Quebec · CCAA
Exhibit R-5: Draft of the MSH Reverse Order
Affidavit · 11 May 2023
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 filing3 verified
- secured creditorsnote: Listed in Schedule C as a 'Permitted Encumbrance' - survives the Transactions and is not discharged, unlike the Schedule D security · page: 20 · debtor: Endoceutics Pharma (MSH) Inc. · creditor: LBC Leasing Limited Partnership (as assignee of LBEL Inc.) · currency: CAD · security: Two leasing agreements originally in favour of LBEL Inc., published at the RPMRR under numbers 20-0706115-0001 and 20-0182011-0001, and assigned to LBC Leasing Limited Partnership pursuant to registration number 20-1258153-0002
- secured creditorsnote: Listed in Schedule D 'Security/Encumbrances to be Discharged' - to be struck/discharged from the RPMRR pursuant to this Vesting and Approval Order; stated figure is the registered hypothec amount, not a confirmed outstanding balance · page: 21 · debtor: Endoceutics Pharma (MSH) Inc. · creditor: CRG Servicing LLC · currency: CAD · security: Conventional hypothec without delivery, registered amount $170,000,000 plus interest at 25% per annum, published at the RPMRR on January 20, 2017 under number 17-0050151-0001
- secured creditorsnote: Listed in Schedule D 'Security/Encumbrances to be Discharged' - to be struck/discharged from the RPMRR pursuant to this Vesting and Approval Order; stated figure is the registered hypothec amount, not a confirmed outstanding balance · page: 21 · debtor: Endoceutics Pharma (MSH) Inc. · creditor: HSBC Bank Canada · currency: CAD · security: Conventional hypothec with delivery on account no. 171-124278-001, registered amount $60,000 plus interest at 20% per annum, published at the RPMRR on March 11, 2021 under number 21-0225331-0001