EX-25.3 4 d288567dex253.htm EX-25.3 EX-25.3

Exhibit 25.3

 

 

 

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)

 

 

UMB BANK, NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

 

 

 

  44-0194180
  I.R.S. Employer
Identification No.

1010 Grand Blvd.

Kansas City, Missouri

   64106
(Address of principal executive offices)   (Zip Code)

Anthony Hawkins

UMB BANK, NATIONAL ASSOCIATION

1010 Grand Blvd.

Kansas City, MO 64106

(816) 860-3014

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

 

 

EPR PROPERTIES*

(Issuer with respect to the Securities)

 

 

 

Maryland   43-1790877
(State or other jurisdiction of
incorporation or organization)		   (I.R.S. Employer
Identification No.)

909 Walnut Street, Suite 200

Kansas City, Missouri

   64106
(Address of Principal Executive Offices)   (Zip Code)

 

 

Senior Notes

Guarantees of Senior Notes

(Title of the Indenture Securities)

 

 

 

*ADDITIONAL SUBSIDIARY GUARANTOR REGISTRANTS(1)

 

Exact name of guarantor as specified in its Charter

    State or other jurisdiction of
incorporation or organization		    I.R.S. Employer
Identification Number		  

30 West Pershing, LLC

    Missouri      41-2039368   

Adelaar Developer, LLC

    Delaware      47-3410984   

Burbank Village, L.P.

    Delaware      83-0428433   

Cantera 30 Theatre, L.P.

    Delaware      43-1884501   

Early Childhood Education, LLC

    Delaware      47-5141922   

ECE I, LLC

    Delaware      46-2144353   

ECE II, LLC

    Delaware      46-2148248   

ECS Douglas I, LLC

    Delaware      45-1271582   

Education Capital Solutions, LLC

    Delaware      35-2296092   

EPR Hialeah, Inc.

    Missouri      30-0197409   

EPR Karting, LLC

    Delaware      81-1847314   

EPR North US LP

    Delaware      47-2492570   

EPR Tuscaloosa, LLC

    Delaware      80-0873608   

EPT 909, Inc.

    Delaware      27-2523665   

EPT Aliso Viejo, Inc.

    Delaware      59-3831780   

EPT Arroyo, Inc.

    Delaware      20-5367491   

EPT Auburn, Inc.

    Delaware      20-5367214   

EPT Boise, Inc.

    Delaware      34-2057230   

EPT Charlotte, LLC

    Delaware      45-5007632   

EPT Columbiana, Inc.

    Delaware      20-5367067   

EPT Concord II, LLC

    Delaware      27-2858201   

EPT Dallas, LLC

    Delaware      27-4111486   

EPT Davie, Inc.

    Delaware      59-3831787   

EPT Deer Valley, Inc.

    Delaware      34-2057235   

EPT DownREIT II, Inc.

    Missouri      43-1818086   

EPT Fontana, LLC

    Delaware      27-3677983   

EPT Gulf Pointe, Inc.

    Delaware      26-0814259   

EPT Hamilton, Inc.

    Delaware      34-2057236   

EPT Huntsville, Inc.

    Delaware      20-5717893   

EPT Hurst, Inc.

    Delaware      20-4801009   

EPT Kalamazoo, Inc.

    Missouri      74-3139121   

EPT Lafayette, Inc.

    Delaware      20-5367392   

EPT Little Rock, Inc.

    Delaware      34-2057231   

EPT Macon, Inc.

    Delaware      20-5367283   

EPT Mad River, Inc.

    Missouri      86-1150058   

EPT Melbourne, Inc.

    Missouri      20-1341980   

EPT Mesa, Inc.

    Delaware      20-4800922   

EPT Mesquite, Inc.

    Delaware      26-0814568   

EPT Modesto, Inc.

    Delaware      20-5367136   

EPT Mount Snow, Inc.

    Delaware      20-8803058   

EPT Nineteen, Inc.

    Delaware      27-1455380   

EPT Oakview, Inc.

    Delaware      20-8739552   

EPT Pensacola, Inc.

    Missouri      26-0108126   

EPT Pompano, Inc.

