EX-99.2 3 dex992.htm EXHIBIT 99.2 Exhibit 99.2

Exhibit 99.2

CARD SERIES SCHEDULE TO

MONTHLY NOTEHOLDERS’ STATEMENT

Date: 03/10/2010

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1

Monthly Period Ending: February 28, 2010

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 March 12, 2010 and with respect to the performance of the Trust during the related Monthly Period from February 1, 2010 through February 28, 2010. Current Distribution Date is March 15, 2010.

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    15-Mar-10    195,236.25    0.3904725000

Class A (2004-1)

    14041NBG5    15-Mar-10    165,236.25    0.3304725000

Class A (2004-4)

    14041NBN0    15-Mar-10    168,986.25    0.3379725000

Class A (2004-5)

    14041NBP5    15-Mar-10    57,094.50    0.2854725000

Class A (2004-7)

    14041NBU4    17-May-10    —      0.0000000000

Class A (2004-8)

    14041NBW0    15-Mar-10    135,236.25    0.2704725000

Class A (2005- 1)

    14041NBY6    15-Mar-10    169,104.38    0.2254725067

Class A (2005- 3)

    14041NCC3    15-Mar-10    1,687,500.00    3.3750000000

Class A (2005- 4)

    14041NCD1    15-Mar-10    51,891.75    0.1729725000

Class A (2005- 6)

    14041NCF6    15-Apr-10    —      0.0000000000

Class A (2005- 7)

    14041NCH2    15-Mar-10    1,958,333.33    3.9166666600

Class A (2005- 9)

    14041NCK5    15-Mar-10    78,153.56    0.2404724923

Class A (2005-10)

    14041NCL3    15-Mar-10    116,486.25    0.2329725000

Class A (2005-11)

    14041NCM1    15-Mar-10    101,486.25    0.2029725000

Class A (2006- 1)

    14041NCN9    15-Mar-10    99,611.25    0.1992225000

Class A (2006- 2)

    14041NCP4    15-Mar-10    2,020,833.33    4.0416666600

Class A (2006- 3)

    14041NCQ2    15-Mar-10    1,683,333.33    4.2083333250

Class A (2006- 4)

    14041NCR0    15-Mar-10    202,972.50    0.2029725000

Class A (2006- 5)

    14041NCS8    15-Mar-10    108,986.25    0.2179725000

Class A (2006- 6)

    14041NCU3    15-Mar-10    2,208,333.33    4.4166666600

Class A (2006- 7)

    14041NCV1    15-Mar-10    195,472.50    0.1954725000

Class A (2006- 8)

    14041NCX7    15-Mar-10    58,641.75    0.1954725000

Class A (2006- 9)

    14041NCY5    15-Mar-10    138,166.88    0.1842225067

Class A (2006-10)

    14041NDA6    15-Mar-10    2,145,833.33    4.2916666600

Class A (2006-11)

    14041NDB4    15-Mar-10    180,354.38    0.2404725067

Class A (2006-12)

    14041NDC2    15-Mar-10    108,986.25    0.2179725000

Class A (2006-14)

    14041NDF5    15-Mar-10    90,236.25    0.1804725000

Class A (2006-A)

       15-Mar-10    499,338.20    0.9320979733

Class A (2006-B)

       15-Mar-10    559,332.21    0.5593322100

Class A (2006-C)

       15-Mar-10    972,172.50    1.2373104546

Class A (2006-D)

       15-Mar-10    389,006.28    0.7780125600

Class A (2006-E)

       15-Mar-10    252,269.50    0.9418061333

Class A (2007- 1)

    14041NDG3    15-Mar-10    131,545.31    0.2104724960

Class A (2007- 2)

    14041NDL2    15-Mar-10    163,080.75    0.2329725000

Class A (2007- 3)

    14041NDP3    15-Mar-10    129,729.38    0.1729725067

Class A (2007- 4)

    14041NDS7    15-Mar-10    146,604.38    0.1954725067

Class A (2007- A)

    U13554AD9    15-Mar-10    866,666.67    4.3333333500

Class A (2007-5)

    14041NDT5    15-Mar-10    121,783.50    0.2029725000

Class A (2007-6)

    14041NDW8    15-Mar-10    225,472.50    0.2254725000

Class A (2007-7)

    14041NDX6    15-Mar-10    4,791,666.67    4.7916666700

Class A (2007-8)

    14041NDY4    15-Mar-10    692,037.50    1.3840750000

 

