Exhibit 99.2
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Exhibit C to Indenture Supplement to Indenture
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A.
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In accordance with Section 3.01 of the Third Amended and Restated BAseries Indenture Supplement dated as of December 17, 2015, between BA Credit Card Trust and The Bank of New York Mellon, BAseries Available Funds shall be applied in the priority described in the chart below. This chart is only an overview of the application and priority of payments of BAseries Available Funds. For a more detailed description, please see the Third Amended and Restated BAseries Indenture Supplement as included in Exhibit 4.5 to Registrant's Form 8-K filed with SEC on December 18, 2015.
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B. | Targeted deposits to Interest Funding sub-Accounts: |
Targeted Deposit to Interest Funding sub-Account for applicable
Monthly Period
|
Actual Deposit to Interest Funding sub-Account for applicable Monthly Period
|
Shortfall from earlier Monthly Periods
|
Interest Funding sub-account Balance prior to
Withdrawals
|
Interest Funding sub-Account Earnings
|
|||||||||
Class A:
|
|||||||||||||
Class A (2004-03)
|
$446,869.31
|
$446,869.31
|
$0.00
|
$446,869.31
|
$0.00
|
||||||||
Class A (2007-01)
|
$2,154,166.67
|
$2,154,166.67
|
$0.00
|
$2,154,166.67
|
$0.00
|
||||||||
Class A (2007-04)
|
$134,682.08
|
$134,682.08
|
$0.00
|
$134,682.08
|
$0.00
|
||||||||
Class A (2007-11)
|
$189,909.44
|
$189,909.44
|
$0.00
|
$189,909.44
|
$0.00
|
||||||||
Class A (2014-01)
|
$1,298,006.60
|
$1,298,006.60
|
$0.00
|
$1,298,006.60
|
$0.00
|
||||||||
Class A (2014-02)
|
$808,744.79
|
$808,744.79
|
$0.00
|
$808,744.79
|
$0.00
|
||||||||
Class A (2014-03)
|
$730,639.86
|
$730,639.86
|
$0.00
|
$730,639.86
|
$0.00
|
||||||||
Class A (2015-01)
|
$768,528.75
|
$768,528.75
|
$0.00
|
$768,528.75
|
$0.00
|
||||||||
Class A (2015-02)
|
$1,360,000.00
|
$1,360,000.00
|
$0.00
|
$1,360,000.00
|
$0.00
|
||||||||
Class A (2016-01)
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$562,746.88
|
$562,746.88
|
$0.00
|
$562,746.88
|
$0.00
|
||||||||
Class A Total:
|
$8,454,294.38
|
$8,454,294.38
|
$0.00
|
$8,454,294.38
|
$0.00
|
||||||||
Class B:
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|||||||||||||
Class B (2010-01)
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$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
||||||||
Class B Total:
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$0.00
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$0.00
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$0.00
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$0.00
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$0.00
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||||||||
Class C:
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|||||||||||||
Class C (2010-01)
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$0.00
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$0.00
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$0.00
|
$0.00
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$0.00
|
||||||||
Class C Total:
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$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
||||||||
Total:
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$8,454,294.38
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$8,454,294.38
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$0.00
|
$8,454,294.38
|
$0.00
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||||||||
C.
