Professional Fee Escrow Amount definition

Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

Professional Fee Escrow Amount means the total amount of Professional fees and expenses estimated pursuant to Article II.B.3 of the Plan.

Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses the Professionals have incurred or will incur in rendering services in connection with the Chapter 11 Cases prior to and as of the Confirmation Date projected to be outstanding as of the anticipated Effective Date, which shall be estimated pursuant to the method set forth in Article II.B of the Plan.

Examples of Professional Fee Escrow Amount in a sentence

• As soon as reasonably practicable after the Confirmation Date, and no later than one Business Day prior to the Effective Date, the Debtors shall establish and fund the Professional Fee Escrow Account with Cash equal to the Professional Fee Escrow Amount.

• As soon as is reasonably practicable after the Confirmation Date and no later than the Effective Date, the Debtors shall establish and fund the Professional Fee Escrow Account with Cash equal to the Professional Fee Escrow Amount.

• The total amount so estimated shall comprise the Professional Fee Escrow Amount.

• As soon as possible after Confirmation and not later than the Effective Date, the Debtors shall establish and fund the Professional Fee Escrow Account with Cash equal to the Professional Fee Escrow Amount.

• The total amount so estimated shall be utilized by the Debtors to determine the Professional Fee Escrow Amount.

More Definitions of Professional Fee Escrow Amount

Professional Fee Escrow Amount means the aggregate Accrued Professional Compensation Claims through the Effective Date as estimated in accordance with Article II.B.3.

Professional Fee Escrow Amount means the aggregate unpaid Fee Claims through the Confirmation Date as estimated in accordance with Article II.B.

Professional Fee Escrow Amount means the amount equal to the total estimated amount of Professional Fee Claims.

Professional Fee Escrow Amount means the amount of Cash transferred by the Debtors, with the consent of the Committee and Supporting Noteholders, to the Professional Fee Escrow to pay Accrued Professional Compensation Claims.

Professional Fee Escrow Amount means the amount of Cash transferred by the Debtors to the Professional Fee Escrow to pay Accrued Professional Compensation Claims of the Debtors’ Professionals.

Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses estimated in accordance with Article B.3 of the Plan.

Professional Fee Escrow Amount means the total amount of Professional fees and expenses estimated pursuant to Article II.B.3 of the Plan and after taking into account any Cash that has been escrowed for a similar purpose as part of consummating the Sale Transaction.