EX-25 9 d504011dex25.htm STATEMENT OF ELIGIBILITY OF TRUSTEE ON FORM T-1 Statement of Eligibility of Trustee on Form T-1

Exhibit 25

 

 

 

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)

Brad Hounsel

U.S. Bank National Association

14241 Dallas Parkway, Suite 490

Dallas, TX 75254

(972) 458-4506

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

 

 

Clear Channel Communications, Inc.

(Issuer with respect to the Securities)

 

 

 

Texas   74-1787539

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

200 East Basse Road

San Antonio, Texas

  78209
(Address of Principal Executive Offices)   (Zip Code)

 

 

9% Priority Guarantee Notes Due 2019

and

11.25% Priority Guarantee Notes Due 2021

(Title of the Indenture Securities)

 

 

 


TABLE OF ADDITIONAL GUARANTOR OBIGLORS

 

Exact Name of

Additional Guraantor Obligors*

   Jurisdiction
of
Formation
   I.R.S. Employer
Identification  No.
 

Clear Channel Capital I, LLC

   Delaware      27-0263715   

AMFM Broadcasting, Inc.

   Delaware      95-4068583   

AMFM Operating Inc.

   Delaware      13-3649750   

Citicasters Licenses, Inc.

   Texas      90-0183894   

Capstar Radio Operating Company

   Delaware      13-3922738   

CC Broadcast Holdings, Inc.

   Nevada      20-2302507   

Christal Radio Sales, Inc.

   Delaware      13-2618663   

Cine Guarantors II, Inc.

   California      95-2960196   

Citicasters Co.

   Ohio      31-1081002   

Clear Channel Broadcasting Licenses, Inc.

   Nevada      88-0309517   

Clear Channel Broadcasting, Inc.

   Nevada      74-2722883   

Clear Channel Identity, Inc.

   Texas      27-1992018   

Clear Channel Holdings, Inc.

   Nevada      88-0318078   

Clear Channel Investments, Inc.

   Nevada      91-1883551   

Clear Channel Management Services, Inc.

   Texas      02-0619566   

Clear Channel Mexico Holdings, Inc.

   Nevada      20-2303205   

Clear Channel Satellite Services, Inc.

   Delaware      31-1125479   

Critical Mass Media, Inc.

   Ohio      31-1228174   

Katz Communications, Inc.

   Delaware      13-0904500   

Katz Media Group, Inc.

   Delaware      13-3779266   

Katz Millennium Sales & Marketing Inc.

   Delaware      06-0963166   

Katz Net Radio Sales, Inc.

   Delaware      74-3221051   

M Street Corporation

   Washington      54-1526578   

Premiere Radio Networks, Inc.

   Delaware      95-4083971   

Terrestrial RF Licensing, Inc.

   Nevada      55-0858211   

CC Licenses, LLC

   Delaware      20-3498527   

Clear Channel Real Estate, LLC

   Delaware      74-2745435   

AMFM Broadcasting Licenses, LLC

   Delaware      01-0824545   

AMFM Radio Licenses, LLC

   Delaware      75-2779594   

AMFM Texas, LLC

   Delaware      74-2939082   

AMFM Texas Broadcasting, LP

   Delaware      75-2486577   

AMFM Texas Licenses, LLC

   Texas      75-2486580   

Capstar TX, LLC

   Texas      13-3933048   

CC Finco Holdings, LLC

   Delaware      26-3757034   

 

* The address, including zip code, and telephone number, including area code, of each additional Guarantor Obligor’s principal executive office is the same as Clear Channel Communications, Inc.

 

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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, 2012 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 S-4, Registration Number 333-166527 filed on May 5, 2010.

 

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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 Dallas, State of Texas on the 3rd of April, 2013.

 

By:    

/s/ Brad Hounsel

  Brad Hounsel
  Vice President

 

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Exhibit 2

 

LOGO

 

 

Comptroller of the Currency

Administrator of National Banks

 

Washington, D.C. 20219

CERTIFICATE OF CORPORATE EXISTENCE

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.

 

 

LOGO

 

 

 

IN TESTIMONY WHEREOF, today,

 

November 28, 2012, I have hereunto

 

subscribed my name and caused my seal of

 

office to be affixed to these presents at the

 

U.S. Department of the Treasury, in the City

 

of Washington, District of Columbia

 

  LOGO

 

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Exhibit 3

 

LOGO

 

 

Comptroller of the Currency

Administrator of National Banks

 

 

Washington, DC 20219

CERTIFICATE OF CORPORATE EXISTENCE AND FIDUCIARY POWERS

I, John Walsh, Acting Comptroller of the Currency, do hereby certify that:

1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq., as amended, and 12 U.S.C. 1, et seq., as amended, has possession, custody and control of all records pertaining to the chartering, regulation and supervision of all National Banking Associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio, (Charter No. 24), is a National Banking Association formed under the laws of the United States and is authorized thereunder to transact the business of banking and exercise fiduciary powers on the date of this Certificate.

 

LOGO   

IN TESTIMONY WHEREOF, today, March

 

19, 2013, I have hereunto subscribed my name

 

and caused my seal of office to be affixed to

 

these presents at the U.S. Department of the

 

Treasury, in the City of Washington, District of

 

Columbia.

   LOGO
  

 

Acting Comptroller of the Currency

 

6


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 3, 2013

 

By:  

 

/s/ Brad Hounsel

  Brad Hounsel
  Vice President

 

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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 12/31/2012

($000’s)

 

     12/31/2012  

Assets

  

Cash and Balances Due From Depository Institutions

   $ 8,252,302   

Securities

     74,022,528   

Federal Funds

     74,234   

Loans & Lease Financing Receivables

     219,884,343   

Fixed Assets

     5,024,268   

Intangible Assets

     12,542,566   

Other Assets

     25,288,375   
  

 

 

 

Total Assets

   $ 345,088,616   
  

 

 

 

Liabilities

  

Deposits

   $ 253,686,214   

Fed Funds

     4,291,213   

Treasury Demand Notes

     0   

Trading Liabilities

     404,237   

Other Borrowed Money

     30,911,125   

Acceptances

     0   

Subordinated Notes and Debentures

     4,736,320   

Other Liabilities

     11,473,186   
  

 

 

 

Total Liabilities

   $ 305,502,295   
  

 

 

 

Equity

  

Common and Preferred Stock

     18,200   

Surplus

     14,133,290   

Undivided Profits

     23,981,892   

Minority Interest in Subsidiaries

   $ 1,452,939   
  

 

 

 

Total Equity Capital

   $ 39,586,321   
  

 

 

 

Total Liabilities and Equity Capital

   $ 345,088,616   
  

 

 

 

 

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