EX-25.(A) 7 dex25a.htm FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST Form T-1 Statement of Eligibility under the Trust

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)         ¨

 

 


 

 

THE BANK OF NEW YORK

(Exact name of trustee as specified in its charter)

 

 

New York

(State of incorporation

if not a U.S. national bank)

  

13-5160382

(I.R.S. employer

identification no.)

One Wall Street, New York, N.Y.

(Address of principal executive offices)

  

10286

(Zip code)

 

 


 

 

UNITED RENTALS (NORTH AMERICA), INC.

(Exact name of obligor as specified in its charter)

 

 

Delaware

(State or other jurisdiction of

incorporation or organization)

 

06-1493538

(I.R.S. employer

identification no.)

 

 

United Rentals Gulf, Inc.

(Exact name of obligor as specified in its charter)

 

 

Delaware

(State or other jurisdiction of

incorporation or organization)

 

52-2192449

(I.R.S. employer

identification no.)


 

United Equipment Rentals Gulf, L.P.

(Exact name of obligor as specified in its charter)

 

 

Texas

(State or other jurisdiction of

incorporation or organization)

 

74-2930601

(I.R.S. employer

identification no.)

 

 

United Rentals Highway Technologies, Inc.

(Exact name of obligor as specified in its charter)

 

 

Massachusetts

(State or other jurisdiction of

incorporation or organization)

 

04-3076608

(I.R.S. employer

identification no.)

 

 

United Rentals Highway Technologies Gulf, Inc.

(Exact name of obligor as specified in its charter)

 

 

Delaware

(State or other jurisdiction of

incorporation or organization)

 

06-1604996

(I.R.S. employer

identification no.)

 

 

United Rentals Highway Technologies, L.P.

(Exact name of obligor as specified in its charter)

 

 

Texas

(State or other jurisdiction of

incorporation or organization)

 

06-1604997

(I.R.S. employer

identification no.)

 

 

United Rentals, Inc.

(Exact name of obligor as specified in its charter)

 

 

Delaware

(State or other jurisdiction of

incorporation or organization)

 

06-1522496

(I.R.S. employer

identification no.)

 

 

 

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United Rentals Northwest, Inc.

(Exact name of obligor as specified in its charter)

 

 

Oregon

(State or other jurisdiction of

incorporation or organization)

 

93-0257120

(I.R.S. employer

identification no.)

 

 

United Rentals Southeast, Inc.

(Exact name of obligor as specified in its charter)

 

 

Delaware

(State or other jurisdiction of

incorporation or organization)

 

52-2192451

(I.R.S. employer

identification no.)

 

 

United Rentals Southeast, L.P.

(Exact name of obligor as specified in its charter)

 

 

Georgia

(State or other jurisdiction of

incorporation or organization)

 

58-2493444

(I.R.S. employer

identification no.)

 

 

United Rentals (Delaware), Inc.

(Exact name of obligor as specified in its charter)

 

 

Delaware

(State or other jurisdiction of

incorporation or organization)

 

51-0414593

(I.R.S. employer

identification no.)

 

 

United Rentals Highway Technologies of Florida, Inc.

(Exact name of obligor as specified in its charter)

 

 

Florida

(State or other jurisdiction of

incorporation or organization)

 

11-3655997

(I.R.S. employer

identification no.)

 

 

 

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United Rentals Southeast Holding LLC

(Exact name of obligor as specified in its charter)

 

 

Georgia

(State or other jurisdiction of

incorporation or organization)

 

60-0000519

(I.R.S. employer

identification no.)

 

 

Wynne Systems, Inc.

(Exact name of obligor as specified in its charter)

 

 

California

(State or other jurisdiction of

incorporation or organization)

 

33-0507674

(I.R.S. employer

identification no.)

