EX-25.1 82 dex251.htm STATEMENT OF ELIGIBILITY Statement of Eligibility

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)

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

A National Banking Association     94-1347393

(Jurisdiction of incorporation or

organization if not a U.S. national bank)

   

(I.R.S. Employer

Identification No.)

 

101 North Phillips Avenue

Sioux Falls, South Dakota

    57104
(Address of principal executive offices)     (Zip code)

Wells Fargo & Company

Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

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

 

 

Biomet, Inc.(1)

(Exact name of obligor as specified in its charter)

 

Indiana     35-1418342

(State or other jurisdiction of

incorporation or organization)

   

(I.R.S. Employer

Identification No.)

 

56 East Bell Drive, Warsaw, Indiana     46582
(Address of principal executive offices)     (Zip code)

 

 

10% Senior Notes Due 2017

10 3/8%/11 1/8% Senior Toggle Notes due 2017

(Title of the indenture securities)

 

 

 

1

See Table 1 – List of additional obligors


Table 1

Table of Additional Obligors

 

Name of Additional Obligors

  

State or Other Jurisdiction of
Incorporation or Formation

 

I.R.S Employer Identification Number

  

Address

Biolectron, Inc.

   Delaware   13-2914413   

3200 Las Vegas Blvd.

Las Vegas, NV 89109

Biomet 3i, LLC

   Florida   59-2816882   

4555 Riverside Drive

Palm Beach Gardens,

FL 33410

Biomet Biologics, LLC

   Indiana   03-0479652   

56 E. Bell Drive

Warsaw, IN 46582

Biomet Europe Ltd.

   Delaware   35-1603620   

Toermalijnring 600

3316 LC Dordrecht

The Netherlands

Biomet Fair Lawn, LLC

   Indiana   31-1651311   

20-01 Pollitt Drive

Fairlawn, NJ 07410

Biomet Holdings Ltd.

   Delaware   35-2022857   

56 E. Bell Drive

Warsaw, IN 46582

Biomet International Ltd.

   Delaware   35-2046422   

56 E. Bell Drive

Warsaw, IN 46582

Biomet Leasing, Inc.

   Indiana   35-2076217   

56 E. Bell Drive

Warsaw, IN 46582

Biomet Manufacturing Corporation

   Indiana   35-2074039   

56 E. Bell Drive

Warsaw, IN 46582

Biomet Microfixation, LLC

   Florida   59-1692523   

1520 Tradeport Drive

Jacksonville, FL

32218-2482

Biomet Orthopedics, LLC

   Indiana   35-2074037   

56 E. Bell Drive

Warsaw, IN 46582

Biomet Sports Medicine, LLC

   Indiana   35-1803072   

56 E. Bell Drive

Warsaw, IN 46852

Biomet Travel, Inc.

   Indiana   56-2284205   

56 E. Bell Drive

Warsaw, IN 46852

Blue Moon Diagnostics, Inc.

   Indiana   35-2070282   

56 E. Bell Drive

Warsaw, IN 46852

Cross Medical Products, LLC

   Delaware   31-0992628   

181 Technology Drive

Irvine, CA 92618

EBI Holdings, LLC

   Delaware   22-2407246   

100 Interpace Parkway

Parsippany, NJ 07054

EBI, LLC

   Indiana   31-1651314   

100 Interpace Parkway

Parsippany, NJ 07054

EBI Medical Systems, LLC

   Delaware   22-2406619   

100 Interpace Parkway

Parsippany, NJ 07054

Electro-Biology, LLC

   Delaware   22-2278360   

6 Upper Pond Road

Parsippany, NJ 07054-1079


Biomet Florida Services, LLC

   Florida   20-0388276   

4555 Riverside Drive

Palm Beach Gardens,

FL 33410

Implant Innovations Holdings, LLC

   Indiana   35-2088040   

56 E. Bell Drive

Warsaw, IN 46852

Interpore Cross International, LLC

   California   33-0818017   

181 Technology Drive

Irvine, CA 92618

Interpore Spine Ltd.

