<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: February 15, 2000
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 OWNER TRUST 1996-C
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(Issuer)
United States 333-7575 22-2382028
- ------------------- ------------------------ -------------------
(State or other (Commission File Number) (IRS Employer
jurisdiction Identification No.)
of incorporation)
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
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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 February 15, 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 certificateholder with
respect to the February 15, 2000 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: February 23, 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
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INDEX TO EXHIBITS
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Exhibit No. Description
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20.1 Statement to Certificateholders dated
2/15/2000 delivered pursuant to Section
5.8 of the Sale and Servicing Agreement
dated as of December 1, 1996.
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Page 1
Chase Manhattan Auto Owner Trust 1996-C
Statement to Certificateholders
February 15 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 178,000,000.00 165,969,338.89 11,771,752.48 850,592.86 12,622,345.34 0.00 0.00 154,197,586.41
B1 30,938,845.63 12,542,611.91 376,598.89 65,326.10 441,924.99 0.00 0.00 12,166,013.02
TOTALS 996,938,845.63 178,511,950.80 12,148,351.370 915,918.96 13,064,270.33 0.00 0.00 166,363,599.43
</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 .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 932.41201624 66.13344090 4.77861157 70.91205247 866.27857534 A4 6.150000 %
B1 405.40012578 12.17236398 2.11145887 14.28382284 393.22776181 B1 6.250000 %
TOTALS 179.06008135 12.18565354 .91873134 13.10438488 166.87442781
</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]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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Page 2
Chase Manhattan Auto Owner Trust 1996-C
February 15 2000
STATEMENT TO CERTIFICATEHOLDERS
Due Period 38
Due Period Beginning Date 01/01/00
Due Period End Date 01/31/00
Determination Date 02/10/00
<TABLE>
<S> <C>
Section 5.8(iii) Servicing Fee 148,759.96
Section 5.8(iii) Servicing Fee per $1000 0.14921674
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 166,363,599.43
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 127,884.58
TOTAL 127,884.58
Section 5.8(viii) Realized Net Losses for Collection Period 81,229.61
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 13,536,138.66
Servicing Fee 148,759.96
Administration Fee 1,000.00
Noteholders Distribution Amount 12,622,345.34
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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Page 3
Chase Manhattan Auto Owner Trust 1996-C
February 15 2000
<TABLE>
<S> <C>
Certficateholders Distribution Amount 441,924.99
Deposit to Reserve Account 322,108.37
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
