Alberta · Receivership (court-appointed)
Affidavit of Brenda Chow
Affidavit · 8 February 2024
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What we verified from this filing3 verified
- secured creditorsnote: Subordinated in all respects to prior repayment in full of HSBC indebtedness per subordination agreement dated August 9, 2023; Roynat is also a shareholder of Hunterwood (related party); amount owing not stated in document · page: 5 · debtor: Harvest Farm Equipment Inc. and Hunterwood Technologies Ltd. · creditor: Roynat Capital Inc. · currency: CAD
- secured creditorsnote: Subordinated in all respects to prior repayment in full of HSBC indebtedness per subordination agreement dated August 9, 2023; amount owing not stated in document · page: 5 · debtor: Harvest Farm Equipment Inc. and Hunterwood Technologies Ltd. · creditor: Apex III Investment Fund Limited Partnership (by its general partner Apex III Investment GP Inc.) · currency: CAD
- secured creditorsnote: Stated TOTAL before legal costs per affidavit para 31, comprised of Operating Loan $2,693,989.81, Capital Loan Facility $3,741,396.42, Letter of Guarantee Facility $1,682,343.75 (approximate, USD 1,250,000), Master Lease Facility $577,438.18, MasterCard Facility $38,183.78. Excludes legal costs. · page: 6 · as of: 2024-02-07 · amount: 8733351.94 · debtor: Hunterwood Technologies Ltd. (with Harvest Farm Equipment Inc. and Hunterwood Technologies USA Ltd. as guarantors) · creditor: HSBC Bank Canada · currency: CAD · security: General Security Agreements over all present and future personal property of Hunterwood (Jan 7, 2022), Harvest (Jan 7, 2022) and USA (May 24, 2022); Guarantees from Harvest (Jan 7, 2022) and USA (May 24, 2022) of Hunterwood's indebtedness; first priority position over Hunterwood's personal property per PPSA search dated Feb 6, 2024