EX-25.1 7 a15-9260_1ex25d1.htm EX-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.

 

800 Nicollet Mall
Minneapolis, Minnesota

 

55402

(Address of principal executive offices)

 

(Zip Code)

 

Melody Scott
U.S. Bank National Association
1021 East Cary Street, Suite 1850
Richmond, VA 23219
(804) 343-1560

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

 

SINCLAIR TELEVISION GROUP, INC.

(Issuer with respect to the Securities)

 

Maryland

 

52-1494660

(State or other jurisdiction of incorporation or organization)

 

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

 

10706 Beaver Dam Road
Cockeysville, Maryland

 

21030

(Address of Principal Executive Offices)

 

(Zip Code)

 

5.625% Senior Notes Due 2024

(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, attached as Exhibit 2.

 

3.                  A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

 

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 32 1(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

 

7.                  Report of Condition of the Trustee as of December 31, 2014 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 registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

 

2



 

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 Richmond, State of Virginia on the 15th of April, 2015.

 

 

By:

/s/ Melody M. Scott

 

 

Melody M. Scott

 

 

Assistant Vice President

 

3



 

Exhibit 2

 

 

4



 

Exhibit 3

 

 

5



 

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: December 31, 2014

 

 

By:

/s/ Donald T. Hurrelbrink

 

 

Donald T. Hurrelbrink

 

 

Vice President

 

6



 

Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 12/31/2014

 

($000’s)

 

 

 

12/31/2014

 

Assets

 

 

 

Cash and Balances Due From Depository Institutions

 

$

10,622,022

 

Securities

 

100,557,832

 

Federal Funds

 

79,987

 

Loans & Lease Financing Receivables

 

247,427,720

 

Fixed Assets

 

4,246,071

 

Intangible Assets

 

13,078,376

 

Other Assets

 

22,967,351

 

Total Assets

 

$

398,978,359

 

 

 

 

 

 

Liabilities

 

 

 

Deposits

 

$

294,158,985

 

Fed Funds

 

1,722,932

 

Treasury Demand Notes

 

0

 

Trading Liabilities

 

734,026

 

Other Borrowed Money

 

45,457,856

 

Acceptances

 

0

 

Subordinated Notes and Debentures

 

3,650,000

 

Other Liabilities

 

11,857,789

 

Total Liabilities

 

$

357,581,588

 

 

 

 

 

 

Equity

 

 

 

Common and Preferred Stock

 

18,200

 

Surplus

 

14,266,400

 

Undivided Profits

 

26,256,268

 

Minority Interest in Subsidiaries

 

855,903

 

Total Equity Capital

 

$

41,396,771

 

 

 

 

 

 

Total Liabilities and Equity Capital

 

$

398,978,359

 

 

7