    Delaware      34-2057232   

EPT Raleigh Theatres, Inc.

    Delaware      34-2057233   

EPT Ski Properties, Inc.

    Delaware      26-1336192   

EPT South Barrington, Inc.

    Delaware      26-0814611   

EPT Twin Falls, LLC

    Delaware      27-3677936   

EPT Waterparks, Inc.

    Delaware      20-8267442   

EPT Wilmington, Inc.

    Delaware      20-5367007   

Flik, Inc.

    Delaware      16-1653228   

Megaplex Four, Inc.

    Missouri      43-1922877   

Exact name of guarantor as specified in its Charter

    State or other jurisdiction of
incorporation or organization		    I.R.S. Employer
Identification Number		  

Megaplex Nine, Inc.

    Missouri      43-1912698   

New Roc Associates, L.P.

    New York      22-3337447   

Tampa Veterans 24, L.P.

    Delaware      54-2112225   

WestCol Center, LLC

    Delaware      45-2179322   

 

(1) The address, including zip code, and telephone number, including area code, for each of the additional registrants is 909 Walnut Street, Suite 200, Kansas City, Missouri 64106, (816) 472-1700.

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.

The Comptroller of the Currency

Mid-Western District

2345 Grand Avenue, Suite 700

Kansas City, Missouri 64108

Federal Reserve Bank of Kansas City

Federal Reserve P.O. Station

Kansas City, Missouri 64198

Supervising Examiner

Federal Deposit Insurance Corporation

720 Olive Street, Suite 2909

St. Louis, Missouri 63101

 

  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 Not Applicable

 

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 (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-74008).

 

  2. Certificate of Authority from the Comptroller of the Currency evidencing a change of the corporate title of the Association (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-74008).

 

  3. Certificate from the Comptroller of the Currency evidencing authority to exercise corporate trust powers and a letter evidencing a change of the corporate title of the Association (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-74008).

 

  4. Bylaws, as amended of the Trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-74008).

 

  5. A copy of each Indenture referred to in Item 4. Not applicable.

  6. Consent of the Trustee required by Section 321(b) of the Act (Exhibit 6 to Registration Statement No. 333-74008).

 

  7. Report of Condition of the Trustee as of September 30, 2016 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, UMB 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 Kansas City, State of Missouri on the 1st day of December, 2016.

 

By:  

/s/ Douglas G. Hare

  Douglas G. Hare
  Senior Vice President

Exhibit 7

(See Attached)

Schedule RC 15

Consolidated Report of Condition for Insured Banks

and Savings Associations for September 30, 2016

All schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter.

Schedule RC—Balance Sheet

 

    Dollar Amounts in Thousands           Amount        

Assets

          

1. Cash and balances due from depository institutions (from Schedule RC-A):

          

a. Noninterest-bearing balances and currency and coin (1)

         RCON0081        346,757        1.a.   

b. Interest-bearing balances (2)

         RCON0071        453,839        1.b.   

2. Securities:

          

a. Held-to-maturity securities (from Schedule RC-B, column A)

         RCON1754        1,009,117        2.a.   

b. Available-for-sale securities (from Schedule RC-B, column D)

         RCON1773        6,292,921        2.b.   

3. Federal funds sold and securities purchased under agreements to resell:

          

a. Federal funds sold

         RCONB987        19,373        3.a.   

b. Securities purchased under agreements to resell (3)

         RCONB989        225,518        3.b.   

4. Loans and lease financing receivables (from Schedule RC-C):

          

a. Loans and leases held for sale

         RCON5369        11,880        4.a.   

b. Loans and leases, net of unearned income

     RCONB528        10,293,300            4.b.   

c. LESS: Allowance for loan and lease losses

     RCON3123        90,404            4.c.   

d. Loans and leases, net of unearned income and allowance (item 4.b minus 4.c)

         RCONB529        10,202,896        4.d.   

5. Trading assets (from Schedule RC-D)

         RCON3545        37,751        5.   

6. Premises and fixed assets (including capitalized leases)

         RCON2145        221,475        6.   

7. Other real estate owned (from Schedule RC-M)

         RCON2150        290        7.   

