CONFORMED COPY
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FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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) |__|
THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
48 Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
UNITED AUTO GROUP, INC.
(Exact name of obligor as specified in its charter)
Delaware 22-3086739
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
TABLE OF CO-REGISTRANTS
UAG Northeast, Inc. Delaware 13-3914604
UAG Northeast (NY), Inc. New York 13-3915001
DiFeo Partnership, Inc. Delaware 22-3145559
DiFeo Partnership VIII, Inc. Delaware 22-3187703
DiFeo Partnership IX, Inc. Delaware 22-3187702
DiFeo Partnership HCT, Inc. Delaware 22-3187710
DiFeo Partnership RCM, Inc. Delaware 22-3187707
DiFeo Partnership RCT, Inc. Delaware 22-3187709
DiFeo Partnership SCT, Inc. Delaware 22-3187705
Hudson Toyota, Inc. New Jersey 22-1919268
Somerset Motors, Inc. New Jersey 22-2986160
County Auto Group Partnership New Jersey 13-3678489
Danbury Auto Partnership New Jersey 06-1349205
Danbury Chrysler Plymouth New Jersey 06-1359706
Partnership
DiFeo BMW Partnership New Jersey 22-3186285
DiFeo Chevrolet-Geo Partnership New Jersey 22-3186253
DiFeo Chrysler Plymouth Jeep New Jersey 22-3186252
Eagle Partnership
DiFeo Hyundai Partnership New Jersey 22-3186280
DiFeo Leasing Partnership New Jersey 22-3193493
DiFeo Nissan Partnership New Jersey 22-3186257
Fair Chevrolet-Geo Partnership New Jersey 06-1349192
Fair Hyundai Partnership New Jersey 06-1349181
Hudson Motors Partnership New Jersey 22-3186282
J&F Oldsmobile Partnership New Jersey 22-3186266
OCM Partnership New Jersey 22-3248309
OCT Partnership New Jersey 22-3248308
Rockland Motors Partnership New Jersey 13-3678488
Somerset Motors Partnership New Jersey 22-3186283
United Landers, Inc. Delaware 13-3860266
Landers Auto Sales, Inc. Arkansas 71-0463494
Landers Buick-Pontiac, Inc. Arkansas 71-0765000
Landers United Auto Group, Inc. Arkansas 71-0784996
Landers United Auto Group Arkansas 71-0796323
No. 2, Inc.
Landers United Auto Group Arkansas 71-0792693
No. 3, Inc.
Landers United Auto Group Arkansas 71-0799357
No. 4, Inc.
UAG Atlanta, Inc. Delaware 13-3865530
Atlanta Toyota, Inc. Texas 58-1786146
UAG Atlanta II, Inc. Delaware 22-3439248
United Nissan, Inc. Georgia 58-2038392
UAG Atlanta III, Inc. Delaware 13-3914606
Peachtree Nissan, Inc. Georgia 58-1273321
UAG West, Inc. Delaware 13-3914611
LRP, Ltd. Arizona 86-0805727
SA Automotive, Ltd. Arizona 86-0583813
SL Automotive, Ltd. Arizona 86-0610228
Scottsdale Audi, Ltd. Arizona 86-0839423
Scottsdale Management Arizona 86-0573438
Group, Ltd.
SK Motors, Ltd. Arizona 86-0839422
SPA Automotive, Ltd. Arizona 86-0389559
Sun BMW, Ltd. Arizona 86-0782655
UAG Atlanta IV, Inc. Delaware 13-3914607
UAG Atlanta IV Motors, Inc. Georgia 58-1092076
UAG Atlanta V, Inc. Delaware 13-3914609
Conyers Nissan, Inc. Georgia 58-1286561
UAG Tennessee, Inc. Delaware 13-3914610
United Nissan, Inc. Tennessee 62-0790848
UAG Texas, Inc. Delaware 13-3933080
UAG Texas II, Inc. Delaware 13-3933083
Shannon Automotive, Ltd. Texas 76-0528837
UAG Nevada, Inc. Delaware 13-394-3658
United Nissan, Inc. Nevada 88-0166773
UAG East, Inc. Delaware 13-394-4970
Amity Auto Plaza, Ltd. New York 11-294-0031
Amity Nissan of Massapequa, New York 11-2428171
Ltd.
Auto Mall Payroll Services, Florida 65-0168491
Inc.
Auto Mall Storage, Inc. Florida 65-0733691
Florida Chrysler Plymouth, Florida 59-2676162
Inc.
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J&S Auto Refinishing, Ltd. New York 11-3266285
Northlake Auto Finish, Inc. Florida 65-0069290
Palm Auto Plaza, Inc. Florida 65-0224472
West Palm Auto Mall, Inc. Florida 65-0050208
West Palm Infiniti, Inc. Florida 65-0132666
West Palm Nissan, Inc. Florida 59-2664962
Westbury Nissan, Ltd. New York 11-304-9910
Westbury Superstore, Ltd. New York 11-298-3989
UAG Carolina, Inc. Delaware 13-3959601
Gene Reed Chevrolet, Inc. South Carolina 57-0714181
Michael Chevrolet-Oldsmobile, South Carolina 57-0917132
Inc.
