the day preceding the current Distribution Date. Interest on floating rate tranches is calculated on the basis of 360-day year and the actual number of days in the related interest Period. Interest on fixed rate tranches is calculated on the basis of a 360-day year and twelve 30-day months.

 

Material terms, parties and related abbreviations used herein may be found in the following documents as filed with the Securities and Exchange Commision (“SEC”).

 

Amended and Restated Pooling and Servicing Agreement dated as of August 1, 2002

 

Included in Exibit 4.7. to the Trust’s Form S-3/A filed with the SEC on September 13, 2002

 

 

 

Series 2002-CC Supplement to the Amended and Restated Pooling and Servicing Agreement dated as of October 9, 2002, relating to the COMT Collateral Certificate.

 

Included in Exhibit 4.1 to Funding’s Form 8-K filed with the SEC on November 12, 2002.

 

 

 

Transfer and Administration Agreement dated as of October 9, 2002.

 

Included in Exhibit 4.2 to Funding’s Form 8-K filed with the SEC on November 12, 2002.

 

 

 

Capital One Multi-asset Execution Trust Amended and Restated Trust Agreement dated as of October 9, 2002.

 

Included in Exhibit 4.3 to Funding’s Form 8-K filed with the SEC on November 12, 2002.

 

 

 

Indenture dated as of October 9, 2002.

 

Included in Exhibit 4.4 to Funding’s Form 8-K filed with the SEC on November 12, 2002.

 

 

 

COMT Asset Pool 1 Supplement dated as of October 9, 2002.

 

Included in Exhibit 4.5 to Funding’s Form 8-K filed with the SEC on November 12, 2002.

 

 

 

 

 

 

COMT Asset Pool 1 Supplement dated as of October 9, 2002.

 

Included in Exhibit 4.6 to Funding’s Form 8-K filed with the SEC on November 12, 2002.

 

1



 

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

 

 

 

CUSIP Number

 

Interest Payment
Date

 

Total Amount of
Interest to be paid

 

Per $1000 of
Outstanding Dollar
Principal Amount

 

 

 

 

 

 

 

 

 

 

 

Class A (2002-1)

 

14041NAC5

 

15-Feb-06

 

1,909,166.67

 

3.8183333400

 

Class A (2003-1)

 

14041NAJ0

 

15-Feb-06

 

4,698,000.00

 

3.9150000000

 

Class A (2003-3)

 

14041NAS0

 

15-Feb-06

 

1,901,111.11

 

3.8022222200

 

Class A (2003-4)

 

14041NAW1

 

15-Feb-06

 

2,281,250.00

 

3.0416666667

 

Class A (2003-5)

 

14041NAX9

 

15-Feb-06

 

1,917,222.22

 

3.8344444400

 

Class A (2003-6)

 

14041NAY7

 

15-Feb-06

 

1,229,166.67

 

2.4583333400

 

Class A (2003-7)

 

14041NBC4

 

15-Feb-06

 

2,809,375.00

 

3.7458333333

 

Class A (2003-A)

 

 

 

15-Feb-06

 

1,571,492.17

 

3.9287304250

 

Class A (2004-1)

 

14041NBG5

 

15-Feb-06

 

1,885,000.00

 

3.7700000000

 

Class A (2004-2)

 

14041NBL4

 

15-Feb-06

 

2,755,000.00

 

3.6733333333

 

Class A (2004-3)

 

14041NBM2

 

15-Feb-06

 

1,840,694.44

 

3.6813888800

 

Class A (2004-4)

 

14041NBN0

 

15-Feb-06

 

1,889,027.78

 

3.7780555600

 

Class A (2004-5)

 

14041NBP5

 

15-Feb-06

 

744,333.33

 

3.7216666500

 

Class A (2004-6)

 

14041NBQ3

 

15-Feb-06

 

 

0.0000000000

 

Class A (2004-7)

 

14041NBU4

 

15-Feb-06

 

5,727,319.44

 

11.4546388800

 

Class A (2004-8)

 

14041NBW0

 

15-Feb-06

 

1,852,777.78

 

3.7055555600

 

Class A (2005- 1)

 

14041NBY6

 

15-Feb-06

 

2,742,916.67

 

3.6572222267

 

Class A (2005- 2)

 

14041NCA7

 

15-Feb-06

 

1,687,500.00

 

3.3750000000

 

Class A (2005- 3)

 

14041NCC3

 

15-Feb-06

 

1,687,500.00

 

3.3750000000

 

Class A (2005- 4)

 

14041NCD1

 

15-Feb-06

 

1,080,250.00

 

3.6008333333

 

Class A (2005- 5)

 

14041NCE9

 

15-Feb-06

 

1,810,486.11

 

3.6209722200

 

Class A (2005- 6)

 

14041NCF6

 

15-Feb-06

 

 

0.0000000000

 

Class A (2005- 7)

 

14041NCH2

 

15-Feb-06

 

1,958,333.33

 

3.9166666600

 

Class A (2005- 8)

 

14041NCJ8

 

15-Feb-06

 

1,833,333.33

 

3.6666666600

 

Class A (2005- 9)

 

14041NCK5

 

15-Feb-06

 

1,193,833.33

 

