Exhibit 25
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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) X
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JPMORGAN CHASE BANK
(Exact name of trustee as specified in its charter)
New York 13-4994650
(State of incorporation (I.R.S. employer
if not a national bank) identification No.)
270 Park Avenue
New York, New York 10017
(Address of principal executive offices) (Zip Code)
William H. McDavid
General Counsel
270 Park Avenue
New York, New York 10017
Tel: (212) 270-2611
(Name, address and telephone number of agent for service)
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EACH DAIMLERCHRYSLER AUTO TRUST ______-______ THAT ISSUES NOTES UNDER THE
RELATED PROSPECTUS AND PROSPECTUS SUPPLEMENT
(Exact name of obligor as specified in its charter)
Delaware Pending
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification No.)
c/o Deutsche Bank Trust Company Delaware, as Owner Trustee
1011 Centre Road, Suite 200
Wilmington, DE 19805
(Address of principal executive offices) (Zip Code)
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DaimlerChrysler Auto Trust ____-_______, Asset Backed Notes
(Title of the indenture securities)
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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.
New York State Banking Department, State House,
Albany, New York 12110.
Board of Governors of the Federal Reserve System,
Washington, D.C., 20551
Federal Reserve Bank of New York, District No. 2,
33 Liberty Street, New York, N.Y.
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.
If the obligor is an affiliate of the trustee, describe each such
affiliation.
None.
Items 3-15.
No responses are included for Items 3-15 of this Form T-1 because the Obligor
is not in default as provided under Item 13.
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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 Restated Organization Certificate of the Trustee
dated March 25, 1997 and the Certificate of Amendment dated October 22, 2001
(see Exhibit 1 to Form T-1 filed in connection with Registration Statement No.
333-76894, which is incorporated by reference.)
2. A copy of the Certificate of Authority of the Trustee to Commence
Business (see Exhibit 2 to Form T-1 filed in connection with Registration
Statement No. 33-50010, which is incorporated by reference). On November 11,
2001, in connection with the merger of The Chase Manhattan Bank and Morgan
Guaranty Trust Company of New York, the surviving corporation was renamed
JPMorgan Chase Bank.
3. None, authorization to exercise corporate trust powers being
contained in the documents identified above as 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. 333-76894, 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.
33-50010, which is incorporated by reference). On November 11, 2001, in
connection with the merger of The Chase Manhattan Bank and Morgan Guaranty
Trust Company of New York, the surviving corporation was renamed JPMorgan
Chase Bank.
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.
8. Not applicable.
9. Not applicable.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee,
JPMorgan Chase Bank, a corporation organized and existing under the laws of
the State of New York, 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 8th day of July, 2004.
JPMORGAN CHASE BANK
By /s/ Keith R. Richardson
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Authorized Officer
Exhibit 7 to Form T-1
Bank Call Notice
RESERVE DISTRICT NO. 2
CONSOLIDATED REPORT OF CONDITION OF
JPMorgan Chase Bank
of 270 Park Avenue, New York, New York 10017
and Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System,
at the close of business March 31, 2004, 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
ASSETS in Millions
Cash and balances due from depository institutions:
Noninterest-bearing balances and
currency and coin ..................................... $ 19,589
Interest-bearing balances ............................. 35,104
Securities:
Held to maturity securities............................... 156
Available for sale securities............................. 64,028
Federal funds sold and securities purchased under
agreements to resell ..................................
Federal funds sold in domestic offices 30,180
Securities purchased under agreements to resell 74,963
Loans and lease financing receivables:
Loans and leases held for sale......................... 19,061
Loans and leases, net of unearned income $163,825
Less: Allowance for loan and lease losses 2,771
Loans and leases, net of unearned income and
allowance.............................................. 161,054
Trading Assets............................................ 191,989
Premises and fixed assets (including capitalized leases).. 5,959
Other real estate owned................................... 118
Investments in unconsolidated subsidiaries and
associated companies................................... 837
Customers' liability to this bank on acceptances
outstanding............................................ 203
Intangible assets
Goodwill............................................... 2,539
Other Intangible assets................................ 4,521
Other assets.............................................. 38,391
TOTAL ASSETS ............................................. $648,692
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LIABILITIES
Deposits
In domestic offices.................................... $210,211
Noninterest-bearing ................... $80,262
Interest-bearing ...................... 129,949
In foreign offices, Edge and Agreement
subsidiaries and IBF's................................. 120,623
Noninterest-bearing................ $ 7,920
Interest-bearing ................... 112,703
Federal funds purchased and securities sold under agreements
to repurchase:
Federal funds purchased in domestic offices 6,480
Securities sold under agreements to repurchase 102,641
Trading liabilities....................................... 114,412
Other borrowed money (includes mortgage indebtedness
and obligations under capitalized leases).............. 20,692
Bank's liability on acceptances executed and outstanding.. 203
Subordinated notes and debentures ........................ 8,039
Other liabilities......................................... 26,877
TOTAL LIABILITIES......................................... 610,178
Minority Interest in consolidated subsidiaries............ 346
EQUITY CAPITAL
Perpetual preferred stock and related surplus............. 0
Common stock.............................................. 1,785
Surplus (exclude all surplus related to preferred stock).. 16,318
Retained earnings......................................... 20,049
Accumulated other comprehensive income.................... 16
Other equity capital components........................... 0
TOTAL EQUITY CAPITAL ..................................... 38,168
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TOTAL LIABILITIES, MINORITY INTEREST, AND EQUITY CAPITAL $648,692
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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. )
ELLEN V. FUTTER )DIRECTORS
FRANK A. BENNACK,JR. )