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Interest to be paid on the corresponding Payment Date:
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CUSIP Number
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Interest Payment Date
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Interest Rate
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Amount of interest to be paid on corresponding Interest Payment Date
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|||||
Class A:
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||||||||
Class A (2004-03)
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55264TCL3
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August 15, 2016
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0.7413500%
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$446,869.31
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||||
Class A (2007-01)
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05522RAS7
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August 15, 2016
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5.1700000%
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$2,154,166.67
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||||
Class A (2007-04)
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05522AAD7
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August 15, 2016
|
0.5213500%
|
$134,682.08
|
||||
Class A (2007-11)
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05522RBG2
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August 15, 2016
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0.5513500%
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$189,909.44
|
||||
Class A (2014-01)
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05522RCQ9
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August 15, 2016
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0.8613500%
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$1,298,006.60
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||||
Class A (2014-02)
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05522RCR7
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August 15, 2016
|
0.7513500%
|
$808,744.79
|
||||
Class A (2014-03)
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05522RCS5
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August 15, 2016
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0.7713500%
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$730,639.86
|
||||
Class A (2015-01)
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05522RCT3
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August 15, 2016
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0.8113500%
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$768,528.75
|
||||
Class A (2015-02)
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05522RCU0
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August 15, 2016
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1.3600000%
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$1,360,000.00
|
||||
Class A (2016-01)
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05522RCV8
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August 15, 2016
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0.8713500%
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$562,746.88
|
||||
Class A Total:
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$8,454,294.38
|
|||||||
Total:
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$8,454,294.38
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|||||||
D. | Targeted deposits to Class C Reserve sub-Accounts: |
Targeted Deposit to Class C Reserve sub-Account for applicable Monthly Period
|
Actual Deposit to Class C Reserve sub-Account for applicable Monthly Period
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Class C Reserve sub-Account Balance on Transfer Date prior to withdrawals
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Class C Reserve sub-Account Earnings
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Amount of interest to be paid on corresponding Interest Payment Date
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|||||||||
NOTHING TO REPORT
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E.
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Withdrawals to be made from the Class C Reserve sub-Accounts on the corresponding Transfer Date:
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Targeted Deposit to Withdrawals for Interest
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Actual Deposit to Withdrawals for Principal
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Class C Reserve Class C Reserve sub-Account Balance on Transfer Date after withdrawals
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|||||
NOTHING TO REPORT
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F.
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Targeted deposits to Principal Funding sub-Accounts:
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Targeted Deposit to Principal Funding sub-Account for applicable Monthly Period
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Actual Deposit to Principal Funding sub-Account for applicable Monthly Period
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Shortfall from earlier Monthly Periods
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Principal Funding sub-Account Balance on Transfer Date
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Principal Funding sub-Account Earnings
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||||||||
NOTHING TO REPORT
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G.
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Principal to be paid on the corresponding Principal Payment Date:
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CUSIP Number
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Principal Payment Date
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Amount of principal to be paid on corresponding Principal Payment Date
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|||
NOTHING TO REPORT
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H. | Stated Principal Amount, Outstanding Dollar Principal Amount and Nominal Liquidation Amount for the related Monthly Period: |
Initial Dollar Principal Amount
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Outstanding Principal
Amount
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Adjusted Outstanding Principal Amount
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Nominal Liquidation Amount
|
||||||
Class A:
|
|||||||||
Class A (2004-03)
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$700,000,000.00
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$700,000,000.00
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$700,000,000.00
|
$700,000,000.00
|
|||||
Class A (2007-01)
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$500,000,000.00
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$500,000,000.00
|
$500,000,000.00
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$500,000,000.00
|
|||||
Class A (2007-04)
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$300,000,000.00
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$300,000,000.00
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$300,000,000.00
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$300,000,000.00
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|||||
Class A (2007-11)
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$400,000,000.00
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$400,000,000.00
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$400,000,000.00
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$400,000,000.00
|
|||||
Class A (2014-01)
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$1,750,000,000.00
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$1,750,000,000.00
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$1,750,000,000.00
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$1,750,000,000.00
|
|||||
Class A (2014-02)
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$1,250,000,000.00
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$1,250,000,000.00
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$1,250,000,000.00
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$1,250,000,000.00
|
|||||
Class A (2014-03)
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$1,100,000,000.00
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$1,100,000,000.00
|
$1,100,000,000.00
|
$1,100,000,000.00
|
|||||
Class A (2015-01)
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$1,100,000,000.00
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$1,100,000,000.00
|
$1,100,000,000.00
|
$1,100,000,000.00
|
|||||
Class A (2015-02)
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$1,200,000,000.00
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$1,200,000,000.00
|
$1,200,000,000.00
|
$1,200,000,000.00
|
|||||
Class A (2016-01)
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$750,000,000.00
|
$750,000,000.00
|
$750,000,000.00
|
$750,000,000.00
|
|||||
Class A Total:
|
$9,050,000,000.00
|
$9,050,000,000.00
|
$9,050,000,000.00
|
$9,050,000,000.00
|
|||||
Class B:
|
|||||||||
Class B (2010-01)
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$3,350,000,000.00
|
$3,350,000,000.00
|
$3,350,000,000.00
|
$3,350,000,000.00
|
|||||
Class B Total:
|
$3,350,000,000.00
|
$3,350,000,000.00
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$3,350,000,000.00
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$3,350,000,000.00
|
|||||
Class C:
|
|||||||||
Class C (2010-01)
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$1,975,000,000.00
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$1,975,000,000.00
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$1,975,000,000.00
|
$1,975,000,000.00
|
|||||
Class C Total:
|
$1,975,000,000.00
|
$1,975,000,000.00
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$1,975,000,000.00
|
$1,975,000,000.00
|
|||||
Total:
|
$14,375,000,000.00
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$14,375,000,000.00
|
$14,375,000,000.00
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$14,375,000,000.00
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|||||
I.
