EX-25.A 6 h35636exv25wa.htm FORM T-1 STATEMENT OF ELIGIBILITY exv25wa
 

Exhibit 25.A
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)
HSBC Bank USA, National Association
(Exact name of trustee as specified in its charter)
     
N/A   20-1177241
(Jurisdiction of incorporation
or organization if not a U.S.
national bank)
  (I.R.S. Employer
Identification No.)
     
90 Christiana Road    
New Castle, Delaware   19702
(Address of principal executive offices)   (Zip Code)
John J. Mazzarella, FVP
HSBC Bank USA, National Association
452 Fifth Avenue
New York, New York 10018-2706
Tel: (212) 525-1801
(Name, address and telephone number of agent for service)
El PASO CORPORATION
(Exact name of obligor as specified in its charter)
     
Delaware   76-0568816
(State or other jurisdiction
of incorporation or organization)
  (I.R.S. Employer
Identification No.)
         
El Paso Building       Robert W. Baker, Esq
1001 Louisiana Street       Houston, Texas
1001 Louisiana Street 77002       Houston, Texas 77002
(713) 420-2600   (Zip Code)   (713) 420-2600
(Address of principal executive offices)        
Copies To:
     
G. Michael O’Leary   Kelly J. Jameson, Esq
Andrews Kurt LLP   El Paso Building
600 Travis, Suite 4200   1001 Louisiana Street
Houston, Texas 77002   Houston, Texas 77002
(713) 220-4200   (713) 420 2600
Senior Debt Securities
(Title of Indenture Securities)

 


 

General
Item 1. General Information.
Furnish the following information as to the trustee:
(a) Name and address of each examining or supervisory authority to which it is subject.
Comptroller of the Currency, New York, NY.
Federal Deposit Insurance Corporation, Washington, D.C.
Board of Governors of the Federal Reserve System, Washington, D.C.
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
Item 2. Affiliations with Obligor.
If the obligor is an affiliate of the trustee, describe each such affiliation.
None
Item 3-15. Not Applicable

 


 

Item 16. List of Exhibits
Exhibit
             
T1A(i)
    (1 )   Copy of the Articles of Association of HSBC Bank USA, National Association.
 
           
T1A(ii)
    (1 )   Certificate of the Comptroller of the Currency dated July 1, 2004 as to the authority of HSBC Bank USA, National Association to commence business.
 
           
T1A(iii)
    (2 )   Certificate of Fiduciary Powers dated August 18, 2004 for HSBC Bank USA, National Association
 
           
T1A(iv)
    (1 )   Copy of the existing By-Laws of HSBC Bank USA, National Association.
 
           
T1A(v)
          Not applicable.
 
           
T1A(vi)
    (2 )   Consent of HSBC Bank USA, National Association required by Section 321(b) of the Trust Indenture Act of 1939.
 
           
T1A(vii)
          Copy of the latest report of condition of the trustee (December 31, 2005), published pursuant to law or the requirement of its supervisory or examining authority.
 
           
T1A(viii)
          Not applicable.
 
           
T1A(ix)
          Not applicable.
  (1)   Exhibits previously filed with the Securities and Exchange Commission with Registration No. 333-118523 and incorporated herein by reference thereto.
 
  (2)   Exhibits previously filed with the Securities and Exchange Commission with Registration No. 333-125197 and incorporated herein by reference thereto.

 


 

SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, HSBC Bank USA, National Association a national 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 New York and State of New York on the 23rd day of May, 2006.
         
  HSBC BANK USA, NATIONAL ASSOCIATION
 
 
  By:   /s/ Herawattee Alli    
    Herawattee Alli   
    Assistant Vice President   
 

 


 

Exhibit T1A (vii)
         
    Board of Governors of the Federal Reserve System
    OMB Number: 7100-0036  
    Federal Deposit Insurance Corporation
    OMB Number: 3064-0052
    Office of the Comptroller of the Currency
    OMB Number: 1557-0081
Federal Financial Institutions Examination Council   Expires March 31, 2007
 
 
  Please refer to page i,    
 
  Table of Contents, for    
 
  the required disclosure    
 
  of estimated burden.    1 
 
Consolidated Reports of Condition and Income for A Bank With Domestic and Foreign Offices-FFIEC 031
             
Report at the close of business December 31, 2005
    (20040630 )    
 
   
 
     
 
  (RCRI 9999)    

This report is required by law; 12 U.S.C. §324 (State member banks); 12 U.S.C. § 1817 (State nonmember banks); and 12 U.S.C. §161 (National banks).
NOTE: The Reports of Condition and Income must be signed by an authorized officer and the Report of Condition must be attested to by not less than two directors (trustees) for State nonmember banks and three directors for State member and National Banks.
     
I,
  Joseph R. Simpson, Controller
 
   
 
  Name and Title of Officer Authorized to Sign Report
Of the named bank do hereby declare that these Reports of Condition and Income (including the supporting schedules) have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and believe.
     
