EX-99.2 3 d659137dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

CARD SERIES SCHEDULE TO

MONTHLY NOTEHOLDERS’ STATEMENT

Date: 01/10/2014

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1

Monthly Period Ending: December 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 January 14, 2014 and with respect to the performance of the Trust during the related Monthly Period from December 1, 2013 through December 31, 2013. Current Distribution Date is January 15, 2014.

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.
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-Jan-14      156,916.67         0.3138333400   

Class A (2004-4)

      14041NBN0       15-Jan-14      161,083.33         0.3221666600   

Class A (2005- 9)

      14041NCK5       15-Jan-14      69,495.83         0.2138333231   

Class A (2006- 3)

      14041NCQ2       15-Jan-14      1,683,333.33         4.2083333250   

Class A (2006-11)

      14041NDB4       15-Jan-14      160,375.00         0.2138333333   

Class A (2007- 1)

      14041NDG3       15-Jan-14      112,812.50         0.1805000000   

Class A (2007- 2)

      14041NDL2       15-Jan-14      143,850.00         0.2055000000   

Class A (2007- A)

      U13554AD9       15-Jan-14      866,666.67         4.3333333500   

Class A (2007-5)

      14041NDT5       15-Jan-14      103,300.00         0.1721666667   

Class A (2007-7)

      14041NDX6       15-Jan-14      4,791,666.67         4.7916666700   

Class A (2013-1)

      14041NEK3       15-Jan-14      393,750.00         0.5250000000   

Class A (2013-2)

      14041NEL1       15-Jan-14      202,183.33         0.2888333286   

Class A (2013-3)

      14041NEM9       15-Jan-14      600,000.00         0.8000000000   
        

 

 

     

Total Class A

            9,445,433.33      
        

 

 

     

Class B (2004-3)

      14041NBL4       15-Jan-14      112,075.00         0.7471666667   

Class B (2004-7)

       15-Jan-14      395,223.93         2.1409167141   

Class B (2005-1)

      14041NBX8       15-Jan-14      714,583.33         4.0833333143   

Class B (2005-3)

      14041NCG4       15-Jan-14      202,681.11         2.0268111000   

Class B (2006-1)

      14041NCT6       15-Jan-14      65,129.17         0.3721666857   

Class B (2007- 1)

      14041NDH1       15-Jan-14      127,341.67         0.3638333429   

Class B (2009-C)

       15-Jan-14      —           0.0000000000   
        

 

 

     

Total Class B

            1,617,034.21      
        

 

 

     

Class C (2004-2)

      14041NBH3       15-Jan-14      101,383.33         1.0138333000   

Class C (2004-3)

       17-Mar-14      —           0.0000000000   

Class C (2007-1)

      14041NDJ7       15-Jan-14      161,650.00         0.5388333333   

Class C (2009-A)

       15-Jan-14      —           0.0000000000   
        

 

 

     

Total Class C

            263,033.33      
        

 

 

     

Total

            11,325,500.87      

 

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 (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   

Class A (2013-3)

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

 

 

     

 

 

     

 

 

     

 

 

  

Total Class A

      7,800,000,000.00         7,800,000,000.00         7,800,000,000.00         7,800,000,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

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 (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

      767,500,000.00         767,500,000.00         767,500,000.00         767,500,000.00   
  

 

 

     

 

 

     

 

 

     

 

 

  

Class D (2002-1)

         98,007,575.87         98,007,575.87         98,007,575.87   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

      9,702,105,000.00         9,800,112,575.87         9,800,112,575.87         9,800,112,575.87   

 

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 (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   

Class A (2013-3)

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

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class A

     7,800,000,000.00        —          —          —          —          —          —          7,800,000,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

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 (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

     767,500,000.00        —          —          —          —          —          —          767,500,000.00   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Class D (2002-1)

     98,007,575.87        —          —          —          —          —          —          98,007,575.87   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total

     9,800,112,575.87        —          —          —          —          —          —          9,800,112,575.87   

 

6

* 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

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)

     0.377 %      —          156,916.67        —          156,916.67        (156,916.67 )      —          0.00   

Class A (2004-4)

     0.387 %      —          161,083.33        —          161,083.33        (161,083.33 )      —          0.00   

Class A (2005- 9)

     0.257 %      —          69,495.83        —          69,495.83        (69,495.83 )      —          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)

     0.257 %      —          160,375.00        —          160,375.00        (160,375.00 )      —          0.00   

Class A (2007-1)

     0.217 %      —          112,812.50        —          112,812.50        (112,812.50 )      —          0.00   

Class A (2007-2)

     0.247 %      —          143,850.00        —          143,850.00        (143,850.00 )      —          0.00   

Class A (2007-A)

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

Class A (2007-5)

     0.207 %      —          103,300.00        —          103,300.00        (103,300.00 )      —          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)

     0.347 %      —          202,183.33        —          202,183.33        (202,183.33 )      —          0.00   

Class A (2013-3)

     0.960 %      —          600,000.00        —          600,000.00        (600,000.00 )      —          0.00   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class A

       —          9,445,433.33        —          9,445,433.33        (9,445,433.33 )      —          —     
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Class B (2004-3)

     0.897 %      —          112,075.00        —          112,075.00        (112,075.00 )      —          0.00   

Class B (2004-7)

