EX-25.1 8 g22981exv25w1.htm EX-25.1 exv25w1
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 ACTS 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 Number
     
800 Nicollet Mall
Minneapolis, Minnesota 		  55402
     
(Address of principal executive offices)   (Zip Code)
Raymond S. Haverstock
U.S. Bank National Association
60 Livingston Avenue
St. Paul, MN 55107
(651) 495-3918
(Name, address and telephone number of agent for service)
Vector Group Ltd.
(Issuer with respect to the Securities)
     
Delaware   65-0949535
     
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)
     
100 S.E. Second Street
Miami, Florida 		  33131
     
(Address of Principal Executive Offices)   (Zip Code)
11% Senior Secured Notes Due 2015
(Title of the Indenture Securities)
 
 

 

 

             
Exact Name of Registrant       State of   I.R.S. Employer
Guarantor as Specified in       Incorporation or   Identification
its Charter   Address and Phone Number   Organization   Number
100 Maple LLC
  c/o Liggett Vector Brands Inc.
3800 Paramount Parkway, Suite 250
PO Box 2010
Morrisville, NC 27560
(919) 990-3500 		  Delaware   65-0960238
 
            
 
            
Eve Holdings, Inc.
  1105 N. Market Street
Suite 617
Wilmington, DE 19801
(302) 651-8300 		  Delaware   56-1703877
 
            
Liggett & Myers Holdings, Inc.
  100 S.E. Second Street
32nd Floor
Miami, FL 33131
(305) 579-8000 		  Delaware   51-0413146
 
            
Liggett & Myers Inc.
  c/o Liggett Vector Brands Inc.
3800 Paramount Parkway, Suite 250
PO Box 2010
Morrisville, NC 27560
(919) 990-3500
   Delaware   56-1110146
 
            
Liggett Group LLC
  c/o Liggett Vector Brands Inc.
3800 Paramount Parkway, Suite 250
PO Box 2010
Morrisville, NC 27560
(919) 990-3500
   Delaware   56-1702115
 
            
Liggett Vector Brands Inc.
  3800 Paramount Parkway,
Suite 250
P.O. Box 2010
Morrisville, NC 27560
(305) 579-8000
   Delaware   74-3040463
 
            
V.T. Aviation LLC
  3800 Paramount Parkway,
Suite 250
P.O. Box 2010
Morrisville, NC 27560
(919) 990-3500
   Delaware   51-0405537
 
            
Vector Research LLC
  c/o Liggett Vector Brands Inc.
3800 Paramount Parkway, Suite 250
PO Box 2010
Morrisville, NC 27560
(919) 990-3500
   Delaware   65-1058692
 
            
Vector Tobacco Inc.
  c/o Liggett Vector Brands Inc.
3800 Paramount Parkway, Suite 250
PO Box 2010
Morrisville, NC 27560
(919) 990-3500
   Virginia   54-1814147
 
            

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Exact Name of Registrant       State of   I.R.S. Employer
Guarantor as Specified in       Incorporation or   Identification
its Charter   Address and Phone Number   Organization   Number
VGR Aviation LLC
  3800 Paramount Parkway,
Suite 250
P.O. Box 2010
Morrisville, NC 27560
(919) 990-3500
   Delaware   65-0949535
 
            
VGR Holding LLC
  100 S.E. Second Street
32nd Floor
Miami, Florida 33131
(305) 579-8000 		  Delaware   65-0949536
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 December 31, 2009 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

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*   Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on Form S-4, Registration Number 333-128217 filed on November 15, 2005.
 
**   Incorporated by reference to Exhibit 25.1 to registration statement on Form 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 St. Paul, State of Minnesota on the 8th of April, 2010
         
     
  By:   /s/ Raymond S. Haverstock    
    Raymond S. Haverstock   
    Vice President   
 
         
   
By:   /s/ Joshua Hahn    
  Joshua Hahn   
  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: April 8th 2010
         
     
  By:   /s/ Raymond S. Haverstock    
    Raymond S. Haverstock   
    Vice President   
 
         
   
By:   /s/ Joshua Hahn    
  Joshua Hahn   
  Assistant Vice President   

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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
Exhibit 7
As of 12/31/2009
($000’s)
         
    12/31/2009  
Assets
        
Cash and Balances Due From Depository Institutions
   $ 6,198,904  
Securities
     43,054,635  
Federal Funds
     3,431,853  
Loans & Lease Financing Receivables
     189,772,027  
Fixed Assets
     4,797,639  
Intangible Assets
     13,399,731  
Other Assets
     15,721,341  
 
      
Total Assets
   $ 276,376,130  
 
        
Liabilities
        
Deposits
   $ 194,253,182  
Fed Funds
     10,148,686  
Treasury Demand Notes
     0  
Trading Liabilities
     345,396  
Other Borrowed Money
     31,068,244  
Acceptances
     0  
Subordinated Notes and Debentures
     7,629,967  
Other Liabilities
     6,705,043  
 
      
Total Liabilities
   $ 250,150,518  
 
        
Equity
        
Minority Interest in Subsidiaries
   $ 1,629,447  
Common and Preferred Stock
     18,200  
Surplus
     12,642,020  
Undivided Profits
     11,935,945  
 
      
Total Equity Capital
   $ 26,225,612  
 
        
Total Liabilities and Equity Capital
   $ 276,376,130  
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/ Raymond S. Haverstock    
  Vice President   
     
 
Date: April 8, 2010

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