EX-25.1 7 a2178518zex-25_1.htm EXHIBIT 25.1
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Exhibit 25.1

FORM T-1

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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 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.)

700 South Flower Street
Suite 500
Los Angeles, California
(Address of principal executive offices)

 

90017
(Zip code)

IRON MOUNTAIN INCORPORATED
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  23-2588479
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

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

Delaware
(State or other jurisdiction of
incorporation or organization)
  94-3229868
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)



Iron Mountain Global, Inc.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  04-3441680
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

Iron Mountain Global LLC
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  04-3545070
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

Iron Mountain Government Services Incorporated
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  54-2110823
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

Iron Mountain Information Management, Inc.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  04-3038590
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

2



Iron Mountain Intellectual Property Management, Inc.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  77-0154485
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

Iron Mountain Statutory Trust—1998
(Exact name of obligor as specified in its charter)

Connecticut
(State or other jurisdiction of
incorporation or organization)
  06-6466469
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

Iron Mountain Statutory Trust—1999
(Exact name of obligor as specified in its charter)

Connecticut
(State or other jurisdiction of
incorporation or organization)
  06-6496076
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

Iron Mountain Statutory Trust—2001
(Exact name of obligor as specified in its charter)

Connecticut
(State or other jurisdiction of
incorporation or organization)
  20-7474719
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

3



Mountain Real Estate Assets, Inc.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  04-3545066
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

Mountain Reserve III, Inc.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  47-0952067
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

Nettlebed Acquisition Corp.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  20-0388018
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

Treeline Services Corporation
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  54-2110821
(I.R.S. employer
identification no.)

745 Atlantic Avenue
Boston, Massachusetts
(Address of principal executive offices)

 

02111
(Zip code)

Senior Subordinated Debt Securities
(Title of the indenture securities)

4


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.

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 Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).

    2.
    A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).

    3.
    A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).

    4.
    A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).

    6.
    The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-121948).

    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.

5


SIGNATURE

        Pursuant to the requirements of the Act, the trustee, The Bank of New York 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 Boston, and State of Massachusetts, on the 12th day of July, 2007.

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

 

 

By:

 

/s/ JULIE A. BALERNA

    Name: JULIE A. BALERNA
Title:    VICE PRESIDENT

6


EXHIBIT 7

Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017

        At the close of business March 31, 2007, published in accordance with Federal regulatory authority instructions.

 
  Dollar Amounts
in Thousands

ASSETS      
Cash and balances due from depository institutions:      
  Noninterest-bearing balances and currency and coin     2,391
  Interest-bearing balances     0
Securities:      
  Held-to-maturity securities     40
  Available-for-sale securities     65,083
Federal funds sold and securities purchased under agreements to resell:      
  Federal funds sold     48,400
  Securities purchased under agreements to resell     54,885
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)     8,755
Other real estate owned     0
Investments in unconsolidated subsidiaries and associated companies     0
Not applicable      
Intangible assets:      
  Goodwill     924,236
  Other Intangible Assets     270,030
Other assets     143,616
   
Total assets   $ 1,517,436
   
       

1


LIABILITIES      
Deposits:      
  In domestic offices     1,691
  Noninterest-bearing     1,691
  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)     118,691
Not applicable      
Not applicable      
Subordinated notes and debentures     0
Other liabilities     126,416
Total liabilities     246,798
Minority interest in consolidated subsidiaries     0

EQUITY CAPITAL

 

 

 
Perpetual preferred stock and related surplus     0
Common stock     1,000
Surplus (exclude all surplus related to preferred stock)     1,121,520
Retained earnings     148,100
Accumulated other comprehensive income     18
Other equity capital components     0
Total equity capital     1,270,638
   
Total liabilities, minority interest, and equity capital (sum of items 21, 22, and 28)     1,517,436
   

        I, Karen Bayz, Vice President 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.

    Karen Bayz        )        Vice President

        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.

Michael K. Klugman, President   )    
Frank P. Sulzberger, MD   )   Directors (Trustees)
Michael F. McFadden, MD   )    

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Exhibit 25.1