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) ☐ |
____________________ |
U.S. BANK NATIONAL ASSOCIATION |
(Exact name of Trustee as specified in its charter) |
31-0841368 |
I.R.S. Employer Identification No. |
800 Nicollet Mall Minneapolis, Minnesota | 55402 |
(Address of principal executive offices) | (Zip Code) |
James Kowalski |
U.S. Bank National Association |
535 Griswold Street, Suite 550 |
Detroit, MI 48226 |
(313) 234-4716 |
(Name, address and telephone number of agent for service) |
Meritor Inc. |
(Issuer with respect to the Securities) |
Indiana | 38-3354643 |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
2135 West Maple Road Troy, Michigan | 48084-7186 |
(Address of Principal Executive Offices) | (Zip Code) |
Debt Securities and |
Guarantees of Debt Securities |
(Title of the Indenture Securities) |
GUARANTORS
Exact Name of | State or Other | I.R.S. Employer | Address of |
Obligor as Specified | Jurisdiction of | Identification | Principal |
in its Charter | Incorporation or Organization | Number | Executive Offices |
Arvin Holdings | Netherlands | 98-0589784 | c/o Meritor, Inc. |
Netherlands B.V. | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Arvin Technologies, Inc. | Michigan | 38-3349979 | c/o Meritor, Inc. |
2135 West Maple | |||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
ArvinMeritor Filters | Delaware | 73-1305936 | c/o Meritor, Inc. |
Operating Co., LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
ArvinMeritor Limited | England and Wales | 98-0110847 | c/o Meritor, Inc. |
2135 West Maple | |||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
ArvinMeritor OE, LLC | Delaware | 38-3622443 | c/o Meritor, Inc. |
2135 West Maple | |||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
ArvinMeritor Sweden AB | Sweden | 98-0473144 | c/o Meritor, Inc. |
2135 West Maple | |||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
ArvinMeritor | Delaware | 52-2196523 | c/o Meritor, Inc. |
Technology, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Aftermarket | Delaware | 26-2497100 | c/o Meritor, Inc. |
USA, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 |
Meritor Cayman Islands, | Cayman Islands | 38-3559688 | c/o Meritor, Inc. |
Ltd. | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Electric | Delaware | 82-3270448 | c/o Meritor, Inc. |
Vehicles, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Heavy Vehicle | Delaware | 38-3441039 | c/o Meritor, Inc. |
Braking Systems | 2135 West Maple | ||
(U.S.A.), LLC | Road | ||
Troy, Michigan | |||
48084-7186 | |||
Meritor Heavy Vehicle | Delaware | 38-3371768 | c/o Meritor, Inc. |
Systems, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Heavy Vehicle | Delaware | 25-1407192 | c/o Meritor, Inc. |
Systems (Singapore) Pte., | 2135 West Maple | ||
Ltd. | Road | ||
Troy, Michigan | |||
48084-7186 | |||
Meritor Heavy Vehicle | Delaware | 38-3436040 | c/o Meritor, Inc. |
Systems (Venezuela), | 2135 West Maple | ||
Inc. | Road | ||
Troy, Michigan | |||
48084-7186 | |||
Meritor Holdings. LLC | Delaware | 98-0439989 | c/o Meritor, Inc. |
(formerly named | 2135 West Maple | ||
ArvinMeritor Holdings | Road | ||
Mexico, LLC) | Troy, Michigan | ||
48084-7186 | |||
Meritor, Inc. | Nevada | 52-2092391 | c/o Meritor, Inc. |
2135 West Maple | |||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor International | Delaware | 90-0218822 | c/o Meritor, Inc. |
Holdings, LLC (formerly | 2135 West Maple | ||
named Arvin | Road | ||
International Holdings, | Troy, Michigan | ||
LLC) | 48084-7186 | ||
Meritor Luxembourg | Luxembourg | 98-0217915 | c/o Meritor, Inc. |
S.A.R.L. | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 |
Meritor Management | Delaware | 25-1221513 | c/o Meritor, Inc. |
Corp. | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Netherlands B.V. | Netherlands | 98-0228486 | c/o Meritor, Inc. |
2135 West Maple | |||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Specialty | Delaware | 82-2716157 | c/o Meritor, Inc. |
Products LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Technology, | Delaware | 98-0272396 | c/o Meritor, Inc. |
LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
