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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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XXXXXXXXX XXXXX CORPORATION
(Exact name of obligor as specified in its charter)
ILLINOIS 360743280
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
0000 XXXX XXXXXXX XXXXXXXXX XXXXXXX, 00000
XXXXXXXX (Zip code)
(Address of principal executive offices)
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10 1/4% SENIOR SECURED NOTES DUE 2004
(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.
NAME ADDRESS
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Superintendent of Banks of the State of New York 0 Xxxxxx Xxxxxx, Xxx Xxxx, X.X. 00000, 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 it behalf by the
undersigned, thereunto duly authorized, all in The City of New York, and State
of New York, on the 13th day of August, 1997.
THE BANK OF NEW YORK
By: /s/ XXXXXX X. XXXXXX
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Name: Xxxxxx X. Xxxxxx
TITLE: VICE PRESIDENT
EXHIBIT 7
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 March 31, 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
IN THOUSANDS
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ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin....................... $ 8,249,820
Interest-bearing balances................................................ 1,031,026
Securities:
Held-to-maturity securities.............................................. 1,118,463
Available-for-sale securities............................................ 3,005,838
Federal funds sold and Securities purchased under agreements to resell..... 3,100,281
Loans and lease financing receivables:
Loans and leases, net of unearned income................................. 32,895,077
LESS: Allowance for loan and lease losses................................ 633,877
LESS: Allocated transfer risk reserve.................................... 429
Loans and leases, net of unearned income, allowance, and reserve......... 32,260,771
Assets held in trading accounts............................................ 1,715,214
Premises and fixed assets (including capitalized leases)................... 684,704
Other real estate owned.................................................... 21,738
Investments in unconsolidated subsidiaries and associated companies........ 195,761
Customers' liability to this bank on acceptances outstanding............... 1,152,899
Intangible assets.......................................................... 683,503
Other assets............................................................... 1,526,113
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Total assets............................................................... $54,746,131
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DOLLAR AMOUNTS
IN THOUSANDS
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LIABILITIES
Deposits:
In domestic offices...................................................... $25,614,496
Noninterest-bearing...................................................... 10,564,652
Interest-bearing......................................................... 15,050,309
In foreign offices, Edge and Agreement subsidiaries, and IBFs 15,103,615
Noninterest-bearing...................................................... 560,944
Interest-bearing......................................................... 14,542,671
Federal funds purchased and Securities sold under agreements to
repurchase............................................................... 2,093,286
Demand notes issued to the US Treasury..................................... 239,354
Trading liabilities........................................................ 1,399,064
Other borrowed money:
With remaining maturity of one year or less.............................. 2,075,092
With remaining maturity of more than one year............................ 20,679
Banks liability on acceptances executed and outstanding.................... 1,160,012
Subordinated notes and debentures.......................................... 1,014,400
Other liabilities.......................................................... 1,840,245
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Total liabilities.......................................................... 50,560,708
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EQUITY CAPITAL
Common stock............................................................... 942,284
Surplus.................................................................... 731,319
Undivided profits and capital reserves..................................... 2,544,303
Net unrealized holding gains (loses) on available-for-sale securities...... (19,449)
Cumulative foreign currency translation adjustments........................ (13,034)
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Total equity capital....................................................... 4,185,423
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Total liabilities and equity capital....................................... $54,746,131
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I Xxxxx 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.
Xxxx X. Xxxxxxxx
X. Xxxxxx Xxxxx
Xxxxxx A. Renyi
DIRECTORS
