<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: December 15, 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 1996-C
----------------------------------------
(Issuer)
<TABLE>
<S> <C> <C>
Delaware 333-7575 22-2382028
- ---------------------------- ----------------------- ------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
</TABLE>
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 1996-C is the issuer of 4 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 1996-C, as issuer.
On December 15, 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 certificateholder with
respect to the December 15, 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: December 23, 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 11/15/1999
delivered pursuant to Section 5.8 of the Sale and
Servicing Agreement dated as of December 1, 1996.
<PAGE>
Chase Manhattan Auto Owner Trust 1996-C
Statement to Certificateholders
December 15, 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 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 13,987,341.91 13,174,169.19 69,353.90 13,243,523.09 0.00 0.00 813,172.72
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 13,374,973.20 421,464.65 69,661.32 491,125.97 0.00 0.00 12,953,508.55
- --------------------------------------------------------------------------------------------------------------------------
TOTALS 996,938,845.63 205,362,315.11 13,595,633.84 1,051,265.22 14,646,899.06 0.00 0.00 191,766,681.27
- --------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------- ----------------------
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
- --------------------------------------------------------------------------------- ----------------------
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL PASS-THRU
CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR CLASS 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 43.17080836 40.66101602 0.21405525 40.87507127 2.50979235 A3 5.950000%
A4 1,000.00000000 0.00000000 5.12500000 5.12500000 1,000.00000000 A4 6.150000%
B1 432.30356297 13.62250729 2.25158110 15.87408838 418.68105568 B1 6.250000%
- --------------------------------------------------------------------------------- ----------------------
TOTALS 205.99289115 13.63737997 1.05449319 14.69187315 192.35551118
- ---------------------------------------------------------------------------------
</TABLE>
- --------------------------------------------------------------------------------
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT
THE ADMINISTRATOR LISTED BELOW:
Mark McDermott
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7016
Email: [email protected]
- --------------------------------------------------------------------------------
[x] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Manhattan Auto Owner Trust 1996-C
December 15, 1999
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------
STATEMENT TO CERTIFICATEHOLDERS
<S> <C> <C>
Due Period 36
Due Period Beginning Date 11/01/99
Due Period End Date 11/30/99
Determination Date 12/10/99
Section 5.8(iii) Servicing Fee 171,135.26
Section 5.8(iii) Servicing Fee per $1000 0.17166074
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00100307
Section 5.8(vi) Pool Balance at the end of the Collection Period 191,766,681.27
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 135,720.85
TOTAL 135,720.85
Section 5.8(viii) Realized Net Losses for Collection Period 175,058.52
Section 5.8(ix) Reserve Account Balance after Disbursement 7,477,041.34
Section 5.8(x) Specified Reserve Account Balance 7,477,041.34
Section 5.8(xi) Total Distribution Amount 15,068,722.92
Servicing Fee 171,135.26
Administration Fee 1,000.00
Noteholders Distribution Amount 14,155,773.09
Certficateholders Distribution Amount 491,125.97
Deposit to Reserve Account 249,688.60
</TABLE>
[x] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
