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Exhibit 25
 
 
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
 
     
o   CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b) (2)
WELLS FARGO BANK, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
     
A National Banking Association   94-1347393
(Jurisdiction of incorporation or   (I.R.S. Employer
organization if not a U.S. national
bank)
  Identification No.)
     
101 North Phillips Avenue    
Sioux Falls, South Dakota   57104
(Address of principal executive offices)   (Zip code)
Wells Fargo & Company
Law Department, Trust Section
MAC N9305-175
Sixth Street and Marquette Avenue, 17
th Floor
Minneapolis, Minnesota 55479
(612) 667-4608

(Name, address and telephone number of agent for service)
 
PARKER-HANNIFIN CORPORATION
(Exact name of obligor as specified in its charter)
     
OHIO   34-0451060
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification No.)
     
6035 Parkland Boulevard    
Cleveland, OH   44124-4141
(Address of principal executive offices)   (Zip code)
 
Debt Securities
(Title of the indenture securities)
 
 

 


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Item 1. General Information
Item 2. Affiliations with Obligor
Item 15. Foreign Trustee
Item 16. List of Exhibits
SIGNATURE


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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.
 
      Comptroller of the Currency
Treasury Department
Washington, D.C.
 
      Federal Deposit Insurance Corporation
Washington, D.C.
 
      Federal Reserve Bank of San Francisco
San Francisco, California 94120
 
  (b)   Whether it is authorized to exercise corporate trust powers.
 
      The trustee is authorized to exercise corporate trust powers.
Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.
None with respect to the trustee.
No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.
Item 15. Foreign Trustee. Not applicable.
Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.
         
 
  Exhibit 1.   A copy of the Articles of Association of the trustee now in effect.*
 
       
 
  Exhibit 2.   A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated November 8, 2005.**
 
       
 
  Exhibit 3.   See Exhibit 2
 
       
 
  Exhibit 4.   Copy of By-laws of the trustee as now in effect.***
 
       
 
  Exhibit 5.   Not applicable.
 
       
 
  Exhibit 6.   The consent of the trustee required by Section 321(b) of the Act.
 
       
 
  Exhibit 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.
 
       
 
  Exhibit 8.   Not applicable.
 
       
 
  Exhibit 9.   Not applicable.

 


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*   Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.
 
**   Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.
 
***   Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.

 


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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo 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 to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Minneapolis and State of Minnesota on May 23rd, 2007.
         
 
  WELLS FARGO BANK, NATIONAL ASSOCIATION    
 
       
 
  /s/ Kamladai Deoraj
 
Kamladai Deoraj
Assistant Vice President
   

 


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EXHIBIT 6
May 23rd 2007
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
         
 
  Very truly yours,    
 
       
 
  WELLS FARGO BANK, NATIONAL ASSOCIATION    
 
       
 
  /s/ Kamladai Deoraj
 
Kamladai Deoraj
Assistant Vice President
   

 


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Consolidated Report of Condition of
Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business December 31, 2006, filed in accordance with 12 U.S.C. §161 for National Banks.
                 
            Dollar Amounts  
            In Millions  
ASSETS
               
Cash and balances due from depository institutions:
               
Noninterest-bearing balances and currency and coin
          $ 15,071  
Interest-bearing balances
            1,332  
Securities:
               
Held-to-maturity securities
            0  
Available-for-sale securities
            37,720  
Federal funds sold and securities purchased under agreements to resell:
               
Federal funds sold in domestic offices
            4,141  
Securities purchased under agreements to resell
            1,130  
Loans and lease financing receivables:
               
Loans and leases held for sale
            33,751  
Loans and leases, net of unearned income
    252,936          
LESS: Allowance for loan and lease losses
    2,088          
Loans and leases, net of unearned income and allowance
            250,848  
Trading Assets
            3,060  
Premises and fixed assets (including capitalized leases)
            4,045  
Other real estate owned
            557  
Investments in unconsolidated subsidiaries and associated companies
            419  
Intangible assets
               
Goodwill
            8,995  
Other intangible assets
            18,458  
Other assets
            19,144  
 
               
 
             
Total assets
          $ 398,671  
 
             
 
               
LIABILITIES
               
Deposits:
               
In domestic offices
          $ 272,350  
Noninterest-bearing
    76,347          
Interest-bearing
    196,003          
In foreign offices, Edge and Agreement subsidiaries, and IBFs
            39,196  
Noninterest-bearing
    12          
Interest-bearing
    39,184          
Federal funds purchased and securities sold under agreements to repurchase:
               
Federal funds purchased in domestic offices
            4,271  
Securities sold under agreements to repurchase
            5,631  

 


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            Dollar Amounts  
            In Millions  
Trading liabilities
            2,145  
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)
            7,119  
Subordinated notes and debentures
            10,164  
Other liabilities
            17,464  
 
               
 
             
Total liabilities
          $ 358,340  
 
               
Minority interest in consolidated subsidiaries
            61  
 
               
EQUITY CAPITAL
               
Perpetual preferred stock and related surplus
            0  
Common stock
            520  
Surplus (exclude all surplus related to preferred stock)
            24,751  
Retained earnings
            14,549  
Accumulated other comprehensive income
            450  
Other equity capital components
            0  
 
               
 
             
Total equity capital
            40,270  
 
               
 
             
Total liabilities, minority interest, and equity capital
          $ 398,671  
 
             
I, Karen B. Nelson, Vice President 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.
Karen B. Nelson
Vice President 
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.
     
Avid Modijtabai
   
John Stumpf
  Directors
Carrie Tolstedt