Court File No. 31-1890162 ONTARIO SUPERIOR COURT OF JUSTICE (IN BANKRUPTCY AND INSOLVENCY)

Court File No. 31-1890162
ONTARIO
SUPERIOR COURT OF JUSTICE
(IN BANKRUPTCY AND INSOLVENCY)
IN THE MATTER OF THE NOTICE OF INTENTION TO MAKE A PROPOSAL OF
HERBAL MAGIC INC., A CORPORATION WITH A HEAD OFFICE IN THE CITY OF
TORONTO IN THE PROVINCE OF ONTARIO
SUPPLEMENT TO THE SECOND REPORT OF
PRICEWATERHOUSECOOPERS INC.
AS PROPOSAL TRUSTEE
UNDER THE NOTICE OF INTENTION TO MAKE A PROPOSAL
JULY 30, 2014
1
A.
INTRODUCTION .................................................................................................................... 3
B.
STATUS OF CONSENTS FOR THE ASSIGNMENT OF CONTRACTS .................................. 3
APPENDICES
A. Updated Listing of Landlord and Counterparty Assignment Consents Received
B. Updated Listing of Landlord and Counterparty Assignment Consents Not Yet Received
2
A. INTRODUCTION
1. This report is a supplement (“Supplemental Report”) to the Proposal Trustee’s Second
Report filed with the Court on July 24, 2014 and should be read in conjunction therewith.
2. The purpose of this Supplemental Report is to provide this Court with an update on the
status of the Company’s efforts to obtain landlords’ and counterparties’ Consents to the
assignment of the Real Property Leases and the Assumed Contracts the Purchaser wishes to
have assigned to it.
B. STATUS OF CONSENTS FOR THE ASSIGNMENT OF CONTRACTS
3. Since the filing of the Second Report, the Proposal Trustee advises that an additional 9
parties have been contacted by telephone and a further 39 Consents have been received.
4. Accordingly, as of 8:45 a.m. EDT on July 30, 2014, the Proposal Trustee advises the Court
that:
a. Of the 148 landlords where consent to the assignment is required:
i. 144 have been contacted directly by telephone, of which:
1. 109 are deemed critical pursuant to the 894 APA;
2. 35 are deemed not critical pursuant to the 894 APA.
ii. 4 have not yet been contacted directly by telephone1 despite efforts to do so
by the Proposal Trustee and the Company’s legal counsel, of which:
1. 2 are deemed critical pursuant to the 894 APA;
2. 2 are deemed not critical pursuant to the 894 APA.
b. All 8 of the counterparties to the Assumed Contracts that require consent to the
assignment have been contacted directly, of which:
i. 7 are deemed critical pursuant to the 894 APA;
The Proposal Trustee notes that these parties have been served all materials filed in these proceedings by
email, fax or by rush courier.
1
3
ii. 1 is deemed not critical pursuant to the 894 APA.
5. With respect to the status of the Consents, the Proposal Trustee advises the following:
a. Of the 148 landlords where consent to the assignment is required:
i. 110 have provided their consent, of which:
1. 81 are deemed critical pursuant to the 894 APA; and
2. 29 are deemed not critical pursuant to the 894 APA.
ii. 38 have not provided their consent, of which
1. 30 are deemed critical pursuant to the 894 APA; and
2. 8 are deemed not critical pursuant to the 894 APA.
b. Of the 8 counterparties to the Assumed Contracts where consent to the assignment is
required:
i. 4 have provided their consent and all 4 are deemed critical2;
ii. 4 have not provided their consent, of which
1. 3 are deemed critical pursuant to the 894 APA; and
2. 1 is deemed not critical pursuant to the 894 APA.
Of the 4 counterparty consents received, 2 relate to contracts in respect of Moneris. Moneris and the
Purchaser have entered into new agreements. In light of these new agreements, the Purchaser has agreed
to waive the condition that the consent of Moneris to the assignment is critical; however, for purposes of
maintaining consistently in tracking Consents, we have categorized the new Moneris/Purchaser contracts
as “consents received”. We anticipate Moneris and the Purchaser will execute a new agreement with
respect to the one remaining critical Moneris contract; however, this new contract will likely not be
finalized prior to the hearing.
2
4
6. Set out below is a summary of the status of the efforts in respect of the Real Property Leases
and the Assumed Contracts:
Parties Contacted Directly by Telephone
as at 7/30/2014
Counterparties
Total
Percentage
7
7
100%
1
1
100%
8
8
100%
Contacted
Critical
Other
Total
Landlords
Contacted
Total Percentage
109
111
98%
35
37
95%
144
148
97%
Parties Where Telephone Contact Not Confirmed
Landlords not yet contacted by
telephone despite efforts to do so by
as at 7/30/2014
the Proposal Trustee
Outstanding
Total Percentage
Critical
2
111
2%
Other
2
37
5%
Total
4
148
3%
Consent Received
as at 7/30/2014
Counterparties
Consents
Received
Critical
Other
Total
Total
4
0
4
Percentage
57%
0%
50%
7
1
8
Landlords
Consents
Received
81
29
110
Total Percentage
111
73%
37
78%
148
74%
7. An updated listing of the landlord and counterparty Consents that have been received is
attached as Appendix “A” and an updated listing of the landlords and counterparty Consents
that have not been received is attached as Appendix “B”.
This report is respectfully submitted this 30th day of July, 2014.
PricewaterhouseCoopers Inc.
Proposal Trustee under the Notice of Intention to Make a Proposal
Of Herbal Magic Inc.
Gregory Prince, CIRP
Senior Vice President
Sean Fleming, CIRP
Senior Vice President
5
APPENDIX A
Listing of Landlord and Counterparty Assignment
Consents Received
Herbal Magic Inc.
Landlord Consents Received as of July 30, 2014
Critical
vs
Centre Name
Landlord Name
Other
1 Critical
2 Critical
3 Critical
4 Critical
5 Critical
6 Critical
7 Critical
8 Critical
9 Critical
10 Critical
11 Critical
12 Critical
13 Critical
14 Critical
Abbotsford II
0973208 B.C. Ltd.
Landlord Address
c/o Canreal Management Corporation
Suite 409 - 808 Nelson Street
Vancouver, British Columbia
c/o Paul Lappas 249 Madeira Crescent NE,
Calgary AB T2A 4N3
2001 Sheppard Ave E. Toronto ON, M2J
Ajax II
Federal Management Group Ltd.
