EX-25 8 gti_t-1usbank.htm EXHIBIT 25.1 gti_t-1usbank

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)

John A. Brennan
U.S. Bank National Association
One Federal Street
Boston, MA 02110
(617) 603-6576
(Name, address and telephone number of agent for service)

GrafTech International Ltd.
(Issuer with respect to the Securities)

Delaware 06-1385548
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

1521 Concord Pike, Suite 301, Wilmington, DE		 19803
(Address of Principal Executive Offices) (Zip Code)

GrafTech Finance Inc.
(Guarantor with respect to the Securities)

Delaware 62-1808846
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

GrafTech Global Enterprises Inc.
(Guarantor with respect to the Securities)

Delaware 06-1415602
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

UCAR Carbon Company Inc.
(Guarantor with respect to the Securities)

Delaware 06-1249029
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

UCAR Carbon Technology LLC
(Guarantor with respect to the Securities)

Delaware 06-1258220
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

UCAR International Trading Inc.
(Guarantor with respect to the Securities)

Delaware 06-1419027
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

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

  8. A copy of any order pursuant to which the foreign trustee is authorized to act as sole trustee under indentures qualified or to be qualified under the Act: Not applicable.

        * Incorporated by reference to Registration Number 333-67188 dated November 16, 2001.

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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 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 April 2004.

U.S. BANK NATIONAL ASSOCIATION


By: /s/ John A. Brennan                                        
     John A. Brennan
     Trust Officer

By:/s/ Todd R. DiNezza                                             
      Todd R. DiNezza
      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: April 13, 2004

U.S. BANK NATIONAL ASSOCIATION


By: /s/ John A. Brennan                                        
     John A. Brennan
     Trust Officer

By:/s/ Todd R. DiNezza                                             
      Todd R. DiNezza
      Assistant Vice President

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Exhibit 7

U.S. Bank National Association
Statement of Financial Condition
As of 12/31/2003


($000’s)

12/31/2003
Assets    
     Cash and Due From Depository Institutions  $    8,631,361  
     Federal Reserve Stock  0  
     Securities  42,963,396  
     Federal Funds  2,585,353  
     Loans & Lease Financing Receivables  114,727,656  
     Fixed Assets  1,840,487  
     Intangible Assets  9,545,158  
     Other Assets  8,865,639  
         Total Assets   $189,159,050  

Liabilities		 
     Deposits  $128,249,183  
     Fed Funds  8,683,536  
     Treasury Demand Notes  0  
     Trading Liabilities  213,447  
     Other Borrowed Money  21,664,023  
     Acceptances  123,996  
     Subordinated Notes and Debentures  5,953,524  
     Other Liabilities  5,173,011  
      Total Liabilities  $170,060,720  

Equity		 
     Minority Interest in Subsidiaries  $    1,002,595  
     Common and Preferred Stock  18,200  
     Surplus  11,677,397  
     Undivided Profits  6,400,138  
         Total Equity Capital  $  19,098,330  

Total Liabilities and Equity Capital		  $189,159,050  

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

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