Examples of Costs of administration in a sentence
The remaining proceeds after payment to the Secured Claim holders are distributed as follows: - Chapter 7 Administrative Claims full recovery - Chapter 11 Professional Fees/ Costs of Administration full recovery - General Unsecured Claims between 13.2% and 16.7% - Interests no recovery Underlying this liquidation analysis are a number of estimates and assumptions that are inherently subject to significant uncertainties.
Further, except for the express obligations of the Company under the Plan and under Awards granted in accordance with the provisions of the Plan, the Company shall have no liability with respect to any Award, or to any Participant or any transferee of Shares from any Participant, including, but not limited to, any tax liabilities, capital losses, or other costs or losses incurred by any Participant or any such transferee.(f) Costs of Administration.
The Participant and his or her transferees and assignees will pay such Costs of Administration no later than thirty (30) days after receipt of written demand therefor from the Committee.
Costs of Administration: Most costs of administering the plan will be paid by Sterling, except as noted below.
In the event that a Termination Event shall occur to or with respect to a Participant, then the Committee may, in its sole discretion, charge the Costs of Administration (as herein defined) with respect to the Participant’s Options and the Participant’s rights under the Option Agreements to the Participant (and any transferee or assignee of any of the Participant’s Options) during any periods following the Termination Event and prior to the exercise by the Participant of all of his or her Options.