EX-99.3 4 dex993.htm ONESERIES MONTHLY NOTEHOLDERS' STATEMENT OneSeries Monthly Noteholders' Statement

Exhibit 99.3

 

BANK ONE ISSUANCE TRUST

ONEseries Monthly Noteholders’ Statement

 

Monthly Period: June 2004

 

The undersigned, a duly authorized representative of Bank One, Delaware, National Association (the “Bank”), as Servicer pursuant to the Transfer and Servicing Agreement, dated as of May 1, 2002 (the “Transfer and Servicing Agreement”),among the Bank, as Transferor, Servicer and Adminstrator, Bank One Issuance Trust, as Issuer, and Wells Fargo Bank, National Association, as Indenture Trustee and Collateral Agent, does hereby certify as follows:

 

A. Information Regarding the Current Distribution to Noteholders

 

1. The total amount of the distribution to Noteholders on the Payment Date per $1,000 Initial Outstanding Dollar Principal Amount

 

Tranche    Amount

Class A (2002-01)

    1.12396

Class A (2002-02)

    3.46667

Class A (2002-03)

    2.99167

Class A (2002-04)

    2.45000

Class A (2002-05)

    1.13229

Class A (2002-06)

    1.19063

Class A (2003-01)

    1.13229

Class A (2003-02)

    1.07396

Class A (2003-03)

    1.12396

Class A (2003-04)

    1.24063

Class A (2003-05)

    1.07396

Class A (2003-06)

    1.12396

Class A (2003-07)

    2.79167

Class A (2003-08)

    1.24063

Class A (2003-09)

    3.21667

Class A (2003-10)

    1.12396

Class A (2004-01)

    2.87500

Class A (2004-02)

    1.05729

Class A (2004-03)

    1.17396

Class A (2004-04)

    0.77656

Class B (2002-01)

    1.34896

Class B (2002-02)

    1.31563

Class B (2002-03)

    1.33229

Class B (2003-01)

    1.34063

Class B (2003-02)

    1.22396

Class B (2003-03)

    1.29896

Class C (2002-01)

    1.83229

Class C (2002-02)

    1.85729

Class C (2002-03)

    3.13333

Class C (2003-01)

    3.78333

Class C (2003-02)

    1.98229

Class C (2003-03)

    3.97500

Class C (2003-04)

    1.89063

Class C (2004-01)

    1.44896

Class C (2004-02)

    0.89167

2. The amount of the distribution set forth in item 1 in respect of interest on the Notes, per $1,000 Initial Outstanding Dollar Principal Amount

 

Tranche    Amount

Class A (2002-01)

    1.12396

Class A (2002-02)

    3.46667

Class A (2002-03)

    2.99167

Class A (2002-04)

    2.45000

Class A (2002-05)

    1.13229

Class A (2002-06)

    1.19063

Class A (2003-01)

    1.13229

Class A (2003-02)

    1.07396

Class A (2003-03)

    1.12396

Class A (2003-04)

    1.24063

Class A (2003-05)

    1.07396

Class A (2003-06)

    1.12396

Class A (2003-07)

    2.79167

Class A (2003-08)

    1.24063

Class A (2003-09)

    3.21667

Class A (2003-10)

    1.12396

Class A (2004-01)

    2.87500

Class A (2004-02)

    1.05729

Class A (2004-03)

    1.17396

Class A (2004-04)

    0.77656

Class B (2002-01)

    1.34896

Class B (2002-02)

    1.31563

Class B (2002-03)

    1.33229

Class B (2003-01)

    1.34063

Class B (2003-02)

    1.22396

Class B (2003-03)

    1.29896

Class C (2002-01)

    1.83229

Class C (2002-02)

    1.85729

Class C (2002-03)

    3.13333

Class C (2003-01)

    3.78333

Class C (2003-02)

    1.98229

Class C (2003-03)

    3.97500

Class C (2003-04)

    1.89063

Class C (2004-01)

    1.44896

Class C (2004-02)

    0.89167

3. The amount of the distribution set forth in item 1 in respect of principal on the Notes, per $1,000 Initial Outstanding Dollar Principal Amount

 

Tranche    Amount

Class A (2002-01)

    0.00000

Class A (2002-02)

    0.00000

Class A (2002-03)

    0.00000

Class A (2002-04)

    0.00000

Class A (2002-05)

    0.00000

Class A (2002-06)

