EX-25.3 4 d884982dex253.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)

 

 

44-0201230

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

    State or Other Jurisdiction of
        Incorporation or Organization         		    I.R.S. Employer
Identification Number

30 West Pershing, LLC

    Missouri    41-2039368

Cantera 30 Theatre, L.P.

    Delaware    43-1884501

ECE I, LLC

    Delaware    46-2144353

ECS Douglas I, LLC

    Delaware    45-1271582

Education Capital Solutions, LLC

    Delaware    35-2296092

EPR Hialeah, Inc.

    Missouri    30-0197409

EPT 909, Inc.

    Delaware    27-2523665

EPT Charlotte, LLC

    Delaware    45-5007632

EPT Crotched Mountain, Inc.

    Missouri    86-1150060

EPT Dallas, LLC

    Delaware    27-4111486

EPT DownREIT II, Inc.

    Missouri    43-1818086

EPT Fontana, LLC

    Delaware    27-3677983

EPT Gulf Pointe, Inc.

    Delaware    26-0814259

EPT Huntsville, Inc.

    Delaware    20-5717893

EPT Kalamazoo, Inc.

    Missouri    74-3139121

EPT Mad River, Inc.

    Missouri    86-1150058

EPT Melbourne, Inc.

    Missouri    20-1341980

EPT Mesquite, Inc.

    Delaware    26-0814568

EPT Mount Attitash, Inc.

    Delaware    20-8802995

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 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

Flik, Inc.

    Delaware    16-1653228

Megaplex Four, Inc.

    Missouri    43-1922877

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    43-1928793

 

(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 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 (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. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached hereto as Exhibit 6.

 

  7. Report of Condition of the Trustee as of December 31, 2014 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 6th of March, 2015.

 

By: /s/ Mark B. Flannagan
Mark B. Flannagan
Executive Vice President

Exhibit 6

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, UMB 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: March 6, 2015

 

By: /s/ Mark B. Flannagan
Mark B. Flannagan
Executive Vice President

Exhibit 7

(See Attached)

December 2014 FFIEC 041     UMB Bank N.A. - ID RSSD# 0000936855    Printed: 01/29/2015 - 03:41 pm

 

      Schedule RC         15   

Consolidated Report of Condition for Insured Banks

and Savings Associations for December 31, 2014

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             Bil   |   Mil  |   Thou       

Assets

              

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

              

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

           RCON0081         441,963       1.a.

b. Interest-bearing balances (2)

           RCON0071         1,539,190       1.b.

2. Securities:

              

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

           RCON1754         278,054       2.a.

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

           RCON1773         6,911,936       2.b.

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

              

a. Federal funds sold

           RCONB987         22,654       3.a.

b. Securities purchased under agreements to resell (3)

           RCONB989         95,451       3.b.

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

              

a. Loans and leases held for sale

           RCON5369         624       4.a.

b. Loans and leases, net of unearned income

     RCONB528         7,465,538             4.b.

c. LESS: Allowance for loan and lease losses

     RCON3123         76,140             4.c.

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

           RCONB529         7,389,398       4.d.

5. Trading assets (from Schedule RC-D)

           RCON3545         9,097       5.

6. Premises and fixed assets (including capitalized leases)

           RCON2145         208,556       6.

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

           RCON2150         394       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         90,011       10.a.

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

           RCON0426         8,568       10.b.

11. Other assets (from Schedule RC-F)

           RCON2160         216,662       11.

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

           RCON2170         17,212,558       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.

December 2014 FFIEC 041     UMB Bank N.A. - ID RSSD# 0000936855    Printed: 01/29/2015 - 03:41 pm

 

      Schedule RC         16   

Schedule RC—Continued

 

    Dollar Amounts in Thousands             Bil   |   Mil  |   Thou       

Liabilities

              

13. Deposits:

              

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

           RCON2200         13,760,481       13.a.

(1) Noninterest-bearing (1)

     RCON6631         5,787,592             13.a.(1)

(2) Interest-bearing

     RCON6636         7,972,889             13.a.(2)

b. Not applicable

              

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

              

a. Federal funds purchased (2)

           RCONB993         42,048       14.a.

b. Securities sold under agreements to repurchase (3)

           RCONB995         1,983,429       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         8,810       16.

17. Not applicable

              

18. Not applicable

              

19. Subordinated notes and debentures (4)

           RCON3200         0       19.

20. Other liabilities (from Schedule RC-G)

           RCON2930         105,215       20.

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

           RCON2948         15,899,983       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         533,371       25.

26.

              

a. Retained earnings

           RCON3632         746,948       26.a.

b. Accumulated other comprehensive income (5)

           RCONB530         11,006       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         1,312,575       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         1,312,575       28.

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

           RCON3300         17,212,558       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.

December 2014 FFIEC 041     UMB Bank N.A. - ID RSSD# 0000936855    Printed: 01/29/2015 - 03:41 pm

 

      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 2013

      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

 

            MM/DD         

To be reported with the March Report of Condition.

         

2. Bank’s fiscal year-end date

      RCON8678         N/A         M.2.