EX-25.1 9 dex251.htm STATEMENT OF ELIGIBILITY ON FORM T-1 Statement of Eligibility on Form T-1

Exhibit 25.1

 

 

 

UNITED STATES

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)        ¨

 

 

THE BANK OF NEW YORK MELLON

(Exact name of trustee as specified in its charter)

 

New York                           13-5160382

(Jurisdiction of incorporation

if not a U.S. national bank)

 

                        (I.R.S. employer

                         identification no.)

One Wall Street, New York, N.Y.                           10286
(Address of principal executive offices)                           ((Zip code)

 

 

Asbury Automotive Group, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware                           (01-0609375

(State or other jurisdiction of

incorporation or organization)

 

                        ((I.R.S. employer

                         (identification no.)


TABLE OF ADDITIONAL REGISTRANTS

 

Exact Name of Registrant

as Specified in its Charter

  

State of
Incorporation
or
Organization

  

IRS Employer
Identification Number

AF Motors L.L.C.

   Delaware    59-3604214

ANL L.P.

   Delaware    59-3503188

Arkansas Automotive Services, L.L.C.

   Delaware    27-1386071

Asbury AR Niss L.L.C.

   Delaware    84-1666361

Asbury Atlanta AC L.L.C.

   Delaware    58-2241119

Asbury Atlanta AU L.L.C.

   Delaware    58-2241119

Asbury Atlanta BM L.L.C.

   Delaware    58-2241119

Asbury Atlanta Chevrolet L.L.C.

   Delaware    58-2241119

Asbury Atlanta Hon L.L.C.

   Delaware    58-2241119

Asbury Atlanta Inf L.L.C.

   Delaware    58-2241119

Asbury Atlanta Infiniti L.L.C.

   Delaware    58-2241119

Asbury Atlanta Jaguar L.L.C.

   Delaware    58-2241119

Asbury Atlanta Lex L.L.C.

   Delaware    58-2241119

Asbury Atlanta Nis L.L.C.

   Delaware    58-2241119

Asbury Atlanta Toy L.L.C.

   Delaware    26-2192047

Asbury Atlanta VL L.L.C.

   Delaware    58-2241119

Asbury Automotive Arkansas Dealership Holdings L.L.C.

   Delaware    71-0817515

Asbury Automotive Arkansas L.L.C.

   Delaware    71-0817514

Asbury Automotive Atlanta II L.L.C.

   Delaware    26-1923764

Asbury Automotive Atlanta L.L.C.

   Delaware    58-2241119

Asbury Automotive Brandon, L.P.

   Delaware    59-3584655

Asbury Automotive Central Florida, L.L.C.

   Delaware    59-3580818

 

- 2 -


Exact Name of Registrant

as Specified in its Charter

  

State of
Incorporation
or
Organization

  

IRS Employer
Identification Number

Asbury Automotive Deland, L.L.C.

   Delaware    59-3604210

Asbury Automotive Fresno L.L.C.

   Delaware    03-0508496

Asbury Automotive Group L.L.C.

   Delaware    23-2790555

Asbury Automotive Jacksonville GP L.L.C.

   Delaware    59-3512660

Asbury Automotive Jacksonville, L.P.

   Delaware    59-3512662

Asbury Automotive Management L.L.C.

   Delaware    23-3006304

Asbury Automotive Mississippi L.L.C.

   Delaware    64-0924573

Asbury Automotive North Carolina Dealership Holdings L.L.C.

   Delaware    56-2106587

Asbury Automotive North Carolina L.L.C.

   Delaware    52-2106838

Asbury Automotive North Carolina Management L.L.C.

   Delaware    52-2106838

Asbury Automotive North Carolina Real Estate Holdings L.L.C.

   Delaware    23-2983952

Asbury Automotive Oregon L.L.C.

   Delaware    52-2106837

Asbury Automotive Southern California L.L.C.

   Delaware    16-1676796

Asbury Automotive St. Louis II L.L.C.

   Delaware    26-2753770

Asbury Automotive St. Louis, L.L.C.

   Delaware    43-1767192

Asbury Automotive Tampa GP L.L.C.

   Delaware    13-3990508

Asbury Automotive Tampa, L.P.

   Delaware    13-3990509

Asbury Automotive Texas L.L.C.

