EX-25 6 g21608exv25.htm EX-25 exv25
Exhibit 25
 
 
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 MELLON
TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     
 
  95-3571558
(State of incorporation
  (I.R.S. employer
if not a U.S. national bank)
  identification no.)
     
700 South Flower Street
   
Suite 500
   
Los Angeles, California
  90017     
(Address of principal executive offices)
  (Zip code)
 
TERREMARK WORLDWIDE, INC.
(Exact name of obligor as specified in its charter)
     
Delaware
  84-0873124
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)

 


 

         
    State or Other    
    Jurisdiction of   I.R.S. Employer
Exact name of registrant   Incorporation or   Identification
as specified in its charter   Organization   Number
 
       
NAP of the Capital Region, LLC
  Florida   20-8423081
 
       
NAP West, LLC
  Delaware   26-4547935
 
       
Park West Telecommunications Investors, Inc.
  Florida   65-1008363
 
       
Spectrum Telecommunications Corp.
  Delaware   65-0811309
 
       
TECOTA Services Corp.
  Delaware   52-2220127
 
       
Technology Center of the Americas, LLC
  Delaware   65-1086617
 
       
Terremark DataVaulting LLC
  Virginia   32-0008848
 
       
Terremark Europe, Inc.
  Florida   20-2499394
 
       
Terremark Federal Group, Inc.
  Delaware   20-3169768
 
       
Terremark Financial Services, Inc.
  Florida   65-0738864
 
       
Terremark Fortune House #1, Inc.
  Florida   65-0532523
 
       
Terremark Latin America, Inc.
  Florida   65-1040251
 
       
Terremark Management Services, Inc.
  Florida   59-2298159
 
       
Terremark North America, Inc.
  Florida   65-1018178
 
       
Terremark Realty, Inc.
  Florida   59-2298153
 
       
Terremark Technology Contractors, Inc.
  Florida   59-2223070
 
       
Terremark Trademark Holdings, Inc.
  Nevada   65-1018152
 
       
TerreNAP Data Centers, Inc.
  Florida   65-1008925
 
       
TerreNAP Services, Inc.
  Florida   65-0909777

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One Biscayne Tower
 
2 South Biscayne Boulevard, Suite 2800
 
Miami, Florida
  33131
(Address of principal executive offices)
  (Zip code)
 
12.0% Senior Secured Notes due 2017
and Guarantees of 12.0% Senior Secured Notes due 2017
(Title of the indenture securities)
 
 
 
 
 

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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 Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).
 
  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. 333-152875).

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  4.   A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-157537).
 
  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. 333-152875).
 
  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.

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SIGNATURE
     Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon 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 Jacksonville, and State of Florida, on the 4th day of May, 2010.
         
  THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
 
 
  By:   /S/ CHRISTIE LEPPERT    
    Name:   CHRISTIE LEPPERT   
    Title:   VICE PRESIDENT   
 

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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
     At the close of business March 31, 2010, 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
    1,504  
Interest-bearing balances
    288  
Securities:
       
Held-to-maturity securities
    12  
Available-for-sale securities
    581,259  
Federal funds sold and securities purchased under agreements to resell:
       
Federal funds sold
    113,000  
Securities purchased under agreements to resell
    0  
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)
    10,486  
Other real estate owned
    0  
Investments in unconsolidated subsidiaries and associated companies
    2  
Direct and indirect investments in real estate ventures
    0  
Intangible assets:
       
Goodwill
    856,313  
Other intangible assets
    237,642  
Other assets
    166,465  
 
     
Total assets
  $ 1,966,971  
 
     

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    Dollar Amounts  
    in Thousands  
LIABILITIES
       
Deposits:
       
In domestic offices
    533  
Noninterest-bearing
    533  
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)
    268,691  
Not applicable
       
Not applicable
       
Subordinated notes and debentures
    0  
Other liabilities
    210,010  
Total liabilities
    479,234  
Not applicable
       
 
       
EQUITY CAPITAL
       
 
       
Perpetual preferred stock and related surplus
    0  
Common stock
    1,000  
Surplus (exclude all surplus related to preferred stock)
    1,121,520  
Not applicable
       
Retained earnings
    364,077  
Accumulated other comprehensive income
    1,140  
Other equity capital components
    0  
Not available
       
Total bank equity capital
    1,487,737  
Noncontrolling (minority) interests in consolidated subsidiaries
    0  
Total equity capital
    1,487,737  
 
     
Total liabilities and equity capital
    1,966,971  
 
     
     I, Karen Bayz, Managing Director 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      )      Managing Director
     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.
Troy Kilpatrick, President   )     
Frank P. Sulzberger, MD     )      Directors (Trustees)
William D. Lindel of, MD    )     

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