<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: April 17, 2000
CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
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(Originator of the Trust referred to herein)
CHASE MANHATTAN AUTO OWNER TRUST 1996-C
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(Issuer)
(Exact name of the registrant as specified in its charter)
United States 333-7575 22-2382028
- ---------------------------- ------------------------ -------------------
(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
<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 April 17, 2000, Chase USA, as servicer, distributed monthly interest to
the holders of the cotes 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 Certificateholders with
respect to the April 17, 2000 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: April 26, 2000
By: THE CHASE MANHATTAN BANK, USA,
NATIONAL ASSOCIATION
as Servicer
By: /s/ Patricia Garvey
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Name: Patricia Garvey
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
Exhibit No. Description
- ----------- -----------
20.1 Statement to Certificateholders dated 4/17/2000
delivered pursuant to Section 5.8 of the Sale and
Servicing Agreement dated as of December 1, 1996.
<PAGE>
Page 1
Chase Manhattan Auto Owner Trust 1996-C
Statement to Certificateholders
April 17 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A4 178,000,000.00 142,874,736.24 12,486,880.16 732,233.02 13,219,113.18 0.00 0.00 130,387,856.08
B1 30,938,845.63 11,803,775.30 399,477.07 61,478.00 460,955.07 0.00 0.00 11,404,298.23
TOTALS 996,938,845.63 154,678,511.54 12,886,357.230 793,711.02 13,680,068.25 0.00 0.00 141,792,154.31
</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 .00000000 .00000000 .00000000 .00000000 .00000000 A1 5.489000 %
A2 .00000000 .00000000 .00000000 .00000000 .00000000 A2 5.750000 %
A3 .00000000 .00000000 .00000000 .00000000 .00000000 A3 5.950000 %
A4 802.66705753 70.15101213 4.11366865 74.26468079 732.51604539 A4 6.150000 %
B1 381.51957708 12.91182854 1.98708125 14.89890979 368.60774854 B1 6.250000 %
TOTALS 155.15346023 12.92592548 .79614815 13.72207364 142.22753475
</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]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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Page 2
Chase Manhattan Auto Owner Trust 1996-C
April 17 2000
STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<CAPTION>
<S> <C>
Due Period 40
Due Period Beginning Date 03/01/00
Due Period End Date 03/31/00
Determination Date 04/10/00
<CAPTION>
<S> <C>
Section 5.8(iii) Servicing Fee 128,898.76
Section 5.8(iii) Servicing Fee per $1000 0.12929455
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 141,792,154.31
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 122,166.67
TOTAL 122,166.67
Section 5.8(viii) Realized Net Losses for Collection Period 180,475.37
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 13,918,162.74
Servicing Fee 128,898.76
Administration Fee 1,000.00
Noteholders Distribution Amount 13,219,113.18
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Manhattan Auto Owner Trust 1996-C
April 17 2000
Certficateholders Distribution Amount 460,955.07
Deposit to Reserve Account 108,195.73
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