3.6733333231

 

Class A (2005-10)

 

14041NCL3

 

15-Feb-06

 

1,832,638.89

 

3.6652777800

 

Class A (2005-11)

 

14041NCM1

 

15-Feb-06

 

1,816,527.78

 

3.6330555600

 

Class A (2006-1)

 

14041NCN9

 

15-Feb-06

 

1,634,027.78

 

3.2680555600

 

 

 

 

 

 

 

 

 

 

 

Total Class A

 

 

 

 

 

54,288,283.83

 

 

 

 

 

 

 

 

 

 

 

 

 

Class B (2003-1)

 

14041NAK7

 

15-Feb-06

 

908,666.67

 

4.5433333500

 

Class B (2003-2)

 

14041NAL5

 

15-Feb-06

 

437,500.00

 

2.9166666667

 

Class B (2003-3)

 

14041NAT8

 

15-Feb-06

 

562,500.00

 

3.7500000000

 

Class B (2003-4)

 

14041NAU5

 

15-Feb-06

 

849,055.56

 

4.2452778000

 

Class B (2003-5)

 

14041NBA8

 

15-Feb-06

 

598,750.00

 

3.9916666667

 

Class B (2003-6)

 

14041NBB6

 

15-Feb-06

 

1,006,944.44

 

4.0277777600

 

Class B (2004-1)

 

14041NBF7

 

15-Feb-06

 

988,819.44

 

3.9552777600

 

Class B (2004-2)

 

14041NBJ9

 

15-Feb-06

 

944,513.89

 

3.7780555600

 

Class B (2004-3)

 

14041NBL4

 

15-Feb-06

 

628,333.33

 

4.1888888667

 

Class B (2004-4)

 

14041NBR1

 

15-Feb-06

 

576,375.00

 

3.8425000000

 

 

2



 

 

 

 

 

 

 

 

 

Per $1000 of

 

 

 

CUSIP Number

 

Interest Payment
Date

 

Total Amount of
Interest to be paid

 

Outstanding Dollar
Principal Amount

 

 

 

 

 

 

 

 

 

 

 

Class B (2004-5)

 

14041NBS9

 

15-Feb-06

 

616,666.67

 

3.0833333500

 

Class B (2004-6)

 

14041NBV2

 

15-Feb-06

 

691,666.67

 

3.4583333500

 

Class B (2004-7)

 

 

 

15-Feb-06

 

 

0.0000000000

 

Class B (2005-1)

 

14041NBX8

 

15-Feb-06

 

714,583.33

 

4.0833333143

 

Class B (2005-2)

 

14041NCB5

 

15-Feb-06

 

558,250.00

 

3.7216666667

 

Class B (2005-3)

 

14041NCG4

 

15-Feb-06

 

 

0.0000000000

 

 

 

 

 

 

 

 

 

 

 

Total Class B

 

 

 

 

 

10,082,625.00

 

 

 

 

 

 

 

 

 

 

 

 

 

Class C (2002-1)

 

14041NAB7

 

15-Feb-06

 

872,416.67

 

5.8161111333

 

Class C (2003-1)

 

14041NAP6

 

15-Feb-06

 

1,413,750.00

 

5.6550000000

 

Class C (2003-2)

 

14041NAQ4

 

15-Feb-06

 

810,000.00

 

3.6000000000

 

Class C (2003-3)

 

14041NAV3

 

15-Feb-06

 

1,353,333.33

 

5.4133333200

 

Class C (2003-4)

 

14041NAZ4

 

15-Feb-06

 

1,250,000.00

 

5.0000000000

 

Class C (2003-5)

 

14041NBD2

 

15-Feb-06

 

679,083.33

 

4.5272222000

 

Class C (2003-A)

 

14041NAE1

 

15-Feb-06

 

621,888.89

 

6.2188889000

 

Class C (2003-B)

 

 

 

15-Feb-06

 

932,833.33

 

6.2188888667

 

Class C (2004-1)

 

14041NBE0

 

15-Feb-06

 

566,666.67

 

2.8333333500

 

Class C (2004-2)

 

14041NBH3

 

15-Feb-06

 

444,666.67

 

4.4466667000

 

Class C (2004-3)

 

 

 

15-Feb-06

 

 

0.0000000000

 

Class C (2004-4)

 

14041NBT7

 

15-Feb-06

 

618,666.67

 

4.1244444667

 

Class C (2005-1)

 

14041NBZ3

 

15-Feb-06

 

686,534.72

 

3.9230555429

 

 

 

 

 

 

 

 

 

 

 

Total Class C

 

 

 

 

 

10,249,840.28

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

74,620,749.11

 

 

 

 


*For Interest Payment information on the NOVA Notes Program, refer to Exhibit B to the Class A (2004-NOVA) Terms document.

