Not sure what you mean by '2 OT feeders', but sounds like you've got a panel that is using a 3-pole 100a breaker that is back-fed. One question: Why do you want to remove it? There can't be too many more loads you need to put on it, considering it's 480/277.
Sounds like a loose connection in the subpanel, either breaker-to-busbar or wire-to-breaker. Or possibly a defective breaker.
Each phase will be rated to carry 100 amps.