EX-25.1 5 a2013q2s-4exh251.htm T-1 2013 Q2 S-4 Exh 25.1


Exhibit 25.1


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)

FelCor Lodging Limited Partnership
(Issuer with respect to the Securities)
Delaware
75-2544994
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)


545 E. John Carpenter Freeway, Suite 1300
Irving, Texas
75062
(Address of Principal Executive Offices)
(Zip Code)

5.625% Senior Secured Notes due 2023
(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, 2012 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.

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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. Paul, State of Minnesota on the 21st of March, 2013.



 
 
By:
/s/ Donald T. Hurrelbrink
 
 
 
Donald T. Hurrelbrink
 
 
 
 
Vice President
 



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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,
 
 
 
November 28, 2012, I have hereunto
 
 
 
subscribed my name and caused my seal of
 
 
 
office to be affixed to these presents at the
 
[Seal]
 
U.S. Department of the Treasury, in the City
 
 
 
of Washington, District of Columbia.
 
 
 
 
 
 
 
 
 
 
 
/s/ Thomas J. Curry
 
 
 
 
Comptroller of the Currency



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Exhibit 3




Comptroller of the Currency
Administrator of National Banks
Washington, DC 20219


CERTIFICATE OF CORPORATE EXISTENCE AND FIDUCIARY POWERS

I, John Walsh, Acting 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 and exercise fiduciary powers on the date
of this certificate.



 
 
 
IN TESTIMONY WHEREOF, today, March 19, 2012,
 
 
 
I have hereunto subscribed my name and caused my
 
 
 
seal of office to be affixed to these presents at the
 
[Seal]
 
U.S. Department of the Treasury, in the City of
 
 
 
Washington, District of Columbia.
 
 
 
 
 
 
 
 
 
 
 
/s/ John Walsh
 
 
 
 
Acting Comptroller of the Currency




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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: March 21, 2013



 
 
By:
/s/ Donald T. Hurrelbrink
 
 
 
Donald T. Hurrelbrink
 
 
 
 
Vice President
 



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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 12/31/2012

($000's)

 
 
12/31/2012
Assets
 
 
Cash and Balances Due From
 
$
8,252,302

Depository Institutions
 
 
Securities
 
74,022,528

Federal Funds
 
74,234

Loans & Lease Financing Receivables
 
219,884,343

Fixed Assets
 
5,024,268

Intangible Assets
 
12,542,566

Other Assets
 
25,288,375

Total Assets
 
345,088,616

 
 
 
Liabilities
 
 
Deposits
 
$
253,686,214

Fed Funds
 
4,291,213

Treasury Demand Notes
 

Trading Liabilities
 
404,237

Other Borrowed Money
 
30,911,125

Acceptances
 

Subordinated Notes and Debentures
 
4,736,320

Other Liabilities
 
11,473,186

Total Liabilities
 
$
305,502,295

 
 
 
Equity
 
 
Common and Preferred Stock
 
18,200

Surplus
 
14,133,290

Undivided Profits
 
23,981,892

Minority Interest in Subsidiaries
 
1,452,939

Total Equity Capital
 
$
39,586,321

 
 
 
Total Liabilities and Equity Capital
 
$
345,088,616



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