   Delaware    13-3997031

Asbury Automotive Texas Real Estate Holdings L.L.C.

   Delaware    11-3816183

Asbury Deland Imports 2, L.L.C.

   Delaware    59-3629420

Asbury Fresno Imports L.L.C.

   Delaware    03-0508500

Asbury Jax AC, L.L.C.

   Delaware    45-0551011

 

- 3 -


Exact Name of Registrant

as Specified in its Charter

  

State of
Incorporation
or
Organization

  

IRS Employer
Identification Number

Asbury Jax Holdings, L.P.

   Delaware    59-3516633

Asbury Jax Hon L.L.C.

   Delaware    02-0811016

Asbury Jax K, L.L.C.

   Delaware    36-4572826

Asbury Jax Management L.L.C.

   Delaware    59-3503187

Asbury Jax VW, L.L.C.

   Delaware    02-0811020

Asbury MS Chev, L.L.C.

   Delaware    06-1749057

Asbury MS Gray-Daniels L.L.C.

   Delaware    64-0939974

Asbury No Cal Niss L.L.C.

   Delaware    05-0605055

Asbury Sacramento Imports L.L.C.

   Delaware    33-1080505

Asbury So Cal DC L.L.C.

   Delaware    33-1080498

Asbury So Cal Hon L.L.C.

   Delaware    33-1080502

Asbury So Cal Niss L.L.C.

   Delaware    59-3781893

Asbury St. Louis Cadillac L.L.C.

   Delaware    43-1767192

Asbury St. Louis FSKR, L.L.C.

   Delaware    27-1076730

Asbury St. Louis Lex L.L.C.

   Delaware    43-1767192

Asbury St. Louis LR L.L.C.

   Delaware    43-1799300

Asbury St. Louis M, L.L.C.

   Delaware    27-3214624

Asbury Tampa Management L.L.C.

   Delaware    59-2512657

Asbury Texas D FSKR, L.L.C.

   Delaware    27-1076393

Asbury Texas H FSKR, L.L.C.

   Delaware    27-1076640

Asbury-Deland Imports L.L.C.

   Delaware    59-3604213

Atlanta Real Estate Holdings L.L.C.

   Delaware    58-2241119

Avenues Motors, Ltd.

   Florida    59-3381433

Bayway Financial Services, L.P.

   Delaware    59-3503190

 

- 4 -


Exact Name of Registrant

as Specified in its Charter

  

State of
Incorporation
or

Organization

  

IRS Employer
Identification Number

BFP Motors L.L.C.

   Delaware    30-0217335

C&O Properties, Ltd.

   Florida    59-2495022

Camco Finance II L.L.C.

   Delaware    52-2106838

CFP Motors, Ltd.

   Florida    65-0414571

CH Motors, Ltd.

   Florida    59-3185442

CHO Partnership, Ltd.

   Florida    59-3041549

CK Chevrolet LLC

   Delaware    59-3580820

CK Motors LLC

   Delaware    59-3580825

CN Motors, Ltd.

   Florida    59-3185448

Coggin Automotive Corp.

   Florida    59-1285803

Coggin Cars L.L.C.

   Delaware    59-3624906

Coggin Chevrolet L.L.C.

   Delaware    59-3624905

Coggin Management, L.P.

   Delaware    59-3503191

CP-GMC Motors, Ltd.

   Florida    59-3185453

Crown Acura/Nissan, LLC

   North Carolina    56-1975265

Crown CHH L.L.C.

   Delaware    52-2106838

Crown CHO L.L.C.

   Delaware    84-1617218

Crown CHV L.L.C.

   Delaware    52-2106838

Crown FDO L.L.C.

   Delaware    04-3623132

Crown FFO Holdings L.L.C.

   Delaware    56-2182741

Crown FFO L.L.C.

   Delaware    56-2165412

Crown GAC L.L.C.

   Delaware    52-2106838

Crown GBM L.L.C.

   Delaware    52-2106838

Crown GCA L.L.C.

   Delaware    14-1854150

 

- 5 -


Exact Name of Registrant

as Specified in its Charter

  

State of
Incorporation
or

Organization

  

IRS Employer
Identification Number

Crown GDO L.L.C.

   Delaware    52-2106838

Crown GHO L.L.C.

