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EX-4.1 - INDENTURE DATED FEBRUARY 23, 2010 - Yellow Corpdex41.htm
8-K - FORM 8-K - Yellow Corpd8k.htm
EX-99.1 - ESCROW AGREEMENT - Yellow Corpdex991.htm
EX-99.2 - NEWS RELEASE - Yellow Corpdex992.htm

 

 

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)

Brian Kabbes

U.S. Bank National Association

One U.S. Bank Plaza, 6th Floor

St. Louis, MO 63101

(314-) 418-3943

(Name, address and telephone number of agent for service)

YRC Worldwide, Inc.

(Issuer with respect to the Securities)

Delaware

 

  48-0948788
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)
   
     
 
 

  10990 Roe Avenue

  Overland Park, KS

 

66211

 

(Address of Principal Executive Offices)         (Zip Code)

6% Convertible Senior Notes due 2014

(Title of the Indenture 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

Washington, D.C.

 

  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.

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.*

 

  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, attached as Exhibit 6.

 

  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.

** Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-159463 filed on August 21, 2009.

 

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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 St. Louis, State of Missouri on the 22nd of February, 2010.

 

   By:   

LOGO

  
        Brian J. Kabbes   
        Vice President   

 

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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: February 22, 2010

 

   By:   

LOGO

  
         Brian J. Kabbes   
        Vice President   

 

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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
Depository Institutions

   $6,198,904    

 

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:   /s/ Brian Kabbes
   Vice President

Date:  February 22, 2010

 

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