3

     CUSIP
Number		   

Interest
Payment
Date

    Total Amount of
Interest to be paid		    Per $1000 of
Outstanding Dollar
Principal Amount

Class A (2008-2)

    14041NEC1    15-Mar-10    461,486.25    0.9229725000

Class A (2008-3)

    14041N ED9    15-Mar-10    2,525,000.00    4.2083333333

Class A (2008-4)

    14041NEE7    15-Mar-10    832,280.06    1.1479724966

Class A (2008-5)

    14041N EF4    15-Mar-10    3,031,250.00    4.0416666667

Class A (2008-6)

    14041NEG2    15-Mar-10    498,986.25    0.9979725000

Class A (2008-B)

       15-Mar-10    183,873.77    0.6129125667

Class A (2009-1)

    14041NEH0    15-Mar-10    648,682.13    0.9979725077

Class A (2009-2)

    14041NEJ6    15-Mar-10    2,666,666.67    2.6666666700

Class A (2009-A)

       15-Mar-10    162,735.08    1.5188607467
             

Total Class A

          35,078,171.91   

Class B (2003-5)

    14041NBA8    15-Mar-10    598,750.00    3.9916666667

Class B (2004-3)

    14041NBL4    15-Mar-10    108,070.88    0.7204725333

Class B (2004-7)

       15-Apr-10    —      0.0000000000

Class B (2005-1)

    14041NBX8    15-Mar-10    714,583.33    4.0833333143

Class B (2005-3)

    14041NCG4    15-Apr-10    —      0.0000000000

Class B (2006-1)

    14041NCT6    15-Mar-10    67,020.19    0.3829725143

Class B (2007- 1)

    14041NDH1    15-Mar-10    131,415.38    0.3754725143

Class B (2007- 3)

    14041NDQ1    15-Mar-10    1,052,083.33    4.2083333200

Class B (2007- 4)

    14041NDR9    15-Mar-10    60,118.13    0.2404725200

Class B (2007- 5)

    14041NDV0    15-Mar-10    675,000.00    4.5000000000

Class B (2009-B)

       15-Mar-10    1,735,290.38    4.9579725143

Class B (2009-C)

       15-Mar-10    1,303,939.62    2.2354725018
             

Total Class B

          6,446,271.24   

Class C (2003-3)

    14041NAV3    15-Mar-10    465,118.13    1.8604725200

Class C (2003-4)

    14041NAZ4    15-Mar-10    1,250,000.00    5.0000000000

Class C (2004-2)

    14041NBH3    15-Mar-10    96,047.25    0.9604725000

Class C (2004-3)

       15-Mar-10    5,879,081.25    15.9975000000

Class C (2005-1)

    14041NBZ3    15-Mar-10    82,770.19    0.4729725143

Class C (2006-1)

    14041NCW9    15-Mar-10    68,332.69    0.3904725143

Class C (2006-2)

    14041NCZ2    15-Mar-10    39,797.25    0.3979725000

Class C (2006-3)

    14041NDD0    15-Mar-10    51,621.56    0.4129724800

Class C (2007-1)

    14041NDJ7    15-Mar-10    159,891.75    0.5329725000

Class C (2007-2)

    14041NDK4    15-Mar-10    99,493.13    0.3979725200

Class C (2007-3)

    14041NDU2    15-Mar-10    48,809.06    0.3904724800

Class C (2007-4)

    14041NEA5    15-Mar-10    414,915.38    1.1854725143

Class C (2009-A)

       15-Mar-10    146,299.00    2.0479724374
             

Total Class C

          8,802,176.64   

Total

          50,326,619.79   

 

4

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-B)

       15-Mar-10    1,000,000,000.00    1,000.0000000000

Class A (2006-C)

       15-Mar-10    700,000,000.00    1,000.0000000000

Class A (2006-D)

       15-Mar-10    500,000,000.00    1,000.0000000000

Class A (2008-2)

    14041NEC1    15-Mar-10    500,000,000.00    1,000.0000000000

Class A (2008-B)

       15-Mar-10    300,000,000.00    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 (2006-14)

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

Class A (2006-A)

    —      —      —      —  

Class A (2006-B)

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

Class A (2006-C)

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

Class A (2006-D)

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

Class A (2006-E)

    —      —      —      —  

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

Class A (2007- 4)

    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- 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 (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-B)

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

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

    27,580,000,000.00    27,580,000,000.00    27,580,000,000.00    27,580,000,000.00

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 (2004-7)

