EX-25 7 a2060494zex-25.txt EXHIBIT 25 Exhibit 25 ------------------------------------------------------ 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| -------- MANUFACTURERS AND TRADERS TRUST COMPANY (Exact name of trustee as specified in its charter) NEW YORK 16-0538020 (Jurisdiction of incorporation (I.R.S. employer or organization if not a national bank) identification No.) One M&T Plaza Buffalo, New York 14240-2399 (Address of principal executive offices) (Zip Code) -------- CARLISLE COMPANIES INCORPORATED (Exact name of obligor as specified in its charter) DELAWARE 31-1168055 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 13295 Ballantyne Corporate Place Suite 400 Charlotte, North Carolina 28227 (Address of principal executive offices) (Zip Code) -------- DEBT SECURITIES (Title of 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. Superintendent of Banks of the State of New York, 2 Rector Street, New York, New York 10006 and Corning Tower, Albany, New York 12203. Federal Reserve Bank of New York, 33 Liberty Street, New York, New York 10045. Federal Deposit Insurance Corporation, 550 17th Street N.W., Washington, D.C. 20429. (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. [Items 3 through 15 omitted pursuant to General Instruction B to Form T-1] ITEM 16. LIST OF EXHIBITS Exhibit 1. Organization Certificate of the Trustee as now in effect (incorporated herein by reference to Exhibit 1, Form T-1, filed as Exhibit 25.1 to Registration Statement No. 333-75673). Exhibit 2. Certificate of Authority of the Trustee to commence business (incorporated herein by reference to Exhibit 2, Form T-1, filed as Exhibit 25.1 Registration Statement No. 333-75673). Exhibit 3. Authorization of the Trustee to exercise corporate trust powers (incorporated herein by reference to Exhibit 3, Form T-1, filed as Exhibit 25.1 Registration Statement No. 333-75673). 2 Exhibit 4. Existing By-Laws of the Trustee (incorporated herein by reference to Exhibit 3, Form T-1, filed as Exhibit 25.1 to Registration Statement No. 333-66702). Exhibit 5. Not Applicable. Exhibit 6. Consent of the Trustee (incorporated herein by reference to Exhibit 6, Form T- 1, filed as Exhibit 25.1 Registration Statement No. 333-75673). Exhibit 7. Report of Condition of the Trustee.* Exhibit 8. Not Applicable. Exhibit 9. Not Applicable. ---------------- * Filed Herewith SIGNATURE Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, Manufacturers and Traders Trust Company, a trust company organized and existing under the laws of the State of New York, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Buffalo, and State of New York, on the 3rd day of October, 2001. MANUFACTURERS AND TRADERS TRUST COMPANY By: /s/ RUSSELL T. WHITLEY -------------------------------------- Russell T. Whitley Assistant Vice President 3 EXHIBIT 7 REPORT OF CONDITION OF THE TRUSTEE MANUFACTURERS AND TRADERS TRUST COMPANY ONE M AND T PLAZA BUFFALO, NY 14203 FDIC Certificate #: 588 BANK CHARTER CLASS: SM
-------------------------------------------------------------------------------------------------------------------------------- DEFINITION DOLLAR FIGURES IN THOUSANDS MANUFACTURERS AND MANUFACTURERS AND TRADERS TRUST COMPANY TRADERS TRUST COMPANY BUFFALO, NY BUFFALO, NY JUNE 30, 2001 JUNE 30 2000 -------------------------------------------------------------------------------------------------------------------------------- ASSETS AND LIABILITIES (YEAR TO DATE) (YEAR-TO-DATE) -------------------------------------------------------------------------------------------------------------------------------- 1 Total Employees (full-time Equivalent) 8,731 6,087 -------------------------------------------------------------------------------------------------------------------------------- 2 TOTAL ASSETS 30,432,159 20,889,191 -------------------------------------------------------------------------------------------------------------------------------- 3 Cash and due from depository institutions 717,459 547,044 -------------------------------------------------------------------------------------------------------------------------------- 4 Interest-bearing balances 3,748 1,632 -------------------------------------------------------------------------------------------------------------------------------- 5 Securities 2,953,213 2,740,267 -------------------------------------------------------------------------------------------------------------------------------- 6 Federal funds sold & reverse repurchase 193,080 63,811 agreements -------------------------------------------------------------------------------------------------------------------------------- 7 Net loans & leases 23,648,320 15,925,751 -------------------------------------------------------------------------------------------------------------------------------- 8 Loan loss allowance 404,017 315,516 -------------------------------------------------------------------------------------------------------------------------------- 9 Trading account assets 27,916 26,690 -------------------------------------------------------------------------------------------------------------------------------- 10 Bank premises and fixed assets 268,212 161,288 -------------------------------------------------------------------------------------------------------------------------------- 11 Other real estate owned 9,091 6,057 -------------------------------------------------------------------------------------------------------------------------------- 12 Goodwill and other intangibles 1,451,052 705,890 -------------------------------------------------------------------------------------------------------------------------------- 13 All other assets 1,163,816 712,393 -------------------------------------------------------------------------------------------------------------------------------- 14 Total liabilities and capital 30,432,159 20,889,191 -------------------------------------------------------------------------------------------------------------------------------- 15 TOTAL