EX-25.1 9 dex251.htm STATEMENT OF ELIGIBILITY AND QUALIFICATION ON FORM T-1 Statement of eligibility and qualification on Form T-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.

 

800 Nicollet Mall

Minneapolis, Minnesota

  55402
(Address of principal executive offices)   (Zip Code)

Steven Finklea

U.S. Bank National Association

5555 San Felipe Street, Suite 1150

Houston, Texas 77056

(713) 235-9208

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

 


LANDRY’S RESTAURANTS, INC.

(Issuer with respect to the Securities)

 


 

Delaware   76-0405386

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

1510 West Loop South

Houston, TX

  77027
(Address of Principal Executive Offices)   (Zip Code)

Senior Notes

(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 June 30, 2007 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.


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 Houston, State of Texas on the 30th of August, 2007.

 

By:  

/s/ Diana Jacobs

  Diana Jacobs
  Vice President

 

By:  

/s/ Dyan Huhta

  Dyan Huhta
  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: July 20, 2007

 

By:  

/s/ Steven Finklea

  Steven Finklea
  Vice President

 

By:  

/s/ Raymond Haverstock

  Raymond Haverstock
  Vice President


Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 6/30/2007

($000’s)

 

     6/30/2007  

Assets

  

Cash and Due From Depository Institutions

   $ 6,534,000  

Securities

     39,514,000  

Federal Funds

     4,552,000  

Loans & Lease Financing Receivables

     143,680,000  

Fixed Assets

     1,798,000  

Goodwill

     7,593,000  

Intangible Assets

     3,352,000  

Other Assets

     15,507,000  
        

Total Assets

   $ 222,530,000  

Liabilities

  

Deposits

   $ 119,702,000  

Short-term borrowings

     27,160,000  

Long-term debt

     45,946,000  

Other Liabilities

     9,392,000  
        

Total Liabilities

   $ 202,200,000  

Equity

  

Common and Preferred Stock

     1,020,000  

Surplus

     5,748,000  

Retained Earnings

     22,110,000  

Less cost of Common Stock in Treasury

     (7,476,000 )

Other comprehensive income

     (1,072,000 )
        

Total Shareholders’ Equity

   $ 20,330,000  

Total Liabilities and Shareholders’ Equity

   $ 222,530,000  

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/ Steven Finklea

  Vice President

Date: July 20, 2007