Alberta · Receivership (court-appointed)

Affidavit of Alexandra Durstling (Sworn Oct 31, 2025)

Affidavit · 3 November 2025

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 filing1 verified

secured creditorsnote: Guarantee (dated April 14, 2025) capped at a maximum principal amount of $10,000,000.00 (facility/guarantee limit, not a balance). Debt, Guarantee, GSA and Pledge Agreement originally held by ATB Financial and assigned to 274 pursuant to a Bare Assignment of Debt and Security dated August 26, 2025. Amount stated is the outstanding balance under the Guarantee as of October 31, 2025 per books and records of 274 (statement of account, Exhibit J); interest continues to accrue at the contractual default rate. · page: 2 · as of: 2025-10-31 · amount: 1598592.05 · debtor: WAM RED-L Limited Partnership · creditor: 2740805 Alberta Ltd. (274) · currency: CAD · security: General Security Agreement (all present and after-acquired personal property) and Securities Pledge Agreement (49.99% partnership unit holding in WAM RED-L Property Holdings Limited Partnership), both dated April 28, 2025