EX-99.2 3 dex992.htm EXHIBIT 99.2 Exhibit 99.2

Exhibit 99.2

 

 

CARD SERIES SCHEDULE TO

MONTHLY NOTEHOLDERS’ STATEMENT

   AMENDED AND RESTATED

Date: 10/15/2009

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1

Monthly Period Ending: July 31, 2009

Reference is made to the Series 2002-CC Supplement as amended, (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 (USA), National Association, a national banking association (the “Bank”), as Servicer, and The Bank of New York, as Trustee, and the Indenture as amended, (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 August 14, 2009 and with respect to the performance of the Trust during the related Monthly Period from July 1, 2009 through July 31, 2009. Current Distribution Date is August 17, 2009.

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 Commission (“SEC”).

 

Amended and Restated Pooling and Servicing Agreement dated as of August 1, 2002, January 13, 2006, March 23, 2007 and July 1, 2007    Included in Exhibit 4.2 to Funding’s Form 8-K filed with the SEC on July 6, 2007.
First Amendment to Amended and Restated Pooling and Servicing Agreement dated as of March 1, 2008.    Included in Exhibit 4.2 to Funding’s Form 8-K filed with the SEC on March 4, 2008.
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.
First Amendment to the Series 2002-CC Supplement dated as of March 1, 2008.    Included in Exhibit 4.6 to Funding’s Form 8-K filed with the SEC on March 4, 2008.
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.
First Amendment to Transfer and Administration Agreement dated as of March 1, 2008.    Included in Exhibit 4.10 to Funding’s Form 8-K filed with the SEC on March 4, 2008.

 

1

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.
First Amendment to Indenture dated as of March 1, 2008.    Included in Exhibit 4.7 to Funding’s Form 8-K filed with the SEC on March 4, 2008.
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.
First Amendment to COMT Asset Pool 1 Supplement dated as of March 1, 2008.    Included in Exhibit 4.8 to Funding’s Form 8-K filed with the SEC on March 4, 2008.
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.
First Amendment to Card Series Indenture Supplement dated as of March 1, 2008.    Included in Exhibit 4.9 to Funding’s Form 8-K filed with the SEC on March 4, 2008.

 

2

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 (2003-5)

    14041NAX9    17-Aug-09    264,976.25    0.5299525000

Class A (2004-1)

    14041NBG5    17-Aug-09    228,309.58    0.4566191600

Class A (2004-4)

    14041NBN0    17-Aug-09    232,892.92    0.4657858400

Class A (2004-5)

    14041NBP5    17-Aug-09    80,323.83    0.4016191500

Class A (2004-7)

    14041NBU4    17-Aug-09    1,348,808.61    2.6976172200

Class A (2004-8)

    14041NBW0    17-Aug-09    191,642.92    0.3832858400

Class A (2005- 1)

    14041NBY6    17-Aug-09    246,214.38    0.3282858400

Class A (2005- 3)

    14041NCC3    17-Aug-09    1,687,500.00    3.3750000000

Class A (2005- 4)

    14041NCD1    17-Aug-09    79,235.75    0.2641191667

Class A (2005- 6)

    14041NCF6    15-Oct-09    —      0.0000000000

Class A (2005- 7)

    14041NCH2    17-Aug-09    1,958,333.33    3.9166666600

Class A (2005-9)

    14041NCK5    17-Aug-09    112,651.23    0.3466191692

Class A (2005-10)

    14041NCL3    17-Aug-09    168,726.25    0.3374525000

Class A (2005-11)

    14041NCM1    17-Aug-09    150,392.92    0.3007858400

Class A (2006- 1)

    14041NCN9    17-Aug-09    148,101.25    0.2962025000

Class A (2006- 2)

    14041NCP4    17-Aug-09    2,020,833.33    4.0416666600

Class A (2006- 3)

    14041NCQ2    17-Aug-09    1,683,333.33    4.2083333250

Class A (2006- 4)

    14041NCR0    17-Aug-09    300,785.83    0.3007858300

Class A (2006- 5)

    14041NCS8    17-Aug-09    159,559.58    0.3191191600

Class A (2006- 6)

    14041NCU3    17-Aug-09    2,208,333.33    4.4166666600

Class A (2006- 7)

    14041NCV1    17-Aug-09    291,619.17    0.2916191700

Class A (2006- 8)

    14041NCX7    17-Aug-09    87,485.75    0.2916191667

Class A (2006- 9)

    14041NCY5    17-Aug-09    208,401.88    0.2778691733

Class A (2006-10)

    14041NDA6    17-Aug-09    2,145,833.33    4.2916666600

Class A (2006-11)

    14041NDB4    17-Aug-09    259,964.38    0.3466191733

Class A (2006-12)

    14041NDC2    17-Aug-09    159,559.58    0.3191191600

Class A (2006-13)

    14041NDE8    17-Aug-09    122,892.92    0.2457858400

Class A (2006-14)

    14041NDF5    17-Aug-09    136,642.92    0.2732858400

Class A (2006-A)

       17-Aug-09    319,820.83    0.8883911944

Class A (2006-B)

       17-Aug-09    275,877.84    0.7259943158

Class A (2006-C)

       17-Aug-09    261,753.21    0.8725107000

Class A (2006-D)

       17-Aug-09    286,708.28    0.9556942667

Class A (2006-E)

       17-Aug-09    336,028.07    1.1200935667

Class A (2007- 1)

    14041NDG3    17-Aug-09    193,720.31    0.3099524960

Class A (2007- 2)

    14041NDL2    17-Aug-09    236,216.75    0.3374525000

Class A (2007- 3)

    14041NDP3    17-Aug-09    198,089.38    0.2641191733

Class A (2007- 4)

    14041NDS7    17-Aug-09    218,714.38    0.2916191733

Class A(2007- A)

