EX-25.1 4 x65975exv25w1.htm EX-25.1 exv25w1
Exhibit 25.1
 
 
FORM T-1
UNITED STATES
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) |__|
 
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     
    95-3571558
(State of incorporation
if not a U.S. national bank)
  (I.R.S. employer
identification no.)
     
700 South Flower Street    
Suite 500    
Los Angeles, California   90017
(Address of principal executive offices)   (Zip code)
Evelyn T. Furukawa
700 South Flower Street, Suite 500
Los Angeles, California 90017
213.630.6463

(Name, address and telephone number of agent for service)
 
 
Valero Energy Corporation
(Exact name of obligor as specified in its charter)
     
Delaware   74-1828067
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
One Valero Way    
San Antonio, Texas   78249
(Address of principal executive offices)   (Zip Code)
 
Senior Debt Securities
(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
Comptroller of the Currency
United States Department of the Treasury
 
Washington, D.C. 20219
 
   
Federal Reserve Bank
  San Francisco, California 94105
 
   
Federal Deposit Insurance Corporation
  Washington, D.C. 20429
  (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.    
 
3-15.   Not applicable.
 
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).

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  1.   A copy of the articles of association of The Bank of New York Mellon Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).
 
  2.   A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
  3.   A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-152875).
 
  4.   A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-152875).
 
  6.   The consent of the trustee required by Section 321(b) of the Act.
 
  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.
SIGNATURE
          Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of Houston, and State of Texas, on the 4th day of March, 2009.
         
    THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
 
       
 
  By:   /s/ Julie Hoffman-Ramos
 
       
 
  Name:   Julie Hoffman-Ramos
 
  Title:   Assistant Treasurer

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EXHIBIT 6
CONSENT OF THE TRUSTEE
Pursuant to the requirements of Section 321 (b) of the Trust Indenture Act of 1939, and in connection with the proposed issue of Valero Energy Corporation, The Bank of New York Mellon Trust Company, N.A. 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 therefore.
         
    THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
 
       
 
  By:   /s/ Julie Hoffman-Ramos
 
       
    Julie Hoffman-Ramos
    Assistant Treasurer
Houston, Texas
March 4, 2009

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Exhibit 7
 
REPORT OF CONDITION
 
Consolidating domestic subsidiaries of
The Bank of New York Mellon Trust Company NA
in the state of CA at close of business on December 31, 2008
published in response to call made by (Enter additional information below)
 
 
 
 
 
 
Statement of Resources and Liabilities
 
         
    Dollar Amounts in Thousands
 
ASSETS
       
Cash and balances due from depository institutions:
       
         
Noninterest-bearing balances and currency and coin
      2,739
         
Interest-bearing balances
      0
         
Securities:
       
         
Held-to-maturity securities
      26
         
Available-for-sale securities
      430,112
         
Federal funds sold and securities purchased under agreements to resell:
       
         
Federal funds sold
      28,500
         
Securities purchased under agreements to resell
      50,000
         
Loans and lease financing receivables:
       
         
Loans and leases held for sale
      0
         
Loans and leases, net of unearned income
  0    
         
LESS: Allowance for loan and lease losses
  0    
         
Loans and leases, net of unearned income and allowance
      0
         
Trading Assets
      0
         
Premises and fixed assets (including capitalized leases)
      11,261
         
Other real estate owned
      0
         
Investments in unconsolidated subsidiaries and associated companies
      1
         
Intangible assets:
       
         
Goodwill
      876,153
         
Other intangible assets
      272,502
         
Other assets
      181,657
         
Total assets
      1,852,951
         


 

 
REPORT OF CONDITION  (Continued)
 
LIABILITIES
 
         
    Dollar Amounts in Thousands
 
Deposits:
       
         
In domestic offices
      1,765
         
Noninterest-bearing
  1,765    
         
Interest-bearing
  0    
         
Federal funds purchased and securities sold under agreements to repurchase:
       
         
Federal funds purchased
      0
         
Securities sold under agreements to repurchase
      0
         
Trading liabilities
      0
         
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)
      268,691
         
Subordinated notes and debentures
      0
         
Other liabilities
      166,958
         
Total liabilities
      437,414
         
Minority interest in consolidated subsidiaries
      0
         
         
EQUITY CAPITAL
       
         
Perpetual preferred stock and related surplus
      0
         
Common stock
      1,000
         
Surplus (exclude all surplus related to preferred stock)
      1,121,520
         
Retained earnings
      290,517
         
Accumulated other comprehensive income
      2,500
         
Other equity capital components
      0
         
Total equity capital
      1,415,537
         
Total liabilities, minority interest, and equity capital
      1,852,951
         
 
         
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.   I, Karen Bayz, Vice President
(Name, Title)
     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.
         
Director #1
  Michael K. Klugman, President  
/s/  Michael K. Klugman

         
         
Director #2
  Frank Sulzberger, Managing Director  
/s/  Frank Sulzberger

         
         
Director #3
  William D. Lindelof, Vice President  
/s/  William D. Lindelof