EX-25.1 10 efc9-0918_ex251.htm efc9-0918_ex251.htm
 
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)

Melissa A. Rosal
U.S. Bank National Association
209 S. LaSalle Street, Suite 300
Chicago, Illinois 60604
(312) 325-8904
(Name, address and telephone number of agent for service)

Mercedes-Benz Auto Receivables Trusts
(Issuer with respect to the Securities)

Delaware
95-3477910
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)

36455 Corporate Drive
Farmington Hills, Michigan
 
48331
(Address of Principal Executive Offices)
(Zip Code)

Asset-Backed Notes
(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 3-15
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.

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.*

 
3.
A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*

 
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 June 30, 2009 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 S-4, Registration Number 333-145601 filed on August 21, 2007.



 
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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 Chicago, State of Illinois on the 18th of August, 2009.
 
 
 

 
 By:    /s/ Melissa A. Rosal
  Melissa A. Rosal
  Vice President
 

                                                  
 




By:           /s/ Nancie J. Arvin                                           
Nancie J. Arvin
Vice President



 
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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: August 18, 2009

 
 
 

 
 By:    /s/ Melissa A. Rosal
  Melissa A. Rosal
  Vice President
 
 

 

By:           /s/ Nancie J. Arvin                                           
Nancie J. Arvin
Vice President

 
 
 

 
 
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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2009

($000’s)


Assets
  
6/30/2009
  
Cash and Balances Due From
   $ 6,526,915  
Depository Institutions
        
Securities
     38,971,863  
Federal Funds
     3,558,381  
Loans & Lease Financing Receivables
     180,342,925  
Fixed Assets
     4,176,818  
Intangible Assets
     12,451,763  
Other Assets
     14,416,029  
Total Assets
   $ 260,444,694  

Liabilities
      
Deposits
   $ 174,406,310  
Fed Funds
     11,988,123  
Treasury Demand Notes
     0  
Trading Liabilities
     385,470  
Other Borrowed Money
     34,999,265  
Acceptances
     0  
Subordinated Notes and Debentures
     7,779,967  
Other Liabilities
     6,530,991  
Total Liabilities
   $ 236,090,126  

Equity
      
Minority Interest in Subsidiaries
   $ 1,647,451  
Common and Preferred Stock
     18,200  
Surplus
     12,642,020  
Undivided Profits
     10,046,897  
Total Equity Capita
   $ 24,354,568  
         
Total Liabilities and Equity Capital
   $ 260,444,694  
         
 
 
 

To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.

U.S. Bank National Association

 
By:     /s/ Melissa A. Rosal
            Vice President


Date:  August 18, 2009
 
 
 
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