IMO no. If the holding as described took place after the 1st kick but prior to A recovering the loose ball for the subsequent 2nd kick that then crossed the NZ, that's a previous spot foul.
My question on this more or less pertains to "b." below which states the ball crosses the NZ. When I first answered this, my answer was the same as yours. However after I thought about it some more, it doesn't say the kick or related kick crosses the NZ so I think it qualifies since all items are satisfied by the play because regardless of how the ball crossed the NZ, it crossed it. I thought this was a great question and would certainly like to see some more folks' opinions on this.
Postscrimmage Kick EnforcementARTICLE 3. During a scrimmage kick play, postscrimmage kick enforcement
applies only to fouls by Team B and only under the following conditions:
a. The kick is not during a try, a successful field goal, or in an extra
period.
b. The ball crosses the neutral zone.c. The foul occurs three or more yards beyond the neutral zone.
d. The foul occurs before the end of the kick (A.R. 10-2-3-I, II and V).
e. Team A is not in legal possession of the ball when it is declared dead.
If these conditions are all met, the penalty is enforced according to the
Three-and-One Principle with the postscrimmage kick spot as the basic
spot.