Plan Expenses definition

Plan Expenses means the expenses incurred by the Reorganized Debtors following the Effective Date (including the reasonable fees and costs of attorneys and other professionals) for the purpose of (i) resolving Disputed Claims, if any, and effectuating distributions to Creditors under the Committee’s Plan, (ii) otherwise implementing the Committee’s Plan and closing the Chapter 11 Cases, or (iii) undertaking any other matter relating to the Committee’s Plan.
Plan Expenses means all actual and necessary fees, costs, expenses, and obligations incurred by or owed to, the Plan Administrator and his or her respective agents, employees, attorneys, advisors, and other professionals in administering the Plan, including, without limitation, (a) reasonable compensation for services rendered, and reimbursement for actual and necessary expenses incurred, by any of the foregoing after the Effective Date through and including the date upon which the Court enters a final decree closing the Chapter 11 Case, and(b) all fees payable pursuant to Section 12.4 of the Plan.
Plan Expenses means the expenses incurred or payable by the Liquidating Debtor following the Effective Date (including the reasonable fees and costs of attorneys and other professionals) relating to implementation of the Plan, for the purpose of (i) prosecuting the Retained Rights of Action, (ii) resolving Claims and effectuating distributions to Creditors under the Plan, (iii) otherwise implementing the Plan and closing the Chapter 11 Case, or (iv) undertaking any other matter relating to the Plan. Reserves for Plan Expenses may be created in the discretion of the Plan Administrator.

Examples of Plan Expenses in a sentence

  • Plan Expenses: Any expenses of administering this Plan shall be borne by the Company.

  • Plan Expenses: Any expenses of administering the Plan shall be borne by the Company.

  • Plan Expenses: Any expenses of administering this Plan shall be borne by the Corporation.

  • Plan Expenses Administrative expenses of the Plan are paid by the Company.

  • Any disputes concerning the payment of Plan Expenses shall be submitted to the Bankruptcy Court for resolution.


More Definitions of Plan Expenses

Plan Expenses means the expenses incurred by the Reorganized Debtor following the Effective Date (including the fees and costs of attorneys and other professionals), for the purpose of (i) prosecuting litigation preserved under the Plan, (ii) resolving Disputed Claims and effectuating distributions to Creditors and Interest Holders under the Plan, (iii) otherwise implementing the Plan and closing the Chapter 11 Cases, or (iv) undertaking any other matter relating to the Plan.
Plan Expenses means all actual, reasonable, and necessary costs and expenses to be incurred after the Effective Date in connection with the administration of the Plan at the direction of the Plan Administrator in accordance with Section 5.3 of this Plan.
Plan Expenses means the expenses incurred or payable by the Settlement Trust or the Reorganized Debtor following the Effective Date (including the reasonable fees and costs of attorneys and other professionals) in an amount consistent with the Budget relating to implementation of the Plan, for the purpose of (i) prosecuting the Retained Causes of Action, (ii) resolving Administrative Claims and effectuating distributions to Holders of Allowed Claims or Interests under the Plan, (iii) otherwise implementing the Plan and closing the Chapter 11 Cases, or (iv) undertaking any other matter relating to the Plan.
Plan Expenses means all actual and necessary costs and expenses incurred
Plan Expenses means all actual and necessary fees, costs, expenses and obligations incurred by or owed to the Plan Administrator and its agents, employees, attorneys, advisors and other professionals in administering this Plan, including
Plan Expenses means all actual and necessary costs and expenses incurred on and after the Effective Date in connection with the Wind Down and the administration of the Plan, including, but not limited to, the costs, expenses and legal fees incurred and related to: (i) filing and prosecuting objections to Claims; (ii) investigating, litigating, settling, negotiating, pursuing or otherwise associated with Causes of Action, including, but not limited to, attorneys' fees, accounting fees, expert witness fees, and all costs relating to obtaining and distributing recoveries from such Causes of Action; (iii) performing the duties set forth in the Plan; and (iv) all fees payable pursuant to section 1930 of Title 28 of the United States Code.
Plan Expenses means all actual and necessary costs and expenses incurred in connection with the administration of the Plan, and, to the extent authorized by the Plan, and any Professionals retained by the post-Confirmation Debtors.