Case Professionals definition

Case Professionals means Borrower’s and any Statutory Committee’s professionals, retained by either of them by final order of the Bankruptcy Court (which order has not been reversed, vacated or stayed unless such stay is no longer effective) under Sections 327 or 1103(a) of the Bankruptcy Code.

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Case Professionals means Persons or firms retained by the Loan Parties or the Creditors’ Committee or other statutory committee appointed in the Chapter 11 Case pursuant to §§327 and 1103 of the Bankruptcy Code.

Examples of Case Professionals in a sentence

Neither the DIP Agents, the DIP Secured Parties nor the Prepetition Secured Parties shall be responsible for the payment or reimbursement of any fees or disbursements of any Case Professionals incurred in connection with the Chapter 11 Cases or any Successor Cases under any chapter of the Bankruptcy Code.
Nothing in this Interim Order or otherwise shall be construed to obligate the DIP Agents, DIP Secured Parties or Prepetition Secured Parties in any way to pay compensation to or to reimburse expenses of any Case Professionals, or to guarantee that the Debtors have sufficient funds to pay such compensation or reimbursement.
No fee may be paid from the Pro Fee Account until it has been authorized and approved by the Bankruptcy Court, whether approved on an interim or final basis or paid in accordance with any order of the Bankruptcy Court governing the payment of Case Professionals.
So long as there are no Events of Defaults under this Agreement, budgeted amounts for the Case Professionals will be transferred each week pursuant to the Budget into a segregated account (the “Pro Fee Account”) that is not subject to the Lender’s liens or security interests.
Lender shall not be responsible for the direct payment or reimbursement of any fees or disbursements of any Case Professionals incurred in connection with the Chapter 11 Case under any chapter of the Bankruptcy Code, and nothing herein shall be construed to obligate Lender in any way to pay compensation to or to reimburse expenses of any Case Professional, or to guarantee that Borrower have sufficient funds to pay such compensation or reimbursement.

More Definitions of Case Professionals

Case Professionals means any professional hired by the Debtors, the Committee or otherwise who seek to be paid by the Debtors for services rendered in relation to this case.

Case Professionals means any professional (other than an ordinary course professional) retained by the Borrowers or the Committee pursuant to a final order of the Bankruptcy Court (which order has not been vacated or stayed, unless the stay has been vacated) under sections 327, 328, 363 or 1103(a) of the Bankruptcy Code.

Case Professionals has the meaning ascribed thereto in Section 2.9(c).

Case Professionals means (a) any and all of the professionals formally retained by the WV-Debtors; (b) any professionals formally retained by the official committee of unsecured creditors appointed in the Bankruptcy Cases, (c) a patient care ombudsman, if any, if appointed in the Bankruptcy Cases and (d) any professionals formally retained by the patient care ombudsman (if any), in each such instance, provided such professionals’ employment or appointment is formally approved under a final order entered by the Bankruptcy Court in the Bankruptcy Cases pursuant to Sections 327, 333 or 1103, as applicable, of the Bankruptcy Code.

Case Professionals means the Loan Parties’ and any Statutory Committee’s professionals, retained by either of them by final order of the Bankruptcy Court (which order has not been reversed, vacated or stayed unless such stay is no longer effective) under Sections 327 or 1103(a) of the Bankruptcy Code, including the Canadian Loan Parties’ Canadian legal counsel and the Information Officer appointed under the Canadian Recognition Order and its professionals.

Case Professionals as defined in Section 2.22(c).

Case Professionals as defined in Section 4.25(a)(i).