EX-25.1 18 a2216484zex-25_1.htm EX-25.1
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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) o

THE BANK OF NEW YORK MELLON
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.)

400 South Hope Street. Suite 400
Los Angeles, California

(Address of principal executive offices)

 

90071
(Zip code)

Rent-A-Center, Inc.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  45-0491516
(I.R.S. employer
identification no.)

ColorTyme, Inc.
(Exact name of obligor as specified in its charter)

Texas
(State or other jurisdiction of
incorporation or organization)
  75-2651408
(I.R.S. employer
identification no.)

ColorTyme Finance, Inc.
(Exact name of obligor as specified in its charter)

Texas
(State or other jurisdiction of
incorporation or organization)
  20-5732299
(I.R.S. employer
identification no.)

Rainbow Rentals, Inc.
(Exact name of obligor as specified in its charter)

Ohio
(State or other jurisdiction of
incorporation or organization)
  34-1512520
(I.R.S. employer
identification no.)

RAC National Product Service, LLC
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  42-1626381
(I.R.S. employer
identification no.)

Remco America, Inc.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  76-0195669
(I.R.S. employer
identification no.)

Rent-A-Center Addison, L.L.C.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  81-0642504
(I.R.S. employer
identification no.)

Rent-A-Center East, Inc.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  48-1024367
(I.R.S. employer
identification no.)

Rent-A-Center International Inc.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  81-0642507
(I.R.S. employer
identification no.)

Rent-A-Center Texas, L.P.
(Exact name of obligor as specified in its charter)

Texas
(State or other jurisdiction of
incorporation or organization)
  45-0491512
(I.R.S. employer
identification no.)

Rent-A-Center Texas, L.L.C.
(Exact name of obligor as specified in its charter)

Nevada
(State or other jurisdiction of
incorporation or organization)
  45-0491520
(I.R.S. employer
identification no.)

Rent-A-Center West, Inc.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  48-1156618
(I.R.S. employer
identification no.)

Get It Now, LLC
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  16-1628325
(I.R.S. employer
identification no.)

The Rental Store, Inc.
(Exact name of obligor as specified in its charter)
Arizona
(State or other jurisdiction of
incorporation or organization)
  86-0449010
(I.R.S. employer
identification no.)


RAC Acceptance East, LLC
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)

 

46-1428633
(I.R.S. employer
identification no.)

RAC Acceptance Texas, LLC
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)

 

61-1698205
(I.R.S. employer
identification no.)

RAC Acceptance West, LLC
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)

 

46-1436106
(I.R.S. employer
identification no.)

RAC Mexico Holdings I, LLC
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)

 

27-2545886
(I.R.S. employer
identification no.)

RAC Mexico Holdings II, LLC
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)

 

27-2545962
(I.R.S. employer
identification no.)

 


5501 Headquarters Drive

 

 
Plano, Texas   75024
(Address of principal executive offices)   (Zip code)


4.75% Senior Notes due 2021
and Guarantees of 4.75% Senior Notes due 2021
(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.

3-15.
Not applicable.

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 Mellon Trust Company, N.A. (Exhibit 1 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-121948 and Exhibit 1 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 No. 333-152875).

2.
A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-121948).

3.
A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-152875).

4.
A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-152875).

6.
The consent of the trustee required by Section 321(b) of the Act.

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 Mellon 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 Houston, and State of Texas, on the 26th day of August, 2013.

    THE BANK OF NEW YORK MELLON TRUST
COMPANY, N.A.

 

 

By:

 

/s/ JULIE HOFFMAN-RAMOS

        Name:   Julie Hoffman-Ramos
        Title:   Vice President


EXHIBIT 6

CONSENT OF THE TRUSTEE

        Pursuant to the requirements of Section 321 (b) of the Trust Indenture Act of 1939, and in connection with the proposed issue of Rent-A-Center, Inc.'s senior notes, The Bank of New York Mellon Trust Company, N.A. hereby consents that reports of examinations by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefore.

    THE BANK OF NEW YORK MELLON TRUST
COMPANY, N.A.

 

 

By:

 

/s/ JULIE HOFFMAN-RAMOS

Julie Hoffman-Ramos
Vice President

Houston, Texas
August 26, 2013



EXHIBIT 7

Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 400 South Hope Street, Suite 400, Los Angeles, CA 90071

        At the close of business March 31, 2013, published in accordance with Federal regulatory authority instructions.

 
  Dollaramounts
in thousands
 

ASSETS

       

Cash and balances due from depository institutions:

       

Noninterest-bearing balances and currency and coin

    660  

Interest-bearing balances

    354  

Securities:

       

Held-to-maturity securities

    0  

Available-for-sale securities

    689,326  

Federal funds sold and securities

       

purchased under agreements to resell:

       

Federal funds sold

    76,200  

Securities purchased under agreements to resell

    0  

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)

    5,449  

Other real estate owned

    0  

Investments in unconsolidated subsidiaries and associated companies

    0  

Direct and indirect investments in real estate ventures

    0  

Intangible assets:

       

Goodwill

    856,313  

Other intangible assets

    152,015  

Other assets

    141,868  
       

Total assets

  $ 1,922,185  
       

LIABILITIES

       

Deposits:

       

In domestic offices

    536  

Noninterest-bearing

    536  

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)

    0  

Not applicable

       

Not applicable

       

Subordinated notes and debentures

    0  

Other liabilities

    242,248  

Total liabilities

    242,784  

Not applicable

       

 
  Dollaramounts
in thousands
 

EQUITY CAPITAL

       

Perpetual preferred stock and related surplus

   
0
 

Common stock

    1,000  

Surplus (exclude all surplus related to preferred stock)

    1,121,615  

Not available

       

Retained earnings

    552,729  

Accumulated other comprehensive income

    4,057  

Other equity capital components

    0  

Not available

       

Total bank equity capital

    1,679,401  

Noncontrolling (minority) interests in consolidated subsidiaries

    0  

Total equity capital

    1,679,401  
       

Total liabilities and equity capital

    1,922,185  
       

        I, Cherisse Waligura, CFO 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.

    Cherisse Waligura            )            CFO

        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.

    Troy Kilpatrick, President                )           
    Frank P. Sulzberger, Director           )            Directors (Trustees)
    William D. Lindelof, Director           )            




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4.75% Senior Notes due 2021 and Guarantees of 4.75% Senior Notes due 2021 (Title of the Indenture Securities)
SIGNATURE
CONSENT OF THE TRUSTEE
Consolidated Report of Condition of THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. of 400 South Hope Street, Suite 400, Los Angeles, CA 90071