Reported Fee Accruals means the amount of Professional Fees and Expenses which have been incurred, accrued or invoiced (but remain unpaid) prior to such time as the Lender delivers the Carve Out Trigger Notice. For purposes of determining the amount of the Professional Fee Carve Out, “Reported Fee Accruals” shall be equal to the aggregate amounts under the heading “Professional Fees Incurred” in the Approved Budget (reflected on an accrual basis and not on a cash basis) for the line item in the relevant time period for each such Case Professional (or if less, the actual Professional Fees and Expenses incurred to such time) minus any payments received on account thereof. Any Professional Fees and Expenses which have been incurred, accrued or invoiced (and remain unpaid) but are in excess of the amounts reflected in the Approved Budget in the line item for the relevant time period for each such Case Professional shall not constitute “Reported Fee Accruals.”
Reported Fee Accruals means accrued and unpaid fees, disbursements, costs, and expenses incurred by any professionals or professional firms retained by the Domestic Borrowers or the Committee through and including the date of delivery by the Administrative Agent (or the Required Lenders, where applicable) or the DIP Term Agent of a Carve Out Trigger Notice, which amounts shall be reported in arrears by the Domestic Borrowers to the Administrative Agent on a weekly basis, less any amounts actually paid on account thereof.
Reported Fee Accruals means Professional Fees and Expenses which have been incurred, accrued or invoiced (and remain unpaid), in an amount not to exceed 110% of the aggregate amount set forth in the line items for “Debtors’ Professional Fees” and “Committee’s Professional Fees” in the Wind Down Budget. Any such Professional Fees and Expenses which have been incurred, accrued or invoiced (and remain unpaid) in excess of 110% of the amount thereof set forth in the Wind Down Budget shall not constitute “Reported Fee Accruals.”
More Definitions of Reported Fee Accruals
Reported Fee Accruals means all allowed fees, disbursements, costs and expenses of the Professionals which have been incurred, accrued or invoiced (but remain unpaid) through the date of service of a Carve-Out Trigger Notice up to, but not exceeding, the aggregate amounts under the heading “Professional Fees & Carve Out Funding” in the Budget (reflected on an accrual basis and not on a cash basis) for the line item for each such Professional (or if less, such Professional’s actual fees, disbursements, costs and expenses incurred to such time) minus any payments received on account thereof Any Professional’s fees, disbursements, costs and expenses which have been incurred, accrued or invoiced (and remain unpaid) but are in excess of the aggregate amounts reflected in the Budget in the line item for each such Professional shall not constitute “Reported Fee Accruals”, and shall not constitute part of the Carve-Out.
Reported Fee Accruals means all accrued and unpaid fees, disbursements, costs and expenses, allowed by the Bankruptcy Court and incurred by the Case Professionals.
Reported Fee Accruals means the amount of Professional Fees and Expenses which have been incurred, accrued or invoiced (but remain unpaid) prior to such time as the Administrative Agent notifies the Lead Borrower of the occurrence and continuation of an Event of Default. For purposes of determining the amount of the Professional Fee Carve Out, “Reported Fee Accruals” shall be equal to the aggregate “Professional Fees” reflected in the approved Budget for the relevant time period minus any payments received on account thereof, which payments are reported to the Agents in accordance with the provisions of Section 5.01(a)(iii) hereof. Any Professional Fees and Expenses which have been incurred, accrued or invoiced (and remain unpaid) but are in excess of the amounts reflected on the approved Budget for the relevant time period (subject to the Variance Report delivered pursuant to Section 5.01(b)(i) hereof) shall not constitute “Reported Fee Accruals.”
Reported Fee Accruals means all fees, disbursements, costs and expenses of the Case Professionals which have been incurred, accrued or invoiced (but remain unpaid) through the date of service of a Carve Out Trigger Notice. For purposes of determining the amount of the Carve Out, “Reported Fee Accruals” shall be equal to the aggregate amounts under the heading “Professional Fees and Expenses Accrued” in the Approved Budget (reflected on an accrual basis and not on a cash basis) for the line item for each such Case Professional (or if less, such Case Professional’s actual fees, disbursements, costs and expenses incurred to such time) minus any payments received on account thereof. Any Case Professional’s fees, disbursements, costs and expenses which have been incurred, accrued or invoiced (and remain unpaid) but are in excess of the aggregate amounts reflected in the Budget in the line item for each such Case Professional shall not constitute “Reported Fee Accruals.”
Reported Fee Accruals means all accrued and unpaid fees, disbursements, costs and expenses of the Case Professionals.