EX-25.1 205 a2187815zex-25_1.htm STATEMENT ON FORM T-1 OF U.S. BANK

Exhibit 25.1

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM T-1

 

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 Number.

 

800 Nicollet Mall

 

 

Minneapolis, Minnesota

 

55402

(Address of principal executive offices)

 

(Zip Code)

 

Wally Jones

U.S. Bank National Association

150 Fourth Avenue North, 2nd Floor

Nashville, TN 37219

(615) 251-0733

(Name, address and telephone number of agent for service)

 

Symbion, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

62-1625480

(State or other jurisdiction of incorporation or organization)

 

(I.R.S. Employer Identification No.)

 

 

 

40 Burton Hills Boulevard, Suite 500,
Nashville, Tennessee

 

37215

(Address of principal executive offices)

 

(Zip Code)

 

Debt Securities

11.00%/11.75% Senior PIK Toggle Notes due 2015

 


 

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 hereto as Exhibit 6.

 

7.               Report of Condition of the Trustee as of June 30, 2008 published pursuant to law or the requirements of its supervising or examining authority.

 

Attached hereto as Exhibit 7.

 

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* 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, 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 to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Nashville, and State of Tennessee, on the 19th day of September, 2008.

 

 

By:

/s/ Wally Jones

 

 

Wally Jones

 

 

Vice President

 

 

 

 

By:

/s/ Donna L Williams

 

 

Donna L Williams

 

 

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:

September 19, 2008

 

 

 

 

 

 

 

 

 

By:

/s/ Wally Jones

 

 

Wally Jones

 

 

Vice President

 

 

 

 

By:

/s/ Donna L Williams

 

 

Donna L Williams

 

 

Vice President

 

 

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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 6/30/2008

($000’s)

 

 

 

6/30/2008

 

Assets

 

 

 

Cash and Balances Due From Depository Institutions

 

$

8,040,113

 

Securities

 

38,273,740

 

Federal Funds

 

4,300,502

 

Loans & Lease Financing Receivables

 

162,625,350

 

Fixed Assets

 

2,638,883

 

Intangible Assets

 

12,303,139

 

Other Assets

 

14,126,201

 

Total Assets

 

$

242,307,928

 

 

 

 

 

Liabilities

 

 

 

Deposits

 

$

143,265,079

 

Fed Funds

 

13,193,537

 

Treasury Demand Notes

 

0

 

Trading Liabilities

 

490,836

 

Other Borrowed Money

 

47,378,092

 

Acceptances

 

0

 

Subordinated Notes and Debentures

 

7,647,466

 

Other Liabilities

 

7,266,430

 

Total Liabilities

 

$

219,241,440

 

 

 

 

 

Equity

 

 

 

Minority Interest in Subsidiaries

 

$

1,524,656

 

Common and Preferred Stock

 

18,200

 

Surplus

 

12,057,620

 

Undivided Profits

 

9,466,012

 

Total Equity Capital

 

$

23,066,488

 

 

 

 

 

Total Liabilities and Equity Capital

 

$

242,307,928

 

 

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/ Wally Jones

 

 

Vice President

 

 

 

Date: September 19, 2008

 

 

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