4Z8, Suite 300
Paramount Overseas Investments c/o Property Tech 4305 Fairview St Suite
Ancaster
Holdings Limited
#432 Burlington, ON L7L 6E8
ATTN: Alireza Arasteh 2153 Oneida Cres.
Aurora
2299653 Ontario Inc.
Mississauga ON L5C 1V7
150 Connie Cresent, Unit 4, Concord
Barrie II
Glenronan Investments Limited
ON,L4K1L9
194 Haig Road Suite 32 Belleville ON
Belleville
1479456 Ontario Inc.
K8N0A8
177 Nonquon Rd 20th Floor, Oshawa ON
Bowmanville
Valiant Rental Inc.
L1G 3S2
19 Monck Rd Main Office, Bracebridge ON
Bracebridge
TAG Enterprises
P1L 1S5
40 Vogell Road, Suite 1, Richmond Hill ON
Brampton II
County Court Centre Ltd.
L4B 3N6
Brandon
D.K. Hawking Ltd.
Box 456 Onanole, MB, R0J1N0
101-4288 Grange Street Burnaby BC V5H
Burnaby I
Hollyburn Estates Ltd.
1P2
Calgary Lincoln
#200, 1029-17 Ave SW, Calgary AB T2T
Mountain Development Corp
Park
0A9
Calgary
Calgary Co-operative Association #110, 151-86 Ave SE Calgary AB
Macleod
Limited
T3K 0R5
Airdrie
Lappas Restaurant Ltd.
Date of
Original
Lease
Lease
Expiry
Date
31-Jan-06
28-Feb-19
1-Apr-12
31-May-15
17-Jan-05
28-Feb-18
23-Jul-08
30-Apr-17
12-Mar-04
30-Jun-19
28-Aug-02
30-Nov-17
13-Jan-11
31-Jan-16
22-Jun-09
31-Mar-19
29-Mar-05
MTM
28-Jul-97
30-Nov-18
26-Jun-08
31-Jul-18
8-Apr-04
30-Apr-15
1-Mar-01
31-Mar-16
1-Jul-06
31-Dec-16
Herbal Magic Inc.
Landlord Consents Received as of July 30, 2014
Critical
vs
Centre Name
Landlord Name
Other
Landlord Address
Date of
Original
Lease
Lease
Expiry
Date
Ranchlands G.P. Ltd.
Ranchlands G.P. Ltd. c/o Humford
Management Inc. Suite 550, 808-4th Ave
SW, Calgary AB T2P 3E8
18-Jun-99
1-Sep-19
Calgary
Shawnessy
Canadian Property Holdings
(Alberta) Inc.
CREIT Management L.P. Suite 210, 1404th Ave SW Calgary Alberta T2P 3N3
18-Sep-08
31-Jan-21
17 Critical
Calgary
Springbank
1668914 Alberta Ltd.
1668914 Alberta Ltd. c/o Matrix Realty
Services #222, 755 Lake Bonavista Dr. SE
Calgary Alberta T2J 0N3
1-Oct-12
31-Jan-18
18 Critical
Cambridge III
Terrace Manor Limited
1407 Yonge St Suite 303, Toronto ON M4T
1Y7
6-Jun-06
31-Aug-16
19 Critical
Cobourg
674659 Ontario Limited
6, Hamilton Court, Cobourg ON K9A 3S3
29-Oct-09
31-Oct-14
20 Critical
Cold Lake
Gulf & Pacific Equities Corp.
13-Jun-08
30-Jun-15
21 Critical
Collingwood
WPC Investments Inc.
5-Mar-98
31-Mar-19
22 Critical
Edmonton NE
Manning Crossing Holdings Inc.
II (Manning)
5-Jun-07
30-Apr-17
23 Critical
Edmonton
Parkwest I
5-Feb-02
28-Feb-19
1-Jul-07
30-Sep-17
12-Sep-03
31-Oct-18
15 Critical
Calgary
Ranchlands
16 Critical
REID Worldwide Corporation
1300 Bay St. Suite 300, Toronto ON M5R
3K8
13490 7th Concession, King City ON L7B
1K4
Manning Crossing Holdings Inc. c/o
Partners REIT
249 Saunders Road, Unit #3, Barrie, ON,
L4N 9A3
18140 107 Avenue, Edmonton, Alberta T5S
1K5
24 Critical
Etobicoke IV
Titan Sr. Plaza Nominee Inc.
CentreCorp Management Services Limited
Suite One, 2851 John Street
Markham, Ontario
L3R 5R7
25 Critical
Guelph III
1865088 Ontario Limited
158 Dunlop Street East, Suite 201 (rear
entrance) Barrie, ON L4M 1B1
Herbal Magic Inc.
Landlord Consents Received as of July 30, 2014
Critical
vs
Centre Name
Landlord Name
Other
GPM Inc. (12) GP Inc. c/o TAG
26 Critical Hamilton 1
Management
Laurier 550 Fennell Avenue Inc.
(used to be Fenworth Plaza Inc.)
Date of
Original
Lease
Lease
Expiry
Date
22-Apr-08
30-Apr-18
150 Connie Cresent, Unit 4, Concord
ON,L4K1L9
2-Sep-05
31-Aug-15
3 Grenville Rd, Kingston ON K7M 2C6
1-Sep-13
31-Aug-18
20-Apr-06
31-Aug-15
1-Jan-09
31-Dec-18
1-Feb-07
1-Jan-15
5-Apr-11
31-Jul-19
Landlord Address
1-5510 Mainway, Burlington, Ontario, L7L
6C4
27 Critical
Hamilton IV
28 Critical
Kingston I
29 Critical
Kitchener III
30 Critical
Lacombe
Anthem Ottewell Holdings Ltd.