    0.00000

Class A (2003-01)

    0.00000

Class A (2003-02)

    0.00000

Class A (2003-03)

    0.00000

Class A (2003-04)

    0.00000

Class A (2003-05)

    0.00000

Class A (2003-06)

    0.00000

Class A (2003-07)

    0.00000

Class A (2003-08)

    0.00000

Class A (2003-09)

    0.00000

Class A (2003-10)

    0.00000

Class A (2004-01)

    0.00000

Class A (2004-02)

    0.00000

Class A (2004-03)

    0.00000

Class A (2004-04)

    0.00000

Class B (2002-01)

    0.00000

Class B (2002-02)

    0.00000

Class B (2002-03)

    0.00000

Class B (2003-01)

    0.00000

Class B (2003-02)

    0.00000

Class B (2003-03)

    0.00000

Class C (2002-01)

    0.00000

Class C (2002-02)

    0.00000

Class C (2002-03)

    0.00000

Class C (2003-01)

    0.00000

Class C (2003-02)

    0.00000

Class C (2003-03)

    0.00000

Class C (2003-04)

    0.00000

Class C (2004-01)

    0.00000

Class C (2004-02)

    0.00000

B. Information regarding the tranches of Notes of the ONEseries

 

1. Outstanding Dollar Principal Amount and Nominal Liquidation Amount of Tranches of Notes of the ONEseries for the related Monthly Period

 

Tranche   Initial
Outstanding
Dollar Principal
Amount		   Outstanding
Dollar Principal
Amount		   Adjusted
Outstanding
Dollar Principal
Amount		  

Nominal
Liquidation

Amount

Class A (2002-01)

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

Class A (2002-02)

   1,250,000,000.00   1,250,000,000.00   1,250,000,000.00   1,250,000,000.00

Class A (2002-03)

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

Class A (2002-04)

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

Class A (2002-05)

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

Class A (2002-06)

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

Class A (2003-01)

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

Class A (2003-02)

   1,500,000,000.00   1,500,000,000.00   1,500,000,000.00   1,500,000,000.00

Class A (2003-03)

   1,250,000,000.00   1,250,000,000.00   1,250,000,000.00   1,250,000,000.00

Class A (2003-04)

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

Class A (2003-05)

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

Class A (2003-06)

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

Class A (2003-07)

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

Class A (2003-08)

   525,000,000.00   525,000,000.00   525,000,000.00   525,000,000.00

Class A (2003-09)

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

Class A (2003-10)

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

Class A (2004-01)

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

Class A (2004-02)

   2,000,000,000.00   2,000,000,000.00   2,000,000,000.00   2,000,000,000.00

Class A (2004-03)

   675,000,000.00   675,000,000.00   675,000,000.00   675,000,000.00

Class A (2004-04)

   1,250,000,000.00   1,250,000,000.00   1,250,000,000.00   1,250,000,000.00
   
 
 
 

Total Class A

   18,350,000,000.00   18,350,000,000.00   18,350,000,000.00   18,350,000,000.00

Class B (2002-01)

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

Class B (2002-02)

   275,000,000.00   275,000,000.00   275,000,000.00   275,000,000.00

Class B (2002-03)

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

Class B (2003-01)

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

Class B (2003-02)

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

Class B (2003-03)

   275,000,000.00   275,000,000.00   275,000,000.00   275,000,000.00
   
 
 
 

Total Class B

   1,625,000,000.00   1,625,000,000.00   1,625,000,000.00   1,625,000,000.00

Class C (2002-01)

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

Class C (2002-02)

   225,000,000.00   225,000,000.00   225,000,000.00   225,000,000.00

Class C (2002-03)

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

Class C (2003-01)

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

Class C (2003-02)

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

Class C (2003-03)

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

Class C (2003-04)

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

Class C (2004-01)

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

Class C (2004-02)

   165,000,000.00   165,000,000.00   165,000,000.00   165,000,000.00
   
 
 
 

Total Class C

   1,890,000,000.00   1,890,000,000.00   1,890,000,000.00   1,890,000,000.00

Total

   21,865,000,000.00   21,865,000,000.00   21,865,000,000.00   21,865,000,000.00

2. Nominal Liquidation Amount of Notes of the ONEseries

 

Tranche  

Beginning
Nominal

Liquidation
Amount

  

Increases

from
accretion of

Principal for
Discount
Notes

  

