INSTRUMENT OF RESIGNATION, APPOINTMENT, AND ACCEPTANCEInstrument of Resignation, Appointment, and Acceptance • November 25th, 2003 • Onyx Acceptance Financial Corp Onyx Accept Owner Tr 2003-C • Asset-backed securities
This INSTRUMENT OF RESIGNATION, APPOINTMENT, AND ACCEPTANCE dated as of November 10, 2003 (this “Instrument”) among Onyx Acceptance Financial Corporation, a Delaware corporation, as Depositor (the “Depositor”), XL Capital Assurance Inc., a New York stock insurance company, as Insurer (the “Insurer”), Onyx Acceptance Corporation, a Delaware corporation, as Administrator (the “Administrator”), The Bank of New York (Delaware), a Delaware banking corporation (the “Retiring Trustee”), and Chase Manhattan Bank USA, National Association, a national banking association (the “Successor Trustee”).
