EX-99.2 3 d583434dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

CARD SERIES SCHEDULE TO

MONTHLY NOTEHOLDERS’ STATEMENT

Date: 08/12/2013

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1

Monthly Period Ending: July 31, 2013

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 Mellon, 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 Mellon, as Indenture Trustee.

The following computations are prepared with respect to the Transfer Date of August 14, 2013 and with respect to the performance of the Trust during the related Monthly Period from July 1, 2013 through July 31, 2013. Current Distribution Date is August 15, 2013.

Interest Period for all tranches generally includes the previous Distribution Date (or in the case of the initial Interest Payment Date, the Issuance Date) through the day preceding the current Distribution Date.

Interest on floating rate tranches is calculated on the basis of 360-day year and the actual number of days in the related interest Period. Interest on fixed rate tranches is calculated on the basis of a 360-day year and twelve 30-day months.

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

 

Amended and Restated Pooling and Servicing Agreement dated as of August 1, 2002, 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.
Second Amendment to Amended and Restated Pooling and Servicing Agreement dated as of July 15, 2010.    Included in Exhibit 4.1 to Trust’s Form 8-K filed with the SEC on July 15, 2010.
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 (2004-1)

    14041NBG5    15-Aug-13      172,665.69         0.3453313800   

Class A (2004-4)

    14041NBN0    15-Aug-13      176,971.25         0.3539425000   

Class A (2005-9)

    14041NCK5    15-Aug-13      78,649.37         0.2419980615   

Class A (2006-3)

    14041NCQ2    15-Aug-13      1,683,333.33         4.2083333250   

Class A (2006-11)

    14041NDB4    15-Aug-13      181,498.54         0.2419980533   

Class A (2006-12)

    14041NDC2    15-Aug-13      108,082.36         0.2161647200   

Class A (2007-1)

    14041NDG3    15-Aug-13      129,721.01         0.2075536160   

Class A (2007-2)

    14041NDL2    15-Aug-13      163,370.86         0.2333869429   

Class A (2007-A)

    U13554AD9    15-Aug-13      866,666.67         4.3333333500   

Class A (2007-5)

    14041NDT5    15-Aug-13      119,365.50         0.1989425000   

Class A (2007-7)

    14041NDX6    15-Aug-13      4,791,666.67         4.7916666700   

Class A (2013-1)

    14041NEK3    15-Aug-13      393,750.00         0.5250000000   

Class A (2013-2)

    14041NEL1    15-Aug-13      223,648.64         0.3194980571   
        

 

 

     

Total Class A

            9,089,389.89      
        

 

 

     

Class B (2004-3)

    14041NBL4    15-Aug-13      118,966.38         0.7931092000   

Class B (2004-7)

       15-Oct-13      —           0.0000000000   

Class B (2005-1)

    14041NBX8    15-Aug-13      714,583.33         4.0833333143   

Class B (2005-3)

    14041NCG4    15-Oct-13      —           0.0000000000   

Class B (2006-1)

    14041NCT6    15-Aug-13      70,981.60         0.4056091429   

Class B (2007-1)

    14041NDH1    15-Aug-13      138,949.32         0.3969980571   

Class B (2009-C)

       15-Aug-13      —           0.0000000000   
        

 

 

     

Total Class B

            1,043,480.63      
        

 

 

     

Class C (2003-3)

    14041NAV3    15-Aug-13      525,499.51         2.1019980400   

Class C (2004-2)

    14041NBH3    15-Aug-13      106,866.47         1.0686647000   

Class C (2004-3)

       16-Sep-13      —           0.0000000000   

Class C (2007-1)

    14041NDJ7    15-Aug-13      173,349.42         0.5778314000   

Class C (2009-A)

       15-Aug-13      —           0.0000000000   
        

 

 

     

Total Class C

            805,715.40      
        

 

 

     

Total

            10,938,585.92      

 

3

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

NOTHING TO REPORT

            

 

4

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 (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 (2005-9)

      325,000,000.00         325,000,000.00         325,000,000.00         325,000,000.00   

Class A (2006-3)

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

Class A (2006-11)

      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 (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-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 (2007-7)

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

Class A (2013-1)

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

Class A (2013-2)

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

 

 

     

 

 

     

 

 

     

 

 

  

Total Class A

      7,550,000,000.00         7,550,000,000.00         7,550,000,000.00         7,550,000,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

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 (2009-C)

      —           —           —           —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Class B

      1,134,605,000.00         1,134,605,000.00         1,134,605,000.00         1,134,605,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

Class C (2003-3)

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

Class C (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 (2007-1)

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

Class C (2009-A)

      —           —           —           —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Class C

      1,017,500,000.00         1,017,500,000.00         1,017,500,000.00         1,017,500,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

Class D (2002-1)

