Definition of Post-Closing Collateral


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.
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Examples of Post-Closing Collateral in a sentence

The Issuer and the Guarantors will take the actions required by Section 4.10 (Post-Closing Collateral Matters) of the Security Agreement.
All property of the Company and the Guarantors owned on the Issue Date (other than Excluded Property) shall be pledged as Collateral pursuant to the Collateral Documents on the Issue Date, and perfected with the priority intended to be granted thereby, subject, in the case of the Post-Closing Collateral Documents, to the provisions of Section 11.05.
A certificate from a Responsible Officer of the Borrower certifying that the Borrower has completed all material Post-Closing Collateral Requirements (other than such requirements for which the Administrative Agent has extended and/or waived the relevant completion).
The Company and the Guarantors will take the actions required by Section 4.15 (Post-Closing Collateral Matters) of the Security Agreement.
A certificate from a Responsible Officer of the Borrower certifying that the Contributed Assets have been contributed to the Borrower and the Borrower has completed all Post-Closing Collateral Requirements (other than such requirements for which the Administrative Agent has extended and/or waived the relevant completion).