AxleTech International | Michigan | N/A | c/o Meritor, Inc. |
IP Holdings, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
CAX Holdings, LLC | Delaware | 48-2281438 | c/o Meritor, Inc. |
2135 West Maple | |||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
CAX Intermediate. LLC | Delaware | 82-0932062 | c/o Meritor, Inc. |
2135 West Maple | |||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Industrial Aftermarket | Michigan | 03-0449768 | c/o Meritor, Inc. |
USA, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Industrial | Delaware | 20-3586621 | c/o Meritor, Inc. |
Acquisition Holdings, | 2135 West Maple | ||
LLC | Road | ||
Troy, Michigan | |||
48084-7186 |
Meritor Industrial | Delaware | 20-3599820 | c/o Meritor, Inc. |
France, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Industrial | Delaware | 47-2371416 | c/o Meritor, Inc. |
Holdings, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Industrial | Delaware | N/A | c/o Meritor, Inc. |
Holdings Brazil, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Industrial | Delaware | 20-3599296 | c/o Meritor, Inc. |
Holdings France, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Industrial | Delaware | 73-1641336 | c/o Meritor, Inc. |
International Holdings, | 2135 West Maple | ||
LLC | Road | ||
Troy, Michigan | |||
48084-7186 | |||
Meritor Industrial | Delaware | 52-1762126 | c/o Meritor, Inc. |
Overseas Services, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Meritor Industrial | Delaware | 73-1641341 | c/o Meritor, Inc. |
Products, LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 | |||
Transportation Power, | California | 27-3558766 | c/o Meritor, Inc. |
LLC | 2135 West Maple | ||
Road | |||
Troy, Michigan | |||
48084-7186 |
FORM T-1
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 | ||
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 | ||
Items 3-15 | Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee. | |
Item 16. | LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification. | |
1. | A copy of the Articles of Association of the Trustee.* | |
2. | A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2. | |
3. | A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3. | |
4. | A copy of the existing bylaws of the Trustee.** | |
5. | A copy of each Indenture referred to in Item 4. Not applicable. | |
6. | The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6. | |
7. | Report of Condition of the Trustee as of June 30, 2020 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7. |
* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
** Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.
2
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, 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 Detroit, State of Michigan on the 12th of November, 2020.
By: | /s/ James Kowalski | ||
James Kowalski | |||
Vice President |
3
Exhibit 2
4
Exhibit 3
5
Exhibit 6
CONSENT
In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
Dated: November 12, 2020
By: | /s/ James Kowalski | ||
James Kowalski | |||
Vice President |
6
Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2020
($000’s)
6/30/2020 | |||
Assets | |||
Cash and Balances Due From Depository Institutions | $ | 52,265,124 | |
Securities | 126,598,837 | ||
Federal Funds | 806 | ||
Loans & Lease Financing Receivables | 311,129,409 | ||
Fixed Assets | 7,834,494 | ||
Intangible Assets | 12,365,020 | ||
Other Assets | 26,097,656 | ||
Total Assets | $ | 536,291,346 | |
Liabilities | |||
Deposits | $ | 425,279,286 | |
Fed Funds | 2,453,923 | ||
Treasury Demand Notes | 0 | ||
Trading Liabilities | 1,018,213 | ||
Other Borrowed Money | 36,976,115 | ||
Acceptances | 0 | ||
Subordinated Notes and Debentures | 3,850,000 | ||
Other Liabilities | 14,538,821 | ||
Total Liabilities | $ | 484,116,358 | |
Equity | |||
Common and Preferred Stock | 18,200 | ||
Surplus | 14,266,915 | ||
Undivided Profits | 37,089,306 | ||
Minority Interest in Subsidiaries | 800,567 | ||
Total Equity Capital | $ | 52,174,988 | |
Total Liabilities and Equity Capital | $ | 536,291,346 |
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