EX-25.1 8 p76413exv25w1.htm EX-25.1 exv25w1
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.
     
800 Nicollet Mall    
Minneapolis, Minnesota   55402
(Address of principal executive offices)   (Zip Code)
Richard Prokosch
U.S. Bank National Association
60 Livingston Avenue
St. Paul, MN 55107
(651) 495-3918
(Name, address and telephone number of agent for service)
Las Vegas Sands Corp.
(Issuer with respect to the Securities)
     
Nevada   27-0099920
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)
     
3355 Las Vegas Boulevard South    
Las Vegas, Nevada   89109
(Address of Principal Executive Offices)   (Zip Code)
Senior Debt Securities
(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
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 June 30, 2008 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.
 
**   Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-145601 filed on August 21, 2007.

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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 St. Paul, State of Minnesota on the 5th of November, 2008.
         
     
  By:   /s/ Richard Prokosch    
    Richard Prokosch   
    Vice President   
 
         
By:
  /s/ Raymond Haverstock    
 
       
 
  Raymond Haverstock
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: November 5, 2008  By:   /s/ Richard Prokosch    
    Richard Prokosch   
    Vice President   
 
         
By:
  /s/ Raymond Haverstock    
 
       
 
  Raymond Haverstock
Vice President		    

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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2008
($000’s)
         
    6/30/2008  
Assets
        
Cash and Balances Due From Depository Institutions
   $ 8,040,113  
Securities
     38,273,740  
Federal Funds
     4,300,502  
Loans & Lease Financing Receivables
     162,625,350  
Fixed Assets
     2,638,883  
Intangible Assets
     12,303,139  
Other Assets
     14,126,201  
 
      
Total Assets
   $ 242,307,928  
 
        
Liabilities
        
Deposits
   $ 143,265,079  
Fed Funds
     13,193,537  
Treasury Demand Notes
     0  
Trading Liabilities
     490,836  
Other Borrowed Money
     47,378,092  
Acceptances
     0  
Subordinated Notes and Debentures
     7,647,466  
Other Liabilities
     7,266,430  
 
      
Total Liabilities
   $ 219,241,440  
 
        
Equity
        
Minority Interest in Subsidiaries
   $ 1,524,656  
Common and Preferred Stock
     18,200  
Surplus
     12,057,620  
Undivided Profits
     9,466,012  
 
      
Total Equity Capital
   $ 23,066,488  
 
        
Total Liabilities and Equity Capital
   $ 242,307,928  
 
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/ Richard Prokosch    
 
       
 
  Vice President    
Date: November 5, 2008

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