EXHIBIT 25(E)
FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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)
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THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(Jurisdiction of incorporation (I.R.S. Employer
if not a U.S. national bank) Identification No.)
One Wall Street, New York, New York 10286
(Address of principal executive offices) (Zip code)
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TXU CAPITAL IV
(Exact name of obligor as specified in its charter)
Delaware To Be Applied For
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
Energy Plaza, 1601 Bryan Street
Dallas, Texas 75201
(Address of principal executive offices) (Zip code)
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TXU CAPITAL IV PREFERRED TRUST SECURITIES*
(Title of the indenture securities)
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*Specific title(s) to be determined in connection with issuance(s) of TXU
Capital IV Preferred Trust Securities.
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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.
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Superintendent of Banks of the 2 Rector Street, New York, N.Y. 10006
State of New York and Albany, N.Y. 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York, N.Y. 10045
Federal Deposit Insurance Corporation 550 17th Street, N.W., Washington, D.C. 20429
New York Clearing House Association New York, N.Y. 10005
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(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. (See Note on page 2.)
ITEM 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.
ss.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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*Pursuant to General Instruction B, the Trustee has responded only to
Items 1, 2 and 16 of this form since to the best of the knowledge of the Trustee
the obligor is not in default under any indenture under which the Trustee is a
trustee.
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NOTE
Inasmuch as this Form T-1 is being filed prior to the ascertainment by
the Trustee of all facts on which to base a responsive answer to Item 2, the
answer to said Item is based on incomplete information.
Item 2 may, however, be considered as correct unless amended by an
amendment to this Form T-1.
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 1st day of November, 2000.
THE BANK OF NEW YORK
By: /s/ Walter N. Gitlin
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Walter N. Gitlin
Vice President
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EXHIBIT 7
(Page 1 of 3)
Consolidated Report of Condition of
THE BANK OF NEW YORK
of One 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, 2000, 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
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Cash and balances due from
depository institutions:
Noninterest-bearing balances
and currency and coin......................................... $ 4,133,121
Interest-bearing balances....................................... 4,153,905
Securities:
Held-to-maturity securities..................................... 908,946
Available-for-sale securities................................... 4,889,160
Federal funds sold and Securities
purchased under agreements to resell.......................... 4,471,741
Loans and lease financing
receivables:
Loans and leases, net of unearned
income....................................... 38,423,509
LESS: Allowance for loan and
lease losses................................. 590,846
LESS: Allocated transfer risk
reserve...................................... 12,596
Loans and leases, net of unearned
income, allowance, and reserve................................ 37,820,067
Trading Assets.................................................... 11,028,326
Premises and fixed assets (including
capitalized leases)............................................. 722,622
Other real estate owned........................................... 6,351
Investments in unconsolidated subsid-
iaries and associated companies................................. 166,189
Customers' liability to this bank on
acceptances outstanding......................................... 1,154,448
Intangible assets................................................. 1,338,942
Other assets...................................................... 3,392,303
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Total assets...................................................... $74,186,121
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EXHIBIT 7
(Page 2 of 3)
LIABILITIES
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Deposits:
In domestic offices............................................. $28,759,739
Noninterest-bearing............................ 12,991,192
Interest-bearing............................... 15,768,547
In foreign offices, Edge and
Agreement subsidiaries, and IBFs................................ 26,421,204
Noninterest-bearing............................ 550,232
Interest-bearing............................... 25,870,972
Federal funds purchased and Securities
sold under agreements to repurchase ............................ 1,619,310
Demand notes issued to the U.S.
Treasury........................................................ 100,000
Trading liabilities............................................... 2,337,972
Other borrowed money:
With remaining maturity of one year or less..................... 1,754,237
With remaining maturity of more than
one year through three years ................................. 0
With remaining maturity of more than
three years.................................................. 31,080
Bank's liability on acceptances
executed and outstanding........................................ 1,155,970
Subordinated notes and debentures................................. 1,652,000
Other liabilities................................................. 4,169,081
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Total liabilities................................................. 68,000,593
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EQUITY CAPITAL
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Common stock...................................................... 1,135,284
Surplus........................................................... 956,428
Undivided profits and capital
reserves........................................................ 4,156,469
Net unrealized holding gains (losses)
on available-for-sale securities................................ (33,142)
Accumulated net gains (losses) on
cash flow hedges................................................ 0
Cumulative foreign currency
translation adjustments......................................... (29,511)
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Total equity capital.............................................. 6,185,528
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Total liabilities and equity capital.............................. $74,186,121
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EXHIBIT 7
(Page 3 of 3)
I, Thomas J. Mastro, 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.
Thomas J. Mastro
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.
Thomas A. Renyi )
Gerald L. Hassell ) Directors
Alan R. Griffith )