    U13554AD9    17-Aug-09    866,666.67    4.3333333500

Class A (2007-5)

    14041NDT5    17-Aug-09    180,471.50    0.3007858333

Class A (2007-6)

    14041NDW8    17-Aug-09    328,285.83    0.3282858300

Class A (2007-7)

    14041NDX6    17-Aug-09    4,791,666.67    4.7916666700

 

3

     CUSIP Number    Interest Payment
Date		    Total Amount of
Interest to be paid		    Per $1000 of
Outstanding Dollar
Principal Amount

Class A (2007-8)

    14041NDY4    15-Sep-09    —      0.0000000000

Class A (2007-9)

    14041NDZ1    17-Aug-09    3,093,750.00    4.1250000000

Class A (2008-1)

    14041NEB3    17-Aug-09    1,760,495.46    0.9516191676

Class A (2008-2)

    14041NEC1    17-Aug-09    590,392.92    1.1807858400

Class A (2008-3)

    14041N ED9    17-Aug-09    2,525,000.00    4.2083333333

Class A (2008-4)

    14041NEE7    17-Aug-09    1,055,444.73    1.4557858345

Class A (2008-5)

    14041N EF4    17-Aug-09    3,031,250.00    4.0416666667

Class A (2008-6)

    14041NEG2    17-Aug-09    636,226.25    1.2724525000

Class A (2008-A)

       17-Aug-09    —      0.0000000000

Class A (2008-B)

       17-Aug-09    —      0.0000000000

Class A (2009-1)

    14041NEH0    17-Aug-09    827,094.13    1.2724525077

Class A (2009-2)

    14041NEJ6    17-Aug-09    2,666,666.67    2.6666666700

Class A (2009-A)

       17-Aug-09    —      0.0000000000
             

Total Class A

          41,363,694.43   
             

Class B (2003-5)

    14041NBA8    17-Aug-09    598,750.00    3.9916666667

Class B (2004-3)

    14041NBL4    17-Aug-09    139,992.88    0.9332858667

Class B (2004-6)

    14041NBV2    17-Aug-09    691,666.67    3.4583333500

Class B (2004-7)

       15-Oct-09    —      0.0000000000

Class B (2005-1)

    14041NBX8    17-Aug-09    714,583.33    4.0833333143

Class B (2005-3)

    14041NCG4    15-Oct-09    —      0.0000000000

Class B (2006-1)

    14041NCT6    17-Aug-09    91,137.52    0.5207858286

Class B (2007- 1)

    14041NDH1    17-Aug-09    179,066.71    0.5116191714

Class B (2007- 2)

    14041NDM0    17-Aug-09    58,252.10    0.3328691429

Class B (2007- 3)

    14041NDQ1    17-Aug-09    1,052,083.33    4.2083333200

Class B (2007- 4)

    14041NDR9    17-Aug-09    86,654.79    0.3466191600

Class B (2007- 5)

    14041NDV0    17-Aug-09    675,000.00    4.5000000000

Class B (2008-A)

       17-Aug-09    1,536,191.71    4.3891191714

Class B (2009-A)

       17-Aug-09    2,338,275.04    6.6807858286

Class B (2008-B)

       17-Aug-09    2,139,358.38    6.1124525143
             

Total Class B

          10,301,012.46   
             

Class C (2003-3)

    14041NAV3    17-Aug-09    581,654.79    2.3266191600

Class C (2003-4)

    14041NAZ4    17-Aug-09    1,250,000.00    5.0000000000

Class C (2004-2)

    14041NBH3    17-Aug-09    122,661.92    1.2266192000

Class C (2004-3)

       15-Sep-09    —      0.0000000000

Class C (2004-4)

    14041NBT7    17-Aug-09    128,992.88    0.8599525333

Class C (2005-1)

    14041NBZ3    17-Aug-09    110,387.52    0.6307858286

Class C (2006-1)

    14041NCW9    17-Aug-09    92,741.69    0.5299525143

Class C (2006-2)

    14041NCZ2    17-Aug-09    53,911.92    0.5391192000

Class C (2006-3)

    14041NDD0    17-Aug-09    69,681.56    0.5574524800

Class C (2007-1)

    14041NDJ7    17-Aug-09    211,235.75    0.7041191667

 

4

     CUSIP Number    Interest Payment
Date		    Total Amount of
Interest to be paid		    Per $1000 of
Outstanding Dollar
Principal Amount

Class C (2007-2)

    14041NDK4    17-Aug-09    134,779.79    0.5391191600

Class C (2007-3)

    14041NDU2    17-Aug-09    66,244.06    0.5299524800

Class C (2007-4)

    14041NEA5    17-Aug-09    525,566.71    1.5016191714
             

Total Class C

          3,347,858.59   
             

Total

          55,012,565.48   

B. Principal to be paid on the Distribution Date:

 

     CUSIP Number    Principal Payment
Date		    Total Amount of
Principal to be paid		    Per $1000 of
Outstanding Dollar
Principal Amount

Class A (2006-A)

       17-Aug-09    360,000,000.00    1,000.0000000000

Class A (2006-B)

       17-Aug-09    380,000,000.00    1,000.0000000000

Class A (2006-C)

       17-Aug-09    300,000,000.00    1,000.0000000000

Class A (2006-D)

       17-Aug-09    300,000,000.00    1,000.0000000000

Class A (2006-E)

       17-Aug-09    300,000,000.00    1,000.0000000000

Class C (2004-4)

    14041NBT7    17-Aug-09    150,000,000.00    1,000.0000000000

 

5

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 (2003-5)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2004-1)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2004-4)

    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 (2004-7)

    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 (2005- 1)

    750,000,000.00    750,000,000.00    750,000,000.00    750,000,000.00

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- 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- 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

Class A (2006- 2)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2006- 3)