   Delaware   95-3043318   

181 Technology Drive

Irvine, CA 92618

Kirschner Medical Corporation

   Delaware   52-1319702   

100 Interpace Parkway

Parsippany, NJ 07054

Meridew Medical, Inc.

   Indiana   35-2151951   

56 E. Bell Drive

Warsaw, IN 46580

Thoramet, Inc.

   Indiana   35-2070281   

56 E. Bell Drive

Warsaw, IN 46580


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

Treasury Department

Washington, D.C.

Federal Deposit Insurance Corporation

Washington, D.C.

Federal Reserve Bank of San Francisco

San Francisco, California 94120

 

  (b) Whether it is authorized to exercise corporate trust powers.

The trustee is authorized to exercise corporate trust powers.

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

Item 15. Foreign Trustee. Not applicable.

Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.

 

Exhibit 1.

   A copy of the Articles of Association of the trustee as now in effect.*

Exhibit 2.

   A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**

Exhibit 3.

   See Exhibit 2.

Exhibit 4.

   Copy of By-laws of the trustee as now in effect.***

Exhibit 5.

   Not applicable.

Exhibit 6.

   The consent of the trustee required by Section 321(b) of the Act.

Exhibit 7.

   A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.

Exhibit 8.

   Not applicable.

Exhibit 9.

   Not applicable.

 

* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of Hornbeck Offshore Services LLC file number 333-130784-06.
** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.
*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of Penn National Gaming Inc. file number 333-125274.


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo 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 Minneapolis and State of Minnesota on the 15th day of April 2008.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ Jane Schweiger

Jane Schweiger
Vice President


EXHIBIT 6

4/15/2008

Securities and Exchange Commission

Washington, D.C. 20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

Very truly yours,
WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ Jane Schweiger

Jane Schweiger

Vice President


EXHIBIT 7

Consolidated Report of Condition of

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business December 31, 2007, filed in accordance with 12 U.S.C. §161 for National Banks.

 

          Dollar Amounts
In Millions

ASSETS

     

Cash and balances due from depository institutions:

     

Noninterest-bearing balances and currency and coin

      $ 14,641

Interest-bearing balances

        1,062

Securities:

     

Held-to-maturity securities

        0

Available-for-sale securities

        62,907

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold in domestic offices

        19,757

Securities purchased under agreements to resell

        734

Loans and lease financing receivables:

     

Loans and leases held for sale

        16,660

Loans and leases, net of unearned income

   290,643   

LESS: Allowance for loan and lease losses

   3,625   

Loans and leases, net of unearned income and allowance

        287,018

Trading Assets

        6,244

Premises and fixed assets (including capitalized leases)

        4,282

Other real estate owned

        946

Investments in unconsolidated subsidiaries and associated companies

        458

Intangible assets

     

Goodwill

        9,730

Other intangible assets

        17,916

Other assets

        25,506
         

Total assets

      $ 467,861
         

LIABILITIES

     

Deposits:

     

In domestic offices

      $ 273,931

Noninterest-bearing

   71,910   

Interest-bearing

   202,021   

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        69,787

Noninterest-bearing

   9   

Interest-bearing

   69,778   

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased in domestic offices

        14,049

Securities sold under agreements to repurchase

        7,248


     Dollar Amounts
In Millions

Trading liabilities

     3,821

Other borrowed money

  

(includes mortgage indebtedness and obligations under capitalized leases)

     30,268

Subordinated notes and debentures

     10,877

Other liabilities

     16,108
      

Total liabilities

   $ 426,089

Minority interest in consolidated subsidiaries

     57

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0

Common stock

     520

Surplus (exclude all surplus related to preferred stock)

     25,877

Retained earnings

     14,425

Accumulated other comprehensive income

     893

Other equity capital components

     0
      

Total equity capital

     41,715
      

Total liabilities, minority interest, and equity capital

   $ 467,861
      

I, Howard I. Atkins, EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

 

Howard I. Atkins
EVP & CFO

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

 

Michael Loughlin  
John Stumpf   Directors
Carrie Tolstedt