    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- 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 (2009-B)

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

Class B (2009-C)

    583,294,860.00    583,294,860.00    583,294,860.00    583,294,860.00
                   

Total Class B

    2,867,899,860.00    2,867,899,860.00    2,867,899,860.00    2,867,899,860.00

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 (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 (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

 

7

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

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

Class C (2009-A)

    71,436,020.00    71,436,020.00    71,436,020.00    71,436,020.00
                   

Total Class C

    2,638,936,020.00    2,638,936,020.00    2,638,936,020.00    2,638,936,020.00

Class D (2002-1)

       334,232,649.09    334,232,649.09    334,232,649.09
                   

Total

    33,086,835,880.00    33,421,068,529.09    33,421,068,529.09    33,421,068,529.09

 

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 (2006-14)

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

Class A (2006-A)

   —     —     —     —     —     —     —     —  

Class A (2006-B)

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

Class A (2006-C)

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

Class A (2006-D)

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

Class A (2006-E)

   —     —     —     —     —     —     —     —  

Class A (2007- 1)

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

Class A (2007- 2)

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

Class A (2007- 3)

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

 

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- 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 (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-B)

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

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

   27,580,000,000.00   —     —     —     —     —     3,000,000,000.00   24,580,000,000.00

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 (2004-7)

   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- 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 (2009-B)

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

Class B (2009-C)

   583,294,860.00   —     —     —     —     —     —     583,294,860.00
                               

Total Class B

   2,867,899,860.00   —     —     —     —     —     —     2,867,899,860.00

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 (2004-2)

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

Class C (2004-3)

   367,500,000.00   —     —     —     —     —     —     367,500,000.00

Class C (2005-1)

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

Class C (2006-1)

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

 

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 (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

Class C (2009-A)

   71,436,020.00   —     —     —     —     —     —     71,436,020.00
                               

Total Class C

   2,638,936,020.00   —     —     —     —     —     —     2,638,936,020.00

Class D (2002-1)

   334,232,649.09   —     —     —     —     —     —     303,927,601.72
                               

Total

   33,421,068,529.09   —     —     —     —     —     3,000,000,000.00   30,390,763,481.72

 

* 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-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

Class A (2006-B)

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

Class A (2006-C)

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

Class A (2006-D)

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

Class A (2008-2)

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

Class A (2008-B)

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

 

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)

    0.521 %    —      195,236.25    —      195,236.25    (195,236.25 )    —      0.00

Class A (2004-1)

    0.441 %    —      165,236.25    —      165,236.25    (165,236.25 )    —      0.00

Class A (2004-4)

    0.451 %    —      168,986.25    —      168,986.25    (168,986.25 )    —      0.00

Class A (2004-5)

    0.381 %    —      57,094.50    —      57,094.50    (57,094.50 )    —      0.00

Class A (2004-7)

    0.400 %    —      150,000.00    —      150,000.00    —        150,000.00    1.34

Class A (2004-8)

    0.361 %    —      135,236.25    —      135,236.25    (135,236.25 )    —      0.00

Class A (2005- 1)

    0.301 %    —      169,104.38    —      169,104.38    (169,104.38 )    —      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)

    0.231 %    —      51,891.75    —      51,891.75    (51,891.75 )    —      0.00

Class A (2005- 6)

    0.301 %    121,838.89    102,801.56    —      102,801.56    —        224,640.45    0.14

Class A (2005- 7)

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

Class A (2005- 9)

    0.321 %    —      78,153.56    —      78,153.56    (78,153.56 )    —      0.00

Class A (2005-10)

    0.311 %    —      116,486.25    —      116,486.25    (116,486.25 )    —      0.00

Class A (2005-11)

    0.271 %    —      101,486.25    —      101,486.25    (101,486.25 )    —      0.00

Class A (2006- 1)

    0.266 %    —      99,611.25    —      99,611.25    (99,611.25 )    —      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)

    0.271 %    —      202,972.50    —      202,972.50    (202,972.50 )    —      0.00

Class A (2006- 5)

    0.291 %    —      108,986.25    —      108,986.25    (108,986.25 )    —      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)

    0.261 %    —      195,472.50    —      195,472.50    (195,472.50 )    —      0.00

Class A (2006- 8)

    0.261 %    —      58,641.75    —      58,641.75    (58,641.75 )    —      0.00

Class A (2006- 9)

