EX-25 8 exh25.htm FORM T-1 - U.S. BANK NATIONAL ASSOCIATION exh25.htm

 
Exhibit 25
 
UNITED STATES
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
(Address of principal executive offices)
 
55402
(Zip Code)
____________

Paul Henderson
U.S. Bank National Association
1349 West Peachtree Street
Suite 1050
Atlanta, Georgia 30309
(404) 965-7218
(Name, address and telephone number of agent for service)
 
Interface, Inc.
(exact name of obligor as specified in its charter)

Georgia
(State or other jurisdiction of incorporation or organization)
 
 
58-1451243
(I.RS. Employer Identification No.)
2859 Paces Ferry Road, Suite 2000
Atlanta, Georgia
 (Address of principal executive offices)
 
30339
(Zip Code)
 

____________

11.375% Senior Secured Notes due 2013
(Title of the indenture securities)

 


 
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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.
 
Federal Deposit Insurance Company
Washington, D.C.
 
The 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.
 
Items 3.-15.
Items 3 – 15 are not applicable because the obligor is not in default under any indenture under which U.S. Bank National Association (the “Trustee”) acts as trustee.
 
Item 16.
List of Exhibits.
 
List below all exhibits filed as a part of this statement of eligibility; provided that exhibits identified in parentheses are filed with the Commission and are incorporated herein by reference as exhibits hereto pursuant to Rule 7a-29 under the Trust Indenture Act of 1939, as amended, and 17 C.F.R. 229.10(d).
 
1.  
A copy of the articles of association of the Trustee as now in effect.  (Exhibit 25.1 to Amendment No. 2 to Form S-4, Registration Number 333-128217, filed by Revlon Consumer Products Corp.)
 
2.  
A copy of the certificate of authority of the Trustee to commence business, is contained in the articles of association referred to in Paragraph 1 above.
 
3.  
A copy of the authorization of the Trustee to exercise corporate trust powers.  (Exhibit 25.1 to Form S-3ASR, Registration Number 333-155592, filed by ONEOK, Inc.)
 
4.  
A copy of the existing by-laws of the Trustee as now in effect.  (Exhibit 25.1 to Form S-4, Registration Number 333-145601, filed by iPCS, Inc.)
 

 
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5.  
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.  
A copy of the latest report of condition of the Trustee published pursuant to law or the requirements of its supervising or examining authority as of the close of business on March 31, 2009, attached as Exhibit 7.
 
8.  
Not Applicable.
 
9.  
Not Applicable.
 

 
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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 and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Atlanta, State of Georgia, on the 28th day of July, 2009.
 

 
 
U.S. BANK NATIONAL ASSOCIATION
 
 
By: /s/ Paul Henderson                                 
Paul Henderson
Assistant Vice President
   
   

 






 
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Exhibit 6

CONSENT OF TRUSTEE

 
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:  July 28, 2009
 
 
U.S. BANK NATIONAL ASSOCIATION
 
 
By: /s/ Paul Henderson                          
Paul Henderson
Assistant Vice President
   
   

 



 
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Exhibit 7
REPORT OF CONDITION
(ATTACHED)
 


 
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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of March 31, 2009

($000’s)

   
3/31/2009
 
Assets
     
Cash and Balances Due From Depository Institutions
  $ 6,290,222  
Securities
    37,422,789  
Federal Funds
    3,418,378  
Loans & Lease Financing Receivables
    180,410,691  
Fixed Assets
    4,527,063  
Intangible Assets
    12,182,455  
Other Assets
    14,275,149  
Total Assets
  $ 258,526,747  
         
Liabilities
       
Deposits
  $ 175,049,211  
Fed Funds
    10,281,149  
Treasury Demand Notes
    0  
Trading Liabilities
    745,122  
Other Borrowed Money
    34,732,595  
Acceptances
    0  
Subordinated Notes and Debentures
    7,779,967  
Other Liabilities
    6,523,925  
Total Liabilities
  $ 235,111,969  
         
Equity
       
Minority Interest in Subsidiaries
  $ 1,650,987  
Common and Preferred Stock
    18,200  
Surplus
    12,642,020  
Undivided Profits
    9,103,571  
Total Equity Capital
  $ 23,414,778  
         
Total Liabilities and Equity Capital
  $ 258,526,747  
         


 
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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/ Paul Henderson                          
Paul Henderson
Assistant Vice President
 
Date:  April 22, 2009
 
   








 
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