8-K 1 a8k2003a.txt 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(Date of earliest event reported): March 31, 2003 Onyx Acceptance Grantor Trust 2003-A ------------------------------------------------------------------------------ (Issuer with respect to Certificates) Onyx Acceptance Financial Corporation ------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Commission File Number 333-51636 (I.R.S. EmployerIdentification No.) 33-0639768 State or other jurisdiction of incorporation or organization Delaware Onyx Acceptance Financial Corporation 27051 Towne Centre Drive Foothill Ranch 92610 949 465-3900 Item 5. Other Events On behalf of the Onyx Acceptance Owner Trust 2003-A, (the"Trust"), a trust created pursuant to the Trust Agreement dated as of January 1, 2003 with Onyx Acceptance Financial Corporation as registrant and seller and The Bank of New York (Delaware) as Owner Trustee and JP Morgan Chase Bank as Trust Agent, the registrant has caused to be filed with the Commission, the March 2003 monthly Distribution Date Statement with respect to the Trust. This Distribution Date Statement is filed pursuant to and in accordance with a no action request filed on August 21, 1995 with the Commission by Onyx Acceptance Financial Corporation, originator of the Onyx Acceptance Owner Trust 2003-A and Onyx Acceptance Corporation as servicer and the affirmative response thereto by the Securities and Exchange Commission dated September 22, 1995. The filing of the monthly Distribution Date Statement will occur subsequent to each monthly distribution to the Trust's Securityholders until and unless exempted under provisions of the Securities and Exchange Act. Item 7. Financial Statements and Exhibits (a) Financial Statements None (c) Exhibits Exhibit No. 19.Monthly Distribution Date Statement of the Onyx Acceptance Owner Trust 2003-A for the month of March 2003. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Onyx Acceptance Financial Corporation /s/ DON P. DUFFY By:_____________________________________________________ Don P. Duffy Executive Vice President Exhibit 19

Onyx Acceptance Owner Trust 2003_A 1.36% Class A-1 Auto Loan Backed Notes CUSIP 68338SDL9 $79,000,000 1.64% Class A-2 Auto Loan Backed Notes CUSIP 68338SDM7 $97,000,000 2.23% Class A-3 Auto Loan Backed Notes CUSIP 68338SDN5 $107,000,000 3.04% Class A-4 Auto Loan Backed Notes CUSIP 68338SDP0 $117,000,000 N/A Class B Auto Loan Backed Notes $0 30-Aug-00 Total Securities Issued $400,000,000 Collection Period Beginning on: 0103/01/2003 Collection Period Ending on: 0103/31/2003 Distribution Date: 0204/1815/2003 1 Original Pool Balance of underlying Contracts $400,000,000.00 1a Subsequent Contracts $103,997,934.11 1b Original Prefunded Amount $172,576,007.00 2 Collection Period Beginning Pool Balance of underlying Contracts $~~123~~360,~~426~~373,~~058~~749.8991 3 Securities Balance : Beginning $~~400~~384,~~000~~743,~~000~~024.0020 Net Collections for the Collection Period 4 Monthly P&I, partial prepayments & Full Prepayments in Calendar Month $616,~~446~~241,~~336~~299.5958 5 Full Prepayments through first 5 business days of current month (Precompute only) 1668,~~864~~276.3646 5a Full Prepayments through first 5 business days of current month (Simple ~~interest1~~interest only) 2,~~031~~072,~~428~~156.7821 6 Full Prepayments included in Prior Collection Period (Precompute only) 014,520.0093 6a Full Prepayments included in Prior Collection Period (Simple Interest only) 01,402,443.0021 7 Partial Prepayments of Rule of 78's contracts deposited to PayAhead Acct ~~14,119~~0.3900 8 Amounts Withdrawn from PayAhead Acct & Deposited to Collection Acct 013,883.0074 9 Capitalized Interest Amount ~~149~~25,~~923~~957.5709 10 Net Liquidation Proceeds on Defaulted Contracts 010,780.00 11 Net Liquidation Proceeds first 