 

B. Principal to be paid on the Distribution Date:

 

 

 

 

 

 

 

 

 

Per $1000 of

 

 

 

CUSIP Number

 

Principal Payment
Date

 

Total Amount of
Principal to be paid

 

Outstanding Dollar
Principal Amount

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

3



 

C. 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 (2003-1)

 

1,200,000,000.00

 

1,200,000,000.00

 

1,200,000,000.00

 

1,200,000,000.00

 

Class A (2003-3)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2003-4)

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

Class A (2003-5)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2003-6)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2003-7)

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

Class A (2003-A)

 

400,000,000.00

 

400,000,000.00

 

400,000,000.00

 

400,000,000.00

 

Class A (2004-1)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2004-2)

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

Class A (2004-3)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2004-4)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2004-5)

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

Class A (2004-6)

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

Class A (2004-7)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2004-8)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2004-NOVA)

 

1,000,000,000.00

 

1,000,000,000.00

 

1,000,000,000.00

 

1,000,000,000.00

 

Class A (2005- 1)

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

Class A (2005- 2)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2005- 3)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2005- 4)

 

300,000,000.00

 

300,000,000.00

 

300,000,000.00

 

300,000,000.00

 

Class A (2005- 5)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2005- 6)

 

455,000,000.00

 

455,000,000.00

 

455,000,000.00

 

455,000,000.00

 

Class A (2005- 7)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2005- 8)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2005- 9)

 

325,000,000.00

 

325,000,000.00

 

325,000,000.00

 

325,000,000.00

 

Class A (2005-10)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2005-11)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2006-1)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

 

 

 

 

 

 

 

 

 

 

Total Class A

 

16,130,000,000.00

 

16,130,000,000.00

 

16,130,000,000.00

 

16,130,000,000.00

 

 

 

 

 

 

 

 

 

 

 

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 B (2003-3)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class B (2003-4)

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

Class B (2003-5)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class B (2003-6)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

Class B (2004-1)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

 

4



 

 

 

Initial Dollar
Principal Amount

 

Outstanding
Dollar Principal
Amount

 

Adjusted
Outstanding Dollar
Principal Amount

 

Nominal
Liquidation
Amount

 

 

 

 

 

 

 

 

 

 

 

Class B (2004-2)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

Class B (2004-3)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class B (2004-4)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class B (2004-5)

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

Class B (2004-6)

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

Class B (2004-7)

 

184,605,000.00

 

184,605,000.00

 

184,605,000.00

 

184,605,000.00

 

Class B (2005-1)

 

175,000,000.00

 

175,000,000.00

 

175,000,000.00

 

175,000,000.00

 

Class B (2005-2)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class B (2005-3)

 

100,000,000.00

 

100,000,000.00

 

100,000,000.00

 

100,000,000.00

 

 

 

 

 

 

 

 

 

 

 

Total Class B

 

2,909,605,000.00

 

2,909,605,000.00

 

2,909,605,000.00

 

2,909,605,000.00

 

 

 

 

 

 

 

 

 

 

 

Class C (2002-1)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class C (2003-1)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

Class C (2003-2)

 

225,000,000.00

 

225,000,000.00

 

225,000,000.00

 

225,000,000.00

 

Class C (2003-3)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

Class C (2003-4)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

Class C (2003-5)

 

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 (2004-1)

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

Class C (2004-2)

 

100,000,000.00

 

100,000,000.00

 

100,000,000.00

 

100,000,000.00

 

Class C (2004-3)

 

367,500,000.00

 

367,500,000.00

 

367,500,000.00

 

367,500,000.00

 

Class C (2004-4)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class C (2005-1)

 

175,000,000.00

 

175,000,000.00

 

175,000,000.00

 

175,000,000.00

 

 

 

 

 

 

 

 

 

 

 

Total Class C

 

2,517,500,000.00

 

2,517,500,000.00

 

2,517,500,000.00

 

2,517,500,000.00

 

 

 

 

 

 

 

 

 

 

 

Class D (2002-1)

 

328,288,997.27

 

328,288,997.27

 

328,288,997.27

 

328,288,997.27

 

 

 

 

 

 

 

 

 

 

 

Total

 

21,885,393,997.27

 

21,885,393,997.27

 

21,885,393,997.27

 

21,885,393,997.27

 

 

5



 

D. Nominal Liquidation Amount for Tranches of Notes Outstanding:

(including all tranches issued as of the end of the Monthly Period, after taking into account all allocations expected to occur on the Distribution Date)

 

 

 

End of Month
Nominal
Liquidation
Amount

 

Increase due to
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

 

Nominal
Liquidation
Amount as of the
Distribution Date*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A (2002-1)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2003-1)

 

1,200,000,000.00

 

 

 

 

 

 

 

1,200,000,000.00

 

Class A (2003-3)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2003-4)

 

750,000,000.00

 

 

 

 

 

 

 

750,000,000.00

 

Class A (2003-5)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2003-6)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2003-7)

 

750,000,000.00

 

 

 

 

 

 

 

750,000,000.00

 

Class A (2003-A)

 

400,000,000.00

 

 

 

 

 

 

 

400,000,000.00

 

Class A (2004-1)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2004-2)

 

750,000,000.00

 

 

 

 

 

 

 

750,000,000.00

 

Class A (2004-3)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2004-4)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2004-5)

 

200,000,000.00

 

 

 

 

 

 

 

200,000,000.00

 

Class A (2004-6)

 

750,000,000.00

 

 

 

 

 

 

 

750,000,000.00

 

Class A (2004-7)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2004-8)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2004-NOVA)