31 Critical
Leduc
Hardy Properties Limited
32 Critical
Lloydminster
H.P. Gartner Management Ltd.
33 Critical
London I
(Wonderland)
Westwood Power Centre Inc.
75 Blackfriars Street, London, Ontario N6H
1K8
10-Jul-06
31-Dec-16
34 Critical
Mascouche
4258631 Canada Inc.
6600 boul Decarie, Suite 300, Montreal QC
H3X 2K4
1-Mar-12
28-Feb-17
35 Critical
Midland
1638466 Ontario Ltd.
1 German Mills Rd. Thornhill ON L3T 4H4
28-Dec-10
31-Dec-14
36 Critical
Mississauga
NW 3
Mavis Mall Limited c/o REMCO
1-Dec-06
30-Nov-16
37 Critical
Mississauga
NW II
CREIT Management LP
29-Feb-08
31-Mar-18
Murva Nikas (College Variety of
Kingston Limited)
FGSC Inc. c/o Centrecorp
Management Inc.
2851 John St. Suite 1, Markham ON L3R
5R7
300-550 Burrard Street, Vancouver, BC,
V6C 2B5
Hardy Properties Limited
2610 Koyl Avenue
Saskatoon, SK
S7L 5X9
ATTN: Mike Laliberte
Suite 3-6209 44 Street, Lloydminister AB
T9V 1V8
640 Eglinton Ave West 203, Mississauga
ON L5R 3V2
175 Bloor St. E North Tower Suite N500,
Toronto ON M4W 3R8, Attn: Vice
President, Retail Real Estate
Herbal Magic Inc.
Landlord Consents Received as of July 30, 2014
Critical
vs
Centre Name
Landlord Name
Other
38 Critical
Moncton II
39 Critical
Morinville
40 Critical
Newmarket
41 Critical
Newmarket II
42 Critical
43 Critical
44 Critical
North
Battleford
North
Vancouver
North York
West I
Landlord Address
Apple Atcan Holdings Ltd.
Apple Atcan Holdings Ltd.
16 Industrial Parkway S, Aurora ON, L4G
0R4
Suite 1407 TD Tower, 10088-102 Avenue,
Morinville Properties Inc.
Edmonton. AB, T5J 2Z1
Yonge Kingston Centre Inc. c/o
2851 John St. Suite 1, Markham ON L3R
CentreCorp Management Services 5R7, Attn: Executive Vice President, Legal
Limited
Department
372 Hollandview Trail, Suite 103, Aurora
Birock Investments Inc.
ON L4G 7G3
Concorde Holdings Ltd
1171-8th St E, Saskatoon, SK S7H 0S3
2550 Westhill Dr. West Vancouver BC V7S
3B7
1485 White Horse Rd, Downsview ON M3J
Wycliffe (Wilson) Limited
2Z2
Settler Developments c/o Enright Suite 450 340-12th Ave SW, Calgary AB
Management Ltd
T2R 1L5
93 Dundas St. E, Suite 115, Mississauga ON
Rasda Holdings Ltd.
L5A 1W7
AVG Holdings
Date of
Original
Lease
Lease
Expiry
Date
20-May-03
30-Jun-17
1-Oct-10
30-Sep-15
8-Jul-98
31-Jul-18
1-Feb-07
31-Mar-17
15-May-12
31-Aug-16
1-Oct-10
31-Oct-15
5-Sep-07
30-Nov-16
1-Apr-05
31-Mar-15
1-Aug-99
31-Oct-19
45 Critical
Okotoks
46 Critical
Orangeville
47 Critical
Orillia
Patmos Investments Inc.
214 Memorial Avenue, Orillia ON L3V 5X6
2-Apr-08
31-May-18
48 Critical
Orleans
Jeanne D’Arc Ventures Inc.
A 3488 Cote de Neiges, Montreal, H3H
2M6
21-Oct-03
31-Dec-18
49 Critical
Oshawa I
766749 Ontario Limited
32 Argonne Cres. Willowdale ON M2K 2K1
16-May-05
31-May-19
50 Critical
Oshawa II
Rosehay Construction Limited
180 Steeles Avenue West, Suite 210,
Thornhill, Ontario L4J 2L1
1-Aug-02
31-Jul-18
51 Critical
Ottawa V
Cominar ON Real Estate Holdings
300-222 Queen Street, Ottawa ON K1P 9V5
Inc.
16-Jun-06
30-Jun-16
Herbal Magic Inc.
Landlord Consents Received as of July 30, 2014
Critical
vs
Centre Name
Landlord Name
Other
Landlord Address
Unit 500, 601 Dundas St E, Whitby ON
L1N 7B8
29 Connell Court, Unit 16, Toronto, ON,
M8Z 5T7
52 Critical
Peterborough I BH Parkway Place Ltd
53 Critical
Pickering I
1158560 Ontario Limited
54 Critical
Port Hope
Palscher Canada Inc.
240 Duncan Mill Rd suite 405, Toronto ON
55 Critical
Port Perry
Vello Holdings Limited o/a
Karvon Properties
56 Critical
Prince Albert
2nd Ave West Plaza
57 Critical
Red Deer
1062101 Alberta Ltd.
Unit 8 11 Sims Cres. Richmond Hill ON
L4B 1C9
Unit 2730 2nd aver w, Prince Albert SK
S6V 5E6
307 Whispering Water Bend, Calgary AB
T3Z 3T2
58 Critical
Regina Quance
59 Critical
60 Critical
Westfield East Landing
Development Ltd.
1010 Pasqua St. N. Real Estate
Regina-Pasqua
Holdings Ltd.
Supermarche Crevier
Repentigny
(Repentigny) Inc.
61 Critical
Salmon Arm
Piccadilly Place Mall Inc.
62 Critical
Sarnia
1075115 Ontario Ltd.
63 Critical
Sherwood Park 741662 Alberta Ltd.
