Definition of Post Closing Asset


Post Closing Asset means (i) any Seller asset, other than an Excluded Asset, that is selected by Buyer after the Closing Date; (ii) all or any portion of Sellers' ownership interest in any joint venture, including the membership interests in Digital Domain Emirates L.L.C. and the equity interest in Digital Domain International, Inc.; and (iii) all or any portion of Sellers' ownership interest in assets leased from Bell Computers.
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Examples of Post Closing Asset in a sentence

Any Franchise Arrangement that is a Post Closing Asset shall be deemed to be a New Franchise Document for the purposes of this Agreement.