         98,007,480.06         98,007,480.06         98,007,480.06   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

      9,702,105,000.00         9,800,112,480.06         9,800,112,480.06         9,800,112,480.06   

 

5

D. Nominal Liquidation Amount for Tranches of Notes Outstanding:

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

 

    End of Month
Nominal
Liquidation
Amount		     Increase due to
accretions of
Principal for
Discount Notes		     Withdrawal from
Principal Funding
sub-Account		     Reimbursements
of Nominal
Liquidation
Amount from
Available Funds		     Reductions due
to reallocation of
Card Series
Principal Amounts		     Reduction due to
Investor
Charge-offs		     Reductions due to
deposits into the
Principal Funding
sub-Account		     Nominal
Liquidation
Amount as of the
Distribution Date*		  

Class A (2004-1)

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

Class A (2004-4)

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

Class A (2005-9)

     325,000,000.00        —          —          —          —          —          —          325,000,000.00   

Class A (2006-3)

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

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 (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-A)

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

Class A (2007-5)

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

Class A (2007-7)

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

Class A (2013-1)

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

Class A (2013-2)

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

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class A

     7,550,000,000.00        —          —          —          —          —          —          7,550,000,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

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 (2009-C)

     —          —          —          —          —          —          —          —     
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class B

     1,134,605,000.00        —          —          —          —          —          —          1,134,605,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Class C (2003-3)

     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 (2007-1)

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

Class C (2009-A)

     —          —          —          —          —          —          —          —     
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class C

     1,017,500,000.00        —          —          —          —          —          —          1,017,500,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Class D (2002-1)

     98,007,480.06        —          —          —          —          —          —          98,007,480.06   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total

     9,800,112,480.06        —          —          —          —          —          —          9,800,112,480.06   

 

* 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.

 

6

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

NOTHING TO REPORT

              

 

7

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 (2004-1)

     0.401 %      —          172,665.69        —          172,665.69        (172,665.69 )      —          0.00   

Class A (2004-4)

     0.411 %      —          176,971.25        —          176,971.25        (176,971.25 )      —          0.00   

Class A (2005-9)

     0.281 %      —          78,649.37        —          78,649.37        (78,649.37 )      —          0.00   

Class A (2006-3)

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

Class A (2006-11)

     0.281 %      —          181,498.54        —          181,498.54        (181,498.54 )      —          0.00   

Class A (2006-12)

     0.251 %      —          108,082.36        —          108,082.36        (108,082.36 )      —          0.00   

Class A (2007-1)

     0.241 %      —          129,721.01        —          129,721.01        (129,721.01 )      —          0.00   

Class A (2007-2)

     0.271 %      —          163,370.86        —          163,370.86        (163,370.86 )      —          0.00   

Class A (2007-A)

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

Class A (2007-5)

     0.231 %      —          119,365.50        —          119,365.50        (119,365.50 )      —          0.00   

Class A (2007-7)

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

Class A (2013-1)

     0.630 %      —          393,750.00        —          393,750.00        (393,750.00 )      —          0.00   

Class A (2013-2)

     0.371 %      —          223,648.64        —          223,648.64        (223,648.64 )      —          0.00   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class A

       —          9,089,389.89        —          9,089,389.89        (9,089,389.89 )      —          —     
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Class B (2004-3)

     0.921 %      —          118,966.38        —          118,966.38        (118,966.38 )      —          0.00   

Class B (2004-7)

     0.862 %      —          145,834.88        —          145,834.88        —          145,834.88        1.09   

Class B (2005-1)

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

Class B (2005-3)

     0.818 %      —          70,447.50        —          70,447.50        —          70,447.50        0.56   

Class B (2006-1)

     0.471 %      —          70,981.60        —          70,981.60        (70,981.60 )      —          0.00   

Class B (2007-1)

     0.461 %      —          138,949.32        —          138,949.32        (138,949.32 )      —          0.00   

Class B (2009-C)

     —          —          0.00        —          0.00        —          —          0.00   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class B

       —          1,259,763.01        —          1,259,763.01        (1,043,480.63 )      216,282.38        1.65   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Class C (2003-3)

     2.441 %      —          525,499.51        —          525,499.51        (525,499.51 )      —          0.00   

Class C (2004-2)

     1.241 %      —          106,866.47        —          106,866.47        (106,866.47 )      —          0.00   

Class C (2004-3)

     6.399 %      1,959,693.75        1,959,693.75        —          1,959,693.75        —          3,919,387.50        9.16   

Class C (2007-1)

     0.671 %      —          173,349.42        —          173,349.42        (173,349.42 )      —          0.00   

Class C (2009-A)

     —          —          0.00        —          0.00        —          —          0.00   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class C

       1,959,693.75        2,765,409.15        —          2,765,409.15        (805,715.40 )      3,919,387.50        9.16   

