EX-25.2 35 y01632exv25w2.htm EXHIBIT 25.2 exv25w2
 

Exhibit 25.2
 
 
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)            o
 
THE BANK OF NEW YORK TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     
    95-3571558
(State of incorporation   (I.R.S. employer
if not a U.S. national bank)   identification no.)
     
700 South Flower Street    
Suite 500    
Los Angeles, California   90017
(Address of principal executive offices)   (Zip code)
 
Compagnie Générale de Géophysique-Veritas
(Exact name of obligor as specified in its charter)
     
Republic of France   Not Applicable
(State or other jurisdiction of   (I.R.S. employer
incorporation or organization)   identification no.)
     
Tour Montparnasse    
33 avenue du Maine    
75755 Paris cedex 15    
France    
(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 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).
 
  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.

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  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 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 29th day of January, 2007.
     
 
THE BANK OF NEW YORK TRUST COMPANY,
 
National Association
 
   
 
By:
/s/ Mauri J. Cowen
 
Name: Mauri J. Cowen
 
Title: Vice President

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REPORT OF CONDITION
 
Consolidating domestic subsidiaries of
THE BANK OF NEW YORK TRUST COMPANY, NA
in the state of CA at close of business on September 30, 2006
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
            3,188  
Interest-bearing balances
            0  
Securities:
               
Held-to-maturity securities
            56  
Available-for-sale securities
            64,467  
Federal funds sold and securities purchased under agreements to resell:
               
Federal funds sold
            49,000  
Securities purchased under agreements to resell
            128,000  
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)
            3,808  
Other real estate owned
            0  
Investments in unconsolidated subsidiaries and associated companies
            0  
Intangible assets:
               
Goodwill
            267,486  
Other intangible assets
            15,230  
Other assets
            40,470  
Total assets
            571,705  

 


 

REPORT OF CONDITION (Continued)
LIABILITIES
                 
    Dollar Amounts in Thousands  
 
Deposits:
               
In domestic offices
            2,039  
Noninterest-bearing
    2,039          
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)
            58,000  
Subordinated notes and debentures
            0  
Other liabilities
            85,004  
Total liabilities
            145,043  
Minority interest in consolidated subsidiaries
            0  
 
               
EQUITY CAPITAL
               
 
               
Perpetual preferred stock and related surplus
            0  
Common stock
            1,000  
Surplus (exclude all surplus related to preferred stock)
            321,520  
Retained earnings
            104,139  
Accumulated other comprehensive income
            3  
Other equity capital components
            0  
Total equity capital
            426,662  
Total liabilities, minority interest, and equity capital
            571,705  

We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.
     
Director #1
  Michael Klugman, President
 
   
Director #2
  Frank Sulzberger, Managing Director
 
   
Director #3
  Michael McFadden, MD
         
I, William Winkelmann, Vice President
   
 
  ( 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.