Definition of Post-Closing Collateral

  1. Post-Closing Collateral means the portion of the Collateral for which a valid and perfected security interest in favor of the Collateral Trustee has not been created on or prior to the Issue Date.

Definition of Post-Closing Collateral in Senior Secured Note

Post-Closing Collateral means the portion of the Collateral for which a valid and perfected security interest in favor of the Collateral Trustee has not been created on or prior to the Issue Date.