Definition of Post-Default As-Extracted Collateral


Post-Default As-Extracted Collateral means, all As-Extracted Collateral which is extracted on and after the date which is five (5) Business Days after the Agents have received a written notice from the Required Term A Lenders that (A) an Event of Default has occurred and is continuing and (B) the Term Loan A has been accelerated or is otherwise due.
Sample 1