DAIMLER BENZ VEHICLE TRUST 1996-A
8-K, 1997-03-19
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<PAGE>   1
                       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




                        DAIMLER-BENZ VEHICLE TRUST 1996-A
             (Exact name of registrant as specified in its charter)



                                December 20, 1996
                Date of Report (Date of earliest event reported)



Delaware                             333-15571               13-3770955
(State or other jurisdiction         (Commission File        (I.R.S. Employer
of incorporation)                     Number)                Identification No.)



        1201 North Market Street, Suite 1406, Wilmington, Delaware 19801
               (Address of principal executive offices) (Zip Code)



                                 (302) 426-1900
              (Registrant's telephone number, including area code)
<PAGE>   2
Item 5.  Other Events

         On December 20, 1996, the Principal and Interest collected during the
preceding calendar month, net of certain adjustments as provided for in the
Pooling and Servicing Agreement dated as of November 1, 1996 (the "Agreement"),
among Mercedes-Benz Credit Corporation, in its individual capacity and as
Servicer, Daimler-Benz Vehicle Receivables Corporation, as Seller, and Citibank,
N.A., as Trustee, Payahead Agent, Class A Agent and Class B Agent (the
"Trustee"), was distributed to holders ("Certificateholders") of certificates
representing undivided fractional interests in Daimler-Benz Vehicle Trust
1996-A. In accordance with the Agreement, the statements for Class A and Class B
Certificateholders for the November 1996 collection period (the "November
Statement") was furnished to the Trustee for the benefit of the
Certificateholders and, as such, was distributed by the Trustee to the
Certificateholders. A copy of the November Statement is being filed as Exhibit
28 to this Current Report on Form 8-K.



Item 7.  Financial Statements and Exhibits

         (c)      Exhibits

                  Exhibit No.          Description

                  28                   Statement for Class A and Class B
                                       Certificateholders for the November 1996
                                       Collection Period


                                       -2-
<PAGE>   3
                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                              Daimler-Benz Vehicle Trust 1996-A
                                           (Registrant)

                              By:  Mercedes-Benz Credit Corporation, as Servicer


Date:  March 6, 1997          By: /s/ David A. Klanica
                                  ----------------------------------------------
                                  Name:  David A. Klanica
                                  Title: Director of Accounting Services



                                       -3-
<PAGE>   4
                                INDEX TO EXHIBITS

Exhibit No.         Description

   28               Statement for Class A and Class B Certificateholders for the
                    November 1996 Collection Period




                                       -4-

<PAGE>   1
                       DAIMLER-BENZ VEHICLE TRUST 1996-A
                            MONTHLY SERVICING REPORT
                   SERVICER: MERCEDES-BENZ CREDIT CORPORATION
                             TRUSTEE: CITIBANK, N.A.



COLLECTION PERIOD: NOVEMBER 1996
DISTRIBUTION DATE: 12/20/96


STATEMENT FOR CLASS A AND CLASS B CERTIFICATEHOLDERS PURSUANT TO 
SECTION 4.9 OF THE POOLING AND SERVICING AGREEMENT

<TABLE>
<CAPTION>
                                                                                                         Per $1,000 of Original
                                                                                                             Class A/Class B
                                                                                                           Certificate Amount
                                                                                                         ----------------------
<S>                                                                             <C>                      <C>
   (i)    Principal Distribution
              Class A Amount                                                    $ 32,546,282.75             $40.929035
              Class B Amount                                                    $  2,772,526.53             $40.929035

  (ii)    Interest Distribution
              Class A Amount                                                    $  3,876,542.17             $ 4.875000
              Class B Amount                                                    $    330,231.75             $ 4.875000

 (iii)    Monthly Servicing Fee                                                 $    719,106.65             $ 0.833333
              Monthly Supplemental Servicing Fee                                $          0.00             $ 0.000000
              Class A Percentage of the Servicing Fee                           $    662,656.78             $ 0.833333
              Class A Percentage of the Supplemental Servicing Fee              $          0.00             $ 0.000000
              Class B Percentage of the Servicing Fee                           $     56,449.87             $ 0.833333
              Class B Percentage of the Supplemental Servicing Fee              $          0.00

  (iv)    Class A Principal Balance (end of Collection Period)                  $762,641,855.19
          Class A Pool Factor (end of Collection Period)                              95.907097%
          Class B Principal Balance (end of Collection Period)                  $ 64,967,320.27
          Class B Pool Factor (end of Collection Period)                              95.907097%

   (v)    Pool Balance (end of Collection Period)                               $827,609,175.46

  (vi)    Class A Interest Carryover Shortfall                                  $          0.00
          Class A Principal Carryover Shortfall                                 $          0.00
          Class B Interest Carryover Shortfall                                  $          0.00
          Class B Principal Carryover Shortfall                                 $          0.00

 (vii)    Amount Otherwise Distributable to the Seller that is Distributed to
          Either the Class A or Class B Certificateholders                      $          0.00             $ 0.000000


(viii)    Balance of the Reserve Fund Property (end of Collection Period)
              Class A Amount                                                    $ 25,887,839.54
              Class B Amount                                                    $          0.00


  (ix)    Aggregate Purchase Amount of Receivables repurchased by the
          Seller or the Servicer                                                $          0.00
</TABLE>


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