Definition of Post-Closing Term Loan Indebtedness

  1. Post-Closing Term Loan Indebtedness means the secured Contingent Obligations of the Borrower or a Subsidiary in the aggregate original principal amount of up to $575,000,000 arising in connection with such Borrower's or Subsidiary's guarantee of the Indebtedness of Edgen Murray under the 2012 Senior Notes."

Definition of Post-Closing Term Loan Indebtedness in Amended and Restated Credit Agreement

Post-Closing Term Loan Indebtedness means the secured Contingent Obligations of the Borrower or a Subsidiary in the aggregate original principal amount of up to $575,000,000 arising in connection with such Borrower's or Subsidiary's guarantee of the Indebtedness of Edgen Murray under the 2012 Senior Notes."