    400,000,000.00    400,000,000.00    400,000,000.00    400,000,000.00

Class A (2006- 4)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2006- 5)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2006- 6)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2006- 7)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2006- 8)

    300,000,000.00    300,000,000.00    300,000,000.00    300,000,000.00

Class A (2006- 9)

    750,000,000.00    750,000,000.00    750,000,000.00    750,000,000.00

Class A (2006-10)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2006-11)

    750,000,000.00    750,000,000.00    750,000,000.00    750,000,000.00

Class A (2006-12)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2006-13)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2006-14)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2006-A)

    360,000,000.00    360,000,000.00    360,000,000.00    360,000,000.00

Class A (2006-B)

    380,000,000.00    380,000,000.00    380,000,000.00    380,000,000.00

Class A (2006-C)

    300,000,000.00    300,000,000.00    300,000,000.00    300,000,000.00

Class A (2006-D)

    300,000,000.00    300,000,000.00    300,000,000.00    300,000,000.00

Class A (2006-E)

    300,000,000.00    300,000,000.00    300,000,000.00    300,000,000.00

Class A (2007- 1)

    625,000,000.00    625,000,000.00    625,000,000.00    625,000,000.00

Class A (2007- 2)

    700,000,000.00    700,000,000.00    700,000,000.00    700,000,000.00

Class A (2007- 3)

    750,000,000.00    750,000,000.00    750,000,000.00    750,000,000.00

 

6

     Initial Dollar
Principal Amount		    Outstanding Dollar
Principal Amount		    Adjusted
Outstanding Dollar
Principal Amount		    Nominal
Liquidation
Amount

Class A (2007- 4)

    750,000,000.00    750,000,000.00    750,000,000.00    750,000,000.00

Class A (2007- A)

    200,000,000.00    200,000,000.00    200,000,000.00    200,000,000.00

Class A (2007-5)

    600,000,000.00    600,000,000.00    600,000,000.00    600,000,000.00

Class A (2007-6)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2007-7)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2007-8)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2007-9)

    750,000,000.00    750,000,000.00    750,000,000.00    750,000,000.00

Class A (2008-1)

    1,850,000,000.00    1,850,000,000.00    1,850,000,000.00    1,850,000,000.00

Class A (2008-2)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2008-3)

    600,000,000.00    600,000,000.00    600,000,000.00    600,000,000.00

Class A (2008-4)

    725,000,000.00    725,000,000.00    725,000,000.00    725,000,000.00

Class A (2008-5)

    750,000.000.00    750,000.000.00    750,000.000.00    750,000.000.00

Class A (2008-6)

    500,000,000.00    500,000,000.00    500,000,000.00    500,000,000.00

Class A (2008-A)

    —      —      —      —  

Class A (2008-B)

    —      —      —      —  

Class A (2009-1)

    650,000,000.00    650,000,000.00    650,000,000.00    650,000,000.00

Class A (2009-2)

    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00    1,000,000,000.00

Class A (2009-A)

    —      —      —      —  
                   

Total Class A

    29,820,000,000.00    29,820,000,000.00    29,820,000,000.00    29,820,000,000.00
                   

Class B (2003-5)

    150,000,000.00    150,000,000.00    150,000,000.00    150,000,000.00

Class B (2004-3)

    150,000,000.00    150,000,000.00    150,000,000.00    150,000,000.00

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 (2005-3)

    100,000,000.00    100,000,000.00    100,000,000.00    100,000,000.00

Class B (2006-1)

    175,000,000.00    175,000,000.00    175,000,000.00    175,000,000.00

Class B (2007- 1)

    350,000,000.00    350,000,000.00    350,000,000.00    350,000,000.00

Class B (2007- 2)

    175,000,000.00    175,000,000.00    175,000,000.00    175,000,000.00

Class B (2007- 3)

    250,000,000.00    250,000,000.00    250,000,000.00    250,000,000.00

Class B (2007- 4)

    250,000,000.00    250,000,000.00    250,000,000.00    250,000,000.00

Class B (2007- 5)

    150,000,000.00    150,000,000.00    150,000,000.00    150,000,000.00

Class B (2008-A)

    350,000,000.00    350,000,000.00    350,000,000.00    350,000,000.00

Class B (2009-A)

    350,000,000.00    350,000,000.00    350,000,000.00    350,000,000.00

Class B (2009-B)

    350,000,000.00    350,000,000.00    350,000,000.00    350,000,000.00
                   

Total Class B

    3,359,605,000.00    3,359,605,000.00    3,359,605,000.00    3,359,605,000.00
                   

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

 

7

     Initial Dollar
Principal Amount		    Outstanding Dollar
Principal Amount		    Adjusted
Outstanding Dollar
Principal Amount		    Nominal
Liquidation
Amount

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

Class C (2006-1)

    175,000,000.00    175,000,000.00    175,000,000.00    175,000,000.00

Class C (2006-2)

    100,000,000.00    100,000,000.00    100,000,000.00    100,000,000.00

Class C (2006-3)

    125,000,000.00    125,000,000.00    125,000,000.00    125,000,000.00

Class C (2007-1)

    300,000,000.00    300,000,000.00    300,000,000.00    300,000,000.00

Class C (2007-2)

    250,000,000.00    250,000,000.00    250,000,000.00    250,000,000.00

Class C (2007-3)

    125,000,000.00    125,000,000.00    125,000,000.00    125,000,000.00

Class C (2007-4)

    350,000,000.00    350,000,000.00    350,000,000.00    350,000,000.00
                   

Total Class C

    2,717,500,000.00    2,717,500,000.00    2,717,500,000.00    2,717,500,000.00
                   

Class D (2002-1)

       362,621,061.69    362,621,061.69    362,621,061.69
                   

Total

    35,897,105,000.00    36,259,726,061.69    36,259,726,061.69    36,259,726,061.69

 

