EX-25.(B) 8 a06-13444_1ex25db.htm EX-25

Exhibit 25(b)

FORM T-1
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)

 


 

Aon Corporation
(Exact name of obligor as specified in its charter)

Delaware

 

36-3051915

(State or other jurisdiction of

 

(I.R.S. employer

incorporation or organization)

 

identification no.)

 

 

 

 

 

 

200 East Randolph Street

 

 

Chicago, Illinois

 

60601

 (Address of principal executive offices)

 

(Zip code)

 

 

 

 

Subordinated Debt Securities
(Title of the indenture securities)

 

 




 

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.

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).

2




6.                                       The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-121948).

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.

 

3




 

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 Chicago, and State of Illinois, on the 6th day of June, 2006.

THE BANK OF NEW YORK TRUST
COMPANY, N.A.

 

 

 

 

BY:

/S/  J. BARTOLINI

 

NAME:

J. BARTOLINI

 

TITLE:

VICE PRESIDENT

 

4




 

EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK TRUST COMPANY, N.A.

of 700 South Flower Street, Suite 200, Los Angeles, CA 90017

At the close of business December 31, 2005, published in accordance with Federal regulatory authority instructions.

 

Dollar Amounts

 

 

 

 

 

 

 

 

in Thousands

 

ASSETS

Cash and balances due from

 

 

 

 

 

depository institutions:

 

 

 

 

 

Noninterest-bearing balances

 

 

 

 

 

and currency and coin

 

9,859

 

 

 

Interest-bearing balances

 

0

 

 

 

Securities:

 

 

 

 

 

Held-to-maturity securities

 

70

 

 

 

Available-for-sale securities

 

62,079

 

 

 

Federal funds sold and securities

 

 

 

5




 

 

 

 

purchased under agreements to resell:

 

 

 

 

 

Federal funds sold

 

38,000

 

 

 

Securities purchased under agreements to resell

 

105,100

 

 

 

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)

 

4,113

 

 

 

Other real estate owned

 

0

 

 

 

Investments in unconsolidated

 

 

 

 

 

subsidiaries and associated

 

 

 

 

 

companies

 

0

 

 

 

Customers’ liability to this bank

 

 

 

 

 

on acceptances outstanding

 

0

 

 

 

Intangible assets:

 

 

 

 

 

Goodwill

 

265,964

 

 

 

Other Intangible Assets

 

16,292

 

 

 

Other assets

 

39,519

 

 

 

Total assets

 

$540,996

 

6




 

 

 

 

LIABILITIES

 

 

 

 

 

 

 

 

Deposits:

 

 

 

 

 

In domestic offices

 

7,729

 

 

 

Noninterest-bearing

 

7,729

 

 

0

Interest-bearing

 

 

 

 

 

Not applicable

 

 

 

 

 

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

 

 

 

Not applicable

 

 

 

 

 

Bank’s liability on acceptances

 

 

 

 

 

executed and outstanding

 

0

 

 

 

Subordinated notes and debentures

 

0

 

7




 

 

 

 

Other liabilities

 

68,953

 

 

 

Total liabilities

 

$134,682

 

 

 

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

 

84,070

 

 

 

Accumulated other comprehensive

 

 

 

 

 

income

 

-276

 

 

 

Other equity capital components

 

0

 

 

 

Total equity capital

 

$406,314

 

 

 

Total liabilities, minority interest, and equity capital

 

$540,996

 

I, William J. Winkelmann, Vice President of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.

 

William J. Winkelmann               )               Vice President

 

 

We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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.

8




Michael K. Klugman, President                )

Michael F. McFadden, MD                       )               Directors (Trustees)

Frank P. Sulzberger, Vice President          )

9