305B2 1 d305b2.htm FORM T-1 Form T-1

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)

 


 

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 


 

    13-4994650

(State of incorporation

if not a national bank)

 

(I.R.S. employer

identification No.)

1111 Polaris Parkway

Columbus, Ohio

  43271
(Address of principal executive offices)   (Zip Code)

 

Thomas F. Godfrey

Vice President and Assistant General Counsel

JPMorgan Chase Bank, National Association

1 Chase Manhattan Plaza, 25th Floor

New York, NY 10081

Tel: (212) 552-2192

(Name, address and telephone number of agent for service)

 


 

CAPITAL ONE AUTO RECEIVABLES, LLC

CAPITAL ONE AUTO FINANCE TRUST 2005-C

(Exact name of obligor as specified in its charter)

 


 

DELAWARE   31-1750007
DELAWARE   51-6567952

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification No.)

140 E. Shore Drive, Room 1052-D

Glen Allen, VA

  23059

Wilmington Trust Company

Rodney Square North

1100 North Market Street

Wilmington, DE

  19890
(Address of principal executive offices)   (Zip Code)

 

ASSET BACKED NOTES

(Title of the indenture securities)

 



GENERAL

 

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.

 

      Comptroller of the Currency, Washington, D.C.

 

      Board of Governors of the Federal Reserve System, Washington, D.C., 20551

 

      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 and Guarantors.

 

If the obligor or any guarantor is an affiliate of the trustee, describe each such affiliation.

 

None.

 

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Item 16. List of Exhibits

 

List below all exhibits filed as a part of this Statement of Eligibility.

 

1. A copy of the Articles of Association of JPMorgan Chase Bank, N.A. (see Exhibit 1 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

2. A copy of the Certificate of Authority of the Comptroller of the Currency for the trustee to commence business. (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

3. None, the authority of the trustee to exercise corporate trust powers being contained in the documents described in Exhibits 1 and 2.

 

4. A copy of the existing By-Laws of the Trustee. (see Exhibit 4 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

5. Not applicable.

 

6. The consent of the Trustee required by Section 321(b) of the Act. (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

7. A copy of the latest report of condition of the Trustee, published pursuant to law or the requirements of its supervising or examining authority. (see Exhibit 7 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

8. Not applicable.

 

9. Not applicable.

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, JPMorgan Chase Bank, N.A., 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 20th day of September, 2005.

 

JPMORGAN CHASE BANK, N.A.
By  

/s/ Aranka R Paul


    Aranka R Paul
    Assistant Vice President

 

-3-


EXHIBIT 7

 

Exhibit 7 to Form T-1

 

Bank Call Notice

 

RESERVE DISTRICT NO. 2

CONSOLIDATED REPORT OF CONDITION OF

 

JPMorgan Chase Bank, N.A.

of 1111 Polaris Parkway, Columbus, Ohio 43271

and Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System,

 

at the close of business June 30, 2005, 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 Millions


ASSETS       

Cash and balances due from depository institutions:

      

Noninterest-bearing balances and currency and coin

   $ 33,595

Interest-bearing balances

     9,074

Securities:

      

Held to maturity securities

     92

Available for sale securities

     46,530

Federal funds sold and securities purchased under agreements to resell

      

Federal funds sold in domestic offices

     27,359

Securities purchased under agreements to resell

     162,222

Loans and lease financing receivables:

      

Loans and leases held for sale

     28,317

Loans and leases, net of unearned income

   $ 348,961

Less: Allowance for loan and lease losses

     4,676

Loans and leases, net of unearned income and allowance

     344,285

Trading Assets

     231,417

Premises and fixed assets (including capitalized leases)

     8,360

Other real estate owned

     142

Investments in unconsolidated subsidiaries and associated companies

     818

Customers’ liability to this bank on acceptances outstanding

     549

Intangible assets

      

Goodwill

     23,432

Other Intangible assets

     9,440

Other assets

     47,481

TOTAL ASSETS

   $ 973,113
    


     Dollar Amounts
in Millions


 
LIABILITIES         

Deposits

        

In domestic offices

   $ 383,950  

Noninterest-bearing

   $ 141,374  

Interest-bearing

     242,576  

In foreign offices, Edge and Agreement subsidiaries and IBF’s

     145,247  

Noninterest-bearing

   $ 7,348  

Interest-bearing

     137,899  

Federal funds purchased and securities sold under agreements to repurchase:

        

Federal funds purchased in domestic offices

     8,743  

Securities sold under agreements to repurchase

     93,698  

Trading liabilities

     117,933  

Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)

     79,495  

Bank’s liability on acceptances executed and outstanding

     549  

Subordinated notes and debentures

     17,982  

Other liabilities

     40,922  

TOTAL LIABILITIES

     888,519  

Minority Interest in consolidated subsidiaries

     1,426  

EQUITY CAPITAL

        

Perpetual preferred stock and related surplus

     0  

Common stock

     1,785  

Surplus (exclude all surplus related to preferred stock)

     58,838  

Retained earnings

     22,718  

Accumulated other comprehensive income

     (173 )

Other equity capital components

     0  

TOTAL EQUITY CAPITAL

     83,168  
    


TOTAL LIABILITIES, MINORITY INTEREST, AND EQUITY CAPITAL

   $ 973,113  
    


 

I, Joseph L. Sclafani, E.V.P. & Controller of the above-named bank, do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

JOSEPH L. SCLAFANI

    
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 appropriate Federal regulatory authority and is true and correct.

 

WILLIAM B. HARRISON, JR.   )
JAMES DIMON   ) DIRECTORS
MICHAEL J. CAVANAGH   )