Ordinary Course Professional definition

Ordinary Course Professional means an Entity (other than a Professional) retained and compensated by the Debtors in accordance with the Ordinary Course Professionals Order.
Ordinary Course Professional means professionals employed by the Debtors in the ordinary course of their business pursuant to the Ordinary Course Professionals Order.
Ordinary Course Professional means professionals retained and compensated by the Debtors in accordance with the Ordinary Course Professionals Order.

Examples of Ordinary Course Professional in a sentence

  • Within forty-five (45) days after the Effective Date, a Professional receiving payment for the estimated period shall submit a detailed invoice covering such period in the manner and providing the detail as set forth in the Professional Fee Order or the Ordinary Course Professional Order, as applicable.

  • Within 45 days after the Effective Date, a Professional receiving payment for the estimated period shall submit a detailed invoice covering such period in the manner and providing the detail as set forth in the Professional Fee Order or the Ordinary Course Professional Order, as applicable.

  • When all Professional Claims and Key Ordinary Course Professional Claims have been paid in full, amounts remaining in the Holdback Escrow Account, if any, shall be paid to the Reorganized Debtors.

  • All final requests for payment of Professional Claims and Key Ordinary Course Professional Claims must be filed no later than sixty (60) days after the Effective Date.

  • A Claim of an Ordinary Course Professional for compensation or reimbursement of costs and expenses relating to services incurred during the period from the Petition Date through and including the Effective Date.


More Definitions of Ordinary Course Professional

Ordinary Course Professional means an Entity (other than a Professional) retained and
Ordinary Course Professional means any professional retained under the Order Authorizing the Retention and Compensation of Certain Professionals Utilized in the Ordinary Course of Business [Docket No. 265].
Ordinary Course Professional means a professional who is retained, employed and paid by theDebtors in the ordinary course of the Debtors' business, without the submission of separate retention applications and the issuance of separate retention orders for each such professional, as permitted by the Ordinary Course Professionals Order.
Ordinary Course Professional means those professionals retained in the Chapter 11 Case by the Bankruptcy Court pursuant to the terms of the "Order Pursuant to Sections 105(a), 327, 328 and 330 of the Bankruptcy Code Authorizing Debtor to Employ Professionals Utilized in the Ordinary Course of Business," which was entered on March 21, 2003; provided, however, that any professional retained pursuant to such order who is required to file a final fee application under the terms of paragraph 6 of such order shall be treated as a Professional for purposes of this Plan.
Ordinary Course Professional means any professional retained, employed and compensated by the Debtor under the terms of the Order Granting Motion of the Debtor and Debtor In Possession for Entry of an Order Under 11 U.S.C. §§ 105(a), 327, 328 and 330 Authorizing it to Retain and Pay Professionals Utilized by the Debtor In the ordinary Course of Business [Docket No. 88] entered by the Bankruptcy Court on September 2, 2014.
Ordinary Course Professional means those certain Persons identified as ordinary course professionals or key ordinary course professionals by the Debtors pursuant to the First Supplement to Exhibit 1 to the Ordinary Course Professional Order (Dkt. No. 218).