    0.246 %    —      138,166.88    —      138,166.88    (138,166.88 )    —      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)

    0.321 %    —      180,354.38    —      180,354.38    (180,354.38 )    —      0.00

Class A (2006-12)

    0.291 %    —      108,986.25    —      108,986.25    (108,986.25 )    —      0.00

Class A (2006-14)

    0.241 %    —      90,236.25    —      90,236.25    (90,236.25 )    —      0.00

Class A (2006-A)

    —        —      499,338.20    —      499,338.20    (499,338.20 )    —      0.00

Class A (2006-B)

    —        —      559,332.21    —      559,332.21    (559,332.21 )    —      0.00

Class A (2006-C)

    —        —      972,172.50    —      972,172.50    (972,172.50 )    —      0.00

Class A (2006-D)

    —        —      389,006.28    —      389,006.28    (389,006.28 )    —      0.00

Class A (2006-E)

    —        —      252,269.50    —      252,269.50    (252,269.50 )    —      0.00

Class A (2007- 1)

    0.281 %    —      131,545.31    —      131,545.31    (131,545.31 )    —      0.00

Class A (2007- 2)

    0.311 %    —      163,080.75    —      163,080.75    (163,080.75 )    —      0.00

Class A (2007- 3)

    0.231 %    —      129,729.38    —      129,729.38    (129,729.38 )    —      0.00

Class A (2007- 4)

    0.261 %    —      146,604.38    —      146,604.38    (146,604.38 )    —      0.00

Class A (2007- A)

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

Class A (2007-5)

    0.271 %    —      121,783.50    —      121,783.50    (121,783.50 )    —      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 (2007-6)

    0.301 %    —      225,472.50    —      225,472.50    (225,472.50 )    —      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)

    0.554 %    484,426.25    207,611.25    —      207,611.25    (692,037.50 )    —      1.47

Class A (2008-2)

    1.231 %    —      461,486.25    —      461,486.25    (461,486.25 )    —      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)

    1.531 %    —      832,280.06    —      832,280.06    (832,280.06 )    —      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)

    1.331 %    —      498,986.25    —      498,986.25    (498,986.25 )    —      0.00

Class A (2008-B)

    —        —      183,873.77    —      183,873.77    (183,873.77 )    —      0.00

Class A (2009-1)

    1.331 %    —      648,682.13    —      648,682.13    (648,682.13 )    —      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)

    —        —      162,735.08    —      162,735.08    (162,735.08 )    —      0.00
                                     

Total Class A

      606,265.14    34,846,547.22    —      34,846,547.22    (35,078,171.91 )    374,640.45    2.95

Class B (2003-5)

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

Class B (2004-3)

    0.961 %    —      108,070.88    —      108,070.88    (108,070.88 )    —      0.00

Class B (2004-7)

    0.845 %    125,726.52    117,055.72    —      117,055.72    —        242,782.24    0.14

Class B (2005-1)

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

Class B (2005-3)

    0.801 %    71,222.22    60,093.75    —      60,093.75    —        131,315.97    0.08

Class B (2006-1)

    0.511 %    —      67,020.19    —      67,020.19    (67,020.19 )    —      0.00

Class B (2007- 1)

    0.501 %    —      131,415.38    —      131,415.38    (131,415.38 )    —      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)

    0.321 %    —      60,118.13    —      60,118.13    (60,118.13 )    —      0.00

Class B (2007- 5)

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

Class B (2009-B)

    —        —      1,735,290.38    —      1,735,290.38    (1,735,290.38 )    —      0.00

Class B (2009-C)

    —        —      1,303,939.62    —      1,303,939.62    (1,303,939.62 )    —      0.00
                                     

Total Class B

      196,948.74    6,623,420.71    —      6,623,420.71    (6,446,271.24 )    374,098.21    0.22

Class C (2003-3)

    2.481 %    —      465,118.13    —      465,118.13    (465,118.13 )    —      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)

    1.281 %    —      96,047.25    —      96,047.25    (96,047.25 )    —      0.00

Class C (2004-3)

    6.399 %    3,919,387.50    1,959,693.75    —      1,959,693.75    (5,879,081.25 )    —      12.12

Class C (2005-1)

    0.631 %    —      82,770.19    —      82,770.19    (82,770.19 )    —      0.00

Class C (2006-1)

    0.521 %    —      68,332.69    —      68,332.69    (68,332.69 )    —      0.00

Class C (2006-2)

