Examples of Debtor Professionals in a sentence
Such Carve-Out Cap may be incurred on behalf of the Debtor Professionals in an amount not to exceed $2,500,000 and on behalf of any Committee Professionals in an amount not to exceed $250,000 (other than any such fees and disbursements incurred in connection with the initiation or prosecution of any claims, causes of action, adversary proceedings or other litigation against the agents or lenders under the Existing RBL Credit Facility, the Existing Second Lien Credit Facility, or the DIP Facility).
Neither the DIP Lender nor the Prepetition Lenders shall be responsible for the payment or reimbursement of any fees or disbursements of any Debtor Professionals or Committee Professionals incurred in connection with the Chapter 11 Case or any Successor Case under any chapter of the Bankruptcy Code.
Carr, Vik Jindal, the Debtors’ Chief Restructuring Officer, and the Debtor Professionals) are authorized to take all actions necessary to effectuate the relief granted in this Final Order.
Prior to the occurrence of the Trigger Notice Date, the Debtors shall be permitted to pay allowed fees and expenses of the Debtor Professionals and the Committee Professionals subject to this Interim Order, the Bankruptcy Code, the Bankruptcy Rules, the Local Rules, and any interim compensation procedures order entered by this Court.
Such monthly reports will include line items for the amount paid to each of the Post-Effective Date Debtor Professionals.