Registration No.
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EXHIBIT 25
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM T-1
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STATEMENT OF ELIGIBILITY UNDER THE
TRUST INDENTURE ACT OF 1939 OF A CORPORATION
DESIGNATED TO ACT AS TRUSTEE
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CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE
PURSUANT TO SECTION 305(b)(2) |__|
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SUNTRUST BANK
(Exact name of trustee as specified in its charter)
GEORGIA 00-0000000
(State of incorporation or organization (I.R.S. employer identification no.)
if not a U.S. national bank)
000 XXXXXXXXX XXXXXX 00000
XXXXX 000 (Zip Code)
ATLANTA, GEORGIA
(Address of principal executive offices)
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XXXXXX XXXXX
VICE PRESIDENT
SUNTRUST BANK
CORPORATE TRUST DEPARTMENT
00 XXXX XXXXX, 00XX XXXXX
XXXXXXX, XXXXXXX 00000
(000) 000-0000
(Name, address and telephone number of agent for service)
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XXXXXXX INTERNATIONAL, INC.
A DELAWARE CORPORATION 00-0000000
(State or other jurisdiction of (IRS employer identification no.)
incorporation or organization)
6820 LBJ FREEWAY 00000
XXXXXX, XXXXX (Zip Code)
(Address of principal executive
offices)
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ZERO COUPON CONVERTIBLE SENIOR DEBENTURES
(Title of the indenture securities)
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1. GENERAL INFORMATION.
Furnish the following information as to the trustee -
Name and address of each examining or supervising authority to
which it is subject.
DEPARTMENT OF BANKING AND FINANCE,
STATE OF GEORGIA
ATLANTA, GEORGIA
FEDERAL RESERVE BANK OF ATLANTA
000 XXXXXXXX XXXXXX, X.X.
ATLANTA, GEORGIA
FEDERAL DEPOSIT INSURANCE CORPORATION
WASHINGTON, D.C.
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.
3-12 NO RESPONSES ARE INCLUDED FOR ITEMS 3 THROUGH 12. RESPONSES TO THOSE
ITEMS ARE NOT REQUIRED BECAUSE, AS PROVIDED IN GENERAL INSTRUCTION B
AND AS SET FORTH IN ITEM 13(B), THE OBLIGOR IS NOT IN DEFAULT ON ANY
SECURITIES ISSUED UNDER INDENTURES UNDER WHICH SUNTRUST BANK IS A
TRUSTEE.
13. DEFAULTS BY THE OBLIGOR.
(a) State whether there is or has been a default with respect to
the securities under this indenture. Explain the nature of any
such default.
THERE IS NOT AND HAS NOT BEEN ANY DEFAULT UNDER THIS INDENTURE.
(b) If the trustee is a trustee under another indenture under
which any other securities, or certificates of interest or
participation in any other securities, of the obligor are
outstanding, or is trustee for more than one outstanding
series of securities under the indenture, state whether there
has been a default under any such indenture or series,
identify the indenture or series affected, and explain the
nature of any such default.
THERE HAS NOT BEEN ANY SUCH DEFAULT.
14-15 NO RESPONSES ARE INCLUDED FOR ITEMS 14 AND 15. RESPONSES TO THOSE ITEMS
ARE NOT REQUIRED BECAUSE, AS PROVIDED IN GENERAL INSTRUCTION B AND AS
SET FORTH IN ITEM 13(B), THE OBLIGOR IS NOT IN DEFAULT ON ANY
SECURITIES ISSUED UNDER INDENTURES UNDER WHICH SUNTRUST BANK IS A
TRUSTEE.
16. LIST OF EXHIBITS.
List below all exhibits filed as a part of this statement of
eligibility; exhibits identified in parentheses are filed with the
Commission and are incorporated herein by reference as exhibits hereto
pursuant to Rule 7a-29 under the Trust Indenture Act of 1939, as
amended, and Rule 24 of the Commission's Rules of Practice.
(1) A copy of the Articles of Amendment and Restated Articles of
Incorporation of the trustee as now in effect. (Exhibit 1 to
Form T-1, filed with Registration No. 333-32106)
(2) A copy of the certificate of authority of the trustee to
commence business. (Included in Exhibit 1)
(3) A copy of the authorization of the trustee to exercise
corporate trust powers. (Included in Exhibit 1)
(4) A copy of the existing by-laws of the trustee. (Exhibit 4 to
Form T-1, filed with Registration No. 333-32106)
(5) Not applicable.
(6) The consent of the trustee required by Section 321(b) of the
Trust Indenture Act of 1939.
(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 as of the close of business
on June 30, 2001.
