EX-25.A 4 d552437dex25a.htm EX-25(A) EX-25(a)

Exhibit 25(a)

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 Trust Company, N.A.

(Exact name of trustee as specified in its charter)

 

N/A

(State of incorporation
if not a U.S. national bank)

 

95-3571558

(I.R.S. employer
identification no.)

400 South Hope Street, Suite 400

Los Angeles, California

(Address of principal executive offices)

 

90071

(Zip code)

Legal Department

The Bank of New York Mellon Trust Company, N.A.

225 Liberty Street

New York, NY 10286

(212) 635-1270

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

 

 

Oncor Electric Delivery Company LLC

(Exact name of obligor as specified in its charter)

 

Delaware

(State or other jurisdiction of
incorporation or organization)

 

75-2967830

(I.R.S. employer
identification no.)

1616 Woodall Rodgers Fwy.

Dallas, Texas

(Address of principal executive offices)

 

75202

(Zip code)

 

 

3.80% Senior Secured Notes due 2047

(Title of the indenture securities)

 

 


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.

 

Name

  

Address

Comptroller of the Currency – United States

Department of the Treasury

   Washington, D.C. 20219
Federal Reserve Bank    San Francisco, California 94105
Federal Deposit Insurance Corporation    Washington, D.C. 20429

(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.

 

Item 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 articles of association of The Bank of New York Mellon Trust Company, N.A. (Exhibit 1 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10)

 

  2. A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).

 

  3. A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10).

 

  4. A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10).

 

  5. Not applicable.

 

  6. The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10).

 

  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.

 

  8. Not applicable.

 

  9. Not applicable.

 

2


SIGNATURE

Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Los Angeles, and State of California, on the 5th day of April, 2018.

 

THE BANK OF NEW YORK MELLON
  TRUST COMPANY, N.A.
By:  

/s/ Valere Boyd

  Name:   Valere Boyd
  Title:   Vice President

 

3


EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

of 400 South Hope Street, Suite 500, Los Angeles, CA 90071

At the close of business December 31, 2017, published in accordance with Federal regulatory authority instructions.

 

     Dollar amounts
in thousands
 

ASSETS

     

Cash and balances due from depository institutions:

     

Noninterest-bearing balances and currency and coin

        4,247  

Interest-bearing balances

        533,579  

Securities:

     

Held-to-maturity securities

        0  

Available-for-sale securities

        542,018  

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold

        0  

Securities purchased under agreements to resell

        0  

Loans and lease financing receivables:

     

Loans and leases held for sale

        0  

Loans and leases, held for investment

     0     

LESS: Allowance for loan and lease losses

     0     

Loans and leases held for investment, net of allowance

     0     

Trading assets

        0  

Premises and fixed assets (including capitalized leases)

        10,756  

Other real estate owned

        0  

Investments in unconsolidated subsidiaries and associated companies

        0  

Direct and indirect investments in real estate ventures

        0  

Intangible assets:

     

Goodwill

        856,313  

Other intangible assets

        24,347  

Other assets

        121,741  
     

 

 

 

Total assets

      $ 2,093,001  
     

 

 

 


LIABILITIES

     

Deposits:

     

In domestic offices

        602  

Noninterest-bearing

     602     

Interest-bearing

     0     

Not applicable

     

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased

        0  

Securities sold under agreements to repurchase

        0  

Trading liabilities

        0  

Other borrowed money:

     

(includes mortgage indebtedness and obligations under capitalized leases)

        0  

Not applicable

     

Not applicable

     

Subordinated notes and debentures

        0  

Other liabilities

        222,312  

Total liabilities

        222,914  

Not applicable

     

EQUITY CAPITAL

     

Perpetual preferred stock and related surplus

        0  

Common stock

        1,000  

Surplus (exclude all surplus related to preferred stock)

        1,123,124  

Not available

     

Retained earnings

        747,028  

Accumulated other comprehensive income

        -1,065  

Other equity capital components

        0  

Not available

     

Total bank equity capital

        1,870,087  

Noncontrolling (minority) interests in consolidated subsidiaries

        0  

Total equity capital

        1,870,087  
     

 

 

 

Total liabilities and equity capital

        2,093,001  
     

 

 

 

I, Matthew J. McNulty, CFO of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.

Matthew J. McNulty     )         CFO

We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date and 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 issued by the appropriate Federal regulatory authority and is true and correct.

 

Antonio I. Portuondo, President   )   
William D. Lindelof, Director   )        Directors (Trustees)
Alphonse J. Briand, Director   )