EXHIBIT 25
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 (Address of principal executive offices) |
55402 (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)
ETHAN ALLEN GLOBAL, INC.
(Issuer
with respect to the Securities)
| Delaware (State or other jurisdiction of incorporation or organization) |
20-2991357 (I.R.S. Employer Identification No.) |
| Ethan Allen Drive Danbury, Connecticut (Address of Principal Executive Offices) |
06811 (Zip Code) |
ETHAN ALLEN INTERIORS INC.
(Issuer
with respect to the Securities)
| Delaware (State or other jurisdiction of incorporation or organization) |
06-1275288 (I.R.S. Employer Identification No.) |
| Ethan Allen Drive Danbury, Connecticut (Address of Principal Executive Offices) |
06811 (Zip Code) |
ETHAN ALLEN RETAIL, INC.
(Issuer
with respect to the Securities)
| Delaware (State or other jurisdiction of incorporation or organization) |
06-1273300 (I.R.S. Employer Identification No.) |
| Ethan Allen Drive Danbury, Connecticut (Address of Principal Executive Offices) |
06811 (Zip Code) |
ETHAN ALLEN OPERATIONS, INC.
(Issuer
with respect to the Securities)
| Delaware (State or other jurisdiction of incorporation or organization) |
06-1420986 (I.R.S. Employer Identification No.) |
| Ethan Allen Drive Danbury, Connecticut (Address of Principal Executive Offices) |
06811 (Zip Code) |
ETHAN ALLEN REALTY, LLC
(Issuer
with respect to the Securities)
| Delaware (State or other jurisdiction of incorporation or organization) |
06-1753714 (I.R.S. Employer Identification No.) |
| Ethan Allen Drive Danbury, Connecticut (Address of Principal Executive Offices) |
06811 (Zip Code) |
LAKE AVENUE ASSOCIATES, INC.
(Issuer
with respect to the Securities)
| Delaware (State or other jurisdiction of incorporation or organization) |
06-0901325 (I.R.S. Employer Identification No.) |
| Ethan Allen Drive Danbury, Connecticut (Address of Principal Executive Offices) |
06811 (Zip Code) |
MANOR HOUSE, INC.
(Issuer
with respect to the Securities)
| Delaware (State or other jurisdiction of incorporation or organization) |
06-0919150 (I.R.S. Employer Identification No.) |
| Ethan Allen Drive Danbury, Connecticut (Address of Principal Executive Offices) |
06811 (Zip Code) |
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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 September 30, 2005, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7. |
* Incorporated by reference to Registration Number 333-67188.
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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.
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 20th of January, 2006.
| U.S. BANK NATIONAL ASSOCIATION |
|
By: /s/ John A. Brennan
John A. Brennan Officer |
|
By: /s/ Todd R. DiNezza
Todd R. DiNezza Assistant Vice President |
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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: January 30, 2006
| U.S. BANK NATIONAL ASSOCIATION |
|
By: /s/ John A. Brennan
John A. Brennan Officer |
|
By: /s/ Todd R. DiNezza
Todd R. DiNezza Assistant Vice President |
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| 9/30/2005 | |||||
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Due From Depository Institutions | $6,913,461 | ||||
| Securities | 41,305,628 | ||||
| Federal Funds | 3,300,808 | ||||
| Loans & Lease Financing Receivables | 132,797,940 | ||||
| Fixed Assets | 1,767,618 | ||||
| Intangible Assets | 10,366,321 | ||||
| Other Assets | 10,215,546 | ||||
| Total Assets | $206,667,322 | ||||
| Liabilities | |||||
| Deposits | $130,337,423 | ||||
| Fed Funds | 17,257,962 | ||||
| Treasury Demand Notes | 0 | ||||
| Trading Liabilities | 176,079 | ||||
| Other Borrowed Money | 25,506,397 | ||||
| Acceptances | 85,177 | ||||
| Subordinated Notes and Debentures | 6,661,982 | ||||
| Other Liabilities | 5,968,944 | ||||
| Total Liabilities | $185,993,964 | ||||
| Equity | |||||
| Minority Interest in Subsidiaries | $1,029,440 | ||||
| Common and Preferred Stock | 18,200 | ||||
| Surplus | 11,804,040 | ||||
| Undivided Profits | 7,821,678 | ||||
| Total Equity Capital | $20,673,358 | ||||
| Total Liabilities and Equity Capital | $206,667,322 | ||||
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/ John A. Brennan John A. Brennan, Officer |
Date: February 1, 2006
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