305B2 1 a07-22516_3305b2.htm 305B2

 

UNITED STATES

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)    [X]

THE BANK OF NEW YORK TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)

 

95-3571558

(Jurisdiction of incorporation or organization
if not a U.S. national bank)

 

(I.R.S. Employer
Identification Number)

 

 

 

700 South Flower Street
Suite 500
Los Angeles, California

 



90017

(Address of principal executive offices)

 

(Zip code)

John C. Hitt, Jr.

Chapman and Cutler LLP

111 West Monroe Street

Chicago, Illinois 60603

(312) 845-3000

(Agent for Service)

HARLEY-DAVIDSON MOTORCYCLE TRUST 2007-3

(Exact name of obligor as specified in its charter)

Delaware

 

Not yet received

(State or other jurisdiction of

 

(I.R.S. employer

incorporation or organization)

 

identification no.)

 

 

 

c/o Wilmington Trust Company

 

 

Rodney Square North

 

 

1100 North Market Street

 

 

Wilmington, DE

 

19890-0001

(Address of principal executive offices)

 

(Zip code)

Motorcycle Contract Backed Notes,

Class A-1, Class A-2, Class A-3, Class A-4, Class B and Class C

 (Title of the indenture securities)

 

 



Item 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.

Item 2.                                     Affiliations with the obligor.  If the obligor is an affiliate of the trustee, describe each such affiliation.

 None.

Item 16.                               List of Exhibits.

1.

 

A copy of the articles of association of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).

 

 

 

 

 

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. 333-121948).

 

 

 

 

 

4.

 

A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).

 

 

 

 

 

5.

 

Not applicable.

 

 

 

 

 

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. 333-121948).

 



 

 

 

 

 

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.

 

 

 

 

 

8.

 

Not applicable.

 

 

 

 

 

9.

 

Not applicable.

 

2



SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, the trustee, The Bank of New York 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, on the 24th day of August, 2007.

The Bank of New York Trust Company,

 

N.A.

 

 

 

 

 

By:

/s/ Cynthia Davis

 

 

Name:  Cynthia Davis

 

 

Title:    Vice President

 

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EXHIBIT 7

CONSOLIDATED REPORT OF CONDITION
OF
THE BANK OF NEW YORK TRUST COMPANY, N.A.
700 S. Flower Street, 2nd Floor
Los Angeles, California  90017

At the close of business June 30, 2007, published in accordance with Federal regulatory authority instructions.

ASSETS

 

THOUSANDS OF 
DOLLARS

 

 

 

 

 

Cash and balances due from depository institutions:

 

 

 

 

 

 

 

Noninterest-bearing balances and currency and coin

 

9,835

 

 

 

 

 

Interest-bearing balances

 

- 0 -

 

 

 

 

 

Securities:

 

 

 

 

 

 

 

Held-to-maturity securities

 

42

 

 

 

 

 

Available-for-sale securities

 

114,959

 

 

 

 

 

Federal funds sold and securities purchased under agreements to resell:

 

 

 

 

 

 

 

Federal funds sold

 

50,000

 

 

 

 

 

Securities purchased under agreements to resell

 

89,000

 

 

 

 

 

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)

 

12,013

 

 

 

 

 

Other real estate owned

 

- 0 -

 

 

 

 

 

Investments in unconsolidated subsidiaries and associated companies

 

- 0 -

 

 

 

 

 

Customers’ liability to this bank on acceptances outstanding

 

- 0 -

 

 

 

 

 

Intangible assets:

 

 

 

 

 

 

 

Goodwill

 

923,997

 

 

 

 

 

Other Intangible Assets

 

262,780

 

 

 

 

 

Other assets

 

142,822

 

 

 

 

 

TOTAL ASSETS

 

$

1,605,448

 

 



CONSOLIDATED REPORT OF CONDITION
OF
THE BANK OF NEW YORK TRUST COMPANY, N.A.
700 S. Flower Street, 2nd Floor
Los Angeles, California  90017

 


LIABILITIES

 

THOUSANDS OF
DOLLARS

 

 

 

 

 

Deposits:

 

 

 

 

 

 

 

In domestic offices

 

2,255

 

 

 

 

 

Noninterest-bearing

 

2,255

 

 

 

 

 

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)

 

143,691

 

 

 

 

 

Not applicable

 

 

 

 

 

 

 

Bank’s liability on acceptances executed and outstanding

 

- 0 -

 

 

 

 

 

Subordinated notes and debentures

 

- 0 -

 

 

 

 

 

Other liabilities

 

165,588

 

 

 

 

 

Total Liabilities

 

$

311,534

 

 

 

 

 

Minority interest in consolidated subsidiaries

 

- 0 -

 

 

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EQUITY CAPITAL

 

THOUSANDS OF
DOLLARS

 

 

 

 

 

Perpetual preferred stock and related surplus

 

- 0 -

 

 

 

 

 

Common stock

 

1,000

 

 

 

 

 

Surplus

 

1,121,520

 

 

 

 

 

Retained earnings

 

171,493

 

 

 

 

 

Accumulated other comprehensive income

 

(99

)

 

 

 

 

Other equity capital components

 

- 0 -

 

 

 

 

 

Total equity capital

 

$

1,293,914

 

 

 

 

 

TOTAL LIABILITIES, MINORITY INTEREST, AND EQUITY CAPITAL

 

$

1,605,448

 

 

 

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

Micahel Klugman, President

 

 

 

 

Director #2

Frank Sulzberger, MD

 

 

 

 

Director #3

Michael McFadden, MD

 

 

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