   Delaware    52-2106838

Crown GNI L.L.C.

   Delaware    52-2106838

Crown GPG L.L.C.

   Delaware    52-2106838

Crown GVO L.L.C.

   Delaware    52-2106838

Crown Honda, LLC

   North Carolina    56-1975264

Crown Motorcar Company L.L.C.

   Delaware    62-1860414

Crown PBM L.L.C.

   Delaware    14-2004771

Crown RIA L.L.C.

   Delaware    52-2106838

Crown RIB L.L.C.

   Delaware    56-2125835

Crown SJC L.L.C.

   Delaware    81-0630983

Crown SNI L.L.C.

   Delaware    30-0199361

CSA Imports L.L.C.

   Delaware    59-3631079

Escude-NN L.L.C.

   Delaware    64-0922808

Escude-NS L.L.C.

   Delaware    64-0922811

Escude-T L.L.C.

   Delaware    64-0922812

Florida Automotive Services L.L.C.

   Delaware    26-3828097

HFP Motors L.L.C.

   Delaware    06-1631102

JC Dealer Systems L.L.C.

   Delaware    58-2628641

KP Motors L.L.C.

   Delaware    06-1629064

McDavid Austin-Acra, L.L.C.

   Delaware    11-3816170

McDavid Frisco-Hon, L.L.C.

   Delaware    11-3816176

McDavid Grande, L.L.C.

   Delaware    11-3816168

McDavid Houston-Hon, L.L.C.

   Delaware    11-3816178

 

- 6 -


Exact Name of Registrant

as Specified in its Charter

  

State of
Incorporation
or
Organization

  

IRS Employer
Identification Number

McDavid Houston-Niss, L.L.C.

   Delaware    11-3816172

McDavid Irving-Hon, L.L.C.

   Delaware    11-3816175

McDavid Outfitters, L.L.C.

   Delaware    11-3816166

McDavid Plano-Acra, L.L.C.

   Delaware    11-3816179

Mid-Atlantic Automotive Services, L.L.C.

   Delaware    27-1386312

Mississippi Automotive Services, L.L.C.

   Delaware    27-1386394

Missouri Automotive Services, L.L.C.

   Delaware    27-1386466

NP FLM L.L.C.

   Delaware    71-0819724

NP MZD L.L.C.

   Delaware    71-0819723

NP VKW L.L.C.

   Delaware    71-0819721

Plano Lincoln-Mercury, Inc.

   Delaware    75-2430953

Precision Computer Services, Inc.

   Florida    59-2867725

Precision Enterprises Tampa, Inc.

   Florida    59-2148481

Precision Infiniti, Inc.

   Florida    59-2958651

Precision Motorcars, Inc.

   Florida    59-1197700

Precision Nissan, Inc.

   Florida    59-2734672

Premier NSN L.L.C.

   Delaware    71-0819715

Premier Pon L.L.C.

   Delaware    71-0819714

Prestige Bay L.L.C.

   Delaware    71-0819719

Prestige Toy L.L.C.

   Delaware    71-0819720

Southern Atlantic Automotive Services, L.L.C.

   Delaware    37-1514247

Tampa Hund, L.P.

   Delaware    59-3512664

Tampa Kia, L.P.

   Delaware    59-3512666

Tampa LM, L.P.

   Delaware    52-2124362

 

- 7 -


Exact Name of Registrant

as Specified in its Charter

  

State of
Incorporation
or
Organization

  

IRS Employer
Identification Number

Tampa Mit, L.P.

   Delaware    59-3512667

Texas Automotive Services, L.L.C.

   Delaware    27-1386537

Thomason Auto Credit Northwest, Inc.

   Oregon    93-1119211

Thomason Dam L.L.C.

   Delaware    93-1266231

Thomason FRD L.L.C.

   Delaware    93-1254703

Thomason Hund L.L.C.

   Delaware    93-1254690

Thomason Pontiac-GMC L.L.C.

   Delaware    43-1976952

WMZ Motors, L.P.

   Delaware    59-3512663

WTY Motors, L.P.

   Delaware    59-3512669

 

2905 Premiere Parkway NW

Suite 300

Duluth, Georgia

  30097
(Address of principal executive offices)   (Zip code)

 

 

8.375% Senior Subordinated Notes due 2020

Guarantees of 8.375% Senior Subordinated Notes due 2020

(Title of the indenture securities)

 

 

 

 

- 8 -


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.

