Ontario · Receivership (court-appointed)
First Report of the Receiver dated March 5, 2020
Court officer report · 5 March 2020
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What we verified from this filing5 verified
- secured creditorsnote: TD Bank advised Receiver's counsel that no money is owed by the Company to TD Bank · page: 5 · amount: 0 · debtor: 9265988 Canada Corp. · creditor: The Toronto-Dominion Bank · currency: CAD · security: PPSA financing statement registered against the Company
- secured creditorsnote: Also holds a PPSA financing statement registered against the Company; also party to a deposit trust agreement re: pre-sold townhome deposits · page: 5 · amount: 3500000 · debtor: 9265988 Canada Corp. · creditor: Trisura Guarantee Company of Canada · currency: CAD · security: Mortgage registered on title to the Property
- secured creditorsnote: Approximate combined amount as stated ($6.9 million); individual components not broken out · page: 5 · amount: 6900000 · debtor: 9265988 Canada Corp. · creditor: 9439676 Canada Inc., 10855278 Canada Inc. and 2592536 Ontario Inc. · currency: CAD · security: Mortgages registered on title to the Property
- secured creditorsnote: Loan syndicated; Vector Financial Services Limited is agent/lead, MarshallZehr is administrator; loan was used to refinance existing mortgages on the Property; figure is original committed loan amount, not a stated outstanding balance · page: 5 · as of: 2018-04-19 · amount: 18000000 · debtor: 9265988 Canada Corp. · creditor: MarshallZehr Group Inc. (as Administrator, syndicated Loan led by Vector Financial Services Limited) · currency: CAD · security: Mortgage on the Property (201, 227, 235 King Road, Richmond Hill, Ontario); original facility amount per commitment letter dated April 19, 2018, as amended
- secured creditorsnote: Also lead lender/agent under the syndicated Loan secured by mortgage; PPSA registration amount not stated separately · page: 5 · debtor: 9265988 Canada Corp. · creditor: Vector Financial Services Limited · currency: CAD · security: PPSA financing statement registered against the Company