Allowed Administrative Expense definition

Allowed Administrative Expense means all or that portion of any Administrative Expense which has been Allowed by a Final Order of the Bankruptcy Court.

Allowed Administrative Expense means any Administrative Expense allowed under Section 507(a)(l) of the Bankruptcy Code.

Allowed Administrative Expense means any Administrative Expense, or portion thereof, with respect to which both (i) a timely and proper request for payment has been made to the extent required by this Plan, the Confirmation Order, or by any other order of the Bankruptcy Court, and (ii) either (a) such Administrative Expense is subject to allowance by the Bankruptcy Court pursuant to Bankruptcy Code section 330, 331, or 503(b)(2) through (5), but only to the extent such Administrative Expense actually is allowed by the Bankruptcy Court

Examples of Allowed Administrative Expense in a sentence

• If a timely Objection is filed, the Claim shall become an Allowed Administrative Expense only to the extent allowed by a Final Order.

• Such payments to Holders of Allowed Priority Tax Claims shall be paid by the Debtors from the Unimpaired Claims Cash Reserve, after payment in full to all Allowed Administrative Expense Claims, and, to the extent the Unimpaired Claims Cash Reserve is insufficient to pay all such Allowed Priority Tax Claims in full, then by the Distribution Trustee from the first net proceeds of the Distribution Trust Assets following satisfaction of all Allowed Administrative Expense Claims.

• Except for Statutory Fees and to the extent that any Entity entitled to payment of an Allowed Administrative Expense Claim agrees to a different treatment, each Holder of an Allowed Administrative Expense Claim shall receive Cash in an amount equal to any unpaid portion of such Allowed Administrative Expense Claim on the later of the Effective Date and the date such Administrative Expense Claim becomes Allowed, or within seven (7) Business Days thereafter.

• In the event such asserted setoff rights are not valid, the aggregate amount of Allowed Administrative Expense Claims may increase.

• Notwithstanding the foregoing, at the election of HFG, either (i) each Allowed Administrative Expense of HFG against a Target Debtor will be paid according to the terms set forth in the promissory note evidencing such Administrative Expense pari passu with all other Allowed Administrative Expenses of the Liquidating Debtors, or (ii) HFG may receive 80% of the Plan Shares issued by each of the Post Confirmation Debtors in full satisfaction of its Allowed Administrative Expenses.

More Definitions of Allowed Administrative Expense

Allowed Administrative Expense means any Administrative Expense allowed under section 507(a)(2) of the Bankruptcy Code.

Allowed Administrative Expense means all or that portion of an Administrative Expense which either (a) has been allowed by a Final Order as an Administrative Expense, or (b) was incurred by either or both Debtors in the ordinary course of business during these Chapter 11 Cases and is determined to be due, owing, valid, and enforceable against either or both Debtors.

Allowed Administrative Expense means any cost or expense of administration of the Chapter 11 Case allowed under sections 503(b) and 507(a)(1) of the Bankruptcy Code, including, without limitation, any actual and necessary postpetition expenses of preserving the estate of the Debtor, any actual and necessary postpetition expenses of operating the business of the Debtor in Possession, all compensation or reimbursement of expenses to the extent allowed by the Bankruptcy Court under section 330, 331, or 503 of the Bankruptcy Code, and

Allowed Administrative Expense means any cost or expense of administration of the Case allowed under section 503(b) and 507(a)(1) of the Bankruptcy Code, including any actual and necessary expense of preserving the Estate, any actual and necessary expenses of operating any business of the Debtor in Possession, all compensation and reimbursement of expenses to the extent allowed by the Bankruptcy Court in a Final Order under section 330 or 503(b) of the Bankruptcy Code, any amounts payable pursuant to any Final Order authorizing the assumption of an executory contract or unexpired lease under section 365(b) of the Bankruptcy Code, and any fees or charges properly assessed against the Estate under 28 U.S.C. section 1930, as to which no objection has been interposed or filed with the Bankruptcy Court or, if a timely objection has been interposed or filed with the Bankruptcy Court, which has been Resolved as qualifying as an Allowed Administrative Expense.

Allowed Administrative Expense means any Administrative Expense allowed under Bankruptcy Code § 507(a)(1).

Allowed Administrative Expense means any cost or expense of the Estate that is allowed under § 503(b) of the Bankruptcy Code by a final and nonappealable order of the Court after notice and a hearing and shall also include any fees and charges assessed against the Estate under 28 U.S.C. § 1930.

Allowed Administrative Expense means all or that portion of any Administrative Expense which has been allowed by a Final Order of the Bankruptcy Court or for which no objection is filed prior to the final date permitted for the filing of such objection set forth in the Plan, Confirmation Order or such other applicable period of limitation fixed by the Bankruptcy Code or the Bankruptcy Rules.