 

 

Five Greenwich Office Park

Greenwich, Connecticut

(Address of principal executive offices)

 

06830

(Zip code)

 

 


 

 

10 ¾% Senior Notes Due 2008

(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


Superintendent of Banks of the State of New York

  

2 Rector Street, New York, N.Y. 10006, and Albany, N.Y. 12203

Federal Reserve Bank of New York

  

33 Liberty Plaza, New York, N.Y. 10045

Federal Deposit Insurance Corporation

  

Washington, D.C. 20429

New York Clearing House Association

  

New York, New York 10005

 

  (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.)

 

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  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.

 

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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 5th day of March, 2003.

 

 

THE BANK OF NEW YORK

 

By:

 

/s/    VAN K. BROWN


   

Name:

 

Van K. Brown        

   

Title:

 

Vice President        

 

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EXHIBIT 7

 

Consolidated Report of Condition of

 

THE BANK OF NEW YORK

 

of One Wall Street, New York, N.Y. 10286

And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business September 30, 2002, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

 

ASSETS

  

Dollar Amounts In Thousands


 

Cash and balances due from depository institutions:

        

Noninterest-bearing balances and currency and coin

  

$

3,735,469

 

Interest-bearing balances

  

 

3,791,026

 

Securities:

        

Held-to-maturity securities

  

 

1,140,688

 

Available-for-sale securities

  

 

15,232,384

 

Federal funds sold in domestic offices

  

 

1,286,657

 

Securities purchased under agreements to resell

  

 

1,035,718

 

Loans and lease financing receivables:

        

Loans and leases held for sale

  

 

869,285

 

Loans and leases, net of unearned income    34,695,130

        

LESS: Allowance for loan and lease losses        645,382

        

Loans and leases, net of unearned income and allowance

  

 

34,049,748

 

Trading Assets

  

 

9,044,881

 

Premises and fixed assets (including capitalized leases)

  

 

823,722

 

Other real estate owned

  

 

778

 

Investments in unconsolidated subsidiaries and associated companies

  

 

226,274

 

Customers’ liability to this bank on acceptances outstanding

  

 

249,803

 

Intangible assets

        

Goodwill

  

 

1,852,232

 

Other intangible assets

  

 

54,714

 

Other assets

  

 

4,961,572

 

    


Total assets

  

$

78,354,951

 

    


LIABILITIES

        

Deposits:

        

In domestic offices

  

$

32,962,289

 

Noninterest-bearing      12,792,415

        

Interest-bearing             20,169,874

        

In foreign offices, Edge and Agreement subsidiaries, and IBFs

  

 

24,148,516

 

Noninterest-bearing           445,725

        

Interest-bearing             23,702,791

        

Federal funds purchased in domestic offices

  

 

959,287

 

Securities sold under agreements to repurchase

  

 

491,806

 

Trading liabilities

  

 

2,916,377

 

Other borrowed money:

(includes mortgage indebtedness and

obligations under capitalized leases)

  

 

1,691,634

 

Bank’s liability on acceptances executed and outstanding

  

 

251,701

 

Subordinated notes and debentures

  

 

2,090,000

 

Other liabilities

  

 

5,815,688

 

    


Total liabilities

  

$

71,327,298

 

    


Minority interest in consolidated subsidiaries

  

 

500,019

 

EQUITY CAPITAL

        

Perpetual preferred stock and related surplus

  

 

0

 

Common stock

  

 

1,135,284

 

Surplus

  

 

1,056,724

 

Retained earnings

  

 

4,218,003

 

Accumulated other comprehensive income

  

 

(117,623

)

Other equity capital components

  

 

0

 

Total equity capital

  

 

6,527,634

 

    


Total liabilities minority interest and equity capital

  

$

78,354,951

 

    


I, Thomas J. Mastro, Senior Vice President and Comptroller 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.

 

    

Thomas J. Mastro,

    

Senior Vice President and Comptroller

 

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.

 

 

Thomas A. Renyi

Gerald L. Hassell

Alan R. Griffith

 

Directors

 

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