EX-25.1 7 v26598exv25w1.htm EXHIBIT 25.1 exv25w1
 

Exhibit 25.1
Form T-1
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
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) o
 
 
The Bank Of New York Trust Company, N.A.
(Exact name of trustee as specified in its charter)
 
     

(State of incorporation
if not a U.S. national bank) 		  95-3571558
(I.R.S. employer
identification no.)
 
     
700 South Flower Street
Suite 500
Los Angeles, California
(Address of principal executive offices) 		  90017
(Zip code)
 
 
Expedia, Inc.
(Exact name of obligor as specified in its charter)
 
     
Delaware
(State or other jurisdiction of
incorporation or organization) 		  20-2705720
(I.R.S. employer
identification no.)
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices)
  98005
(Zip code)
 
 
Expedia, Inc. (a Washington corporation)
(Exact name of obligor as specified in its charter)
 
     
Washington   91-1996083
(State or other jurisdiction of
incorporation or organization) 		  (I.R.S. employer
identification no.)
 
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 

 

Travelscape, LLC
(Exact name of obligor as specified in its charter)
 
     
Nevada   88-0392667
(State or other jurisdiction of
incorporation or organization) 		  (I.R.S. employer
identification no.)
 
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		 
98005
(Zip code)
 
 
 
 
Hotels.com
(Exact name of obligor as specified in its charter)
 
     
Delaware   75-2817683
(State or other jurisdiction of
incorporation or organization) 		  (I.R.S. employer
identification no.)
 
     
3150 139th Avenue SE
Bellevue, WA 		  98005
(Zip code)
(Address of principal executive offices)    
 
 
Hotwire, Inc.
(Exact name of obligor as specified in its charter)
 
     
Delaware
(State or other jurisdiction of
incorporation or organization) 		  74-2938016
(I.R.S. employer
identification no.)
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 
 
TripAdvisor Business Trust
(Exact name of obligor as specified in its charter)
 
     
Massachusetts
(State or other jurisdiction of
incorporation or organization) 		  01-0852361
(I.R.S. employer
identification no.)
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 
 
TripAdvisor LLC
(Exact name of obligor as specified in its charter)
 
     
Delaware
(State or other jurisdiction of
incorporation or organization) 		  04-3503532
(I.R.S. employer
identification no.)
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 

 

Interactive Affiliate Network, L.L.C.
(Exact name of obligor as specified in its charter)
 
     
Delaware
(State or other jurisdiction of
incorporation or organization) 		  42-1612328
(I.R.S. employer
identification no.)
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 
 
Hotels.com, L.P.
(Exact name of obligor as specified in its charter)
 
     
Texas
(State or other jurisdiction of
incorporation or organization) 		  75-2942061
(I.R.S. employer
identification no.)
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 
 
Hotels.com GP, LLC
(Exact name of obligor as specified in its charter)
 
     
Texas
(State or other jurisdiction of
incorporation or organization) 		  75-2942059
(I.R.S. employer
identification no.)
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 
 
HRN 99 Holdings, LLC
(Exact name of obligor as specified in its charter)
 
     
New York   13-4179783
(State or other jurisdiction of
incorporation or organization) 		  (I.R.S. employer
identification no.)
 
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 
 
IAN.com, L.P.
(Exact name of obligor as specified in its charter)
 
     
Delaware   42-1612329
(State or other jurisdiction of
incorporation or organization) 		  (I.R.S. employer
identification no.)
 
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 

 

Owl Holding Company, Inc.
(Exact name of obligor as specified in its charter)
 
     
Delaware   68-0584424
(State or other jurisdiction of
incorporation or organization) 		  (I.R.S. employer
identification no.)
 
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 
 
Classic Vacations, LLC
(Exact name of obligor as specified in its charter)
 
     
Nevada
(State or other jurisdiction of
incorporation or organization) 		  04-3612673
(I.R.S. employer
identification no.)
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 
 
Expedia Partner Services, Inc.
(Exact name of obligor as specified in its charter)
 
     
Delaware   5-2872045
(State or other jurisdiction of
incorporation or organization) 		  (I.R.S. employer
identification no.)
 
