Manitoba · Receivership (court-appointed)
Affidavit of J. Coonan sworn March 25, 2025
Affidavit · 25 March 2025
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What we verified from this filing2 verified
- secured creditorsnote: No specific facility amount or balance stated on these pages · page: 2 · debtor: TED Group (various members) · creditor: Roynat Inc. · currency: CAD · security: Credit facilities made available secured by various assets of the TED Group (details not specified on these pages)
- secured creditorsnote: Amounts stated are facility/credit limits, not outstanding balances; outstanding balance not stated on these pages. T.E.D. Group Holdings Ltd. is guarantor. Personal guarantees also exist (see guarantee documents, individual signatories not companies). · page: 8 · debtor: BNS Borrowers (Rondex, Canada Car, Can-West, Global, Oasis, SVL, Dexron, Everbret) · creditor: The Bank of Nova Scotia · currency: CAD · security: Operating Credit Line - total principal amount of $4,500,000 (facility limit); Corporate Card - maximum amount of $500,000 (facility limit, Rondex/Canada Car/Can-West); Oasis CAD Card - total amount of $100,000 (facility limit); Oasis USD Card - total amount of $100,000 USD (facility limit); security interest granted under BNS Operating Line Agreements, BNS LOC/LOGs, and Acceptance Agreements over all present and future property/security held by the Bank