Alberta · Receivership (court-appointed)
Sworn Affidavit of Vera Watson_part 1
Affidavit · 2 May 2025
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What we verified from this filing3 verified
- secured creditorsnote: One of three components of total Obligors' indebtedness to the Lender of $16,085,019.09 as at May 2, 2025, per the Lender's payout statements (Exhibit BB); owed under the Pizza Hut Commitment Letter and Pizza Hut Credit Agreement; also secured by Guarantee and Indemnity of the Personal Guarantor (individual, Sherwood Park AB) · page: 4 · as of: 2025-05-02 · amount: 4169730.46 · debtor: Pizza Hut Borrower, 13955389 Canada Corp. (corporate guarantor), and Pizza Hut Corporate Guarantors · creditor: National Bank of Canada (as successor to Canadian Western Bank) (the "Lender") · currency: CAD · security: General Security Agreements dated April 25, 2023 and December 9, 2023 (security interest in all present and after-acquired personal and real property, assets and undertakings); Hypothecation and Pledge Agreements dated August 30, 2023, December 19, 2023 and December 9, 2024 (universality of present and future moveable, corporeal and incorporeal property, Quebec sites)
- secured creditorsnote: One of three components of total Obligors' indebtedness to the Lender of $16,085,019.09 as at May 2, 2025, per the Lender's payout statements (Exhibit BB); owed under the Burger King Commitment Letter and Burger King Credit Agreement; also secured by Guarantee and Indemnity of the Personal Guarantor (individual, Sherwood Park AB) · page: 4 · as of: 2025-05-02 · amount: 10645610.61 · debtor: Burger King Borrower and Burger King Corporate Guarantors · creditor: National Bank of Canada (as successor to Canadian Western Bank) (the "Lender") · currency: CAD · security: General Security Agreement dated July 28, 2023 (security interest in all present and after-acquired personal and real property, assets and undertakings)
- secured creditorsnote: One of three components of total Obligors' indebtedness to the Lender of $16,085,019.09 as at May 2, 2025, per the Lender's payout statements (Exhibit BB); owed under the Denny's Credit Agreement and Denny's ELSA; also secured by Guarantees and Indemnity of the Personal Guarantor (individual, Sherwood Park AB) · page: 4 · as of: 2025-05-02 · amount: 1269678.02 · debtor: Denny's Borrower and Denny's Equipment Borrower · creditor: National Bank of Canada (as successor to Canadian Western Bank) (the "Lender") · currency: CAD · security: Equipment Loan and Security Agreement dated December 11, 2020 (the "Denny's ELSA"), as amended