8

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 (2003-5)

    500,000,000.00    —      —      —      —      —      —      500,000,000.00

Class A (2004-1)

    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 (2004-7)

    500,000,000.00    —      —      —      —      —      —      500,000,000.00

Class A (2004-8)

    500,000,000.00    —      —      —      —      —      —      500,000,000.00

Class A (2005- 1)

    750,000,000.00    —      —      —      —      —      —      750,000,000.00

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- 6)

    455,000,000.00    —      —      —      —      —      —      455,000,000.00

Class A (2005- 7)

    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

Class A (2006- 2)

    500,000,000.00    —      —      —      —      —      —      500,000,000.00

Class A (2006- 3)

    400,000,000.00    —      —      —      —      —      —      400,000,000.00

Class A (2006- 4)

    1,000,000,000.00    —      —      —      —      —      —      1,000,000,000.00

Class A (2006- 5)

    500,000,000.00    —      —      —      —      —      —      500,000,000.00

Class A (2006- 6)

    500,000,000.00    —      —      —      —      —      —      500,000,000.00

Class A (2006- 7)

    1,000,000,000.00    —      —      —      —      —      —      1,000,000,000.00

Class A (2006- 8)

    300,000,000.00    —      —      —      —      —      —      300,000,000.00

Class A (2006- 9)

    750,000,000.00    —      —      —      —      —      —      750,000,000.00

Class A (2006-10)

    500,000,000.00    —      —      —      —      —      —      500,000,000.00

Class A (2006-11)

    750,000,000.00    —      —      —      —      —      —      750,000,000.00

Class A (2006-12)

    500,000,000.00    —      —      —      —      —      —      500,000,000.00

Class A (2006-13)

    500,000,000.00    —      —      —      —      —      —      500,000,000.00

Class A (2006-14)

    500,000,000.00    —      —      —      —      —      —      500,000,000.00

Class A (2006-A)

    360,000,000.00    —      —      —      —      —      360,000,000.00    —  

Class A (2006-B)

    380,000,000.00    —      —      —      —      —      380,000,000.00    —  

Class A (2006-C)

    300,000,000.00    —      —      —      —      —      300,000,000.00    —  

Class A (2006-D)

    300,000,000.00    —      —      —      —      —      300,000,000.00    —  

Class A (2006-E)

    300,000,000.00    —      —      —      —      —      300,000,000.00    —  

Class A (2007- 1)

    625,000,000.00    —      —      —      —      —      —      625,000,000.00

Class A (2007- 2)

    700,000,000.00    —      —      —      —      —      —      700,000,000.00

 

9

    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 (2007-3)

   750,000,000.00   —     —     —     —     —     —     750,000,000.00

Class A (2007-4)

   750,000,000.00   —     —     —     —     —     —     750,000,000.00

Class A (2007-A)

   200,000,000.00   —     —     —     —     —     —     200,000,000.00

Class A (2007-5)

   600,000,000.00   —     —     —     —     —     —     600,000,000.00

Class A (2007-6)

   1,000,000,000.00   —     —     —     —     —     —     1,000,000,000.00

Class A (2007-7)

   1,000,000,000.00   —     —     —     —     —     —     1,000,000,000.00

Class A (2007-8)

   500,000,000.00   —     —     —     —     —     —     500,000,000.00

Class A (2007-9)

   750,000,000.00   —     —     —     —     —     —     750,000,000.00

Class A (2008-1)

   1,850,000,000.00   —     —     —     —     —     —     1,850,000,000.00

Class A (2008-2)

   500,000,000.00   —     —     —     —     —     —     500,000,000.00

Class A (2008-3)

   600,000,000.00   —     —     —     —     —     —     600,000,000.00

Class A (2008-4)

   725,000,000.00   —     —     —     —     —     —     725,000,000.00

Class A (2008-5)

   750,000,000.00   —     —     —     —     —     —     750,000,000.00

Class A (2008-6)

   500,000,000.00   —     —     —     —     —     —     500,000,000.00

Class A (2008-A)

   —     —     —     —     —     —     —     —  

Class A (2008-B)

   —     —     —     —     —     —     —     —  

Class A (2009-1)

   650,000,000.00   —     —     —     —     —     —     650,000,000.00

Class A (2009-2)

   1,000,000,000.00   —     —     —     —     —     —     1,000,000,000.00

Class A (2009-A)

   —     —     —     —     —     —     —     —  
                               

Total Class A

   29,820,000,000.00   —     —     —     —     —     1,640,000,000.00   28,180,000,000.00
                               

Class B (2003-5)

   150,000,000.00   —     —     —     —     —     —     150,000,000.00

Class B (2004-3)

   150,000,000.00   —     —     —     —     —     —     150,000,000.00

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 (2005-3)

   100,000,000.00   —     —     —     —     —     —     100,000,000.00

Class B (2006-1)

   175,000,000.00   —     —     —     —     —     —     175,000,000.00

Class B (2007-1)

   350,000,000.00   —     —     —     —     —     —     350,000,000.00

Class B (2007-2)

   175,000,000.00   —     —     —     —     —     —     175,000,000.00

Class B (2007-3)

   250,000,000.00   —     —     —     —     —     —     250,000,000.00

Class B (2007-4)

   250,000,000.00   —     —     —     —     —     —     250,000,000.00

Class B (2007-5)

   150,000,000.00   —     —     —     —     —     —     150,000,000.00

Class B (2008-A)

   350,000,000.00   —     —     —     —     —     —     350,000,000.00

Class B (2009-A)

   350,000,000.00   —     —     —     —     —     —     350,000,000.00

Class B (2009-B)

   350,000,000.00   —     —     —     —     —     —     350,000,000.00
                               

Total Class B

   3,359,605,000.00   —     —     —     —     —     —     3,359,605,000.00

 

10

     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 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 (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

