EX-25.1 5 t13895exv25w1.txt EX-25.1 ================================================================================ 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) [ ] ------------------------------------------------------- U.S. BANK NATIONAL ASSOCIATION (Exact name of Trustee as specified in its charter) 31-0841368 (I.R.S. Employer Identification No.) 800 Nicollet Mall Minneapolis, Minnesota 55402 ---------------------------------------- ----------------------- (Address of principal executive offices) (Zip Code) Frank Leslie U.S. Bank National Association 60 Livingston Avenue St. Paul, MN 55107 (651) 495-3913 (Name, address and telephone number of agent for service) -------------------------- IMAX CORPORATION (Exact name of obligor as specified in its charter) Canada 98-0140269 ---------------------------------------- ------------------------------------ (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 2525 Speakman Drive Mississauga, Ontario, Canada L5K 1B1 ---------------------------------------- ------------------------------------ (Address of Principal Executive Offices) (Zip Code) SEE TABLE OF ADDITIONAL OBLIGORS -------------------------- 9 5/8% SENIOR NOTES DUE 2010 (Title of the indenture securities) ================================================================================ TABLE OF ADDITIONAL OBLIGORS
EXACT NAME OF ADDITIONAL OBLIGOR JURISDICTION OF IRS EMPLOYER PRINCIPAL EXECUTIVE OFFICE FORMATION IDENTIFICATION NO. -------------------------------- --------------- ------------------ ---------------------------------- 1329507 ONTARIO INC. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 3D SEA II LTD. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 924689 ONTARIO INC. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 BIG ENGINE FILMS INC. Delaware Not yet 110 E. 59th Street, Suite 2100 available New York, New York 10022 phone: (212) 821-0100 DAVID KEIGHLEY PRODUCTIONS 70MM INC. Delaware 95-3996963 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX (TITANIC) INC. Delaware 98-0123185 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX (TITANICA) LTD. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 IMAX CHICAGO THEATRE LLC Delaware 82-0565362 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX FILM HOLDING CO. Delaware -- 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX FORUM RIDE, INC. Nevada 88-0360462 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX II U.S.A. INC. Delaware 51-0373323 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX INDIANAPOLIS LLC Indiana -- 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX MINNESOTA HOLDING CO. Delaware 52-2254901 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX MUSIC LTD. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 IMAX PROVIDENCE GENERAL PARTNER CO. Delaware 52-2054994 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100
EXACT NAME OF ADDITIONAL OBLIGOR JURISDICTION OF IRS EMPLOYER PRINCIPAL EXECUTIVE OFFICE FORMATION IDENTIFICATION NO. -------------------------------- --------------- ------------------ ---------------------------------- IMAX PROVIDENCE LIMITED PARTNER CO. Delaware 52-2054995 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX RHODE ISLAND LIMITED PARTNERSHIP Rhode Island 98-0176677 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX SANDDE ANIMATION INC. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 IMAX SCRIBE INC. Delaware 51-0373325 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX SPACE LTD. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 IMAX THEATRE HOLDING (BROSSARD) INC. Canada -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 IMAX THEATRE HOLDING (CALIFORNIA I) CO. Delaware 52-2054998 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX THEATRE HOLDING (CALIFORNIA II) CO. Delaware 52-2054999 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX THEATRE HOLDING (NYACK I) CO. Delaware 52-2055001 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX THEATRE HOLDING (NYACK II) CO. Delaware 52-2055002 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX THEATRE HOLDING CO. Delaware 52-2054997 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX THEATRE HOLDINGS (OEI) INC. Delaware 52-2054993 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX THEATRE MANAGEMENT (SCOTTSDALE), INC. Arizona 86-0686026 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX THEATRE MANAGEMENT COMPANY Delaware 52-2054996 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 IMAX THEATRE SERVICES LTD. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 IMAX U.S.A. INC. Delaware 98-0159490 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100
