EX-25.1 22 d390520dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

 

UNITED STATES

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)

 

 

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

(Exact name of trustee as specified in its charter)

 

 

 

  95-3571558

(Jurisdiction of incorporation

if not a U.S. national bank)

  

(I.R.S. employer

identification no.)

400 South Hope Street Suite 500

Los Angeles, California

   90071
(Address of principal executive offices)   (Zip code)

 

 

TransDigm Inc.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware

(State or other jurisdiction of

incorporation or organization)

  

34-1750032

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

(Address of principal executive offices)

  

44114

(Zip code)

 

 

TransDigm Group Incorporated

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   41-2101738

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

ACME AEROSPACE, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   16-0324980

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

528 W. 21st Street, Suite 6

Tempe, Arizona

   85282
(Address of principal executive offices)   (Zip code)

 

 

ADAMS RITE AEROSPACE, INC.

(Exact name of obligor as specified in its charter)

 

 

 

California   95-4056812

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

4141 North Palm Street

Fullerton, California

   92835
(Address of principal executive offices)   (Zip code)

 

- 2 -

 

AEROCONTROLEX GROUP, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   26-0379798

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

4223 Monticello Blvd.

South Euclid, Ohio

   44121
(Address of principal executive offices)   (Zip code)

 

 

AEROSONIC LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   74-1668471

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1212 North Hercules Ave.

Clearwater, Florida

   33765
(Address of principal executive offices)   (Zip code)

 

 

AIRBORNE ACQUISITION, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   27-1422895

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

- 3 -

 

AIRBORNE GLOBAL, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   27-1422997

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

AIRBORNE HOLDINGS, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   27-1422954

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

AIRBORNE SYSTEMS NA INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   22-3396247

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

-4 -

 

AIRBORNE SYSTEMS NORTH AMERICA INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   02-0805976

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

AIRBORNE SYSTEMS NORTH AMERICA OF CA INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   13-3518559

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

3701 West Warner Ave.

Santa Ana, California

   92704
(Address of principal executive offices)   (Zip code)

 

 

AIRBORNE SYSTEMS NORTH AMERICA OF NJ INC.

(Exact name of obligor as specified in its charter)

 

 

 

New Jersey   22-3348756

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

5800 Magnolia Ave.

Pennsauken, New Jersey

   08109
(Address of principal executive offices)   (Zip code)

 

- 5 -

 

AMSAFE, INC.

Exact name of obligor as specified in its charter)

 

 

 

Delaware   36-3363619

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1043 N. 47th Avenue

Phoenix, Arizona

   85043
(Address of principal executive offices)   (Zip code)

 

 

AMSAFE GLOBAL HOLDINGS, INC.

Exact name of obligor as specified in its charter)

 

 

 

Delaware   26-1268176

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

ARKWIN INDUSTRIES, INC.

Exact name of obligor as specified in its charter)

 

 

 

New York   11-1696632

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

686 Main Street

Westbury, New York

   11590
(Address of principal executive offices)   (Zip code)

 

- 6 -

 

AVIATION TECHNOLOGIES, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   04-3750236

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

AVIONIC INSTRUMENTS LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   13-2666109

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1414 Randolph Avenue

Avenel, New Jersey

   07001-2402
(Address of principal executive offices)   (Zip code)

 

 

AVIONICS SPECIALTIES, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Virginia   54-1648275

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

- 7 -

 

AVTECHTYEE, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Washington   91-0761549

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

6500 Merrill Creek Parkway

Everett, Washington

   98203
(Address of principal executive offices)   (Zip code)

 

 

BETA TRANSFORMER TECHNOLOGY CORPORATION

(Exact name of obligor as specified in its charter)

 

 

 

New York   11-2437907

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

BETA TRANSFORMER TECHNOLOGY LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   46-2885674

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

- 8 -

 

BREEZE-EASTERN LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   95-4062211

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

BRIDPORT-AIR CARRIER, INC.

Exact name of obligor as specified in its charter)

 

 

 

Washington   91-1887382

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

BRIDPORT ERIE AVIATION, INC.

Exact name of obligor as specified in its charter)

 

 

 

Delaware   25-1861935

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1317 West 12th Street

Erie, Pennsylvania

   16501
(Address of principal executive offices)   (Zip code)

 

- 9 -

 

BRIDPORT HOLDINGS, INC.