Increases

from
amounts

withdrawn

from the

Principal
Funding

Subaccounts

in respect of

Prefunding

Excess

Amounts

  

Reimbursements

of prior Nominal

Liquidation

Amount Deficits

from Available

Finance Charge

Collections

  

Reductions

due to

reallocations

of Available

Principal

Collections

and Investor

Charge-Offs

  

Reductions

due to

amounts

deposited to

the

Principal

Funding

Subaccounts

  

Ending Nominal

Liquidation

Amount

Class A (2002-01)

   1,000,000,000.00   0.00   0.00   0.00   0.00   0.00   1,000,000,000.00

Class A (2002-02)

   1,250,000,000.00   0.00   0.00   0.00   0.00   0.00   1,250,000,000.00

Class A (2002-03)

   500,000,000.00   0.00   0.00   0.00   0.00   0.00   500,000,000.00

Class A (2002-04)

   750,000,000.00   0.00   0.00   0.00   0.00   0.00   750,000,000.00

Class A (2002-05)

   850,000,000.00   0.00   0.00   0.00   0.00   0.00   850,000,000.00

Class A (2002-06)

   500,000,000.00   0.00   0.00   0.00   0.00   0.00   500,000,000.00

Class A (2003-01)

   1,000,000,000.00   0.00   0.00   0.00   0.00   0.00   1,000,000,000.00

Class A (2003-02)

   1,500,000,000.00   0.00   0.00   0.00   0.00   0.00   1,500,000,000.00

Class A (2003-03)

   1,250,000,000.00   0.00   0.00   0.00   0.00   0.00   1,250,000,000.00

Class A (2003-04)

   500,000,000.00   0.00   0.00   0.00   0.00   0.00   500,000,000.00

Class A (2003-05)

   1,000,000,000.00   0.00   0.00   0.00   0.00   0.00   1,000,000,000.00

Class A (2003-06)

   1,000,000,000.00   0.00   0.00   0.00   0.00   0.00   1,000,000,000.00

Class A (2003-07)

   500,000,000.00   0.00   0.00   0.00   0.00   0.00   500,000,000.00

Class A (2003-08)

   525,000,000.00   0.00   0.00   0.00   0.00   0.00   525,000,000.00

Class A (2003-09)

   650,000,000.00   0.00   0.00   0.00   0.00   0.00   650,000,000.00

Class A (2003-10)

   1,000,000,000.00   0.00   0.00   0.00   0.00   0.00   1,000,000,000.00

Class A (2004-01)

   650,000,000.00   0.00   0.00   0.00   0.00   0.00   650,000,000.00

Class A (2004-02)

   2,000,000,000.00   0.00   0.00   0.00   0.00   0.00   2,000,000,000.00

Class A (2004-03)

   675,000,000.00   0.00   0.00   0.00   0.00   0.00   675,000,000.00

Class A (2004-04)

   1,250,000,000.00   0.00   0.00   0.00   0.00   0.00   1,250,000,000.00
   
 
 
 
 
 
 

Total Class A

   18,350,000,000.00   0.00   0.00   0.00   0.00   0.00   18,350,000,000.00

Class B (2002-01)

   250,000,000.00   0.00   0.00   0.00   0.00   0.00   250,000,000.00

Class B (2002-02)

   275,000,000.00   0.00   0.00   0.00   0.00   0.00   275,000,000.00

Class B (2002-03)

   500,000,000.00   0.00   0.00   0.00   0.00   0.00   500,000,000.00

Class B (2003-01)

   200,000,000.00   0.00   0.00   0.00   0.00   0.00   200,000,000.00

Class B (2003-02)

   125,000,000.00   0.00   0.00   0.00   0.00   0.00   125,000,000.00

Class B (2003-03)

   275,000,000.00   0.00   0.00   0.00   0.00   0.00   275,000,000.00
   
 
 
 
 
 
 

Total Class B

   1,625,000,000.00   0.00   0.00   0.00   0.00   0.00   1,625,000,000.00

Class C (2002-01)

   250,000,000.00   0.00   0.00   0.00   0.00   0.00   250,000,000.00

Class C (2002-02)

   225,000,000.00   0.00   0.00   0.00   0.00   0.00   225,000,000.00

Class C (2002-03)

   175,000,000.00   0.00   0.00   0.00   0.00   0.00   175,000,000.00

Class C (2003-01)

