DVI RECEIVABLES CORP
8-K, 1998-12-11
ASSET-BACKED SECURITIES
Previous: HEARTLAND WIRELESS COMMUNICATIONS INC, 8-K, 1998-12-11
Next: WORLD INVESTMENT SERIES INC, DEF 14A, 1998-12-11







                       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: December 11, 1998
(Date of earliest event reported)



                              DVI Receivables Corp.
             (Exact name of registrant as specified in its charter)


Delaware                          333-68043                     33-0608442
- --------                          ---------                     ----------
(State or Other Juris-           (Commission                (I.R.S. Employer
diction of Incorporation)       File Number)             Identification No.)


           500 Hyde Park, Doylestown, Pennsylvania                    18901
           ---------------------------------------                    -----
           (Address of Principal Executive Office)                 (Zip Code)


        Registrant's telephone number, including area code:(215) 345-6600








<PAGE>


                                       -2-

Item 5.  OTHER EVENTS.

Item 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

         (a)      FINANCIAL STATEMENTS.

                  Not applicable.

         (b)      PRO FORMA FINANCIAL INFORMATION.

                  Not applicable.

         (c)      EXHIBITS



                    ITEM 601(A) OF
                    REGULATION S-K
EXHIBIT NO.         EXHIBIT NO.          DESCRIPTION
- -----------         -----------          -----------
     1                  25.1             Statement of eligibility of U.S. Bank
                                         Trust National Association on Form T-1
                                         under the Trust Indenture Act of 1939
                                         of a Corporation designated to act as
                                         Trustee.





<PAGE>


                                       -3-

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


                                       DVI RECEIVABLES CORP.

                                       By: /s/ Steven R. Garfinkel
                                           -----------------------
                                       Name:   Steven R. Garfinkel
                                       Title:  Vice President




Dated: December 11, 1998



<PAGE>


                                       -6-

                                  EXHIBIT INDEX


                           Item 601 (a) of        Sequentially
         Exhibit           Regulation S-K         Numbered
         Number            Exhibit No.            Description
         ------            -----------            -----------

           1                   25.1               Form T-1




                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   ----------

                                    FORM T-1

                       Statement of Eligibility Under the
                  Trust Indenture Act of 1939 of a Corporation
                          Designated to Act as Trustee


                      U.S. BANK TRUST NATIONAL ASSOCIATION
               (Exact name of Trustee as specified in its charter)

         United States                                     41-0257700
         (State of Incorporation)                      (I.R.S. Employer
                                                       Identification No.)

         U.S. Bank Trust Center
         180 East Fifth Street
         St. Paul, Minnesota                                      55101
(Address of Principal Executive Offices)                       (Zip Code)



                              DVI RECEIVABLES CORP.
             (Exact name of Registrant as specified in its charter)


         Delaware                                           33-0608442
(State of Incorporation)                                 (I.R.S. Employer
                                                         Identification No.)



         500 Hyde Park
         Doylestown, PA                                            18901
(Address of Principal Executive Offices)                         (Zip Code)


                               ASSET-BACKED NOTES
                       (Title of the Indenture Securities)
 

<PAGE>




GENERAL

1.       GENERAL INFORMATION      Furnish the following information as to the
Trustee.

          (a) Name and address of each examining or supervising authority to
          which it is subject.

                           Comptroller of the Currency
                           Washington, D.C.

          (b) Whether it is authorized to exercise corporate trust powers.
 
                 Yes

2. AFFILIATIONS WITH OBLIGOR AND UNDERWRITERS If the obligor or any underwriter
for the obligor is an affiliate of the Trustee, describe each
such affiliation.
                           None

          See Note following Item 16.

          Items 3-15 are not applicable because to the best of the Trustee's
          knowledge the obligor is not in default under any Indenture for which
          the Trustee acts as Trustee.

16. LIST OF EXHIBITS List below all exhibits filed as a part of this statement
of eligibility and qualification.

         1.       Copy of Articles of Association.*

         2.       Copy of Certificate of Authority to Commence Business.*

         3.       Authorization of the Trustee to exercise corporate trust
         powers (included in Exhibits 1 and 2; no separate instrument).*

         4.       Copy of existing By-Laws.*

         5.       Copy of each Indenture referred to in Item 4. N/A.

         6.       The consents of the Trustee required by Section 321(b) of
         the act.

         7.       Copy of the latest report of condition of the Trustee 
         published pursuant to law or the requirements of its supervising or
         examining authority is incorporated by reference to Registration
         Number 333-53211.

         * Incorporated by reference to Registration Number 22-27000.


 
<PAGE>





                                      NOTE

         The answers to this statement insofar as such answers relate to what
persons have been underwriters for any securities of the obligors within three
years prior to the date of filing this statement, or what persons are owners of
10% or more of the voting securities of the obligors, or affiliates, are based
upon information furnished to the Trustee by the obligors. While the Trustee has
no reason to doubt the accuracy of any such information, it cannot accept any
responsibility therefor.


                                    SIGNATURE

         Pursuant to the requirements of the Trust Indenture Act of 1939, the
Trustee, U.S. Bank Trust National Association, an Association organized and
existing under the laws of the United States, has duly caused this statement of
eligibility and qualification to be signed on its behalf by the undersigned,
thereunto duly authorized, and its seal to be hereunto affixed and attested, all
in the City of Saint Paul and State of Minnesota on the 8th day of December,
1998.


                                         U.S. BANK TRUST NATIONAL ASSOCIATION





                                         /s/ Eve D. Kaplan
                                         ------------------------------------
                                         Eve D. Kaplan
                                         Vice President



/s/ Judith M. Zuzek
- ------------------------------------
Judith M. Zuzek
Assistant Secretary

  
<PAGE>




                                    EXHIBIT 6

                                     CONSENT

         In accordance with Section 321(b) of the Trust Indenture Act of 1939,
the undersigned, U.S. BANK TRUST NATIONAL ASSOCIATION hereby consents that
reports of examination of the undersigned by Federal, State, Territorial or
District authorities may be furnished by such authorities to the Securities and
Exchange Commission upon its request therefor.


Dated:  December 8, 1998


                                         U.S. BANK TRUST NATIONAL ASSOCIATION


                                         /s/ Eve D. Kaplan
                                         ------------------------------------
                                         Eve D. Kaplan
                                         Assitant Vice President




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission