Relocated Asset definition

Relocated Asset means any tangible asset or property of any Credit Party that constitutes, or under this Agreement, any Collateral Document or any other Credit Document is required to constitute, Collateral that is located outside of the nation in which such Credit Party is organized (and, for the avoidance of doubt, any such asset or property shall be deemed to be ineligible for inclusion in the Borrowing Base once it constitutes a Relocated Asset).