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

 

o 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.

 

 

George J. Rayzis

U.S. Bank National Association

50 South 16th Street, Suite 2000

Philadelphia, PA 19102

(215)761-9317

(Name, address and telephone number of agent for service)

 

QVC, Inc.

(Issuer with respect to the Securities)

 

 

4.45% Senior Secured Notes due 2025

5.45% Senior Secured Notes due 2034

Guarantees of 4.45% Senior Secured Notes due 2025

Guarantees of 5.45% Senior Secured Notes due 2034

(Title of the Indenture Securities)

 

 

 

Table of additional registrant guarantors

 

Exact name of registrant as specified in its charter		State or other jurisdiction of incorporation or organization		Primary Standard Industrial Classification code number		I.R.S. Employer Identification		Address and telephone number of principal executive office
Affiliate Investment, Inc.		Delaware		6719		51-0394501		Suite 205A Second Floor
								Bancroft Building
								3411 Silverside Rd.
								Concord Plaza
								Wilmington, DE 19810
								(302) 478-7451
Affiliate Relations Holdings, Inc.		Delaware		6719		52-2009511		Suite 205A Second Floor
								Bancroft Building
								3411 Silverside Rd.
								Wilmington, DE 19810
								(302) 478-7451
AMI 2, Inc.		Delaware		6799		26-4282165		Suite 205 B Bancroft Building
								3411 Silverside Rd.
								Wilmington, DE 19810
								(302) 478-4370
ER Marks, Inc.		Delaware		6719		52-2009512		Suite 205 B Bancroft Building
								3411 Silverside Rd.
								Wilmington, DE 19810
								(302) 478-4370
QVC International LLC		Delaware		6719		51-0353786		1200 Wilson Drive
								West Chester, PA 19380
								(484) 701-1000
QVC Rocky Mount, Inc.		North Carolina		4225		52-2217907		100 QVC Boulevard
								Rocky Mount, NC 27801
								(252) 467-6600
QVC San Antonio, LLC		Texas		7389		52-1765495		9855 Westover Hills Boulevard
								San Antonio, TX 78251
								(210) 522-4300

 

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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, 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, 2014 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.

 

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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 Philadelphia, State of Pennsylvania on the 10th of October, 2014.

 

	By:	/s/ George J. Rayzis
		George J. Rayzis
		Vice President

 

4

 

Exhibit 2

 

 

5

 

Exhibit 3

 

 

6

 

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: October 10, 2014
	By:	/s/ George J. Rayzis
		George J. Rayzis
		Vice President

 

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Exhibit 7

 

U.S. Bank National Association

Statement of Financial Condition

As of 6/30/2014

 

($000’s)

 

		6/30/2014
Assets
Cash and Balances Due From Depository Institutions		$	12,591,901
Securities		89,882,232
Federal Funds		109,925
Loans & Lease Financing Receivables		241,450,255
Fixed Assets		4,561,715
Intangible Assets		13,335,806
Other Assets		22,261,774
Total Assets		$	384,193,608
Liabilities
Deposits		$	286,193,358
Fed Funds		1,264,138
Treasury Demand Notes		0
Trading Liabilities		382,290
Other Borrowed Money		37,760,161
Acceptances		0
Subordinated Notes and Debentures		5,023,000
Other Liabilities		12,274,098
Total Liabilities		$	342,897,045
Equity
Common and Preferred Stock		18,200
Surplus		14,266,407
Undivided Profits		26,159,120
Minority Interest in Subsidiaries		$	852,836
Total Equity Capital		$	41,296,563
Total Liabilities and Equity Capital		$	384,193,608

 

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