   200,000,000.00   0.00   0.00   0.00   0.00   0.00   200,000,000.00

Class C (2003-02)

   175,000,000.00   0.00   0.00   0.00   0.00   0.00   175,000,000.00

Class C (2003-03)

   400,000,000.00   0.00   0.00   0.00   0.00   0.00   400,000,000.00

Class C (2003-04)

   150,000,000.00   0.00   0.00   0.00   0.00   0.00   150,000,000.00

Class C (2004-01)

   150,000,000.00   0.00   0.00   0.00   0.00   0.00   150,000,000.00

Class C (2004-02)

   165,000,000.00   0.00   0.00   0.00   0.00   0.00   165,000,000.00
   
 
 
 
 
 
 

Total Class C

   1,890,000,000.00   0.00   0.00   0.00   0.00   0.00   1,890,000,000.00

Total

   21,865,000,000.00   0.00   0.00   0.00   0.00   0.00   21,865,000,000.00

3. ONEseries Interest Funding Account Subaccounts

 

Tranche  

Beginning

Interest

Funding

Subaccount

Balance

  

Targeted

deposit to the

Interest

Funding
Subaccount

with repect

to the

current

period

  

Previous

shortfalls
of targeted

deposits to

the Interest

Funding
Subaccount

  

Actual

deposit to the

Interest

Funding

Subaccount

  

Amount

withdrawn

from the

Interest

Funding

Subaccount
for payment

to Noteholders

    

Other

Withdrawals

  

Ending

Interest

Funding

Subaccount

Balance

Class A (2002-01)

   0.00   1,123,958.33   0.00   1,123,958.33   (1,123,958.33 )   0.00   0.00

Class A (2002-02)

   0.00   4,333,333.33   0.00   4,333,333.33   (4,333,333.33 )   0.00   0.00

Class A (2002-03)

   0.00   1,495,833.33   0.00   1,495,833.33   (1,495,833.33 )   0.00   0.00

Class A (2002-04)

   0.00   1,837,500.00   0.00   1,837,500.00   (1,837,500.00 )   0.00   0.00

Class A (2002-05)

   0.00   962,447.92   0.00   962,447.92   (962,447.92 )   0.00   0.00

Class A (2002-06)

   0.00   595,312.50   0.00   595,312.50   (595,312.50 )   0.00   0.00

Class A (2003-01)

   0.00   1,132,291.67   0.00   1,132,291.67   (1,132,291.67 )   0.00   0.00

Class A (2003-02)

   0.00   1,610,937.50   0.00   1,610,937.50   (1,610,937.50 )   0.00   0.00

Class A (2003-03)

   0.00   1,404,947.92   0.00   1,404,947.92   (1,404,947.92 )   0.00   0.00

Class A (2003-04)

   0.00   620,312.50   0.00   620,312.50   (620,312.50 )   0.00   0.00

Class A (2003-05)

   0.00   1,073,958.33   0.00   1,073,958.33   (1,073,958.33 )   0.00   0.00

Class A (2003-06)

   0.00   1,123,958.33   0.00   1,123,958.33   (1,123,958.33 )   0.00   0.00

Class A (2003-07)

   0.00   1,395,833.33   0.00   1,395,833.33   (1,395,833.33 )   0.00   0.00

Class A (2003-08)

   0.00   651,328.13   0.00   651,328.13   (651,328.13 )   0.00   0.00

Class A (2003-09)

   0.00   2,090,833.33   0.00   2,090,833.33   (2,090,833.33 )   0.00   0.00

Class A (2003-10)

   0.00   1,123,958.33   0.00   1,123,958.33   (1,123,958.33 )   0.00   0.00

Class A (2004-01)

   0.00   1,868,750.00   0.00   1,868,750.00   (1,868,750.00 )   0.00   0.00

Class A (2004-02)

   0.00   2,114,583.33   0.00   2,114,583.33   (2,114,583.33 )   0.00   0.00

Class A (2004-03)

   0.00   792,421.88   0.00   792,421.88   (792,421.88 )   0.00   0.00

Class A (2004-04)

   0.00   970,703.13   0.00   970,703.13   (970,703.13 )   0.00   0.00
   
 
 
 
 
 
 

Total Class A

   0.00   28,323,203.12   0.00   28,323,203.12   (28,323,203.12 )   0.00   0.00

Class B (2002-01)

