EX-25.1 10 dex251.htm FORM T-1 Form T-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) x

 


 

J. P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

    95-4655078

(State of incorporation

if not a national bank)

 

(I.R.S. employer

identification No.)

1999 Avenue of the Stars-Floor 26

                         Los Angeles, California

  90067
(Address of principal executive offices)   (Zip Code)

 

William H. McDavid

General Counsel

270 Park Avenue

New York, New York 10017

Tel: (212) 270-2611

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

 


 

Richardson Electronics, Ltd.

(Exact name of obligor as specified in its charter)

 

Illinois

  36-2096643

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification No.)

 

40W267 Keslinger Road

                                 P. O. Box 393

                                 LaFox, Illinois

  60147-03963
(Address of principal executive offices)   (Zip Code)

 

DEBT SECURITIES

(Title of the indenture securities)


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.

Board of Governors of the Federal Reserve System, 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.

 

Item 16. List of Exhibits.

 

List below all exhibits filed as part of this statement of eligibility.

 

Exhibit 1.    Articles of Association of the Trustee as Now in Effect (see Exhibit 1 to Form T-1 filed in connection with Form 8-K of the Southern California Water Company filing, dated December 7, 2001, which is incorporated by reference).
Exhibit 2.    Certificate of Authority of the Trustee to Commence Business (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 333-41329, which is incorporated by reference).
Exhibit 3.    Authorization of the Trustee to Exercise Corporate Trust Powers (contained in Exhibit 2).
Exhibit 4.    Existing By-Laws of the Trustee (see Exhibit 4 to Form T-1 filed in connection with Form 8-K of the Southern California Water Company filing, dated December 7, 2001, which is incorporated by reference).
Exhibit 5.    Not Applicable
Exhibit 6.    The consent of the Trustee required by Section 321 (b) of the Act (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 333-41329, which is incorporated by reference).
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


SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, J. P. Morgan Trust Company, National Association, 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 Chicago, and State of Illinois, on the 12th day of May, 2005.

 

J. P. Morgan Trust Company, National Association
By  

/s/ Sharon McGrath


    Sharon McGrath
    Assistant Vice President


Exhibit 7. Report of Condition of the Trustee.

 

J. P. Morgan Trust Company, National Association

Statement of Condition

 

September 30, 2004

 

     ($000)

Assets

      

Cash and Due From Banks

   $ 28,672

Securities

     145,134

Loans and Leases

     110,847

Premises and Fixed Assets

     11,202

Intangible Assets

     384,284

Goodwill

     201,011

Other Assets

     45,941
    

Total Assets

   $ 927,091
    

Liabilities

      

Deposits

   $ 94,426

Other Liabilities

     55,575
    

Total Liabilities

     150,001

Equity Capital

      

Common Stock

     600

Surplus

     701,587

Retained Earnings

     74,903
    

Total Equity Capital

     777,090
    

Total Liabilities and Equity Capital

   $ 927,091