8. Investments in unconsolidated subsidiaries and associated companies

         RCON2130        0        8.   

9. Direct and indirect investments in real estate ventures

         RCON3656        0        9.   

10. Intangible assets:

          

a. Goodwill

         RCON3163        108,650        10.a.   

b. Other intangible assets (from Schedule RC-M)

         RCON0426        12,716        10.b.   

11. Other assets (from Schedule RC-F)

         RCON2160        508,832        11.   

12. Total assets (sum of items 1 through 11)

         RCON2170        19,452,015        12.   

 

(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
(3) Includes all securities resale agreements, regardless of maturity.

Schedule RC 16

Schedule RC—Continued

 

    Dollar Amounts in Thousands           Amount        

Liabilities

          

13. Deposits:

          

a. In domestic offices (sum of totals of columns A and C from Schedule RC-E)

         RCON2200        15,477,985        13.a.   

(1) Noninterest-bearing (1)

     RCON6631        6,108,039            13.a.(1)   

(2) Interest-bearing

     RCON6636        9,369,946            13.a.(2)   

b. Not applicable

          

14. Federal funds purchased and securities sold under agreements to repurchase:

          

a. Federal funds purchased (2)

         RCONB993        595,591        14.a.   

b. Securities sold under agreements to repurchase (3)

         RCONB995        1,425,981        14.b.   

15. Trading liabilities (from Schedule RC-D)

         RCON3548        0        15.   

16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M)

         RCON3190        8,434        16.   

17. Not applicable

          

18. Not applicable

          

19. Subordinated notes and debentures (4)

         RCON3200        0        19.   

20. Other liabilities (from Schedule RC-G)

         RCON2930        206,578        20.   

21. Total liabilities (sum of items 13 through 20)

         RCON2948        17,714,569        21.   

22. Not applicable

             22.   

Equity Capital

          

Bank Equity Capital

          

23. Perpetual preferred stock and related surplus

         RCON3838        0        23.   

24. Common stock

         RCON3230        21,250        24.   

25. Surplus (exclude all surplus related to preferred stock)

         RCON3839        750,818        25.   

26.

          

a. Retained earnings

         RCON3632        918,094        26.a.   

b. Accumulated other comprehensive income (5)

         RCONB530        47,284        26.b.   

c. Other equity capital components (6)

         RCONA130        0        26.c.   

27.

          

a. Total bank equity capital (sum of items 23 through 26.c)

         RCON3210        1,737,446        27.a.   

b. Noncontrolling (minority) interests in consolidated subsidiaries

         RCON3000        0        27.b.   

28. Total equity capital (sum of items 27.a and 27.b)

         RCONG105        1,737,446        28.   

29. Total liabilities and equity capital (sum of items 21 and 28)

         RCON3300        19,452,015        29.   

 

(1) Includes noninterest-bearing demand, time, and savings deposits.
(2) Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.”
(3) Includes all securities repurchase agreements, regardless of maturity.
(4) Includes limited-life preferred stock and related surplus.
(5) Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, and accumulated defined benefit pension and other postretirement plan adjustments.
(6) Includes treasury stock and unearned Employee Stock Ownership Plan shares.

Schedule RC 17

Schedule RC—Continued

Memoranda

To be reported with the March Report of Condition.

 

            Number       

1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2015

      RCON6724         N/A       M.1.

 

1    = Independent audit of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the bank
2    = Independent audit of the bank’s parent holding company conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the consolidated holding company (but not on the bank separately)
3    = Attestation on bank management’s assertion on the effectiveness of the bank’s internal control over financial reporting by a certified public accounting firm
4    = Directors’ examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state chartering authority)
5    = Directors’ examination of the bank performed by other external auditors (may be required by state chartering authority)
6    = Review of the bank’s financial statements by external auditors
7    = Compilation of the bank’s financial statements by external auditors
8    = Other audit procedures (excluding tax preparation work)
9    = No external audit work
 

 

            Date         

To be reported with the March Report of Condition.

         

2. Bank’s fiscal year-end date (report the date in MMDD format)

      RCON8678         N/A         M.2.