EX-25.1 4 y97634a1exv25w1.htm FORM T-1 FORM T-1
 



FORM T-1

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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)       o

THE BANK OF NEW YORK

(Exact name of trustee as specified in its charter)
     
New York
  13-5160382
(State of incorporation
  (I.R.S. employer
if not a U.S. national bank)
  identification no.)
 
   
One Wall Street, New York, N.Y.
  10286
(Address of principal executive offices)
  (Zip code)

APOGENT TECHNOLOGIES INC.

(Exact name of obligor as specified in its charter)
     
Wisconsin
  22-2849508
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
30 Penhallow Street
   
Portsmouth, New Hampshire
  03801
(Address of principal executive offices)
  (Zip code)


Floating Rate Convertible Senior Debentures Due 2033
(Title of the indenture securities)



 


 

  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
Superintendent of Banks of the State of New York
  2 Rector Street, New York, N.Y. 10006, and Albany, N.Y. 12203
 
   
Federal Reserve Bank of New York
  33 Liberty Plaza, New York, N.Y. 10045
 
   
Federal Deposit Insurance Corporation
  Washington, D.C. 20429
 
   
New York Clearing House Association
  New York, New York 10005

  (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 Organization Certificate of The Bank of New York (formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672 and Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637.)
 
  4.   A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 33-31019.)
 
  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. 33-44051.)
 
  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.

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SIGNATURE

     Pursuant to the requirements of the Act, the Trustee, The Bank of New York, a corporation organized and existing under the laws of the State of New York, 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 the 27th day of May, 2004.

             
    THE BANK OF NEW YORK
 
           
    By:   /s/ ROBERT A. MASSIMILLO
       
 
      Name:   ROBERT A. MASSIMILLO
      Title:   VICE PRESIDENT

 


 

EXHIBIT 7.1


Consolidated Report of Condition of
THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business March 31, 2004, published 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 Thousands
Cash and balances due from depository institutions:
       
Noninterest-bearing balances and currency and coin
  $ 2,589,012  
Interest-bearing balances
    8,872,373  
Securities:
       
Held-to-maturity securities
    1,382,393  
Available-for-sale securities
    21,582,893  
Federal funds sold and securities purchased under agreements to resell Federal funds sold in domestic offices
    792,900  
Securities purchased under agreements to resell
    932,155  
Loans and lease financing receivables:
       
Loans and leases held for sale
    555,415  
Loans and leases, net of unearned income
    36,884,850  
LESS: Allowance for loan and lease losses
    628,457  
Loans and leases, net of unearned income and allowance
    36,256,393  
Trading Assets
    3,654,160  
Premises and fixed assets (including capitalized leases)
    929,969  
Other real estate owned
    319  
Investments in unconsolidated subsidiaries and associated companies
    247,156  
Customers’ liability to this bank on acceptances outstanding
    215,581  
Intangible assets Goodwill
    2,687,623  
Other intangible assets
    752,283  
Other assets
    7,905,137  
 
   
 
 
Total assets
  $ 89,355,762  
 
   
 
 
LIABILITIES
       
Deposits:
       
In domestic offices
  $ 33,940,195  
Noninterest-bearing
    13,973,047  
Interest-bearing
    19,967,148  
In foreign offices, Edge and Agreement subsidiaries, and IBFs
    22,717,175  
Noninterest-bearing
    447,242  
Interest-bearing
    22,269,933  
Federal funds purchased and securities sold under agreements to repurchase Federal funds purchased in domestic offices
    442,904  
Securities sold under agreements to repurchase
    671,802  
Trading liabilities
    2,452,604  

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Other borrowed money:
       
(includes mortgage indebtedness and obligations under capitalized leases)
    10,779,148  
Bank’s liability on acceptances executed and outstanding
    217,705  
Subordinated notes and debentures
    2,390,000  
Other liabilities
    7,230,967  
 
   
 
 
Total liabilities
  $ 80,842,500  
 
   
 
 
Minority interest in consolidated subsidiaries
    141,523  
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
    0  
Common stock
    1,135,284  
Surplus
    2,080,657  
Retained earnings
    5,021,014  
Accumulated other comprehensive income
    134,784  
Other equity capital components
    0  

 
Total equity capital
    8,371,739  
 
   
 
 
Total liabilities minority interest and equity capital
  $ 89,355,762  
 
   
 
 

     I, Thomas J. Mastro, Senior Vice President and Comptroller of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.

     
 
  Thomas J. Mastro,
Senior Vice President and Comptroller

     We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.

     
Thomas A. Renyi
   
Gerald L. Hassell
  Directors
Alan R. Griffith