5 business days of current month 0.00 12 Net Liquidation Proceeds included in Prior Collection Period 0.00 13 Net Insurance Proceeds 0.00 14 Net Insurance Proceeds first 5 business days of current month 0.00 15 Net Insurance Proceeds included in Prior Collection Period 0.00 16 Aggregate Purchase Amount for Purchased Contracts (Repurchases) 0.00 17 Reinvestment earnings on Funds in Collection Acct (ccma acct #012958) ~~380~~7,070.2883 17a Prepayment Amount (Final Funding Period Distribution Date only) (236) 0.00 17b Investment earnings on funds in Prefunding Account 1220,~~081~~751.0797 18 Net Collections $717,~~642~~043,~~895~~211.2674 Computation of Regular Principal Distributable Amount 19 Scheduled Principal Decline (recomputed actuarial) Precompute contracts only 41124,~~573~~344.3442 20 Principal Collected: Payments only - Simple Interest contracts 25,~~039~~762,~~372~~204.8625 21 Principal Collected: Full Prepayments - S.I. thru month-end 35,~~138~~756,~~122~~704.6454 22 Full Prepayments through first 5 business days of current month: Simple ~~Interest1~~Interest only 2,~~031~~072,~~428~~156.7821 23 Full Prepayments: Precompute only thru month end 23103,~~255~~430.5056 24 Full Prepayments through first 5 business days of current month: Precompute only 1668,~~864~~276.3646 25 Defaulted Contracts (Liquidated Proceeds received) 016,543.0050 26 Defaulted Contracts thru 1st 5 business days of current month 0.00 27 Defaulted Contracts (4 or more periods.) 0.00 28 Defaulted Contracts (4 or more periods.Liquidated Proceeds not received) 0.00 29 Repurchased Contracts 0.00 30 Regular Principal Distributable Amount (Sum of 19 thru 29) $613,~~290~~903,~~617~~659.4894 30a Subsequent Contracts sold to Trust during related Collection Period $~~103,997,934~~0.1100 30b Prefunded Contracts sold to Trust during related Collection Period $024,369,275.0025 31 Collection Period Ending Pool Balance of underlying Contracts $~~221~~370,~~133~~839,~~375~~365.5222 32 Collection Period Ending Pool Balance as a percent of Original Pool Balance 5592.2871% 33 Accelerated Principal Target Level N/A 34 Accelerated Principal Distributable Amount $0.00 Calculation of Class A Note Interest Distributable Amount Class A Note Interest Accrual Period begins Class A Note Interest Accrual Period ends 35 Class A-1 Notes: Outstanding Principal Amount $7963,~~000~~743,~~000~~024.0020 36 Class A-1 Note Interest Carryover Shortfall $0.00 37 Class A-1 Note Interest Accrual over Interest Accrual Period $5669,~~704~~834.4402 38 Class A-1 Note Interest Distributable Amount (36 + 37) $5669,~~704~~834.4402 39 Class A-2 Notes: Outstanding Principal Amount $97,000,000.00 40 Class A-2 Note Interest Carryover Shortfall $0.00 41 Class A-2 Note Interest Accrual over Interest Accrual Period $66132,~~283~~566.3367 42 Class A-2 Note Interest Distributable Amount (40 + 41) $66132,~~283~~566.3367 43 Class A-3 Notes: Outstanding Principal Amount $107,000,000.00 44 Class A-3 Note Interest Carryover Shortfall $0.00 45 Class A-3 Note Interest Accrual over Interest Accrual Period $99198,~~420~~841.8367 46 Class A-3 Note Interest Distributable Amount (44 + 45) $99198,~~420~~841.8367 47 Class A-4 Notes: Outstanding Principal Amount $117,000,000.00 48 Class A-4 Note Interest Carryover Shortfall $0.00 49 Class A-4 Note Interest Accrual over Interest Accrual Period $~~148~~296,~~200~~400.00 50 Class A-4 Note Interest Distributable Amount (48 + 49) $~~148~~296,~~200~~400.00 51 Class A Note Interest Distributable Amount $~~370~~697,~~608~~642.6036 Calculation of Class A Note Principal Distributable Amount 52 Class A-1 Note original outstanding principal amount $79,000,000.00 53 Class A-1 Note outstanding principal amount: Beginning (35) $7963,~~000~~743,~~000~~024.0020 54 Class A-1 Note Principal Carryover Shortfall $0.00 55 Class A-1 Note Percentage 100% 56 Class A-1 Note Percentage multiplied by Regular Principal Distributable Amount $613,~~290~~903,~~617~~659.4894 57 Class A-1 Note Accelerated Principal Distributable Amount $0.00 58 Class A-1 Note Principal Distributable Amount (54 + 56 + 57) $613,~~290~~903,~~617~~659.4894 59 Class A-1 Note outstanding principal amount: Ending (53 - 58) $7249,~~709~~839,~~382~~364.5226 60 Class A-1 Note Pool Factor (59 / 52) 0.