Trust Expense has the meaning set forth in Section 2.3.
Trust Expense means all actual and necessary fees, costs, expenses, and obligations incurred or owed by the Creditor Trustee or his or her agents, employees, attorneys, advisors or other professionals in administering this Combined Plan and Disclosure Statement and the Creditor Trust (including, without limitation, reasonable compensation for services rendered, and reimbursement for actual and necessary expense incurred, by the Creditor Trustee and his or her agents, employees and professionals) arising after the Effective Date through and including the date upon which the Bankruptcy Court enters a Final Decree closing the Chapter 11 Case, which shall be solely payable from the Creditor Trust Assets.
Trust Expense means all actual and necessary fees, costs, expenses, and obligations incurred or owed by the Creditor Trustee or his or her agents, employees, attorneys, advisors or other professionals in administering this Combined Plan and Disclosure Statement and the Creditor Trust (including, without limitation, reasonable compensation for services rendered, and reimbursement for actual and necessary expense incurred, by the Creditor Trustee and his or her agents, employees and professionals) arising after the Effective Date through and including the date upon which the Bankruptcy Court enters a Final Decree closing the Chapter 11 Case, which shall be solely payable from the Creditor Trust Assets.
Examples of Trust Expense in a sentence
In the Sponsor’s sole discretion, all or any portion of a Sponsor-paid Expense may be redesignated as an Addi-tional Trust Expense.