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

• If a timely Objection is filed, the Claim shall become an Allowed Administrative Expense only to the extent allowed by a Final Order.

• In the event such asserted setoff rights are not valid, the aggregate amount of Allowed Administrative Expense Claims may increase.

• Allowed Administrative Expense Claims and Allowed Priority Tax Claims are not classified for purposes of voting under the Plan, but the Plan does provide for the treatment of such Claims.

• Such Claim shall be satisfied by (a) first, setoff against LBHI’s Allowed Administrative Expense Claim against LBSF as of the Effective Date, (b) second, setoff against LBHI’s claims arising after the Effective Date for reimbursement by LBSF for post-Effective Date administration costs after reconciliation on a quarterly basis and, if necessary, (c) third, payment of the balance in Cash up to $300 million.

• Except for Statutory Fees and to the extent that any Entity entitled to payment of an Allowed Administrative Expense Claim agrees to a different treatment, each Holder of an Allowed Administrative Expense Claim shall receive Cash in an amount equal to any unpaid portion of such Allowed Administrative Expense Claim on the later of the Effective Date and the date such Administrative Expense Claim becomes Allowed, or within seven (7) Business Days thereafter.

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 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 to be due, owing, valid, and enforceable against either or both Debtors.

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 any fees or charges assessed against the estate of the Debtor under

Allowed Administrative Expense means any Administrative Expense allowed under Bankruptcy Code § 507(a)(1).

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 an Administrative Expense that is or becomes

Allowed Administrative Expense means an Allowed Claim that is