EX-25.1 11 tphs-3ex251.htm EXHIBIT 25.1 Exhibit

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)
                        
Fonda Hall
U.S. Bank National Association
633 W 5th Street
Los Angeles, CA 90071
(213) 615-6023
(Name, address and telephone number of agent for service)
                                                       
Tri Pointe Group, Inc.
(Issuer with respect to the Securities)
Delaware
61-1763235
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
 
 

19540 Jamboree Road, Suite 300
Irvine, California
92612
(Address of Principal Executive Offices)
(Zip Code)
    
Debt Securities
(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, 2019 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 form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.


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 Los Angeles, State of California on the 3rd of June, 2020.

 
By:
/s/ Fonda Hall
 
 
Fonda Hall
 
 
Vice President


3


Exhibit 2
tph1.jpg

4


Exhibit 3
tph2.jpg

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 therefor.


Dated: June 3, 2020
 
By:
/s/ Fonda Hall
 
 
Fonda Hall
 
 
Vice President



6


Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 12/31/2019

($000’s)
 
 
12/31/2019
Assets
 
$
22,256,667
Cash and Balances Due From
 
 
Depository Institutions
 
120,982,766
Securities
 
881,341
Federal Funds
 
297,660,359
Loans & Lease Financing Receivables
 
5,895,381
Fixed Assets
 
12,915,451
Intangible Assets
 
25,412,255
Other Assets
 
$
486,004,220
Total Assets
 
 
 
 
 
Liabilities
 
 
Deposits
 
$
374,303,872
Fed Funds
 
1,094,396
Treasury Demand Notes
 
0
Trading Liabilities
 
769,407
Other Borrowed Money
 
41,653,916
Acceptances
 
0
Subordinated Notes and Debentures
 
3,850,000
Other Liabilities
 
14,940,126
Total Liabilities
 
$
436,611,717
 
 
 
Equity
 
 
Common and Preferred Stock
 
18,200
Surplus
 
14,266,915
Undivided Profits
 
34,306,761
Minority Interest in Subsidiaries
 
800,627
Total Equity Capital
 
$
49,392,503
 
 
 
Total Liabilities and Equity Capital
 
$
486,004,220


7