EX-25.1 7 tm2039741d2_ex25-1.htm EXHIBIT 25.1

 

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)

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

  A National Banking Association 94-1347393  
  (Jurisdiction of incorporation or (I.R.S. Employer  
  organization if not a U.S. national Identification No.)  
  bank)    
  101 North Phillips Avenue    
  Sioux Falls, South Dakota 57104  
  (Address of principal executive offices) (Zip code)  

 

Wells Fargo & Company

Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

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

 

Antero Resources Corporation
(Exact name of obligor as specified in its charter)
Delaware 80-0162034
(State or other jurisdiction
of incorporation or organization)
(I.R.S. Employer
Identification No.)

 

1615 Wynkoop Street
Denver, Colorado 80202
(Address, including zip code, of Obligor’s principal executive offices)

 

Senior Debt Securities

(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.

 

Comptroller of the Currency

Treasury Department

Washington, D.C.

 

Federal Deposit Insurance Corporation

Washington, D.C.

 

Federal Reserve Bank of San Francisco

San Francisco, California 94120

 

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

 

The trustee is authorized to exercise corporate trust powers.

 

Item 2.Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

 

None with respect to the trustee.

 

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

 

Item 15. Foreign Trustee. Not applicable.

 

Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.

 

Exhibit 1.  A copy of the Articles of Association of the trustee now in effect.*

 

Exhibit 2.  A copy of the Comptroller of the Currency Certificate of Corporate Existence for Wells Fargo Bank, National Association, dated January 14, 2015.*

 

Exhibit 3.   A copy of the Comptroller of the Currency Certification of Fiduciary Powers for Wells Fargo Bank, National Association, dated January 6, 2014.*

 

Exhibit 4.   Copy of By-laws of the trustee as now in effect.*

 

Exhibit 5.   Not applicable.

 

Exhibit 6.   The consent of the trustee required by Section 321(b) of the Act.

 

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

 

Exhibit 8.   Not applicable.

 

Exhibit 9.   Not applicable.

 

* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit to the Filing 305B2 dated March 13, 2015 of file number 333-190926.

 

 

 

 

SIGNATURE

 

 

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo 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 to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Boston and State of Massachusetts on the 6th day of January, 2021.

 

  WELLS FARGO BANK, NATIONAL ASSOCIATION
   
   
  Patrick T. Giordano
  Vice President

 

 

 

 

EXHIBIT 6

 

January 6, 2021

 

Securities and Exchange Commission

Washington, D.C. 20549

 

Gentlemen:

 

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

   
  Very truly yours,
   
  WELLS FARGO BANK, NATIONAL ASSOCIATION
   
   
  Patrick T. Giordano
  Vice President

 

 

 

 

Exhibit 7

 

Consolidated Report of Condition of

 

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business September 30, 2020, filed in accordance with 12 U.S.C. §161 for National Banks.

 

       Dollar Amounts 
       In Millions 
ASSETS          
Cash and balances due from depository institutions:          
Noninterest-bearing balances and currency and coin       $24,941 
Interest-bearing balances        206,894 
Securities:          
Held-to-maturity securities        182,543 
Available-for-sale securities        212,761 
Equity Securities with readily determinable fair value not held for trading        11 
           
Federal funds sold and securities purchased under agreements to resell:          
Federal funds sold in domestic offices        75 
Securities purchased under agreements to resell        65,239 
Loans and lease financing receivables:          
Loans and leases held for sale        22,816 
Loans and leases, net of unearned income   889,757      
LESS: Allowance for loan and lease losses   19,149      
Loans and leases, net of unearned income and allowance        870,608 
Trading Assets        58,158 
Premises and fixed assets (including capitalized leases)        11,434 
Other real estate owned        164 
Investments in unconsolidated subsidiaries and associated companies        13,190 
Direct and indirect investments in real estate ventures        41 
Intangible assets        30,581 
Other assets        50,740 
Total assets       $1,750,196 
           
LIABILITIES          
Deposits:          
In domestic offices       $1,433,919 
Noninterest-bearing   531,501      
Interest-bearing   902,418      
In foreign offices, Edge and Agreement subsidiaries, and IBFs        33,410 
Noninterest-bearing   410      
Interest-bearing   33,000      
Federal funds purchased and securities sold under agreements to repurchase:          
Federal funds purchased in domestic offices        882 
Securities sold under agreements to repurchase        5,970 

 

 

 

 

   Dollar Amounts 
   In Millions 
Trading liabilities   14,059 
Other borrowed money     
(Includes mortgage indebtedness and obligations under capitalized leases)   47,004 
Subordinated notes and debentures   12,454 
Other liabilities   32,620 
      
Total liabilities  $1,580,318 
      
EQUITY CAPITAL     
Perpetual preferred stock and related surplus   0 
Common stock   519 
Surplus (exclude all surplus related to preferred stock)   114,820 
Retained earnings   52,468 
Accumulated other comprehensive income   2,037 
Other equity capital components   0 
      
Total bank equity capital   169,844 
Noncontrolling (minority) interests in consolidated subsidiaries   34 
      
Total equity capital   169,878 
      
Total liabilities, and equity capital  $1,750,196 

 

I, Michael. P. Santomassimo, Sr. EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

 

  Michael. P. Santomassimo
  Sr. EVP & CFO

 

We, the undersigned directors, attest to the correctness of this Report of Condition 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.

 

Directors

Maria R. Morris

Theodore F. Craver, Jr.

Juan A. Pujadas