    0.531 %    —      39,797.25    —      39,797.25    (39,797.25 )    —      0.00

Class C (2006-3)

    0.551 %    —      51,621.56    —      51,621.56    (51,621.56 )    —      0.00

Class C (2007-1)

    0.711 %    —      159,891.75    —      159,891.75    (159,891.75 )    —      0.00

Class C (2007-2)

    0.531 %    —      99,493.13    —      99,493.13    (99,493.13 )    —      0.00

Class C (2007-3)

    0.521 %    —      48,809.06    —      48,809.06    (48,809.06 )    —      0.00

 

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 (2007-4)

    1.581 %    —      414,915.38    —      414,915.38    (414,915.38 )    —      0.00

Class C (2009-A)

    —        —      146,299.00    —      146,299.00    (146,299.00 )    —      0.00
                                     

Total Class C

      3,919,387.50    4,882,789.14    —      4,882,789.14    (8,802,176.64 )    —      12.12

Total

      4,722,601.38    46,352,757.07    —      46,352,757.07    (50,326,619.79 )    748,738.66    15.29

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

 

     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

Class D (2002-1)

    83,552,671.32    167,104,301.93    167,104,301.93    22,727,287.86    227,930,726.11    1,040.72

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

                     

 

14

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

                  

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. Class C Usage of Class D Subordination Amounts:

 

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

NOTHING TO REPORT

      

 

15

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)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2004-1)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2004-4)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2004-5)

    20,671,860.00    20,671,860.00    17,882,540.00    17,882,540.00    2,409,800.00    2,409,800.00

Class A (2004-7)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2004-8)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2005- 1)

    77,519,475.00    77,519,475.00    67,059,525.00    67,059,525.00    9,036,750.00    9,036,750.00

Class A (2005- 3)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2005- 4)

    31,007,790.00    31,007,790.00    26,823,810.00    26,823,810.00    3,614,700.00    3,614,700.00

Class A (2005- 6)

    47,028,481.50    47,028,481.50    40,682,778.50    40,682,778.50    5,482,295.00    5,482,295.00

Class A (2005- 7)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2005- 9)

    33,591,772.50    33,591,772.50    29,059,127.50    29,059,127.50    3,915,925.00    3,915,925.00

Class A (2005-10)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2005-11)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2006- 1)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2006- 2)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2006- 3)

    41,343,720.00    41,343,720.00    35,765,080.00    35,765,080.00    4,819,600.00    4,819,600.00

Class A (2006- 4)

    103,359,300.00    103,359,300.00    89,412,700.00    89,412,700.00    12,049,000.00    12,049,000.00

Class A (2006- 5)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2006- 6)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2006- 7)

    103,359,300.00    103,359,300.00    89,412,700.00    89,412,700.00    12,049,000.00    12,049,000.00

Class A (2006- 8)

    31,007,790.00    31,007,790.00    26,823,810.00    26,823,810.00    3,614,700.00    3,614,700.00

Class A (2006- 9)

    77,519,475.00    77,519,475.00    67,059,525.00    67,059,525.00    9,036,750.00    9,036,750.00

Class A (2006-10)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2006-11)

    77,519,475.00    77,519,475.00    67,059,525.00    67,059,525.00    9,036,750.00    9,036,750.00

Class A (2006-12)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    6,024,500.00    6,024,500.00

Class A (2006-14)

    51,679,650.00    51,679,650.00    44,706,350.00    44,706,350.00    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)

    64,599,562.50    64,599,562.50    55,882,937.50    55,882,937.50    7,530,625.00    7,530,625.00

Class A (2007- 2)

    72,351,510.00    72,351,510.00    62,588,890.00    62,588,890.00    8,434,300.00    8,434,300.00

Class A (2007- 3)

    77,519,475.00    77,519,475.00    67,059,525.00    67,059,525.00    9,036,750.00    9,036,750.00

Class A (2007- 4)

    77,519,475.00    77,519,475.00    67,059,525.00    67,059,525.00    9,036,750.00    9,036,750.00

Class A (2007- A)

    20,671,860.00    20,671,860.00    17,882,540.00    17,882,540.00    2,409,800.00    2,409,800.00

Class A (2007-5)

    62,015,580.00    62,015,580.00    53,647,620.00    53,647,620.00    7,229,400.00    7,229,400.00

Class A (2007-6)

    103,359,300.00    103,359,300.00    89,412,700.00    89,412,700.00    12,049,000.00    12,049,000.00