Exact name of obligor as specified in its charter)

 

 

 

Delaware   74-3127247

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

BRUCE AEROSPACE INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   26-0658833

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

101 Evans Avenue

Dayton, Nevada

   89403
(Address of principal executive offices)   (Zip code)

 

 

CDA INTERCORP LLC

(Exact name of obligor as specified in its charter)

 

 

 

Florida   59-1285683

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

450 Goolsby Blvd.

Deerfield, Florida

   33442
(Address of principal executive offices)   (Zip code)

 

- 10 -

 

CEF INDUSTRIES, LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   36-2056886

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

320 South Church Street

Addison, Illinois

   60101
(Address of principal executive offices)   (Zip code)

 

 

CHAMPION AEROSPACE LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   58-2623644

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1230 Old Norris Road

Liberty, South Carolina

   29657
(Address of principal executive offices)   (Zip code)

 

 

DATA DEVICE CORPORATION

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   11-2226748

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

- 11 -

 

DUKES AEROSPACE, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   27-1368976

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

9060 Winnetka Avenue

Northridge, California

   91324
(Address of principal executive offices)   (Zip code)

 

 

ELECTROMECH TECHNOLOGIES LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   94-3033701

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

2600 S. Custer Ave.

Wichita, Kansas

   67217
(Address of principal executive offices)   (Zip code)

 

 

HARCO LLC

Exact name of obligor as specified in its charter)

 

 

 

Connecticut   06-0691144

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

186 Cedar Street

Branford, Connecticut

   06405
(Address of principal executive offices)   (Zip code)

 

- 12 -

 

HARTWELL CORPORATION

(Exact name of obligor as specified in its charter)

 

 

 

California   95-1936254

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

900 S. Richfield Road

Placentia, California

   92870
(Address of principal executive offices)   (Zip code)

 

 

ILC HOLDINGS, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   51-0105260

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

ILC INDUSTRIES, LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   26-3166386

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

- 13 -

 

INTERIORS IN FLIGHT LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware  

81-4689433

identification no.)

(State or other jurisdiction of

incorporation or organization)

  

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

JOHNSON LIVERPOOL LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware  

16-1400756

identification no.)

(State or other jurisdiction of

incorporation or organization)

  

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

MARATHONNORCO AEROSPACE, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   74-2707437

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

8301 Imperial Drive

Waco, Texas

   76712
(Address of principal executive offices)   (Zip code)

 

- 14 -

 

MCKECHNIE AEROSPACE DE, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   20-8964837

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

MCKECHNIE AEROSPACE HOLDINGS, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   26-0181650

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

MCKECHNIE AEROSPACE INVESTMENTS, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   58-2430801

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

- 15 -

 

MCKECHNIE AEROSPACE US LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   27-0127704

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

NORTH HILLS SIGNAL PROCESSING CORP.

Exact name of obligor as specified in its charter)

 

 

 

Delaware   11-2203988

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

NORTH HILLS SIGNAL PROCESSING OVERSEAS CORP.

Exact name of obligor as specified in its charter)

 

 

 

Delaware   52-1285085

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

- 16 -

 

PEXCO AEROSPACE, INC.

Exact name of obligor as specified in its charter)

 

 

 

Delaware   47-3865989

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

PNEUDRAULICS, INC.

(Exact name of obligor as specified in its charter)

 

 

 

California   95-1961299

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

SCHNELLER LLC

Exact name of obligor as specified in its charter)

 

 

 

Delaware   87-0802616

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

6019 Powdermill Rd.

Kent, Ohio

   44240
(Address of principal executive offices)   (Zip code)

 

- 17 -

 

SCROTH SAFETY PRODUCTS LLC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   81-4677891

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

SEMCO INSTRUMENTS, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   95-2500600

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

25700 Rye Canyon Road

Valencia, California

   91355
(Address of principal executive offices)   (Zip code)

 

 

SHIELD RESTRAINT SYSTEMS, INC.

Exact name of obligor as specified in its charter)

 

 

 

Delaware   86-0774924

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

22937 Gallatin Way

Elkhart, Indiana

   46514
(Address of principal executive offices)   (Zip code)

 

- 18 -

 

SKURKA AEROSPACE INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   20-2042650

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

4600 Calle Bolero,

P.O. Box 2869

Camarillo, California

   93011-2869
(Address of principal executive offices)   (Zip code)

 

 

TACTAIR FLUID CONTROLS, INC.

(Exact name of obligor as specified in its charter)

 

 

 

New York   16-1286603

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

TELAIR INTERNATIONAL LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   47-3558532

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

- 19 -

 

TELAIR US LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   47-3239760

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000
Cleveland, Ohio		   44114
(Address of principal executive offices)   (Zip code)

 

 

TEXAS ROTRONICS, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Texas   74-2925673

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

601 West Elizabeth Street

Brownsville, Texas

   78520
(Address of principal executive offices)   (Zip code)

 

 

TRANSICOIL LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   26-0084182

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

9 Iron Bridge Drive

Collegeville, Pennsylvania

   19426
(Address of principal executive offices)   (Zip code)

 

- 20 -

 

WHIPPANY ACTUATION SYSTEMS, LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   46-3033189

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

YOUNG & FRANKLIN INC.

