8-K 1 a8k2003b.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): October 31, 2003 Onyx Acceptance Grantor Trust 2003-B ------------------------------------------------------------------------------ (Issuer with respect to Certificates) Onyx Acceptance Financial Corporation ------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Commission File Number 333-103244 (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-B, (the"Trust"), a trust created pursuant to the Trust Agreement dated as of May 1, 2003 with Onyx Acceptance Financial Corporation as registrant and seller and The Bank of New York (Delaware) as Owner Trustee and Citibank N.A. as Trust Agent, the registrant has caused to be filed with the Commission, the October 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-B 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-B for the month of October 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

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: November 10, 2003 (Date of earliest event reported)

ONYX ACCEPTANCE OWNER TRUST 2003-B (Issuer with respect to Notes)

ONYX ACCEPTANCE FINANCIAL CORPORATION

(Exact name of Registrant as specified in its charter)

Delaware	333-103244-01	33-0639768
(State of Incorporation)	(Commission File No.)	(I.R.S. Employer Identification No.)
27051 Towne Centre Drive, Suite 200
Foothill Ranch, California		92610
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: (949) 465-3900

TABLE OF CONTENTS

	Item 5. Other Events.
	Item 7. Financial Statements and Exhibits.
Signatures
EXHIBIT INDEX
EXHIBIT 4.1

Item 5. Other Events.

Effective November 11, 2003, The Bank of New York, a Delaware banking corporation, resigned from its position as Owner Trustee of the Onyx Acceptance Owner Trust 2003-B (the “Trust”) pursuant to Section 10.02 of that certain Trust Agreement dated as of May 1, 2003, among the Registrant, Citibank, N.A., a national banking association and The Bank of New York (the “Trust Agreement”). Onyx Acceptance Corporation (“Onyx”) accepted such resignation and appointed Chase Manhattan Bank USA, National Association, a national banking association (“Chase”), to succeed The Bank of New York as Owner Trustee of the Trust effective November 11, 2003 pursuant to the Trust Agreement. Chase accepted such appointment.

On behalf of the Trust, the undersigned Registrant under Registration Statement on Form S-3 No. 333-103244 has caused to be filed with the Commission that certain Instrument of Resignation, Appointment, and Acceptance dated as of November 10, 2003, among the Registrant, MBIA Insurance Corporation, Onyx, The Bank of New York and Chase as Exhibit 4.1.

Item 7. Financial Statements and Exhibits.

Exhibit No.		Description
4.1		Instrument of Resignation, Appointment, and Acceptance

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 hereunto duly authorized.

November 25, 2003	ONYX ACCEPTANCE FINANCIAL CORPORATION
	By:	/s/ DON P. DUFFY
		Don P. Duffy
		Executive Vice President

EXHIBIT INDEX

Exhibit No.		Description
4.1		Instrument of Resignation, Appointment, and Acceptance

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