Class C (2006-1)

    175,000,000.00    —      —      —      —      —      —      175,000,000.00

Class C (2006-2)

    100,000,000.00    —      —      —      —      —      —      100,000,000.00

Class C (2006-3)

    125,000,000.00    —      —      —      —      —      —      125,000,000.00

Class C (2007-1)

    300,000,000.00    —      —      —      —      —      —      300,000,000.00

Class C (2007-2)

    250,000,000.00    —      —      —      —      —      —      250,000,000.00

Class C (2007-3)

    125,000,000.00    —      —      —      —      —      —      125,000,000.00

Class C (2007-4)

    350,000,000.00    —      —      —      —      —      —      350,000,000.00
                                       

Total Class C

    2,717,500,000.00    —      —      —      —      —      150,000,000.00    2,567,500,000.00
                                       

Class D (2002-1)

    362,621,061.69    —      —      —      —      —      —      344,538,997.25
                                       

Total

    36,259,726,061.69    —      —      —      —      —      1,790,000,000.00    34,451,643,997.25

 

* This report does not capture any new issuances or increases of notes occurring after the end of the Monthly Period. Additionally, the Class D balance reflects any reductions due to maturities that will occur on the distribution date.

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-Account		    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

Class A (2006-A)

    —      360,000,000.00    —      360,000,000.00    360,000,000.00    —      —  

Class A (2006-B)

    —      380,000,000.00    —      380,000,000.00    380,000,000.00    —      —  

Class A (2006-C)

    —      300,000,000.00    —      300,000,000.00    300,000,000.00    —      —  

Class A (2006-D)

    —      300,000,000.00    —      300,000,000.00    300,000,000.00    —      —  

Class A (2006-E)

    —      300,000,000.00    —      300,000,000.00    300,000,000.00    —      —  

Class C (2004-4)

    —      150,000,000.00    —      150,000,000.00    150,000,000.00    —      —  

 

11

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 (2003-5)

    0.578 %    —      264,976.25    —      264,976.25    (264,976.25 )    —      0.00

Class A (2004-1)

    0.498 %    —      228,309.58    —      228,309.58    (228,309.58 )    —      0.00

Class A (2004-4)

    0.508 %    —      232,892.92    —      232,892.92    (232,892.92 )    —      0.00

Class A (2004-5)

    0.438 %    —      80,323.83    —      80,323.83    (80,323.83 )    —      0.00

Class A (2004-7)

    1.033 %    875,290.69    473,517.92    —      473,517.92    (1,348,808.61 )    —      83.91

Class A (2004-8)

    0.418 %    —      191,642.92    —      191,642.92    (191,642.92 )    —      0.00

Class A (2005- 1)

    0.358 %    —      246,214.38    —      246,214.38    (246,214.38 )    —      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)

    0.288 %    —      79,235.75    —      79,235.75    (79,235.75 )    —      0.00

Class A (2005- 6)

    0.559 %    —      233,308.08    —      233,308.08    —        233,308.08    55.03

Class A (2005- 7)

    4.700 %    —      1,958,333.33    —      1,958,333.33    (1,958,333.33 )    —      0.00

Class A (2005- 9)

    0.378 %    —      112,651.23    —      112,651.23    (112,651.23 )    —      0.00

Class A (2005-10)

    0.368 %    —      168,726.25    —      168,726.25    (168,726.25 )    —      0.00

Class A (2005-11)

    0.328 %    —      150,392.92    —      150,392.92    (150,392.92 )    —      0.00

Class A (2006- 1)

    0.323 %    —      148,101.25    —      148,101.25    (148,101.25 )    —      0.00

Class A (2006- 2)

    4.850 %    —      2,020,833.33    —      2,020,833.33    (2,020,833.33 )    —      0.00

Class A (2006- 3)

    5.050 %    —      1,683,333.33    —      1,683,333.33    (1,683,333.33 )    —      0.00

Class A (2006- 4)

    0.328 %    —      300,785.83    —      300,785.83    (300,785.83 )    —      0.00

Class A (2006- 5)

    0.348 %    —      159,559.58    —      159,559.58    (159,559.58 )    —      0.00

Class A (2006- 6)

    5.300 %    —      2,208,333.33    —      2,208,333.33    (2,208,333.33 )    —      0.00

Class A (2006- 7)

    0.318 %    —      291,619.17    —      291,619.17    (291,619.17 )    —      0.00

Class A (2006- 8)

    0.318 %    —      87,485.75    —      87,485.75    (87,485.75 )    —      0.00

Class A (2006- 9)

    0.303 %    —      208,401.88    —      208,401.88    (208,401.88 )    —      0.00

Class A (2006-10)

    5.150 %    —      2,145,833.33    —      2,145,833.33    (2,145,833.33 )    —      0.00

Class A (2006-11)

    0.378 %    —      259,964.38    —      259,964.38    (259,964.38 )    —      0.00

Class A (2006-12)

    0.348 %    —      159,559.58    —      159,559.58    (159,559.58 )    —      0.00

Class A (2006-13)

    0.268 %    —      122,892.92    —      122,892.92    (122,892.92 )    —      0.00

Class A (2006-14)

    0.298 %    —      136,642.92    —      136,642.92    (136,642.92 )    —      0.00

Class A (2006-A)

    —        —      319,820.83    —      319,820.83    (319,820.83 )    —      0.00

Class A (2006-B)

    —        —      275,877.84    —      275,877.84    (275,877.84 )    —      0.00

Class A (2006-C)

    —        —      261,753.21    —      261,753.21    (261,753.21 )    —      0.00

Class A (2006-D)

    —        —      286,708.28    —      286,708.28    (286,708.28 )    —      0.00

Class A (2006-E)

    —        —      336,028.07    —      336,028.07    (336,028.07 )    —      0.00

Class A (2007- 1)

