CHASE MANHATTAN BANK USA
8-K, 1999-07-30
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: July 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 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:

         On 7/15/99, Chase Manhattan Auto Owner Trust 1997-A (the "Trust") made
the distribution to Certificateholders contemplated by the Sale and Servicing
Agreement, dated as of February 28, 1997, (the "Sale and Servicing Agreement"),
between the Registrant, as Seller and Servicer, and the Trust, as Issuer.

         A copy of the Certificateholder Report for such Distribution Dates
delivered pursuant to section 5.8 of the Sale and Servicing Agreement is being
filed as Exhibit 20.1 to this Current Report on Form 8-K.

Item 7(c).   Exhibits

             Exhibits       Description
             --------       ------------

             20.1           Monthly Certificateholder's statement with respect
                            to the July 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:  July 30, 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                       Certificateholder  Reports dated 7/15/1999 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

                                  July 15, 1999

<TABLE>
<CAPTION>


                                                                  DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
<S>        <C>                <C>              <C>               <C>              <C>            <C>       <C>        <C>
              ORIGINAL               PRIOR                                                                               CURRENT
              FACE                   PRINCIPAL                                                   REALIZED  DEFERRED     PRINCIPAL
CLASS         VALUE                  BALANCE          PRINCIPAL       INTEREST        TOTAL       LOSSES   INTEREST      BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
 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   103,373,996.30    23,664,652.97     538,406.23      24,203,059.20    0.00       0.00     79,709,343.33
 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   389,027,714.43    23,664,652.97   2,076,341.42      25,740,994.39    0.00       0.00    365,363,061.46
- ------------------------------------------------------------------------------------------------------------------------------------

</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         0.000000               A1      5.545000 %
 A2            0.00000000     0.00000000  0.00000000  0.00000000         0.000000               A2      5.950000 %
 A3          382.86665296    87.64686285  1.99409715 89.64096000       295.2197911              A3      6.250000 %
 A4            1,000.0000     0.00000000  5.33333333  5.33333333     1,000.000000               A4      6.400000 %
 A5            1,000.0000     0.00000000  5.41666667  5.41666667     1,000.000000               A5      6.500000 %
 B1            1,000.0000     0.00000000  5.54166672  5.54166672     1,000.000000               B1      6.650000 %
- -----------------------------------------------------------------------------------           ---------------------
TOTALS       332.31664360    20.21490438  1.77365978 21.98856416       312.10173923
- -----------------------------------------------------------------------------------
</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 BANK
<PAGE>


                   Chase Manhattan Auto Owner Trust 1997-A

                                  July 15, 1999
- --------------------------------------------------------------------------------
                         STATEMENT TO CERTIFICATEHOLDERS

                                Due Period                                    28
                                Due Period Beginning Date                 6/1/99
                                Due Period End Date                      6/30/99
                                Determination Date                        7/9/99

<TABLE>
<CAPTION>

<S>                        <C>                                                                       <C>
Section 5.8(iii)           Servicing Fee                                                                 324,189.76
SectFion 5.8(iii)          Servicing Fee per $1000                                                         0.276931

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                          365,363,061.46

Section 5.8(vii)           Repurchase Amounts for Repurchased Receivable
                           By Seller                                                                              0
                           By Servicer                                                                   171,827.78
                           TOTAL                                                                         171,827.78

Section 5.8(viii)          Realized Net Losses for Collection Period                                     140,841.07

Section 5.8(ix)            Reserve Account Balance after Disbursement                                 10,960,891.84

Section 5.8(x)             Specified Reserve Account Balance                                          10,960,891.84

Section 5.8(xi)            Total Distribution Amount                                                  26,699,352.75
                           Servicing Fee                                                                 324,189.76
                           Administration Fee                                                              1,000.00
                           Noteholders Distribution Amount                                            25,546,184.20
                           Certficateholders Distribution Amount                                         194,810.19
                           Deposit to Reserve Account                                                    633,168.60
</TABLE>

/X/                                   (c) COPYRIGHT 1999, CHASE MANHATTAN BANK



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