EX-25 15 t1601022_ex25.htm EXHIBIT 25

 

Exhibit 25

 

 

 

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)

_______________________________________________________

 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

31-0841368

I.R.S. Employer Identification No.

 

800 Nicollet Mall
Minneapolis, Minnesota		   55402
(Address of principal executive offices)   (Zip Code)

 

Beverly A. Freeney

U.S. Bank National Association

100 Wall Street, Suite 1600

New York, NY 10005

(212) 361-2893

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

 

BERRY PLASTICS CORPORATION

a wholly owned subsidiary of

Berry Plastics Group, Inc.

(Issuer with respect to the Securities)

 

Delaware   35-1814673
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

 

SEE TABLE OF ADDITIONAL REGISTRANT GUARANTORS

 

101 Oakley Street

Evansville, Indiana

 

 

47710

(Address of Principal Executive Offices)   (Zip Code)

 

6.00% Second Priority Senior Secured Notes due 2022

(Title of the Indenture Securities)

 

 

 

 

 

 

Table of Additional Registrant Guarantors

 

Exact name of registrant as
specified in its charter (1)		   State or other
jurisdiction of
formation		   I.R.S. Employer
Identification No.
AeroCon, LLC   Delaware   35-1948748
Berry Plastics Acquisition Corporation V   Delaware   36-4509933
Berry Plastics Acquisition Corporation XI   Delaware   35-2184300
Berry Plastics Acquisition Corporation XII   Delaware   35-2184299
Berry Plastics Acquisition Corporation XIII   Delaware   35-2184298
Berry Plastics Acquisition Corporation XV, LLC   Delaware   35-2184293
Berry Plastics Acquisition LLC X   Delaware   35-2184301
Berry Plastics Design, LLC   Delaware   62-1689708
Berry Plastics Group, Inc.   Delaware   20-5234618
Berry Plastics Filmco, Inc.   Delaware   34-1848686
Berry Plastics IK, LLC   Delaware   42-1382173
Berry Plastics Opco, Inc.   Delaware   30-0120989
Berry Plastics SP, Inc.   Delaware   52-1444795
Berry Plastics Technical Services, Inc.   Delaware   57-1029638
Berry Sterling Corporation   Delaware   54-1749681
BPRex Brazil Holding Inc.   Delaware   34-1864772
BPRex Closure Systems, LLC   Delaware   27-4588544
BPRex Closures Kentucky Inc.   Delaware   56-2209554
BPRex Closures, LLC   Delaware   27-4579074
BPRex Delta Inc.   Delaware   71-0725503
BPRex Healthcare Brookville Inc.   Delaware   22-2784127
BPRex Healthcare Packaging Inc.   Delaware   20-1555450
BPRex Plastic Packaging Inc.   Delaware   34-1559354
BPRex Plastics Services Company Inc.   Delaware   62-1256003
BPRex Product Design and Engineering Inc.   Minnesota   41-0751022
BPRex Specialty Products Puerto Rico Inc.   New Jersey   66-0414062
Caplas LLC   Delaware   20-3888603
Caplas Neptune, LLC   Delaware   20-5557864
Captive Plastics Holdings, LLC   Delaware   20-1290475
Captive Plastics, LLC   Delaware   22-1890735
Cardinal Packaging, Inc.   Delaware   34-1396561
Covalence Specialty Adhesives LLC   Delaware   20-4104683
Covalence Specialty Coatings LLC   Delaware   20-4104683
CPI Holding Corporation   Delaware   34-1820303
Grafco Industries Limited Partnership   Maryland   52-1729327
Kerr Group, LLC   Delaware   95-0898810
Knight Plastics, LLC   Delaware   35-2056610
Packerware, LLC   Delaware   48-0759852
Pescor, Inc.   Delaware   74-3002028
Pliant Corporation International   Utah   87-0473075
Pliant, LLC   Delaware   43-2107725
Poly-Seal, LLC   Delaware   52-0892112
Prime Label & Screen Incorporated   Wisconsin   39-1741360
Rollpak Corporation   Delaware   35-1582626
Saffron Acquisition, LLC   Delaware   94-3293114
Seal for Life Industries, LLC   Delaware   46-1748055
Setco, LLC   Delaware   56-2374074
Sun Coast Industries, LLC   Delaware   59-1952968
Uniplast Holdings, LLC   Delaware   13-3999589
Uniplast U.S., Inc.   Delaware   04-3199066
Venture Packaging Midwest, Inc.   Delaware   34-1809003
Venture Packaging, Inc.   Delaware   51-0368479
AVINTIV Inc.   Delaware   27-4132779
AVINTIV Acquisition Corporation   Delaware   27-4133195
AVINTIV Specialty Materials, Inc.   Delaware   57-1003983
PGI Polymer, Inc.   Delaware   57-0962088
Chicopee, Inc.   Delaware   57-1013629
Fabrene, L.L.C.   Delaware   51-0319685
Dominion Textile (USA), L.L.C.   Delaware   13-2865428
PGI Europe, Inc.   Delaware   56-2154891
Fiberweb Geos, Inc.   Virginia   27-4528301
Fiberweb Holdings, Inc.   Delaware   20-5842445
Fiberweb, Inc.   South Carolina   20-5842445
Fiberweb Industrial Textiles Corporation   Delaware   20-5292500
Fiberweb USA Holdings, Inc.   Delaware   20-5842445
Fiberweb Washougal, Inc.   Delaware   62-1421310
Old Hickory Steamworks, LLC   Delaware   27-1393212
Pristine Brands Corporation   Delaware   62-1864653
Providencia USA, Inc.   North Carolina   26-3133752

