Restructuring Fees and Expenses Sample Clauses

Restructuring Fees and Expenses. Subject to entry of the Approval Order, regardless of whether a restructuring is implemented, the Ultra Entities shall pay all accrued and ongoing reasonable and documented fees, costs and expenses of counsel and other professional advisors engaged by the HoldCo Noteholder Committee and the counsel and other professionals engaged by the Consenting HoldCo Equityholder Committee, including without limitation (a) Xxxxx Xxxxxxx LLP, as co-counsel to the Equityholder Committee, (b) Xxxx, Xxxx & McGraw, P.C., as co-counsel to the Equityholder Committee, (c) Xxxxx X. Xxxxxxx Company, as financial advisor to the Equityholder Committee, (d) Xxxx Xxxxx, as co-counsel to the HoldCo Noteholder Committee, (e) Xxxxxx Xxxxxx LLP, as co-counsel to the HoldCo Noteholder Committee, and (f) Xxxxxxxx Xxxxx, as financial advisor to the HoldCo Noteholder Committee, that are specifically related to the restructuring of the Ultra Entities or Chapter 11 Cases of the Ultra Entities and were incurred (i) on or prior to the Effective Date or (ii) within three (3) months following the Effective Date, but only to the extent such costs and expenses relate to services rendered in the course of consummation and implementation of the Plan or as contemplated under the Plan, whether such fees, costs and expenses were previously incurred or invoiced (the “Restructuring Expenses”), on a regular and continuing basis, within two (2) business days following fifteen (15) calendar days after delivery of an invoice to the Ultra Parties (redacted for privilege and work product), each in accordance with the agreements between the Ultra Entities and the applicable firm, without any requirement for Bankruptcy Court review or further Bankruptcy Court order. The Ultra Entities shall have ten (10) days following their receipt of any invoices to review and object to the reasonableness of the fees and expenses included in such invoice. If any such objection is not resolved within ten (10) days after such objection is interposed, a hearing with respect thereto shall be conducted at a regularly scheduled omnibus hearing in the Chapter 11 Cases; provided, that the Ultra Entities shall pay any undisputed portion of such fees, costs, and expenses on the first Thursday following fifteen (15) days after the initial presentment of such invoices. To the extent not previously paid by the Ultra Entities, the Ultra Entities shall pay all accrued Restructuring Expenses, including estimated amounts, through the Effective ...
AutoNDA by SimpleDocs
Restructuring Fees and Expenses. The Restructuring Fees and Expenses incurred, or estimated to be incurred, up to and including the Effective Date (or, with respect to necessary post-Effective Date activities, after the Effective Date), shall be paid in full in Cash on the Effective Date in accordance with, and subject to, the terms of the Transaction Support Agreement or the DIP/Cash Collateral Orders, as applicable, (unless otherwise provided in any other order of the Bankruptcy Court), without any requirement to file a fee application with the Bankruptcy Court or without any requirement for Bankruptcy Court or United States Trustee review or approval (unless otherwise provided in any other order of the Bankruptcy Court), or without notice and a hearing pursuant to section 1129(a)(4) of the Bankruptcy Code or otherwise. All Restructuring Fees and Expenses to be paid on the Effective Date shall be estimated before and as of the Effective Date and such estimates shall be delivered to the Debtors at least five (5) Business Days before the anticipated Effective Date; provided, however, that such estimates shall not be considered an admission or limitation with respect to such Restructuring Fees and Expenses. On the Effective Date, or as soon as practicable thereafter, final invoices for all Restructuring Fees and Expenses incurred before and as of the Effective Date shall be submitted to the Debtors. In addition, the Debtors and the Reorganized Debtors, as applicable, shall continue to pay, when due and payable in the ordinary course, pre-Effective Date Restructuring Fees and Expenses related to this Plan and the implementation, consummation, and defense of this Plan and the Restructuring Transactions, incurred before the Effective Date, in accordance with the Transaction Support Agreement and the ABL/FILO Exit Facility Commitment Letters.
Restructuring Fees and Expenses the fees and expenses paid and/or payable by the TCN Group since 1 July 2002 in relation to the recapitalisation, readjustment, rescheduling and/or reorganisation of the share capital and/or Indebtedness of the Telewest Group which has or is to become effective on or about the Recapitalisation Supplemental Deed Effective Date do not exceed £20,000,000 in aggregate.
Restructuring Fees and Expenses. The Financing Credit Parties may pay or reimburse the Organizers or other third parties for the non-recurring fees and expenses incurred by or on behalf of the Fund (but not on behalf of any other Person, including without limitation the Special Member, TPG, Pioneer or the Managing Member) in connection with the restructuring of the Predecessor Fund and of the Loan, commencing on December 12, 1997 through the date of the Agreement, in a cumulative amount not to exceed $500,000 in the aggregate (the "Maximum Reimbursement Amount"). The only such fees and expenses for which the Financing Credit Parties may pay or reimburse any Person in accordance with the foregoing are, subject to the Maximum Reimbursement Amount, the following:

Related to Restructuring Fees and Expenses

  • Legal Fees and Expenses The parties shall each bear their own expenses, legal fees and other fees incurred in connection with this Agreement.

  • Certain Fees and Expenses (a) Provided that the Fund is not in material breach of its obligations under this Agreement, if the Merger is not consummated for failure of the condition to Closing contained in Section 7.1(f) to be satisfied and, as a result of such failure, CNLRP is obligated to pay the Company a break-up fee pursuant to the terms of the CNLRP Merger Agreement, the Company shall pay to the Fund as follows: (i) if the Fund has waived the condition to Closing contained in Section 7.1(f) and elected to proceed with the Merger, the Company shall pay to the Fund an amount equal to $8,000,000, multiplied by a fraction, the numerator of which shall be the value of the Merger Consideration and the denominator of which shall be the value of the Aggregate Merger Consideration; and (ii) if the Fund has not waived the condition to Closing contained in Section 7.1(f) and the Merger is not consummated, the Company shall pay to the Fund an amount equal to $5,000,000, multiplied by a fraction, the numerator of which shall be the value of the Merger Consideration and the denominator of which shall be the value of the Aggregate Merger Consideration.

  • Transfer Fees and Expenses The Transferor and Transferee of any Units or other interest in the Company shall be jointly and severally obligated to reimburse the Company for all reasonable expenses (including attorneys’ fees and expenses) of any Transfer or proposed Transfer, whether or not consummated.

  • Payment of Fees and Expenses Borrower shall have paid to Lender all fees, charges, and other expenses which are then due and payable as specified in this Agreement or any Related Document.

Time is Money Join Law Insider Premium to draft better contracts faster.