Date of
Original
Lease
Lease
Expiry
Date
11-Jun-07
31-Aug-16
MTM
MTM
12-Oct-05
31-Mar-16
17-Jun-13
30-Jun-18
20-Oct-09
31-Mar-15
7-Sep-10
30-Sep-18
374 Albert St., Regina SK S4R 2N7
13-Sep-02
30-Sep-17
1821 Scarth St., Regina SK S4P 2G9
1-Aug-08
30-Sep-18
180, boulevard Brien Repentigny, Quebec
J6A 7E9
2-Jan-12
30-Nov-16
Attention: Manager, Agreement Services,
One Queen Street East, Suite 2200,
Toronto, ON M5C2Z2, Attn: Colliers
International Lease Services Department;
copy to: 121 King Street West, Suite 810,
Toronto, ON M5H 3T9, Attn: Glenn
D'Silva, Fund Manager, The Standard Life
Assurance Company of Canada
7-May-13
31-Oct-15
1-Oct-12
30-Sep-19
15-Dec-99
14-Dec-15
555 Murphy Rd., Sarnia, ON, N7S 5B6,
Suite 1
97- 51313 Range Rd 231, Sherwood Park,
AB T8B 1K7
Herbal Magic Inc.
Landlord Consents Received as of July 30, 2014
Critical
vs
Centre Name
Landlord Name
Other
Landlord Address
Date of
Original
Lease
Lease
Expiry
Date
64 Critical
St Albert
Artis Liberton Square Ltd.
300 Parkington Plaza, 10408-124 St,
Edmonton AB T5N 1R5
8-Nov-00
31-Jan-16
65 Critical
Stroud
Rice Development Company Inc.
17 Dean St, Brampton ON L6W 1M7
26-Mar-02
31-Mar-15
31-Jul-13
30-Sep-18
8-Jul-08
MTM
7-Nov-07
30-Nov-15
15-Dec-05
28-Feb-17
29-Sep-11
31-May-16
1-Sep-06
31-Aug-19
30-Mar-98
31-May-16
1-Jun-01
31-Jul-19
1 President's Choice Circle, 4th Floor,
South Tower, Brampton, ON L6Y 5S5,
Choice Properties Ltd. Partnership Attn: Executive Vice-President; copy to c/o
c/o Arcturus Realty Corporation Arcturus Realty Corporation, 425 Bloor
Street East, Suite 400, Toronto, ON M4W
3R4
30 Innovator Ave., Unit 12, Stouffville, ON
1825272 Ontario Inc.
L4A 0Y2
66 Critical
Tecumseh
67 Critical
Thunder Bay I
68 Critical
Thunder Bay II Dawson Heights Plaza Limited
69 Critical
70 Critical
Vancouver
Central II
Victoria III
(Colwood)
Joeys Holdings Inc.
0742265 BC Ltd
71 Critical
Waterdown
Morreti Property Limited
72 Critical
Waterloo I
EMTWO Properties Inc.
73 Critical
Whitby I
Loukas Properties Inc.
560 Squier Place, P. O. Box 10662,
Thunder Bay ON P7B 6V1, Attn: Thomas A.
Jones, Tom Jones & Sons Limited.
160 - 2498 West 41st Avenue Vancouver,
BC V6M 2A7
2244 Sooke Road, Suite 100B, Victoria, BC
V9B 1X1
2294 Islington Ave, Toronto ON M9W
3W8
6 Adelaide ST East Suite 700. Toronto ON
M5C 1H6
Loukas Properties Inc., 355 Deerhide
Crescent, Weston ON M9M 2Z2; copy to
Victoria & York Enterprises Limited, 2161
Yonge Street, Toronto ON M4S 3A6
Herbal Magic Inc.
Landlord Consents Received as of July 30, 2014
Critical
vs
Centre Name
Landlord Name
Other
3267629 Manitoba Ltd. and
74 Critical Winkler
3693415 Manitoba Ltd. o/a
Harvest Plaza
Winnipeg I
75 Critical
Spruce Developments Ltd
(Portage)
Winnipeg II (St
76 Critical
Norvan Enterprises Ltd
Vital)
Winnipeg III
Rossmere Shopping Centre Ltd.
77 Critical (North
c/o Shindico Realty
Kildonan)
78 Critical
Winnipeg IV
(Garden City)
79 Critical
Winnipeg V
80 Critical
Woodstock
81 Critical
Yorkton
82 Other
Beloeil
83 Other
Brockville
84 Other
Candiac
85 Other
Carleton Place
Fernoc Group Ltd
Landlord Address
390 1st St Unit B, Box 160, Winkler MB
R6W 4A4
Date of
Original
Lease
Lease
Expiry
Date
6-Jan-09
31-Jan-19
29-Oct-03
31-Jul-19
1-Dec-98
30-Nov-18
1355 Taylor Ave., Suite 700, Winnipeg, MB
R3M 3Y9
12-Mar-14
30-Nov-18
666 Lelia Ave, Winnipeg MB R2V 3N7
30-Nov-10
31-Dec-15
12-Mar-14
31-Jan-18
27-Sep-05
30-Nov-18
1-Jul-03
30-Jun-18
1-Jul-12
30-Jun-17
7-May-12
31-May-15
25-Jun-12
30-Jul-17
21-Apr-08
31-May-17
386 Broadway, Unit 601, Winnipeg MB
R3C 3R6
246 Dunkirk Drive, Winnipeg MB R2M
2W9
Garland, Lyon & Wilkinson
1355 Taylor Ave, Suite 200, Winnipeg MB
Partners Ltd. & Kenwal Properties
R3M 3Y9
Ltd.
156 Lakeshore Rd E, Suite 200, Oakville
Strongman Properties Inc.
ON L6J 1H4
12 Marquis Cres. South, Yorkton SK S3N
3L7; copy to Stamatinos Leland Koskie, 36 Prastos Holdings Ltd.
4th Ave. North, Drawer 188, Yorkton, SK
S3N 2V7
Place Beloeil Inc.
220 Rue Brebeuf, Beloeil QC J3G 5P3
2838 2nd Concession Road, Brockville ON
EAP Perspectives Inc.,
K6V 5T1
4, Montcalm Sud, Suite 230, Candiac,
JAG Realty (Montreal) Company
Quebec, J5R3M2
743104 Ontario Inc. O/A Roseland
PO box 649 Stittsville ON K2S 1A7
Developments
Herbal Magic Inc.
