EX-25.3 12 dex253.htm FORM T-1 STATEMENT OF ELIGIBILITY Form T-1 Statement of Eligibility

Exhibit 25.3

 

 

 

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)    

 

 

U.S. BANK TRUST NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

41-1973763

I.R.S. Employer Identification No.

 

300 Delaware Avenue, 9th Floor  
Wilmington, Delaware   19801
(Address of principal executive offices)   (Zip Code)

Annette Morgan

U.S. Bank Trust National Association

300 Delaware Avenue, 9th floor

Telephone (302) 576-3706

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

EXELON CAPITAL TRUST I

EXELON CAPITAL TRUST II

EXELON CAPITAL TRUST III

(Exact name of obligor as specified in its charter)

 

Delaware  

16-6545508

16-6545509

16-6545510

(State or other jurisdiction of

incorporation or organization)

  

(I. R. S. Employer

Identification No.)

C/O U.S. Bank Trust National Association

300 Delaware Avenue, 9th floor

Wilmington, DE

   19801
(Address of principal executive offices)   (Zip Code)

 

 

TRUST PREFERRED SECURITIES

 

 

 

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

USE ONE OF FOLLOWING RESPONSES ONLY

 

Items 3-15 Not applicable because, to the best of Trustee’s knowledge, the Trustee is not a trustee under any other indenture under which any other securities or certificates of interest or participation in any other securities of the obligor are outstanding and there is not, nor has there been, a default with respect to securities issued under this indenture.

 

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 now in effect, incorporated herein by reference to Exhibit 1 of Form T-1, Document 6 of Registration No. 333-84320.

 

  2. A copy of the certificate of authority of the Trustee to commence business, incorporated herein by reference to Exhibit 2 of Form T-1, Document 6 of Registration No. 333-84320.

 

  3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers, incorporated herein by reference to Exhibit 3 of Form T-1, Document 6 of Registration No. 333-84320.

 

  4. A copy of the existing bylaws of the Trustee, as now in effect, incorporated herein by reference to Exhibit 4 of Form T-1, Document 6 of Registration No. 333-113995.

 

  5. Not applicable.

 

  6. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, incorporated herein by reference to Exhibit 6 of Form T-1, Document 6 of Registration No. 333-84320.

 

  7. Report of Condition of the Trustee as of September 30, 2009, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

  8. Not applicable.

 

  9. Not applicable.

 

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SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK TRUST 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 Wilmington, State of Delaware on the 8th day of February, 2010.

 

U.S. BANK TRUST NATIONAL ASSOCIATION
By:  

/s/ Annette Morgan

Name:   Annette Morgan
Title:   Assistant Vice President

 

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Exhibit 7

U.S. Bank Trust National Association

Statement of Financial Condition

As of September 30, 2009

($000’s)

 

     9/30/2009
Assets   

Cash and Balances Due From Depository Institutions

    $ 512,832

Fixed Assets

      744

Intangible Assets

      63,768

Other Assets

      27,818
      

Total Assets

    $ 605,162
Liabilities   

Other Liabilities

    $ 16,974
      

Total Liabilities

    $ 16,974
Equity   

Common and Preferred Stock

    $ 1,000

Surplus

      505,932

Undivided Profits

      81,256
      

Total Equity Capital

    $ 588,188

Total Liabilities and Equity Capital

    $ 605,162

To the best of the undersigned’s determination, as of this date the above financial information is true and correct.

 

U.S. Bank Trust National Association
By:  

/s/ Annette Morgan

Name   Annette Morgan
Title   Assistant Vice President

Date: February 8, 2010

 

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