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1. DESCRIPCIÓN DE METALPLAS S.A

2.5. MARCO CONCEPTUAL

2.5.4. Clasificación de los Inventarios

The table below sets forth the principal characteristics of the Class A and Class B certificates of the series that the master trust has issued that are currently outstanding. The table does not include the Series 2007-CC collateral certificate. For more specific information with respect to any series, you should contact the master servicer at (302) 323-7434. The master servicer will provide you, without charge, a copy of the prospectus, prospectus supplement and series supplement, without exhibits, for any publicly issued series.

Series 1996-4 1998-5 2001-1 2003-1, Subseries 3 Investor Interest Class A. . . $1,000,000,000 $671,980,000 $1,200,000,000 $500,000,000 Class B . . . $52,632,000 $35,368,000 $63,158,000 $26,316,000 Interest Rate(1)

Class A. . . LIBOR + 0.375% LIBOR - 0.125% LIBOR + 0.22% LIBOR + 0.14% Class B . . . LIBOR + 0.55% LIBOR + 0.33% LIBOR + 0.55% LIBOR + 0.48% Initial Credit Enhancement(2)

Class A. . . 11.00% 12.50% 12.50% 12.50%

Class B . . . 6.00% 7.50% 7.50% 7.50%

Interchange Allocations . . . No No No No

Closing Date . . . April 30, 1996 June 12, 1998 January 4, 2001 January 22, 2003 Expected Maturity Date

Class A. . . April 15, 2011 June 16, 2008 January 15, 2008 October 15, 2007 Class B . . . May 16, 2011 July 15, 2008 February 15, 2008 November 15, 2007 Type of Principal Payment(3)

Class A. . . Bullet Bullet Bullet Bullet Class B . . . Bullet Bullet Bullet Bullet Series Termination Date . . . October 16, 2013 December 16, 2010 July 16, 2010 April 16, 2010

Series 2003-2 2003-3 2003-4, Subseries 1 2003-4, Subseries 2 Investor Interest Class A. . . $1,000,000,000 $900,000,000 $1,100,000,000 $750,000,000 Class B . . . $52,632,000 $47,369,000 $57,895,000 $39,474,000 Interest Rate(1)

Class A. . . LIBOR + 0.13% LIBOR + 0.20% LIBOR + 0.11% LIBOR + 0.18% Class B . . . 3.85% LIBOR + 0.65% LIBOR + 0.33% LIBOR + 0.43% Initial Credit Enhancement(2)

Class A. . . 12.50% 12.50% 12.50% 12.50%

Class B . . . 7.50% 7.50% 7.50% 7.50%

Interchange Allocations . . . No No No No

Closing Date . . . February 18, 2003 March 25, 2003 December 30, 2003 December 30, 2003 Expected Maturity Date

Class A. . . February 15, 2008 March 15, 2010 November 17, 2008 November 15, 2010 Class B . . . March 17, 2008 April 15, 2010 December 15, 2008 December 15, 2010 Type of Principal Payment(3)

Class A. . . Bullet Bullet Bullet Bullet Class B . . . Bullet Bullet Bullet Bullet Series Termination Date . . . August 17, 2010 September 18, 2012 May 17, 2011 May 16, 2013 (1) Unless otherwise specified, “LIBOR” means the London interbank offered rate for one-month dollar deposits, determined two business days

before the start of each interest accrual period.

(2) Expressed as a percentage of the initial series investor interest.

(3) “Bullet” means that the master trust is scheduled to repay principal in one payment. “Liquidating” means that the master trust will repay principal over a period of time in a number of payment installments.