   0.00   337,239.58   0.00   337,239.58   (337,239.58 )   0.00   0.00

Class B (2002-02)

   0.00   361,796.88   0.00   361,796.88   (361,796.88 )   0.00   0.00

Class B (2002-03)

   0.00   666,145.83   0.00   666,145.83   (666,145.83 )   0.00   0.00

Class B (2003-01)

   0.00   268,125.00   0.00   268,125.00   (268,125.00 )   0.00   0.00

Class B (2003-02)

   0.00   152,994.79   0.00   152,994.79   (152,994.79 )   0.00   0.00

Class B (2003-03)

   0.00   357,213.54   0.00   357,213.54   (357,213.54 )   0.00   0.00
   
 
 
 
 
 
 

Total Class B

   0.00   2,143,515.62   0.00   2,143,515.62   (2,143,515.62 )   0.00   0.00

Class C (2002-01)

   0.00   458,072.92   0.00   458,072.92   (458,072.92 )   0.00   0.00

Class C (2002-02)

   0.00   417,890.63   0.00   417,890.63   (417,890.63 )   0.00   0.00

Class C (2002-03)

   0.00   548,333.33   0.00   548,333.33   (548,333.33 )   0.00   0.00

Class C (2003-01)

   0.00   756,666.67   0.00   756,666.67   (756,666.67 )   0.00   0.00

Class C (2003-02)

   0.00   346,901.04   0.00   346,901.04   (346,901.04 )   0.00   0.00

Class C (2003-03)

   0.00   1,590,000.00   0.00   1,590,000.00   (1,590,000.00 )   0.00   0.00

Class C (2003-04)

   0.00   283,593.75   0.00   283,593.75   (283,593.75 )   0.00   0.00

Class C (2004-01)

   0.00   217,343.75   0.00   217,343.75   (217,343.75 )   0.00   0.00

Class C (2004-02)

   0.00   147,125.00   0.00   147,125.00   (147,125.00 )   0.00   0.00
   
 
 
 
 
 
 

Total Class C

   0.00   4,765,927.09   0.00   4,765,927.09   (4,765,927.09 )   0.00   0.00

Total

   0.00   35,232,645.83   0.00   35,232,645.83   (35,232,645.83 )   0.00   0.00

4. ONEseries Principal Funding Account Subaccounts

 

Tranche   

Beginning

Principal

Funding

Subaccount

Balance

   

Targeted

deposit to the

Principal

Funding

Subaccount

with respect

to the

current

period

   

Previous

shortfalls of

targeted

deposits to

the Principal

Funding

Subaccount

   

Actual

deposit

to the

Principal

Funding

Subaccount

   

Amount

withdrawn

from the

Principal

Funding

Subaccount

for payment to
Noteholders

   

Other

Withdrawals

   

Ending

Principal

Funding

Subaccount

Balance

Class A (2002-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2002-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2002-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2002-04)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2002-05)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2002-06)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-04)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-05)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-06)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-07)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-08)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-09)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2003-10)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class A (2004-04)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00
    
  
  
  
  
  
  

Total Class A

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2002-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2002-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2002-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2003-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2003-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class B (2003-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00
    
  
  
  
  
  
  

Total Class B

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2002-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2002-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2002-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-04)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2004-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2004-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00
    
  
  
  
  
  
  

Total Class C

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Total

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

 

5. ONEseries Class C Reserve Subaccounts

 

Tranche   

Beginning

Class C

Reserve

Subaccount

Balance

   

Class C

Reserve

Subaccount

earnings

for the

current

period

   

Targeted

deposit to

the Class C

Reserve

Subaccount

   

Actual

deposit to

the Class C

Reserve

Subaccount,

including

Excess

Amounts

   

Amount

withdrawn in

respect of

payment of

interest

or principal to

Noteholders

   

Withdrawal

of Excess Amounts

pursuant to

subsection 3.25(c)

of the Indenture

Supplement

   

Ending

Class C

Reserve

Subaccount

Balance

Class C (2002-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2002-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2002-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-03)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2003-04)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2004-01)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Class C (2004-02)

    0.00    0.00    0.00    0.00    0.00    0.00    0.00
    
  
  
  
  
  
  

Total Class C

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

Total

    0.00    0.00    0.00    0.00    0.00    0.00    0.00

6. Class A Required Subordinated Amount of Class B and Class C Notes and Class A Usage of Class B and Class C Required Subordinated Amounts

