EX-25.1 5 v400454_ex25-1.htm EXHIBIT 25.1

 

Exhibit 25.1

 

 

 

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

Check if an Application to Determine Eligibility of

a Trustee Pursuant to Section 305(b)(2)

 

 

 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

31-0841368

I.R.S. Employer Identification No.

 

800 Nicollet Mall

Minneapolis, Minnesota

 

 

55402

(Address of principal executive offices)   (Zip Code)

 

Paula Oswald

U.S. Bank National Association

633 W. 5TH Street, 24th Floor

Los Angeles, CA 90071

(213) 615-6043

(Name, address and telephone number of agent for service)

 

Waste Connections, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware   94-3283464

(State or other jurisdiction of incorporation or

organization)

  (I.R.S. Employer Identification No.)

3 Waterway Square Place, Suite 110,

The Woodlands, TX

  77380
(Address of Principal Executive Offices)   (Zip Code)

 

Debt Securities

(Title of the Indenture Securities)

 

 
 

 

FORM T-1

 

Item 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

 

Item 2.AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.
None

 

Items 3-15Items 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.
 
Item 16.LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

 

1.A copy of the Articles of Association of the Trustee.*

 

2.A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2.

 

3.A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.
  
4.A copy of the existing bylaws of the Trustee.**
  
5.A copy of each Indenture referred to in Item 4. Not applicable.
  
6.The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.
  
7.Report of Condition of the Trustee as of December 31, 2014 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
** Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

 

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SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Los Angeles, State of California on the 3rd of February, 2015.

 

  By: /Paula Oswald  
    Paula Oswald  
    Vice President  

 

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Exhibit 2

 

4
 

 

Exhibit 3

 

5
 

  

Exhibit 6

 

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK 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: February 3, 2015

 

  By: /Paula Oswald  
    Paula Oswald  
    Vice President  

 

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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 12/31/2014

 

($000’s)

 

   12/31/2014 
Assets     
Cash and Balances Due From  $10,622,022 
Depository Institutions     
Securities   100,557,832 
Federal Funds   79,987 
Loans & Lease Financing Receivables   247,427,720 
Fixed Assets   4,246,071 
Intangible Assets   13,078,376 
Other Assets   22,967,351 
Total Assets  $398,978,359 
      
Liabilities     
Deposits  $294,158,985 
Fed Funds   1,722,932 
Treasury Demand Notes   0 
Trading Liabilities   734,026 
Other Borrowed Money   45,457,856 
Acceptances   0 
Subordinated Notes and Debentures   3,650,000 
Other Liabilities   11,857,789 
Total Liabilities  $357,581,588 
      
Equity     
Common and Preferred Stock   18,200 
Surplus   14,266,400 
Undivided Profits   26,256,268 
Minority Interest in Subsidiaries   855,903 
Total Equity Capital  $41,396,771 
      
Total Liabilities and Equity Capital  $398,978,359 

 

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