Ontario · NOI
UCG - PT Third Report - Executed
Court officer report · 6 May 2025
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What we verified from this filing2 verified
- secured creditorsnote: Subordinate only to ACC's security in specific deciduous tree crop proceeds (APP) and BRM proceeds per Acknowledgement and Postponement dated Nov 21, 2023; no balance stated · page: 15 · debtor: UCG Land Inc. and Upper Canada Growers Ltd. · creditor: The Bank of Nova Scotia (BNS) · currency: CAD · security: Secured lender / DIP Lender; security interest in personal property of the Companies, confirmed valid and enforceable per Security Opinions
- secured creditorsnote: Security confirmed valid and enforceable per Security Opinions; no balance stated · page: 15 · debtor: UCG Land Inc. and Upper Canada Growers Ltd. · creditor: Agricultural Credit Corporation (ACC) · currency: CAD · security: Security interest senior to BNS with respect to: (a) present/future deciduous tree crops for which cash advance issued under Advance Payments Program (AMPA); (b) proceeds under Business Risk Management Program