 

All additional registrants have the following principal executive office:

 

c/o Berry Plastics Corporation
101 Oakley Street,
Evansville, Indiana 47710

 

 

 

 

FORM T-1

 

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.

 

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

Yes

 

Item 2.AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.

None

 

Items 3-15Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

 

Item 16.LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

 

1.A copy of the Articles of Association of the Trustee.*

 

2.A copy of the certificate of authority of the Trustee to commence business.***

 

3.A copy of the certificate of authority of the Trustee to exercise corporate trust powers.***

 

4.A copy of the existing bylaws of the Trustee.**

 

5.A copy of each Indenture referred to in Item 4. Not applicable.

 

6.The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

 

7.Report of Condition of the Trustee as of December 31, 2015 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

*Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

 

**Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

 

***Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-210534 filed on April 1, 2016.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. 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 and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York, State of New York on the 14th of April, 2016.

 

  By: /s/ Beverly A. Freeney  
    Beverly A. Freeney
    Vice President

 

 

 

 

Exhibit 6

 

CONSENT

 

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

 

Dated: April 14, 2016

 

  By: /s/ Beverly A. Freeney  
    Beverly A. Freeney
    Vice President

 

 

 

 

Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 12/31/2015

 

($000’s)

 

   12/31/2015 
Assets     
Cash and Balances Due From  $11,116,460 
Depository Institutions     
Securities   105,221,515 
Federal Funds   66,242 
Loans & Lease Financing Receivables   259,137,459 
Fixed Assets   4,356,531 
Intangible Assets   13,140,000 
Other Assets   24,420,027 
Total Assets  $417,458,234 
      
Liabilities     
Deposits  $310,443,288 
Fed Funds   1,617,316 
Treasury Demand Notes   0 
Trading Liabilities   989,983 
Other Borrowed Money   46,198,790 
Acceptances   0 
Subordinated Notes and Debentures   3,150,000 
Other Liabilities   12,012,892 
Total Liabilities  $374,412,269 
      
Equity     
Common and Preferred Stock   18,200 
Surplus   14,266,400 
Undivided Profits   27,904,230 
Minority Interest in Subsidiaries   857,135 
Total Equity Capital  $43,045,965 
      
Total Liabilities and Equity Capital  $417,458,234