~~920372~~630878 61 Class A-2 Note original outstanding principal amount $97,000,000.00 62 Class A-2 Note outstanding principal amount: Beginning (39) $97,000,000.00 63 Class A-2 Note Principal Carryover Shortfall $0.00 64 Class A-2 Note Percentage 0% 65 Class A-2 Note Percentage multiplied by Regular Principal Distributable Amount $0.00 66 Class A-2 Note Accelerated Principal Distributable Amount $0.00 67 Class A-2 Note Principal Distributable Amount (63 + 65 + 66) $0.00 68 Class A-2 Note outstanding principal amount: Ending (62 - 67) $97,000,000.00 69 Class A-2 Note Pool Factor (68 / 61) 1.000000 70 Class A-3 Note original outstanding principal amount $107,000,000.00 71 Class A-3 Note outstanding principal amount: Beginning (43) $107,000,000.00 72 Class A-3 Note Principal Carryover Shortfall $0.00 73 Class A-3 Note Percentage 0% 74 Class A-3 Note Percentage multiplied by Regular Principal Distributable Amount $0.00 75 Class A-3 Note Accelerated Principal Distributable Amount $0.00 76 Class A-3 Note Principal Distributable Amount (72 + 74 + 75) $0.00 77 Class A-3 Note outstanding principal amount: Ending (71 - 76) $107,000,000.00 78 Class A-3 Note Pool Factor (77 / 70) 1.000000 79 Class A-4 Note original outstanding principal amount $117,000,000.00 80 Class A-4 Note outstanding principal amount: Beginning (47) $117,000,000.00 81 Class A-4 Note Principal Carryover Shortfall $0.00 82 Class A-4 Note Percentage 0% 83 Class A-4 Note Percentage multiplied by Regular Principal Distributable Amount $0.00 84 Class A-4 Note Accelerated Principal Distributable Amount $0.00 85 Class A-4 Note Principal Distributable Amount (81 + 83 + 84) $0.00 86 Class A-4 Note outstanding principal amount: Ending (80 - 85) $117,000,000.00 87 Class A-4 Note Pool Factor (86 / 79) 1.000000 88 Class A Note Principal Distributable Amount - Total all Class A Notes $613,~~290~~903,~~617~~659.4894 89 Class A Note outstanding principal amount - Total all Class A Notes: Ending $~~393~~370,~~709~~839,~~382~~364.5226 90 Accelerated Principal Distributable Amount $0.00 91 Class A Note Distributable Amount - Total all Class A Notes $614,~~661~~601,~~226~~302.0830 92 Memo: Class A Note Principal Carryover Shortfall $0.00 Calculation of Class B Note Interest Distributable Amount 93 Class B Note Interest Accrual Period begins 94 Class B Note Interest Accrual Period ends 95 Class B Note Balance as of immediately preceding Distribution Date $0.00 96 Class B Note Interest Carryover Shortfall $0.00 97 Class B Note Interest Accrual over Interest Accrual Period @ $0.00 98 Class B Note Interest Distributable Amount (96 + 97) $0.00 Calculation of Class B Note Principal Distributable Amount 99 Original Class B Note Balance $0.00 100 Class B Note Balance: Beginning (95) $0.00 101 Class B Note Principal Carryover Shortfall $0.00 102 Class B Note Percentage 0% 103 Class B Note Percentage multiplied by Regular Principal Distributable Amount $0.00 104 Class B Note Principal Distributable Amount (101 + 103) $0.00 105 Class B Note Balance: Ending (100 - 104) $0.00 106 Class B Note Pool Factor (105 / 99) 0.000000 107 Class B Note Distributable Amount (Principal & Interest) (98 + 104) $0.00 108 Securities Balance - Beginning $~~400~~384,~~000~~743,~~000~~024.0020 109 Principal Distribution Amount $613,~~290~~903,~~617~~659.4894 110 Securities Balance - Ending $~~393~~370,~~709~~839,~~382~~364.5226 