(8) Not applicable.
(9) Not applicable.
-2-
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939 the
trustee, SunTrust Bank, a banking corporation organized and existing under the
laws of the State of Georgia, 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 Atlanta and the State of Georgia, on the 11th day
of December, 2001.
SUNTRUST BANK
By: /s/ XXXXXX XXXXX
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Xxxxxx Xxxxx
Vice President
EXHIBIT 1 TO FORM T-1
ARTICLES OF INCORPORATION
OF
SUNTRUST BANK
(Exhibit 1 to Form T-1, filed with Registration No.333-32106)
EXHIBIT 2 TO FORM T-1
CERTIFICATE OF AUTHORITY
OF
SUNTRUST BANK TO COMMENCE BUSINESS
(Included in Exhibit 1)
EXHIBIT 3 TO FORM T-1
AUTHORIZATION
OF
SUNTRUST BANK TO EXERCISE
CORPORATE TRUST POWERS
(Included in Exhibit 1)
EXHIBIT 4 TO FORM T-1
BY-LAWS
OF
SUNTRUST BANK
(Exhibit 4 to Form T-1, filed with Registration No.333-32106)
EXHIBIT 5 TO FORM T-1
(INTENTIONALLY OMITTED. NOT APPLICABLE.)
EXHIBIT 6 TO FORM T-1
CONSENT OF TRUSTEE
Pursuant to the requirements of Section 321(b) of the Trust Indenture
Act of 1939, in connection with the proposed issuance of the Xxxxxxx
International, Inc. Zero Coupon Convertible Senior Debentures, SunTrust Bank
hereby consents that reports of examinations by Federal, State, Territorial or
District Authorities may be furnished by such authorities to the Securities and
Exchange Commission upon request therefor.
SUNTRUST BANK
By: /s/ XXXXXX XXXXX
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Xxxxxx Xxxxx
Vice President
EXHIBIT 7 TO FORM T-1
REPORT OF CONDITION
(ATTACHED)
SUNTRUST BANK FFIEC 031
ATLANTA, GA 30302 RC-1
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11
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FDIC Certificate Number - 00867
CONSOLIDATED REPORT OF CONDITION FOR INSURED COMMERCIAL
AND STATE-CHARTERED SAVINGS BANKS FOR JUNE 30, 2001
All schedules are to be reported in thousands of dollars. Unless otherwise
indicated, report the amount outstanding as of the last business day of the
quarter.
SCHEDULE RC - BALANCE SHEET
DOLLAR AMOUNTS IN THOUSANDS
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ASSETS
1. Cash and balances due from depository institutions (from Schedule RC-A): RCFD
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a. Noninterest-bearing balances and currency and coin (1).................................. 0081 4,029,295 1.a
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b. Interest-bearing balances (2)........................................................... 0071 108,872 1.b
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2. Securities:
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a. Held-to-maturity securities (from Schedule RC-B, column A).............................. 1754 0 2.a
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b. Available-for-sale securities (from Schedule RC-B, column D)............................ 1773 15,927,784 2.b
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3. Federal funds sold and securities purchased under agreements to resell..................... 1350 2,428,869 3
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4. Loans and lease financing receivables:(from Schedule RC-C)
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A. LOANS AND LEASES HELD FOR SALE 5369 3,126,942 4.a
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B. LOANS AND LEASES, NET OF UNEARNED INCOME B528 68,709,512 4.b
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c. LESS: Allowance for loan and lease losses..................... 3123 848,294 4.c
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D. LOANS AND LEASES, NET OF UNEARNED INCOME, ALLOWANCE, AND RESERVE (ITEM 4.B MINUS 4.C)... B529 67,861,218 4.d
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5. Trading assets (from Schedule RC-D)........................................................ 3545 484,294 5
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6. Premises and fixed assets (including capitalized leases)................................... 2145 1,298,098 6
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7. Other real estate owned (from Schedule RC-M)............................................... 2150 31,250 7
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8. Investments in unconsolidated subsidiaries and associated companies(from Schedule RC-M).... 2130 0 8
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9. Customers' liability to this bank on acceptances outstanding............................... 2155 89,475 9
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10. Intangible assets..........................................................................
