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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) |__|
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THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 00-0000000
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
00 Xxxx Xxxxxx, Xxx Xxxx, X.X. 00000
(Address of principal executive offices) (Zip code)
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UNITED STATES SURGICAL CORPORATION
(Exact name of obligor as specified in its charter)
Delaware 00-0000000
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
000 Xxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxxxxx 00000
(Address of principal executive offices) (Zip code)
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Senior Debt Securities
(Title of the indenture securities)
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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.
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Name Address
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Superintendent of Banks of the State of 0 Xxxxxx Xxxxxx, Xxx Xxxx,
Xxx Xxxx N.Y. 10006, and Albany, N.Y. 00000
Xxxxxxx Xxxxxxx Xxxx xx Xxx Xxxx 00 Xxxxxxx Xxxxx, Xxx Xxxx,
X.X. 00000
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association Xxx Xxxx, Xxx Xxxx 00000
(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.
2
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 2nd day of March, 1998.
THE BANK OF NEW YORK
By: /s/ Xxxxx X.X. Xxxx
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Name: Xxxxx X.X. Xxxx
Title: Vice President
CONSOLIDATED REPORT OF CONDITION OF
THE BANK OF NEW YORK
of 00 Xxxx Xxxxxx, Xxx Xxxx, X.X. 00000
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business September
30, 1997, 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
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Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin............................. $ 5,004,638
Interest-bearing balances...................................................... 1,271,514
Securities:
Held-to-maturity securities.................................................... 1,105,782
Available-for-sale securities.................................................. 3,164,271
Federal funds sold and Securities purchased under agreements to resell........... 5,723,829
Loans and lease financing receivables:
Loans and leases, net of unearned income....................................... 34,916,196
LESS: Allowance for loan and lease losses...................................... 581,177
LESS: Allocated transfer risk reserve.......................................... 429
Loans and leases, net of unearned income, allowance, and reserve............. 34,334,590
Assets held in trading accounts.................................................. 2,035,284
Premises and fixed assets (including capitalized leases)......................... 671,664
Other real estate owned.......................................................... 13,306
Investments in unconsolidated subsidiaries and associated companies.............. 210,685
Customers' liability to this bank on acceptances outstanding..................... 1,463,446
Intangible assets................................................................ 753,190
Other assets..................................................................... 1,784,796
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Total assets..................................................................... $ 57,536,995
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LIABILITIES
Deposits:
In domestic offices............................................................ $ 27,270,824
Noninterest-bearing............................................................ 12,160,977
Interest-bearing............................................................... 15,109,847
In foreign offices, Edge and Agreement subsidiaries, and
IBFs......................................................... 14,687,806
Noninterest-bearing............................................ 657,479
Interest-bearing............................................... 14,030,327
Federal funds purchased and Securities sold under agreements to
repurchase..................................................... 1,946,099
Demand notes issued to the U.S. Treasury......................... 283,793
Trading liabilities.............................................. 1,553,539
Other borrowed money:
With remaining maturity of one year or less.................... 2,245,014
With remaining maturity of more than one year through three
years........................................................ 0
With remaining maturity of more than three years............... 45,664
Bank's liability on acceptances executed and outstanding......... 1,473,588
Subordinated notes and debentures................................ 1,018,940
Other liabilities................................................ 2,193,031
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Total liabilities................................................ 52,718,298
EQUITY CAPITAL
Common stock..................................................... 1,135,284
Surplus.......................................................... 731,319
Undivided profits and capital reserves........................... 2,943,008
Net unrealized holding gains (losses) on available-for-sale
securities..................................................... 25,428
Cumulative foreign currency translation adjustments.............. (16,342)
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Total equity capital............................................. 4,818,697
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Total liabilities and equity capital............................. $ 57,536,995
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I, Xxxxxx X. Xxxxxxx, Senior Vice President and Comptroller of the
above-named bank do hereby declare that this Report of Condition has been
prepared in conformance with the instructions issued by the Board of
Governors of the Federal Reserve System and is true to the best of my
knowledge and belief.
Xxxxxx X. Xxxxxxx
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 Board of Governors of the Federal Reserve System
and is true and correct.
X. Xxxxxx Xxxxx
Xxxxxx A. Renyi Directors
Xxxx X. Xxxxxxxx
Exhibit 7