     0.838 %      266,346.56        128,877.37        —          128,877.37        (395,223.93 )      —          1.75   

Class B (2005-1)

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

Class B (2005-3)

     0.793 %      136,589.44        66,091.67        —          66,091.67        (202,681.11 )      —          0.91   

Class B (2006-1)

     0.447 %      —          65,129.17        —          65,129.17        (65,129.17 )      —          0.00   

Class B (2007- 1)

     0.437 %      —          127,341.67        —          127,341.67        (127,341.67 )      —          0.00   

Class B (2009-C)

     —          —          0.00        —          0.00        —          —          0.00   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class B

       402,936.00        1,214,098.21        —          1,214,098.21        (1,617,034.21 )      —          2.66   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Class C (2004-2)

     1.217 %      —          101,383.33        —          101,383.33        (101,383.33 )      —          0.00   

Class C (2004-3)

     6.399 %      —          1,959,693.75        —          1,959,693.75        —          1,959,693.75        16.07   

Class C (2007-1)

     0.647 %      —          161,650.00        —          161,650.00        (161,650.00 )      —          0.00   

Class C (2009-A)

     —          —          0.00        —          0.00        —          —          0.00   
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class C

       —          2,222,727.08        —          2,222,727.08        (263,033.33 )      1,959,693.75        16.07   

Total

       402,936.00        12,882,258.62        —          12,882,258.62        (11,325,500.87 )      1,959,693.75        18.73   

 

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		    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

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)

      54,216,850.00         54,216,850.00         42,168,650.00         42,168,650.00         6,024,500.00         6,024,500.00   

Class A (2004-4)

      54,216,850.00         54,216,850.00         42,168,650.00         42,168,650.00         6,024,500.00         6,024,500.00   

Class A (2005- 9)

      35,240,952.50         35,240,952.50         27,409,622.50         27,409,622.50         3,915,925.00         3,915,925.00   

Class A (2006- 3)

      43,373,480.00         43,373,480.00         33,734,920.00         33,734,920.00         4,819,600.00         4,819,600.00   

Class A (2006-11)

      81,325,275.00         81,325,275.00         63,252,975.00         63,252,975.00         9,036,750.00         9,036,750.00   

Class A (2007- 1)

      67,771,062.50         67,771,062.50         52,710,812.50         52,710,812.50         7,530,625.00         7,530,625.00   

Class A (2007- 2)

      75,903,590.00         75,903,590.00         59,036,110.00         59,036,110.00         8,434,300.00         8,434,300.00   

Class A (2007- A)

      21,686,740.00         21,686,740.00         16,867,460.00         16,867,460.00         2,409,800.00         2,409,800.00   

Class A (2007-5)

      65,060,220.00         65,060,220.00         50,602,380.00         50,602,380.00         7,229,400.00         7,229,400.00   

Class A (2007-7)

      108,433,700.00         108,433,700.00         84,337,300.00         84,337,300.00         12,049,000.00         12,049,000.00   

Class A (2013-1)

      81,325,275.00         81,325,275.00         63,252,975.00         63,252,975.00         9,036,750.00         9,036,750.00   

Class A (2013-2)

      75,903,590.00         75,903,590.00         59,036,110.00         59,036,110.00         8,434,300.00         8,434,300.00   

Class A (2013-3)

      81,325,275.00         81,325,275.00         63,252,975.00         63,252,975.00         9,036,750.00         9,036,750.00   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total Class A

      845,782,860.00         845,782,860.00         657,830,940.00         657,830,940.00         93,982,200.00         93,982,200.00   

Class B (2004-3)

            89,873,552.93         89,873,552.93         12,839,935.04         12,839,935.04   

Class B (2004-7)

            110,607,381.59         110,607,381.59         15,802,108.06         15,802,108.06   

Class B (2005-1)

            104,852,478.42         104,852,478.42         14,979,924.21         14,979,924.21   

Class B (2005-3)

            59,915,701.96         59,915,701.96         8,559,956.69         8,559,956.69   

Class B (2006-1)

            104,852,478.42         104,852,478.42         14,979,924.21         14,979,924.21   

Class B (2007- 1)

            209,704,956.84         209,704,956.84         29,959,848.44         29,959,848.44   

Class B (2009-C)

                  
        

 

 

     

 

 

     

 

 

     

 

 

  

Total Class B

            679,806,550.16         679,806,550.16         97,121,696.65         97,121,696.65   

Class C (2004-2)

                  12,769,716.72         12,769,716.72   

Class C (2004-3)

                  46,928,708.97         46,928,708.97   

Class C (2007-1)

                  38,309,150.18         38,309,150.18   

Class C (2009-A)

                  
              

 

 

     

 

 

  

Total Class C

                  98,007,575.87         98,007,575.87   

 

* 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

    $ 126,278,514.18   
  

 

 

  

Prior Month Excess Spread Amount

    $ 120,153,148.97   
  

 

 

  

Two Months Prior Excess Spread Amount

    $ 112,733,910.04   
  

 

 

  

Three Month Average Excess Spread Amount

    $ 119,721,857.73   
  

 

 

  

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 10th day of January, 2014.

 

Capital One Bank (USA), National Association

as Administrator

By:

   /s/ Tamara Schulz
Name:   Tamara Schulz
Title:   Authorized Officer
Date:   01/10/2014

 

12