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Class A Usage of Class B and Class C Subordinated Amounts:
|
Class A Usage of Class B Subordinated Amount for this Monthly Period
|
Class A Usage of Class C Subordinated Amount for this Monthly Period
|
Cumulative Class A Usage of Class B Subordinated Amount
|
Cumulative Class A Usage of Class C Subordinated Amount
|
||||||
NOTHING TO REPORT
|
J.
|
Class B Usage of Class C Subordinated Amounts:
|
Class B Usage of Class C Subordinated Amount for this Monthly Period
|
Cumulative Class B Usage of Class C Subordinated Amount
|
|||
NOTHING TO REPORT
|
||||
K.
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Nominal Liquidation Amount for Tranches of Notes Outstanding:
|
Beginning Nominal Liquidation Amount
|
Increases from accretions on Principal for Discount
Notes
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Increases from amounts withdrawn from the Principal Funding sub-Account in respect of Prefunding
Excess Amount
|
Reimbursements from
Available
Funds
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Reductions due to reallocations of Available Principal
Amounts
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Reductions due to Investor Charge-Offs
|
Reductions due to amounts on deposit in the Principal Funding sub-Account
|
Ending Nominal Liquidation Amount
|
|
Class A:
|
||||||||
Class A (2004-03)
|
$700,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$700,000,000.00
|
Class A (2007-01)
|
$500,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$500,000,000.00
|
Class A (2007-04)
|
$300,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$300,000,000.00
|
Class A (2007-11)
|
$400,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$400,000,000.00
|
Class A (2014-01)
|
$1,750,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1,750,000,000.00
|
Class A (2014-02)
|
$1,250,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1,250,000,000.00
|
Class A (2014-03)
|
$1,100,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1,100,000,000.00
|
Class A (2015-01)
|
$1,100,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1,100,000,000.00
|
Class A (2015-02)
|
$1,200,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1,200,000,000.00
|
Class A (2016-01)
|
$750,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$750,000,000.00
|
Class A Total:
|
$9,050,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$9,050,000,000.00
|
Class B:
|
||||||||
Class B (2010-01)
|
$3,350,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$3,350,000,000.00
|
Class B Total:
|
$3,350,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$3,350,000,000.00
|
Class C:
|
||||||||
Class C (2010-01)
|
$1,975,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1,975,000,000.00
|
Class C Total:
|
$1,975,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1,975,000,000.00
|
Total:
|
$14,375,000,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$14,375,000,000.00
|
L.
|
Excess Available Funds and 3 Month Excess Available Funds:
|
Excess Available Funds
|
$187,253,434.45†
|
Is 3 Month Excess Available Funds < 0 ? (Yes/No)
|
No
|
M.
|
Other Performance Triggers
|
Has a Class C Reserve sub-Account funding trigger occurred? (Yes/No)
|
No
|
BANK OF AMERICA, NATIONAL ASSOCIATION,
|
|
Servicer
|
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By: /S/Joseph L. Lombardi
|
|
Name: Joseph L. Lombardi
|
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Title: Vice President
|
|