Administrative Claims

Administrative Claims. Means any Claim constituting a cost or expense of administration of the Reorganization Case under Sections 503(b) and 507(a)(1) of the Bankruptcy Code including, without limitation, any actual and necessary expenses of preserving the estates of the Debtors, a Professional Fee Claim, and any actual and necessary expenses of operating the businesses of the Debtors. Unless otherwise specified herein or by order of the Bankruptcy Court,... "Allowed Administrative Claim, Allowed Claim, or Allowed Interest shall not, for purposes of computation of distributions under the Plan, include interest on such Administrative Expense Claim, Claim, or Interest from the Petition Date. Pursuant to Bankruptcy Rule 3003(c)(4), a filed proof of Claim supersedes a related Scheduled Claim. View More

Administrative Claims. Collectively, the Professional Fee Claims and the Other Administrative Claims.