EX-25.1 5 ex25-1.htm

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 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)

 

Susan Freedman

U.S. Bank National Association

One Federal Street

Boston, MA 02110

(617) 603-6562

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

 

HRPT Properties Trust

(Issuer with respect to the Securities)

 

Maryland

04-6558834

(State or other jurisdiction of incorporation or organization)

(I.R.S. Employer Identification No.)

 

 

 

400 Centre Street

Newton, MA

02458

(Address of Principal Executive Offices)

(Zip Code)

 

HRPT PROPERTIES TRUST

Debt 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, 2005 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.

 

 

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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 to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Boston, Commonwealth of Massachusetts on the 13th day of June , 2006.

 

 

 

U.S. BANK NATIONAL ASSOCIATION

 

 

 

By: /s/ Susan Freedman

 

Title: Vice President

 

 

 

By:

/s/ Alison D.B. Nadeau

 

Title: 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: June 16, 2006

 

 

 

U.S. BANK NATIONAL ASSOCIATION

 

 

 

By: /s/ Susan Freedman

 

Title: Vice President

 

 

 

By:

/s/ Alison D.B. Nadeau

 

Title: Vice President

 

 

 

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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 3/31/2006

 

($000’s)

 

 

3/31/2006


Assets

 

Cash and Due From Depository Institutions

$7,050,967

Securities

39,215,391

Federal Funds

3,114,744

Loans & Lease Financing Receivables

135,184,791

Fixed Assets

1,737,385

Intangible Assets

11,754,046

Other Assets

10,882,988


Total Assets

$208,940,312

 

 

Liabilities

 

Deposits

$132,810,195

Fed Funds

12,304,517

Treasury Demand Notes

0

Trading Liabilities

252,318

Other Borrowed Money

28,673,468

Acceptances

0

Subordinated Notes and Debentures

6,432,494

Other Liabilities

6,859,284


Total Liabilities

$187,332,276

 

 

Equity

 

Minority Interest in Subsidiaries

$1,029,155

Common and Preferred Stock

18,200

Surplus

11,804,040

Undivided Profits

8,756,641


Total Equity Capital

$21,608,036

 

 

Total Liabilities and Equity Capital

$208,940,312

 

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/ Susan Freedman  

 

Susan Freedman, Vice President

 

Date: June 16, 2006

 

 

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