EX-25 11 exhibit25.htm FORM T-1 STATEMENT OF ELIGIBILITY OF WELLS FARGO 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
_____________________________

 x CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b) (2)

WELLS FARGO BANK, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)

A National Banking Association
 
94-1347393
(Jurisdiction of incorporation or
 
(I.R.S. Employer
organization if not a U.S. national
 
Identification No.)
bank)
   
     
101 North Phillips Avenue
 
57104
Sioux Falls, South Dakota
 
(Zip code)
(Address of principal executive offices)
   

Wells Fargo & Company
Law Department, Trust Section
MAC N9305-175
Sixth Street and Marquette Avenue, 17th Floor
Minneapolis, Minnesota 55479
(612) 667-4608
(Name, address and telephone number of agent for service)
_____________________________

Ply Gem Holdings, Inc.
Ply Gem Industries, Inc.
(Exact name of obligor as specified in its charter)

Delaware
 
20-0645710
Delaware
 
11-1727150
(State or other jurisdiction of
 
(I.R.S. Employer
incorporation or organization)
 
Identification No.)


5020 Weston Parkway, Suite 400
Cary, North Carolina 27513
(Address of principal executive offices)
______________________________
                                   
8.25% Senior Secured Notes Due 2018
(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
 
Treasury Department
 
Washington, D.C.

 
Federal Deposit Insurance Corporation
 
Washington, D.C.

 
Federal Reserve Bank of San Francisco
 
San Francisco, California 94120

 
(b)
Whether it is authorized to exercise corporate trust powers.

 
The trustee is authorized to exercise corporate trust powers.

Item 2.    Affiliations with Obligor.  If the obligor is an affiliate of the trustee, describe each such affiliation.

 
None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

Item 15.  Foreign Trustee.                   Not applicable.

Item 16.  List of Exhibits.
List below all exhibits filed as a part of this Statement of Eligibility.
 
Exhibit 1.
A copy of the Articles of Association of the trustee now in effect.*

Exhibit 2.
A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank,
National Association, dated February 4, 2004.**

Exhibit 3.
See Exhibit 2

Exhibit 4.
Copy of By-laws of the trustee as now in effect.***

Exhibit 5.
Not applicable.

Exhibit 6.
The consent of the trustee required by Section 321(b) of the Act.

 
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.
 
 
*      Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784-06.

**    Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of file number 022-28721.

*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of file number 333-125274.


 
 

 


SIGNATURE


Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo 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 to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Minneapolis and State of Minnesota on the 6th day of June, 2011.




 
WELLS FARGO BANK, NATIONAL ASSOCIATION
   
 
/s/ Richard Prokosch
 
Richard Prokosch
 
Vice President


 




 
 

 

EXHIBIT 6




June 6, 2011


Securities and Exchange Commission
Washington, D.C.  20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.





 
Very truly yours,
   
 
WELLS FARGO BANK, NATIONAL ASSOCIATION
   
 
/s/ Richard Prokosch                                          
 
Richard Prokosch
 
Vice President




 
 

 

 
           EXHIBIT 7



Consolidated Report of Condition of

Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business March 31, 2011, filed in accordance with 12 U.S.C. §161 for National Banks.


   
Dollar Amounts
 
   
In Millions
 
ASSETS
     
Cash and balances due from depository institutions:
     
Noninterest-bearing balances and currency and coin
  $ 17,369  
Interest-bearing balances
    74,672  
Securities:
       
Held-to-maturity securities
    0  
Available-for-sale securities
    145,551  
Federal funds sold and securities purchased under agreements to resell:
       
Federal funds sold in domestic offices
    6,481  
Securities purchased under agreements to resell
    10,955  
Loans and lease financing receivables:
       
Loans and leases held for sale
    19,408  
Loans and leases, net of unearned income
    686,307  
LESS: Allowance for loan and lease losses
    18,779  
Loans and leases, net of unearned income and allowance
    667,528  
Trading Assets
    34,595  
Premises and fixed assets (including capitalized leases)
    8,062  
Other real estate owned
    5,290  
Investments in unconsolidated subsidiaries and associated companies
    588  
Direct and indirect investments in real estate ventures
    108  
Intangible assets
       
Goodwill
    20,936  
Other intangible assets
    27,181  
Other assets
    54,306  
         
Total assets
  $ 1,093,030  
         
LIABILITIES
       
Deposits:
       
In domestic offices
  $ 749,729  
Noninterest-bearing
    171,738  
Interest-bearing
    577,991  
In foreign offices, Edge and Agreement subsidiaries, and IBFs
    93,508  
Noninterest-bearing
    1,895  
Interest-bearing
    91,613  
Federal funds purchased and securities sold under agreements to repurchase:
       
Federal funds purchased in domestic offices
    1,809  
Securities sold under agreements to repurchase
    14,094  


 

 
 

 


   
Dollar Amounts
 
   
In Millions
 
       
Trading liabilities
    19,802  
Other borrowed money
       
(includes mortgage indebtedness and obligations under capitalized leases)
    38,506  
Subordinated notes and debentures
    17,445  
Other liabilities
    32,953  
         
Total liabilities
  $ 967,846  
         
         
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
    0  
Common stock
    519  
Surplus (exclude all surplus related to preferred stock)
    98,980  
Retained earnings
    19,092  
Accumulated other comprehensive income
    5,381  
Other equity capital components
    0  
         
Total bank equity capital
    123,909  
Noncontrolling (minority) interests in consolidated subsidiaries
    1,275  
         
Total equity capital
    125,184  
         
Total liabilities, and equity capital
  $ 1,094,030  
 

 
I, Timothy J. Sloan, EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.


      Timothy J. Sloan
        EVP & CFO

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.


John Stumpf                                                      Directors
Dave Hoyt
Michael Loughlin