<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
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(Originator of the Trust referred to herein)
(Exact name of the registrant as specified in its charter)
CHASE MANHATTAN AUTO GRANTOR TRUST 1996-B
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(Issue with respect to Certificates)
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<S> <C> <C>
New York 333-7575 22-2382028
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
</TABLE>
270 Park Avenue, New York, New York 10017
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 270-6000
<PAGE>
Item 5. Other Events:
Chase Manhattan Auto Grantor Trust 1996-B is the issuer of two classes
of Automobile Loan Pass-Through Certificates. The certificates are serviced in
accordance with the Pooling and Servicing Agreement, dated as of September 1,
1996, as amended. The parties to the Pooling and Servicing Agreement are: Chase
Manhattan Bank USA, National Association, as seller and as servicer, and Norwest
Bank Minnesota, National Association, as trustee.
On December 15, 1999, Chase, as servicer, distributed monthly interest to
the holders of the Series 1996-B certificates. Chase furnished a copy of the
monthly certificateholders' report for the series as required by the Pooling and
Servicing Agreement. A copy of the monthly certificateholders' report is being
filed as Exhibit 20.1 to this Current Report on Form 8-K.
Item 7(c). Exhibit
Exhibits Description
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20.1 Monthly Certificateholder's statements with
respect to the December 15, 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: December 23, 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 Certificateholder Report dated 12/15/1999
delivered pursuant to Section 5.7 of the
Pooling and Servicing Agreement dated as
of September 1, 1996.
<PAGE>
Chase Manhattan Auto Grantor Trust 1996-B
Statement to Certificateholders
December 15, 1999
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<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>
A 1,478,422,107.71 232,836,846.11 18,089,444.08 1,282,542.96 19,371,987.04 0.00 0.00 214,747,402.03
B 45,725,000.00 7,201,234.82 559,474.74 40,566.96 600,041.70 0.00 0.00 6,641,760.08
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TOTALS 1,524,147,107.71 240,038,080.93 18,648,918.82 1,323,109.92 19,972,028.74 0.00 0.00 221,389,162.11
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</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>
A 157.49010035 12.23564230 0.86750797 13.10315027 145.25445805 A 6.610000%
B 157.49009995 12.23564221 0.88719431 13.12283652 145.25445774 B 6.760000%
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TOTALS 157.49010034 12.23564230 0.86809857 13.10374087 145.25445804
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</TABLE>
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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]
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[X] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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Chase Manhattan Auto Grantor Trust 1996-B
December 15, 1999
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STATEMENT TO CERTIFICATEHOLDERS
Due Period 39
Due Period Beg Date 11/01/99
Due Period End Date 11/30/99
Determination Date 12/10/99
Section 5.8(iii) Servicing Fee 200,031.73
Section 5.8(iii) Servicing Fee per $1000 0.13124175
Section 5.8(v) Pool Balance at the end of the Collection Period 221,389,162.11
Section 5.8(vi) Net Losses for Collection Period 144,953.36
Section 5.8(vii) Carryover Shortfall for Collection Period
Class A Interest 0.00
Class B Interest 0.00
Class A Principal 0.00
Class B Principal 0.00
TOTAL 0.00
Section 5.8(viii) Reserve Account Balance after Disbursement 11,431,103.00
Section 5.8(ix) Specified Reserve Account Balance 11,431,103.00
Section 5.8(x) Repurchase Amounts for Repurchased Receivables
By Seller 0.00
By Servicer 192,829.97
TOTAL 192,829.97
Section 5.8(xi) Advance Summary for Collection Period
Unreimbursed Advances for Previous Period 4,143,481.87
Unreimbursed Advances for Period 4,084,748.70
Change From Previous Periods -58,733.17
Reimbursed advance from collections 314,386.23
Reimbursed advance from liquidation proceeds 14,470.67
Reimbursed advance from reserve account withdrawals 0.00
[x] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