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 
 
TravelNow.com Inc.
(Exact name of obligor as specified in its charter)
 
     
Delaware
(State or other jurisdiction of
incorporation or organization) 		  59-3391244
(I.R.S. employer
identification no.)
     
3150 139th Avenue SE
Bellevue, WA
(Address of principal executive offices) 		  98005
(Zip code)
 
 
7.456% Senior Notes due 2018
(Title of the indenture securities)

 

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.
 
         
Name   Address
Comptroller of the Currency
       
United States Department of the Treasury     Washington, D.C. 20219  
Federal Reserve Bank     San Francisco, California 94105  
Federal Deposit Insurance Corporation
    Washington, D.C. 20429  
 
(b) Whether it is authorized to exercise corporate trust powers.
 
Yes.
 
2. Affiliations with Obligor.
 
If the obligor is an affiliate of the trustee, describe each such affiliation.
 
None.
 
16. List of Exhibits.
 
Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).
 
  1.  A copy of the articles of association of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).
 
  2.  A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
  3.  A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).
 
  4.  A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).
 
  6.  The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-121948).
 
  7.  A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

 

SIGNATURE
 
Pursuant to the requirements of the Act, the trustee, The Bank of New York Trust Company, N.A., a 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 Los Angeles, and State of California, on the 22nd day of January, 2007.
 
THE BANK OF NEW YORK TRUST
COMPANY, N.A.
 
  By: 
/s/  Sandeé Parks
Name: Sandeé Parks
Title: Vice President

 

 
EXHIBIT 7
 
Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
 
At the close of business September 30, 2006, published in accordance with Federal regulatory authority instructions.
 
         
    Dollar Amounts
 		 
    in Thousands  
 
ASSETS
Cash and balances due from depository institutions:
       
Noninterest-bearing balances and currency and coin
    3,188  
Interest-bearing balances
    0  
Securities:
       
Held-to-maturity securities
    56  
Available-for-sale securities
    64,467  
Federal funds sold and securities purchased under agreements to resell:
       
Federal funds sold
    49,000  
Securities purchased under agreements to resell
    128,000  
Loans and lease financing receivables:
       
Loans and leases held for sale
    0  
Loans and leases, net of unearned income
    0  
LESS: Allowance for loan and lease losses
    0  
Loans and leases, net of unearned income and allowance
    0  
Trading assets
    0  
Premises and fixed assets (including capitalized leases)
    3,808  
Other real estate owned
    0  
Investments in unconsolidated subsidiaries and associated companies
    0  
Not applicable
       
Intangible assets:
       
Goodwill
    267,486  
Other Intangible Assets
    15,230  
Other assets
    40,470  
         
Total assets
  $ 571,705  
         
 

 

         
LIABILITIES
Deposits:
       
In domestic offices
    2,039  
Noninterest-bearing
    2,039  
Interest-bearing
    0  
Not applicable
       
Federal funds purchased and securities sold under agreements to repurchase:
       
Federal funds purchased
    0  
Securities sold under agreements to repurchase
    0  
Trading liabilities
    0  
Other borrowed money:
       
(includes mortgage indebtedness and obligations under capitalized leases)
    58,000  
Not applicable
       
Not applicable
       
Subordinated notes and debentures
    0  
Other liabilities
    85,004  
Total liabilities
    145,043  
         
Minority interest in consolidated subsidiaries
    0  
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
    0  
Common stock
    1,000  
Surplus (exclude all surplus related to preferred stock)
    321,520  
Retained earnings
    104,139  
Accumulated other comprehensive income
    3  
Other equity capital components
    0  
Total equity capital
    426,662  
         
Total liabilities, minority interest, and equity capital (sum of items 21, 22, and 28)
    571,705  
         
 
I, William J. Winkelmann, Vice President of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.
 
             
William J. Winkelmann
  )   Vice President
 
We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.
 
             
Michael K. Klugman, President
  )    
Michael F. McFadden, MD
  )   Directors (Trustees)
Frank P. Sulzberger, Vice President
  )