    0.338 %    —      193,720.31    —      193,720.31    (193,720.31 )    —      0.00

Class A (2007- 2)

    0.368 %    —      236,216.75    —      236,216.75    (236,216.75 )    —      0.00

Class A (2007- 3)

    0.288 %    —      198,089.38    —      198,089.38    (198,089.38 )    —      0.00

Class A (2007- 4)

    0.318 %    —      218,714.38    —      218,714.38    (218,714.38 )    —      0.00

Class A (2007-A)

    5.200 %    —      866,666.67    —      866,666.67    (866,666.67 )    —      0.00

 

12

     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 (2007-5)

    0.328 %    —      180,471.50    —      180,471.50    (180,471.50 )    —      0.00

Class A (2007-6)

    0.358 %    —      328,285.83    —      328,285.83    (328,285.83 )    —      0.00

Class A (2007-7)

    5.750 %    —      4,791,666.67    —      4,791,666.67    (4,791,666.67 )    —      0.00

Class A (2007-8)

    0.929 %    387,241.67    425,965.83    —      425,965.83    —        813,207.50    25.21

Class A (2007-9)

    4.950 %    —      3,093,750.00    —      3,093,750.00    (3,093,750.00 )    —      0.00

Class A (2008-1)

    1.038 %    —      1,760,495.46    —      1,760,495.46    (1,760,495.46 )    —      0.00

Class A (2008-2)

    1.288 %    —      590,392.92    —      590,392.92    (590,392.92 )    —      0.00

Class A (2008-3)

    5.050 %    —      2,525,000.00    —      2,525,000.00    (2,525,000.00 )    —      0.00

Class A (2008-4)

    1.588 %    —      1,055,444.73    —      1,055,444.73    (1,055,444.73 )    —      0.00

Class A (2008-5)

    4.850 %    —      3,031,250.00    —      3,031,250.00    (3,031,250.00 )    —      0.00

Class A (2008-6)

    1.388 %    —      636,226.25    —      636,226.25    (636,226.25 )    —      0.00

Class A (2008-A)

    —        —      0.00    —      0.00    —        —      0.00

Class A (2008-B)

    —        —      0.00    —      0.00    —        —      0.00

Class A (2009-1)

    1.388 %    —      827,094.13    —      827,094.13    (827,094.13 )    —      0.00

Class A (2009-2)

    3.200 %    —      2,666,666.67    —      2,666,666.67    (2,666,666.67 )    —      0.00

Class A (2009-A)

    —        —      0.00    —      0.00    —        —      0.00
                                     

Total Class A

      1,262,532.36    41,147,677.65    —      41,147,677.65    (41,363,694.43 )    1,046,516.58    164.15
                                         

Class B (2003-5)

    4.790 %    —      598,750.00    —      598,750.00    (598,750.00 )    —      0.00

Class B (2004-3)

    1.018 %    —      139,992.88    —      139,992.88    (139,992.88 )    —      0.00

Class B (2004-6)

    4.150 %    —      691,666.67    —      691,666.67    (691,666.67 )    —      0.00

Class B (2004-7)

    1.108 %    —      187,488.68    —      187,488.68    —        187,488.68    32.26

Class B (2005-1)

    4.900 %    —      714,583.33    —      714,583.33    (714,583.33 )    —      0.00

Class B (2005-3)

    1.059 %    —      97,109.83    —      97,109.83    —        97,109.83    17.23

Class B (2006-1)

    0.566 %    —      91,137.52    —      91,137.52    (91,137.52 )    —      0.00

Class B (2007- 1)

    0.558 %    —      179,066.71    —      179,066.71    (179,066.71 )    —      0.00

Class B (2007- 2)

    0.363 %    —      58,252.10    —      58,252.10    (58,252.10 )    —      0.00

Class B (2007- 3)

    5.050 %    —      1,052,083.33    —      1,052,083.33    (1,052,083.33 )    —      0.00

Class B (2007- 4)

    0.378 %    —      86,654.79    —      86,654.79    (86,654.79 )    —      0.00

Class B (2007- 5)

    5.400 %    —      675,000.00    —      675,000.00    (675,000.00 )    —      0.00

Class B (2008-A)

    —        —      1,536,191.71    —      1,536,191.71    (1,536,191.71 )    —      0.00

Class B (2009-A)

    —        —      2,338,275.04    —      2,338,275.04    (2,338,275.04 )    —      0.00

Class B (2009-B)

    —        —      2,139,358.38    —      2,139,358.38    (2,139,358.38 )    —      0.00
                                     

Total Class B

      —      10,585,610.97    —      10,585,610.97    (10,301,012.46 )    284,598.51    49.49
                                         

Class C (2003-3)

    2.538 %    —      581,654.79    —      581,654.79    (581,654.79 )    —      0.00

Class C (2003-4)

    6.000 %    —      1,250,000.00    —      1,250,000.00    (1,250,000.00 )    —      0.00

Class C (2004-2)

    1.338 %    —      122,661.92    —      122,661.92    (122,661.92 )    —      0.03

Class C (2004-3)

    6.399 %    1,959,693.75    1,959,693.75    —      1,959,693.75    —        3,919,367.50    127.67

 

13

     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 C (2004-4)

   0.938 %    —     128,992.88   —     128,992.88   (128,992.88 )    —     0.00

Class C (2005-1)

   0.688 %    —     110,387.52   —     110,387.52   (110,387.52 )    —     0.00

Class C (2006-1)

   0.578 %    —     92,741.69   —     92,741.69   (92,741.69 )    —     0.00

Class C (2006-2)

   0.588 %    —     53,911.92   —     53,911.92   (53,991.92 )    —     0.00

Class C (2006-3)

   0.608 %    —     69,681.56   —     69,681.56   (69,681.56 )    —     0.00

Class C (2007-1)

