EX-25.1 31 d870165dex251.htm EX-25.1 EX-25.1

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)

 

 

THE BANK OF NEW YORK MELLON

(Exact name of trustee as specified in its charter)

 

 

 

New York   13-5160382

(State of incorporation

if not a U.S. national bank)

 

(I.R.S. employer

identification no.)

One Wall Street, New York, NY   10286
(Address of principal executive offices)   (Zip code)

 

 

Cedar Fair, L.P.

(Exact name of obligor as specified in its charter)

 

Delaware   34-1560655

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification no.)

One Cedar Point Drive

Sandusky, Ohio

  44870-5259
(Address of principal executive offices)   (Zip code)

 

 

Canada’s Wonderland Company

(Exact name of obligor as specified in its charter)

 

 

 

Canada   98-0524175

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification no.)

One Cedar Point Drive

Sandusky, Ohio

  44870-5259
(Address of principal executive offices)   (Zip code)

Magnum Management Corporation

(Exact name of obligor as specified in its charter)

 

Ohio   34-6525545

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification no.)

One Cedar Point Drive

Sandusky, Ohio

  44870-5259
(Address of principal executive offices)   (Zip code)

SEE TABLE OF ADDITIONAL OBLIGORS

 

 

5.375% Senior Notes due 2024

Guarantees of 5.375% Senior Notes due 2024

(Title of the indenture securities)

 

 

 


TABLE OF ADDITIONAL OBLIGORS

 

Exact Name of Registrant Guarantor as

Specified in its Charter

  

State or Other
Jurisdiction of
Incorporation
or
Organization

  

I.R.S.

Employer

Identification

Number

    

Address of Principal

Executive Offices

Carowinds LLC

   Delaware    06-1346301*     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Cedar Fair Southwest Inc.

   Delaware    06-1346301     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Cedar Point Park LLC

   Delaware    52-2068285*     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Dorney Park LLC

   Delaware    52-2068285*     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Geauga Lake LLC

   Delaware    34-6525545*     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Kings Dominion LLC

   Delaware    06-1346301*     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Kings Island Company

   Delaware    31-1088699     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Kings Island Park LLC

   Delaware    31-1088699*     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Knott’s Berry Farm LLC

   Delaware   

52-2068285*

    

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Michigan’s Adventure, Inc.

   Michigan    38-2173895     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Michigan’s Adventure Park LLC

   Delaware    38-2173895*     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Millennium Operations LLC

   Delaware    52-2068285     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Valleyfair LLC

   Delaware    52-2068285*     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Wonderland Company Inc.

   Delaware    13-3929556     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

Worlds of Fun LLC

   Delaware    52-2068285*     

One Cedar Point Drive

Sandusky, Ohio 44870-5259

 

* Carowinds LLC, Cedar Point Park LLC, Dorney Park LLC, Geauga Lake LLC, Kings Dominion LLC, Kings Island Park LLC, Knott’s Berry Farm LLC, Michigan’s Adventure Park LLC, Valleyfair LLC and Worlds of Fun LLC are entities that are disregarded from their owners for U.S. federal income tax purposes. Therefore, we have listed the Employer Identification Number of such entities’ owners in the table above.


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

Superintendent of Banks of the State of New York

   One State Street, New York, NY 10004-1417

Federal Reserve Bank of New York

  

33 Liberty Street

New York, NY 10045

Federal Deposit Insurance Corporation

  

550 17th Street, N.W.

Washington, D.C. 20429

  

3501 N. Fairfax Drive

Arlington, VA 22226

The Clearing House Association, L.L.C.

  

450 West 33rd Street

New York, NY 10001

 

  (b) Whether it is authorized to exercise corporate trust powers.

Yes.

 

2. Affiliations with Obligors.

If any of the obligors is an affiliate of the trustee, describe each such affiliation.

None.

 

3-15. Pursuant to General Instruction B of the Form T-1, no responses are included for Items 3-15 of this Form T-1 because, to the best of The Bank of New York Mellon’s knowledge, the obligors are not in default on any securities issued under indentures under which The Bank of New York Mellon acts as trustee and the trustee is not a foreign trustee as provided under Item 15.

 

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 Organization Certificate of The Bank of New York Mellon (formerly The Bank of New York and formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672, Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121195 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152735.)

 

  4. A copy of the existing By-Laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-187736.)

 

  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. 333-152735.)

 

  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.


SIGNATURE

Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on the 12th day of March, 2015.

 

THE BANK OF NEW YORK MELLON
By:

/s/ Arlene Thelwell

Arlene Thelwell

Vice President


EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON

of One Wall Street, New York, N.Y. 10286

And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business December 31, 2014, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

 

ASSETS    Dollar amounts in thousands  

Cash and balances due from depository institutions:

  

Noninterest-bearing balances and currency and coin

     6,317,000   

Interest-bearing balances

     105,168,000   

Securities:

  

Held-to-maturity securities

     20,186,000   

Available-for-sale securities

     95,176,000   

Federal funds sold and securities purchased under agreements to resell:

  

Federal funds sold in domestic offices

     70,000   

Securities purchased under agreements to resell

     10,534,000   

Loans and lease financing receivables:

  

Loans and leases held for sale

     21,000   

Loans and leases, net of unearned income

     35,904,000   

LESS: Allowance for loan and lease losses

     168,000   

Loans and leases, net of unearned income and allowance

     35,736,000   

Trading assets

     7,279,000   

Premises and fixed assets (including capitalized leases)

     1,043,000   

Other real estate owned

     3,000   

Investments in unconsolidated subsidiaries and associated companies

     556,000   

Direct and indirect investments in real estate ventures

     0   

Intangible assets:

  

Goodwill

     6,405,000   

Other intangible assets

     1,152,000   


Other assets

  14,520,000   
  

 

 

 

Total assets

  304,166,000   
  

 

 

 

LIABILITIES

Deposits:

In domestic offices

  137,928,000   

Noninterest-bearing

  95,930,000   

Interest-bearing

  41,998,000   

In foreign offices, Edge and Agreement subsidiaries, and IBFs

  119,551,000   

Noninterest-bearing

  8,281,000   

Interest-bearing

  111,270,000   

Federal funds purchased and securities sold under agreements to repurchase:

Federal funds purchased in domestic offices

  2,155,000   

Securities sold under agreements to repurchase

  3,490,000   

Trading liabilities

  6,798,000   

Other borrowed money: (includes mortgage indebtedness and obligations under capitalized leases)

  5,925,000   

Not applicable

Not applicable

Subordinated notes and debentures

  765,000   

Other liabilities

  6,284,000   
  

 

 

 

Total liabilities

  282,896,000   
  

 

 

 

EQUITY CAPITAL

Perpetual preferred stock and related surplus

  0   

Common stock

  1,135,000   

Surplus (exclude all surplus related to preferred stock)

  10,061,000   

Retained earnings

  10,852,000   

Accumulated other comprehensive income

  -1,128,000   

Other equity capital components

  0   

Total bank equity capital

  20,920,000   

Noncontrolling (minority) interests in consolidated subsidiaries

  350,000   

Total equity capital

  21,270,000   
  

 

 

 

Total liabilities and equity capital

  304,166,000   
  

 

 

 


I, Thomas P. Gibbons, Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.

 

      Thomas P. Gibbons,

Chief Financial Officer

We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.

 

Gerald L. Hassell

Catherine A. Rein

Michael J. Kowalski

 

Directors