Alberta · Receivership (court-appointed)
Affidavit of Cian McDonnell
Affidavit · 26 February 2024
What we verified from this filing4 verified
- secured creditorsnote: Debenture registration ceiling $11,000,000 principal plus 25% per annum interest; prose approximation elsewhere states $8,104,685.56 as of Sept 29, 2022 demand and $8,117,940.35 as of Oct 25, 2022 per Forbearance Agreement recitals; exact dated balance per statement (Exhibit K) used as amount · page: 4 · as of: 2024-02-23 · amount: 5516385.13 · debtor: Janmar Investments (Alberta) Ltd. · creditor: Roynat Inc. · currency: CAD · security: Demand Debenture dated February 7, 2017 (registered March 6, 2017) - first fixed/specific mortgage and charge on Janmar Lands and floating charge over all present and after-acquired personal property, accounts, inventory; General Assignment of Leases and Rents
- secured creditorsnote: Guarantor is related party (corporate guarantor for borrower); guarantee unconditional, joint and several with Janmar's indebtedness · page: 4 · as of: 2024-02-23 · amount: 5516385.13 · debtor: 1406676 Alberta Ltd. · creditor: Roynat Inc. · currency: CAD · security: Corporate guarantee (140 Guarantee) dated February 7, 2017
- secured creditorsnote: Personal guarantor; individual, not a company - amount is guarantee cap plus accruing interest after demand · page: 4 · as of: 2024-02-23 · amount: 1000000 · debtor: Marjorie Carr · creditor: Roynat Inc. · currency: CAD · security: Personal guarantee (Marjorie Guarantee) dated April 23, 2021, capped at $1,000,000
- secured creditorsnote: Personal guarantor; individual, not a company - amount is guarantee cap plus accruing interest after demand · page: 5 · as of: 2024-02-23 · amount: 1000000 · debtor: Ward Fleming · creditor: Roynat Inc. · currency: CAD · security: Personal guarantee (Fleming Guarantee) dated February 7, 2017, capped at $1,000,000