EX-25.2.1 3 dex2521.htm FORM T-1 STATEMENT OF ELIGIBILITY Form T-1 Statement of Eligibility

Exhibit 25.2.1

 

 

       
        OMB APPROVAL
       
       

OMB Number: 3235-0110

       
       

Expires: June 30, 2003

       
       

Estimated average burden

hours per response. . . 15

       

 

 

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

 

 

Securities Act of 1933 File No.:  333-103115

 

 

CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A

TRUSTEE PURSUANT TO SECTION 305(b)(2):  x

 

 

 

 

 

 

SUNTRUST BANK

(Exact name of trustee as specified in its charter)

 

 

Georgia       58-0466330
(Jurisdiction of incorporation if not a U.S. national bank)       (I.R.S. Employer Identification Number)
         
303 Peachtree Street, Suite 300        
Atlanta, Georgia       30303
(Address of Principal Executive Offices)       (Zip Code)

 

 

 

Wallace L. Duke, Jr.

SunTrust Bank

424 Church Street, 6th Floor

Nashville, Tennessee 37219

(615) 748-5324

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

 

 

OMNICARE, INC.

(Exact name of obligor as specified in its charter)

 

 

Delaware       31-1001351
(State or other jurisdiction of incorporation or organization)      

(I.R.S. Employer Identification Number)

         
100 East RiverCenter Boulevard, Suite 1600        
Covington, Kentucky       41011
(Address of principal executive officers)       (Zip Code)

 

 

$250,000,000 6 1/8% Senior Subordinated Notes Due 2013

(Title of the indenture securities)

 


Item 1.   General Information.

 

  (a)   The following are the names and addresses of each examining or supervising authority to which the Trustee is subject.

 

 

Name


 

Address


Department of Banking and Finance

State of Georgia

  Atlanta, GA

Federal Reserve Bank of Atlanta

 

Federal Deposit Insurance Corp.

 

104 Marietta Street, N.W.

Atlanta, GA

 

Washington, D.C.

 

  (b)   The Trustee is authorized to exercise corporate trust powers.

 

 

Item 2.   Affiliations with the Obligor.

 

The obligor is not an affiliate of the Trustee.

 

No Responses are included for items 3 through 12, 14 and 15. Responses to those items are not required because, as provided in general instruction (b), the obligor is not in default on any Securities issued under indentures under which SunTrust Bank is a Trustee.

 

 

Item 13.   Defaults by the obligor.

 

Not applicable.

 

Item 16.   List of Exhibits.

 

List below all exhibits filed as a part of this statement of eligibility; exhibits identified in parentheses are filed with the Commission and are incorporated herein by reference as exhibits hereto pursuant to Rule 7a-29 under the Trust Indenture Act of 1939, as amended.

 

 

Exhibit 1      A copy of the Articles of Amended and Restated Articles of Association of SunTrust now in effect (dated as of August 8, 2000) (Included in Exhibit 1 to Form T-1, Registration No. 333-62644).
Exhibit 2      A copy of the Certificate of Authority of SunTrust to commence business. (Included in Exhibit 1 to Form T-1, Registration No. 333-62644).
Exhibit 3      A copy of the authorization of SunTrust to exercise corporate trust powers. (Included in Exhibit 1 to Form T-1, Registration No. 333-62644).
Exhibit 4      A copy of the Existing Bylaws of SunTrust Bank, as amended and restated February 13, 2001 (Included in Exhibit 4 to Form T-1, Registration No. 333-62644).
Exhibit 5      Not applicable.
Exhibit 6      Consent of SunTrust Bank, required by Section 321(b) of the Act.

Exhibit 7

     The latest report of condition of SunTrust Bank, dated as of March 31, 2003.


SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939 the trustee, SunTrust Bank, a banking corporation organized and existing under the laws of the State of Georgia, 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 Nashville and State of Tennessee on this 11th day of June, 2003.

 

 

 

SUNTRUST BANK

By:

 

/S/    WALLACE L. DUKE, JR.


   

Wallace L. Duke, Jr.

Group Vice President


EXHIBIT 6

 

Consent of Trustee

 

Pursuant to the requirements of Section 321(b) of the Trust Indenture Act of 1939 in connection with the proposed issuance of 6 1/8% Senior Subordinated Notes Due 2013 of Omnicare, Inc., SunTrust Bank hereby consents that reports of examinations by Federal, State, Territorial or District Authorities may be furnished by such authorities to the Securities & Exchange Commission upon request therefor.

 

 

SUNTRUST BANK

By:

 

/S/    WALLACE L. DUKE, JR.


   

Wallace L. Duke, Jr.

Group Vice President


EXHIBIT 7

 

The latest report of condition of SunTrust Bank, dated as of March 31, 2003

 

 

 

FFIEC 031 

RC-1          

_________

12       

_________

SUNTRUST BANK


Legal Title of Bank

 

ATLANTA


City

 

GA                                                     30302


State                                                  Zip Code

 

Transmitted to Intercept on 04/30/2003. Confirmation Number - 0005091

FDIC Certificate Number 00867

 

Consolidated Report of Condition for Insured Commercial

and State-Chartered Savings Banks for March 31, 2003

 

All schedules are to be reported in thousands of dollars. Unless otherwise indicated,

report the amount outstanding as of the last business day of the quarter.

