Allowed Administrative Expense definition

Allowed Administrative Expense means all or that portion of any Administrative Expense which has been Allowed by a Final Order of the Bankruptcy Court.
Allowed Administrative Expense means any Administrative Expense allowed under Section 507(a)(l) of the Bankruptcy Code.
Allowed Administrative Expense means any Administrative Expense, or portion thereof, with respect to which both (i) a timely and proper request for payment has been made to the extent required by this Plan, the Confirmation Order, or by any other order of the Bankruptcy Court, and (ii) either (a) such Administrative Expense is subject to allowance by the Bankruptcy Court pursuant to Bankruptcy Code section 330, 331, or 503(b)(2) through (5), but only to the extent such Administrative Expense actually is allowed by the Bankruptcy Court

Examples of Allowed Administrative Expense in a sentence

  • The Company has no Liabilities, except for the Class 6 Claims, and the HFG Allowed Administrative Expense claim.

  • Except to the extent the holder of an Allowed Administrative Expense Claim agrees otherwise, each holder of an Allowed Administrative Expense Claim shall be paid the full amount of the Claim, in Cash, as soon as practicable after the later of (i) the Effective Date, or (ii) the date on which such Claim becomes an Allowed Claim.

  • Unless some other treatment is agreed to by the relevant parties (that is reasonably acceptable to the Requisite Noteholders), on the Effective Date, or as soon as practicable thereafter, each Allowed Administrative Expense Claim, Priority Tax Claim, and Other Priority Claim shall be (i) paid in full in cash, (ii) paid in the ordinary course of business, or (iii) otherwise receive treatment consistent with the provisions of section 1129(a)(9) of the Bankruptcy Code.

  • Except to the extent that a holder of an Allowed Administrative Expense Claim or an Allowed Priority Tax Claim agrees to less favorable treatment, each holder of an Allowed Administrative Expense Claim or Allowed Priority Tax Claim will receive, in full and final satisfaction of such Claim, cash in an amount equal to such Allowed Claim on the Effective Date or as soon as practicable thereafter or such other treatment consistent with the provisions of section 1129(a)(9) of the Bankruptcy Code.

  • All other proofs of claims filed by FINAME or for the benefit of FINAME shall be disallowed and expunged after payment of the Allowed Administrative Expense Claim and the creation of the seventy-two new proofs of claim numbers as provided herein.


More Definitions of Allowed Administrative Expense

Allowed Administrative Expense means any Administrative Expense allowed under section 507(a)(2) of the Bankruptcy Code.
Allowed Administrative Expense means any cost or expense of administration of the Chapter 11 Case allowed under sections 503(b) and 507(a)(1) of the Bankruptcy Code, including, without limitation, any actual and necessary postpetition expenses of preserving the estate of the Debtor, any actual and necessary postpetition expenses of operating the business of the Debtor in Possession, all compensation or reimbursement of expenses to the extent allowed by the Bankruptcy Court under section 330, 331, or 503 of the Bankruptcy Code, and
Allowed Administrative Expense means all or that portion of an Administrative Expense which either (a) has been allowed by a Final Order as an Administrative Expense, or (b) was incurred by either or both Debtors in the ordinary course of business during these Chapter 11 Cases and is determined by the Debtors to be due, owing, valid, and enforceable against either or both Debtors.
Allowed Administrative Expense means all or that portion of an Administrative Expense which has been allowed pursuant to a Final Order.
Allowed Administrative Expense means all or that portion of any Administrative Expense which has been allowed by a Final Order of the Bankruptcy Court or for which no objection is filed prior to the final date permitted for the filing of such objection set forth in the Plan, Confirmation Order or such other applicable period of limitation fixed by the Bankruptcy Code or the Bankruptcy Rules.
Allowed Administrative Expense means any Administrative
Allowed Administrative Expense means any cost or expense of administration of the Case allowed under section 503(b) and 507(a)(1) of the Bankruptcy Code, including any actual and necessary expense of preserving the Estate, any actual and necessary expenses of operating any business of the Debtor in Possession, all compensation and reimbursement of expenses to the extent allowed by the Bankruptcy Court in a Final Order under section 330 or 503(b) of the Bankruptcy Code, any amounts payable pursuant to any Final Order authorizing the assumption of an executory contract or unexpired lease under section 365(b) of the Bankruptcy Code, and any fees or charges properly assessed against the Estate under 28 U.S.C. section 1930, as to which no objection has been interposed or filed with the Bankruptcy Court or, if a timely objection has been interposed or filed with the Bankruptcy Court, which has been Resolved as qualifying as an Allowed Administrative Expense.