 

Tranche   Required
Subordinated
Amount of
Class B Notes as
of the close of
business on the
related Note
Transfer Date		   Required
Subordinated
Amount of
Class C Notes
as of the close of
business on the
related Note
Transfer Date		   Class A
Usage of
Class B
Required
Subordinated
Amount for
the current
period		   Class A
Usage of
Class C
Required
Subordinated
Amount for
the current
period		   Cumulative
Class A
Usage of
Class B
Required
Subordinated
Amount		  

Cumulative

Class A

Usage of

Class C

Required

Subordinated

Amount

Class A (2002-01)

   84,795,300.00   84,795,300.00   0.00   0.00   0.00   0.00

Class A (2002-02)

   105,994,125.00   105,994,125.00   0.00   0.00   0.00   0.00

Class A (2002-03)

   42,397,650.00   42,397,650.00   0.00   0.00   0.00   0.00

Class A (2002-04)

   63,596,475.00   63,596,475.00   0.00   0.00   0.00   0.00

Class A (2002-05)

   72,076,005.00   72,076,005.00   0.00   0.00   0.00   0.00

Class A (2002-06)

   42,397,650.00   42,397,650.00   0.00   0.00   0.00   0.00

Class A (2003-01)

   84,795,300.00   84,795,300.00   0.00   0.00   0.00   0.00

Class A (2003-02)

   127,192,950.00   127,192,950.00   0.00   0.00   0.00   0.00

Class A (2003-03)

   105,994,125.00   105,994,125.00   0.00   0.00   0.00   0.00

Class A (2003-04)

   42,397,650.00   42,397,650.00   0.00   0.00   0.00   0.00

Class A (2003-05)

   84,795,300.00   84,795,300.00   0.00   0.00   0.00   0.00

Class A (2003-06)

   84,795,300.00   84,795,300.00   0.00   0.00   0.00   0.00

Class A (2003-07)

   42,397,650.00   42,397,650.00   0.00   0.00   0.00   0.00

Class A (2003-08)

   44,517,532.50   44,517,532.50   0.00   0.00   0.00   0.00

Class A (2003-09)

   55,116,945.00   55,116,945.00   0.00   0.00   0.00   0.00

Class A (2003-10)

   84,795,300.00   84,795,300.00   0.00   0.00   0.00   0.00

Class A (2004-01)

   55,116,945.00   55,116,945.00   0.00   0.00   0.00   0.00

Class A (2004-02)

   169,590,600.00   169,590,600.00   0.00   0.00   0.00   0.00

Class A (2004-03)

   57,236,827.50   57,236,827.50   0.00   0.00   0.00   0.00

Class A (2004-04)

   105,994,125.00   105,994,125.00   0.00   0.00   0.00   0.00
   
 
 
 
 
 

Total

   1,555,993,755.00   1,555,993,755.00   0.00   0.00   0.00   0.00

7. Class B Required Subordinated Amount of Class C Notes and Class B Usage of Class C Required Subordinated Amounts

 

Tranche   

Required

Subordinated

Amount of Class C

Notes as of the close

of business on the

related Note

Transfer Date

   

Class B

Usage of

Class C

Required

Subordinated

Amount for

the current

period

   

Cumulative

Class B

Usage of

Class C

Required

Subordinated

Amount

Class B (2002-01)

    240,213,503.55    0.00    0.00

Class B (2002-02)

    264,234,853.90    0.00    0.00

Class B (2002-03)

    480,427,007.09    0.00    0.00

Class B (2003-01)

    192,170,802.84    0.00    0.00

Class B (2003-02)

    120,106,751.77    0.00    0.00

Class B (2003-03)

    264,234,853.90    0.00    0.00
    
  
  

Total

    1,561,387,773.05    0.00    0.00

 

C. Information regarding the performance of the ONEseries

 

    Current Monthly Period
     Prior Monthly Period
     2nd Prior Monthly Period
  

Portfolio Yield

   9.87 %   9.91 %   9.96 %

Less: Base Rate

   3.46 %   3.40 %   3.42 %
   
 
 

Excess Spread

   6.41 %   6.51 %   6.54 %

Three Month Average Excess Spread

   6.49 %            

Principal Payment Rate

   18.85 %            

 

BANK ONE, DELAWARE, National Association

as Servicer

By:  

/s/    DIANE RUTH

    Diane Ruth
    Vice President