Landlord Consents Received as of July 30, 2014
Critical
vs
Centre Name
Landlord Name
Other
Landlord Address
86 Other
Chilliwack
Legacy Pacific Land Corporation
Legacy Industrial Park Ltd.
44550 South Sumas Rd. Unit 428,
Chilliwack BC V2R 5M3
87 Other
Cochrane
Grand Central Properties Inc.
88 Other
Dartmouth I
Pyxis Real Estate Equities Inc.
89 Other
Dundas
Accusound Industries Inc.
90 Other
Dunnville
Frank Bennett
91 Other
Estevan
Days Inn Estevan
92 Other
Fort Erie
1071031 Ontario Inc.
93 Other
Fort St John
Centeur Properties Limited
94 Other
Gander
Glenn Collings Limited
95 Other
Georgetown
A. Euteneier Limited
96 Other
Goderich I
Cynthia Voisin "in trust"
PO Box 266 Cochrane AB T4C 1A5
Suite 101 - 95 King Street East, Toronto
Ontario, M5C 1G4
44 Bruce Farm Drive, Toronto, ON M2H
1G5
25 Adelaide St. East Suite 900, Toronto ON
M5C 3A1
1305 9th Street, Estevan, Saskatchewan
S4A 1J1
516 Garrison Rd. Unit 5, Fort Erie ON L2A
1N2
100 - 1090 Homer Street, Vancouver, BC
V6B 2W9
20 Memorial Drive, Gander,
Newfoundland, A1V 1A4
74015 Market Place Post Office
Georgetown, Ontario L7G 5L1
Canada
101 Ira Needles Blvd. Waterloo ON N2J
3Z4
97 Other
Grand Falls
Paul Evans
98 Other
Kenora
99 Other
100 Other
Date of
Original
Lease
Lease
Expiry
Date
21-Apr-14
30-Oct-14
1-Jan-08
31-Dec-17
1-Dec-00
30-Apr-15
3-Sep-02
31-Aug-14
5-Mar-13
31-Oct-15
Not
provided
MTM
9-Jan-04
MTM
1-Jun-03
31-Jul-18
21-Feb-11
31-Mar-16
8-Feb-04
30-Apr-18
9-Jan-13
31-Jan-19
8 Hardy Ave, Grand Falls NL A2A 2P9
21-Nov-11
28-Feb-18
DeGagne Bros Limited
685 Lakeview Dr. Kenora ON P9N 3P6
1-Jan-14
MTM
Keswick
1281632 Ontario Ltd c/o Value
Centres Inc.
10-445 Edgeley Blvd. Concord ON L4K 4G1
24-Feb-03
31-Jul-17
Leamington
1762690 Ontario Inc.
3850 Dougall Ave Unit 10, Windsor ON
N9G 1X2
15-Apr-10
15-Apr-15
Herbal Magic Inc.
Landlord Consents Received as of July 30, 2014
Critical
vs
Centre Name
Landlord Name
Other
Landlord Address
156 Duncan Mill Rd Suite 23A, Toronto ON
M3B 3N2
359 Kent Street, Suite 400, Ottawa, ON,
K2P 0R6
Box 80 Atlantic Place 215 Water St. St.
John's NL A1C 6C9
Suite 6 421 Eglington Ave W, Toronto ON
M5N 1A4
101 Other
Listowel
Listowel Investments
102 Other
Ottawa IV
368744 Ontario Limited
103 Other
St Johns I
ZT Glenhill Plaza Inc. c/o Martek
Morgan Finch Inc.
104 Other
Stratford
JND Plaza Corp
105 Other
Strathmore
Sunstar Development Inc.
23 Villosa Ridge Point, Calgary AB T3Z 1H3
106 Other
Strathroy
TruJay Holdings Limited
107 Other
Swift Current
108 Other
Date of
Original
Lease
Lease
Expiry
Date
1-Dec-05
31-Aug-18
25-Nov-05
12-Mar-16
3-Mar-08
30-Apr-18
1-May-06
31-Mar-16
31-Dec-07
31-Dec-18
3480 Whiteoak Road, London, ON, N6E
2Z9,
6-Jun-97
30-Jun-15
Cory Carlson & Kimbrin Carlson
140 Central Avenue N., Swift Current, SK
1-Jun-11
31-May-16
Wasaga Beach
Remus Property Group Inc.
6 Westmount Park Rd. Toronto, ON M9P
1R5
1-Mar-08
31-Mar-18
109 Other
Weyburn
Golden West Broadcasting Ltd.
Box 340, Weyburn, SK S4H 2K2
1-Jul-11
MTM
110 Other
Wingham
Wayne & Deborah Colclough
75 Mary Street, Wingham, Ontario N0G
2W0.
21-Mar-13
30-Apr-18
Herbal Magic Inc.
Counterparty Consents Received as of July 30, 2014
Contracting
Counterparty
Critical
vs Other
Name of
Contract
Nature of
Agreement
Contracting Party Address
Date of
Contract
Contract
Expiry Date
Critical
Agreement
Internet and cloud
data services
155 Wellington Street West, Suite
3740, Toronto, ON M5V 3H1 Attn:
President
Not
specified
3 years from
commencement
Moneris Solutions
Corporation
2 (National Account Critical
Debit and
Terminal )
National
Account
Merchant
Debit Card
and
Terminal
Agreement
Debit and terminal
agreement to allow
customers to use
debit at Herbal
Magic locations.
Also involves
renting point of sale
terminals
3300 Bloor Street West 7th Floor,
West Tower, Toronto, ON, M8X
2X2 Attn: Chief Sales & Marketing
Officer
1-Dec-12
30-Nov-15
Moneris Solutions
3 Corporation (Visa
and Mastercard )
Critical
VISA and
MasterCard
National
Account
Merchant
Agreement
VISA and
MasterCard
agreement to allow
customers to use
these cards at
Herbal Magic
locations
3300 Bloor Street West 7th Floor,
West Tower, Toronto, ON, M8X
2X2 Attn: Chief Sales & Marketing
Officer; Copy sent to 3300 Bloor
Street West 10th Floor, West
Tower, Toronto, ON, M8X 2X2
Attn: Chief Legal Officer
1-Dec-12
30-Nov-15
Thomson Group
4 (Thompson
Terminals)
Critical
Operating
Services
Agreement
Thomson Terminals Limited, 100
Warehousing and
Iron Street, Rexdale, ON M9W 5L9
operational services
Attn: James D. Thomson
1-Oct-09
31-Oct-19
1
Accelerated
Connections Inc.
