<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: August 16, 1999
CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
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(Originator of the Trust referred to herein)
(Exact name of the registrant as specified in its charter)
CHASE MANHATTAN AUTO OWNER TRUST 1996-C
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(Issuer)
Delaware 333-7575 13-2633612
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
802 Delaware Avenue, Wilmington, Delaware 19801
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (302) 575-5033
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Item 5. Other Events:
Chase Manhattan Auto Owner Trust 1996-C is the issuer of four classes of
Asset Backed Notes and a single class of Asset Backed Certificates. The notes
and certificates are serviced in accordance with the Sale and Servicing
Agreement, dated as of December 1, 1996, as amended. The parties to the Sale and
Servicing Agreement are: Chase Manhattan Bank USA, National Association, as
seller and as servicer, and Chase Manhattan Auto Owner Trust, as issuer.
On August 16, 1999, Chase USA, as servicer, distributed monthly interest to
the holders of the notes and certificates. Chase USA furnished a copy of the
monthly statement to certificateholders for the series as required by the Sale
and Servicing Agreement. A copy of the monthly statement to certificateholders
is being filed as Exhibit 20.1 to this Current Report on Form 8-K.
Item 7(c). Exhibits
Exhibits Description
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20.1 Monthly Statement to certificateholder with respect
to the August 16, 1999 distribution.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
Dated: August 27, 1999
By: THE CHASE MANHATTAN BANK,
USA, NATIONAL ASSOCIATION
as Servicer
By: /s/ Patricia Garvey
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Name: Patricia Garvey
Title: Vice President
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INDEX TO EXHIBITS
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Exhibit No. Description
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20.1 Statement to Certificateholders dated 8/16/1999
delivered pursuant to Section 5.8 of the Sale and
Servicing Agreement dated as of December 1, 1996.
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Page 1 of 9
Chase Manhattan Auto Owner Trust 1996-C
Statement to Certificateholders
August 16, 1999
<TABLE>
<CAPTION>
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DISTRIBUTION IN DOLLARS
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ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 225,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A2 239,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A3 324,000,000.00 74,074,391.40 15,739,955.27 367,285.52 16,107,240.79 0.00 0.00 58,334,436.13
A4 178,000,000.00 178,000,000.00 0.00 912,250.00 912,250.00 0.00 0.00 178,000,000.00
B1 30,938,845.63 15,297,262.71 503,548.62 79,673.24 583,221.86 0.00 0.00 14,793,714.09
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TOTALS 996,938,845.63 267,371,654.11 16,243,503.89 1,359,208.76 17,602,712.65 0.00 0.00 251,128,150.22
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
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FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
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PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS-THRU
CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
- -------------------------------------------------------------------------------------- ------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 5.489000%
A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 5.750000%
A3 228.62466481 48.58010886 1.13359728 49.71370614 180.04455596 A3 5.950000%
A4 1,000.00000000 0.00000000 5.12500000 5.12500000 1,000.00000000 A4 6.150000%
B1 494.43547096 16.27561112 2.57518464 18.85079576 478.15985984 B1 6.250000%
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TOTALS 268.19263316 16.29338044 1.36338228 17.65676273 251.89925272
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</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kimberly Costa
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3247
Email: [email protected]
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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Page 2 of 9
Chase Manhattan Auto Owner Trust 1996-C
August 16, 1999
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STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<S> <C> <C>
Due Period 32
Due Period Beginning Date 07/01/99
Due Period End Date 07/31/99
Determination Date 08/10/99
Section 5.8(iii) Servicing Fee 222,809.71
Section 5.8(iii) Servicing Fee per $1000 0.223494
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.001003
Section 5.8(vi) Pool Balance at the end of the Collection Period 251,128,150.22
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 132,447.38
TOTAL 132,447.38
Section 5.8(viii) Realized Net Losses for Collection Period 157,254.88
Section 5.8(ix) Reserve Account Balance after Disbursement 7,533,844.51
Section 5.8(x) Specified Reserve Account Balance 7,533,844.51
Section 5.8(xi) Total Distribution Amount 18,217,674.07
Servicing Fee 222,809.71
Administration Fee 1,000.00
Noteholders Distribution Amount 17,019,490.79
Certficateholders Distribution Amount 583,221.86
Deposit to Reserve Account 391,151.71
</TABLE>