   0.768 %    —     211,235.75   —     211,235.75   (211,235.75 )    —     0.00

Class C (2007-2)

   0.588 %    —     134,779.79   —     134,779.79   (134,779.79 )    —     0.00

Class C (2007-3)

   0.578 %    —     66,244.06   —     66,244.06   (66,244.06 )    —     0.00

Class C (2007-4)

   1.638 %    —     525,566.71   —     525,566.71   (525,556.71 )    —     0.00
                               

Total Class C

     1,959,693.75   5,307,552.34   —     5,307,552.34   (3,347,858.59 )    3,919,387.50   127.67

Total

     3,222,226.11   57,040,840.96   —     57,040,840.96   (55,012,565.48 )    5,250,501.59   341.31

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		    Withdrawals from
Class C Reserve
sub-Account
Balance		    Ending Class C
Reserve
sub-Account
Balance		    Class C Reserve
sub-Account
Earnings

Class C (2003-3)

    12,911,869.97    0.00    —      12,911,869.97    0.00    0.00

Class C (2003-4)

    12,911,869.97    0.00    —      12,911,869.97    0.00    0.00

Class C (2004-2)

    5,164,747.99    0.00    —      5,164,747.99    0.00    0.00

Class C (2004-3)

    18,980,448.86    0.00    —      18,980,448.86    0.00    0.00

Class C (2004-4)

    7,747,121.98    0.00    —      7,747,121.98    0.00    0.00

Class C (2005-1)

    9,038,308.98    0.00    —      9,038,308.98    0.00    0.00

Class C (2006-1)

    9,038,308.98    0.00    —      9,038,308.98    0.00    0.00

Class C (2006-2)

    5,164,747.99    0.00    —      5,164,747.99    0.00    0.00

Class C (2006-3)

    6,455,934.99    0.00    —      6,455,934.99    0.00    0.00

Class C (2007-1)

    15,494,243.96    0.00    —      15,494,243.96    0.00    0.00

Class C (2007-2)

    12,911,869.97    0.00    —      12,911,869.97    0.00    0.00

Class C (2007-3)

    6,455,934.99    0.00    —      6,455,934.99    0.00    0.00

Class C (2007-4)

    18,076,617.96    0.00    —      18,076,617.96    0.00    0.00

 

14

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

     (Beginning Class D Reserve sub-Account Balance includes Class D Reserve sub-Account Earnings and deposits related to any new issuances)

 

      Beginning Class D
Reserve
sub-Account
Balance		    Targeted Deposits
to Class D
Reserve
sub-Account		    Actual Deposit to
Class D Reserve
sub-Account		    Withdrawals from
Class D Reserve
sub-Account
Balance		    Ending Class D
Reserve
sub-Account
Balance		    Class D Reserve
sub-Account
Earnings

Class D (2002-1)

    449,479,171.60    0.00    0.00    104,962,731.63    344,516,439.97    65,584.80

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
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

                  

 

15

K. 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

           

L. Cizss 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

     

 

16

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

(as of Determination Date, after taking into account all maturities 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 (2003-5)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2004-1)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2004-4)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2004-5)

    21,686,800.00    21,686,800.00    16,867,600.00    16,867,600.00    2,409,800.00    2,409,800.00

Class A (2004-7)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2004-8)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2005- 1)

    81,325,500.00    81,325,500.00    63,253,500.00    63,253,500.00    9,036,750.00    9,036,750.00

Class A (2005- 3)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2005- 4)

    32,530,200.00    32,530,200.00    25,301,400.00    25,301,400.00    3,614,700.00    3,614,700.00

Class A (2005- 6)

    49,337,470.00    49,337,470.00    38,373,790.00    38,373,790.00    5,482,295.00    5,482,295.00

Class A (2005- 7)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2005- 9)

    35,241,050.00    35,241,050.00    27,409,850.00    27,409,850.00    3,915,925.00    3,915,925.00

Class A (2005-10)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2005-11)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2006- 1)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2006- 2)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2006- 3)

    43,373,600.00    43,373,600.00    33,735,200.00    33,735,200.00    4,819,600.00    4,819,600.00

Class A (2006- 4)

    108,434,000.00    108,434,000.00    84,338,000.00    84,338,000.00    12,049,000.00    12,049,000.00

Class A (2006- 5)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2006- 6)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2006- 7)

    108,434,000.00    108,434,000.00    84,338,000.00    84,338,000.00    12,049,000.00    12,049,000.00

Class A (2006- 8)

    32,530,200.00    32,530,200.00    25,301,400.00    25,301,400.00    3,614,700.00    3,614,700.00

Class A (2006- 9)

    81,325,500.00    81,325,500.00    63,253,500.00    63,253,500.00    9,036,750.00    9,036,750.00

Class A (2006-10)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2006-11)

    81,325,500.00    81,325,500.00    63,253,500.00    63,253,500.00    9,036,750.00    9,036,750.00

Class A (2006-12)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2006-13)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2006-14)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2006-A)

                  

Class A (2006-B)

                  

Class A (2006-C)

                  

Class A (2006-D)

                  

Class A (2006-E)

                  

Class A (2007- 1)

    67,771,250.00    67,771,250.00    52,711,250.00    52,711,250.00    7,530,625.00    7,530,625.00

Class A (2007- 2)

    75,903,800.00    75,903,800.00    59,036,600.00    59,036,600.00    8,434,300.00    8,434,300.00

Class A (2007- 3)

    81,325,500.00    81,325,500.00    63,253,500.00    63,253,500.00    9,036,750.00    9,036,750.00

Class A (2007- 4)

    81,325,500.00    81,325,500.00    63,253,500.00    63,253,500.00    9,036,750.00    9,036,750.00

Class A (2007- A)

    21,686,800.00    21,686,800.00    16,867,600.00    16,867,600.00    2,409,800.00    2,409,800.00

