Attached files

file filename
S-1 - S-1 - Tower US Holdings Inc.zk1414989.htm
EX-12.A - EXHIBIT 12A - Tower US Holdings Inc.exhibit_12-a.htm
EX-23.B - EXHIBIT 23B - Tower US Holdings Inc.exhibit_23-b.htm
EX-5.A - EXHIBIT 5A - Tower US Holdings Inc.exhibit_5-a.htm


Exhibit 25a
 
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)
 
Donald T. Hurrelbrink
U.S. Bank National Association
60 Livingston Avenue St. Paul, MN 55107 (651) 466-6308
(Name, address and telephone number of agent for service)
 
JAZZ TECHNOLOGIES, INC.
(Issuer with respect to the Securities)
 
Delaware
20-3320580
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
 
4321 Jamboree Road
Newport Beach, California
92660
(Address of Principal Executive Offices)
(Zip Code)
 
8% Convertible Senior Notes Due 2018
(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 March 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 S-4, Registration Number 333-166527 filed on May 5, 2010.

 
2

 
 
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. Paul, State of Minnesota on the 19th of May, 2014.
 
 
By:
/s/ Donald T. Hurrelbrink  
    Donald T. Hurrelbrink  
   
Vice President
 
       

 
3

 
 
Exhibit 2

    Comptroller of the Currency
    Administrator of National Banks

    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,
 
February 27, 2013, 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.
 
 
 
4

 
 
Exhibit 3

    Comptroller of the Currency
    Administrator of National Banks

    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," Cincirmati, 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 Stat. 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,
 
February 27, 2013, 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

 
 
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 there for.

Dated: May 19, 2014
 
 
By:
/s/ Donald T. Hurrelbrink  
    Donald T. Hurrelbrink  
   
Vice President
 
       

 
6

 

Exhibit 7
 
U.S. Bank National Association
Statement of Financial Condition
As of 3/31/2014
 
($000’s)
 
   
3/31/2014
 
Assets
     
    Cash and Balances Due From Depository Institutions
  $ 7,390,563  
    Securities
    84,977,518  
    Federal Funds
    36,998  
    Loans & Lease Financing Receivables
    234,549,731  
    Fixed Assets
    4,726,552  
    Intangible Assets
    13,234,790  
    Other Assets
    22,187,278  
Total Assets
  $ 367,103,430  
         
Liabilities
       
    Deposits
  $ 270,081,137  
    Fed Funds
    3,856,384  
    Treasury Demand Notes
    0  
    Trading Liabilities
    422,782  
    Other Borrowed Money
    35,507,326  
    Acceptances
    0  
    Subordinated Notes and Debentures
    4,623,000  
    Other Liabilities
    11,663,853  
Total Liabilities
  $ 326,154,482  
         
Equity
       
    Common and Preferred Stock
    18,200  
    Surplus
    14,266,409  
    Undivided Profits
    25,808,807  
    Minority Interest in Subsidiaries
  $ 855,532  
Total Equity Capital
  $ 40,948,948  
         
Total Liabilities and Equity Capital
  $ 367,103,430  

7