 

1,000,000,000.00

 

 

 

 

 

 

 

1,000,000,000.00

 

Class A (2005- 1)

 

750,000,000.00

 

 

 

 

 

 

 

750,000,000.00

 

Class A (2005- 2)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2005- 3)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2005- 4)

 

300,000,000.00

 

 

 

 

 

 

 

300,000,000.00

 

Class A (2005- 5)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2005- 6)

 

455,000,000.00

 

 

 

 

 

 

 

455,000,000.00

 

Class A (2005- 7)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2005- 8)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2005- 9)

 

325,000,000.00

 

 

 

 

 

 

 

325,000,000.00

 

Class A (2005-10)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2005-11)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A (2006-1)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Class A

 

16,130,000,000.00

 

 

 

 

 

 

 

16,130,000,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 B (2003-3)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class B (2003-4)

 

200,000,000.00

 

 

 

 

 

 

 

200,000,000.00

 

Class B (2003-5)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class B (2003-6)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

 

6



 

 

 

End of Month
Nominal
Liquidation
Amount

 

Increase due to
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

 

Nominal
Liquidation
Amount as of the
Distribution Date*

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class B (2004-1)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

Class B (2004-2)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

Class B (2004-3)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class B (2004-4)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class B (2004-5)

 

200,000,000.00

 

 

 

 

 

 

 

200,000,000.00

 

Class B (2004-6)

 

200,000,000.00

 

 

 

 

 

 

 

200,000,000.00

 

Class B (2004-7)

 

184,605,000.00

 

 

 

 

 

 

 

184,605,000.00

 

Class B (2005-1)

 

175,000,000.00

 

 

 

 

 

 

 

175,000,000.00

 

Class B (2005-2)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class B (2005-3)

 

100,000,000.00

 

 

 

 

 

 

 

100,000,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Class B

 

2,909,605,000.00

 

 

 

 

 

 

 

2,909,605,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class C (2002-1)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class C (2003-1)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

Class C (2003-2)

 

225,000,000.00

 

 

 

 

 

 

 

225,000,000.00

 

Class C (2003-3)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

Class C (2003-4)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

Class C (2003-5)

 

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 (2004-1)

 

200,000,000.00

 

 

 

 

 

 

 

200,000,000.00

 

Class C (2004-2)

 

100,000,000.00

 

 

 

 

 

 

 

100,000,000.00

 

Class C (2004-3)

 

367,500,000.00

 

 

 

 

 

 

 

367,500,000.00

 

Class C (2004-4)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class C (2005-1)

 

175,000,000.00

 

 

 

 

 

 

 

175,000,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Class C

 

2,517,500,000.00

 

 

 

 

 

 

 

2,517,500,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class D (2002-1)

 

328,288,997.27

 

 

 

 

 

 

 

328,288,997.27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

21,885,393,997.27

 

 

 

 

 

 

 

21,885,393,997.27

 

 


* This report does not capture any new issuances of notes occurring after the end of the Monthly Period. However, the Class D balance is the amount calculated to support the actual Class A, B & C tranche outstandings as of the Distribution Date, after giving effect to all activity (that was expected to occur as of the Determination Date) on the Distribution Date.

 

7



 

E. Targeted Deposits to Principal Funding sub-Accounts:

 

 

 

Beginning
Principal Funding
sub-Account
Balance

 

Targeted Deposit
to Principal
Funding
sub-Account

 

Previous shortfalls
of targeted
deposits to the
Principal Funding
Sub-Accout

 

Actual Deposit to
Principal Funding
sub-Account

 

Amounts withdrawn
from the Principal
Funding
sub-Account for
payment to
Noteholders

 

Ending
Principal Funding
sub-Account
Balance

 

Principal Funding
sub-Account
Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8



 

F. Targeted Deposits to Interest Funding sub-Accounts:

 

 

 

Applicable
Interest Rates

 

Beginning Interest
Funding
sub-Account
Balance (1)

 

Targeted Deposit
to Interest
Funding
sub-Account

 

Previous Shortfalls
of targeted deposits
to the Interest
Funding sub-Account

 

Actual Deposit to
Interest Funding
sub-Account (2)

 

Amounts withdrawn
from the Interest
Funding sub-Account
for payment to
Noteholder’s (3)

 

Ending
Interest Funding
sub-Account
Balance (1)

 

Interest Funding
sub-Account
Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A (2002-1)

 

4.740

%

 

1,909,166.67

 

 

1,909,166.67

 

(1,909,166.67

)

 

0.00

 

Class A (2003-1)

 

4.860

%

 

4,698,000.00

 

 

4,698,000.00

 

(4,698,000.00

)

 

0.00

 

Class A (2003-3)

 

4.720

%

 

1,901,111.11

 

 

1,901,111.11

 

(1,901,111.11

)

 

0.00

 

Class A (2003-4)

 

3.650

%

 

2,281,250.00

 

 

2,281,250.00

 

(2,281,250.00

)

 

0.00

 

Class A (2003-5)

 

4.760

%

 

1,917,222.22

 

 

1,917,222.22

 

(1,917,222.22

)

 

0.00

 

Class A (2003-6)

 

2.950

%

 

