EX-25.1 93 c58553_ex25-1.htm c58553_ex25-1.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

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)

Jack Ellerin
U.S. Bank National Association
1349 W. Peachtree Street, Suite 1050
Atlanta, GA 30309
(404) 898-8830
(Name, address and telephone number of agent for service)

Wendy’s/Arby’s Restaurants, LLC
(Issuer with respect to the Securities)

Delaware 38-0471180
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)
   

1155 Perimeter Center West, Atlanta, GA 30338
(Address of Principal Executive Offices) (Zip Code)

10.00% Senior Notes due 2016
(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.*
 
 
3.
A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*
 
 
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 June 30, 2009 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 333-145601 filed on August 21, 2007.

 

          

          


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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 Atlanta, State of Georgia on the 18th of August, 2009.

  By: /s/ Jack Ellerin  
    Jack Ellerin  
    Vice President  

By: /s/ Muriel Shaw  
  Muriel Shaw  
  Assistant Vice President  

 

 

 

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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: August 18, 2009

  By: /s/ Jack Ellerin  
    Jack Ellerin  
    Vice President  

By: /s/ Muriel Shaw  
  Muriel Shaw  
  Vice President  

 

 

 

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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2009

($000’s)

   
6/30/2009
 
Assets        
         Cash and Balances Due From Depository Institutions   $ 6,526,915  
         Securities     38,971,863  
         Federal Funds     3,558,381  
         Loans & Lease Financing Receivables     180,342,925  
         Fixed Assets     4,176,818  
         Intangible Assets     12,451,763  
         Other Assets     14,416,029  
         Total Assets   $ 260,444,694  
 
Liabilities        
         Deposits   $ 174,406,310  
         Fed Funds     11,988,123  
         Treasury Demand Notes     0  
         Trading Liabilities     385,470  
         Other Borrowed Money     34,999,265  
         Acceptances     0  
         Subordinated Notes and Debentures     7,779,967  
         Other Liabilities     6,530,991  
         Total Liabilities   $ 236,090,126  
 
Equity        
         Minority Interest in Subsidiaries   $ 1,647,451  
         Common and Preferred Stock     18,200  
         Surplus     12,642,020  
         Undivided Profits     10,046,897  
              Total Equity Capital   $ 24,354,568  
 
Total Liabilities and Equity Capital   $ 260,444,694  
         
         
To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.

U.S. Bank National Association

By: /s/ Jack Ellerin  
  Vice President  

Date: August 18, 2009

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