Eligible Rolling Stock Collateral definition
Eligible Rolling Stock Collateral means Eligible UK Rolling Stock Collateral or Eligible US Rolling Stock Collateral, as applicable.
Eligible Rolling Stock Collateral means the UK Equipment listed in the Initial Eligible Rolling Stock Schedule and any additional mobile and static pumps or other classes of assets with the consent of Agent (in the exercise of its Permitted Discretion) acquired by a UK Borrower for the purpose of hire to customers save for any such UK Equipment which (in the opinion of Agent (acting reasonably) and after consultation with the UK Administrative Borrower):