APPENDIX B
Listing of Landlord and Counterparty Assignment
Consents Not Yet Received
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
1 Critical
Centre
Name
Landlord
Name
Landlord Address
700 Applewood Crescent
Brampton III Calloway REIT
Suite 200, Vaughan ON
(Bramalea) (Brampton) Inc.
L4K 5X3
2 Critical
Calgary
Central
c/o Bentall Kennedy
(Canada) LP North Hill
Bentall Kennedy Shopping Centre (bcIMC Realty Administration Office
Corporation)
Suite 1665-1632 14th
Avenue NW, Calgary AB
T2N 1M7
3 Critical
Calgary
Monterey
Monterey
Square Ltd.
4 Critical
Calgary SE II RioCan
(Southtrail) Holdings Inc.
5 Critical
RIOKIM
Holdings
(Ontario) Inc.
Clarkson
Crossing
Monterey Square Ltd. c/o
Rancho Realty (1975) Ltd.
1, 5528-1 Street SE, Calgary
AB T2H 2W9
495-36th Street NE Suite
257, Calgary AB T2A 6K3
130 King St West Suite
700, Toronto ON M5X 1E2
Date of
Original
Lease
Lease
Expiry
Date
Reason Consent Not
Received
25-Aug-09
Assignment agreement
settled and executed by
31-Jul-19 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
20-Jun-02
Parties attempted to
negotiate consensual
30-Sep-17 assignment agreement but
have been unable to reach
mutually agreeable terms.
27-Apr-06
Landlord internal review
process for consent to
30-Nov-19
assign lease not
completed.
30-Sep-04
Assignment agreement
settled and executed by
31-Jan-15 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
10-May-10
Assignment agreement
settled and executed by
31-Jan-16 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
6 Critical
7 Critical
Centre
Name
Landlord
Name
Landlord Address
Delta I
RioKIM
Holdings
(Strawberry
Hill) Inc.
2300 Yonge Street, Suite
500 P.O. Box 2386,
Toronto ON, M4P 1EA
Edmonton
SE III
RioCan
Meadows
Shopping Centre
Inc., as to an
undivided 50%
interest
and 2118717
Ontario Limited,
as to an
undivided 50%
interest, by its
agent RioCan
Management
Inc.
c/o RioCan Real Estate
Investment Trust, The
Exchange Tower, 130 King
Street West, Suite 700,
Toronto Ontario , M5X 1E2
with copy to RioCan
Property Services #257,
495-36 St NE, Calgary
Alberta, T2A 6K3
Date of
Original
Lease
Lease
Expiry
Date
Reason Consent Not
Received
1-Dec-10
Assignment agreement
settled and executed by
28-Feb-16 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
26-Feb-07
Assignment agreement
settled and executed by
30-Apr-17 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
8 Critical
9 Critical
Centre
Name
Fredericton
Gatineau
Landlord
Name
RioTrin
Properties
(Fredericton)
Inc.
Landlord Address
Trinity Development
Group Inc. 359 Kent Street
Suite 400 Ottawa, Ontario,
K2P0R6 with a copy to
RioCan Real Estate
Investment Trust , RioCan
Yonge Eglinton Centre,
2300 Yonge Street Suite
500, Toronto, Ontario
M4P2E4
First Capital
2620 de Salaberry Street,
(Nelligan, St
Suite 201, Montreal,
Rene)
Quebec, H3M 1L3
Corporation Inc.
Date of
Original
Lease
Lease
Expiry
Date
Reason Consent Not
Received
2-Jul-08
Assignment agreement
settled and executed by
12-Jul-19 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
March 15
2006
As a condition of its
consent, Landlord
requires reimbursement of
any costs incurred by the
Landlord in connection
30-Jun-16
with the assignment.
Purchaser requested
statement of such costs
and has not received a
response.
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
10 Critical
11 Critical
12 Critical
Centre
Name
Landlord
Name
Landlord Address
Guelph II
RioCan
Holdings Inc.
Riocan Holdings Inc., 2300
Yonge St Suite 500,
Toronto ON M4P 1E4;
copy to RioCan
Management Inc.,
Lawrence Square, 700
Lawrence Avenue West,
Suite 315, Toronto, ON,
M6A 3B4
Head Office
1867 Yonge
Street
Investments Inc.
and Montez
Office Fund I
Holdco Inc.
c/o Colliers International
1 Queen Street East, Suite
2200
Toronto, Ontario, M5C 2Z2
Attention: Property
Manager, 1867 Yonge
Street, Toronto, Ontario
Hull
First Capital
(Cite-Des2620 de Salaberry St. Suite
Jeunes)
201 Montreal QC H3M 1L3
Corporation Inc.
RC
Date of
Original
Lease
Lease
Expiry
Date
Reason Consent Not
Received
14-Jan-99
Assignment agreement
settled and executed by
31-Jan-19 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
21-Sep-10
Landlord internal review
process for consent to
31-Jul-21
assign lease not
completed.
1-Feb-06
As a condition of its
consent, Landlord
requires reimbursement of
any costs incurred by the
Landlord in connection
31-Mar-16
with the assignment.
Purchaser requested
statement of such costs
and has not received a
response.
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
Centre
Name
13 Critical
Kitchener II
14 Critical
London V
(Oakridge
Centre)
15 Critical
16 Critical
Landlord
Name
Landlord Address
Choice
Properties Ltd.
425 Bloor St. E, Suite 400,
Toronto ON M4W 3R4
RioCan
Holdings Inc.