 

Schedule RC—Balance Sheet

 

Dollar Amounts in Thousands


   RCFD

   Bill | Mil | Thou

    
      

ASSETS

                        

  1. Cash and balances due from depository institutions (from Schedule RC-A):

                        

  a. Noninterest-bearing balances and currency and coin (1)

             0081    4,590,391    1.a

  b. Interest-bearing balances (2)

             0071    18,531    1.b

  2. Securities:

                        

  a. Held-to-maturity securities (from Schedule RC-B, column A)

             1754    0    2.a

  b. Available-for-sale securities (from Schedule RC-B, column D)

             1773    22,035,405    2.b

  3. Federal funds sold and securities purchased under agreement to resell:

             RCON          

  a. Federal funds sold in domestic offices

             B987    282,750    3.a
               RCFD          

  b. Securities purchased under agreements to resell (3)

             B989    3,623,250    3.b

  4. Loans and lease financing receivables (from Schedule RC-C):

                        

  a. Loans and leases held for sale

             5369    8,220,705    4.a

  b. Loans and leases, net of unearned income

   B528    73,901,781              4.b

  c. LESS: Allowance for loan and lease losses

   3123    922,850              4.c

  d. Loans and leases, net of unearned Income and allowance   (Item 4.b minus 4.c)

             B529    72,978,931    4.d

  5. Trading assets (from Schedule RC-D)

             3545    1,298,146    5

  6. Premises and fixed assets (including capitalized leases)

             2145    1,308,923    6

  7. Other real estate owned (from Schedule RC-M)

             2150    27,263    7

  8. Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M)

             2130    0    8

  9. Customers’ liability to this bank on acceptances outstanding

             2155    84,197    9

10. Intangible assets:

                        

  a. Goodwill

             3163    778,474    10.a

  b. Other intangible assets (from Schedule RC-M)

             0426    608,832    10.b

11. Other assets (from Schedule RC-F)

             2160    2,459,183    11

12. Total assets (sum of items 1 through 11)

             2170    118,314,981    12

(1)   Includes cash items in process of collection and unposted debits.
(2)   Includes time certificates of deposit not held for trading.
(3)   Includes all securities resale agreements in domestic and foreign offices, regardless of maturity.

 


FFIEC 031 

RC-2          

_________

13       

_________

SUNTRUST BANK


Legal Title of Bank

 

Transmitted to Intercept on 04/30/2003. Confirmation Number - 0005091

FDIC Certificate Number- 00867

 

Schedule RC—Continued

 

     Dollar Amounts in thousands

        Bill | MIL | Thou

    

LIABILITIES

                        

13.    Deposits:

                        

a.      In domestic offices (sum of totals of columns A and C from Schedule RC-E, part I)

            

RCON

2200

   74,145,405    13.a

(1)    Noninterest-bearing (1)

   6631    9,917,326              13.a.1

(2)    Interest-bearing

   6636    64,228,079              13.a.2

b.      In foreign offices, Edge and Agreement subsidiaries, and IBFs
(from Schedule RC-E, part II)

            

RCFN

2200

   4,099,738    13.b

(1)    Noninterest-bearing

   6631    0              13.b.1

(2)    Interest-bearing

   6631    4,099,738              13.b.2

14.    Federal funds purchased and securities sold under agreements to repurchase:

             RCON          

a.      Federal funds purchased in domestic offices (2)

             B993    9,196,859    14.a

b.      Securities sold under agreements to repurchase (3)

            

RCFD

B995

   7,754,789    14.b

15.    Trading liabilities (from Schedule RC-D)

             3548    1,048,005    15

16.    Other borrowed money (includes mortgage in under capitalized leases) (from Schedule RC-M)

             3190    7,015,976    16

17.    Not applicable

                        

18.    Bank’s liability on acceptances executed and outstanding

             2920    84,197    18

19.    Subordinated notes and debentures (4)

             3200    2,149,202    19

20.    Other liabilities (from Schedule RC-G)

             2930    2,672,144    20

21.    Total liabilities (sum of items 13 through 20)

             2948    108,166,315    21

22.    Minority interest in consolidated subsidiaries

             3000    1,012,489    22
EQUITY CAPITAL                         

23.    Perpetual preferred stock and related surplus

             3838    0    23

24.    Common stock

             3230    21,600    24

25.    Surplus (exclude all surplus related to preferred stock)

             3839    2,593,742    25

26.    a.  Retained earnings

             3632    5,711,608    26.a
         b.  Accumulated other comprehensive income (5)              B530    809,227    26.b

27.    Other equity capital components (6)

             A130    0    27

28.    Total equity capital (sum of items 23 through 27)

             3210    9,136,177    28

29.    Total liabilities, minority interest, and equity capital (sum of items 21, 22, and 28)

             3300    118,314,981    29
Memorandum                         
To be reported only with the March Report of Condition.                         

1.      Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2002

            

RCDF

 

6724

  

Number

 

2

   M.1

 

 

1 =   Independent audit of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the bank

 

2 =   Independent audit of the bank’s parent holding company conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the consolidated holding company (but not on the bank separately)

 

3 =   Attestation on bank management’s assertion on the effectiveness of the bank’s Internal control over financial reporting by a certified public accounting firm

 

4 =   Directors’ examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state chartering authority)

 

5 =   Directors’ examination of the bank performed by other external auditors (may be required by state chartering authority)

 

6 =   Review of the bank’s financial statements by external auditors

 

7 =   Compilation of the bank’s financial statements by external auditors

 

8 =   Other audit procedures (excluding tax preparation work)

 

9 =   No external audit work

 


  (1)   Includes total demand deposits and noninterest-bearing time and savings deposits.
  (2)   Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “other borrowed money.”
  (3)   Includes all securities repurchase agreements in domestic and foreign offices, regardless of maturity.
  (4)   Includes limited-life preferred stock and related surplus.
  (5)   Includes net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and minimum pension liability adjustments.
  (6)   Includes treasury stock and unearned Employee Stock Ownership Plan shares.