1,229,166.67

 

 

1,229,166.67

 

(1,229,166.67

)

 

0.00

 

Class A (2003-7)

 

4.650

%

 

2,809,375.00

 

 

2,809,375.00

 

(2,809,375.00

)

 

0.00

 

Class A (2003-A)

 

 

 

1,571,492.17

 

 

1,571,492.17

 

(1,571,492.17

)

 

0.00

 

Class A (2004-1)

 

4.680

%

 

1,885,000.00

 

 

1,885,000.00

 

(1,885,000.00

)

 

0.00

 

Class A (2004-2)

 

4.560

%

 

2,755,000.00

 

 

2,755,000.00

 

(2,755,000.00

)

 

0.00

 

Class A (2004-3)

 

4.570

%

 

1,840,694.44

 

 

1,840,694.44

 

(1,840,694.44

)

 

0.00

 

Class A (2004-4)

 

4.690

%

 

1,889,027.78

 

 

1,889,027.78

 

(1,889,027.78

)

 

0.00

 

Class A (2004-5)

 

4.620

%

 

744,333.33

 

 

744,333.33

 

(744,333.33

)

 

0.00

 

Class A (2004-6)

 

4.531

%

3,115,234.38

 

2,737,630.21

 

 

2,737,630.21

 

 

5,852,864.59

 

5,325.07

 

Class A (2004-7)

 

4.482

%

3,921,968.75

 

1,805,350.69

 

 

1,805,350.69

 

(5,727,319.44

)

 

10,742.55

 

Class A (2004-8)

 

4.600

%

 

1,852,777.78

 

 

1,852,777.78

 

(1,852,777.78

)

 

0.00

 

Class A (2004-NOVA)

 

 

22,160,015.85

 

3,917,300.11

 

 

3,768,112.62

 

 

21,960,198.34

 

79,550.00

 

Class A (2005- 1)

 

4.540

%

 

2,742,916.67

 

 

2,742,916.67

 

(2,742,916.67

)

 

0.00

 

Class A (2005- 2)

 

4.050

%

 

1,687,500.00

 

 

1,687,500.00

 

(1,687,500.00

)

 

0.00

 

Class A (2005- 3)

 

4.050

%

 

1,687,500.00

 

 

1,687,500.00

 

(1,687,500.00

)

 

0.00

 

Class A (2005- 4)

 

4.470

%

 

1,080,250.00

 

 

1,080,250.00

 

(1,080,250.00

)

 

0.00

 

Class A (2005- 5)

 

4.495

%

 

1,810,486.11

 

 

1,810,486.11

 

(1,810,486.11

)

 

0.00

 

Class A (2005- 6)

 

4.650

%

 

1,704,354.17

 

 

1,704,354.17

 

 

1,704,354.17

 

7,903.01

 

Class A (2005- 7)

 

4.700

%

 

1,958,333.33

 

 

1,958,333.33

 

(1,958,333.33

)

 

0.00

 

Class A (2005- 8)

 

4.400

%

 

1,833,333.33

 

 

1,833,333.33

 

(1,833,333.33

)

 

0.00

 

Class A (2005- 9)

 

4.560

%

 

1,193,833.33

 

 

1,193,833.33

 

(1,193,833.33

)

 

0.00

 

Class A (2005-10)

 

4.550

%

 

1,832,638.89

 

 

1,832,638.89

 

(1,832,638.89

)

 

0.00

 

Class A (2005-11)

 

4.510

%

 

1,816,527.78

 

 

1,816,527.78

 

(1,816,527.78

)

 

0.00

 

Class A (2006-1)

 

4.525

%

 

1,634,027.78

 

 

1,634,027.78

 

(1,634,027.78

)

 

0.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Class A

 

 

 

29,197,218.98

 

58,725,599.57

 

 

58,576,412.08

 

(54,288,283.83

)

29,517,417.10

 

103,520.63

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class B (2003-1)

 

5.640

%

 

908,666.67

 

 

908,666.67

 

(908,666.67

)

 

0.00

 

Class B (2003-2)

 

3.500

%

 

437,500.00

 

 

437,500.00

 

(437,500.00

)

 

0.00

 

Class B (2003-3)

 

4.500

%

 

562,500.00

 

 

562,500.00

 

(562,500.00

)

 

0.00

 

Class B (2003-4)

 

5.270

%

 

849,055.56

 

 

849,055.56

 

(849,055.56

)

 

0.00

 

Class B (2003-5)

 

4.790

%

 

598,750.00

 

 

598,750.00

 

(598,750.00

)

 

0.00

 

Class B (2003-6)

 

5.000

%

 

1,006,944.44

 

 

1,006,944.44

 

(1,006,944.44

)

 

0.00

 

 

9



 

 

 

Applicable
Interest Rates

 

Beginning Interest
Funding
sub-Account
Balance (1)

 

Targeted Deposit
to Interest
Funding
sub-Account

 

Previous Shortfalls
of targeted deposits
to the Interest
Funding sub-Account

 

Actual Deposit to
Interest Funding
sub-Account (2)

 

Amounts withdrawn
from the Interest
Funding sub-Account
for payment to
Noteholder’s (3)

 

