Ontario · CCAA
Responding Motion Record of the Independent Director - Part 6 of 20
Application / notice of application · 30 September 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing1 verified
- secured creditorsnote: Outstanding balance not stated; amount left null. CCAA Financing Order dated April 16, 2012 authorizes borrowing not exceeding US$36,000,000 absent further order and approves the Credit Agreement. Lender Additional Compensation is payable from cash collateral accounts (Additional Compensation and Principal Cash Collateral Accounts), subject to a Cap and Criminal Code s.347 adjustments. Credit Agreement governed by Ontario law, signed by Crystallex (President) and Tenor. · page: 12 · debtor: Crystallex International Corporation · creditor: Tenor Special Situation Fund I, LLC (DIP Lender) · currency: USD · security: Senior secured DIP credit facility under a Credit Agreement dated as of April 23, 2012, secured per the Security Documents. Grid Note face amount / facility cap: US$36,000,000 (a facility limit, not an outstanding balance). Form of Grid Note Schedule A lists advances of $9,000,000 (Initial Loan), $12,000,000 (Final Order Loan), $10,000,000 (Incremental Loan) and $5,000,000 (Supplemental Loan), each at 10%. The Schedule is an unexecuted form with blank dates and balances; those entries are form tranches, not funded advances, and no unpaid principal balance is stated.