EX-25.1 22 dex251.htm FORM T-1 Form T-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)             

 


JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

 

  13-4994650
(State of incorporation   (I.R.S. employer
if not a national bank)   identification No.)
1111 Polaris Parkway  
Columbus, Ohio   43271
(Address of principal executive offices)   (Zip Code)

Pauline E. Higgins

Vice President and Assistant General Counsel

JPMorgan Chase Bank, National Association

707 Travis Street, 4th Floor North

Houston, Texas 77002

Tel: (713) 216-1436

(Name, address and telephone number of agent for service)

 


PPL Corporation

PPL Capital Funding, Inc.

(Exact name of obligor as specified in its charter)

 

Pennsylvania   23-2758192
Delaware   23-2926644
(State or other jurisdiction of   (I.R.S. employer
incorporation or organization)   identification No.)
Two North Ninth Street  
Allentown, Pennsylvania   18101-1179
(Address of principal executive offices)   (Zip Code)

Guarantees of PPL Capital Funding, Inc. Debt Securities

Debt Securities

(Title of the indenture securities)

 



GENERAL

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.

Board of Governors of the Federal Reserve System, Washington, D.C., 20551

Federal Deposit Insurance Corporation, Washington, D.C., 20429.

(b) Whether it is authorized to exercise corporate trust powers.

Yes.

Item 2. Affiliations with the Obligor and Guarantors.

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

None.

 

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Item 16. List of Exhibits

List below all exhibits filed as a part of this Statement of Eligibility.

1. A copy of the Articles of Association of JPMorgan Chase Bank, N.A. (see Exhibit 1 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

2. A copy of the Certificate of Authority of the Comptroller of the Currency for the trustee to commence business. (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

3. None, the authority of the trustee to exercise corporate trust powers being contained in the documents described in Exhibits 1 and 2.

4. A copy of the existing By-Laws of the Trustee. (see Exhibit 4 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

5. Not applicable.

6. The consent of the Trustee required by Section 321(b) of the Act. (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

7. A copy of the latest report of condition of the Trustee, published pursuant to law or the requirements of its supervising or examining authority.

8. Not applicable.

9. Not applicable.

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, JPMorgan Chase Bank, N.A., has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York and State of New York, on the 14th day of March, 2006.

 

JPMORGAN CHASE BANK, N.A.
By  

/s/ Alfia Monastra

  Vice President

 

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Exhibit 7

J.P. Morgan Trust Company, National Association

Statement of Condition

31-Dec-05

 

     ($000)

Assets

  

Cash and Due From Banks

   25,733

Securities

   215,596

Loans and Leases

   135,923

Premises and Fixed Assets

   6,802

Intangible Assets

   349,515

Goodwill

   202,094

Other Assets

   47,157
    

Total Assets

   982,820
    

Liabilities

  

Deposits

   96,108

Other Liabilities

   54,523
    

Total Liabilities

   150,631

Equity Capital

  

Common Stock

   600

Surplus

   701,587

Retained Earnings

   130,002
    

Total Equity Capital

   832,189
    

Total Liabilities and Equity Capital

   982,820