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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
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[ ] CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2)|
THE BANK OF NEW YORK TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
95-3571558
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
700 S. FLOWER STREET
2ND FLOOR
LOS ANGELES, CALIFORNIA 90017-4104
(Address of principal executive offices) (Zip code)
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THE BANK OF NEW YORK TRUST COMPANY, N.A.
100 ASHFORD CENTER NORTH, SUITE 520
ATLANTA, GA 30338
ATTN: BARBARA K. ROYAL
(770) 698-5131
(Name, address, and telephone number of agent for service)
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AIRGATE PCS, INC. (1)
(Exact name of obligor as specified in its charter)
DELAWARE 20-2156350
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
5225 S. LOOP 289 79424
LUBBOCK, TEXAS (Zip code)
(Address of principal executive offices)
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First Priority Senior Secured Floating Rate Notes due 2011
(Title of the indenture securities)
(1) See Table 1 - List of additional obligors
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TABLE 1
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STATE OF INCORPORATION OR PRIMARY STANDARD INDUSTRIAL IRS EMPLOYER IDENTIFICATION
GUARANTOR* FORMATION CLASSIFICATION NUMBER NUMBER
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AGW Leasing Company, Inc. DE 4812 58-2441171
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AirGate Network Services, LLC DE 4812 58-2573528
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AirGate Service Company, Inc. DE 4812 30-0092669
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* Address and telephone number of principal executive offices are the same as
those of AirGate PCS, Inc.
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.
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NAME ADDRESS
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COMPTROLLER OF THE CURRENCY WASHINGTON, D.C. 20219
UNITED STATES DEPARTMENT OF THE TREASURY
FEDERAL RESERVE BANK ATLANTA, GEORGIA 30309
FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, D.C. 20429
(b) Whether it is authorized to exercise corporate trust powers.
THE TRUSTEE IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS.
Item 2. Affiliations with Obligor. If the obligor is an affiliate of the
trustee, describe each such affiliation.
NONE.
NO RESPONSES ARE INCLUDED FOR ITEMS 3-14 OF THIS FORM T-1 BECAUSE THE OBLIGOR IS
NOT IN DEFAULT AS PROVIDED UNDER ITEM 13.
Item 15. Foreign Trustee. NOT APPLICABLE.
Item 16. List of Exhibits. List below all exhibits filed as a part of this
Statement of Eligibility.
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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).
Exhibit 1. A copy of the articles of association of The Bank of New York
Trust Company, N.A.(1)
Exhibit 2. A copy of certificate of authority of the trustee to commence
business.(2)
Exhibit 3. A copy of the authorization of the trustee to exercise
corporate trust powers.(3)
Exhibit 4. A copy of the existing by-laws of the trustee.(4)
Exhibit 5. Not applicable.
Exhibit 6. The consent of the trustee required by Section 321(b) of the
Act.
Exhibit 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.
Exhibit 8. Not applicable.
Exhibit 9. Not applicable.
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(1) Incorporated by reference to Exhibit 1 to the trustee's Form T-1 filed as
Exhibit 25 to the Registration Statement dated January 14, 2005, SEC File No.
333-122050.
(2) Incorporated by reference to Exhibit 2 to the trustee's Form T-1 filed as
Exhibit 25 to the Registration Statement dated January 14, 2005, SEC File No.
333-122050.
(3) Incorporated by reference to Exhibit 3 to the trustee's Form T-1 filed as
Exhibit 25 to the Registration Statement dated January 14, 2005, SEC File No.
333-122050.
(4) Incorporated by reference to Exhibit 4 to the trustee's Form T-1 filed as
Exhibit 25 to the Registration Statement dated January 14, 2005, SEC File No.
333-122050.
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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as
amended, the trustee, The Bank of New York Trust Company, N.A., a corporation
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 Atlanta, and State of
Georgia, on the 30th day of March, 2005.
THE BANK OF NEW YORK
TRUST COMPANY, N.A.
By: /s/ Karen Z. Kelly
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Name: Karen Z. Kelly
Title: Vice President
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EXHIBIT 6
CONSENT OF THE TRUSTEE
In accordance with the requirements of Section 321(b) of the Trust Indenture Act
of 1939, as amended, The Bank of New York Trust Company, N.A., hereby consents
that reports of examinations by Federal, State, Territorial or District
authorities may be furnished by such authorities to the Securities and Exchange
Commission upon request therefor.
THE BANK OF NEW YORK
TRUST COMPANY, N.A.
By: /s/ Karen Z. Kelly
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Name: Karen Z. Kelly
Title: Vice President
Atlanta, Georgia
March 30, 2005
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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 S. Flower Street, 2nd Floor, Los Angeles, CA 90017
At the close of business November 30, 2004, published in accordance with
Federal regulatory authority instructions.
Dollar Amounts
in Thousands
ASSETS
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Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin...............................11,020
Interest-bearing balances............................................................20
Securities:
Held-to-maturity securities.......................................................8,930
Available-for-sale securities....................................................29,892
Federal funds sold and securities purchased under agreements to resell:
Federal funds sold ..............................................................25,700
Securities purchased under agreements to resell.................................111,000
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)..............................2,365
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..........................................................................237,448
Other Intangible Assets ...........................................................17,614
Other assets.........................................................................25,184
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Total assets.......................................................................$469,173
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LIABILITIES
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Deposits:
In domestic offices
Noninterest-bearing..............................................................12,587
Interest-bearing......................................................................0
Not applicable
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)..........................................................58,193
Not applicable
Bank's liability on acceptances executed and outstanding..................................0
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Subordinated notes and debentures.........................................................0
Other liabilities....................................................................45,767
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Total liabilities..................................................................$116,548
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Minority interest in consolidated subsidiaries............................................0
EQUITY CAPITAL
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Perpetual preferred stock and related surplus.............................................0
Common stock..........................................................................1,000
Surplus 294,050
Retained earnings....................................................................57,632
Accumulated other comprehensive income.....................................................
Other equity capital components.........................................................(57)
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Total equity capital...............................................................$352,625
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Total liabilities, minority interest, and equity capital...........................$469,173
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I, Thomas J. Mastro, Comptroller 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.
Thomas J. Mastro ) Comptroller
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.
Richard G. Jackson )
Nicholas C. English ) Directors
Karen B. Shupenko )
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