LIABILITIES 27,180,357 18,778,281 -------------------------------------------------------------------------------------------------------------------------------- 16 Total deposits 19,491,031 14,401,462 -------------------------------------------------------------------------------------------------------------------------------- 17 Interest-bearing deposits 16,078,116 11,846,742 -------------------------------------------------------------------------------------------------------------------------------- 18 Deposits held in domestic offices 19,161,599 14,151,169 -------------------------------------------------------------------------------------------------------------------------------- 19 % insured (estimated) 79 74 -------------------------------------------------------------------------------------------------------------------------------- 20 Federal funds purchased & repurchase 3,104,569 2,074,843 agreements -------------------------------------------------------------------------------------------------------------------------------- 21 Trading liabilities 21,938 21,667 -------------------------------------------------------------------------------------------------------------------------------- 22 Other borrowed funds 3,486,676 1,866,682 -------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------------------- DEFINITION DOLLAR FIGURES IN THOUSANDS MANUFACTURERS AND MANUFACTURERS AND TRADERS TRUST COMPANY TRADERS TRUST COMPANY BUFFALO, NY BUFFALO, NY JUNE 30, 2001 JUNE 30 2000 -------------------------------------------------------------------------------------------------------------------------------- ASSETS AND LIABILITIES (YEAR TO DATE) (YEAR-TO-DATE) -------------------------------------------------------------------------------------------------------------------------------- 23 Subordinated debt 674,054 175,000 -------------------------------------------------------------------------------------------------------------------------------- 24 All other liabilities 402,089 238,627 -------------------------------------------------------------------------------------------------------------------------------- 25 Equity capital 3,251,802 2,110,910 -------------------------------------------------------------------------------------------------------------------------------- 26 Perpetual preferred stock 0 0 -------------------------------------------------------------------------------------------------------------------------------- 27 Common stock 120,635 120,635 -------------------------------------------------------------------------------------------------------------------------------- 28 Surplus 1,811,566 943,892 -------------------------------------------------------------------------------------------------------------------------------- 29 Undivided profits 1,319,601 1,046,383 -------------------------------------------------------------------------------------------------------------------------------- MEMORANDA: -------------------------------------------------------------------------------------------------------------------------------- 30 Noncurrent loans and leases 289,790 79,865 -------------------------------------------------------------------------------------------------------------------------------- 31 Income earned-not collected on loans 171,299 104,507 -------------------------------------------------------------------------------------------------------------------------------- 32 Earning assets 26,804,681 18,736,153 -------------------------------------------------------------------------------------------------------------------------------- 33 Long-term assets (5+ years) 4,894,662 4,333,194 -------------------------------------------------------------------------------------------------------------------------------- 34 Average Assets, year-to-date 30,009,211 21,462,598 -------------------------------------------------------------------------------------------------------------------------------- 35 Average Assets, quarterly 30,235,225 21,382,148 -------------------------------------------------------------------------------------------------------------------------------- 36 Volatile liabilities 6,817,532 5,220,564 -------------------------------------------------------------------------------------------------------------------------------- 37 Insider loans 310,356 251,016 -------------------------------------------------------------------------------------------------------------------------------- 38 FHLB advances 3,361,596 N/A -------------------------------------------------------------------------------------------------------------------------------- 39 Loans and leases held for sale 871,298 256,771 -------------------------------------------------------------------------------------------------------------------------------- 40 Unused loan commitments 5,458,837 3,957,627 -------------------------------------------------------------------------------------------------------------------------------- 41 Total unused commitments 5,458,837 3,957,627 -------------------------------------------------------------------------------------------------------------------------------- 42 Restructured Loans and leases 357 377 -------------------------------------------------------------------------------------------------------------------------------- 43 Quarterly mutual fund sales 0 155,721 -------------------------------------------------------------------------------------------------------------------------------- 44 Total assets in foreign offices 0 0 -------------------------------------------------------------------------------------------------------------------------------- 45 Total liabilities in foreign offices 329,505 250,457 -------------------------------------------------------------------------------------------------------------------------------- 46 Derivatives 2,712,601 3,049,931 --------------------------------------------------------------------------------------------------------------------------------