Ending
Interest Funding
sub-Account
Balance (1)

 

Interest Funding
sub-Account
Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class B (2004-1)

 

4.910

%

 

988,819.44

 

 

988,819.44

 

(988,819.44

)

 

0.00

 

Class B (2004-2)

 

4.690

%

 

944,513.89

 

 

944,513.89

 

(944,513.89

)

 

0.00

 

Class B (2004-3)

 

5.200

%

 

628,333.33

 

 

628,333.33

 

(628,333.33

)

 

0.00

 

Class B (2004-4)

 

4.770

%

 

576,375.00

 

 

576,375.00

 

(576,375.00

)

 

0.00

 

Class B (2004-5)

 

3.700

%

 

616,666.67

 

 

616,666.67

 

(616,666.67

)

 

0.00

 

Class B (2004-6)

 

4.150

%

 

691,666.67

 

 

691,666.67

 

(691,666.67

)

 

0.00

 

Class B (2004-7)

 

5.196

%

 

772,761.91

 

 

772,761.91

 

 

772,761.91

 

2,872.48

 

Class B (2005-1)

 

4.900

%

 

714,583.33

 

 

714,583.33

 

(714,583.33

)

 

0.00

 

Class B (2005-2)

 

4.620

%

 

558,250.00

 

 

558,250.00

 

(558,250.00

)

 

0.00

 

Class B (2005-3)

 

5.150

%

 

414,861.11

 

 

414,861.11

 

 

414,861.11

 

1,484.23

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Class B

 

 

 

 

11,270,248.02

 

 

11,270,248.02

 

(10,082,625.00

)

1,187,623.02

 

4,356.71

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class C (2002-1)

 

7.220

%

 

872,416.67

 

 

872,416.67

 

(872,416.67

)

 

0.00

 

Class C (2003-1)

 

7.020

%

 

1,413,750.00

 

 

1,413,750.00

 

(1,413,750.00

)

 

0.00

 

Class C (2003-2)

 

4.320

%

 

810,000.00

 

 

810,000.00

 

(810,000.00

)

 

0.00

 

Class C (2003-3)

 

6.720

%

 

1,353,333.33

 

 

1,353,333.33

 

(1,353,333.33

)

 

0.00

 

Class C (2003-4)

 

6.000

%

 

1,250,000.00

 

 

1,250,000.00

 

(1,250,000.00

)

 

0.00

 

Class C (2003-5)

 

5.620

%

 

679,083.33

 

 

679,083.33

 

(679,083.33

)

 

0.00

 

Class C (2003-A)

 

 

 

621,888.89

 

 

621,888.89

 

(621,888.89

)

 

0.00

 

Class C (2003-B)

 

 

 

932,833.33

 

 

932,833.33

 

(932,833.33

)

 

0.00

 

Class C (2004-1)

 

3.400

%

 

566,666.67

 

 

566,666.67

 

(566,666.67

)

 

0.00

 

Class C (2004-2)

 

5.520

%

 

444,666.67

 

 

444,666.67

 

(444,666.67

)

 

0.00

 

Class C (2004-3)

 

6.399

%

1,959,693.75

 

1,959,693.75

 

 

1,959,693.75

 

 

3,919,387.50

 

3,351.95

 

Class C (2004-4)

 

5.120

%

 

618,666.67

 

 

618,666.67

 

(618,666.67

)

 

0.00

 

Class C (2005-1)

 

4.870

%

 

686,534.72

 

 

686,534.72

 

(686,534.72

)

 

0.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Class C

 

 

 

1,959,693.75

 

12,209,534.03

 

 

12,209,534.03

 

(10,249,840.28

)

3,919,387.50

 

3,351.95

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

31,156,912.73

 

82,205,381.62

 

 

82,056,194.13

 

(74,620,749.11

)

34,624,427.62

 

111,229.29

 

 


(1) Interest Funding sub-account Balances for Class A (2004-NOVA) reflects activities as of the Beginning or End of Month, respectively.

(2) Actual Deposit to Interest Funding sub-Account (2004-NOVA) to be made on Distribution date does not include Monthly Liquidity Fee.

(3) For Interest Payment information on the NOVA Notes Program, refer to Exhibit B to the Class A (2004-NOVA) Terms document.

 

10



 

G. Class C Reserve sub-Accounts:

 

 

 

Beginning Class C
Reserve
sub-Account
Balance

 

Targeted Deposit
to Class C
Reserve
sub-Account

 

Actual Deposit to
Class C Reserve
sub-Account

 

Withdrawls from
Class C Reserve
sub-Account
Balance

 

Ending Class C
Reserve
sub-Account
Balance

 

Class C Reserve
sub-Account
Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

Beginning Class D
Reserve
sub-Account
Balance

 

Targeted Deposit
to Class D
Reserve
sub-Account

 

Actual Deposit to
Class D Reserve
sub-Account

 

Withdrawls from
Class D Reserve
sub-Account
Balance

 

Ending Class D
Reserve
sub-Account
Balance

 

Class D Reserve
sub-Account
Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I. Targeted Deposits to Accumulation Reserve sub-Accounts:

 

 

 

Beginning
Accumulation
Reserve
sub-Account
Balance

 

