EX-25.1 12 dex251.htm STATEMENT OF ELIGIBILITY Statement of Eligibility

EXHIBIT 25.1

 

 

 

FORM T-1

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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)

 

 

 

  95-3571558

(State of incorporation

if not a U.S. national bank)

 

(I.R.S. employer

identification no.)

700 South Flower Street

Suite 500

Los Angeles, California

  90017
(Address of principal executive offices)   (Zip code)

 

 

THERMON INDUSTRIES, INC.

(Exact name of obligor as specified in its charter)

 

Texas   26-0249310

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification no.)

100 Thermon Drive

San Marcos, Texas

  78666
(Address of principal executive offices)   (Zip Code)

 

 

 


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.

 

2. Affiliations with Obligor.

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

None.

 

3-15. Not applicable.

 

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 with Registration Statement No. 333-121948).

 

  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).

 

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  3. A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).

 

  4. A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).

 

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

 

  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.

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 Houston, and State of Texas, on the 19th day of November, 2010.

 

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

By:   /s/ Marcella Burgess

Name: 

  Marcella Burgess

Title:

  Vice President

 

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EXHIBIT 6

CONSENT OF THE TRUSTEE

Pursuant to the requirements of Section 321 (b) of the Trust Indenture Act of 1939, and in connection with the proposed issue of Thermon Industries, Inc., The Bank of New York Mellon Trust Company, N.A. hereby consents that reports of examinations by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefore.

 

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

By:  

/s/ Marcella Burgess

Marcella Burgess
Vice President

Houston, Texas

November 19, 2010

 

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EXHIBIT 7

REPORT OF CONDITION

Consolidating domestic subsidiaries of

The Bank of New York Mellon Trust Company

in the state of CA at close of business on September 30, 2010

published in response to call made by (Enter additional information below)

 

       
       

Statement of Resources and Liabilities

 

     Dollar Amounts in Thousands  

ASSETS

     

Cash and balances due from depository institutions:

     

Noninterest-bearing balances and currency and coin

        1,595   

Interest-bearing balances

        276   

Securities:

     

Held-to-maturity securities

        7   

Available-for-sale securities

        703,294   

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold

        76,500   

Securities purchased under agreements to resell

        0   

Loans and lease financing receivables:

     

Loans and leases held for sale

        0   

Loans and leases, net of unearned income

     0      

LESS: Allowance for loan and lease losses

     0      

Loans and leases, net of unearned income and allowance

        0   

Trading Assets

        0   

Premises and fixed assets (including capitalized leases)

        9,503   

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

        223,370   

Other assets

        156,663   

Total assets

        2,027,521   


REPORT OF CONDITION (Continued)

 

     Dollar Amounts in Thousands  
LIABILITIES      

Deposits:

     

In domestic offices

        500   

Noninterest-bearing

     500      

Interest-bearing

     0      

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)

        268,691   

Subordinated notes and debentures

        0   

Other liabilities

        220,845   

Total liabilities

        490,036   

EQUITY CAPITAL

     

Bank Equity Capital

     

Perpetual preferred stock and related surplus

        0   

Common stock

        1,000   

Surplus (excludes all surplus related to preferred stock)

        1,121,520   

Retained earnings

        412,405   

Accumulated other comprehensive income

        2,560   

Other equity capital components

        0   

Total bank equity capital

        1,537,485   

Noncontrolling (minority) interest in consolidated subsidiaries

        0   

Total equity capital

        1,537,485   

Total liabilities and equity capital

        2,027,521   

 

We, the undersigned directors (trustees), attest to the correctness of the Reports of Condition and Income (including the supporting schedules) for this report date and declare that the Reports of Condition and Income have been examined by us and to the best of our knowledge and belief have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true and correct.   

/S/    KAREN BAYZ        

   I, Karen Bayz, Chief Financial Officer
   (Name, Title)
   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.

Director #1

   Troy Kilpatrick, President   

/S/    TROY KILPATRICK        

Director #2

   Frank Sulzberger, Managing Director   

/S/    FRANK SULZBERGER        

Director #3

   William Lindelof, Managing Director   

/S/    WILLIAM LINDELOF