EX-25.1 34 a2119172zex-25_1.htm EXHIBIT 25.1

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.

 

 

 

180 East Fifth Street
St. Paul, Minnesota

 

55101

(Address of principal executive offices)

 

(Zip Code)

 

 

 

Frank Leslie
U.S. Bank National Association
180 East Fifth Street
St. Paul, MN 55101
(651) 244-8677

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

 

Kinetic Concepts, Inc.

(Issuer with respect to the Securities)

 

Texas

 

74-1891727

(State or other jurisdiction of incorporation or organization)

 

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

 

 

 

8023 Vantage Drive
San Antonio, Texas

 

78230

Address of Principal Executive Offices)

 

(Zip Code)

 

Series B 7 3/8% Senior Subordinated Notes due 2013

(Title of the Indenture Securities)

 

 



 

TABLE OF ADDITIONAL REGISTRANTS

 

Name of Additional
Registrant*

 

State of Incorporation
or Formation

 

Primary Standard Industrial
Classification ode Number

 

IRS Employer
ID Number

 

 

 

 

 

 

 

KCI Holding Company, Inc.

 

Delaware

 

 

 

74-2804102

KCI Real Holdings, L.L.C.

 

Delaware

 

 

 

N/A

KCI International, Inc.

 

Delaware

 

 

 

51-0307888

KCI Licensing, Inc.

 

Delaware

 

 

 

74-2928553

KCI Properties Limited

 

Texas

 

 

 

74-2621178

KCI Real Property Limited

 

Texas

 

 

 

74-2644430

KCI USA, Inc.

 

Delaware

 

 

 

74-2152396

KCI USA Real Holdings, LLC 

 

Delaware

 

 

 

N/A

Medclaim, Inc.

 

North Carolina

 

 

 

56-2200462

 

The address and telephone number of the principal executive offices of each of the registrants listed above are the same as those of Kinetic Concepts, 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.*

 

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 June 30, 2003, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 


* Incorporated by reference to Registration Number 333-67188.

 

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NOTE

 

The answers to this statement insofar as such answers relate to what persons have been underwriters for any securities of the obligors within three years prior to the date of filing this statement, or what persons are owners of 10% or more of the voting securities of the obligors, or affiliates, are based upon information furnished to the Trustee by the obligors.  While the Trustee has no reason to doubt the accuracy of any such information, it cannot accept any responsibility therefor.

 

 

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 19th day of September, 2003.

 

 

 

 

 

U.S. BANK NATIONAL ASSOCIATION

 

 

 

 

 

 

 

 

 

By:

/s/ Frank P. Leslie III

 

 

 

 

 

Frank P. Leslie III

 

 

 

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

 

 

By:

/s/ Lori-Anne Rosenberg

 

 

 

 

 

Lori-Anne Rosenberg

 

 

 

 

 

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:  September 19, 2003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. BANK NATIONAL ASSOCIATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

By:

/s/ Frank P. Leslie III

 

 

 

 

 

Frank P. Leslie III

 

 

 

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

 

 

By:

/s/ Lori-Anne Rosenberg

 

 

 

 

 

Lori-Anne Rosenberg

 

 

 

 

 

Assistant Vice President

 

 

 

 

 

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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 6/30/2003

 

($000’s)

 

 

 

6/30/2003

 

Assets

 

 

 

Cash and Due From Depository Institutions

 

$

11,987,100

 

Federal Reserve Stock

 

0

 

Securities

 

35,336,411

 

Federal Funds

 

4,955,134

 

Loans & Lease Financing Receivables

 

118,648,100

 

Fixed Assets

 

1,864,465

 

Intangible Assets

 

9,999,520

 

Other Assets

 

8,735,830

 

Total Assets

 

$

191,526,560

 

 

 

 

 

Liabilities

 

 

 

Deposits

 

$

132,461,590

 

Fed Funds

 

5,061,915

 

Treasury Demand Notes

 

0

 

Trading Liabilities

 

303,140

 

Other Borrowed Money

 

20,320,775

 

Acceptances

 

150,586

 

Subordinated Notes and Debentures

 

6,326,523

 

Other Liabilities

 

5,864,946

 

Total Liabilities

 

$

170,489,475

 

 

 

 

 

Equity

 

 

 

Minority Interest in Subsidiaries

 

$

999,216

 

Common and Preferred Stock

 

18,200

 

Surplus

 

11,015,123

 

Undivided Profits

 

9,004,546

 

Total Equity Capital

 

$

21,037,085

 

 

 

 

 

Total Liabilities and Equity Capital

 

$

191,526,560

 

 

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/ Frank P. Leslie III

 

 

Vice President

 

 

Date:  September 19, 2003

 

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