Targeted Deposit
to Accumulation
Reserve
sub-Account

 

Actual Deposit to
Accumulation
Reserve
sub-Account

 

Withdrawals from
Accumulation
Reserve Account
for Interest

 

Withdrawals from
Accumulation
Reserve Account
for Payments to
Issuer

 

Ending
Accumulation
Reserve
sub-Account
Balance

 

Accumulation
Reserve
sub-Account
Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

Class A Usage of
Class B

 

Class A Usage of
Class C

 

Class A Usage of
Class D

 

Cumulative Class

 

Cumulative Class

 

Cumulative Class

 

 

 

Subordination

 

Subordination

 

Subordination

 

A Usage of Class

 

A Usage of Class

 

A Usage of Class

 

 

 

Amount for this

 

Amount for this

 

Amount for this

 

B Subordination

 

C Subordination

 

D Subordination

 

 

 

Monthly Period

 

Monthly Period

 

Monthly Period

 

Amount

 

Amount

 

Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11



 

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

 

 

 

Class B Usage of
Class C

 

Class B Usage of
Class D

 

Cumulative Class

 

Cumulative Class

 

 

 

Subordination

 

Subordination

 

B Usage of Class

 

B Usage of Class

 

 

 

Amount for this

 

Amount for this

 

C Subordination

 

D Subordination

 

 

 

Monthly Period

 

Monthly Period

 

Amount

 

Amount

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

L. Class C Usage of Class D Subordination Amounts:

 

 

 

Class C Usage of
Class D

 

Cumulative Class C

 

 

 

Subordination

 

Usage of Class D

 

 

 

Amount for this

 

Subordination

 

 

 

Monthly Period

 

Amount

 

NOTHING TO REPORT

 

 

 

 

 

 

12



 

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

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

 

 

 

Required

 

Available

 

Required

 

Available

 

Required

 

Available

 

 

 

Subordination

 

Subordination

 

Subordination

 

Subordination

 

Subordination

 

Subordination

 

 

 

Amount from

 

Amount from

 

Amount from

 

Amount from

 

Amount from

 

Amount from

 

 

 

Class B Notes

 

Class B Notes

 

Class C Notes

 

Class C Notes

 

Class D Notes

 

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 (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 (2003-3)

 

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 (2003-4)

 

92,307,750.00

 

92,307,750.00

 

66,923,250.00

 

66,923,250.00

 

13,846,500.00

 

13,846,500.00

 

Class A (2003-5)

 

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 (2003-6)

 

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 (2003-7)

 

92,307,750.00

 

92,307,750.00

 

66,923,250.00

 

66,923,250.00

 

13,846,500.00

 

13,846,500.00

 

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 A (2004-1)

 

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 (2004-2)

 

92,307,750.00

 

92,307,750.00

 

66,923,250.00

 

66,923,250.00

 

13,846,500.00

 

13,846,500.00

 

Class A (2004-3)

 

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 (2004-4)

 

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 (2004-5)

 

24,615,400.00

 

24,615,400.00

 

17,846,200.00

 

17,846,200.00

 

3,692,400.00

 

3,692,400.00

 

Class A (2004-6)

 

92,307,750.00

 

92,307,750.00

 

66,923,250.00

 

66,923,250.00

 

13,846,500.00

 

13,846,500.00

 

Class A (2004-7)

 

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 (2004-8)

 

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 (2004-NOVA)

 

 

 

 

 

85,400,000.00

 

85,400,000.00

 

16,529,000.00

 

16,529,000.00

 

Class A (2005- 1)

 

92,307,750.00

 

92,307,750.00

 

66,923,250.00

 

66,923,250.00

 

13,846,500.00

 

13,846,500.00

 

Class A (2005- 2)

 

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 (2005- 3)

 

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 (2005- 4)

 

36,923,100.00

 

36,923,100.00

 

26,769,300.00

 

26,769,300.00

 

5,538,600.00

 

5,538,600.00

 

Class A (2005- 5)

 

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 (2005- 6)

 

56,000,035.00

 

56,000,035.00

 

40,600,105.00

 

40,600,105.00

 

8,400,210.00

 

8,400,210.00

 

Class A (2005- 7)

 

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 (2005- 8)

 

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 (2005- 9)

 

40,000,025.00

 

40,000,025.00

 

29,000,075.00

 

29,000,075.00

 

6,000,150.00

 

6,000,150.00

 

Class A (2005-10)

 

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 (2005-11)

 

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 (2006-1)

 

61,538,500.00

 

61,538,500.00

 

44,615,500.00

 

44,615,500.00

 

9,231,000.00

 

9,231,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Class A

 

1,862,155,010.00

 

1,862,155,010.00

 

1,435,465,030.00

 

1,435,465,030.00

 

295,859,060.00

 

295,859,060.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class B (2003-1)

 

 

 

 

 

98,521,144.56

 

98,521,144.56

 

20,384,147.70

 

20,384,147.70

 

Class B (2003-2)

 

 

 

 

 

73,890,858.42

 

73,890,858.42

 

15,288,110.78

 

15,288,110.78

 

Class B (2003-3)

 

 

 

 

 

73,890,858.42

 

73,890,858.42

 

15,288,110.78

 

