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: July 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)

    1.32444

Class A (2002-02)

    3.46667

Class A (2002-03)

    2.99167

Class A (2002-04)

    2.45000

Class A (2002-05)

    1.33333

Class A (2002-06)

    1.39556

Class A (2003-01)

    1.33333

Class A (2003-02)

    1.27111

Class A (2003-03)

    1.32444

Class A (2003-04)

    1.44889

Class A (2003-05)

    1.27111

Class A (2003-06)

    1.32444

Class A (2003-07)

    2.79167

Class A (2003-08)

    1.44889

Class A (2003-09)

    3.21667

Class A (2003-10)

    1.32444

Class A (2004-01)

    2.87500

Class A (2004-02)

    1.25333

Class A (2004-03)

    1.37778

Class A (2004-04)

    1.26222

Class B (2002-01)

    1.56444

Class B (2002-02)

    1.52889

Class B (2002-03)

    1.54667

Class B (2003-01)

    1.55556

Class B (2003-02)

    1.43111

Class B (2003-03)

    1.51111

Class C (2002-01)

    2.08000

Class C (2002-02)

    2.10667

Class C (2002-03)

    3.13333

Class C (2003-01)

    3.78333

Class C (2003-02)

    2.24000

Class C (2003-03)

    3.97500

Class C (2003-04)

    2.14222

Class C (2004-01)

    1.67111

Class C (2004-02)

    1.93778

 

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)

    1.32444

Class A (2002-02)

    3.46667

Class A (2002-03)

    2.99167

Class A (2002-04)

    2.45000

Class A (2002-05)

    1.33333

Class A (2002-06)

    1.39556

Class A (2003-01)

    1.33333

Class A (2003-02)

    1.27111

Class A (2003-03)

    1.32444

Class A (2003-04)

    1.44889

Class A (2003-05)

    1.27111

Class A (2003-06)

    1.32444

Class A (2003-07)

    2.79167

Class A (2003-08)

    1.44889

Class A (2003-09)

    3.21667

Class A (2003-10)

    1.32444

Class A (2004-01)

    2.87500

Class A (2004-02)

    1.25333

Class A (2004-03)

    1.37778

Class A (2004-04)

    1.26222

Class B (2002-01)

    1.56444

Class B (2002-02)

    1.52889

Class B (2002-03)

    1.54667

Class B (2003-01)

    1.55556

Class B (2003-02)

    1.43111

Class B (2003-03)

    1.51111

Class C (2002-01)

    2.08000

Class C (2002-02)

    2.10667

Class C (2002-03)

    3.13333

Class C (2003-01)

    3.78333

Class C (2003-02)

    2.24000

Class C (2003-03)

    3.97500

Class C (2003-04)

    2.14222

Class C (2004-01)

    1.67111

Class C (2004-02)

    1.93778

 

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 respect
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    1,324,444.44    0.00    1,324,444.44    (1,324,444.44 )   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    1,133,333.33    0.00    1,133,333.33    (1,133,333.33 )   0.00    0.00

Class A (2002-06)

    0.00    697,777.78    0.00    697,777.78    (697,777.78 )   0.00    0.00

Class A (2003-01)

    0.00    1,333,333.33    0.00    1,333,333.33    (1,333,333.33 )   0.00    0.00

Class A (2003-02)

    0.00    1,906,666.67    0.00    1,906,666.67    (1,906,666.67 )   0.00    0.00

Class A (2003-03)

    0.00    1,655,555.56    0.00    1,655,555.56    (1,655,555.56 )   0.00    0.00

Class A (2003-04)

    0.00    724,444.44    0.00    724,444.44    (724,444.44 )   0.00    0.00

Class A (2003-05)

    0.00    1,271,111.11    0.00    1,271,111.11    (1,271,111.11 )   0.00    0.00

Class A (2003-06)

    0.00    1,324,444.44    0.00    1,324,444.44    (1,324,444.44 )   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    760,666.67    0.00    760,666.67    (760,666.67 )   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    1,324,444.44    0.00    1,324,444.44    (1,324,444.44 )   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    2,506,666.67    0.00    2,506,666.67    (2,506,666.67 )   0.00    0.00

Class A (2004-03)

    0.00    930,000.00    0.00    930,000.00    (930,000.00 )   0.00    0.00

Class A (2004-04)

    0.00    1,577,777.78    0.00    1,577,777.78    (1,577,777.78 )   0.00    0.00
    
  
  
  
  
 
  

Total Class A

    0.00    31,492,749.98    0.00    31,492,749.98    (31,492,749.98 )   0.00    0.00

Class B (2002-01)

    0.00    391,111.11    0.00    391,111.11    (391,111.11 )   0.00    0.00

Class B (2002-02)

    0.00    420,444.44    0.00    420,444.44    (420,444.44 )   0.00    0.00

Class B (2002-03)

    0.00    773,333.33    0.00    773,333.33    (773,333.33 )   0.00    0.00

Class B (2003-01)

    0.00    311,111.11    0.00    311,111.11    (311,111.11 )   0.00    0.00

Class B (2003-02)

    0.00    178,888.89    0.00    178,888.89    (178,888.89 )   0.00    0.00

Class B (2003-03)

    0.00    415,555.56    0.00    415,555.56    (415,555.56 )   0.00    0.00
    
  
  
  
  
 
  

Total Class B

    0.00    2,490,444.44    0.00    2,490,444.44    (2,490,444.44 )   0.00    0.00

Class C (2002-01)

    0.00    520,000.00    0.00    520,000.00    (520,000.00 )   0.00    0.00

Class C (2002-02)

    0.00    474,000.00    0.00    474,000.00    (474,000.00 )   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    392,000.00    0.00    392,000.00    (392,000.00 )   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    321,333.33    0.00    321,333.33    (321,333.33 )   0.00    0.00

Class C (2004-01)

    0.00    250,666.67    0.00    250,666.67    (250,666.67 )   0.00    0.00

Class C (2004-02)

    0.00    319,733.33    0.00    319,733.33    (319,733.33 )   0.00    0.00
    
  
  
  
  
 
  

Total Class C

    0.00    5,172,733.33    0.00    5,172,733.33    (5,172,733.33 )   0.00    0.00

Total

    0.00    39,155,927.75    0.00    39,155,927.75    (39,155,927.75 )   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

    9.62 %   9.87 %   9.91 %

Less: Base Rate

    3.57 %   3.46 %   3.40 %
    
 
 

Excess Spread

    6.05 %   6.41 %   6.51 %

Three Month Average Excess Spread

    6.32 %            

Principal Payment Rate

    17.96 %            

 

BANK ONE, DELAWARE, National Association

as Servicer

By:  

/s/ David A Penkrot

    David A Penkrot
    Senior Vice President