EX-25.2 10 v00582a2exv25w2.htm FORM T-1 FORM T-1
 

Exhibit 25.2



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

(Exact name of trustee as specified in its charter)
     
NEW YORK   13-4994650
(State of incorporation   (I.R.S. employer
if not a national bank)   identification No.)
     
270 PARK AVENUE    
NEW YORK, NEW YORK   10017
(Address of principal executive offices)   (Zip Code)

William H. McDavid
General Counsel
270 Park Avenue
New York, New York 10017
Tel: (212) 270-2611
(Name, address and telephone number of agent for service)


TOTAL S.A.

(Exact name of obligor as specified in its charter)
     
FRANCE   N/A
(State or other jurisdiction of   (I.R.S. employer
incorporation or organization)   identification No.)
     
2, PLACE DE LA COUPOLE    
LA DEFENSE 6    
92400 COURBEVOIE    
FRANCE    
(Address of principal executive offices)   (Zip Code)

DEBT SECURITIES

(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.
 
      New York State Banking Department, State House, Albany, New York 12110.
 
      Board of Governors of the Federal Reserve System, Washington, D.C., 20551
 
      Federal Reserve Bank of New York, District No. 2, 33 Liberty Street, New York, N.Y.
 
      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.

 


 

Item 16. List of Exhibits

     List below all exhibits filed as a part of this Statement of Eligibility.

     1.     A copy of the Restated Organization Certificate of the Trustee dated March 25, 1997 and the Certificate of Amendment dated October 22, 2001 (see Exhibit 1 to Form T-1 filed in connection with Registration Statement No. 333-76894, which is incorporated by reference.)

     2.     A copy of the Certificate of Authority of the Trustee to Commence Business (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 33-50010, which is incorporated by reference). On November 11, 2001 in connection with the merger of The Chase Manhattan Bank and Morgan Guaranty Trust Company of New York, the surviving corporation was renamed JPMorgan Chase Bank.

     3.     None, authorization to exercise corporate trust powers being contained in the documents identified above as 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. 333-76894, 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. 33-50010, which is incorporated by reference). On November 11, 2001, in connection with the merger of The Chase Manhattan Bank and Morgan Guaranty Trust Company of New York, the surviving corporation was renamed JPMorgan Chase Bank.

     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, 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 23rd day of July, 2003.

         
    JPMORGAN CHASE BANK
 
         
 
    By:   /s/ William G. Keenan

William G. Keenan
Vice President

- 2 -


 

Exhibit 7 to Form T-1

Bank Call Notice

RESERVE DISTRICT NO. 2
CONSOLIDATED REPORT OF CONDITION OF

JPMorgan Chase Bank
of 270 Park Avenue, New York, New York 10017
and Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System,

     at the close of business March 31, 2003, in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

ASSETS

                     
                Dollar Amounts
                in millions
               
Cash and balances due from depository institutions:
               
 
Noninterest-bearing balances and currency and coin
          $ 21,415  
 
Interest-bearing balances
            6,882  
Securities:
               
Held to maturity securities
            334  
Available for sale securities
            80,076  
Federal funds sold and securities purchased under agreements to resell
               
 
Federal funds sold in domestic offices
            14,044  
 
Securities purchased under agreements to resell
            73,060  
Loans and lease financing receivables:
               
 
Loans and leases held for sale
            25,832  
 
Loans and leases, net of unearned income
  $ 161,345          
 
Less: Allowance for loan and lease losses
    3,823          
 
Loans and leases, net of unearned income and allowance
            157,522  
Trading Assets
            189,427  
Premises and fixed assets (including capitalized leases)
            6,186  
Other real estate owned
            131  
Investments in unconsolidated subsidiaries and associated companies
            691  
Customers’ liability to this bank on acceptances outstanding
            225  
Intangible assets
               
   
Goodwill
            2,180  
   
Other Intangible assets
            3,314  
Other assets
            40,377  
 
           
 
TOTAL ASSETS
          $ 621,696  
 
           
 

 


 

LIABILITIES

                   
Deposits
               
 
In domestic offices
          $ 174,351  
 
Noninterest-bearing
  $ 70,991          
 
Interest-bearing
    103,360          
 
In foreign offices, Edge and Agreement subsidiaries and IBF’s
            125,789  
 
Noninterest-bearing
  $ 7,531          
 
Interest-bearing
    118,258          
Federal funds purchased and securities sold under agreements to repurchase:
               
 
Federal funds purchased in domestic offices
            5,929  
 
Securities sold under agreements to repurchase
            113,903  
Trading liabilities
            116,329  
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)
            10,758  
Bank’s liability on acceptances executed and outstanding
            225  
Subordinated notes and debentures
            8,306  
Other liabilities
            29,735  
TOTAL LIABILITIES
            585,325  
Minority Interest in consolidated subsidiaries
            97  
 
               
EQUITY CAPITAL
 
               
Perpetual preferred stock and related surplus
            0  
Common stock
            1,785  
Surplus (exclude all surplus related to preferred stock)
            16,304  
Retained earnings
            17,228  
Accumulated other comprehensive income
            957  
Other equity capital components
            0  
TOTAL EQUITY CAPITAL
            36,274  
 
           
 
TOTAL LIABILITIES, MINORITY INTEREST, AND EQUITY CAPITAL
          $ 621,696  
 
           
 

     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.

  /s/ 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 instructions issued by the appropriate Federal regulatory authority and is true and correct.

             
/s/ WILLIAM B. HARRISON, JR       )    
/s/ HELENE L. KAPLAN       )   DIRECTORS
/s/ WILLIAM H. GRAY, III       )