Sherwood Forest Mall 1225
Wonderland Rd. N
London, ON N6G 2V9
Markham I
1302597 Ontario 600 Cochrane Dr. #220,
Inc.
Markham ON L3R 5K3
Milton II
65 Port Street East, Unit
Bentall Kennedy -110, Mississauga ON L5G
Optrust Retail
4V3, Attn: Senior Vice
Inc.
President, Shopping
Centres
Date of
Original
Lease
Lease
Expiry
Date
16-Nov-04
Consent provided appears
to be executed by Choice
Properties Ltd. but signed
incorrectly on behalf of
31-Jan-18 Loblaw Properties
Limited. No
documentation provided
to evidence change in
landlord.
3-Nov-97
Assignment agreement
settled and executed by
9-Sep-14 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
1-Mar-99
Parties attempted to
negotiate consensual
31-Mar-19 assignment agreement but
have been unable to
complete.
10-Nov-06
Parties attempted to
negotiate consensual
30-Apr-17 assignment agreement but
have been unable to reach
mutually agreeable terms.
Reason Consent Not
Received
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
17 Critical
18 Critical
19 Critical
Centre
Name
Landlord
Name
Landlord Address
55 University Avenue,
Suite 300, Toronto, ON
M5J 2H7
Mississauga
NW 1
Bentall Retail
Mississauga
SE
The Sitzer
Group Holdins
No. 1 Limited at Applewood
Hills Plaza/
Oakville I
The Abbey Plaza
8700 Dufferin St. Vaughan
c/o History Hill
ON L4K 4S6
Group
255 Lesmill Rd, Toronto
ON M3B 2V1
Date of
Original
Lease
Lease
Expiry
Date
Reason Consent Not
Received
19-Sep-02
Parties attempted to
negotiate consensual
31-Dec-17 assignment agreement but
have been unable to reach
mutually agreeable terms.
1-Jun-06
Parties attempted to
negotiate consensual
30-Apr-19 assignment agreement but
have been unable to
complete.
3-Jun-04
Parties attempted to
negotiate consensual
31-Dec-19 assignment agreement but
have been unable to reach
mutually agreeable terms.
20 Critical
Ottawa III
4319079 Canada 1371-E Woodroffe Ave
Inc.
Ottawa ON K2G 1V7
16-Aug-99
21 Critical
Owen Sound
Viabin Inc., & E 555 Steeprock Drive,
& B Toronto Ltd. Toronto, ON
18-Apr-96
Parties attempted to
negotiate consensual
28-Feb-16 assignment agreement but
have been unable to
complete.
Parties attempted to
negotiate consensual
30-Mar-19 assignment agreement but
have been unable to
complete.
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
22 Critical
Centre
Name
Perth
Landlord
Name
Landlord Address
105-383 Parkdale Ave
D.I.R.
Ottawa, ON
Developments K1Y 4R4
o/a 2377906
Phone 613-723-5300
Ontario Inc.
23 Critical
Pierrefonds
9099-0458
Quebec Inc.
800 Place Victoria suite
440 Montreal QC H4Z
1E8, Attn: Mark
Schneiderman
24 Critical
Port
Coquitlam
Liberty
Properties Inc.
#111-2071 Kingsway Ave,
Port Coquitlam, BC, V3C
6N2
25 Critical
Port Elgin
82 Weber St. East Suite
1539915 Ontario
201, Kitchener ON N2H
Inc.
1C7
Date of
Original
Lease
1-Feb-13
Lease
Expiry
Date
Reason Consent Not
Received
Unable to reach the
landlord. Motion
materials served by
courier on July 17, 2014
31-Jan-18
based on latest company
information provided. No
communication from the
landlord received.
18-Aug-10
As a condition of its
consent, Landlord
requires payment of any
and all outstanding rent,
expenses, taxes, charges,
31-Jul-18 or any other amount
owing under the lease.
Purchaser requested
statement of such costs
and has not received a
response.
1-Apr-10
Landlord internal review
process for consent to
31-Jul-15
assign lease not
completed.
3-May-04
Parties attempted to
negotiate consensual
30-Sep-19 assignment agreement but
have been unable to reach
mutually agreeable terms.
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
26 Critical
27 Critical
28 Critical
29 Critical
Centre
Name
Saskatoon
8th St
Sault Ste
Marie
Landlord
Name
Preston Centre
Holdings Inc.
c/o Dundee
Realty
Management
(Sask) Corp.
Landlord Address
123-2nd Ave South, Suite
#602, Saskatoon, SK S7K
7E6
77 Great Northern Rd,
2042957
Sault Ste Marie, ON P6B
Ontario Limited
4Y8
Simcoe
Luigi Gallo
12 Emerson Court,
Woodbridge, ON L4L 4L3
Toronto
Central III
Bentall Kennedy
(bcIMC Realty
Corp c/o GWL
Realty Advisors
Inc.)
199 Bay St. Suite 1910
Commerce Court Postal
Station, Toronto ON M5L
1E2
Date of
Original
Lease
Lease
Expiry
Date
Reason Consent Not
Received
6-Nov-08
Landlord internal review
process for consent to
30-Sep-15
assign lease not
completed.
25-Jul-08
Unable to reach the
landlord. Motion
materials served by
courier on July 17, 2014
31-Dec-17
based on latest company
information provided. No
communication from the
landlord received.
1-Jul-10
Parties attempted to
negotiate consensual
30-Jun-15 assignment agreement but
have been unable to
complete.
26-Sep-05
Landlord internal review
process for consent to
31-Dec-15
assign lease not
completed.
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
30 Critical
31 Other
32 Other
Centre
Name
Windsor IV
Bay Roberts
Kincardine
Landlord
Name
RioCan
Management
Inc. o/a 151516
Canada Inc.
Landlord Address
395 Wellington Rd. S Suite
214, London ON N6C 5Z6
Eastern Services 114 Conception Bay Hwy,
Inc.
Bay Roberts NL
Quinn Plaza Ltd.