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X. XXXXXXXX................................................................................ 3163 241,499 10.a
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B. OTHER INTANGIBLE ASSETS (FROM SCHEDULE RC-M)............................................ 0426 379,965 10.b
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11. Other assets (from Schedule RC-F).......................................................... 2160 2,086,020 11
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12. Total assets (sum of items 1 through 11)................................................... 2170 98,093,581 12
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(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
SUNTRUST BANK FFIEC 031
ATLANTA, GA 30302 RC-2
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12
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FDIC Certificate Number - 00867
SCHEDULE RC - CONTINUED
DOLLAR AMOUNTS IN THOUSANDS
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LIABILITIES
13. Deposits: RCON
a. In domestic offices (sum of totals of columns A and C from Schedule -------- ----------------
RC-E, part 1)................................................ 2200 60,291,519 13.a
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(1) Noninterest-bearing (1)................................. 6631 8,743,385 13.a.1
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(2) Interest-bearing........................................ 6636 51,548,134 13.a.2
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RCFN
b. In foreign offices, Edge and Agreement subsidiaries, and IBFs -------- ----------------
(from Schedule RC-E, part II)............................... 2200 3,658,760 13.b
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(1) Noninterest-bearing..................................... 6631 0 13.b.1
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(2) Interest-bearing........................................ 6636 3,658,760 RCFD 13.b.2
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14. Federal funds purchased and securities sold under agreements to repurchase................. 2800 12,161,227 14
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15. Trading liabilities (from Schedule RC-D)................................................... 3548 0 15
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16. OTHER BORROWED MONEY (INCLUDES MORTGAGE INDEBTEDNESS AND OBLIGATIONS -------- ----------------
UNDER CAPITALIZED LEASES) (FROM SCHEDULE RC-M): 3190 9,411,416 16
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17. Not applicable
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18. Bank's liability on acceptances executed and outstanding................................... 2920 89,475 18
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19. Subordinated notes and debentures(2)....................................................... 3200 1,493,103 19
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20. Other liabilities (from Schedule RC-G)..................................................... 2930 2,403,914 20
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21. Total liabilities (sum of items 13 through 20)............................................. 2948 89,509,414 21
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22. MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES............................................. 3000 166,493 22
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EQUITY CAPITAL
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23. Perpetual preferred stock and related surplus.............................................. 3838 0 23
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24. Common stock............................................................................... 3230 21,600 24
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25. Surplus (exclude all surplus related to preferred stock)................................... 3839 2,516,538 25
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26. a. Retained earnings....................................................................... 3632 4,919,946 26.a
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B. ACCUMULATED OTHER COMPREHENSIVE INCOME (3).............................................. B530 959,590 26.b
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27. OTHER EQUITY CAPITAL COMPONENTS(4)......................................................... A130 0 27
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28. Total equity capital (sum of items 23 through 27).......................................... 3210 8,417,674 28
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29. Total liabilities, minority interest, and equity capital (sum of items 21, 22 and 28)...... 3300 98,093,581 29
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MEMORANDUM
TO BE REPORTED ONLY WITH THE MARCH REPORT OF CONDITION.
1. Indicate in the box at the right the number of the statement below that best describes RCFD Number
the most comprehensive level of auditing work performed for the bank by independent -------- ----------------
external auditors as of any date during 2000............................................... 6724 N/A M.1
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1= Independent audit of the bank conducted in accordance with 5= Directors' examination of the bank performed by other
generally accepted auditing standards by a certified public external auditors (may be required by state chartering
accounting firm which submits a report on the bank authority)
2= Independent audit of the bank's parent holding company 6= Review of the bank's financial statements by external
conducted in accordance with generally accepted auditing auditors
standards by a certified public accounting firm which submits
a report on the consolidated holding company (but not on the
bank separately)
3= ATTESTATION ON BANK MANAGEMENT'S ASSERTION ON THE 7= Compilation of the bank's financial statements by
EFFECTIVENESS OF THE BANK'S INTERNAL CONTROL OVER FINANCIAL external auditors
REPORTING BY A CERTIFIED PUBLIC ACCOUNTING FIRM
4= Director's examination of the bank conducted in accordance 8= Other audit procedures (excluding tax preparation
with generally accepted auditing standards by a certified work)
public accounting firm (may be required by state chartering
authority)
9= No external audit work
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(1) Includes total demand deposits and noninterest-bearing time and savings deposits.
(2) Includes limited-life preferred stock and related surplus.
(3) Includes net unrealized holding gains (losses) on available-for-sale securities, accumulated net
gains(losses) on cash flow xxxxxx, cumulative currency translation adjustments, and minimum pension liability adjustments.
(4) Includes treasury stock and unearned Employee Stock Ownership Plan shares.
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(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
EXHIBIT 8 TO FORM T-1
(INTENTIONALLY OMITTED. NOT APPLICABLE.)
EXHIBIT 9 TO FORM T-1
(INTENTIONALLY OMITTED. NOT APPLICABLE.)
