EX-99.2 3 dex992.htm ASSET POOL ONE MONTHLY SERVICER'S CERTIFICATE Asset Pool One Monthly Servicer's Certificate

Exhibit 99.2

CHASE ISSUANCE TRUST

Asset Pool One Monthly Servicer’s Certificate

Monthly Period: September 2006

 

1. Capitalized terms used in this certificate have their respective meanings set forth in the Second Amended and Restated Indenture, dated as of March, 14, 2006 (as amended, supplemented or otherwise modified, the “Indenture”), and the Amended and Restated Asset Pool One Supplement, dated as of October 15, 2004 (as amended, supplemented or otherwise modified, the “Asset Pool One Supplement”), each between the Chase Issuance Trust and Wells Fargo Bank, National Association, as Indenture Trustee and Collateral Agent, and, with respect to the First USA Credit Card Master Trust, the Second Amended and Restated Pooling and Servicing Agreement, dated as of March 14, 2006 (as amended, supplemented or otherwise modified, the “FUSA Pooling and Servicing Agreement”), by and between Chase Bank USA, National Association and The Bank of New York (Delaware), as trustee, or, with respect to the Chase Credit Card Master Trust, the FourthAmended and Restated Pooling and Servicing Agreement, dated as of March 14, 2006 (as amended, supplemented or otherwise modified, the “Chase Pooling and Servicing Agreement”), by and between Chase Bank USA, National Association, as transferor and as servicer, and the Bank of New York, as trustee of the Chase Credit Card Master Trust.

 

2. Chase Bank USA, National Association is, as of the date hereof, the Transferor, Servicer and Administrator under the Transfer and Servicing Agreement.

 

3. The undersigned is a Servicing Officer.

 

4. Collateral of Asset Pool One

 

      Beginning Balance    Ending Balance    Highest Invested
Amount during the
Monthly Period*
Collateral Certificates:         

First USA Credit Card MT 2002-CC *

   30,000,000,000.00    30,000,000,000.00    30,000,000,000.00

Chase Credit Card MT 2004-CC *

   3,000,000,000.00    3,000,000,000.00    3,000,000,000.00

Principal Receivables

   17,446,892,853.44    17,181,897,479.07   

Excess Funding Amount

   0.00    0.00   
            

TOTAL

   50,446,892,853.44    50,181,897,479.07   
            

 

5a.

   The Nominal Liquidation Amount of all Asset Pool One Notes as of the last day of the related Monthly Period     
  

CHASEseries

     43,610,000,000.00
         
  

TOTAL

     43,610,000,000.00

5b.

   Asset Pool One Transferor Amount for the related Monthly Period      6,571,897,479.07

5c.

   Asset Pool One Required Transferor Amount for the related Monthly Period      687,275,899.16

5d.

   Asset Pool One Pool Balance for the related Monthly Period      50,181,897,479.07

5e.

   Asset Pool One Minimum Pool Balance for the related Monthly Period      43,610,000,000.00

6a.

   The aggregate amount of Collections of Principal Receivables received by Asset Pool One for the related Monthly Period      10,150,071,633.18

6b.

   The aggregate amount of Collections of Principal Receivables allocated pursuant to Section 3.3 of the Asset Pool One Supplement for the related Monthly Period     
  

CHASEseries

   86.45 %   8,774,467,541.72
             
  

TOTAL

   86.45 %   8,774,467,541.72

7a.

   The aggregate amount of Collections of Finance Charge Receivables received by Asset Pool One     
   for the related Monthly Period      673,769,008.84

7b.

   The aggregate amount of Collections of Finance Charge Receivables allocated pusuant to subsection 3.2(a) of the Asset Pool One Supplement for the related     
  

CHASEseries

   86.45 %   582,455,426.16
             
  

TOTAL

   86.45 %   582,455,426.16

8a.

   The Asset Pool One Servicing Fee for the related Monthy Period      63,058,616.07

8b.

   The Asset Pool One Servicing Fee allocated to each Series pursuant to subsection 3.4(b) of the     
   Asset Pool One Supplement for the related Monthly Period     
  

CHASEseries

   86.45 %   54,512,500.00
             
  

TOTAL

   86.45 %   54,512,500.00


9a.

  The Asset Pool One Default Amount for the related Monthly Period      156,559,148.13  

9b.

  The Asset Pool One Default Amount allocated to each Series pursuant to subsection 3.2(b) of the Asset Pool One Supplement for the related Monthly Period     
 

CHASEseries

   86.45 %   135,341,228.44  
              
 

TOTAL

   86.45 %   135,341,228.44  

10.

  The percentage of outstanding balances in Asset Pool One that were delinquent as of the close of business on the last day of the related Monthly Period     
 

30-59 days

     0.93 %
 

60-89 days

     0.64 %
 

90-119 days

     0.52 %
 

120-149 days

     0.46 %
 

150-179 days

     0.41 %
 

180 or more days

     0.00 %
          
 

TOTAL

     2.96 %

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate on this date October 12, 2006.

 

CHASE BANK USA, NATIONAL ASSOCIATION,

as Servicer

By:  

/s/ Patricia Garvey

 

Patricia Garvey

Vice President