EX-25.(A) 11 c41681_ex25-a.txt Exhibit 25(a) --------------------------------------------------------------- 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) -------------------------------------------- GENERAL ELECTRIC CAPITAL CORPORATION (Exact name of obligor as specified in its charter) DELAWARE 13-1500700 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 260 LONG RIDGE ROAD STAMFORD, CT 06927 (Address of principal executive offices) (Zip Code) -------------------------------------------------- SENIOR DEBT SECURITIES, GUARANTEES, LETTERS OF CREDIT AND PROMISSORY NOTES OR LOAN OBLIGATIONS (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. -2- 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 29TH DAY OF MARCH, 2006. JPMORGAN CHASE BANK, N.A. By /s/ Michael A. Smith ------------------------- /s/ MICHAEL A. SMITH VICE PRESIDENT -3- Exhibit 7 to Form T-1 Bank Call Notice RESERVE DISTRICT NO. 2 CONSOLIDATED REPORT OF CONDITION OF JPMorgan Chase Bank, N.A. of 1111 Polaris Parkway, Columbus, Ohio 43240 and Foreign and Domestic Subsidiaries, a member of the Federal Reserve System, at the close of business December 31, 2005, in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act. DOLLAR AMOUNTS ASSETS IN MILLIONS Cash and balances due from depository institutions: Noninterest-bearing balances and currency and coin ....................................... $ 35,280 Interest-bearing balances ............................... 22,803 Securities: Held to maturity securities ................................................. 77 Available for sale securities .............................. 34,994 Federal funds sold and securities purchased under agreements to resell Federal funds sold in domestic offices .................. 27,504 Securities purchased under agreements to resell ......... 193,355 Loans and lease financing receivables: Loans and leases held for sale .......................... 32,360 Loans and leases, net of unearned income $363,371 Less: Allowance for loan and lease losses 4,857 Loans and leases, net of unearned income and allowance ........................................... 358,514 Trading Assets ............................................. 221,837 Premises and fixed assets (including capitalized leases) ... 8,102 Other real estate owned .................................... 134 Investments in unconsolidated subsidiaries and associated companies .................................... 1,508 Customers' liability to this bank on acceptances outstanding ............................................. 471 Intangible assets Goodwill ................................................ 23,499 Other Intangible assets ................................. 10,478 Other assets ............................................... 43,069 TOTAL ASSETS ........................................................ $1,013,985 ========== LIABILITIES Deposits In domestic offices ........................................ $ 406,865 Noninterest-bearing ........................... $ 141,522 Interest-bearing .............................. 265,343 In foreign offices, Edge and Agreement subsidiaries and IBF's ..................................... 145,745 Noninterest-bearing ...................... $ 7,552 Interest-bearing .............................. 138,193 Federal funds purchased and securities sold under agree- ments to repurchase: Federal funds purchased in domestic offices ................ 10,091 Securities sold under agreements to repurchase ............. 95,300 Trading liabilities ........................................... 124,236 Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) .................. 84,483 Bank's liability on acceptances executed and outstanding ...... 471 Subordinated notes and debentures ............................. 18,655 Other liabilities ............................................. 39,850 TOTAL LIABILITIES ............................................. 925,696 Minority Interest in consolidated subsidiaries ................ 1,939 EQUITY CAPITAL Perpetual preferred stock and related surplus ................. 0 Common stock .................................................. 1,785 Surplus (exclude all surplus related to preferred stock) ..... 59,504 Retained earnings ............................................. 25,711 Accumulated other comprehensive income ........................ (650) Other equity capital components ............................... 0 TOTAL EQUITY CAPITAL .......................................... 86,350 ---------- TOTAL LIABILITIES, MINORITY INTEREST, AND EQUITY CAPITAL ...... $1,013,985 ========== I, Joseph L. Sclafani, E.V.P. & Controller 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. JOSEPH L. SCLAFANI 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 in- structions issued by the appropriate Federal regulatory authority and is true and correct. WILLIAM B. HARRISON, JR. ) JAMES DIMON ) DIRECTORS MICHAEL J. CAVANAGH )