Registration No.333-202317

 

 

 

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) x

 


 

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)

 

Linda E. Garcia

U.S. Bank National Association

190 S. LaSalle Street 10th Floor

Chicago, IL  60603

(312) 332-6781

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

 

ECHO GLOBAL LOGISTICS, INC.

(Issuer with respect to the Securities)

 

Delaware

 

20-5001120

(State or other jurisdiction of incorporation or organization)

 

(I.R.S. Employer Identification No.)

 

600 West Chicago Avenue, Suite 725

Chicago, Illinois

 

60654

(Address of Principal Executive Offices)

 

(Zip Code)

 

Senior Debt Securities

(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, 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 December 31, 2014 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.

 

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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 Chicago, State of Illinois on the 28th of April, 2015.

 

 

By:

/s/ Linda E. Garcia

 

 

Linda E. Garcia

 

 

Vice President

 

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Exhibit 2 Office of the Comptroller of the Currency Washington, DC 20219 CERTIFICATE OF CORPORATE EXISTENCE I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that: 1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations. 2. "U.S. Bank National Association," Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate. IN TESTIMONY WHEREOF, today, January 21, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia. Comptroller of the Currency 4

 


Exhibit 3 Office of the Cornptroller of the Currency Washington, DC 20219 CERTIFICATION OF FIDUCIARY POWERS I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that: 1. The Office of the Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations. 2. "U.S. Bank National Association," Cincinnati, Ohio (Charter No. 24), was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved September 28, 1962, 76 Slat. 668, 12 USC 92a, and that the authority so granted remains in full force and effect on the date of this certificate.IN TESTIMONY WHEREOF, today, January 21, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia. 5 Comptroller of the Currency

 


 

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: April 28, 2015

 

 

 

By:

/s/ Linda E. Garcia

 

 

Linda E. Garcia

 

 

Vice President

 

6



 

Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 12/31/2014

 

($000’s)

 

 

 

12/31/2014

 

Assets

 

 

 

Cash and Balances Due From Depository Institutions

 

$

10,622,022

 

Securities

 

100,557,832

 

Federal Funds

 

79,987

 

Loans & Lease Financing Receivables

 

247,427,720

 

Fixed Assets

 

4,246,071

 

Intangible Assets

 

13,078,376

 

Other Assets

 

22,967,351

 

Total Assets

 

$

398,978,359

 

 

 

 

 

Liabilities

 

 

 

Deposits

 

$

294,158,985

 

Fed Funds

 

1,722,932

 

Treasury Demand Notes

 

0

 

Trading Liabilities

 

734,026

 

Other Borrowed Money

 

45,457,856

 

Acceptances

 

0

 

Subordinated Notes and Debentures

 

3,650,000

 

Other Liabilities

 

11,857,789

 

Total Liabilities

 

$

357,581,588

 

 

 

 

 

Equity

 

 

 

Common and Preferred Stock

 

18,200

 

Surplus

 

14,266,400

 

Undivided Profits

 

26,256,268

 

Minority Interest in Subsidiaries

 

855,903

 

Total Equity Capital

 

$

41,396,771

 

 

 

 

 

Total Liabilities and Equity Capital

 

$

398,978,359

 

 

7