Class A (2007-5)

    65,060,400.00    65,060,400.00    50,602,800.00    50,602,800.00    7,229,400.00    7,229,400.00

 

17

     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 (2007-6)

    108,434,000.00    108,434,000.00    84,338,000.00    84,338,000.00    12,049,000.00    12,049,000.00

Class A (2007-7)

    108,434,000.00    108,434,000.00    84,338,000.00    84,338,000.00    12,049,000.00    12,049,000.00

Class A (2007-8)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2007-9)

    81,325,500.00    81,325,500.00    63,253,500.00    63,253,500.00    9,036,750.00    9,036,750.00

Class A (2008-1)

    200,602,900.00    200,602,900.00    156,025,300.00    156,025,300.00    22,290,650.00    22,290,650.00

Class A (2008-2)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2008-3)

    65,060,400.00    65,060,400.00    50,602,800.00    50,602,800.00    7,229,400.00    7,229,400.00

Class A (2008-4)

    78,614,650.00    78,614,650.00    61,145,050.00    61,145,050.00    8,735,525.00    8,735,525.00

Class A (2008-5)

    81,325,500.00    81,325,500.00    63,253,500.00    63,253,500.00    9,036,750.00    9,036,750.00

Class A (2008-6)

    54,217,000.00    54,217,000.00    42,169,000.00    42,169,000.00    6,024,500.00    6,024,500.00

Class A (2008-A)

                  

Class A (2008-B)

                  

Class A (2009-1)

    70,482,100.00    70,482,100.00    54,819,700.00    54,819,700.00    7,831,850.00    7,831,850.00

Class A (2009-2)

    108,434,000.00    108,434,000.00    84,338,000.00    84,338,000.00    12,049,000.00    12,049,000.00

Class A (2009-A)

                  
                             

Total Class A

    3,055,670,120.00    3,055,670,120.00    2,376,644,840.00    2,376,644,840.00    339,540,820.00    339,540,820.00

Class B (2003-5)

          107,145,200.10    107,145,200.10    15,307,361.68    15,307,361.68

Class B (2004-3)

          107,145,200.10    107,145,200.10    15,307,361.68    15,307,361.68

Class B (2004-6)

          142,860,266.81    142,860,266.81    20,409,815.57    20,409,815.57

Class B (2004-7)

          131,863,597.77    131,863,597.77    18,838,770.01    18,838,770.01

Class B (2005-1)

          125,002,733.45    125,002,733.45    17,858,588.62    17,858,588.62

Class B (2005-3)

          71,430,133.40    71,430,133.40    10,204,907.78    10,204,907.78

Class B (2006-1)

          125,002,733.45    125,002,733.45    17,858,588.62    17,858,588.62

Class B (2007- 1)

          250,005,466.90    250,005,466.90    35,717,177.24    35,717,177.24

Class B (2007- 2)

          125,002,733.45    125,002,733.45    17,858,588.62    17,858,588.62

Class B (2007- 3)

          178,575,333.50    178,575,333.50    25,512,269.46    25,512,269.46

Class B (2007- 4)

          178,575,333.50    178,575,333.50    25,512,269.46    25,512,269.46

Class B (2007- 5)

          107,145,200.10    107,145,200.10    15,307,361.68    15,307,361.68

Class B (2008-A)

          250,005,466.90    250,005,466.90    35,717,177.24    35,717,177.24

Class B (2009-A)

          250,005,466.90    250,005,466.90    35,717,177.24    35,717,177.24

Class B (2009-B)

          250,005,466.90    250,005,466.90    35,717,177.24    35,717,177.24
                         

Total Class B

          2,399,770,333.23    2,399,770,333.23    342,844,592.14    342,844,592.14

Class C (2003-3)

                33,548,101.00    33,548,101.00

Class C (2003-4)

                33,548,101.00    33,548,101.00

Class C (2004-2)

                13,419,240.40    13,419,240.40

Class C (2004-3)

                49,315,708.47    49,315,708.47

Class C (2004-4)

                  

Class C (2005-1)

                23,483,670.69    23,483,670.69

Class C (2006-1)

                23,483,670.69    23,483,670.69

Class C (2006-2)

                13,419,240.40    13,419,240.40

 

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     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 C (2006-3)

                16,774,050.50    16,774,050.50

Class C (2007-1)

                40,257,721.20    40,257,721.20

Class C (2007-2)

                33,548,101.00    33,548,101.00

Class C (2007-3)

                16,774,050.50    16,774,050.50

Class C (2007-4)

                46,967,341.40    46,967,341.40
                     

Total Class C

                344,538,997.25    344,538,997.25

 

* All balances for 2006-AA, 2006-AB, 2006-AC, 2006-AD, 2006-AE, 2008-AA and 2008-AB, 2009-AA tranches are as of End of Month.

 

N. Early Redemption Event

   

Current Month Excess Spread Amount

    $ 181,677,065.04
      

Prior Month Excess Spread Amount

    $ 140,352,026.58
      

Two Months Prior Excess Spread Amount

    $ 137,715,370.03
      

Three Month Average Excess Spread Amount

    $ 153,248,153.88
      

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

      YES
      

The amount previously reported in the 10-D filed on August 17, 2009 was incorrect due to a delay in processing Bankruptcy related claims on certain accounts in July 2009, and defaults related to such accounts were excluded from the required reporting. As a result, the Current Month Excess Spread Amount reported for July 2009 was overstated by $2,725,852.74 and the Three Month Average Excess Spread Amount reported for July 2009 was overstated by $908,617.58

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 15th day of October, 2009.

 

Capital One Bank (USA), National Association
as Administrator
By:  

/s/ F. Aubrey Thacker

Name:   F. Aubrey Thacker
Title:   Authorized Officer
Date:   10/15/2009

 

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