Administrative Creditor definition

Administrative Creditor means a person entitled to payment of an Administrative Expense Claim.

Administrative Creditor means any Creditor who asserts an Administrative Claim.

Administrative Creditor means any Creditor holding an Allowed Administrative Claim.

Examples of Administrative Creditor in a sentence

• The Allowed Claims of this Group shall be paid the full amount of their Claims on such date as may be mutually agreed upon between Debtor and the particular claimant, or, if no such date is agreed upon, the latest of (i) the Effective Date, (ii) the date by which payment would be due in the ordinary course of business between Debtor and such Administrative Creditor, or (iii) the date on which the Bankruptcy Court enters its order, if necessary, approving Debtor’s payment of such expenses.

• PA DOR is also a prospective Administrative Creditor, since the Plan provides for a taxable sale of real property of either the Joint Debtors, or of one of the Debtors, Pittsburgh Athletic Association Land Company (PAA LC), is now a profit corporation, and any gain from such sale will therefore be subject to Pennsylvania Corporate Net Income, Capital Stock and Franchise Taxes.

• If Debtor does not have other administrative claims, Debtor should write “none” in the first row under the column Name of Administrative Creditor.

• The Allowed Claims of this Group shall be paid the full amount of their Claims on such date as may be mutually agreed upon between the Debtors and the particular claimant, or,if no such date is agreed upon, the later of (i) the Effective Date, (ii) the date by which payment would be due in the ordinary course of business between the Debtors and such Administrative Creditor, or (iii) the date on which the Bankruptcy Court enters its order, if necessary, approving the Debtors’ payment of such expenses.

• The Allowed Claims of this Group shall be paid the full amount of their Claims on such date as may be mutually agreed upon between Debtor and the particular claimant, or, if no such date is agreed upon, the latest of (i) the Effective Date, (ii) the date by which payment would be due in the ordinary course of business between Debtorand such Administrative Creditor, or (iii) the date on which the Bankruptcy Court enters its order, if necessary, approving Debtor’s payment of such expenses.

More Definitions of Administrative Creditor

Administrative Creditor means any creditor entitled to payment of an administrative expense claim.

Administrative Creditor means a person or entity holding an Allowed Administrative Claim.

Administrative Creditor means a holder of an Allowed Administrative

Administrative Creditor means a holder of an AdministrativeClaim.

Administrative Creditor means any Holder of an Allowed Administrative Claim.

Administrative Creditor means any creditor entitled to payment of an Administrative Expense Claim.

Administrative Creditor means the holder of a Claim for any cost or expense of administration in connection with these Chapter 11 cases, allowed under § 503(b) and § 507(a)(2) of the Bankruptcy Code, including, without limitation, any actual, necessary costs and expenses of preserving the Debtors’ estates and of operating and conducting the business of the Debtors, all allowances of compensation for legal or other professional services or reimbursement of costs and expenses under § 330 and § 503 of the Bankruptcy Code or otherwise allowed by the Court.