EXACT NAME OF ADDITIONAL OBLIGOR JURISDICTION OF IRS EMPLOYER PRINCIPAL EXECUTIVE OFFICE FORMATION IDENTIFICATION NO. -------------------------------- --------------- ------------------ ---------------------------------- MIAMI THEATRE LLC Delaware 65-0888857 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 MOUNTAINVIEW THEATRE MANAGEMENT LTD. Alberta -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 NYACK THEATRE LLC New York 98-0202278 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 PARKER PICTURES LTD. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 RIDEFILM CORPORATION Delaware 04-3222960 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 RPM PICTURES LTD. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 SACRAMENTO THEATRE LLC Delaware 68-0432572 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 SONICS ASSOCIATES, INC. Alabama 63-0623302 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 STARBOARD THEATRES LTD. Canada -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 STRATEGIC SPONSORSHIP CORPORATION Delaware 52-1723753 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 TANTUS FILMS LTD. Canada -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 TANTUS II FILMS LTD. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500 TAURUS-LITTROW PRODUCTIONS INC. Delaware -- 110 E. 59th Street, Suite 2100 New York, New York 10022 phone: (212) 821-0100 WIRE FRAME FILMS LTD. Ontario -- 2525 Speakman Drive, Mississauga, Ontario L5K 1B1 phone: (905) 403-6500
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. Comptroller of the Currency Washington, D.C. b) Whether it is authorized to exercise corporate trust powers. Yes ITEM 2. AFFILIATIONS WITH OBLIGORS. IF ANY OF THE OBLIGORS 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, none of the obligors is 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.* 2. A copy of the certificate of authority of the Trustee to commence business.* 3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers.* 4. A copy of the existing bylaws of the Trustee.* 6. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939. 7. Report of Condition of the Trustee as of March 31, 2004, published pursuant to law or the requirements of its supervising or examining authority. * Incorporated by reference to Registration Statement No. 333-67188. NOTE The answers to this statement insofar as such answers relate to what persons have been underwriters for any securities of the obligors within three years prior to the date of filing this statement, or what persons are owners of 10% or more of the voting securities of the obligors, or affiliates, are based upon information furnished to the Trustee by the obligors. While the Trustee has no reason to doubt the accuracy of any such information, it cannot accept any responsibility therefor. SIGNATURE Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. 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 St. Paul, State of Minnesota on the 23rd day of August, 2004. U.S. BANK NATIONAL ASSOCIATION By: /s/ Frank P. Leslie III -------------------------------- Frank P. Leslie III Vice President By: /s/ Richard H. Prokosch -------------------------------- Richard H. Prokosch Vice President EXHIBIT 6 CONSENT In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. 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: August 23, 2004 U.S. BANK NATIONAL ASSOCIATION By: /s/ Frank P. Leslie III -------------------------------- Frank P. Leslie III Vice President By: /s/ Richard H. Prokosch -------------------------------- Richard H. Prokosch Vice President EXHIBIT 7 U.S. BANK NATIONAL ASSOCIATION STATEMENT OF FINANCIAL CONDITION AS OF 03/31/2004 ($000'S)
03/31/2004 ------------ ASSETS Cash and Due From Depository Institutions $ 7,180,778 Federal Reserve Stock 0 Securities 45,038,794 Federal Funds 2,593,702 Loans & Lease Financing Receivables 116,474,594 Fixed Assets 1,789,213 Intangible Assets 10,532,022 Other Assets 7,996,466 ------------ TOTAL ASSETS $191,605,569 LIABILITIES Deposits $126,605,087 Fed Funds 5,698,785 Treasury Demand Notes 3,981,328 Trading Liabilities 252,912 Other Borrowed Money 23,295,560 Acceptances 148,067 Subordinated Notes and Debentures 5,807,310 Other Liabilities 5,587,914 ------------ TOTAL LIABILITIES $171,376,963 EQUITY Minority Interest in Subsidiaries $ 1,005,645 Common and Preferred Stock 18,200 Surplus 11,677,397 Undivided Profits 7,527,364 ------------ TOTAL EQUITY CAPITAL $ 20,228,606 TOTAL LIABILITIES AND EQUITY CAPITAL $191,605,569
-------------------------------------------------------------------------------- To the best of the undersigned's determination, as of the date hereof, the above financial information is true and correct. U.S. BANK NATIONAL ASSOCIATION By: /s/ Frank P. Leslie III ---------------------------------- Vice President Date: August 23, 2004