60;
Exhibit 25.1
_____________________________________________________________________________
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)
_______________________________________________________
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) |
David Massa
U.S. Bank National Association
100 Wall Street
New York, NY 10005
(212) 361-4386
(Name, address and telephone number of agent for service)
BERRY PLASTICS CORPORATION
(Exact name of obligor as specified in its charter)
SEE TABLE OF ADDITIONAL REGISTRANT GUARANTORS
Delaware 0; 35-1814673
(State or other jurisdiction of 160; (I. R. S. Employer
incorporation or organization) 160; Identification No.)
0; 101 Oakley Street
60;Evansville, Indiana 47710
(Address of principal executive offices) ; (Zip Code)
Table of Additional Registrant Guarantors
Exact Name | Jurisdiction of Organization | I.R.S. Employer Identification No. | Name, Address and Telephone Number of Principal Executive Offices |
Aerocon, LLC | Delaware | 1948748 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Iowa, LLC | Delaware | 1382173 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Design, LLC | Delaware | 1689708 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Technical Services, Inc. | Delaware | 1029638 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Sterling Corporation | Delaware | 1749681 | 101 Oakley Street, Evansville, Indiana 47710 |
CPI Holding Corporation | Delaware | 1820303 | 101 Oakley Street, Evansville, Indiana 47710 |
Knight Plastics, Inc. | Delaware | 2056610 | 101 Oakley Street, Evansville, Indiana 47710 |
Packerware Corporation | Delaware | 0759852 | 101 Oakley Street, Evansville, Indiana 47710 |
Pescor, Inc. | Delaware | 3002028 | 101 Oakley Street, Evansville, Indiana 47710 |
Poly-Seal, LLC | Delaware | 0892112 | 101 Oakley Street, Evansville, Indiana 47710 |
Venture Packaging, Inc. | Delaware | 0368479 | 101 Oakley Street, Evansville, Indiana 47710 |
Venture Packaging Midwest, Inc. | Delaware | 1809003 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Acquisition Corporation III | Delaware | 1445502 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Opco, Inc. | Delaware | 0120989 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Acquisition Corporation V | Delaware | 4509933 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Acquisition Corporation VIII | Delaware | 0036809 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Acquisition Corporation IX | Delaware | 2184302 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Acquisition Corporation X | Delaware | 2184301 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Acquisition Corporation XI | Delaware | 2184300 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Acquisition Corporation XII | Delaware | 2184299 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Acquisition Corporation XIII | Delaware | 2184298 | 101 Oakley Street, Evansville, Indiana 47710 |
Berry Plastics Acquisition Corporation XV, LLC | Delaware | 2184293 | 101 Oakley Street, Evansville, Indiana 47710 |
Kerr Group, LLC | Delaware | 0898810 | 101 Oakley Street, Evansville, Indiana 47710 |
Saffron Acquisition, LLC | Delaware | 3293114 | 101 Oakley Street, Evansville, Indiana 47710 |
Setco, LLC | Delaware | 2374074 | 101 Oakley Street, Evansville, Indiana 47710 |
Sun Coast Industries, LLC | Delaware | 1952968 | 101 Oakley Street, Evansville, Indiana 47710 |
Tubed Products, LLC | Delaware | 2374082 | 101 Oakley Street, Evansville, Indiana 47710 |
Cardinal Packaging, Inc. | Ohio | 1396561 | 101 Oakley Street, Evansville, Indiana 47710 |
Landis Plastics, LLC | Delaware | 2471333 | 101 Oakley Street, Evansville, Indiana 47710 |
Covalence Specialty Adhesives LLC | Delaware | 4104683 | 101 Oakley Street, Evansville, Indiana 47710 |
Covalence Specialty Coatings LLC | Delaware | 4104683 | 101 Oakley Street, Evansville, Indiana 47710 |
Caplas LLC | Delaware | 3888603 | 101 Oakley Street, Evansville, Indiana 47710 |
Caplas Neptune, LLC | Delaware | 5557864 | 101 Oakley Street, Evansville, Indiana 47710 |
Captive Holdings, Inc. | Delaware | 1290475 | 101 Oakley Street, Evansville, Indiana 47710 |
Captive Plastics, Inc. | New Jersey | 1890735 | 101 Oakley Street, Evansville, Indiana 47710 |
Grafco Industries Limited Partnership | Maryland | 1729327 | 101 Oakley Street, Evansville, Indiana 47710 |
Rollpak Acquisition Corporation | Indiana | 0512845 | 101 Oakley Street, Evansville, Indiana 47710 |
Rollpak Corporation | Indiana | 1582626 | 101 Oakley Street, Evansville, Indiana 47710 |
Pliant Corporation | Delaware | 2107725 | 101 Oakley Street, Evansville, Indiana 47710 |
Pliant Corporation International | Utah | 0473075 | 101 Oakley Street, Evansville, Indiana 47710 |
Pliant Film Products of Mexico, Inc. | Utah | 0500805 | 101 Oakley Street, Evansville, Indiana 47710 |
Pliant Packaging of Canada, LLC | Utah | 0580929 | 101 Oakley Street, Evansville, Indiana 47710 |
Uniplast Holdings Inc. | Delaware | 3999589 | 101 Oakley Street, Evansville, Indiana 47710 |
Uniplast U.S., Inc. | Delaware | 3199066 | 101 Oakley Street, Evansville, Indiana 47710 |
Debt Securities
_____________________________________
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 OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation. |
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.* |
| 3. | A copy of the certificate of authority of the Trustee to exercise corporate trust powers.* |
| 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.* |
| 7. | Report of Condition of the Trustee as of December 31, 2009, 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. |
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 to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York, State of New York on the 3rd of May, 2010.
U.S. BANK NATIONAL ASSOCIATION
By: /s/ Thomas E. Tabor
Thomas E. Tabor
Vice President
Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
Exhibit 7
As of 12/31/2009
($000’s)
12/31/2009
Assets
Cash and Balances Due From $6,198,904
Depository Institutions
Securities 43,054,635
Federal Funds 3,431,853
Loans & Lease Financing Receivables 189,772,027
Fixed Assets 4,797,639
Intangible Assets 13,399,731
Other Assets 15,721,341
Total Assets $276,376,130
Liabilities
Deposits $194,253,182
Fed Funds 10,148,686
Treasury Demand Notes 0
Trading Liabilities 345,396
Other Borrowed Money 31,068,244
Acceptances 0
Subordinated Notes and Debentures 7,629,967
Other Liabilities 6,705,043
Total Liabilities $250,150,518
Equity
Minority Interest in Subsidiaries $1,629,447
Common and Preferred Stock 18,200
Surplus 12,642,020
Undivided Profits 11,935,945
Total Equity Capital $26,225,612
Total Liabilities and Equity Capital $276,376,130
To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.
U.S. Bank National Association
By:
Vice President
Date: May 3, 2010