Plan Expenses definition

Plan Expenses means the expenses incurred by the Reorganized Debtors following the Effective Date (including the reasonable fees and costs of attorneys and other professionals) for the purpose of (i) resolving Disputed Claims, if any, and effectuating distributions to Creditors under the Committee’s Plan, (ii) otherwise implementing the Committee’s Plan and closing the Chapter 11 Cases, or (iii) undertaking any other matter relating to the Committee’s Plan.
Plan Expenses means all actual and necessary fees, costs, expenses, and obligations incurred by or owed to, the Plan Administrator and his or her respective agents, employees, attorneys, advisors, and other professionals in administering the Plan, including, without limitation, (a) reasonable compensation for services rendered, and reimbursement for actual and necessary expenses incurred, by any of the foregoing after the Effective Date through and including the date upon which the Court enters a final decree closing the Chapter 11 Case, and(b) all fees payable pursuant to Section 12.4 of the Plan.
Plan Expenses means the expenses incurred by the Reorganized Debtor following the Effective Date (including the fees and costs of attorneys and other professionals), for the purpose of (i) prosecuting litigation preserved under the Plan, (ii) resolving Disputed Claims and effectuating distributions to Creditors and Interest Holders under the Plan, (iii) otherwise implementing the Plan and closing the Chapter 11 Cases, or (iv) undertaking any other matter relating to the Plan.

Examples of Plan Expenses in a sentence

  • On or as soon as practical following the Effective Date, the Claims Reserve Account shall be opened and held by the Disbursing Agent and funded by the Unsecured Creditor Contribution, which funds (minus Plan Expenses) shall be held for the benefit of holders of Allowed Unsecured Claims.

  • Notwithstanding the foregoing, expenses incurred to analyze, resolve or adjudicate New Rejection Claims, whenever incurred, shall be the obligation of the Reorganized Debtor and shall be excluded from Plan Expenses.

  • The Debtor or the Reorganized Debtor shall not be obligated to pay and shall not pay any Plan Expenses.

  • Any Plan Expenses shall be payable solely out of the Unsecured Creditor Contribution and shall not constitute an obligation of the Reorganized Debtor.

  • Plan Expenses Direct administrative expenses are charged to the participants’ accounts, as provided by the Plan’s provisions.


More Definitions of Plan Expenses

Plan Expenses means the expenses incurred or payable by the Liquidating Debtor following the Effective Date (including the reasonable fees and costs of attorneys and other professionals) relating to implementation of the Plan, for the purpose of (i) prosecuting the Retained Rights of Action, (ii) resolving Claims and effectuating distributions to Creditors under the Plan, (iii) otherwise implementing the Plan and closing the Chapter 11 Case, or (iv) undertaking any other matter relating to the Plan. Reserves for Plan Expenses may be created in the discretion of the Plan Administrator.
Plan Expenses means the expenses incurred or payable by the Settlement Trust Distribution Agent or the Reorganized Debtor following the Effective Date (including the reasonable fees and costs of attorneys and other professionals) in an amount consistent with the Budget relating to implementation of the Plan, for the purpose of (i) prosecuting the Retained Causes of Action, (ii) resolving Administrative Claims, Priority Tax Claims, and other Priority Claims and effectuating distributions to Holders of Allowed Claims , other than General Unsecured Claims, or Interests under the Plan, (iii) otherwise implementing the Plan and closing the Chapter 11 Cases, or (iv) undertaking any other matter relating to the Plan.
Plan Expenses means all actual, reasonable, and necessary costs and expenses to be incurred after the Effective Date in connection with the administration of the Plan at the direction of the Plan Administrator in accordance with Section 5.3 of this Plan.
Plan Expenses means all actual and necessary fees, costs, expenses and obligations incurred by or owed to the Plan Administrator and its agents, employees, attorneys, advisors and other professionals in administering this Plan, including
Plan Expenses means (a) the actual cost of the claims incurred under the Ferro COBRA Plans that are not paid by Ferro’s stop loss insurance carrier, (b) stop-loss, dental, vision, and HMO insurance premiums with respect to the Ferro COBRA Plans, (c) administrative service fees for the Ferro COBRA Plans and Ferro’s FSA, and COBRA administrative fees with respect to the Ferro COBRA Plans, and (d) the portion of the COBRA Premium for the Ferro COBRA Plans attributable to the 2% administrative charge.
Plan Expenses means all actual and necessary costs and expenses incurred
Plan Expenses means all actual and necessary costs and expenses incurred after the Effective Date in connection with the administration of the Plan, including, but not limited to, the Liquidation Trustee's costs, expenses and legal fees incurred related to filing and prosecuting objections to Administrative, Priority, and Secured Claims and the wind up of the Debtors and Post-Confirmation Debtors at the direction of the Liquidation Trustee and all fees payable pursuant to section 1930 of Title 28 of the United States Code, but excluding the fees, costs and expenses of the Liquidation Trustee and any professionals retained by the Liquidation Trustee.