Professional Costs definition

Professional Costs means all reasonable fees and expenses of auditors, accountants, valuation experts, Collateral disposition service providers, restructuring and other advisory services in connection with restructurings, workouts and Insolvency Proceedings, and fees and costs of attorneys.

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Professional Costs means the costs recoverable by a worker in respect of the work undertaken by a legal practitioner;

Professional Costs means any professional fees and expenses incurred by the Company or any of its Subsidiaries and any official committee appointed in the Chapter 11 Cases, including investment banking fees and expenses, fees and expenses of any Chief Restructuring Officer (or similar restructuring professional, collectively the "Estate Professionals") and professional fees and expenses of counsel and financial advisors to secured creditors payable by the Sellers (sometimes referred to as the "adequate protection costs"), in each case, (x) for the period from September 1, 2003 to the Petition Date and (y) in the case of the professional fees and expenses of counsel and financial advisors to secured creditors (the "Creditor Professionals"), payable by the Sellers after the Petition Date pursuant to one or more Orders of the Bankruptcy Court providing for the use of cash collateral and (z) in the case of the Estate Professionals, from and after the Petition Date.

Examples of Professional Costs in a sentence

• For each billing period, BioTime shall equitably prorate and allocate its Employee Costs, Equipment Costs, Insurance Costs, Lease Costs, Professional Costs, Software Costs, Supply Costs, and Utilities Costs, between BioTime and AgeX based upon actual documented use and cost by or for AgeX or upon proportionate usage by BioTime and AgeX, as reasonably estimated by BioTime.

• Without the prior approval of the Requisite Lenders, the fees of A&M shall not exceed $200,000 per month, and no other Specified Professional Costs shall be paid unless approved by the Requisite Lenders.

• Immediately after making such determination, the City Manager's office shall notify the Union of the decision, and, to the extent possible, the length of time the emergency condition is expected to continue.

• For each billing period, BioTime shall equitably prorate and allocate its Employee Costs, Equipment Costs, Insurance Costs, Lease Costs, Professional Costs, Software Costs, Supply Costs, and Utilities Costs, between BioTime and OncoCyte based upon actual documented use and cost by or for OncoCyte or upon proportionate usage by BioTime and OncoCyte, as reasonably estimated by BioTime.

• For each billing period, BioTime shall equitably prorate and allocate its Employee Costs, Equipment Costs, Insurance Costs, Lease Costs, Professional Costs, Software Costs, Supply Costs, and Utilities Costs, between BioTime and ES based upon actual documented use and cost by or for ES or upon proportionate usage by BioTime and ES, as reasonably estimated by BioTime.

• Professional Costs means all costs and expenses incurred by BioTime for the services of independent accountants, attorneys, and other consultants who provide professional or consulting services for the benefit of OncoCyte.

• The City shall withdraw funds from the Escrow as needed to reimburse itself for the actual Professional Costs it incurs related to the Water Study and the Informal Plan Review.

• Seller shall not be responsible to reimburse the Buyer for more than $500,000 of Professional Costs.

• To the extent that the Professional Costs Paid Amount is less than $4,900,000, the Purchase Price shall be increased dollar-for-dollar by the Professional Costs Incurred Amount; provided, however, that the sum of such increase plus the Professional Costs Paid Amount shall not exceed $4,900,000.

• In the event a dispute regarding claimed Professional Costs cannot be resolved, the dispute shall be addressed pursuant to the process outlined in Sections 4.3(a) and 4.4(b) hereof.

More Definitions of Professional Costs

Professional Costs means all costs and expenses of GOLD related to the transactions contemplated by this Agreement including expenses for attorneys, accountants, and financial advisers.

Professional Costs means the costs of the Project Team. Schedule 10 : Escrow

Professional Costs has the meaning ascribed to such term in Section 3.5(b).

Professional Costs means all costs and expenses of TARGET related to the transactions contemplated by this Agreement including expenses for attorneys, accountants, and financial advisers.

Professional Costs means the professional and other costs incurred by the Company in connection with the Proposed Transaction or any previous financing of the Company since 30 September 2009, including the fees to be paid at Closing to Lazard & Co., Limited, Freshfields Bruckhaus ▇▇▇▇▇▇▇▇ LLP, ▇▇▇▇▇ Day, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (London) LLP and Deloitte LLP including, in each case, the disbursements of such advisers, and any VAT on such professional costs and disbursements, as set out in the Funds Flow, unless otherwise agreed with the Company;