Series 2004-1 2004-2, Subseries 1 2004-2, Subseries 2 2005-1 Investor Interest Class A. . . $1,250,000,000 $1,250,000,000 $500,000,000 $1,500,000,000 Class B . . . $65,790,000 $65,790,000 $26,316,000 $78,948,000 Interest Rate(1)

Class A. . . LIBOR + 0.03% LIBOR + 0.02% LIBOR + 0.07% LIBOR + 0.01% Class B . . . LIBOR + 0.18% LIBOR + 0.16% LIBOR + 0.24% LIBOR + 0.15% Initial Credit Enhancement(2)

Class A. . . 12.50% 12.50% 12.50% 12.50%

Class B . . . 7.50% 7.50% 7.50% 7.50%

Interchange Allocations . . . Yes Yes Yes Yes

Closing Date . . . November 3, 2004 December 2, 2004 December 2, 2004 January 18, 2005 Expected Maturity Date

Class A. . . October 15, 2007 November 15, 2007 November 16, 2009 March 17, 2008 Class B . . . November 15, 2007 December 17, 2007 December 15, 2009 April 15, 2008 Type of Principal Payment(3)

Class A. . . Bullet Bullet Bullet Bullet Class B . . . Bullet Bullet Bullet Bullet Series Termination Date . . . April 16, 2010 May 18, 2010 May 16, 2012 September 16, 2010

Series 2005-2 2005-A(4) 2005-3 2005-4, Subseries 1 Investor Interest Class A. . . $800,000,000 $2,000,000,000 $1,500,000,000 $700,000,000 Class B . . . $42,106,000 N/A $78,948,000 $36,843,000 Interest Rate(1)

Class A. . . LIBOR + 0.03% Variable LIBOR + 0.02% LIBOR + 0.06% Class B . . . LIBOR + 0.16% N/A LIBOR + 0.19% LIBOR + 0.25% Initial Credit Enhancement(2)

Class A. . . 12.50% 7.50% 12.50% 12.50%

Class B . . . 7.50% N/A 7.50% 7.50%

Interchange Allocations . . . Yes Yes Yes Yes

Closing Date . . . October 13, 2005 November 29, 2005 November 30, 2005 December 16, 2005 Expected Maturity Date

Class A. . . October 15, 2009 November 17, 2008 November 17, 2008 December 15, 2010 Class B . . . November 16, 2009 N/A December 15, 2008 January 18, 2011 Type of Principal Payment(3)

Class A. . . Bullet Liquidating Bullet Bullet Class B . . . Bullet N/A Bullet Bullet Series Termination Date . . . April 17, 2012 May 17, 2011 May 17, 2011 June 18, 2013 (1) Unless otherwise specified, “LIBOR” means the London interbank offered rate for one-month dollar deposits, determined two business days

before the start of each interest accrual period.

(2) Expressed as a percentage of the initial series investor interest.

(3) “Bullet” means that the master trust is scheduled to repay principal in one payment. “Liquidating” means that the master trust will repay principal over a period of time in a number of payment installments.

(4) Series 2005-A, Series 2006-A, and Series 2006-B consist of certificates which were issued only to accredited investors, and are not publicly available. Amounts shown next to the heading “Investor Interest” reflect the maximum series investor interest. Applicable interest rates are variable interest rates which are tied to commercial paper rates.

Series 2005-4, Subseries 2 2006-A(4) 2006-B(4) 2006-1, Subseries 1 Investor Interest Class A. . . $800,000,000 $2,400,000,000 $700,000,000 $750,000,000 Class B . . . $42,106,000 N/A N/A $39,474,000 Interest Rate(1)

Class A. . . LIBOR + 0.09% Variable Variable LIBOR + 0.01% Class B . . . LIBOR + 0.33% N/A N/A LIBOR + 0.15% Initial Credit Enhancement(2)

Class A. . . 12.50% 7.50% 7.50% 12.50%

Class B . . . 7.50% N/A N/A 7.50%

Interchange Allocations . . . Yes Yes Yes Yes

Closing Date . . . December 16, 2005 January 27, 2006 January 27, 2006 February 28, 2006 Expected Maturity Date

Class A. . . December 17, 2012 January 15, 2009 January 15, 2009 February 17, 2009 Class B . . . January 15, 2013 N/A N/A March 16, 2009 Type of Principal Payment(3)

Class A. . . Bullet Liquidating Liquidating Bullet

Class B . . . Bullet N/A N/A Bullet

Series Termination Date . . . June 16, 2015 July 18, 2011 July 18, 2011 August 16, 2011

Series 2006-1, Subseries 2 2006-2, Subseries 1 2006-2, Subseries 2 2006-2, Subseries 3 Investor Interest Class A. . . $750,000,000 $600,000,000 $600,000,000 $320,000,000 Class B . . . $39,474,000 $31,579,000 $31,579,000 $16,843,000 Interest Rate(1)

Class A. . . LIBOR + 0.05% LIBOR + 0.00% LIBOR + 0.03% LIBOR + 0.08% Class B . . . LIBOR + 0.21% LIBOR + 0.12% LIBOR + 0.16% LIBOR + 0.26% Initial Credit Enhancement(2)

Class A. . . 12.50% 12.50% 12.50% 12.50%

Class B . . . 7.50% 7.50% 7.50% 7.50%

Interchange Allocations . . . Yes Yes Yes Yes

Closing Date . . . February 28, 2006 July 27, 2006 July 27, 2006 July 27, 2006 Expected Maturity Date

Class A. . . February 15, 2011 July 15, 2009 July 15, 2011 July 15, 2013 Class B . . . March 15, 2011 August 17, 2009 August 15, 2011 August 15, 2013 Type of Principal Payment(3)

Class A. . . Bullet Bullet Bullet Bullet Class B . . . Bullet Bullet Bullet Bullet Series Termination Date . . . August 16, 2013 January 18, 2012 January 16, 2014 January 19, 2016 (1) Unless otherwise specified, “LIBOR” means the London interbank offered rate for one-month dollar deposits, determined two business days

before the start of each interest accrual period.

(2) Expressed as a percentage of the initial series investor interest.

(3) “Bullet” means that the master trust is scheduled to repay principal in one payment. “Liquidating” means that the master trust will repay principal over a period of time in a number of payment installments.

(4) Series 2005-A, Series 2006-A, and Series 2006-B consist of certificates which were issued only to accredited investors, and are not publicly available. Amounts shown next to the heading “Investor Interest” reflect the maximum series investor interest. Applicable interest rates are variable interest rates which are tied to commercial paper rates.

Series 2006-3 2007-1 2007-2 2007-3, Subseries 1 Investor Interest Class A . . . $500,000,000 $1,500,000,000 $750,000,000 $1,100,000,000 Class B . . . $26,316,000 $78,948,000 $39,474,000 $57,895,000 Interest Rate(1)

Class A . . . LIBOR + 0.03% LIBOR + 0.01% LIBOR + 0.08% LIBOR + 0.01% Class B . . . LIBOR + 0.14% LIBOR + 0.10% LIBOR + 0.25% LIBOR + 0.13% Initial Credit Enhancement(2)

Class A . . . 12.50% 12.50% 12.50% 12.50%

Class B . . . 7.50% 7.50% 7.50% 7.50%

Interchange Allocations . . . Yes Yes Yes Yes

Closing Date . . . October 3, 2006 February 28, 2007 April 4, 2007 May 3, 2007 Expected Maturity Date

Class A . . . September 15, 2011 February 16, 2010 March 17, 2014 April 15, 2010 Class B . . . October 17, 2011 March 15, 2010 April 15, 2014 May 17, 2010 Type of Principal Payment(3)

Class A . . . Bullet Bullet Bullet Bullet Class B . . . Bullet Bullet Bullet Bullet Series Termination Date . . . March 18, 2014 August 16, 2012 September 16, 2016 October 16, 2012

Series 2007-3, Subseries 2 Investor Interest Class A. . . $500,000,000 Class B . . . $26,316,000 Interest Rate(1) Class A. . . LIBOR + 0.05% Class B . . . LIBOR + 0.18% Initial Credit Enhancement(2)

Class A. . . 12.50% Class B . . . 7.50% Interchange Allocations . . . Yes Closing Date . . . May 3, 2007 Expected Maturity Date

Class A. . . April 16, 2012 Class B . . . May 15, 2012 Type of Principal Payment(3)

Class A. . . Bullet Class B . . . Bullet Series Termination Date . . . October 16, 2014

(1) Unless otherwise specified, “LIBOR” means the London interbank offered rate for one-month dollar deposits, determined two business days before the start of each interest accrual period.

(2) Expressed as a percentage of the initial series investor interest.

(3) “Bullet” means that the master trust is scheduled to repay principal in one payment. “Liquidating” means that the master trust will repay principal over a period of time in a number of payment installments.

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