10-445 Edgeley Blvd,
Concord ON L4K 4G1
Date of
Original
Lease
Lease
Expiry
Date
Reason Consent Not
Received
15-Dec-05
Assignment agreement
settled and executed by
14-Dec-15 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
Not
provided
Unable to reach the
landlord. Motion
materials served by
courier on July 17, 2014
MTM
based on latest company
information provided. No
communication from the
landlord received.
8-Jan-07
Unable to reach the
landlord. Motion
materials served by
courier on July 17, 2014
31-Jul-17
based on latest company
information provided. No
communication from the
landlord received.
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
33 Other
34 Other
35 Other
Centre
Name
Landlord
Name
Landlord Address
Suite 400, 1550 8th Street
SW, Calgary, Alberta, T2K
1K1; copy to Suite 400, 85
Hanna Avenue, Toronto,
Ontario, M6K 3S3
Langley
Crossing
First Capital
(Langley
Crossing)
Corporation
Ottawa II
Riocan Holdings Inc., 2300
Yonge St Suite 500,
Toronto ON M4P 1E4;
Riocan Holdings
copy to RioCan
Inc. o/a
Management Inc.,
2069512 Ontario
Lawrence Square, 700
Ltd.
Lawrence Avenue West,
Suite 315, Toronto, ON,
M6A 3B4
Renfrew
RioCan
Holdings Inc.
c/o 4173015
Canada Inc.
c/o RioCan Real Estate
Investment Trust, The
Exchange Tower, 130 King
Street West, Suite 700,
Toronto ON M5X 1E2
Date of
Original
Lease
Lease
Expiry
Date
Reason Consent Not
Received
17-Sep-12
As a condition of its
consent, Landlord
requires reimbursement of
any costs incurred by the
Landlord in connection
30-Nov-17
with the assignment.
Purchaser requested
statement of such costs
and has not received a
response.
8-Aug-11
Assignment agreement
settled and executed by
20-Jan-17 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
10-Jul-06
Assignment agreement
settled and executed by
17-Sep-16 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
Herbal Magic Inc.
Landlord Consents Not Received as of July 30, 2014
Critical
vs Other
36 Other
37 Other
38 Other
Centre
Name
Landlord
Name
St Catharines
Calloway REIT
I
Landlord Address
700 Applewood Cres, Suite
100, Vaughan, ON L4K
5X3
Calloway REIT
(Whitby) Inc.
700 Applewood Cres. Suite
100, Vaughan ON L4K 5X3
Woodbridge Choice
I
Properties Ltd.
1 President's Choice Circle,
4th Floor, South Tower,
Brampton, ON L6Y 5S5,
Attn: Executive VicePresident; copy to c/o
Arcturus Realty
Corporation, 425 Bloor
Street East, Suite 400,
Toronto, ON M4W 3R4
Whitby II
Date of
Original
Lease
Lease
Expiry
Date
30-Dec-04
Assignment agreement
settled and executed by
24-Apr-17 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
16-Dec-04
Assignment agreement
settled and executed by
18-Oct-16 Herbal Magic Inc. and the
Purchaser. Landlord has
not provided signature.
30-Mar-13
Consent provided appears
to be executed by Choice
Properties Ltd. but signed
incorrectly on behalf of
30-Jun-18
Loblaws Inc. No
documentation provided
to evidence change in
landlord.
Reason Consent Not
Received
Herbal Magic Inc.
Counterparty Consents Not Received as of July 30, 2014
Contracting
Counterparty
Garden State
Nutritionals Division of
1
Vitaquest
International,
LLC
Member
2 Solutions Inc.
(MSI)
Critical
vs Other
Critical
Critical
Name of
Contract
Nature of
Agreement
Manufacturing
Letter of
agreement for
Intent (Note: weight loss
This is not an products
agreement) distributed by
Herbal Magic
Master
Servicing
Agreement
Contract
receivable
collection
services,
accounts
receivable
management
software
Contracting
Party Address
8 Henderson
Drive, West
Caldwell, NJ
07006
330 S.
Warminster
Road, Suite 358,
Hatboro, PA
19040
Date of
Contract
Contract
Expiry
Date
Reason Consent Not
Received
Letter of
intent dated
12/31/2010
Party verbally indicated its
consent to assignment to
PwC, subject to payment of
N/A cure costs. The Purchaser
has agreed to pay the cure
costs claimed in accordance
with the APA.
27-Sep-12
Parties attempted to
negotiate a consent
None agreement but were unable
to reach mutually agreeable
terms.
Herbal Magic Inc.
Counterparty Consents Not Received as of July 30, 2014
Contracting
Counterparty
Critical
vs Other
Moneris Solutions
Corporation
3
Critical
(client payment
processing )
Name of
Contract
Price and
Marketing
Agreement
Nature of
Agreement
Contracting
Party Address
3300 Bloor Street
West 7th Floor,
West Tower,
Toronto, ON,
M8X 2X2 Attn:
Client payment
Chief Sales &
processing at
Marketing
the franchise
Officer; Copy
level (credit
sent to 3300
card, bank card,
Bloor Street West
ect.)
10th Floor, West
Tower, Toronto,
ON, M8X 2X2
Attn: Chief Legal
Officer
Date of
Contract
Contract
Expiry
Date
12-Mar-09
Moneris indicated it would
prepare a document.
30-Nov-15
Nothing further has been
received to date.
Reason Consent Not
Received
Herbal Magic Inc.
Counterparty Consents Not Received as of July 30, 2014
Contracting
Counterparty
Corporate
Express Canada
4 Inc o/a Staples
Advantage
Canada
Critical
vs Other
Other
Name of
Contract
Not provided
Nature of
Agreement
Contracting
Party Address
Office supplies
agreement
550 Pendant
Drive,
Mississauga, ON,
L5T 2W6, Attn:
Stan Dabic;
Copy sent to
Staples Inc. 500
Staples Drive,
Framingham,
MA, 01702, Attn:
General Counsel
Date of
Contract
8-Jul-10
Contract
Expiry
Date
Reason Consent Not
Received
Staples requested some
additional language
surrounding an extension of
the agreement on the form
of consent provided by
1-Jul-14
PwC. The Purchaser has
agreed to the additional
language but Staples is
unable to provide consent
until Friday.