EX-25.1 11 a2211975zex-25_1.htm EX-25.1

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) o

 

 

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)

 

Grace A. Gorka
U.S. Bank National Association
190 South LaSalle Street
MK-IL-SLTR
Chicago, IL 60603
(312) 332-6772
(Name, address and telephone number of agent for service)

 

AAR CORP.

(Issuer with respect to the Securities)

 

Delaware

 

36-2334820

(State or other jurisdiction of incorporation or organization)

 

(I.R.S. Employer Identification No.)

 

 

 

One AAR Place

 

 

1100 N. Wood Dale Road

 

 

Wood Dale, Illinois

 

60191

(Address of Principal Executive Offices)

 

(Zip Code)

 

7¼% Senior Notes due 2022

(Title of the Indenture Securities)

 

 

 


 

And Guarantees

GUARANTORS

 

 

 

State or Other Jurisdiction of

 

 

Exact Name of Registrant as

 

Incorppration or

 

I.R.S. Employer

Specified in its Charter

 

Organization

 

Identification No.

 

 

 

 

 

AAR Aircraft & Engine Sales & Leasing, Inc.

 

Illinois

 

36-3180893

AAR International Financial Services, L.L.C.

 

Illinois

 

36-4281013

AAR/SSB II, LLC

 

Illinois

 

36-4438985

AARIFS (304) LLC

 

Delaware

 

Applied for

AARIFS (315) LLC

 

Delaware

 

Applied for

AARIFS (662) LLC

 

Delaware

 

20-8824094

AARIFS (23734) LLC

 

Delaware

 

Applied for

AARIFS (23779) LLC

 

Delaware

 

Applied for

AARIFS (23780) LLC

 

Delaware

 

Applied for

AARIFS (24750) LLC

 

Delaware

 

Applied for

AARIFS (25092) LLC

 

Delaware

 

20-5949561

AARIFS (25093) LLC

 

Delaware

 

20-5950051

AARIFS A320 LLC

 

Delaware

 

20-3697195

AARIFS (342) LLC

 

Delaware

 

26-0229969

AARIFS (290) LLC

 

Delaware

 

Applied for

AAR Aircraft Services, Inc.

 

Illinois

 

90-0168563

Aviation Maintenance Staffing, Inc.

 

Delaware

 

20-2466888

AAR Airlift Group, Inc.

 

Florida

 

59-3540727

AAR Landing Gear LLC

 

Florida

 

45-4127091

AAR International, Inc.

 

Illinois

 

36-2551481

AAR Australia, L.L.C.

 

Illinois

 

Applied for

AAR Japan, Inc.

 

Illinois

 

38-3655764

Airinmar Holdings Limited

 

England and Wales

 

00-0000000

Airinmar Group Limited

 

England and Wales

 

00-0000000

Airinmar Limited

 

England and Wales

 

00-0000000

Telair International GmbH

 

Germany

 

00-0000000

Telair International AB

 

Sweden

 

00-0000000

Nordisk Aviation Products AS

 

Norway

 

00-0000000

AAR Manufacturing, Inc.

 

Illinois

 

38-2413129

Brown International Corporation

 

Alabama

 

63-0938781

EP Aviation, LLC

 

Delaware

 

54-2059107

Summa Technology, Inc.

 

Alabama

 

63-0876624

AAR Parts Trading, Inc.

 

Illinois

 

36-3180895

AAR Power Services, Inc.

 

Illinois

 

36-4020610

AAR Allen Services, Inc.

 

Illinois

 

36-4020612

 

2


 

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, attached as Exhibit 2.

 

3.              A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

 

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 September 30, 2012 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 333-166527 filed on May 5, 2010.

 

3


 

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 30th of November, 2012.

 

 

By:

/s/ Grace A. Gorka

 

 

Grace A. Gorka

 

 

Vice President

 

4

 

 

Exhibit 2

 

 

Comptroller of the Currency
Administrator of National Banks

 

Washington, DC 20219

 

CERTIFICATE OF CORPORATE EXISTENCE

 

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

 

1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

 

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.

 

IN TESTIMONY WHEREOF, today, May 9, 2012, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.

 

/s/ Thomas J. Curry

Comptroller of the Currency

 

 

5


 

Exhibit 3

 

 

Comptroller of the Currency
Administrator of National Banks

 

Washington, DC 20219

 

CERTIFICATION OF FIDUCIARY POWERS

 

I, John Walsh, Acting Comptroller of the Currency, do hereby certify that:

 

1. The Office of the Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

 

2.   “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved September 28, 1962, 76 Stat. 668, 12 USC 92a, and that the authority so granted remains in full force and effect on the date of this certificate.

 

IN TESTIMONY WHEREOF, today, September 14, 2011, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.

 

/s/ John Walsh

Acting Comptroller of the Currency

 

6


 

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: November 30, 2012

 

 

 

By:

/s/ Grace A. Gorka

 

 

Grace A. Gorka

 

 

Vice President

 

7

 

Exhibit 7


U.S. Bank National Association
Statement of Financial Condition
As of 9/30/2012

 

($000’s)

 

 

 

9/30/2012

 

Assets

 

 

 

Cash and Balances Due From Depository Institutions

 

$

9,381,745

 

Securities

 

73,560,962

 

Federal Funds

 

54,418

 

Loans & Lease Financing Receivables

 

216,024,463

 

Fixed Assets

 

5,197,616

 

Intangible Assets

 

12,193,832

 

Other Assets

 

26,214,236

 

Total Assets

 

$

342,627,272

 

 

 

 

 

Liabilities

 

 

 

Deposits

 

$

248,628,028

 

Fed Funds

 

4,356,963

 

Treasury Demand Notes

 

0

 

Trading Liabilities

 

389,944

 

Other Borrowed Money

 

31,814,742

 

Acceptances

 

0

 

Subordinated Notes and Debentures

 

5,846,882

 

Other Liabilities

 

12,415,745

 

Total Liabilities

 

$

303,452,034

 

 

 

 

 

Equity

 

 

 

Common and Preferred Stock

 

18,200

 

Surplus

 

14,133,290

 

Undivided Profits

 

22,926,251

 

Minority Interest in Subsidiaries

 

$

2,097,497

 

Total Equity Capital

 

$

39,175,238

 

 

 

 

 

Total Liabilities and Equity Capital

 

$

342,627,272

 

 

8