Calculation of Total Distribution Amount 111 Interest Distribution Amount $~~370~~697,~~608~~642.6036 112 Principal Distribution Amount $613,~~290~~903,~~617~~659.4894 113 Total Distribution Amount $614,~~661~~601,~~226~~302.0830 NET COLLECTIONS PAYOUT ALLOCATION OF TOTAL DISTRIBUTION AMOUNT 114 Reinvestment Earnings on Funds in Collection Acct $~~380~~7,070.2883 115 Servicing Fee Paid this Period to Servicer $~~102~~300,~~855~~311.0546 Note Interest Paid Calculation 116 Class A-1 Note Interest Carryover Shortfall (Beginning) $0.00 117 Interest Due on Above Beginning Shortfall $0.00 118 Class A-1 Note Interest Distributable Amount $5669,~~704~~834.4402 119 Class A-1 Note Interest Paid this Period $5669,~~704~~834.4402 120 Class A-1 Note Interest Carryover Shortfall (Ending) $0.00 121 Class A-2 Note Interest Carryover Shortfall (Beginning) $0.00 122 Interest Due on Above Beginning Shortfall $0.00 123 Class A-2 Note Interest Distributable Amount $66132,~~283~~566.3367 124 Class A-2 Note Interest Paid this Period $66132,~~283~~566.3367 125 Class A-2 Note Interest Carryover Shortfall (Ending) $0.00 126 Class A-3 Note Interest Carryover Shortfall (Beginning) $0.00 127 Interest Due on Above Beginning Shortfall $0.00 128 Class A-3 Note Interest Distributable Amount $99198,~~420~~841.8367 129 Class A-3 Note Interest Paid this Period $99198,~~420~~841.8367 130 Class A-3 Note Interest Carryover Shortfall (Ending) $0.00 131 Class A-4 Note Interest Carryover Shortfall (Beginning) $0.00 132 Interest Due on Above Beginning Shortfall $0.00 133 Class A-4 Note Interest Distributable Amount $~~148~~296,~~200~~400.00 134 Class A-4 Note Interest Paid this Period $~~148~~296,~~200~~400.00 135 Class A-4 Note Interest Carryover Shortfall (Ending) $0.00 136 Class A Note Interest Carryover Shortfall (Beginning) $0.00 137 Interest Due on Above Beginning Shortfall $0.00 138 Class A Note Interest Distributable Amount $~~370~~697,~~608~~642.6036 139 Class A Note Interest Paid this Period $~~370~~697,~~608~~642.6036 140 Class A Note Interest Carryover Shortfall (Ending) $0.00 Class B Note Interest Paid Calculation 141 Class B Note Interest Carryover Shortfall (Beginning) $0.00 142 Interest Due on Above Beginning Shortfall $0.00 143 Class B Note Interest Distributable Amount $0.00 144 Class B Note Interest Paid this Period $0.00 145 Class B Note Interest Carryover Shortfall (Ending) $0.00 Class A Note Principal Paid Calculation 146 Class A-1 Note Principal Carryover Shortfall (Beginning) $0.00 147 Class A-1 Note Principal Distributable Amount $613,~~290~~903,~~617~~659.4894 148 Class A-1 Note Principal Paid this Period $613,~~290~~903,~~617~~659.4894 149 Class A-1 Note Principal Carryover Shortfall (Ending) $0.00 150 Class A-2 Note Principal Carryover Shortfall (Beginning) $0.00 151 Class A-2 Note Principal Distributable Amount $0.00 152 Class A-2 Note Principal Paid this Period $0.00 153 Class A-2 Note Principal Carryover Shortfall (Ending) $0.00 154 Class A-3 Note Principal Carryover Shortfall (Beginning) $0.00 155 Class A-3 Note Principal Distributable Amount $0.00 156 Class A-3 Note Principal Paid this Period $0.00 157 Class A-3 Note Principal Carryover Shortfall (Ending) $0.00 158 Class A-4 Note Principal Carryover Shortfall (Beginning) $0.00 159 Class A-4 Note Principal Distributable Amount $0.00 160 Class A-4 Note Principal Paid this Period $0.00 161 Class A-4 Note Principal Carryover Shortfall (Ending) $0.00 162 Class A Note Principal Carryover Shortfall (Beginning) $0.00 163 Class A Note Principal Distributable Amount $613,~~290~~903,~~617~~659.4894 164 Class A Note Principal Paid this Period $613,~~290~~903,~~617~~659.4894 165 Class A Note Principal Carryover Shortfall (Ending) $0.00 Class B Note Principal Paid Calculation 166 Class B Note Principal Carryover Shortfall (Beginning) $0.00 167 Class B Note Principal Distributable Amount $0.00 168 Class B Note Principal Paid this Period $0.00 169 Class B Note Principal Carryover Shortfall (Ending) $0.00 Summary of Distributions Paid from Net Collections this Period 170 Reinvestment Earnings on Funds in Collection Account Payable to Servicer $~~380~~7,070.2883 171 Servicing Fee Payable to Servicer (1.0% / 12 x Beginning Pool Balance) $~~102~~300,~~855~~311.0546 172 Class A Note Interest Distributable Amount Paid this Period ~~370~~697,~~608~~642.6036 173 Class B Note Interest Distributable Amount Paid this Period 0.00 174 Class A Note Principal Distributable Amount Paid this Period $613,~~290~~903,~~617~~659.4894 175 Class B Note Principal Distributable Amount Paid this Period $0.00 176 Surety Fee Payable to Insurer 346,~~333~~489.3378 177 Reinsurance Fee Payable to Insurer 122,555.56 178 Total Distributions from Collection Account $614,~~769~~977,~~350~~729.3093 179 Total Excess Spread Available for Deposit to Spread Account $~~873~~2,~~544~~065,481.9681 SPREAD ACCOUNT RECONCILIATION 180 Initial Deposit $0.00 181 Deposits to Spread Account Prior Collection Periods $02,393,676.0074 182 Deposit to Spread Account this Collection Period $~~873~~2,~~544~~065,481.9681 183 Reinvestment Earnings on Funds in Spread Acct $01,543.0078 184 Draws from Spread Account Prior Periods $0.00 185 Spread Account Balance $~~873~~4,~~544~~460,702.9633 186 Required Spread Account Balance $1110,~~685~~541,~~469~~968.1321 186a Required Spread Account Cash Balance $1110,~~685~~541,~~469~~968.1321 187 Draws from Spread Account this Collection Period $0.00 188 Spread Account Balance net of Draws this Collection Period $~~873~~4,~~544~~460,702.9633 Delinquency Statistics 189 Number of Accts Delinquent 30 - 59 Days 349 190 Number of Accts Delinquent 60 - 89 Days 013 191 Number of Accts Deliquent 90 Days and Over 01 192 Total Number of Delinquent Accounts 30 Days and Over 363 193 Aggregate Net Outstanding Balance of Delinquent Loans 30-59 days $22688,~~574~~501 194 Aggregate Net Outstanding Balance of Delinquent Loans 60 - 89 days $0192,353 195 Aggregate Net Outstanding Balance of Delinquent Loans 90 days and over $014,710 196 Total Aggregate Net Outstanding Balance of Delinquent Loans $22895,~~574~~563 197 Policy Claim Amount $0.00 198 Deposit Coverage Amount (Reinsurance) $8,000,000.00 Memo: Deposit Coverage Amount + Spread Account Cash Balance $812,~~873~~460,~~544~~702.9633 Repossession Statistics 199 Number of Accounts in Repo Inventory @ Beginning of Collection Period 08 200 Number of Accounts Repossessed During Collection Period 15 201 Number of Repo'd Accounts Sold or Reinstated During Collection Period 01 202 Number of Accounts in Repo Inventory @ End of Collection Period 112 203 Net Outstanding Balance of Accounts in Repo Inventory @ Beginning of Collection Period $092,206.0020 204 Net Outstanding Balance of Accounts Repossessed During Month 1466,~~709~~198.5463 205 Net Outstanding Balance of Repo Accounts Sold or Reinstated During Month 016,543.0050 206 Net Outstanding Balance of Accounts in Repo Inventory @ End of Collection Period $14141,~~709~~861.5433 Accounts Outstanding Statistics 207 Original Accounts Outstanding - Initial + Subsequent 15,003 207a Original Accounts Outstanding - Prefunded as of End of Collection Period 011,602 208 Remaining Number of Accounts Outstanding @ End of Collection Period 1425,~~722~~336 Calculation of Net Yield 209 Interest Collected on Contracts 13,~~339~~117,~~816~~492.4350 210 Interest Collected on Contracts - Prior Collection Period 02,368,451.0041 211 Interest Collected on Contracts - Two Collection Periods Ago 01,339,816.0043 212 Liquidated Contract Balances (less Liquidation proceeds) 05,763.0050 213 Liquidated Contract Balances (less Liquidation proceeds) - Prior Collection