Examples of Professional Fees in a sentence
However, following entry of this Order, (i) amounts from the Professional Fees Reserve may be disbursed in the ordinary course of business, as provided for under the Confirmation Order and Confirmation Stipulation, without further order of the Court, and (ii) amounts from the Remaining Customer Claims Reserve shall be disbursed, without further order of the Court, upon entry of an order allowing or disallowing the applicable Remaining Customer Claim(s).
All final applications for allowance and disbursement of Professional Fees must be in compliance with all of the terms and provisions of any applicable order of the Bankruptcy Court, including the Confirmation Order.
WCH shall receive all remaining money in the (a) Professional Fees Reserve after the fees and expenses of the Reorganized Debtors’ professionals have been paid in full, and, if applicable, (b) the Remaining Customer Claims Reserve after resolution and payment of allRemaining Customer Claims.
Within three (3) business days of its receipt of funds from the Professional Fees Reserve and the Remaining Customer Claims Reserve, WCH shall file a notice with this Court indicating such funds have been received.
The Consultant will maintain at its expense PLI including coverage for errors and omissionscaused by Consultant’s negligence in the performance of its duties under this agreement, (A) For the amount not exceeding total payments for Professional Fees and Reimbursable Expenditures madeor expected to be made to the Consultants hereunder OR (B) the proceeds, the Consultants may be entitled to receive from any insurance maintained by the Consultants to cover such a liability,whichever of (A) or (B) is higher.