 

16

    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 (2007-7)

   103,359,300.00   103,359,300.00   89,412,700.00   89,412,700.00   12,049,000.00   12,049,000.00

Class A (2007-8)

   51,679,650.00   51,679,650.00   44,706,350.00   44,706,350.00   6,024,500.00   6,024,500.00

Class A (2008-2)

            

Class A (2008-3)

   62,015,580.00   62,015,580.00   53,647,620.00   53,647,620.00   7,229,400.00   7,229,400.00

Class A (2008-4)

   74,935,492.50   74,935,492.50   64,824,207.50   64,824,207.50   8,735,525.00   8,735,525.00

Class A (2008-5)

   77,519,475.00   77,519,475.00   67,059,525.00   67,059,525.00   9,036,750.00   9,036,750.00

Class A (2008-6)

   51,679,650.00   51,679,650.00   44,706,350.00   44,706,350.00   6,024,500.00   6,024,500.00

Class A (2008-B)

            

Class A (2009-1)

   67,183,545.00   67,183,545.00   58,118,255.00   58,118,255.00   7,831,850.00   7,831,850.00

Class A (2009-2)

   103,359,300.00   103,359,300.00   89,412,700.00   89,412,700.00   12,049,000.00   12,049,000.00

Class A (2009-A)

            
                       

Total Class A

   2,540,571,594.00   2,540,571,594.00   2,197,764,166.00   2,197,764,166.00   296,164,420.00   296,164,420.00

Class B (2003-5)

       116,252,468.72   116,252,468.72   15,676,409.20   15,676,409.20

Class B (2004-3)

       116,252,468.72   116,252,468.72   15,676,409.20   15,676,409.20

Class B (2004-7)

       143,071,913.25   143,071,913.25   19,292,956.79   19,292,956.79

Class B (2005-1)

       135,627,880.17   135,627,880.17   18,289,144.07   18,289,144.07

Class B (2005-3)

       77,501,645.81   77,501,645.81   10,450,939.46   10,450,939.46

Class B (2006-1)

       135,627,880.17   135,627,880.17   18,289,144.07   18,289,144.07

Class B (2007- 1)

       271,255,760.35   271,255,760.35   36,578,288.12   36,578,288.12

Class B (2007- 3)

       193,754,114.54   193,754,114.54   26,127,348.66   26,127,348.66

Class B (2007- 4)

       193,754,114.54   193,754,114.54   26,127,348.66   26,127,348.66

Class B (2007- 5)

       116,252,468.72   116,252,468.72   15,676,409.20   15,676,409.20

Class B (2009-B)

       271,255,760.35   271,255,760.35   36,578,288.12   36,578,288.12

Class B (2009-C)

       452,063,116.45   452,063,116.45   60,959,792.71   60,959,792.71
                   

Total Class B

       2,222,669,591.79   2,222,669,591.79   299,722,478.26   299,722,478.26

Class C (2003-3)

           28,792,626.97   28,792,626.97

Class C (2003-4)

           28,792,626.97   28,792,626.97

Class C (2004-2)

           11,517,050.79   11,517,050.79

Class C (2004-3)

           42,325,161.65   42,325,161.65

Class C (2005-1)

           20,154,838.88   20,154,838.88

Class C (2006-1)

           20,154,838.88   20,154,838.88

Class C (2006-2)

           11,517,050.79   11,517,050.79

Class C (2006-3)

           14,396,313.49   14,396,313.49

Class C (2007-1)

           34,551,152.37   34,551,152.37

Class C (2007-2)

           28,792,626.97   28,792,626.97

Class C (2007-3)

           14,396,313.49   14,396,313.49

Class C (2007-4)

           40,309,677.76   40,309,677.76

Class C (2009-A)

           8,227,322.71   8,227,322.71
               

Total Class C

           303,927,601.72   303,927,601.72

 

* 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.

 

17

N. Early Redemption Event

 

Current Month Excess Spread Amount

    $ 178,314,539.24

Prior Month Excess Spread Amount

    $ 160,107,706.91

Two Months Prior Excess Spread Amount

    $ 235,856,243.16

Three Month Average Excess Spread Amount

    $ 191,426,163.10

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

      YES

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 10th day of March, 2010.

 

Capital One Bank (USA), National Association

as Administrator

By:   /s/ Pam Koch
Name:   Pam Koch
Title:   Authorized Officer
Date:   03/10/2010

 

18