EX-25.1 27 dex251.htm FORM T-1 STATEMENT OF ELIGIBILITY OF WELLS FARGO BANK Form T-1 Statement of Eligibility of Wells Fargo Bank

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)

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

 

 

A National Banking Association   94-1347393

(Jurisdiction of incorporation or

organization if not a U.S. national bank)

 

(I.R.S. Employer

Identification No.)

101 North Phillips Avenue

Sioux Falls, South Dakota

  57104
(Address of principal executive offices)   (Zip code)

Wells Fargo & Company

Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

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

 

 

ESTERLINE TECHNOLOGIES CORPORATION

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   13-2595091

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

500 108th Ave N.E.

Bellevue, WA

  98004
(Address of principal executive offices)   (Zip code)

 

 

Esterline Technologies Corporation 7% Senior Notes Due 2020

(Title of the indenture securities)

 

 

 


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

Treasury Department

Washington, D.C.

Federal Deposit Insurance Corporation

Washington, D.C.

Federal Reserve Bank of San Francisco

San Francisco, California 94120

 

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

The trustee is authorized to exercise corporate trust powers.

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

Item 15. Foreign Trustee.            Not applicable.

Item 16. List of Exhibits.             List below all exhibits filed as a part of this Statement of Eligibility.

 

Exhibit 1.    A copy of the Articles of Association of the trustee now in effect.*
Exhibit 2.    A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**
Exhibit 3.    See Exhibit 2
Exhibit 4.    Copy of By-laws of the trustee as now in effect.***
Exhibit 5.    Not applicable.
Exhibit 6.    The consent of the trustee required by Section 321(b) of the Act.
Exhibit 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.
Exhibit 8.    Not applicable.
Exhibit 9.    Not applicable.


* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784-06.

 

** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of file number 022-28721.

 

*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of file number 333-125274.


 

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo 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 to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Los Angeles and State of California on the 11th day of October, 2010.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

  /s/ Maddy Hall

 

Maddy Hall

 

Vice President

 


 

EXHIBIT 6

October 11, 2010

Securities and Exchange Commission

Washington, D.C. 20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

Very truly yours,    
WELLS FARGO BANK, NATIONAL ASSOCIATION

  /s/ Maddy Hall

 

Maddy Hall

 

Vice President

 


 

EXHIBIT 7

Consolidated Report of Condition of

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business June 30, 2010, filed in accordance with 12 U.S.C. §161 for National Banks.

 

            Dollar Amounts
In Millions
 

ASSETS

     

Cash and balances due from depository institutions:

     

Noninterest-bearing balances and currency and coin

      $ 18,090   

Interest-bearing balances

        59,995   

Securities:

     

Held-to-maturity securities

        0   

Available-for-sale securities

        136,426   

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold in domestic offices

        1,213   

Securities purchased under agreements to resell

        4,560   

Loans and lease financing receivables:

     

Loans and leases held for sale

        26,936   

Loans and leases, net of unearned income

     697,216      

LESS: Allowance for loan and lease losses

     20,992      

Loans and leases, net of unearned income and allowance

        676,224   

Trading Assets

        32,627   

Premises and fixed assets (including capitalized leases)

        8,206   

Other real estate owned

        4,564   

Investments in unconsolidated subsidiaries and associated companies

        562   

Direct and indirect investments in real estate ventures

        122   

Intangible assets

     

Goodwill

        21,005   

Other intangible assets

        25,903   

Other assets

        56,847   
           

Total assets

      $ 1,073,280   
           

LIABILITIES

     

Deposits:

     

In domestic offices

      $ 719,242   

Noninterest-bearing

     153,912      

Interest-bearing

     565,330      

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        97,865   

Noninterest-bearing

     1,563      

Interest-bearing

     96,302      

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased in domestic offices

        6,073   

Securities sold under agreements to repurchase

        14,292   


     Dollar Amounts
In Millions
 

Trading liabilities

     15,806   

Other borrowed money

  

(includes mortgage indebtedness and obligations under capitalized leases)

     45,602   

Subordinated notes and debentures

     21,152   

Other liabilities

     28,056   
        

Total liabilities

   $ 948,088   

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0   

Common stock

     519   

Surplus (exclude all surplus related to preferred stock)

     98,774   

Retained earnings

     19,082   

Accumulated other comprehensive income

     5,510   

Other equity capital components

     0   
        

Total bank equity capital

     123,885   

Noncontrolling (minority) interests in consolidated subsidiaries

     1,307   
        

Total equity capital

     125,192   
        

Total liabilities, and equity capital

   $ 1,073,280   
        

I, Howard I. Atkins, EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge

and belief.

Howard I. Atkins

EVP & CFO

We, the undersigned directors, attest to the correctness of this Report of Condition 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.

 

John Stumpf    Directors   
Carrie Tolstedt      
Michael Loughlin