EX-25 10 exhibit25.htm FORM T-1 STATEMENT OF ELIGIBILITY OF US BANK exhibit25.htm
 
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)
 
 
Christine Robinette
U.S. Bank National Association
60 Livingston Avenue
St. Paul, MN 55107
(651) 495-3917
(Name, address and telephone number of agent for service)
 
 
Ply Gem Industries, Inc.
(Issuer with respect to the Securities)
Delaware
11-1727150
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
   

5020 Weston Parkway, Suite 400
Cary, North Carolina
 
27513
(Address of Principal Executive Offices)
(Zip Code)

13.125% Senior Subordinated Notes Due 2014
(Title of the Indenture Securities)





 
 
 


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.
 
 
* 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 333-159463 filed on August 21, 2009.


 
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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/ Christine Robinette
 
Christine Robinette
 
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/ Christine Robinette
 
Christine Robinette
 
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/ Christine Robinette_
            Vice President
 
Date:  April 8th , 2010

 
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