(Exact name of obligor as specified in its charter)

 

 

 

New York   15-0498830

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. employer

identification no.)

1301 East 9th Street, Suite 3000

Cleveland, Ohio

   44114
(Address of principal executive offices)   (Zip code)

 

 

6.500% Senior Subordinated Notes due 2025

and Guarantees of 6.500% Senior Subordinated Notes due 2025

(Title of the indenture securities)

 

 

 

 

- 21 -

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.

 

Name

   

Address

Comptroller of the Currency

United States Department of the Treasury

    Washington, DC 20219
Federal Reserve Bank    San Francisco, CA 94105
Federal Deposit Insurance Corporation    Washington, DC 20429

 

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

Yes.

 

2. Affiliations with Obligor.

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

None.

 

16. List of Exhibits.

Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).

 

  1. A copy of the articles of association of The Bank of New York Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).

 

  2. A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).

 

  3. A copy of the authorization of the trustee to exercise corporate trust powers (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-152875).

 

- 22 -

  4. A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-162713).

 

  6. The consent of the trustee required by Section 321(b) of the Act (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-152875).

 

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

 

- 23 -

SIGNATURE

Pursuant to the requirements of the Act, the Trustee, The Bank of New York Mellon Trust Company, N.A., a 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 Chicago, and State of Illinois, on the 5th day of May, 2017.

 

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

 

By:  

/s/ Lawrence M. Kusch

  Name: Lawrence M. Kusch
  Title: Vice President

 

- 24 -

EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

of 400 South Hope Street, Suite 500, Los Angeles, CA 90071

At the close of business December 31, 2016, published in accordance with Federal regulatory authority instructions.

 

     Dollar amounts
in thousands		  

ASSETS

   

Cash and balances due from depository institutions:

   

Noninterest-bearing balances and currency and coin

      1,645  

Interest-bearing balances

      278,360  

Securities:

   

Held-to-maturity securities

      0  

Available-for-sale securities

      719,638  

Federal funds sold and securities purchased under agreements to resell:

   

Federal funds sold

      0  

Securities purchased under agreements to resell

      0  

Loans and lease financing receivables:

   

Loans and leases held for sale

      0  

Loans and leases, net of unearned income

      0  

LESS: Allowance for loan and lease losses

      0  

Loans and leases, net of unearned income and allowance

      0  

Trading assets

      0  

Premises and fixed assets (including capitalized leases)

      11,405  

Other real estate owned

      0  

Investments in unconsolidated subsidiaries and associated companies

      0  

Direct and indirect investments in real estate ventures

      0  

Intangible assets:

   

Goodwill

      856,313  

Other intangible assets

      50,819  

Other assets

      187,830  
  

 

 

  

Total assets

    $ 2,106,010  
  

 

 

  

 

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LIABILITIES

   

Deposits:

   

In domestic offices

      616  

Noninterest-bearing

      616  

Interest-bearing

      0  

Not applicable

   

Federal funds purchased and securities sold under agreements to repurchase:

   

Federal funds purchased

      0  

Securities sold under agreements to repurchase

      0  

Trading liabilities

      0  

Other borrowed money:

   

(includes mortgage indebtedness and obligations under capitalized leases)

      0  

Not applicable

   

Not applicable

   

Subordinated notes and debentures

      0  

Other liabilities

      292,769  

Total liabilities

      293,385  

Not applicable

   

EQUITY CAPITAL

   

Perpetual preferred stock and related surplus

      0  

Common stock

      1,000  

Surplus (exclude all surplus related to preferred stock)

      1,122,729  

Not available

   

Retained earnings

      690,002  

Accumulated other comprehensive income

      -1,106  

Other equity capital components

     0  

Not available

   

Total bank equity capital

      1,812,625  

Noncontrolling (minority) interests in consolidated subsidiaries

      0  

Total equity capital

      1,812,625  
  

 

 

  

Total liabilities and equity capital

      2,106,010  
  

 

 

  

I, Matthew J. McNulty, CFO of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.

Matthew J. McNulty     )     CFO

We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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.

 

Antonio I. Portuondo, President    )   
William D. Lindelof, Director    )    Directors (Trustees)
Alphonse J. Briand, Director    )   

 

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