Total

       1,959,693.75        13,114,562.05        —          13,114,562.05        (10,938,585.92 )      4,135,669.88        10.81   

 

8

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

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

NOTHING TO REPORT

            

I. Targeted Deposits to Accumulation Reserve sub-Accounts:

 

    Beginning
Accumulation
Reserve
sub-Account
Balance		   Targeted
Deposit to
Accumulation
Reserve
sub-Account		   Actual
Deposit to
Accumulation
Reserve
sub-Account		   Withdrawals from
Accumulation
Reserve Account
for Interest		   Withdrawals from
Accumulation
Reserve Account
for Payments to
Issuer		   Ending
Accumulation
Reserve
sub-Account
Balance		   Accumulation
Reserve
sub-Account
Earnings

NOTHING TO REPORT

              

 

9

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

      

 

10

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 (2004-1)

      44,179,650.00         44,179,650.00         52,206,350.00         52,206,350.00         6,024,500.00         6,024,500.00   

Class A (2004-4)

      44,179,650.00         44,179,650.00         52,206,350.00         52,206,350.00         6,024,500.00         6,024,500.00   

Class A (2005-9)

      28,716,772.50         28,716,772.50         33,934,127.50         33,934,127.50         3,915,925.00         3,915,925.00   

Class A (2006-3)

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

Class A (2006-11)

      66,269,475.00         66,269,475.00         78,309,525.00         78,309,525.00         9,036,750.00         9,036,750.00   

Class A (2006-12)

      44,179,650.00         44,179,650.00         52,206,350.00         52,206,350.00         6,024,500.00         6,024,500.00   

Class A (2007-1)

      55,224,562.50         55,224,562.50         65,257,937.50         65,257,937.50         7,530,625.00         7,530,625.00   

Class A (2007-2)

      61,851,510.00         61,851,510.00         73,088,890.00         73,088,890.00         8,434,300.00         8,434,300.00   

Class A (2007-A)

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

Class A (2007-5)

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

Class A (2007-7)

      88,359,300.00         88,359,300.00         104,412,700.00         104,412,700.00         12,049,000.00         12,049,000.00   

Class A (2013-1)

      66,269,475.00         66,269,475.00         78,309,525.00         78,309,525.00         9,036,750.00         9,036,750.00   

Class A (2013-2)

      61,851,510.00         61,851,510.00         73,088,890.00         73,088,890.00         8,434,300.00         8,434,300.00   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total Class A

      667,112,715.00         667,112,715.00         788,315,885.00         788,315,885.00         90,969,950.00         90,969,950.00   

Class B (2004-3)

            108,921,515.04         108,921,515.04         12,698,462.17         12,698,462.17   

Class B (2004-7)

            134,049,708.56         134,049,708.56         15,627,997.39         15,627,997.39   

Class B (2005-1)

            127,075,100.88         127,075,100.88         14,814,872.53         14,814,872.53   

Class B (2005-3)

            72,614,343.36         72,614,343.36         8,465,641.45         8,465,641.45   

Class B (2006-1)

            127,075,100.88         127,075,100.88         14,814,872.53         14,814,872.53   

Class B (2007-1)

            254,150,201.77         254,150,201.77         29,629,745.06         29,629,745.06   

Class B (2009-C)

                  
        

 

 

     

 

 

     

 

 

     

 

 

  

Total Class B

            823,885,970.49         823,885,970.49         96,051,591.13         96,051,591.13   

Class C (2003-3)

                  24,080,461.93         24,080,461.93   

Class C (2004-2)

                  9,632,184.78         9,632,184.78   

Class C (2004-3)

                  35,398,279.03         35,398,279.03   

Class C (2007-1)

                  28,896,554.32         28,896,554.32   

Class C (2009-A)

                  
              

 

 

     

 

 

  

Total Class C

                  98,007,480.06         98,007,480.06   

 

* 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.

 

11

N. Early Redemption Event

 

Current Month Excess Spread Amount

    $ 120,639,762.83   
  

 

 

  

Prior Month Excess Spread Amount

    $ 112,271,757.22   
  

 

 

  

Two Months Prior Excess Spread Amount

    $ 121,743,071.68   
  

 

 

  

Three Month Average Excess Spread Amount

    $ 118,218,197.24   
  

 

 

  

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

      YES   
  

 

 

  

O. Repurchase Demand Activity (Rule 15Ga-1)

Nothing to Report

Most Recent Form ABS - 15G

Filed by: Capital One Funding, LLC

CIK#: 00011633221

Date: February 14, 2013

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 12th day of August, 2013.

 

Capital One Bank (USA), National Association
as Administrator
By:   /s/ Tamara Schulz
Name:   Tamara Schulz
Title:   Authorized Officer
Date:   08/12/2013

 

12