EX-25.2 6 t1subordinate.htm FORM T-1 t1subordinate.htm
Exhibit 25.2
_____________________________________________________________________________

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)

William E. Sicking
U.S. Bank National Association
425 Walnut Street
Cincinnati, Ohio 45202
(513) 632-4278
 (Name, address and telephone number of agent for service)

LSI Industries Inc.
(Issuer with respect to the Securities)
 
 
Ohio
31-0888951
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
   

10000 Alliance Road
Cincinnati, Ohio
 
45242
(Address of Principal Executive Offices)
(Zip Code)
 

 
Subordinate 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, attached as Exhibit 2.

 
3.
A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

 
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, 2013 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 333-166527 filed on May 5, 2010.

 
 
 

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 Cincinnati, State of Ohio on the 6th of September, 2013.
 
     
       
 
By:
/s/ William E. Sicking  
    William E. Sicking  
    Vice President  
       



 
 
 

Exhibit 2
 
 
 
 Comptroller of the Currency
Administrator of National Banks
 Washington, DC   20219
 
 
CERTIFICATE OF CORPORATE EXISTENCE
 
 
I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:
 
1.    The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.
 
2.    "U.S. Bank National Association," Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.
 
 
 (SEAL)
 IN TESTIMONY WHEREOF, today, February 27, 2013, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.
 
   /s/Thomas J. Curry  
   Comptroller of the Currency  
 
 

 
 
 
 
Exhibit 3
 
 
 
 Comptroller of the Currency
Administrator of National Banks
 Washington, DC   20219
 
 
CERTIFICATATION OF FIDUCIARY POWERS
 
 
I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:
 
1.    The Office of the Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.
 
2.    "U.S. Bank National Association," Cincinnati, Ohio (Charter No. 24), was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved September 28, 1962, 76 Stat. 668, 12 USC 92a, and that the authority so granted remains in full force and effect on the date of this certificate.
 
 
 (SEAL)
 IN TESTIMONY WHEREOF, today, February 27, 2013, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.
 
   /s/Thomas J. Curry  
   Comptroller of the Currency  
 
 

 
 
 

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: September 6, 2013
 
     
       
 
By:
/s/ William E. Sicking  
    William E. Sicking  
    Vice President  
       

 
 
 

Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2013

($000’s)


   
   
6/30/2013
  
Assets
      
  Cash and Balances Due From Depository Institutions
   $ 6,618,511  
  Securities
     74,478,321  
  Federal Funds
     79,268  
  Loans & Lease Financing Receivables
     226,554,158  
  Fixed Assets
     4,958,016  
  Intangible Assets
     13,125,133  
  Other Assets
     23,519,520  
    Total Assets
   $ 349,332,927  
         
Liabilities
        
  Deposits
   $ 260,085,043  
  Fed Funds
     2,946,249  
  Treasury Demand Notes
     0  
  Trading Liabilities
     639,343  
  Other Borrowed Money
     27,488,313  
  Acceptances
     0  
  Subordinated Notes and Debentures
     4,836,320  
  Other Liabilities
     13,040,945  
    Total Liabilities
   $ 309,036,213  
         
Equity
        
  Common and Preferred Stock
     18,200  
  Surplus
     14,216,132  
  Undivided Profits
     24,513,966  
  Minority Interest in Subsidiaries
     1,548,416  
    Total Equity Capital
   $ 40,296,714  
         
       Total Liabilities and Equity Capital
   $ 349,332,927