 

Name

  

Address

Superintendent of Banks of the State of New York

   One State Street, New York, N.Y. 10004-1417, and Albany, N.Y. 12223

Federal Reserve Bank of New York

   33 Liberty Street, New York, N.Y. 10045

Federal Deposit Insurance Corporation

   Washington, D.C. 20429

New York Clearing House Association

   New York, N.Y. 10005
  
  (b) Whether it is authorized to exercise corporate trust powers.

Yes.

 

2. Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None.

 

16. List of Exhibits.

Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).

 

  1. A copy of the Organization Certificate of The Bank of New York Mellon (formerly known as The Bank of New York, itself formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672, Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637, Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121195 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152735).

 

- 9 -


  4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-154173).

 

  6. The consent of the Trustee required by Section 321(b) of the Act (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-152735).

 

  7. A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

 

- 10 -


SIGNATURE

Pursuant to the requirements of the Act, the Trustee, The Bank of New York Mellon, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on the 11th day of May, 2011.

 

THE BANK OF NEW YORK MELLON
By:  

/S/       SCOTT KLEIN

  Name: SCOTT KLEIN
  Title:   VICE PRESIDENT

 

- 11 -


EXHIBIT 7

 

 

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON

of One Wall Street, New York, N.Y. 10286

And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business December 31, 2010, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

 

      Dollar Amounts In Thousands  

ASSETS

  

Cash and balances due from depository institutions:

  

Noninterest-bearing balances and currency and coin

     2,924,000   

Interest-bearing balances

     64,634,000   

Securities:

  

Held-to-maturity securities

     3,651,000   

Available-for-sale securities

     58,491,000   

Federal funds sold and securities purchased under agreements to resell:

  

Federal funds sold in domestic offices

     20,000   

Securities purchased under agreements to

resell

     1,792,000   

Loans and lease financing receivables:

  

Loans and leases held for sale

     6,000   

Loans and leases, net of unearned income

     23,307,000   

LESS: Allowance for loan and lease losses

     482,000   

Loans and leases, net of unearned income and allowance

     22,825,000   

Trading assets

     4,910,000   

Premises and fixed assets (including capitalized leases)

     1,163,000   

Other real estate owned

     6,000   

Investments in unconsolidated subsidiaries and associated companies

     947,000   

Direct and indirect investments in real estate ventures

     0   

Intangible assets:

  

Goodwill

     6,364,000   

Other intangible assets

     1,805,000   


Other assets

     12,317,000   
        

Total assets

     181,855,000   
        

LIABILITIES

  

Deposits:

  

In domestic offices

     65,674,000   

Noninterest-bearing

     33,246,000   

Interest-bearing

     32,428,000   

In foreign offices, Edge and Agreement subsidiaries, and IBFs

     75,029,000   

Noninterest-bearing

     4,900,000   

Interest-bearing

     70,129,000   

Federal funds purchased and securities sold under agreements to repurchase:

  

Federal funds purchased in domestic offices

     3,272,000   

Securities sold under agreements to repurchase

     1,550,000   

Trading liabilities

     6,207,000   

Other borrowed money: (includes mortgage indebtedness and obligations under capitalized leases)

     2,191,000   

Not applicable

  

Not applicable

  

Subordinated notes and debentures

     3,490,000   

Other liabilities

     8,577,000   
        

Total liabilities

     165,990,000   
        

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0   

Common stock

     1,135,000   

Surplus (exclude all surplus related to preferred stock)

     8,591,000   

Retained earnings

     6,821,000   

Accumulated other comprehensive income

     -1,044,000   

Other equity capital components

     0   

Total bank equity capital

     15,503,000   

Noncontrolling (minority) interests in consolidated subsidiaries

     362,000   

Total equity capital

     15,865,000   
        

Total liabilities and equity capital

     181,855,000   
        


I, Thomas P. Gibbons, Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.

Thomas P. Gibbons,                

Chief Financial Officer                

We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We declare that it has been examined by us, and to the best of our knowledge and belief has been prepared in conformance with the instructions and is true and correct.

 

Robert P. Kelly

Gerald L. Hassell

Catherine A. Rein

   ]    Directors