EX-25.1 7 a07-9903_1ex25d1.htm EX-25.1

 

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 No.)

800 Nicollet Mall

 

Minneapolis, Minnesota

55402

(Address of principal executive offices)

(Zip Code)

 

James P. Freeman
U.S. Bank National Association
One Federal Street, 3
rd Floor
Boston, MA  02110
(617) 603-6565
(Name, address and telephone number of agent for service)

Hospitality Properties Trust

(Exact name of obligor as specified in its charter)

Maryland

04-3262075

(State or other jurisdiction of

(I.R.S. Employer

incorporation or organization)

Identification No.)

400 Centre Street

 

Newton, Massachusetts

02458

(Address of Principal Executive Offices)

(Zip Code)

 

5.625% Senior Notes due 2017
(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

United States Department of Treasury

Washington, D.C. 20219

 b)        Whether it is authorized to exercise corporate trust powers.

Yes

Item 2.                        AFFILIATIONS WITH THE 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 September 30, 2006 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.

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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 Boston, Commonwealth of Massachusetts, on April 3, 2007.

 

U.S. Bank National Association

 

 

By:

 

/s/ James P. Freeman

 

 

 

 

James P. Freeman

 

 

 

 

Vice President

 

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 3, 2007

 

U.S. Bank National Association

 

 

By:

 

/s/ James P. Freeman

 

 

 

 

James P. Freeman

 

 

 

 

Vice President

 

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 9/30/2006

($000’s)

 

 

9/30/2006

 

Assets

 

 

 

Cash and Due From Depository Institutions

 

$

6,436,856

 

Securities

 

39,245,651

 

Federal Funds

 

3,475,844

 

Loans & Lease Financing Receivables

 

141,382,736

 

Fixed Assets

 

2,629,727

 

Intangible Assets

 

11,923,005

 

Other Assets

 

10,799,396

 

Total Assets

 

$

215,893,215

 

Liabilities

 

 

 

Deposits

 

$

133,945,028

 

Fed Funds

 

12,987,134

 

Treasury Demand Notes

 

0

 

Trading Liabilities

 

166,479

 

Other Borrowed Money

 

31,884,451

 

Acceptances

 

0

 

Subordinated Notes and Debentures

 

6,909,696

 

Other Liabilities

 

7,674,530

 

Total Liabilities

 

$

193,567,318

 

Equity

 

 

 

Minority Interest in Subsidiaries

 

$

1,044,165

 

Common and Preferred Stock

 

18,200

 

Surplus

 

11,977,237

 

Undivided Profits

 

9,286,295

 

Total Equity Capital

 

$

22,325,897

 

Total Liabilities and Equity Capital

 

$

215,893,215

 

 

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/ James P. Freeman

 

 

 

James P. Freeman

 

 

 

Vice President

 

 

Date: April 3, 2007

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