/s/ Joseph R. Simpson
   
 
   
Signature of Officer Authorized to Sign Report
   
     
2/9/06
   
 
   
Date of Signature
   
This report form is to be filed by banks with branches and consolidated subsidiaries in U.S. territories and possessions, Edge or Agreement subsidiaries, foreign branches, consolidated foreign subsidiaries, or International Banking Facilities .
The Reports of Condition and Income are to be prepared in accordance with Federal regulatory authority instructions.
We, the undersigned directors (trustees), attest to the correctness of this Report of Condition (including the supporting schedules) 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/ Sal H. Alfieri
   
 
   
Director (Trustee)
   
     
/s/ Bernard J. Kennedy
   
 
   
Director (Trustee)
   
     
/s/ Martin Glynn
   
 
   
Director (Trustee)
   


Submission of Reports
Each Bank must prepare its Reports of Condition and Income either:
(a)   in electronic form and then file the computer data file directly with the banking agencies’ collection agent, Electronic Data System Corporation (EDS), by modem or computer diskette; or
 
b)   in hard-copy (paper) form and arrange for another party to convert the paper report to automated for. That party (if other than EDS) must transmit the bank’s computer data file to EDS.
For electronic filing assistance, contact EDS Call report Services, 2150 N. Prospect Ave., Milwaukee, WI 53202, telephone (800) 255-1571.
To fulfill the signature and attestation requirement for the Reports of Condition and Income for this report date, attach this signature page to the hard-copy f the completed report that the bank places in its files.


         
FDIC Certificate Number
  5  7  8  9  0    
 
  (RCRI 9030)    

     
http://WWW.BANKING.US.HSBC.COM
   
 
   
Primary Internet Web Address of Bank (Home Page), if any (TEXT 4087) (Example: www.examplebank.com)
   
         
HSBC Bank USA, NATIONAL ASSOCIATION
       
 
Legal Title of Bank (TEXT 9010)
       
 
       
Wilmington
       
 
City (TEXT 9130)
       
 
       
DE
    19801  
 
State Abbrev. (TEXT 9200)
  ZIP Code (TEXT 9220)


 


 

Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency
REPORT OF CONDITION

Consolidated domestic subsidiaries
     
HSBC Bank USA, National Association
  of Buffalo
 
Name of Bank
  City
in the state of New York, at the close of business December 31, 2005
      


ASSETS
                 
            Thousands of dollars  
 
               
Cash and balances due from depository institutions:
               
a. Non-interest-bearing balances currency and coin
          $ 4,439,559  
b. Interest-bearing balances
            2,916,646  
Held-to-maturity securities
            3,043,721  
Available-for-sale securities
            17,548,317  
Federal funds sold and securities purchased under agreements to resell:
               
a. Federal funds sold in domestic offices
            0  
b. Securities purchased under agreements to resell
            4,562,083  
Loans and lease financing receivables:
               
Loans and leases held for sale
            4,564,407  
Loans and leases net of unearned income
  $ 85,649,378          
LESS: Allowance for loan and lease losses
    844,809          
Loans and lease, net of unearned income, allowance, and reserve
          $ 84,804,569  
Trading assets
            19,806,966  
Premises and fixed assets
            535,695  
Other real estate owned
            32,038  
Investments in unconsolidated subsidiaries
            332,406  
Customers’ liability to this bank on acceptances outstanding
            73,783  
Intangible assets: Goodwill
            2,089,872  
Intangible assets: Other intangible assets
            463,398  
Other assets
            5,466,021  
Total assets
            150,679,481  
 
               
LIABILITIES
               
 
               
Deposits:
               
In domestic offices
            67,567,464  
Non-interest-bearing
    9,656,924          
Interest-bearing
    57,910,540          
In foreign offices
            27,480,161  
Non-interest-bearing
    320,411          
Interest-bearing
    27,159,750          
 
               
Federal funds purchased and securities sold under agreements to repurchase:
               
a. Federal funds purchased in domestic offices
            57,111  
b. Securities sold under agreements to repurchase
            1,273,237  
 
               
Trading Liabilities
            10,643,745  
Other borrowed money
            23,373,888  
Bank’s liability on acceptances
            73,873  
Subordinated notes and debentures
            4,275,045  
Other liabilities
            4,046,675  
Total liabilities
            138,791,109  
Minority Interests in consolidated Subsidiaries
            273  
 
               
EQUITY CAPITAL
               
 
               
Perpetual preferred stock and related surplus
            0  
Common Stock
            2,000  
Surplus
            9,708,668  
Retained earnings
            2,191,911  
Accumulated other comprehensive income
            -14,480  
Other equity capital components
            0  
Total equity capital
            11,888,099  
Total liabilities, minority interests and equity capital
            150,679,481