Administrative Expense

Administrative Expense. Administrative Expense means, with respect to any period, costs incurred by CARRIER for policy issuance and policy maintenance during such period, but excluding the cost of investigating and paying claims. 1

Administrative Expense. Means any cost or expense of administration of the Chapter 11 case allowable under Bankruptcy Code § 507(a), including, without limitation, any actual and necessary expenses of preserving the estate of the Debtor, any actual and necessary expense of operating the business of the Debtor, any indebtedness or obligation incurred or assumed by the Debtor in connection with the conduct of its business or for the acquisition or lease of property or the provision of services to the Debtor, all... allowances of compensation and reimbursement of expenses allowed by the Bankruptcy Court under Bankruptcy Code §§ 330 or 503, any fees or charges assessed against the estate of the Debtor under Chapter 123, title 28, of the United States Code, and the reasonable fees and expenses incurred by the Proponent in connection with the proposal and confirmation of this Plan. View More