Period 0.00 214 Liquidated Contract Balances (less Liquidation proceeds) - Two Collection Periods Ago 0.00 215 Interest Paid to Securityholders (111) ~~370~~697,~~608~~642.6036 216 Interest Paid to Securityholders - Prior Collection Period 0701,971.0091 217 Interest Paid to Securityholders - Two Collection Periods Ago 0370,608.0060 218 Servicing Fees Paid to Servicer (171) $~~102~~300,~~855~~311.0546 219 Servicing Fees Paid to Servicer - Prior Collection Period $0184,277.0081 220 Servicing Fees Paid to Servicer - Two Collection Periods Ago $0102,855.0005 221 Ending Pool Balance (31) $~~221~~370,~~133~~839,~~375~~365.5222 222 Ending Pool Balance - Prior Collection Period $0360,373,749.0091 223 Ending Pool Balance - Two Collection Periods Ago $0221,133,375.0052 224 Net Yield 45.7062% A.P.R. Statistics 225 Original Dollar Weighted A.P.R. of Initial + Subsequent Contracts only 9.82% 225a Original Dollar Weighted A.P.R. of Prefunded Contracts only N/A 226 Dollar Weighted A.P.R. of Remaining Contracts in Trust as of End of Collection Period 9.8381% Credit Loss Statistics 227 Gross Credit Losses during Collection Period (25 + 26 + 27 + 28)) $016,543.0050 228 Recoveries during Collection Period (10+11-12) 010,780.00 229 Net Credit Losses during Collection Period (227 - 228) $05,763.0050 230 Cumulative Net Credit Losses $05,763.0050 231 Cumulative Net Credit Losses as a Percent of Original Certificate Balance (230 / 1) 0.00% 232 Memo: Cram Down Losses $0.00 $0.00 233 Remaining Weighted Average Maturity (Months) 5958.31 Calculation of Remaining Prefunded Amount 234 Prefunded Amount at Beginning of Collection Period $~~172~~24,~~576~~369,~~007~~274.0029 235 Prefunded Contracts sold to Trust during related Collection Period (30b) $024,369,275.0025 236 Prepayment Amount Released to Collection Account to be Paid to A1 Noteholders $0.00 237 Remaining Prefunded Amount (234-235-236) $~~172,576,007~~0.00 Calculation of Capitalized Interest Amount 238 Class A&B Note Interest Distributable Amt allocable to Prefunded Acct balance $~~159~~42,~~895~~502.3860 239 Portions of Insurance Premium allocable to Prefunded Acct balance $24,~~109~~206.2646 240 Earnings on investment of funds in Prefunding Account $1220,~~081~~751.0797 241 Capitalized Interest Amount to be withdrawn from Capitalized Interest Acct $~~149~~25,~~923~~957.5709 Calculation of Maximum Capitalized Interest Amount 242 Portions of Class A&B Note Interest Distributable Amt allocable to Prefunded Acct balance $~~919~~41,~~242~~689.0231 243 Insurance Premium allocable to Prefunded Acct balance $934,~~899~~245.0463 244 Earnings on Prefunded Amount at Beginning of Collection Period @ 2.5% thru Nov 15 $~~319~~15,~~147~~022.4116 245 Maximum Capitalized Interest Amount $~~693~~30,~~993~~912.6678 Calculation of Capitalized Interest Account Balance 246 Initial Capitalized Interest Amount $604,889.69 247 Withdrawals from Capitalized Interest Account in Current Collection Period (241 + 254) $~~149~~25,~~923~~957.5709 248 Withdrawals and Releases from Capitalized Interest in Prior Collection Periods (241) $0354,428.0063 249 Earnings on Capitalized Interest Account this Collection Period $42344.3536 250 Earnings on Capitalized Interest Account in Prior Collection Periods $0547.0017 251 Capitalized Interest Account Balance (246-247-248+249+250) $~~455~~225,~~008~~395.4750 Calculation of Additional Funds to be Released from Capitalized Interest Account 252 Capitalized Interest Account Balance (251) $~~455~~225,~~008~~395.4750 253 Maximum Capitalized Interest Amount (245) $~~693~~30,~~993~~912.6678 254 Release to Seller (if 252-253 > 0 only) $0194,482.0072 255 Number of extensions granted in Collection period 0.00 256 Principal balance of contracts extended in Collection period 0.00

Filing Compare · ONYX ACCEPTANCE OWNER TRUST 2003-A