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 TRUST NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)
41-1973763
I.R.S. Employer Identification No.
300 East Delaware Avenue, 8th Floor | ||
Wilmington, Delaware | 19809 | |
(Address of principal executive offices) | (Zip Code) |
James Vellanti
U.S. Bank Trust National Association
100 Wall Street, Suite 1600
New York, NY 10005
Telephone (212) 361-2506
(Name, address and telephone number of agent for service)
SIRIUS SATELLITE RADIO INC.
(Exact name of obligor as specified in its charter)
Delaware |
52-1700207 | ||
(State or other jurisdiction of |
(I. R. S. Employer | ||
incorporation or organization) |
Identification No.) | ||
1221 Avenue of the Americas, 36th floor | 10020 | ||
New York, New York | |||
(Address of principal executive offices) | (Zip Code) | ||
DEBT SECURITIES, PREFERRED SECURITIES, GUARANTEES
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. A copy of the certificate of authority of the Trustee to commence business, incorporated herein by reference to Exhibit 2 of Form T-1, Document 6 of Registration No. 333-84320. SIGNATURE Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK TRUST 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 New York, State of New York on the 25th day of August, 2005. Exhibit 7 U.S. Bank Trust National Association Statement of Financial Condition As of March 31, 2005 ($000s)
None
Item 3-15.
Not applicable because, to the best of Trustees knowledge, the Trustee is not a trustee under any other indenture under which any other securities or certificates of interest or participation in any other securities of the obligor are outstanding and there is not, nor has there been, a default with respect to securities issued under this indenture.
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 now in effect, incorporated herein by reference to Exhibit 1 of Form T-1, Document 6 of Registration No. 333-84320.
2.
3.
A copy of the certificate of authority of the Trustee to exercise corporate trust powers, incorporated herein by reference to Exhibit 3 of Form T-1, Document 6 of Registration No. 333-84320.
4.
A copy of the existing bylaws of the Trustee, as now in effect, incorporated herein by reference to Exhibit 4 of Form T-1, Document 6 of Registration No. 333-113995.
5.
Not applicable.
6.
The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, incorporated herein by reference to Exhibit 6 of Form T-1, Document 6 of Registration No. 333-84320.
7.
A copy of the Report of Condition of the Trustee as of March 31, 2005, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.
8.
Not applicable.
9.
Not applicable.
U.S. BANK TRUST NATIONAL ASSOCIATION
By:
/s/
Thomas E. Tabor
Name:
Thomas E. Tabor
Title:
Vice President
Assets
Cash and Due From Depository Institutions
$
401,054
Fixed Assets
233
Intangible Assets
104,100
Other Assets
31,839
Total Assets
$
537,226
Liabilities
Other Liabilities
$
17,460
Total Liabilities
$
17,460
Equity
Common and Preferred Stock
$
1,000
Surplus
505,932
Undivided Profits
12,834
Total Equity Capital
$
519,766
Total Liabilities and Equity Capital
$
537,226
To the best of the undersigneds determination, as of this date the above financial information is true and correct.
U.S. Bank Trust National Association
By:
/s/ Thomas E. Tabor
Name: Thomas E. Tabor
Title: Vice President
Date: August 25, 2005