Professional Compensation definition

Professional Compensation means payment made for services rendered to a Medicaid recipient by an individual licensed to provide health care services.
Professional Compensation means (i) any amounts that the Bankruptcy Court allows pursuant to section 327, 328, 330, 331, 363, 503(b) or 1103 of the Bankruptcy Code as compensation earned, and reimbursement of expenses incurred, by Professionals employed by the Debtors and the Creditors’ Committee, and (ii) any amounts the Bankruptcy Court allows pursuant to sections 503(b) of the Bankruptcy Code in connection with the making of a substantial contribution to the Chapter 11 Cases.
Professional Compensation means the fees and expenses of Professionals (including, without limitation: (a) success fees allowed or awarded by a Final Order of the Bankruptcy Court or any other court of competent jurisdiction, and (b) fees or expenses allowed or awarded by a Final Order of the Bankruptcy Court or any other court of competent jurisdiction) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under Sections 328, 330(a), 331 or 503(b)(2-5) of the Bankruptcy Code.

Examples of Professional Compensation in a sentence

  • Professional compensation that is unrealistically low or not in reasonable relationship to the various job categories, since it may impair the Con- tractor’s ability to attract and retain com- petent professional service employees, may be viewed as evidence of failure to com- prehend the complexity of the contract re- quirements.(d) Failure to comply with these provisions may constitute sufficient cause to justify re- jection of a proposal.(End of provision)[48 FR 42478, Sept.


More Definitions of Professional Compensation

Professional Compensation means (i) any amounts that the Bankruptcy Court allows pursuant to Section 330 of the Bankruptcy Code as compensation earned, and reimbursement of expenses incurred, by professionals employed by the Debtor or the Committee and (ii) any amounts the Bankruptcy Court allows pursuant to Sections 503(b)(3) and (4) of the Bankruptcy Code.
Professional Compensation means (i) any amounts that the Bankruptcy Court allows pursuant to section 330 of the Bankruptcy Code as compensation
Professional Compensation means any unpaid fees and expenses of Professionals, as such fees and expenses are allowed by the Bankruptcy Court.
Professional Compensation means the fees and expenses of the Debtors’ and Committee’s respective Professionals for compensation and reimbursement of expenses.
Professional Compensation means salary and wages, employee and fringe benefits (except as otherwise provided in Section 6.10), and related expenses and taxes involving certain licensed health care personnel, all as further set forth in Section 6.3.1. Professional Compensation due to Physician Shareholders shall be paid solely from Practice Surplus.
Professional Compensation means (1) any amounts that the Bankruptcy Court allows pursuant to section 330 of the Bankruptcy Code as compensation earned, and reimbursement of expenses incurred, by professionals employed by the Debtors and (2)
Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under sections 328, 330(a) or 331 of the Bankruptcy Code before the Effective Date by any retained Professional in the Chapter 11 Case, or that are awardable and allowable under section 503 of the Bankruptcy Code, that the Bankruptcy Court has not denied by a Final Order, to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount).