EX-25.1 6 y81350exv25w1.htm EX-25.1 exv25w1
EXHIBIT 25.1
 
UNITED STATES
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 Number
     
800 Nicollet Mall    
Minneapolis, Minnesota   55402
(Address of principal executive offices)   (Zip Code)
George Hogan
U.S. Bank National Association
Two Midtown Plaza
1349 West Peachtree Street N.W.
Suite 1050
Atlanta, Georgia 30309
(404) 898-8832
(Name, address and telephone number of agent for service)
JONES APPAREL GROUP, INC.
     
Pennsylvania   06-0935166
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification Number)
     
1411 Broadway    
New York, New York   10018
(Address of principal executive offices)   (Zip Code)
JONES APPAREL GROUP HOLDINGS, INC.
     
Delaware   51-0390339
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification Number)
     
1411 Broadway    
New York, New York   10018
(Address of principal executive offices)   (Zip Code)
JONES APPAREL GROUP USA, INC.
     
Delaware   22-3497645
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification Number)
 
1411 Broadway
New York, New York 		 
10018
(Address of principal executive offices)   (Zip Code)
JAG FOOTWEAR, ACCESSORIES AND RETAIL CORPORATION
     
New Jersey   23-2256563
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)
     
1411 Broadway    
New York, New York   10018
(Address of principal executive offices)   (Zip Code)
Debt Securities
(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.
     1.  A copy of the Articles of Association of the Trustee as now in effect.*
     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 Amendment No. 3 to Registration Statement on S-4, Registration Number 333-159463 filed on August 24, 2009.

 

 

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 Atlanta, Georgia on the 6th of May, 2010.
         
     
  By:   /s/ George Hogan     
    George Hogan   
    Vice President   
 

 

 

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: May 6, 2010
         
     
  By:   /s/ George Hogan     
    George Hogan   
    Vice President   
 

 

 

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/ George Hogan 
 
George Hogan 		   
 
  Vice President    
 
        
Date: May 6, 2010