Reed Lallier Chevrolet, Inc. North Carolina 56-1632500
UAG Atlanta VI, Inc. Delaware 13-3960863
United Jeep Eagle Chrysler Georgia 58-1859444
Plymouth of Stone Mountain, Inc.
United Auto Dodge of Shreveport Delaware 72-1393145
United AutoCare, Inc. Delaware 13-3920140
United AutoCare Products, Delaware 13-3922210
Inc.
UAG Capital Management, Inc. Delaware 13-3933904
UAG Finance Company, Inc. Delaware 13-3953915
375 Park Avenue
New York, New York 10152
(Address of principal executive offices) (Zip code)
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11% Senior Subordinated Notes Due 2007
(Title of the indenture securities)
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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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Superintendent of Banks of the State of 2 Rector Street, New York,
New York N.Y. 10006, and Albany,
N.Y. 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York,
N.Y. 10045
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association New York, New York 10005
(B) WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS.
Yes.
2. AFFILIATIONS WITH OBLIGOR.
IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE, DESCRIBE EACH SUCH
AFFILIATION.
None.
16. LIST OF EXHIBITS.
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).
1. A copy of the Organization Certificate of The Bank of New York
(formerly Irving Trust Company) as now in effect, which contains the
authority to commence business and a grant of powers to exercise
corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1
filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to
Form T-1 filed with Registration Statement No. 33-21672 and Exhibit 1
to Form T-1 filed with Registration Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1
filed with Registration Statement No. 33-31019.)
6. The consent of the Trustee required by Section 321(b) of the Act.
(Exhibit 6 to Form T-1 filed with Registration Statement No.
33-44051.)
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.
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SIGNATURE
Pursuant to the requirements of the Act, the Trustee, The Bank of New
York, 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 6th day of November, 1997.
THE BANK OF NEW YORK
By: /s/ Thomas Zakrzewski
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Name: Thomas Zakrzewski
Title: Assistant Vice President
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Exhibit 7
Consolidated Report of Condition of
THE BANK OF NEW YORK
of 48 Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business June 30, 1997,
published 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 Thousands
Cash and balances due from depository
institutions:
Noninterest-bearing balances and
currency and coin .................. $ 7,769,502
Interest-bearing balances .......... 1,472,524
Securities:
Held-to-maturity securities ........ 1,080,234
Available-for-sale securities ...... 3,046,199
Federal funds sold and Securities pur-
chased under agreements to resell...... 3,193,800
Loans and lease financing
receivables:
Loans and leases, net of unearned
income ............................ 35,352,045
LESS: Allowance for loan and
lease losses ...................... 625,042
LESS: Allocated transfer risk
reserve............................ 429
Loans and leases, net of unearned
income, allowance, and reserve 34,726,574
Assets held in trading accounts ...... 1,611,096
Premises and fixed assets (including
capitalized leases) ................ 676,729
Other real estate owned .............. 22,460
Investments in unconsolidated
subsidiaries and associated
companies .......................... 209,959
Customers' liability to this bank on
acceptances outstanding ............ 1,357,731
Intangible assets .................... 720,883
Other assets ......................... 1,627,267
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Total assets ......................... $57,514,958
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LIABILITIES
Deposits:
In domestic offices ................ $26,875,596
Noninterest-bearing ................ 11,213,657
Interest-bearing ................... 15,661,939
In foreign offices, Edge and
Agreement subsidiaries, and IBFs ... 16,334,270
Noninterest-bearing ................ 596,369
Interest-bearing ................... 15,737,901
Federal funds purchased and Securities
sold under agreements to repurchase. 1,583,157
Demand notes issued to the U.S.
Treasury ........................... 303,000
Trading liabilities .................. 1,308,173
Other borrowed money:
With remaining maturity of one year
or less .......................... 2,383,570
With remaining maturity of more than
one year through three years.......... 0
With remaining maturity of more than
three years ......................... 20,679
Bank's liability on acceptances exe-
cuted and outstanding .............. 1,377,244
Subordinated notes and debentures .... 1,018,940
Other liabilities .................... 1,732,792
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Total liabilities .................... 52,937,421
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EQUITY CAPITAL
Common stock ........................ 1,135,284
Surplus ............................. 731,319
Undivided profits and capital
reserves .......................... 2,721,258
Net unrealized holding gains
(losses) on available-for-sale
securities ........................ 1,948
Cumulative foreign currency transla-
tion adjustments .................. (12,272)
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Total equity capital ................ 4,577,537
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Total liabilities and equity
capital ........................... $57,514,958
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I, Robert E. Keilman, Senior Vice President and 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 Board of Governors
of the Federal Reserve System and is true to the best of my knowledge and
belief.
Robert E. Keilman
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 Board of Governors of the Federal Reserve System and
is true and correct.
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Alan R. Griffith |
J. Carter Bacot | Directors
Thomas A. Renyi |
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