CHASE MANHATTAN BANK USA
8-K, 1999-08-27
ASSET-BACKED SECURITIES
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<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
           ----------------------------------------------------------
                  (Originator of the Trust referred to herein)
           (Exact name of the registrant as specified in its charter)


                     CHASE MANHATTAN AUTO OWNER TRUST 1997-A
                     ---------------------------------------
                                    (Issuer)


         Delaware                       333-7575                13-2633612
- ----------------------------    ------------------------    -------------------
(State or other jurisdiction    (Commission File Number)    (IRS Employer
of incorporation)                                           Identification No.)


         802 Delaware Avenue, Wilmington, Delaware      19801
         -----------------------------------------   ----------
         (Address of principal executive offices)    (Zip Code)

Registrant's telephone number, including area code:  (302) 575-5033

<PAGE>

Item 5. Other Events:

     Chase Manhattan Auto Owner Trust 1997-A is the issuer of 5 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 February 28, 1997, 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 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
                  --------          -----------

                  20.1              Monthly Statement to
                                    Certificateholders with respect to
                                    the August 16, 1999 distribution.

<PAGE>

                                   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
                                    -----------------------
                                    Name: Patricia Garvey
                                    Title: Vice President

<PAGE>



                           INDEX TO EXHIBITS
                           -----------------

Exhibit No.                Description
- -----------                -----------
20.1                       Statement  to  Certificateholders   dated  8/16/1999
                           delivered  pursuant  to Section  5.8 of the Sale and
                           Servicing Agreement dated as of February 28, 1997.





<PAGE>


                     Chase Manhattan Auto Owner Trust 1997-A
                         Statement to Certificateholders
                                 August 16, 1999


<TABLE>
<CAPTION>

                                                   DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------
            ORIGINAL         PRIOR                                                                           CURRENT
              FACE         PRINCIPAL                                                 REALIZED  DEFERRED     PRINCIPAL
 CLASS        VALUE         BALANCE        PRINCIPAL      INTEREST        TOTAL       LOSSES   INTEREST      BALANCE
- ------  ----------------  --------------  -------------  ------------  -------------  --------  --------  --------------
<S>       <C>                       <C>            <C>           <C>            <C>     <C>       <C>               <C>
  A1      250,000,000.00            0.00           0.00          0.00           0.00    0.00      0.00              0.00
  A2      365,000,000.00            0.00           0.00          0.00           0.00    0.00      0.00              0.00
  A3      270,000,000.00   79,709,343.33  21,747,018.50    415,152.83  22,162,171.33    0.00      0.00     57,962,324.83
  A4      165,000,000.00  165,000,000.00           0.00    880,000.00     880,000.00    0.00      0.00    165,000,000.00
  A5       85,500,000.00   85,500,000.00           0.00    463,125.00     463,125.00    0.00      0.00     85,500,000.00
  B1       35,153,718.13   35,153,718.13           0.00    194,810.19     194,810.19    0.00      0.00     35,153,718.13
- ------  ----------------  --------------  -------------  ------------  -------------  --------  --------  --------------
TOTALS  1,170,653,718.13  365,363,061.46  21,747,018.50  1,953,088.02  23,700,106.52    0.00      0.00    343,616,042.96
======  ================  ==============  =============  ============  =============  ========  ========  ==============
</TABLE>

<TABLE>
<CAPTION>
                  FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                   PASS-THROUGH RATES
 --------------------------------------------------------------------------       ------------------
            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    5.545000%
   A2       0.00000000   0.00000000  0.00000000   0.00000000     0.00000000        A2    5.950000%
   A3     295.21979011  80.54451296  1.53760307  82.08211604   214.67527715        A3    6.250000%
   A4   1,000.00000000   0.00000000  5.33333333   5.33333333 1,000.00000000        A4    6.400000%
   A5   1,000.00000000   0.00000000  5.41666667   5.41666667 1,000.00000000        A5    6.500000%
   B1   1,000.00000000   0.00000000  5.54166672   5.54166672 1,000.00000000        B1    6.650000%
 ------ --------------  -----------  ----------  ----------- --------------       -----  ---------
 TOTALS   312.10173923  18.57681581  1.66837382  20.24518963   293.52492342
 ====== ==============  ===========  ==========  =========== ==============
</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

<PAGE>


                     Chase Manhattan Auto Owner Trust 1997-A
                                 August 16, 1999
- --------------------------------------------------------------------------------
                         STATEMENT TO CERTIFICATEHOLDERS
<TABLE>

<S>      <C>                                                                  <C>
                                           Due Period                                 29
                                           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                                             304,469.22

 Section 5.8(iii)   Servicing Fee per $1000                                     0.260085

 Section 5.8(iv)    Administration Fee                                          1,000.00

 Section 5.8(iv)    Administration Fee per $1000                                0.000854

 Section 5.8(vi)    Pool Balance at the end of the Collection Period      343,616,042.96

 Section 5.8(vii)   Repurchase Amounts for Repurchased Receivable
                    By Seller                                                       0.00
                    By Servicer                                                86,845.93
                    TOTAL                                                      86,845.93

 Section 5.8(viii)  Realized Net Losses for Collection Period                 274,117.82

 Section 5.8(ix)    Reserve Account Balance after Disbursement             10,308,481.29

 Section 5.8(x)     Specified Reserve Account Balance                      10,308,481.29

 Section 5.8(xi)    Total Distribution Amount                              24,322,316.97
                    Servicing Fee                                             304,469.22
                    Administration Fee                                          1,000.00
                    Noteholders Distribution Amount                        23,505,296.33
                    Certficateholders Distribution Amount                     194,810.19
                    Deposit to Reserve Account                                316,741.23
</TABLE>






 [X]                        (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION



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