15,288,110.78

 

Class B (2003-4)

 

 

 

 

 

98,521,144.56

 

98,521,144.56

 

20,384,147.70

 

20,384,147.70

 

Class B (2003-5)

 

 

 

 

 

73,890,858.42

 

73,890,858.42

 

15,288,110.78

 

15,288,110.78

 

Class B (2003-6)

 

 

 

 

 

123,151,430.69

 

123,151,430.69

 

25,480,184.63

 

25,480,184.63

 

Class B (2004-1)

 

 

 

 

 

123,151,430.69

 

123,151,430.69

 

25,480,184.63

 

25,480,184.63

 

Class B (2004-2)

 

 

 

 

 

123,151,430.69

 

123,151,430.69

 

25,480,184.63

 

25,480,184.63

 

 

13



 

 

 

Required

 

Available

 

Required

 

Available

 

Required

 

Available

 

 

 

Subordination

 

Subordination

 

Subordination

 

Subordination

 

Subordination

 

Subordination

 

 

 

Amount from

 

Amount from

 

Amount from

 

Amount from

 

Amount from

 

Amount from

 

 

 

Class B Notes

 

Class B Notes

 

Class C Notes

 

Class C Notes

 

Class D Notes

 

Class D Notes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class B (2004-3)

 

 

 

 

 

73,890,858.42

 

73,890,858.42

 

15,288,110.78

 

15,288,110.78

 

Class B (2004-4)

 

 

 

 

 

73,890,858.42

 

73,890,858.42

 

15,288,110.78

 

15,288,110.78

 

Class B (2004-5)

 

 

 

 

 

98,521,144.56

 

98,521,144.56

 

20,384,147.70

 

20,384,147.70

 

Class B (2004-6)

 

 

 

 

 

98,521,144.56

 

98,521,144.56

 

20,384,147.70

 

20,384,147.70

 

Class B (2004-7)

 

 

 

 

 

90,937,479.45

 

90,937,479.45

 

18,815,077.94

 

18,815,077.94

 

Class B (2005-1)

 

 

 

 

 

86,206,001.49

 

86,206,001.49

 

17,836,129.24

 

17,836,129.24

 

Class B (2005-2)

 

 

 

 

 

73,890,858.42

 

73,890,858.42

 

15,288,110.78

 

15,288,110.78

 

Class B (2005-3)

 

 

 

 

 

49,260,572.28

 

49,260,572.28

 

10,192,073.85

 

10,192,073.85

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Class B

 

 

 

 

 

1,433,288,074.05

 

1,433,288,074.05

 

296,549,090.40

 

296,549,090.40

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class C (2002-1)

 

 

 

 

 

 

 

 

 

19,560,416.92

 

19,560,416.92

 

Class C (2003-1)

 

 

 

 

 

 

 

 

 

32,600,694.86

 

32,600,694.86

 

Class C (2003-2)

 

 

 

 

 

 

 

 

 

29,340,625.38

 

29,340,625.38

 

Class C (2003-3)

 

 

 

 

 

 

 

 

 

32,600,694.86

 

32,600,694.86

 

Class C (2003-4)

 

 

 

 

 

 

 

 

 

32,600,694.86

 

32,600,694.86

 

Class C (2003-5)

 

 

 

 

 

 

 

 

 

19,560,416.92

 

19,560,416.92

 

Class C (2003-A)

 

 

 

 

 

 

 

 

 

13,040,277.95

 

13,040,277.95

 

Class C (2003-B)

 

 

 

 

 

 

 

 

 

19,560,416.92

 

19,560,416.92

 

Class C (2004-1)

 

 

 

 

 

 

 

 

 

26,080,555.89

 

26,080,555.89

 

Class C (2004-2)

 

 

 

 

 

 

 

 

 

13,040,277.95

 

13,040,277.95

 

Class C (2004-3)

 

 

 

 

 

 

 

 

 

47,923,021.44

 

47,923,021.44

 

Class C (2004-4)

 

 

 

 

 

 

 

 

 

19,560,416.92

 

19,560,416.92

 

Class C (2005-1)

 

 

 

 

 

 

 

 

 

22,820,486.40

 

22,820,486.40

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Class C

 

 

 

 

 

 

 

 

 

328,288,997.27

 

328,288,997.27

 

 


* All balances for 2004-NOVA tranche are as of End of Month.

 

N. Early Redemption Event

 

Current Month Excess Spread Amount

 

$

179,189,107.60

 

 

 

 

 

Prior Month Excess Spread Amount

 

$

194,950,502.95

 

 

 

 

 

Two Months Prior Excess Spread Amount

 

$

173,830,739.29

 

 

 

 

 

Three Month Average Excess Spread Amount

 

$

182,656,783.28

 

 

 

 

 

Is the average of the Excess Spread Amount for preceding three months greater than $0?

 

YES

 

 

14



 

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 9th day of February, 2006.

 

 

Capital One Bank,

 

as Administrator

 

 

 

 

 

By:

 

/s/Steve Richter

 

 

 

 

 

 

Name:

 

Steve Richter

 

Title:

 

Director, Corporate Accounting and Reporting

 

Date:

 

02/09/2006

 

15